MINING confirmed the company was optimistic about the potential opportunities that exist at the Haile project to further define additional resources and reserves . “ Our objective is to construct an open pit mining operation with a 13 year mine life but in conjunction with the development and operations , we will invest in exploration to expand the resources and reserves .”,” said Wilkes . “ Done right , we believe we can extend the reserves from two million ounces to over three million and more .”
The company has allocated an exploration budget of $ 25 to $ 30 million and will utilize roughly $ 10 to $ 15 million at Haile in 2016 .
Key Personnel
Michael Wilkes
President and Chief Executive Officer
Mark Chamberlain
Executive Vice President and Chief Financial Officer
Mark Cadzow
Executive Vice President and Chief Development Officer
Michael Holmes
Executive Vice President and Chief Operating Officer
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