Altaley Mining Corporation (TSX-V:ATLY) has announced that it has appointed Mike Struthers as its new CEO and director.
The company said Struthers was a seasoned professional and chartered engineer with more than 40 years of international mining experience.
His experience includes project management in feasibility and engineering studies, project development, technical reviews, financial evaluations, strategic planning, mine expansions, construction management, and project due diligence over a wide range of commodities and jurisdictions including base metals, gold, and diamonds, in jurisdictions including Africa, Australia, North America, South America, Europe and Russia, according to Altaley.
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Altaley chairman David Rhodes welcomed Struthers' appointment and noted his experience would augment and strengthen the company's management team, especially in operations, project engineering, and construction management.
“The company has experienced a number of delays with bringing our flagship Tahuehueto project on stream, so in his new role Mike will bring his extensive experience to bear to ensure Tahuehueto is successfully delivered to add significant value to shareholders through sustained and consistent production,” he said.
“Together with more consistent production from our Campo Morado operation, this will provide the foundation for the company to grow to meet its aspiration of becoming Mexico’s next mid-tier metals producer.”
Struthers added that he was delighted to join the Altaley team to help build the company into a significant player in the Mexican mining scene.
“I’m confident we can overcome recent challenges to successfully deliver the Tahuehueto project efficiently for shareholders, and thereafter to ensure both operations in Mexico produce consistently to create that foundation for growth,” he said.
“The Altaley organization will also continue to evolve and strengthen as it completes its transition from an explorer to dependable producer.”
The company’s previous CEO Ralph Shearing will continue as president and director, with Altaley noting that his long tenure and experience in senior management would continue to provide invaluable knowledge and insight to the company.
Altaley is a Canadian-based mining company with two 100% owned Mexican gold, silver and base metal mining projects.
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