LEGEND
Ray Threlkeld
Job Title : Director Company : Calibre Mining / Kirkland Lake Gold / Northern Vertex
Discovering and developing world-class assets has been the driving force behind a glittering career in mining across more than four decades for Mining Hall of Fame alumni Ray Threlkeld , who holds a BSc in Geology from the University of Nevada .
Offering technical expertise with reserve estimates and feasibility studies , construction and operations management experience , and as the President , CEO and Chairman of public companies , Threlkeld has been involved in the acquisition of more than US $ 1bn in assets , managed an estimated US $ 1.4bn in construction spending , and created billions in shareholder value .
Currently , Threlkeld is a Director of Calibre Mining . He was recently Chairman of Newmarket Gold and became a director of Kirkland Lake Gold upon the sale of Newmarket to Kirkland for US $ 1bn . In addition , Threlkeld was a Director of Northern Empire , which was sold to Coeur Mining in 2018 for US $ 90mn .
Threlkeld was President and CEO of Rainy River Resources , leading the team that completed permitting and feasibility studies , increasing gold resources to over six million
Born
1946
40
years experience as a technical expert leading teams from exploration to operations
Involved in the acquisition of over
$ 1bn worth of assets ounces at the Rainy River deposit in Ontario . New Gold purchased Rainy River for US $ 310mn in 2013 . From 2006 to 2009 , Threlkeld led the Western Goldfields team that commissioned the Mesquite Gold Mine in California on time and on budget , resulting in a massive increase in the company ’ s market capitalisation from US $ 12mn to more than US $ 300mn .
From 1996 to 2004 , he held a variety of senior executive positions with Barrick Gold , rising to the position of Vice President , Project Development . Responsible for seven world-class gold projects , among his accomplishments were the Pierina Mine in Peru , Bulyanhulu Mine in Tanzania , Veladero Mine in Argentina , Lagunas Norte Mine in Peru and the Cowel Mine in Australia . Threlkeld introduced social and sustainability initiatives for Pierina and Bulyanhulu that involved agricultural development , company sponsored employee housing , schools , health clinics , and scholarship funding for all children of employees . His team ' s US $ 50mn reclamation work at El Indio mine in Chile set reclamation standards in South America .
" Ray is a recognised leader in our industry ,” noted Northern Vertex Chairman Douglas J . Hurst . " He has a proven track record of technical and business successes that has continually created value for shareholders .”
Northern Vertex President , Michael G . Allen added , " Ray ' s experience is second to none . All of us at Northern Vertex are extremely proud to have him join the Board of Directors as we advance the Moss Mine and Hercules Gold Project .”
18 July 2021