Barksdale appoints Trotman president, CEO 2017-11-14 17:00 ET - News Release
Mr. Richard Silas reports
BARKSDALE ANNOUNCES RICHARD (RICK) TROTMAN AS PRESIDENT AND CHIEF EXECUTIVE OFFICER AND PETER MEGAW AS SENIOR TECHNICAL ADVISOR
Barksdale Capital Corp. has completed assembling its senior leadership team to manage the development of the Sunnyside project in Arizona, on which it has acquired an option. The Sunnyside project is home to a large porphyry copper system that appears to host multiple polymetallic exploration targets, including a zinc skarn that may be an extension of the adjacent Taylor deposit owned by Arizona Mining.
Richard (Rick) Trotman will be joining the company as president and chief executive officer commencing Dec. 13, 2017. He is a professional geologist with a broad range of experience within the mining industry, having worked in both buy-side and sell-side positions, as well as technically focused responsibilities with major mining companies. He is joining Barksdale from Resource Capital Funds, a leading mining-focused private equity firm, where he was involved in executing a broad range of investments spanning the precious, base and minor metal spaces and was also responsible for establishing and managing the firm's portfolio of exploration investments. Prior to Resource Capital Funds, he worked as a mining industry equity research analyst in New York and was an exploration geologist with leading gold producers such as Barrick Gold Corp, Meridian Gold Inc. and Yamana Gold Inc. in both the United States and Mexico.
The company also announces that Dr. Peter Megaw, CPG, has joined the company as senior technical adviser. He is a co-founder and chief exploration officer of Mag Silver Corp. with more than 30 years of relevant experience focused on silver and gold exploration in Mexico. He has a PhD in geology from the University of Arizona and is a registered certified professional geologist by the American Institute of Professional Geologists and an Arizona registered geologist. He has been instrumental in a number of mineral discoveries in Mexico, including new orebodies at existing mines such as Excellon Resources' Platosa mine, as well as Mag Silver's Juanicipio and Cinco de Mayo properties. He is the author of numerous scientific publications on ore deposits and is a frequent speaker at academic and international exploration conferences. He is also the 2017 recipient of the prestigious Thayer Lindsley award for mine finding from the Prospectors and Developers Association of Canada.
The company's project manager for the Sunnyside project is Lewis Teal. Mr. Teal is a certified professional geologist with over 35 years of experience in multicommodity minerals exploration spanning both North and South America. From 1988 to April, 2015, he worked with Newmont Mining Corp. in a variety of senior positions, including group executive, South American exploration/development, from 2011 to 2015, director, South America, generative exploration, from 2006 to 2011, and exploration manager, Newmont-Minera Yanacocha operations, from 2002 to 2006. Since leaving Newmont in 2015, he has acted as an independent consulting geologist providing worldwide evaluation and business case analysis of a wide range of opportunities from early-stage generative exploration to advanced-stage mineral project development to early-stage generative exploration opportunities. Mr. Teal holds a master of science, economic geology (1979, minor in metallurgical engineering), and a bachelor of science, geology (1977, minor in mathematics), both from the University of Texas at El Paso.
Richard Silas will be stepping down as president and chief executive officer, but will remain as a director and corporate secretary of the company.
In conjunction with the foregoing appointments, the company has granted incentive stock options to purchase a total of 600,000 common shares at a price of 88 cents per share exercisable for a period of five years. The stock options are subject to the terms of the company's stock option plan and regulatory approval.
The scientific and technical content and interpretations contained in this news release have been approved by Lewis Teal, CPG 6932, a consultant to the company, a qualified person as defined by National Instrument 43-101 (Standards of Disclosure for Mineral Projects).
About Barksdale Capital Corp.
Barksdale Capital is focused on the acquisition and exploration of highly prospective precious and base metal projects in the United States.