NioGold Mining Corp. is a mineral exploration company focused on gold. The company’s flagship projects are located in the Cadillac – Malartic – Val-d’Or stretch of the prolific Abitibi gold mining district of Quebec, Canada. NioGold’s land holdings within the Abitibi encompass three former gold producers. These are the Nortartic, Marban and Kierens mines that collectively produced 600,000 ounces of gold.
The company announced today the appointment of Simon Ridgeway to the company’s newly created advisory board. Mr. Ridgeway is an accomplished mine developer with over 30 years of experience in the mining industry. He is a co-founder of the Gold Group, a stable of mining and exploration companies with headquarters in Vancouver. Mr. Ridgeway presently holds the position of president of Radius Gold and chairman of both Fortuna Silver Mines and Focus Ventures.
During the 1990s, Mr. Ridgeway and his team successfully discovered and sold two gold deposits in Honduras and Guatemala, both of which were subsequently put into production by Glamis Gold, now Goldcorp (NYSE: GG). Over the last ten years, his list of successes has grown and the companies now under his management offer opportunities in a wide range of commodities. Since 2004, his group has raised over 300 million Canadian dollars on the North American and European capital markets.
NioGold’s management is very excited to have Mr. Ridgeway on their board of advisors. The chairman and CEO of NioGold, Michael Iverson, commented: “Mr. Ridgeway will provide NioGold’s management with advice in strategic and corporate business development. His expertise will be of great assistance as the company advances its flagship Malartic gold project in Quebec.”