Orbec Appoints Mr. John Tait as CEO and Announces Changes to its Board of Directors
Mines D'Or Orbec (TSXV: BLUE) has announced significant leadership changes effective February 27, 2025. John Tait has been appointed as the new CEO and Director, bringing over 25 years of mining exploration experience. Tait's notable achievement includes his role as President of Southern Star Resources Inc., which was later sold to Goldcorp Inc. for C$1.5 billion in 2008.
The current CEO and Director, Dorian L. (Dusty) Nicol, will step down but continue as an advisor, contributing his geological expertise to the company's Muus property development. This property is strategically located adjacent to IAMGOLD 's Nelligan gold deposit, which currently holds 8.3 million oz of gold with potential for growth.
Mines D'Or Orbec (TSXV: BLUE) ha annunciato significativi cambiamenti nella leadership a partire dal 27 febbraio 2025. John Tait è stato nominato nuovo CEO e Direttore, portando con sé oltre 25 anni di esperienza nell'esplorazione mineraria. Un risultato notevole di Tait include il suo ruolo come Presidente di Southern Star Resources Inc., che è stata successivamente venduta a Goldcorp Inc. per 1,5 miliardi di dollari canadesi nel 2008.
L'attuale CEO e Direttore, Dorian L. (Dusty) Nicol, si dimetterà ma continuerà come consulente, contribuendo con la sua esperienza geologica allo sviluppo della proprietà Muus dell'azienda. Questa proprietà è strategicamente situata adiacente al giacimento d'oro Nelligan di IAMGOLD, che attualmente detiene 8,3 milioni di once d'oro con potenziale di crescita.
Mines D'Or Orbec (TSXV: BLUE) ha anunciado cambios significativos en el liderazgo a partir del 27 de febrero de 2025. John Tait ha sido nombrado nuevo CEO y Director, aportando más de 25 años de experiencia en exploración minera. Un logro notable de Tait incluye su papel como Presidente de Southern Star Resources Inc., que fue vendida a Goldcorp Inc. por 1.5 mil millones de dólares canadienses en 2008.
El actual CEO y Director, Dorian L. (Dusty) Nicol, renunciará pero continuará como asesor, contribuyendo con su experiencia geológica al desarrollo de la propiedad Muus de la empresa. Esta propiedad está estratégicamente ubicada junto al depósito de oro Nelligan de IAMGOLD, que actualmente posee 8.3 millones de onzas de oro con potencial de crecimiento.
미네스 도르 오르벡 (TSXV: BLUE)는 2025년 2월 27일부터 시행되는 중요한 리더십 변화를 발표했습니다. 존 테이트가 새로운 CEO 겸 이사로 임명되어 25년 이상의 광물 탐사 경험을 가지고 있습니다. 테이트의 주목할 만한 업적 중 하나는 Southern Star Resources Inc.의 사장으로서의 역할로, 이 회사는 2008년에 Goldcorp Inc.에 15억 캐나다 달러에 매각되었습니다.
현재 CEO이자 이사인 도리안 L. (더스티) 니콜은 사임하지만 자문 역할을 계속하며 회사의 무스 자산 개발에 지질학적 전문성을 기여할 것입니다. 이 자산은 IAMGOLD의 넬리건 금 매장지와 인접해 전략적으로 위치해 있으며, 현재 830만 온스의 금을 보유하고 있으며 성장 가능성이 있습니다.
Mines D'Or Orbec (TSXV: BLUE) a annoncé des changements significatifs de direction à compter du 27 février 2025. John Tait a été nommé nouveau PDG et Directeur, apportant plus de 25 ans d'expérience en exploration minière. Un des accomplissements notables de Tait est son rôle en tant que Président de Southern Star Resources Inc., qui a ensuite été vendue à Goldcorp Inc. pour 1,5 milliard de dollars canadiens en 2008.
L'actuel PDG et Directeur, Dorian L. (Dusty) Nicol, démissionnera mais continuera en tant que conseiller, apportant son expertise géologique au développement de la propriété Muus de l'entreprise. Cette propriété est stratégiquement située à côté du gisement d'or Nelligan d'IAMGOLD, qui détient actuellement 8,3 millions d'onces d'or avec un potentiel de croissance.
Mines D'Or Orbec (TSXV: BLUE) hat bedeutende Führungswechsel bekannt gegeben, die am 27. Februar 2025 wirksam werden. John Tait wurde zum neuen CEO und Direktor ernannt und bringt über 25 Jahre Erfahrung in der Bergbauerforschung mit. Ein bemerkenswerter Erfolg von Tait ist seine Rolle als Präsident von Southern Star Resources Inc., das 2008 für 1,5 Milliarden CAD an Goldcorp Inc. verkauft wurde.
Der derzeitige CEO und Direktor, Dorian L. (Dusty) Nicol, wird zurücktreten, aber weiterhin als Berater tätig sein und sein geologisches Fachwissen in die Entwicklung der Muus-Liegenschaft des Unternehmens einbringen. Diese Liegenschaft liegt strategisch neben dem Nelligan-Goldvorkommen von IAMGOLD, das derzeit 8,3 Millionen Unzen Gold mit Wachstumspotenzial enthält.
- New CEO brings 25+ years of mining exploration experience
- CEO's track record includes C$1.5B company sale to Goldcorp
- Former CEO remains as advisor maintaining geological expertise continuity
- Strategic property location next to 8.3M oz gold deposit
- Leadership transition may cause temporary operational adjustments
Toronto, Ontario--(Newsfile Corp. - February 27, 2025) - Mines D'Or Orbec Inc. (TSXV: BLUE) (the "Company") has several announcements to share. On behalf of the Board of Directors (the "Board"), Mr. Chad Williams -- Chairman, wishes to welcome Mr. John Tait as the Company's new Chief Executive Officer ("CEO") and Director effective February 27, 2025. Mr. Tait has been involved in mining exploration for over 25 years, highlighted by his tenure as President of Southern Star Resources Inc. (which became Gold Eagle Mines Limited that was sold to Goldcorp Inc. in 2008 for roughly C
Concurrently, the Board announces that Mr. Dorian L. (Dusty) Nicol has decided to step down from his position as CEO and Director of the Company effective February 27, 2025. He will continue to serve as an advisor where his vast geological knowledge will be leveraged. Mr. Nicol's expertise will help identify what the Company believes will be a sizeable gold deposit at the
Mr. Williams commented, "We are very happy to welcome John as the new Orbec CEO. His significant experience and network in the mining industry will undoubtedly greatly benefit our shareholders. On behalf of the Board, I extend our gratitude to Dusty for his valuable contributions during his tenure as CEO of Orbec."
About Orbec
Orbec is a gold company that owns
ON BEHALF OF THE BOARD
Chad Williams, Chairman
For more information, please visit our website www.orbec.ca or contact Mr. Chad Williams, info@orbec.ca.
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This news release contains "forward-looking information" within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates, projections, and interpretations as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, interpretations, beliefs, plans, projections, objectives, assumptions, future events or performance including in respect of the size and use of proceeds of the Offering, the timing and ability of the to close the Offering, including obtaining approval of the Offering from the TSX Venture Exchange, if at all (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. This forward-looking information is based on reasonable assumptions and estimates of management of the Company, at the time it was made, involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Although the forward-looking information contained in this news release is based upon what management believes, or believed at the time, to be reasonable assumptions, the parties cannot assure shareholders and prospective purchasers of securities that actual results will be consistent with such forward-looking information, as there may be other factors that cause results not to be as anticipated, estimated or intended, and neither the Company nor any other person assumes responsibility for the accuracy and completeness of any such forward-looking information. The Company does not undertake, and assumes no obligation, to update or revise any such forward-looking statements or forward-looking information contained herein to reflect new events or circumstances, except as may be required by law.
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FAQ
Who is the new CEO of Mines D'Or Orbec (BLTMF) as of February 2025?
What is John Tait's background and experience before joining BLTMF?
What role will former BLTMF CEO Dorian Nicol maintain with the company?
What is the strategic significance of BLTMF's Muus property?
