BacTech Mining Corporation (TSX-V: BM) has appointed Mark Burridge as a Director of the new mining company, Goldco, being spun out from BacTech, upon its establishment. Up to the point of the spin out, Mr. Burridge will assume the title of Chairman of the gold subsidiary.
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Mr. Burridge will be working with existing personnel of BacTech to oversee the project development activities needed to establish Goldco as a recognized industry participant. His background includes 20 years in the metals and mining industry. His management experience includes corporate restructuring, mine development and operations, M&A and financings.
BacTech owns patented bacterial oxidation technology for the treatment of refractory ores and concentrates to enhance the recovery of gold, silver and base metals. The Company's focus is the acquisition of equity positions in projects amenable to bioleaching.
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