VANCOUVER, Sept. 25, 2017 /CNW/ - Lupaka Gold Corp. ("Lupaka Gold" or the "Company") (TSXV:LPK, FRA:LQP) is pleased to announce that the Company has appointed Mr. William (Will) Ansley as President and Chief Executive Officer, and as a Director of the Company.
Mr. Ansley was a member of two teams that placed six mines into production over an eight year period in Sudbury and Timmins, Ontario; Mr. Ansley was the Director of Business Development for FNX Mining Company Inc. and the Vice President of Corporate Planning & Strategy for Lake Shore Gold Corp., Will was also the Chief Operating Officer of Mineral Streams Inc. where he helped orchestrate its successful sale to AuRico Metals Inc. in 2015. Most recently, Will was President and Chief Executive Officer of Satori Resources Inc., where he led a successful upgrade in Mineral Resources at the Tartan Lake Gold Mine Project. Will has over 12 years of senior mining and corporate development experience and is a Chartered Professional Accountant (CPA, CA).
Mr. Gordon Ellis will continue to serve as Chairman of the Board of Directors.
"Mr. Ansley's appointment is an important step in the evolution of Lupaka Gold into a potential gold producer," stated Mr. Ellis, Chairman of the Company. "Will brings a strong set of skills and experience to lead the Company and guide the Invicta Gold Development Project potentially towards a cash-flow generating mine. He has helped successfully build underground mines, managed public companies, and over the years, has built extensive networks in capital markets and in mining."
"I am honored to join Lupaka Gold and very excited to lead the Company in reaching its long-term growth potential," said Mr. Ansley. "My vision is to transform the well-funded Invicta Gold Development Project into a cash-flow generating asset in short order and unlock the potential of Lupaka Gold's extensive exploration portfolio to drive organic growth in the long-term. With the recently secured permits and project debt financing in place for Invicta, my first order of business will focus on procuring and developing a Peru based operating team capable of overseeing and managing the necessary site upgrades, mining contractor, and our contracted toll processing facility. As the Company transitions from the permitting phase to one where Lupaka Gold can focus on building, commissioning and marketing, and given that we are funded to production, we are excited about the re-rating potential of our Company."
