Kirkland Lake Gold Announces Management Changes
19 November 2018 - 10:00AM
Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or
the “
Company”) (TSX:KL) (NYSE:KL) (ASX:KLA) today
announced the appointments of David Soares as Chief Financial
Officer and Eric Kallio as Senior Vice President, Exploration. Both
appointments are effective immediately.
The Company also announced a number of internal
management changes. Among the changes: John Landmark, currently
Vice President, Exploration – Australia, will assume the role of
Vice President, Human Resources, effective January 1, 2019; Pierre
Rocque, Vice President, Canadian Operations, has been appointed
Vice President, Technical Services; and Duncan King, General
Manager, Canadian Operations, is appointed Vice President, Mining
(Kirkland Lake). The appointments for Mr. Rocque and Mr. King are
effective immediately.
In addition, Christina (“Tina”) Ouellette,
Executive Vice President, Human Resources, will retire from the
Company following a transition period with Mr. Landmark early in
2019. Doug Cater, Vice President, Exploration – Canada, will retire
from the Company as of January 1, 2019.
David Soares brings to the Company over 15 years
of finance and management experience reflecting progressively
senior leadership roles with multinational mining companies,
including Xstrata, Glencore and Barrick. Prior to joining Kirkland
Lake Gold, Mr. Soares served as Chief Financial Officer of
Baffinland Iron Mines Corporation, a joint venture between Arcelor
Mittal and Nunavut Iron Ore. He has international governance
experience having served as a director of national level
organizations representing industry and the private
sector. Mr. Soares holds a Chartered Professional
Accountant designation (CPA, CA) from the Chartered Professional
Accountants of Ontario, a Master of Business Administration from
the Ivey Business School, and a Bachelor of Commerce from the
University of Toronto.
Mr. Kallio is a geologist registered with the
Association of Professional Geoscientists of Ontario (“APGO”). He
has over 30 years of experience working on exploration and
underground and open-pit mine planning, scoping and feasibility
studies in Canada and abroad. Most recently, Mr. Kallio was Vice
President, Exploration (Timmins) for Tahoe Resources Inc. since
April 2016 and, prior to that, was Vice President, Exploration for
Lake Shore Gold Corp. Among other corporate assignments, Mr. Kallio
served in a variety of senior exploration and mine geology roles
with Placer Dome, Kinross Gold, Patricia Mining Corporation,
Centerra Gold and Detour Gold. He has also worked on a consulting
basis for a wide range of international mining companies and is a
former director of Holmer Gold Mines Limited.
Tony Makuch, President and CEO of Kirkland Lake
Gold, commented: “We are very pleased to welcome David and Eric to
Kirkland Lake Gold. They are both highly seasoned professionals
that we expect will make significant contributions to our progress
as we work to achieve our goal of a million ounces of annual gold
production. With their appointment, as well as the other changes
announced today, we are moving forward with a strong management
team, one that is focused on operational excellence and value
creation. I also want to extend a very special thanks to Tina and
Doug for their significant contributions to Kirkland Lake Gold. We
wish them all the best in their retirement and are pleased that we
will continue to benefit from their wisdom and experience on a
consulting basis.”
John Landmark, Pierre Rocque and Duncan King all
bring over 30 years’ experience to their new roles. John Landmark
joined Newmarket Gold Inc. in 2016 after a long career with Anglo
American plc, where he was Regional Exploration Head for a number
of countries, and also served in various corporate roles, including
in human resources. Pierre Rocque joined the Company in 2016 from
Hatch Ltd., where he served as Global Practice Director – Mining.
He is a mining engineer whose experience also includes serving as
Vice President Engineering for St Andrew Goldfields, Director
Technical Services at Lake Shore Gold, Chief Engineer at the Red
Lake, QR and Macassa mines and Manager, Mine Improvement Projects
and Chief Engineer-Geotechnical at the Olympic Dam mine in
Australia. Duncan King joined Kirkland Lake Gold in 2016 as Mine
Manager, Macassa Mine and, more recently, was General Manager,
Canadian Operations. Prior to joining the Company, he was Mine
Manager for the Bell Creek Mine in Timmins, Ontario.
About Kirkland Lake Gold
Ltd.
Kirkland Lake Gold Ltd. is a mid-tier gold
producer with 2018 production targeted at 655,000 – 670,000 ounces
of gold from mines in Canada and Australia. The production profile
of the Company is anchored by two high-grade, low-cost operations,
including the Macassa Mine located in Northeastern Ontario and the
Fosterville Mine located in the state of Victoria, Australia.
Kirkland Lake Gold's solid base of quality assets is complemented
by district-scale exploration potential, supported by a strong
financial position with extensive management and operational
expertise.
For further information on Kirkland Lake Gold
and to receive news releases by email, visit the website
www.klgold.com.
FOR FURTHER INFORMATION PLEASE CONTACT
Anthony Makuch, President, Chief Executive
Officer & DirectorPhone: +1 416-840-7884E-mail:
tmakuch@klgold.com
Mark Utting, Vice President, Investor
RelationsPhone: +1 416-840-7884E-mail: mutting@klgold.com
Kirkland Lake Gold (TSX:KL)
Historical Stock Chart
From Apr 2024 to May 2024
Kirkland Lake Gold (TSX:KL)
Historical Stock Chart
From May 2023 to May 2024