Havilah Mining Appoints Ron Clayton as President and CEO

Published: March 8, 2019 |

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Havilah Mining Corporation has appointed Ron Clayton as president and chief executive officer. Clayton replaces Blair Schultz, who stepped in and led the company since his appointment on June 29, 2018. Schultz will remain as the chairman of the board of directors.

“We are very pleased that Ron has accepted the role of President and CEO. His extensive experience in the gold sector and operational background will be of tremendous benefit, and his proven track record of developing projects and producing results will be invaluable as we advance the company’s corporate strategy,” said Blair Schultz, chair of the board of Havilah and current interim president and CEO.

“I am excited to be a part of what I envision to be a robust growth period for Havilah and look forward to leading the company through this transformational stage. From what I have seen, there are significant opportunities to expand the existing resources at Havilah, optimize current operations, and create value for our shareholders through a disciplined approach to both growth and productivity enhancement,” said Ron Clayton.

Ron Clayton has more than 38 years of experience in the mining industry. Over his career, he has successfully guided companies through the mining company life cycle, including advanced stage exploration, development, construction, and mining. He was recently the president, chief executive officer and director of Tahoe Resources, retiring on June 15, 2018. During Clayton’s tenure at Tahoe Resources, he oversaw the permitting, construction, and start-up of their core asset, the Escobal Mine in Guatemala, and was integral to their advancements in both Peru and Canada. Prior to joining Tahoe, he was senior vice president, operations, and the general manager of several underground mines for Hecla Mining Company. He also held the position of vice president, operations with Stillwater Mining Company and a number of engineering and operations management positions with Climax Molybdenum Company and Homestake Mining Company. Clayton earned his Bachelor of Science Degree in Mining Engineering from the Colorado School of Mines and is a graduate of the Tuck School of Business Executive Program at Dartmouth College.

Shaun Heinrichs, interim chief financial officer, will continue as the company’s chief financial officer. Heinrichs has been involved with the company since the spin out from Klondex Mines earlier in 2018, and has been a key part of the transition team since that time. Heinrichs has more than 20 years of experience, primarily in the mining industry, working mostly with Canadian and US publicly listed companies at various stages of development, including early stage exploration to underground producing mines.

About Havilah Mining Corporation
Havilah is a junior gold producer that owns the True North mine and mill complex currently processing historic tails. In addition to operating True North in Bissett, Manitoba, Havilah owns approximately 43,600 hectares of land surrounding the 40 hectare package that True North is located. Havilah believes their Rice Lake land package is a prime exploration opportunity to create a mining district with a central milling facility. Also, the company owns the Tully project in Timmins, Ontario. The company intends to focus on both organic growth opportunities and accretive acquisition opportunities in North America.

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