Adrian FlemingChairman of the Board
Mr. Fleming has served as a director of numerous companies including ASX listed Goldminex Resources, TSX listed Strikepoint Gold Inc., and Osprey Gold Development. Mr. Fleming has over 40 years’ experience in exploration, project development and mine operations. He has been a member of teams that made gold discoveries at Porgera, PNG; Big Bell, WA; Gross Rosebel, Suriname; Hope Bay, Canada; and more recently, White Gold, Yukon, Canada. He founded Underworld Resources in 2006 which was subsequently acquired by Kinross Gold Corp for CAD$130M. Mr. Fleming was also a founding Director of Northern Empire Resources which has been acquired by Coeur Mining for CAD$117M. Mr. Fleming holds a Bachelor of Science with Honours in Geology from University of Newcastle. He is a Member of the Australian Institute of Mining and Metallurgy.
Jeffrey R. WilsonPresident & CEO, Director
Jeffrey R. Wilson has 25 years of experience in the mineral exploration and mining investment industry. Mr. Wilson brings to Precipitate a wealth of contacts throughout the investment community including institutional investors, retail brokers, investment bankers, mining analysts and private investors. During his career, Mr. Wilson has been involved in numerous equity financings, ranging from IPOs to private placements and syndicated brokered financings. Mr. Wilson began his career in the early 1990's as an Investor Relations Manager and eventual Director of two public companies, namely Welcome Opportunities Ltd. (which was bought out by Endeavour Mining Capital in 2002) and Aquiline Resources Ltd. (which was bought out by Pan American Silver in 2009). In 2005, Mr. Wilson was involved in the formation of Silver Quest Resources Ltd., which was bought out in 2012 by New Gold Inc. Prior to Precipitate, Mr. Wilson was VP Corporate Communications at Geologix Explorations Inc.
Mr. Waddell is a geologist with over twenty years of diverse resource industry experience. His experience bridges both junior and major mining companies providing a broad vision of many aspects of the resource industry. Mr. Waddell was a founder and former President & CEO of GoldQuest Mining Corp. focused on early stage exploration in the Dominican Republic. GoldQuest's ground-breaking regional exploration laid the foundation for the more recent discovery of the Romero deposit and the heightened interest in the Tireo Gold Belt, where Precipitate is currently active with its Juan de Herrera project. Mr. Waddell's knowledge and experience in the region bring invaluable guidance to Precipitate. His most recent role was Vice President Greenfields Exploration for Kinross Gold Corp. Mr. Waddell has lived and worked as an expatriate in Australia, Bolivia, Venezuela, Peru, Ecuador, Chile and the Dominican Republic.
Lon Shaver, B.Comm.Director
Mr. Shaver is a CFA charterholder with over 25 years of capital markets and corporate finance experience, mostly focused on the Canadian mining sector. Mr. Shaver is currently Vice President at Silvercorp Metals Inc., which operates multiple mines in China. Previously, he spent a combined 13 years in investment banking roles with Merrill Lynch and Raymond James guiding corporate clients through hundreds of closed financing and M&A transactions. Previously, Mr. Shaver was a research associate and mining analyst with an institutional sell-side firm. His corporate experience includes CFO roles with a publicly-listed mining company and a private technology company. Prior to his current role at Silvercorp he acted as a consultant providing corporate development and capital markets support to companies in the resource sector, and is on the boards of several public companies.
Michael Moore, P.GeoVP Exploration
Mr. Moore is a British Columbia registered professional geologist with a B.Sc. geology degree (1989) from Carleton University (Ottawa Ontario). He is a third generation miner with +25 years of national and international field work and project management experience. Mr. Moore's diverse exploration skill sets include base, precious and industrial metal projects; ranging from grassroots to advanced stage exploration levels. A brief snapshot of his + twenty five year career evidences experience with (i) a wide range of gold-copper deposit types in Canada, Mexico, Greenland, Peru ,Cuba, Ghana, and the USA, (ii) Achaean nickel-PGM deposits in Nunavut ,(iii) manto-type carbonate replacement base metals, (iv) low and high sulphidation epithermal gold systems in Mexico and Dominican Republic, (v) uranium and tungsten mineralization in various Canadian provinces and (vi) intrusion-related gold and copper-gold systems in northwest Canada.
Mr. Angeles-Lithgow is a Dominican national who, until March 2018 held the position of President and Executive Director of the Barrick-Pueblo Viejo mining operation in the Dominican Republic, which is the single largest investment in the country’s economic history. Mr. Angeles-Lithgow worked at Barrick-Pueblo Viejo for nearly 11 years, having held the position of Director of Government Affairs before being promoted to President and Executive Director. As President and Executive Director of Barrick-Pueblo Viejo, Mr. Angeles-Lithgow was responsible for co-managing one of the largest gold mining operations in the world and one of the Dominican Republic’s most important economic drivers, with an initial infrastructure investment of approximately US$4.3 billion and a recent 2017 production rate of approximately 1.0 million ounces gold per year at an all-in-sustaining cost per ounce of US$525*. Prior to working at Barrick, Mr. Angeles-Lithgow was the Director of Commercial and Regulatory Affairs at Empresa Generadora de Electricidad Haina, S.A. (E.G.E. Haina), one of the two power generation companies formed as a result of the capitalization of the former state-owned power utility in the Dominican Republic and the reform of the power sector. He worked in the power sector for over 8 years.(*March 2018, NI 43-101 report).
Mr. Angeles-Lithgow offers critical local and in-country expertise to augment the geological and business acumen of the Company’s management team and Board of Directors. Mr. Angeles-Lithgow’s track record for establishing mutually beneficial relationships between the mining sector and local communities, business leaders and government officials at all levels, provides invaluable insight to Precipitate as it commences activities at its Pueblo Grande Project.