SolGold appoints Darryl Cuzzubbo to its Board of Directors as upcoming MD and CEO

– AUSTRALIA, Brisbane –  SolGold (LON: SOLG | TSX: SOLG) today announced the appointment of Darryl Cuzzubbo to its Board of Directors, effective 16th November 2021. He will also become Managing Director and CEO effective 1st December 2021.

“I am delighted to welcome Darryl as CEO of SolGold following an extensive global search where we were fortunate to be able to consider several high calibre candidates. On behalf of the Board, I am confident that Darryl with his deep commercial, operations and project delivery experience is the best person to lead this organization forward in order to realise the best potential of SolGold,” said Board Chairman, Liam Twigger.

About Darryl Cuzzubbo

Mr Cuzzubbo has extensive executive leadership experience in the global resources sector. He was most recently Chief Manufacturing and Supply Officer as well as Group Executive and President of Auspac Asia while at Orica Pty Ltd, joining Orica in 2015 after a 24-year career with BHP where he held senior positions including three years as President of Olympic Dam with responsibility for operations, expansion projects, and organization-wide transformational change programs. He has a broad international perspective, having experience in running operations across over 30 countries and has the ability to understand and work across diverse cultures to deliver results.

Darryl Cuzzubbo commented “I am honoured to lead SolGold at such an exciting time. As the globe transitions to net-zero emissions, it requires organisations like SolGold to meet the increasing shortfall in copper demand. To have identified such an extraordinary deposit at Cascabel and be currently making numerous exciting additional discoveries throughout Ecuador is a tribute to the organisation’s exploration team and past leadership. I look forward to working with the Board, Executive team and Investors as we progress through the next phase to unlock the incredible potential of SolGold for all stakeholders.”

About SolGold

SolGold is a leading resources company focusing on the discovery, definition, and development of world-class copper and gold deposits. In 2018, SolGold’s management team was recognised by the “Mines and Money” Forum as an example of excellence in the industry and continues to strive to deliver objectives efficiently and in the interests of shareholders. SolGold is aggressively exploring the length and breadth of this highly prospective and gold-rich section of the Andean Copper Belt which is currently responsible for c40% of global mined copper production.

The Company operates with transparency and in accordance with international best practices. SolGold is committed to delivering value to its shareholders, while simultaneously providing economic and social benefits to impacted communities, fostering a healthy and safe workplace and minimizing the environmental impact.

SolGold’s Regional Exploration Drive

SolGold is using its successful and cost-efficient blueprint established at Alpala, and Cascabel generally, to explore additional world-class copper and gold projects across Ecuador. SolGold is the largest and most active concessionaire in Ecuador.

The Company wholly owns four other subsidiaries active throughout the country that are now focussed on thirteen high priority gold and copper resource targets, several of which the Company believes have the potential, subject to resource definition and feasibility, to be developed in close succession or even on a more accelerated basis compared to Alpala.

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