IDM Mining Appoints Pokrandt and Masterman to Advisory Board
May 26, 2015, Vancouver, BC – IDM Mining Ltd. (TSX:IDM) (“IDM” or the “Company”) is pleased to announce that it has appointed Harry Pokrandt and Glen Masterman to an Advisory Board of the company.
“We are excited to have two accomplished and notable leaders in the Canadian mining industry join our team.” said Michael McPhie, Executive Chairman of IDM Mining.
“Glen and Harry have significant experience in mining finance, public markets and advanced project exploration and development.” said Rob McLeod, President and CEO of IDM Mining. “We are looking forward to their contribution as we advance the high- grade Red Mountain underground gold project through the permitting process and towards a positive construction decision.”
Mr. Pokrandt and Mr. Masterman will assist and advise IDM Management and the Board of Directors on financial and technical matters, respectively.
Most recently, Glen Masterman served as Senior Vice-President, Exploration for Kinross Gold Corporation (“Kinross”), where he managed global exploration activities and led teams on a number of important new, near-mine discoveries in Kinross’ regions of operation. As head of exploration, Glen significantly enhanced Kinross’ strength in global exploration and was ultimately responsible for delivering programs to replenish annual gold production. Glen also oversaw exploration at the Tasiast mine in Mauritania which resulted in a major resource expansion and additional discoveries. Prior to Kinross, Glen was General Manager, Exploration for Bolnisi Gold, an Australian company that discovered and developed the Palmarejo silver and gold mine in northern Mexico. He commenced his career in 1994 with WMC Resources and later joined Goldfields Exploration Ltd and Placer Dome Asia Pacific. Glen graduated with a B.Sc.(Honours) from the University of Melbourne and earned his PhD from the University of Tasmania.
Harry recently retired as Managing Director for a major international investment banking firm, leading its Metals & Mining Group at its Vancouver office. Harry was previously involved with resource-focused investment bank boutique Orion Securities Inc., where he worked in Institutional Sales for over 20 years. Since then, Harry has worked on numerous financing and advisory assignments in the metals and mining sector.
ABOUT RED MOUNTAIN
IDM Mining is currently earning an option to acquire a 100% interest in the 17,125 hectare Red Mountain property, located 15 kilometers northeast of Stewart, BC. Numerous precious and base metal targets have been identified by IDM and previous operators over a 15 km by 4 km trend of strong alteration and mineralized prospects. Since discovery in 1989, in excess of $40 million has been spent on the Project including a production sized underground ramp.
ABOUT IDM MINING LTD.
IDM Mining Ltd. is a mineral exploration company (TSX: IDM) based in Vancouver, BC, Canada. The Company’s current exploration activities are focused on precious metals in British Columbia. Further information can be found on the Company’s website at www.IDMmining.com.
ON BEHALF OF THE BOARD
of IDM Mining Ltd.
President, CEO and Director
For more information, contact: