Directors

Darren Morcombe

Executive Chairman

Mr. Morcombe joined the Board of Directors in mid-2010 and was appointed Chairman shortly thereafter. Mr. Morcombe has more than 20 years of international experience in a variety of roles in in the natural resource sector. This includes over 10 years in senior roles with Normandy Mining and Newmont Mining Corporation in the areas of financing, treasury, mergers and acquisitions.

Mr. Morcombe is the founder of Springtide Capital Pty. Ltd., a private investment company specializing in micro-cap listed companies, venture capital and resource-oriented companies. He was Chairman and a major shareholder of European Gold Refineries SA, Europe’s largest gold refinery, and Director of AGR Matthey, one of the world’s largest gold refineries. He retired from this position in 2008 and these businesses are now owned by Newmont Mining Corporation. Mr. Morcombe is a major shareholder of several public companies.

Committees: Audit & Risk, Governance & Corporate Compensation


Patrick Soares, P.Geo.

President, CEO, & Director

Mr. Soares was appointed President and CEO of Foran Mining Corporation and a member of the Board of Directors in November, 2010. Mr. Soares served as the President and CEO of Brett Resources Inc. from late 2007 until its acquisition by Osisko Mining Corp. in May, 2010. During his tenure as President and CEO of Brett Resources, the market capitalization of the company increased from $60M to approximately $370M.

Mr. Soares holds a B.Sc. (Hons.) from the University of British Columbia and is a Professional Geoscientist with APEGBC. Mr. Soares began his professional career in 1983 as an exploration and mine geologist in northern Canada. Subsequently, he worked in the field of investor relations and corporate development, and held positions with Sutton Resources Ltd. (acquired by Barrick Gold in 1999), EuroZinc Mining Corp. (now part of Lundin Mining Corporation) and Aurizon Mines Ltd. Mr. Soares was the Chairman of SnipGold Corp. (acquired by Seabridge Gold in June 2016).


Sharon Dowdall, B.A. (Hons.), LL.B.

Director

Ms. Dowdall joined the Board of Directors in 2011 and has over 30 years’ experience in the legal field, including experience as a practicing lawyer and as a senior executive in the resource sector.

Ms. Dowdall is a consultant to Franco-Nevada, working on Special Projects. Previously, she was Chief Legal Officer and Corporate Secretary of Franco-Nevada Corporation, and prior to the IPO of Franco-Nevada, Ms. Dowdall had a 20 year association with the royalty portfolio assets of Franco-Nevada, including serving as an Officer of Newmont Capital from 2002 to 2007.

Ms. Dowdall holds a B.A. (Hons.) from the University of Calgary and an LL.B, from Osgoode Hall at York University. Ms. Dowdall was the recipient of the 2011 Canadian General Counsel Award for Business Achievement and currently sits on the Boards of NovaGold Resources Inc. and Olivut Resources Ltd.

Committees: Governance & Corporate Compensation (Chair), Audit & Risk, Environmental, Health & Safety


Maurice Tagami, BASc., P.Eng.

Director

Mr. Tagami joined the Board of Directors in 2011 and has over 30 years’ experience in mining development and operations. Mr. Tagami holds a degree in Metallurgical Engineering from the University of British Columbia and is a Professional Engineer with APEGBC. During his career, has played a significant role in the metallurgical and project management of numerous open pit, underground and heap leach projects worldwide.

Mr. Tagami is the Vice President, Mining Operations at TSX-listed Wheaton Precious Metals, the largest metals streaming company in the world. Previously, he held the positions of President and CEO, with Keegan Resources Inc. and Senior Project Manager (Onca Puma Project) with Canico Resource Corp. (acquired by CVRD in 2005). Mr. Tagami served on the Board of Brett Resources Inc. (acquired by Osisko Mining Corp. in 2010) and currently sits on the Board of Northair Silver Corp.

Committees: Environmental Health & Safety (Chair), Audit & Risk, Governance & Corporate Compensation


David M. Petroff, B.Math., MBA

Director

Mr. Petroff joined the Board of Directors in 2012 and has over 30 years’ experience in the mining and investment industry, including holding senior management and financial positions with several prominent, publicly-traded mining companies and working in Investment Banking with a major Canadian investment dealer.

Mr. Petroff was previously President, CEO and Director of Jaguar Mining Inc. From early 2009 until its acquisition by Nyrstar NV in mid-2011, he held the role of President, CEO, and Director of zinc producer Breakwater Resources Ltd. Mr. Petroff, who holds a B. Math from the University of Waterloo and an MBA from the Schulich School of Business, also sits on the Board of St Andrew Goldfields Ltd. and Pancontinental Uranium Corporation.

Committees: Audit & Risk (Chair), Environmental, Health & Safety, Governance & Corporate Compensation


Page Last Updated: Dec 16, 2015