Sassy Resources Corporation (CSE:SASY) (OTCQB:SSYRF) (FRA:4E7) has announced that Terence F. Coughlan, the founding chief executive officer of producer GoGold Resources, has joined the company’s board of directors.
The company noted that Coughlan brings significant additional strengths to the Sassy board at a time of transformative developments for it in both Newfoundland and Northwest British Columbia’s prolific Eskay Camp.
In a statement, Coughlan commented: "I’m very familiar with Newfoundland, and that’s actually where GoGold got its start many years ago. After serving as a technical adviser with Sassy, I’m eagerly joining the Board to play an even bigger role with a company I believe is extremely well positioned on every front from property holdings to management, share structure and financial strength. Sassy has accomplished much in its first year as a publicly-traded company and I’m looking forward to even more exciting times ahead.”
READ: Sassy Resources expands Newfoundland property holdings
Mark Scott, Sassy Resources president and CEO, added: “With a nearly 40-year record of success in mineral exploration, operations and corporate development, Terry is a tremendous addition to our board. Notably, each of the last three public companies with which he's been involved have developed a producing mine.”
Coughlan holds a bachelor of science degree in geology from Saint Mary's University and has been actively involved in the mineral resource industry since 1984. He is the former chairman, president and CEO of GoGold Resources, a Canadian-based gold and silver producer with properties in Mexico. Previously, he was vice-president and director of Gammon Gold Inc., and vice-president and director of Acadian Mining Corp.
To make room for Coughlan on the Sassy board, the company said Robert Stewart has resigned from his position as an independent director. Sassy said "it extends its appreciation to Stewart for his contributions to the Company and wishes him success in his future endeavors".
Sassy Resources is an exploration stage resource company currently engaged in the identification, acquisition and exploration of high-grade precious metal and base metal projects in North America. Its focus is the Foremore Gold-Silver Project located in the Eskay Camp, Liard Mining Division, in the heart of Northwest Britich Columbia’s prolific Golden Triangle,
and the Central Newfoundland Gold Belt.
Contact the author at jon.hopkins@proactiveinvestors.com