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Kaminak adds Novagold VP Williams to board

 

Last updated 11/22/2015 at Noon



Kaminak Gold Corp. Nov. 16 reported the appointment of Richard Williams to its board of directors.

Williams, who has more than 30 years of global mining experience, currently serves as Novagold Resources Inc.'s vice-president, engineering and development, where he is responsible for all aspects related to the engineering and technical advancement of the Donlin Gold project in Alaska and Galore Creek project in British Columbia.

Prior to joining Novagold, Williams held numerous positions with Barrick Gold Corp. and was most recently the project director of Barrick's Pueblo Viejo project in the Dominican Republic.

Williams has a bachelor's degree in chemical engineering from Trinity University, San Antonio, Texas.

He is also the co-inventor of three U. S. patents associated with Pressure Oxidation technology.

Electrum Strategic Opportunities Fund L.P. nominated Williams to the Kaminak board pursuant to the terms of a C$22.5 million that makes Electrum a roughly 10.3 percent stakeholder in Kaminak, assuming the exercise of all warrants held by the company.

Kaminak President and CEO Eira Thomas said, "Richard brings 30-plus years of mining experience to our board, having played key technical and corporate executive roles with Barrick on numerous, large scale mining projects at various stages of development around the world.

Moreover, in his current capacity as vice-president of Novagold, he brings a wealth of northern project development experience that is relevant to Kaminak as we work to complete the feasibility study and transition towards development at our flagship, Coffee Gold project in Yukon, Canada."

 

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