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Canaco Resources Inc. announced the appointment of David Sinitsin to the position of Vice President Project Development, and the appointment of Peter Mordaunt to the Advisory Board.
Vice President Project Development Mr. Sinitsin's career spans 28 years in industry, encompassing significant activities in project development, planning, financing, permitting and execution. His responsibilities have ranged from research and prototype development through to successful completion of feasibility studies and large, multi-discipline, international construction projects for the mining, chemical, pulp and paper industries. He has held increasingly senior positions in engineering and project development with Emgold Mining, Hunter Dickinson and Freeport McMoRan. Most recently he was Director of Project Development at Silver Standard Resources Inc., where he was responsible for all aspects of project development. In his new role at Canaco Mr. Sinitsin will lead the advancement of the Handeni project into development, beginning with an initial resource estimate planned for completion in the first quarter of 2012. He will also direct the preliminary economic assessment (PEA) scheduled for completion by the end of June 2012. The PEA will include metallurgical testing, geotechnical assessment, a preliminary mine plan, mill flow-sheet design, engineering design, estimation and economic analysis. Mr. Sinitsin holds both BSc and MSc degrees in Mechanical Engineering from the University of British Columbia and is a registered member of the Association of Professional Engineers and Geoscientists of B.C. |
