Brigus Appoints Daniel Racine as COO (bwire)
HALIFAX, Nova Scotia (Business Wire) -- Brigus Gold Corp. (“Brigus” or the
“Company”) (NYSE MKT: BRD)(TSX: BRD) is pleased to announce that Daniel Racine
will join the company as Chief Operating Officer (COO) effective August 21st.
Mr. Racine is a mining executive with over 25 years of industry experience.
Prior to his appointment at Brigus, Mr. Racine was Senior Vice-President
Mining of Agnico-Eagle Mines Limited (“Agnico” or the “Company”) where he
oversaw Agnico's global mining operations. Mr. Racine joined Agnico as a junior
Mining Engineer in 1988 and took on progressively more responsibility during his
career with them. His roles included LaRonde Mine Manager; Vice-President,
Operations Manager; and Senior Vice-President Operations. During his 24 years
with Agnico, the Company grew from a market capitalization of $300 million with
two small operating mines to a global mining leader with a market capitalization
of $6.4 billion with five large mines in three countries.
“We are very pleased that Daniel has joined Brigus,” said Wade Dawe,
President and CEO of Brigus. “His operational and managerial expertise in
underground mining and capital development will be a major asset to Brigus as we
continue to grow the company.”
Mr. Racine will be based in the Company's Toronto technical office but will
spend a significant amount of time at the Black Fox Mine located in Matheson,
Ontario and at the Company's head office in Halifax, Nova Scotia.
“I am looking forward to this new opportunity with a growing Canadian gold
producer,” said Daniel Racine. “It is an exciting time for Brigus as the Black
Fox Mine continues to ramp up, development of the Grey Fox Mine begins, and
other growth opportunities emerge.”
Mr. Racine holds a BSC Mine Engineering degree from Laval University and he
is a member of the Ordre des Ingenieurs du Quebec (OIQ) and Professional
Engineers of Ontario (PEO).
About Brigus Gold
Brigus is a growing gold producer committed to maximizing shareholder value
through a strategy of efficient production, targeted exploration and select
acquisitions. The Company operates the wholly owned Black Fox Mine and Mill in
the Timmins Gold District of Ontario, Canada. The Black Fox Complex encompasses
the Black Fox Mine and adjoining properties in the Township of Black
River-Matheson, Ontario, Canada. Brigus is also advancing the Goldfields Project
located near Uranium City, Saskatchewan, Canada, which hosts the Box and Athona
gold deposits. In Mexico, Brigus has granted Cangold Limited the option to
acquire a 75% interest in the Company's Ixhuatan Project located in the state of
Chiapas. In the Dominican Republic, Brigus has signed an agreement to sell its
remaining interests in three mineral exploration projects.
Cautionary and Forward-Looking Statements
Statements contained in this news release, which are not historical facts,
are forward-looking statements that involve risk, uncertainties and other
factors that could cause actual results to differ materially from those
expressed or implied by such forward-looking statements. All statements
regarding the ability of the Company to achieve its production, total cash
costs, steady state annual production and mining rate estimates; estimated
average gold grades for the open pit and underground operations; increase in
gold production; increase in profitability; exploration drill results and
resource additions, are forward-looking statements and estimates that involve
various risks and uncertainties.
Brigus Gold Corp.
Jennifer Nicholson, CA, 902-442-7186
Manager, Stakeholder Relations