EnviroGold Global appoints Bruce Higson-Smith to its Board of Directors

– CANADA, Toronto –  EnviroGold Global Limited (CSE: NVRO | OTC: ESGLF | FSE: YGK), a Clean Technology Company accelerating the world’s transition to a circular-resource economy through the production of Metals Without Mining, today announced the appointment of Bruce Higson-Smith to its Board of Directors, effective May 16th, 2022.

“Bruce’s profound ability to successfully bridge the gap between technical/operational and strategic/capital initiatives while leading and achieving mission-critical corporate objectives has been demonstrated time and again over his decorated career. We are thrilled that Bruce will be joining EnviroGold Global and enhancing our world-class team as we execute our vision of accelerating the world’s transition to a circular-resource economy by producing Metals Without Mining.” said Executive Chair, David Cam.

The Company also announced the planned retirement of Sean Foley from the Board of Directors.

About Bruce Higson – Smith

Having served on the board of 4 public companies, Bruce is a senior executive with over 40yrs of mining, metals and capital markets experience, including 25yrs of experience as a senior executive for firms including Golden Star Resources Ltd (NYSE AMEX: GSS), where he led the firm’s corporate strategy and M&A initiatives including debt and equity transactions in excess of $650M. Prior to that he was a portfolio manager for both Resource Capital Funds, and the Emerging Markets Gold Fund where he structured equity and convertible debt products for mining companies. Bruce also served as the General Manager of Golden Star’s mines in Ghana, both open pit and underground operations producing over 200,000 oz per year during his tenure. A Member (35+ years) of the Society of Mining Engineers, Bruce is currently the Chair of South Atlantic Gold, a TSX-V listed gold and copper exploration company with projects in B.C. and Brazil, and Strategic Advisor (M&A, finance, technical) to the board of directors of Federation Mines Ltd. Bruce earned an M.B.A. from Baruch College, City University of New York in 1992 and a B.Sc. (Min. Eng.), with Honours, from the Royal School of Mines, Imperial College in 1982; his post-graduate education includes M&A (UCLA), Resource Estimation & Geostatistics (Snowden), Metallurgy (Colorado School of Mines), International Mining Law (University of Dundee).

About EnviroGold Global

EnviroGold Global is a CleanTech company dedicated to creating shareholder value while establishing ESG & circular economy leadership by profitably reprocessing & remediating mine waste (tailings) to recover precious, critical & strategic metals – including gold, silver, copper & nickel. Led by CEO Dr. Mark Thorpe, the Company is strategically positioned to earn and maintain social license while capitalizing the estimated US$ 3.4 trillion of in situ metal value in global tailings. Dr. Thorpe is also the Chairman of the Canadian Mining Innovation Council.

The Company’s commercial strategy involves identifying, qualifying and developing tailings reprocessing opportunities, generally targeting tailings sites with at least 6M metric tonnes of tailings and gross recoverable metal value of $124/tonne of tailings. The Company has reviewed over 300 global tailings sites to date and through further market segmentation has identified potential targets exceeding US$10 billion in gross recoverable metal value.

EnviroGold Global acquires the metal recovery rights to tailings sites by leveraging a profit share business model to create an attractive value proposition for site owners. The Company’s low-CAPEX business model is designed to generate high free cash flow & high target IRR while eliminating the risks of traditional exploration and extraction. The Company expects to produce metals with a carbon footprint up to 96% lower than conventional metal producers while reducing the environmental footprint of legacy mining.

As of January 2022, the Company has eight major projects in its global project pipeline including two major projects under definitive contracts and six additional major projects at various stages of commercial negotiation and detailed technical/economic review.

The Company expects to commence production of precious metals (gold and silver), clean energy metals and battery metals (copper, lead, zinc) in 2022 and is targeting seven major projects in commercial production by 2025.

For more information: https://www.envirogoldglobal.com/

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Talent4Boards Team