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Mr Adam Lundin Appointed as President and CEO of Josemaria Resources

Mining News - Published on Thu, 19 Sep 2019

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Josemaria Resources Inc announced that, after 10 years as President and CEO of the Company, Dr Wojtek Wodzicki will be stepping down to focus his attention and activities as President and CEO of NGEx Minerals Ltd, and will be succeeded by Mr Adam I Lundin, effective September 16, 2019. Dr Wodzicki will continue to serve as a Director of the Company.

Dr Wodzicki has held the position of President and CEO of Josemaria Resources (formerly NGEx Resources Inc.) since 2009, following the Company's acquisition of Suramina Resources Inc. and Sanu Resources Ltd. During his time with Josemaria, Dr. Wodzicki has led the teams responsible for some of the Lundin Group's most significant grass roots exploration discoveries, including Los Helados, Josemaria and Filo del Sol. Wojtek is also responsible for the unlocking significant shareholder value during his tenure with the company, where he and his teams strategically spunout some of the Company's assets into separate public companies – Filo Mining, with Filo del Sol; and NGEx Minerals Ltd., with Los Helados. Under Wojtek's leadership at Josemaria, the Company found approximately 28 billion pounds of copper, 22 million ounces of gold and 150 million ounces of silver.

The Company also announced that Mr Ron F Hochstein has been appointed to the Josemaria Resources Inc. Board, effective September 16, 2019. Mr Hochstein, a Professional Engineer, has worked with the Lundin family directly and as a consultant for over twenty years, and has been involved with a number of companies, in either a senior executive management or directorship capacity for a majority of this time. Currently, Mr Hochstein is the President and CEO of Lundin Gold, a near-term gold-producing company whose key asset is the Fruta del Norte gold deposit - one of the next major gold mines currently being developed and which can expect first gold in the fourth quarter of 2019.

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Posted By : Rabi Wangkhem on Thu, 19 Sep 2019
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