AuMEGA Metals Strengthens Leadership Team with Appointment of Mike Skead as President
AuMEGA Metals (OTCQB: AUMMF) has appointed Mike Skead as President, effective May 1, 2025. Skead, a globally recognized geologist, will report to Managing Director and CEO Sam Pazuki while leading the company's exploration strategy and team activities.
Skead's notable experience includes his recent role at GT Gold Corp., which was acquired by Newmont Corp. for C$400 million in 2021. His career spans leadership positions at major mining companies including Newmont, Goldcorp, Dundee Resources, and Ashanti Goldfields.
The appointment aims to strengthen AuMEGA's position in Newfoundland's mining district, particularly in the Cape Ray/Valentine Lake Shear Zone. The company currently benefits from strategic backing by B2Gold and institutional shareholders, controlling district-scale projects with significant mineral resources.
AuMEGA Metals (OTCQB: AUMMF) ha nominato Mike Skead come Presidente, a partire dal 1° maggio 2025. Skead, geologo di fama internazionale, riporterà al Managing Director e CEO Sam Pazuki, guidando la strategia di esplorazione e le attività del team aziendale.
La sua esperienza di rilievo include il recente ruolo presso GT Gold Corp., acquisita da Newmont Corp. per 400 milioni di dollari canadesi nel 2021. La sua carriera comprende posizioni di leadership in importanti società minerarie come Newmont, Goldcorp, Dundee Resources e Ashanti Goldfields.
La nomina punta a rafforzare la posizione di AuMEGA nel distretto minerario di Terranova, in particolare nella zona di faglia Cape Ray/Valentine Lake. Attualmente, l’azienda gode del supporto strategico di B2Gold e di investitori istituzionali, controllando progetti su scala distrettuale con risorse minerarie significative.
AuMEGA Metals (OTCQB: AUMMF) ha nombrado a Mike Skead como Presidente, con efecto desde el 1 de mayo de 2025. Skead, un geólogo reconocido mundialmente, reportará al Director General y CEO Sam Pazuki, liderando la estrategia de exploración y las actividades del equipo de la empresa.
Su experiencia destacada incluye su reciente rol en GT Gold Corp., que fue adquirida por Newmont Corp. por 400 millones de dólares canadienses en 2021. Su carrera abarca cargos de liderazgo en importantes compañías mineras como Newmont, Goldcorp, Dundee Resources y Ashanti Goldfields.
El nombramiento busca fortalecer la posición de AuMEGA en el distrito minero de Terranova, especialmente en la zona de falla Cape Ray/Valentine Lake. La empresa actualmente cuenta con el respaldo estratégico de B2Gold y accionistas institucionales, controlando proyectos a escala de distrito con recursos minerales significativos.
AuMEGA Metals (OTCQB: AUMMF)는 2025년 5월 1일부로 Mike Skead를 사장으로 임명했습니다. 전 세계적으로 인정받는 지질학자인 Skead는 경영 이사 겸 CEO인 Sam Pazuki에게 보고하며 회사의 탐사 전략과 팀 활동을 이끌 예정입니다.
Skead의 주요 경력으로는 2021년 Newmont Corp.가 4억 캐나다 달러에 인수한 GT Gold Corp.에서의 최근 역할이 포함됩니다. 그의 경력은 Newmont, Goldcorp, Dundee Resources, Ashanti Goldfields 등 주요 광산 회사에서의 리더십 직책을 아우릅니다.
이번 임명은 특히 Cape Ray/Valentine Lake 단층대가 위치한 뉴펀들랜드 광산 지구에서 AuMEGA의 입지를 강화하는 것을 목표로 합니다. 현재 회사는 B2Gold와 기관 투자자들의 전략적 지원을 받아 광범위한 규모의 프로젝트를 관리하며 상당한 광물 자원을 보유하고 있습니다.
AuMEGA Metals (OTCQB : AUMMF) a nommé Mike Skead président, à compter du 1er mai 2025. Géologue de renommée mondiale, Skead rapportera au directeur général et PDG Sam Pazuki, tout en dirigeant la stratégie d'exploration et les activités de l'équipe de l'entreprise.
Parmi ses expériences notables figure son récent poste chez GT Gold Corp., rachetée par Newmont Corp. pour 400 millions de dollars canadiens en 2021. Sa carrière comprend des postes de direction dans de grandes sociétés minières telles que Newmont, Goldcorp, Dundee Resources et Ashanti Goldfields.
Cette nomination vise à renforcer la position d’AuMEGA dans le district minier de Terre-Neuve, notamment dans la zone de cisaillement Cape Ray/Valentine Lake. La société bénéficie actuellement du soutien stratégique de B2Gold et d’actionnaires institutionnels, contrôlant des projets à l’échelle du district avec d’importantes ressources minérales.
AuMEGA Metals (OTCQB: AUMMF) hat Mike Skead zum Präsidenten ernannt, mit Wirkung zum 1. Mai 2025. Skead, ein weltweit anerkannter Geologe, wird an den Geschäftsführer und CEO Sam Pazuki berichten und die Explorationsstrategie sowie die Aktivitäten des Teams leiten.
Seine bemerkenswerte Erfahrung umfasst seine jüngste Position bei GT Gold Corp., die 2021 von Newmont Corp. für 400 Millionen kanadische Dollar übernommen wurde. Seine Karriere umfasst Führungspositionen bei großen Bergbauunternehmen wie Newmont, Goldcorp, Dundee Resources und Ashanti Goldfields.
Die Ernennung zielt darauf ab, die Position von AuMEGA im Bergbaudistrikt von Neufundland, insbesondere in der Cape Ray/Valentine Lake Scherzonen, zu stärken. Das Unternehmen profitiert derzeit von strategischer Unterstützung durch B2Gold und institutionelle Anteilseigner und kontrolliert großflächige Projekte mit bedeutenden Mineralressourcen.
- Appointment of globally recognized geologist with proven track record of discoveries
- New President's previous success includes C$400M acquisition deal at GT Gold Corp
- Executive's extensive experience with major mining companies (Newmont, Goldcorp)
- Strategic backing from B2Gold and institutional investors
- None.
Edmonton, Alberta--(Newsfile Corp. - April 23, 2025) - AuMEGA Metals Ltd (ASX: AAM) (TSXV: AUM) (OTCQB: AUMMF) ("AuMEGA" or "the Company") is pleased to announce the appointment of Mike Skead as President, effective 1 May 2025.
As President, Mr. Skead will serve as a senior executive reporting directly to the Managing Director and CEO. He will drive the Company's exploration strategy, lead the exploration team and be fully accountable for delivery all exploration activities designed to unlock further shareholder value.
AuMEGA Metal's Managing Director and CEO, Sam Pazuki commented:
"I am thrilled to welcome Mike as President of AuMEGA. Mike is a globally recognized geologist with an outstanding track record of discoveries and value creation. He recently played a pivotal role at GT Gold Corp., which Newmont Corp. acquired for nearly C
Incoming President, Mike Skead stated:
"I'm extremely excited to join AuMEGA, a company I've admired for its disciplined and strategic exploration approach. AuMEGA holds a strong mineral resource base and controls highly prospective, district-scale projects that I believe represent Canada's next major mining district. Supported by strategic investors like B2Gold and top-tier institutional shareholders, AuMEGA is uniquely positioned to capitalize on the increasing M&A activity in the prolific Cape Ray/Valentine Lake Shear Zone. I look forward to collaborating with Sam and the exceptional geology team to accelerate exploration success and deliver significant value to our shareholders."
About Mike Skead
Mike Skead brings over 30 years of international exploration and mining development expertise, holding key leadership positions at top global mining companies. Mr. Skead holds a BSc (Honours) in Geology from the University of Cape Town and an MSc in Exploration Geology from Rhodes University. He specializes in various deposit types, including orogenic lode gold, copper-gold porphyry, epithermal gold-silver, and sediment-hosted gold systems. Prior to joining AuMEGA, Mr. Skead served as Vice President of Project Development at GT Gold Corp., Director of Geoscience at Newmont Corp., and held senior roles at Goldcorp, Dundee Resources, Banro Corporation, Ashanti Goldfields, SAMAX Resources Ltd. and Genmin.
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This announcement has been authorised for release by the Company's Board of Directors.
To learn more about the Company, please visit www.aumegametals.com, or contact:
Sam Pazuki, Managing Director & CEO
Canada Phone: +1 780 665 4925
Australia Phone: +61 8 6117 0478
Email: info@aumegametals.com
About the Company
AuMEGA Metals Ltd (ASX: AAM | TSXV: AUM | OTCQB: AUMMF) is utilising best-in-class exploration to explore on its district scale land package that spans 110 kilometers along the Cape Ray Shear Zone, a significant under-explored geological feature recognised as Newfoundland, Canada's largest identified gold structure. This zone currently hosts Calibre Mining's Valentine Gold Project, which is the region's largest gold deposit (+5 million ounces), along with AuMEGA's expanding Mineral Resource.
The Company is supported by a diverse shareholder registry of prominent global institutional investors, and strategic investment from B2Gold Corp, a leading, multi-million-ounce a year gold producer.
Additionally, AuMEGA holds a 27-kilometre stretch of the highly prospective Hermitage Flexure and has also secured an Option Agreement for the Blue Cove Copper Project in southeastern Newfoundland, which exhibits strong potential for copper and other base metals.
AuMEGA's Cape Ray Shear Zone hosts several dozen high potential targets along with its existing defined gold Mineral Resource of 6.1 million tonnes of ore grading an average of 2.25 g/t, totaling 450,000 ounces of Indicated Resources, and 3.4 million tonnes of ore grading an average of 1.44 g/t, totaling 160,000 ounces in Inferred Resources1.
AuMEGA acknowledges the financial support of the Junior Exploration Assistance Program, Department of Industry, Energy and Technology, Provincial Government of Newfoundland and Labrador, Canada.
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[1] ASX Announcement 30 May 2023
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/249455
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