Unigold Inc (CVE:UGD) (OTCQX:UGDIF) (FRA:UGB1) said it has appointed Steve Haggarty, the managing director of engineering consultancy Haggarty Technical Services Corp to its board of directors.
The company said Haggarty has had a 40-year career in the industry prior to forming Haggarty Technical Services, having previously worked with firms including Barrick Gold Corp (NYSE: GOLD) (TSE:ABX) (FRA:ABR), Homestake Mining, International Corona, and Teck Corporation.
WATCH: Unigold provides positive mineral resource update on Candelones Project
Unigold also said Haggarty’s metallurgical background and operational experience includes copper, molybdenum, gold, silver, and PGM group metals at mining operations involving copper SX-EW, flotation, heap leaching, pressure oxidation, roasting, and CIL recovery plants.
“On behalf of the Board, I would like to welcome Steve to Unigold. His depth of project experience and metallurgical knowledge enhances the ability of the Board to guide management as we continue to unlock value at Candelones. Our recent PEA on our oxide project, and the recent multi-million ounce Mineral Resource Estimate for the sulfides sets the basis for future planning. Steve’s innovative experience in both heap leaching and sulfide processing will help on all fronts as we continue to move our projects up the value chain,” Unigold chairman and chief executive Joseph Hamilton said in a statement.
Unigold also said the board has approved the grant of stock options to its directors for the acquisition of an aggregate of up to 200,000 shares in the company with an exercise price of $0.22 per share and an expiry date of June 1, 2026.
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