UK / BRAZIL – Serabi Gold plc (LON: SRB | TSX: SBI), the Brazilian-focused gold mining and development company, today announced the appointment of Daniel Kunz to its Board of Directors as a Non-Executive Director effective immediately. Mr. Kunz was previously Chairman of Kenai Resources Ltd (“Kenai”) and has joined the Board Directors of Serabi following the completion of the acquisition by Serabi of Kenai on 18 July 2013.
Mr. Kunz has more than 30 years of experience in the mining industry and has held various executive-level positions in a number of mining companies, including Turquoise Hill Resources Ltd (NYSE: TRQ) (formerly Ivanhoe Mines Ltd) where he served as President, Chief Operating Officer and Director from 1997 to 2003 and led the team that discovered Oyu Tolgoi, one of the world’s largest copper-gold deposits.
In 2003 Mr. Kunz founded a geothermal renewable energy company by acquiring the Raft River geothermal test site in his home state of Idaho. Mr. Kunz led the subsequent IPO of US Geothermal Inc (NYSE: HTM) on the Toronto Stock Exchange and NYSE in 2004 and then led U.S. Geothermal Inc in its development and construction of three new geothermal power plant projects, retiring as chief executive and a member of the board of directors in April 2013.
In June 2013 Mr. Kunz was appointed Executive Chairman of Zinco do Brasil Inc. (ZNBR), a mine development company focused on bringing into production an advanced stage zinc project in Brazil.
Mr. Kunz holds a Master of Business Administration and a Bachelor of Science in Engineering.
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