expansion on the 10/1 press release https://www.ibram.org.br/150/15001002.asp?ttCD_CHAVE=253635
01.10.2015
Brazilian Felipe Holzhacker Alves was named director of the Canadian mining Luna Gold, owner of Aurizona Mining, which produces gold in Godofredo Viana (MA). Alves will replace Luis Baertl, who was the company's collegiate since 2009, and will be the only Brazilian Luna council. The change takes effect immediately and starts today (30), according to a statement to the market.
Ahmed is founder and CEO of Frontera Minerals, a Brazilian group that has a portfolio of mining assets in the country. It will remain ahead of the company regardless of the appointment to the Board of Luna, as reported by telephone to the NMB.
According to Alves, three factors have caused him to accept the new position at Luna: knowledge of Aurizona mine confidence in the potential and the presence of a strong shareholder in the company, which is the Pacific Road.
"I already have a prior knowledge of design, Aurizona mine. In my view, is one of the best gold deposits in Brazil, the mine is approximately 4 million ounces of resources, can not confirm the number exactly, but it's there. It is one of gold projects with the greatest potential in the country. The restructuring that took place in the company, with the entry of a shareholder, Australian fund Pacific Road, was also very important, "Alves said the NMB.
The new director of Luna is a mining engineer and master in political economy of natural resources. Alves has worked as investment manager for a small fund of equity interest facing mining and Rand Merchant Bank, was a member of the Board of Directors of CPX cement group, and has worked in various technical and operational positions in several mining operations underground.
Currently, in addition to president and CEO of Frontera Minerals, it is also a board member of the Association of Mineral Research Companies (ABPM).
"We are very happy to have Felipe joining the company as a board member. I know Felipe six years ago and it is a well-balanced mining professional with expertise and experience in Brazil's capital markets, "said Marc Leduc, President and CEO of Luna.