Published: August 23, 2024 |

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Fremont Gold Ltd. has appointed Joel Sutherland as chief executive officer and a director.

Sutherland succeeds Dennis Moore as CEO, who will continue as president and a director of Fremont. Moore will concentrate on advancing Fremont’s promising portfolio of Armenian copper and gold projects, identifying new business opportunities, and supporting ongoing marketing efforts.

“As a founder of Fremont and its largest shareholder, I have full confidence in Joel’s ability to lead the company. His extensive capital market experience and management skills are exactly what Fremont needs to reach the next level. As CEO, Joel will focus on building Fremont’s brand among key stakeholders, securing the necessary financing for exploration success, and managing the company’s daily operations,” said Fremont President Dennis Moore.

“This will allow me to dedicate more time to resource discovery, project development, and identifying new business opportunities. Joel’s expertise is a perfect complement to my own skills as a mine finder,” added Moore.

Joel Sutherland brings more than 20 years of extensive experience in capital markets, having excelled as an equity research analyst and in institutional sales at prominent firms including Merrill Lynch in Toronto and New York City, BMO Capital Markets, and CIBC World Markets. He has been recognized for his outstanding performance, notably being ranked as the top salesperson for Canadian equities across multiple Boston-based accounts over several years. In recent years, Sutherland has also played pivotal roles in corporate development and communications for various companies, with a focus on leading successful financing initiatives. A chartered financial analyst and a member of the Chartered Professional Accountants of Ontario, Sutherland holds a Bachelor’s degree in Finance from Queen’s University (1994) and completed a Commerce program with an accounting specialization at McGill University (1995).

“Dennis has assembled a portfolio with tremendous potential for creating shareholder value. Having worked with Fremont for over a year as an advisor on corporate markets and finance matters, I am thrilled to officially join the team. With a portfolio of prospective tier-one copper and gold projects in one of the world’s most promising mineral belts, combined with a highly skilled team of local geologists, technicians, and legal advisors, as well as strong community support in Armenia, the company is well-positioned to achieve its goals,” said Joel Sutherland.

“I look forward to collaborating closely with Dennis and the Fremont team to unlock the significant shareholder value embedded within our asset portfolio,” added Sutherland.

Fremont Gold’s management team has assembled a portfolio of high-quality copper-gold projects within the central Tethyan Belt of Armenia, with the intention of making tier one size discoveries. The company’s portfolio includes the Vardenis copper-gold property in central Armenia and the Urasar District gold project in northern Armenia. Fremont continues to evaluate additional opportunities within this highly prospective mineral belt.

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