Team

Strategic Location - Innovative Design - Sustainable Mining

Management Team

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Nolan K. Peterson, MBA, CFA, P.Eng
Chief Executive Officer

An experienced MBA, Professional Engineer, PMP, and CFA Charterholder with over 20 years of experience in strategy, finance, corporate development and project development primarily within the mining, infrastructure and energy industries. With a financial and technical background Nolan specializes in developing and executing strategies for corporate growth.
Nolan was a senior leader in the successful delivery of the New Afton ($750 million), Rainy River ($1B) and Hope Bay ($250M) mining projects in addition to extensive project development work with companies including Barrick, Newmont, Rio Tinto, and QuadraFNX.

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Jeff Kilborn, CMC
Chief Financial Officer

Mr. Kilborn joins the Company with a diverse background in mining and financial capital markets spanning over 20 years. He is a former Executive Vice President of Corporate Development and Chief Financial Officer, and current Director and Audit Committee Chair of Canadian Gold Corp. (TSXV:CGCHe holds a Bachelor of Arts – Honours Business Administration from Ivey Business School, Western University and holds a Certified Management Consultant designation from the Canadian Association of Management Consultants. He has broad financial experience, including debt and equity capital raising and mergers and acquisitions advisory.

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Robert Booth, P.Eng, PMP
VP, Engineering & Construction

Mr. Booth has successfully executed more than $1.5 billion in large capital projects over the past 7 years, most recently with the world’s largest gold mining company (Newmont). He is an engineer who has consistently demonstrated operational excellence and the highest standards of cost and quality control. Between 2018 and 2021, Mr. Booth managed a successful rapid and low-cost expansion of Hudbay’s Snow Lake operations in Manitoba.

Andrew Smith, P.Eng., ICD.D
Mine Project Manager

Andrew Smith is a seasoned mining engineering professional with a robust track record in underground mine construction projects. With over a decade of experience in mining engineering and project management, he specializes in project controls and contract management. As the former head of Project Management at Dumas Mining, he oversaw international mine-building contracts with a total value exceeding $500 million. His leadership in implementing cutting-edge business intelligence systems has markedly improved operational efficiency and risk management. Moreover, his strategic foresight into contract change management captured substantial contractual value, underpinning the financial success of major mining contracts

Board of Directors

Patrick Laracy, LL.B., P.Geo
Chairman & Director

Mr. Laracy is the founder of the company and has leveraged over $100 million of high risk exploration expenditures through equity and joint venture financings. He is a member of the Professional Engineers and Geoscientists of Newfoundland and Labrador with over 30 years of industry experience in various technical and executive capacities.

Rowland Howe
Director

Mr. Howe is a chartered Engineer with an impeccable 30-year background in the salt industry. He was Mine General Manager at Goderich in Ontario from 1995-2011 where he led the expansion to the largest and most profitable salt mine in North America, taking Compass Minerals’ (NYSE: CMP) operation from 3.5 million tonnes per year to 7.5 million tonnes – an annual record that has yet to be surpassed. He is currently President of the Goderich Port Management Corporation.

F. Carson Noel, LL.B., B.Comm
Director

Mr. Noel is a former lawyer and business consultant with more than 20 years of experience with exchange listed companies from start-up through exploration and development. He is currently the Director At Large For Governance at CIM’s Newfoundland and Labrador Branch.

Fraser H. Edison
Director

Fraser has experience in finance, construction, Oil and Gas, and transportation management .He is currently President and Chairman of the Board of Rutter Inc., Chairman of Newfoundland and Labrador Liquor Corporation, and member of the board and governance committee of  Newfoundland and Labrador Hydro.

Bob Kelly
Director
Mr. Kelly is a Professional Geoscientist, with over 40 years of comprehensive mining senior management experience. Starting as an exploration geologist in Western Canada, Mr. Kelly led an expansive career that includes 21 years rising through the ranks at the Iron Ore Company of Canada, holding the positions of Voisey’s Bay Nickel Company Assistant to the President and Construction Manager before moving to Teck Resources Ltd as General Manager of Teck’s Duck Pond Mine in central Newfoundland before becoming Vice President where he was responsible for all aspects of Health and Safety Leadership across Teck’s various operating sites, projects, exploration and office locations.
Mr. Kelly has served as President of the Canadian Institute of Mining – Newfoundland Branch and as a Director of Mining Newfoundland and Labrador. 
 

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