Karus Mining Appoints Chris Donaldson as Chief Executive Officer and Director
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Karus Mining has appointed Chris Donaldson as chief executive officer. Chris Donaldson succeeds interim CEO, Andrew Kaip who will step down as interim CEO and continue to serve as a director of the company.
“I am excited to hand off leadership of Karus to Chris Donaldon. The drill is turning at FG Gold with results pending, and the company is well positioned for its next phase of grown. I have followed Chris’ career for many years, and I have full confidence that Karus in in strong hands,” said Andrew Kaip, outgoing interim CEO.
Chris Donaldson brings 30 years of experience in managing, marketing and raising capital including more than 20 years in mining and exploration. Donaldson has deep experience in western Canada as a past CEO of Vizsla Copper, as well as eight years with Western Copper and Gold and Casino Mining Corporation. Most recently Donaldson was CEO and a director of Valkea Resources.
“I am thrilled to join the Karus team and lead the company as we advance what I believe is a highly compelling gold exploration portfolio. Karus has a strong foundation, with two high-grade gold assets located in emerging districts, a solid treasury, and significant exploration upside. With an active drilling program underway at FG Gold and results pending, we are entering an exciting period of discovery and value creation,” said Chris Donaldson, CEO and director.
“I look forward to building on the strong foundation established by Andrew Kaip and working with the team to unlock the full potential of these assets and position Karus for its next stage of growth,” added Donaldson.
“On behalf of the board of directors we would like to welcome Chris to the Karus team and thank Andrew Kaip for his invaluable leadership and contributions to Karus, including commencement of drilling at the FG Gold project, listing the company’s shares on the Canadian Securities Exchange, and being instrumental in the search for a permanent CEO,” said Tony Cina, board chair.
Karus Mining is a British Columbia-focused gold exploration company advancing a portfolio of district-scale gold assets in two of the province’s most prospective mineral belts. The company’s strategy is to create long-term shareholder value through the systematic exploration, resource growth and new gold discoveries. Karus is the 100 percent owner of FG Gold and Gold Creek projects. The company also owns the high-grade Mineral Creek Gold Project, located approximately 12 kilometers southeast of Port Alberni on Vancouver Island.
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