Strategic Location - Innovative Design - Sustainable Mining

Management Team

Rick LaBelle, ICD.D, MBA
CEO & Director

Mr. LaBelle has an impressive track record of operational expertise and M&A success in the mining sector, a 40-year career highlighted by nearly 3 decades at the executive leadership level where he delivered over $5 billion (CDN) including mergers and acquisitions to the industry. Most recently he was President & CEO of Dumas Mining (2017-2022), one of the most respected underground mine builders in the world.  

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.

Michael Psihogios
Chief Financial Officer
Michael Psihogios is an experienced financial executive working with public, private and investment companies in the natural resource industry over the past 20 years.  Michael was the CFO of DUMAS Mining, an underground mine builder from 2016 to 2021, where he established the systems and controls for a successful financial turnaround and profitable growth strategy, while proactively ensuring access to financial capital with equity, debt, and asset-backed lenders.  Michael spent the majority of his career working with an international natural resource private equity fund on numerous executive and corporate development secondment roles within portfolio companies, establishing and leading financial management, systems/controls and corporate development.
Alasdair Federico
VP, Corporate Affairs
Mr. Federico is an experienced executive and lawyer who has successfully developed and managed mutually beneficial relationships between mining companies and key stakeholders to advance significant projects. Mr. Federico was Kirkland Lake Gold’s Executive VP, Corporate Affairs & Social Responsibility, between late 2016 and May 2021 during a period of exceptional growth for the company during which several key expansion projects were executed with support from local communities and First Nations. 
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

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.

Marc Boissonneault

Mr. Boissonneault P.Eng. MBA is an accomplished mining industry professional with extensive experience in leading major mining operations and capital projects in a global context. He has a proven track record of consistently delivering strong operating and capital project results while maintaining the highest standards of HSEC. Businesses under his responsibility were recognized for industry leading safety performance (multiple John T. Ryan Awards in Canada) and have performed to the highest standards environmentally. Over his considerable 35-year career he has overseen the operation of nine underground mines, two open pit mine complexes and five mining projects, with several being based in logistically challenged jurisdictions. 

Fraser H. Edison

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.

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

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 founding Director and Past President of the Ecuador-Canada Chamber of Commerce.


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