Blackrock Gold Appoints Mining Veteran William Howald as Executive Chairman
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Blackrock Gold Corp announced Tuesday the appointment of veteran mining executive and entrepreneur William Howald as executive chairman of the board.
Howald founded several public companies, led exploration for a major gold-mining company and raised approximately $300 million in project financing for properties in Argentina, Brazil, Chile, Peru, Dominican Republic and Nevada in his career, the company said.
“Attracting someone of Bill’s calibre represents a huge vote of confidence in our Silver Cloud Project,” said Blackrock CEO Andrew Pollard in a statement. Pollard pointed to Howald’s wide range of relevant experiences, from leading the exploration function at a major gold miner to the founding and subsequent merger of a junior Nevada gold producer.
Most recently, Howald led the acquisition and build-out of the Florida Canyon mine in Nevada, and previously oversaw the last drill campaign at Silver Cloud for Placer Dome Inc, which established the presence of multiple high-grade intercepts throughout the property.
“We’re excited to see him pick up where he left off with the project, ultimately directing the first systematic exploration program and drill campaign on the property in nearly two decades,” Pollard said.
“It’s amazing that a project of this quality with multiple high-grade gold drill intercepts in Nevada is undeveloped,” said Howald. “Silver Cloud is located in an extraordinarily productive part of north-central Nevada along the Northern Nevada Rift.”
Howald replaces Catalin Kilofliski, who is stepping down as executive chairman.
Blackrock has granted 500,000 incentive stock options to Howald, which may be exercised at a price of $0.05 per share for a term of five years.
Source: Proactive Investors
About Blackrock Gold
Blackrock Gold Corp. is a discovery driven junior exploration company focused on uncovering the next big economic gold deposit. Anchored by a seasoned Board, the Company is focused on blue-sky opportunities, with an aim to acquiring large-scale, packages of land that are in prolific gold belts within stable jurisdictions.
The flagship Silver Cloud project is a 4500+ hectare property on the convergence of the Carlin Trend and Northern Nevada Rift, the richest gold mining area in North America.
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