QGold Appoints Jamsheed Mehta to Board of Directors
Q-Gold Resources Ltd. (TSXV:QGR, OTCQB:QGLDF) announces the strategic appointment of Jamsheed Mehta to its Board of Directors. This appointment marks a notable step forward for QGold as it aims to enhance its market presence and refine its exploration strategies.
Expertise from a Seasoned Capital Markets Professional
Mr. Mehta's expansive career spans over 35 years in capital markets, predominantly with a commendable 31 years at BMO Capital Markets. His experience includes a series of senior leadership roles, culminating in a Vice-Chair position in 2015, showcasing his deep understanding of equity markets and mining finance.
Significance of the Appointment
Peter Tagliamonte, President and CEO of QGold, expressed confidence in Mr. Mehta's guidance, stating that his expertise will be crucial as QGold navigates its exploration and development pursuits, especially regarding the newly acquired Quartz Mountain Gold Project.
Industry Insights and Contributions
Throughout his tenure, Mr. Mehta engaged with mining enterprises of all stages, aiding them from the early exploration phases to production and mergers and acquisitions. His strategic decisions considerably influenced BMO's equity capital markets strategies, leveraging equity risk and bolstering institutional relationships.
Continuing Strategic Advisory Role
In addition to his role on QGold’s board, Mr. Mehta offers advisory services to selected clients, enriching QGold with his financial wisdom and broad industry outlook.
Board Changes and Leadership Expansion
The appointment of Mr. Mehta follows the retirement of Robert Bryce from the company's board. Management extends gratitude for Mr. Bryce's years of service and wishes him well as he transitions to an advisory role.
New VP of Corporate Development
In conjunction with Mr. Mehta’s appointment, Scott Moore joins QGold as the VP of Corporate Development. Moore boasts over 25 years of experience in the resource sector, having led companies like Euro Sun Mining Inc. and Dacha Strategic Metals.
Highlighting The Quartz Mountain Gold Project
The Quartz Mountain Gold Project stands out as QGold’s flagship asset, located in a historically rich mining region with robust infrastructure. This strategic location enhances its viability as a gold development opportunity.
Recent Developments at Quartz Mountain
Acquired recently from Alamos Gold, QGold has conducted a mineral resource estimation for this project. As of now, the technical report highlights about 1,543,000 ounces of gold at a grade of 0.96 g/t and a significant silver reserve too.
Collaborations with Leading Engineering Firms
To augment its project evaluation processes, QGold has collaborated with Kappes, Cassiday & Associates to conduct a preliminary economic assessment of the Quartz Mountain Gold Project.
Commitment to Industry Standards and Safety
All technical information in this announcement has undergone scrutiny by qualified professionals, ensuring adherence to best practices in mining and sustainability.
Additional Information about Q-Gold Resources Ltd.
Q-Gold Resources Ltd. focuses on advancing its gold and silver projects across North America, emphasizing exploration in mining-friendly areas. Their flagship projects aim to drive resource expansion and careful management practices.
Contact Information
For further inquiries, please contact:
Peter Tagliamonte
Chief Executive Officer
Email: pwt@qgoldresources.com
Website: https://qgoldresources.com
Cell: +1 (416) 564-2880
Frequently Asked Questions
Who is Jamsheed Mehta?
Jamsheed Mehta is a seasoned professional with over 35 years of experience in capital markets, recently appointed to the QGold board.
What is the Quartz Mountain Gold Project?
The Quartz Mountain Gold Project is QGold's flagship asset, showcasing promising gold development potential.
Why is Jamsheed Mehta's appointment significant?
His vast experience in equity markets will provide strategic advantages to QGold in its development efforts.
What is the role of Scott Moore at QGold?
Scott Moore has been appointed as VP of Corporate Development, bringing valuable experience from the resource sector.
How many ounces of gold does the Quartz Mountain Project hold?
Recent estimates indicate approximately 1,543,000 ounces of gold within the project.
