New Gold Announces the Appointment of Patrick Godin as Chief Operating Officer

Rhea-AI Summary

New Gold Inc. (TSX: NGD, NYSE American: NGD) has appointed Patrick Godin as Executive Vice President and Chief Operating Officer, effective May 2, 2022. Godin, with over 30 years of experience in the mining sector, previously served as COO at Pretium Resources, where he managed the Brucejack Mine. His background also includes leadership roles at Stornoway Diamond Corp., overseeing the construction of Quebec's first diamond mine. President & CEO Renaud Adams noted Godin's extensive expertise will be crucial for advancing operations at the Rainy River and New Afton mines.

Positive

• Patrick Godin brings over 30 years of mining experience, which can enhance operational excellence.
• Godin's prior leadership at Pretium Resources and Stornoway Diamond Corp. indicates strong industry acumen.

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• None.

TORONTO, March 28, 2022 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American: NGD) is pleased to announce the appointment of Patrick Godin as Executive Vice President and Chief Operating Officer, effective May 2, 2022. Patrick brings with him more than 30 years of technical and operations experience in the mining industry.

Most recently, Patrick was Vice President and Chief Operating Officer of Pretium Resources Inc. ("Pretivm") until the sale of the company to Newcrest Mining Ltd. earlier this month. During his time at Pretivm, Patrick was responsible for the operations of the Brucejack Mine. Prior to Pretivm, Patrick was the President and Chief Executive Officer of Stornoway Diamond Corporation ("Stornoway") from 2019 to 2020 and Chief Operating Officer and Vice President from 2010 to 2018. At Stornoway, Patrick was responsible for the construction and the operations of the Renard Diamond Mine, Quebec's first diamond mine. His past experience also includes Vice President, Project Development for G Mining Services, where he focused on the development of mining projects in the Americas and West Africa.

"I am very pleased to have Patrick joining our team as he brings an impressive record of operational excellence and commitment to safety", stated Renaud Adams, President & CEO. "His extensive technical and underground mining experience, particularly in Canada as both a mine operator and mine builder, will be invaluable to the Company as we continue to advance underground development at Rainy River and C-Zone development at New Afton."

About New Gold

New Gold is a Canadian-focused intermediate mining Company with a portfolio of two core producing assets in Canada, the Rainy River gold mine and the New Afton copper-gold mine. The Company also holds a 5% equity stake in Artemis Gold Inc. and other Canadian-focused investments. New Gold's vision is to build a leading diversified intermediate gold company based in Canada that is committed to the environment and social responsibility. For further information on the Company, visit www.newgold.com.

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SOURCE New Gold Inc.

FAQ

Who is Patrick Godin in relation to New Gold?

Patrick Godin has been appointed as Executive Vice President and Chief Operating Officer of New Gold, effective May 2, 2022.

What experience does Patrick Godin bring to New Gold?

Patrick Godin brings over 30 years of technical and operational experience in the mining industry, including leadership roles at Pretium Resources and Stornoway Diamond Corp.

What impact might Patrick Godin's appointment have on New Gold's operations?

Godin's extensive experience is expected to enhance operational efficiency and safety at New Gold's mining projects, particularly at the Rainy River and New Afton mines.

When did Patrick Godin start his role at New Gold?

Patrick Godin's role as Executive Vice President and Chief Operating Officer at New Gold starts on May 2, 2022.