Patrick Downey,
President & CEO of Elgin Mining Inc. and GoldSeek.com Radio's Chris Waltzek
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Elgin Mining Inc. is a Canadian based company focused on production at the Björkdal Gold Mine in Sweden and the exploration and development of the past-producing Lupin Gold Mine and the Ulu gold project, both located in Nunavut, Canada. Elgin Mining's portfolio also includes a 29.5% interest in Auracle Resources, which is exploring the Mexican Hat property in Arizona, an exclusive right and option to earn a 60% interest in Lincoln Mining's Oro Cruz (California) and La Bufa (Mexico) gold projects, and an option to obtain 60% of North Arrow Resources' Contwoyto properties. Elgin Mining also selectively reviews opportunities to add advanced stage development projects to its portfolio. The Company has a strong balance sheet, generates significant cash flow from gold sales, and remains un-hedged.
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Gold Nugget Interview
President, Chief Executive Officer and Director of Elgin Mining Inc., Mr. Patrick Downey
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Mr. Downey was appointed President and Chief Executive Officer of Elgin Mining Inc. in July 2011 bringing with him over 25 years of international experience in the resource industry. Prior to joining Elgin Mining Inc. Mr. Downey held the position of President, Chief Executive Officer and Director of Aura Minerals Inc. Mr. Downey was President, Chief Executive Officer and Director of Viceroy Exploration Ltd. before its acquisition by Yamana Gold Inc. in 2006 for $600 million. Mr. Downey also served as President of Consolidated Trillion Resources Ltd. and Oliver Gold Corporation, where he negotiated their successful merger to form Canico Resource Corp., which was purchased by CVRD in 2006 for over $800 million. He has held numerous senior engineering positions at several large-scale gold mining operations and has also held operating positions at several mining projects for Anglo American Corporation in South Africa. Mr. Downey holds a Bachelor of Science (Hon.) degree in Engineering from Queen's University in Belfast, Ireland.
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