Excelsior Mining Announces Hudbay Executive Craig Hallworth to Become Chief Financial Officer
Excelsior Mining (TSX: MIN) (OTCQB: EXMGF) has appointed Craig Hallworth as Chief Financial Officer, effective September 3, 2024. Hallworth, currently CFO of Hudbay Minerals' Arizona Business Unit, brings 13 years of finance leadership experience, including his recent role in developing the Copper World Project. He replaces Danny Heatherson, who served as Interim CFO and will continue as Corporate Controller.
Hallworth's appointment comes at a important time for Excelsior, as the company progresses towards commercial production at Johnson Camp and evaluates opportunities at the Gunnison Project. His expertise in mega-projects and financial optimization is expected to be valuable for Excelsior's plans.
Excelsior Mining (TSX: MIN) (OTCQB: EXMGF) ha nominato Craig Hallworth come Chief Financial Officer, a partire dal 3 settembre 2024. Hallworth, attualmente CFO dell'unità aziendale Arizona di Hudbay Minerals, porta con sé 13 anni di esperienza nella leadership finanziaria, inclusa la sua recente posizione nello sviluppo del Copper World Project. Sostituisce Danny Heatherson, che ha svolto il ruolo di CFO ad interim e continuerà come Corporate Controller.
La nomina di Hallworth avviene in un momento importante per Excelsior, mentre l'azienda progredisce verso la produzione commerciale al Johnson Camp e valuta opportunità nel Gunnison Project. Si prevede che la sua esperienza in mega-progetti e ottimizzazione finanziaria sarà preziosa per i piani di Excelsior.
Excelsior Mining (TSX: MIN) (OTCQB: EXMGF) ha nombrado a Craig Hallworth como Director Financiero, a partir del 3 de septiembre de 2024. Hallworth, actualmente CFO de la Unidad de Negocios de Arizona de Hudbay Minerals, aporta 13 años de experiencia en liderazgo financiero, incluido su papel reciente en el desarrollo del Copper World Project. Reemplaza a Danny Heatherson, quien fue CFO interino y continuará como Controlador Corporativo.
La nombramiento de Hallworth llega en un momento importante para Excelsior, ya que la empresa avanza hacia la producción comercial en Johnson Camp y evalúa oportunidades en el Gunnison Project. Se espera que su experiencia en mega-proyectos y optimización financiera sea valiosa para los planes de Excelsior.
엑셀시어 광업 (TSX: MIN) (OTCQB: EXMGF)는 크레이그 홀워스를 최고 재무 책임자로 임명했습니다. 임기는 2024년 9월 3일부터 시작됩니다. 홀워스는 현재 허드베이 미네랄스 애리조나 사업부의 CFO로 재직 중이며, 구리 세계 프로젝트 개발과 관련하여 13년의 재무 리더십 경험을 가지고 있습니다. 그는 이전 CFO 대행이었던 대니 히더슨을 대신하여 Corporate Controller로 남게 됩니다.
홀워스의 임명은 엑셀시어에게 중요한 시점에서 이루어졌으며, 해당 회사는 존슨 캠프에서 상업 생산을 진행하고 건니슨 프로젝트의 기회를 평가하고 있습니다. 그의 메가 프로젝트 및 재무 최적화에 대한 전문 지식은 엑셀시어의 계획에 매우 귀중할 것으로 예상됩니다.
Excelsior Mining (TSX: MIN) (OTCQB: EXMGF) a nommé Craig Hallworth au poste de directeur financier, à compter du 3 septembre 2024. Hallworth, actuellement CFO de l'unité commerciale d'Arizona de Hudbay Minerals, apporte 13 ans d'expérience en leadership financier, y compris son rôle récent dans le développement du Copper World Project. Il remplace Danny Heatherson, qui a exercé les fonctions de CFO intérimaire et continuera en tant que contrôleur d'entreprise.
La nomination de Hallworth intervient à un moment important pour Excelsior, alors que l'entreprise progresse vers la production commerciale au Johnson Camp et évalue les opportunités dans le projet Gunnison. Son expertise en méga-projets et en optimisation financière devrait être précieuse pour les projets d'Excelsior.
Excelsior Mining (TSX: MIN) (OTCQB: EXMGF) hat Craig Hallworth zum Chief Financial Officer ernannt, mit Wirkung vom 3. September 2024. Hallworth, der derzeit CFO der Arizona-Geschäftseinheit von Hudbay Minerals ist, bringt 13 Jahre Erfahrung in der finanziellen Führung mit, einschließlich seiner jüngsten Rolle bei der Entwicklung des Copper World Project. Er ersetzt Danny Heatherson, der als Interim CFO diente und weiterhin als Corporate Controller tätig sein wird.
Hallworths Ernennung erfolgt zu einem wichtigen Zeitpunkt für Excelsior, da das Unternehmen auf die kommerzielle Produktion im Johnson Camp hinarbeitet und Möglichkeiten im Gunnison-Projekt evaluiert. Seine Expertise in Megaprojekten und finanzieller Optimierung wird für die Pläne von Excelsior als wertvoll angesehen.
- Appointment of experienced CFO with expertise in large-scale copper projects
- Progress towards commercial production at Johnson Camp
- Ongoing evaluation of well stimulation and open pit mining opportunities at Gunnison Project
- None.
Phoenix, Arizona--(Newsfile Corp. - August 1, 2024) - Excelsior Mining Corp. (TSX: MIN) (OTCQB: EXMGF) (FSE: 3XS) ("Excelsior" or the "Company") is pleased to announce the appointment of Mr. Craig Hallworth as Chief Financial Officer ("CFO") effective September 3, 2024.
Mr. Hallworth is currently the Chief Financial Officer, Arizona Business Unit at Hudbay Minerals where he has held various finance leadership roles over the past 13 years. Recently, he led the development and optimization of all financial aspects of the Copper World Project, a re-designed mega-project with over one billion tons of copper resources. Prior to joining Hudbay Mr. Hallworth was a manager with Ernst & Young LLP. Mr. Hallworth is a CPA accountant and CFA Charterholder and he obtained an Honors Bachelor of Commerce from Ryerson University.
Stephen Twyerould, President & Chief Financial Officer of Excelsior commented: "I am very excited that Craig has agreed to join the Excelsior team. He is joining at a critical time for Excelsior as Johnson Camp moves towards commercial production as part of the Nuton stage 2 work program and Excelsior continues to evaluate well stimulation and open pit mining opportunities at the Gunnison Project. Craig's experience with Copper World will be a huge asset to Excelsior plans."
Mr. Hallworth will replace Danny Heatherson who had served as the Company's Interim CFO. The Company thanks Mr. Heatherson for his valuable contributions during the search for a new full-time CFO and welcomes Mr. Heatherson in his continued role as Corporate Controller.
ABOUT EXCELSIOR MINING
Excelsior "The Copper Solution Company" is a mineral exploration and production company that owns and operates the Gunnison Copper Project in Cochise County, Arizona. The project is a low cost, environmentally friendly in-situ recovery copper extraction project that is permitted to 125 million pounds per year of copper cathode production. Excelsior also owns the past producing Johnson Camp Mine, which with Nuton LLC, a Rio Tinto Venture is in Stage 2 of a process to restart the mine using Nuton technologies, with first copper expected to be produced in 2025. Excelsior additionally owns a portfolio of exploration projects, including the Peabody Sill and the Strong and Harris deposits.
For more information on Excelsior, please visit our website at www.excelsiormining.com.
For further information regarding this press release, please contact:
Excelsior Mining Corp.
Concord Place, Suite 300, 2999 North 44th Street, Phoenix, AZ, 85018.
Shawn Westcott
T: 604.365.6681
E: info@excelsiormining.com
www.excelsiormining.com
Cautionary Note Regarding Forward-Looking Information
This news release contains "forward-looking information" concerning anticipated developments and events that may occur in the future. Forward looking information contained in this news release includes, but is not limited to, statements with respect to: (i) the potential of well stimulation to improve performance of the Company's mineral projects; (ii) the intention to deploy the Nuton® technology at the Johnson Camp mine and future production therefrom; (iii) the details and expected results of the stage two work program; and (iv) future production and production capacity from the Company's mineral projects.
In certain cases, forward-looking information can be identified by the use of words such as "plans", "expects" or "does not expect", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might", "occur" or "be achieved" suggesting future outcomes, or other expectations, beliefs, plans, objectives, assumptions, intentions or statements about future events or performance. Forward-looking information contained in this news release is based on certain factors and assumptions regarding, among other things, the amended permit will not be appealed, work plans will be approved in a timely manner, the availability of financing to continue as a going concern and implement the Company's operational plans, the estimation of mineral resources and mineral reserves, the realization of resource and reserve estimates, expectations and anticipated impact of the COVID-19 outbreak, copper and other metal prices, the timing and amount of future development expenditures, the estimation of initial and sustaining capital requirements, the estimation of labour and operating costs (including the price of acid), the availability of labour, material and acid supply, receipt of and compliance with necessary regulatory approvals and permits, the estimation of insurance coverage, and assumptions with respect to currency fluctuations, environmental risks, title disputes or claims, and other similar matters. While the Company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect.
Forward looking information 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 the forward-looking information. Such factors include risks related to the Company not obtaining adequate financing to continue operations, the breach of debt covenants, risks inherent in the construction and operation of mineral deposits, including risks relating to changes in project parameters as plans continue to be redefined including the possibility that mining operations may not be sustained at the Gunnison Copper Project, risks related to the delay in approval of work plans, variations in mineral resources and reserves, grade or recovery rates, risks relating to the ability to access infrastructure, risks relating to changes in copper and other commodity prices and the worldwide demand for and supply of copper and related products, risks related to increased competition in the market for copper and related products, risks related to current global financial conditions, risks related to current global financial conditions and the impact of any resurgence of COVID-19 on the Company's business, uncertainties inherent in the estimation of mineral resources, access and supply risks, risks related to the ability to access acid supply on commercially reasonable terms, reliance on key personnel, operational risks inherent in the conduct of mining activities, including the risk of accidents, labour disputes, increases in capital and operating costs and the risk of delays or increased costs that might be encountered during the construction or mining process, regulatory risks including the risk that permits may not be obtained in a timely fashion or at all, financing, capitalization and liquidity risks, risks related to disputes concerning property titles and interests, environmental risks and the additional risks identified in the "Risk Factors" section of the Company's reports and filings with applicable Canadian securities regulators.
Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking information. The forward-looking information is made as of the date of this news release. Except as required by applicable securities laws, the Company does not undertake any obligation to publicly update or revise any forward-looking information.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/218313
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