Tuesday, 19 July 2011

Prodigy Gold appoints VP of operations

Vancouver, B.C.-based mineral explorer Prodigy Gold (CVE:PDG) announced Monday that it has appointed Fred Mason as vice president of operations for the company.
Mason, with his experience in constructing and operating complex open pit and underground mining operations, will direct the company’s feasibility program and future development of the Magino mine gold project.
His career as a mining engineer has led him to work for companies like Kinross Gold (TSE:K), where he worked at the Refugio gold mine in Chile, and Barrick Gold (NYSE:ABX), where he was general project manager forthe Pasqua project in Chile. Mason was also the area manager for Southern Peru Copper Company.
"At Prodigy, we look forward to his leadership and expertise as we rapidly advance the Magino mine project through the feasibility process,” said Brian J. Maher, Prodigy’s chief executive.
"Fred's experience in building and operating gold mines will enhance our efforts to bring the Magino mine towards production and provide vital oversight to all phases of the development process."
Currently, Prodigy Gold is evaluating the development of the Magino mine gold project in Ontario as an open-pit mine, with a potential for deeper, higher grade gold production. It is situated 40 kilometres northeast of Wawa, Ontario, in the township of Finan.
The Magino project has indicated gold resources of 1.94 million ounces, grading 1.16 grams per tonne, as well as 587,100 ounces of inferred gold resources grading 1.04 grams per tonne. A full feasibility study for the proposed open pit mining project at Magino is scheduled for early next year.

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