Seasoned trade pros attach fresh Canadian gold manufacturer, rounding out govt workforce.
TORONTO, Dec. 15, 2025 /PRNewswire/ – Hemlo Mining Corp. (TSXV: HMMC) (the “Company”), a fresh mid-tier Canadian gold manufacturer, is happy to announce key additions to its company management workforce.
Carl DeLuca, Basic Recommend and Company Secretary
Carl DeLuca has been appointed Basic Recommend and Company Secretary. Mr. DeLuca brings greater than 25 years of prison and community corporate enjoy, with a confirmed monitor report in executing business-critical transactions and using organizational exchange. He maximum just lately served as Basic Recommend and Company Secretary of Li-Cycle Holdings Corp., an NYSE-listed EV battery recycling corporate, from 2021 to 2025. Previous to Li-Cycle, Mr. DeLuca held the similar function at Detour Gold Company, a TSX-listed gold manufacturer, and previous served in diverse senior prison positions at Vale S.A.’s world bottom metals employment, together with Head of Felony for North American & U.Okay. Operations. He’s these days a director of Magna Mining Corp. (TSXV: NICU). Mr. DeLuca started his profession in personal observe in Toronto and Unutilized York. He holds an LL.B. from the College of Windsor, an H.B.A. from the Ivey College of Trade at Western College, and a B.A. from Huron College School.
Lindsay Newton, Vice President, Finance
Lindsay Newton has been appointed Vice President, Finance. Ms. Newton brings just about twenty years of monetary management enjoy within the mining and herbal sources sector, with experience spanning monetary reporting, treasury and money control, monetary making plans and research, insurance coverage and possibility control, inner controls, tax, and regulatory compliance. She has held senior finance roles at a number of community firms, together with Li-Cycle Holdings Corp., Sherritt Global Company, Harte Gold Corp., Detour Gold Company, and Kinross Gold Company. Ms. Newton started her profession at KPMG LLP in Toronto. She is a Chartered Skilled Accountant (CPA, CA) and holds an Honours Bachelor of Science level from the College of Toronto.
Mike Tsafaras, Vice President, Engineering and Tasks
Mike Tsafaras has been appointed Vice President, Engineering and Tasks. Mr. Tsafaras is a Mining Engineer with just about twenty years of enjoy in each underground and open-pit operations. He has held senior engineering and management roles with Hudbay Minerals, Barrick, and maximum just lately served as Director of Mine Making plans (Technical Services and products) at Eldorado Gold. Mr. Tsafaras brings intensive experience in mine making plans and engineering, supported through a robust report in world operations, technical management, and strategic making plans. He’s a certified Skilled Engineer with Skilled Engineers Ontario and holds a BASc in Mineral Engineering from the College of Toronto.
Jason Kosec, President and CEO of Hemlo Mining Corp. commented:
“The appointments of Carl DeLuca, Lindsay Newton, and Mike Tsafaras materially enhance our legal, financial, and technical capacity to execute. We will continue to add to our executive team in the new year to ensure we have the depth and capability required for long-term success. With this team in place, Hemlo is positioned to deliver sustained value.”
About Hemlo Mining Corp.
Hemlo Mining Corp. (prior to now Carcetti Capital Corp.) just lately closed the purchase of the Hemlo Gold Mine in Ontario, Canada from Barrick Mining Corp. for mixture attention of roughly US$1.1 billion. The Hemlo Gold Mine is positioned 35 kilometers east of town of Marathon, Ontario and has produced roughly 25 million oz. of gold from each underground and available pit operations since manufacturing started in 1985. The Corporate is shopping to determine itself as a prominent Canadian mid-tier growth-focused gold manufacturer, with a right away center of attention on maximizing the price of the Hemlo Gold Mine’s current infrastructure via a fit-for-purpose running way, future unlocking fresh alternatives via an competitive brownfields exploration.
Neither the TSX Project Change nor its Regulatory Services and products Supplier (as that time period is outlined within the insurance policies of the TSX Project Change) accepts duty for the adequacy or accuracy of this leave.
Ahead-looking Statements
This record incorporates positive forward-looking data and forward-looking statements inside the which means of acceptable securities regulation (jointly “forward-looking statements”). The utility of phrases corresponding to “expects”, “anticipates”, “plans”, “will,” “may”, “should” and indistinguishable expressions are supposed to spot forward-looking statements. Ahead-looking statements contained on this press leave come with statements relating to: the Corporate’s prison, monetary and technical capability to explode and ship sustained price; and the Corporate’s objectives, plans, loyalty, goals and techniques.
Those forward-looking statements are equipped as of the hour of this information leave, or the efficient hour of the paperwork referred to on this information leave, as acceptable, and mirror predictions, expectancies or ideals relating to moment occasions according to the Corporate’s ideals on the hour the statements had been made, in addition to diverse suppositions made through and knowledge these days to be had to them. In making the forward-looking statements incorporated on this information leave, the Corporate has carried out a number of subject material suppositions, together with, however no longer restricted to: the a hit integration of the Hemlo mine; the moment value of gold; expected prices and the Corporate’s skill to investmrent its techniques; the Corporate’s skill to hold on exploration, construction, and mining actions; foreign money trade charges residue as estimated; costs for power inputs, labour, fabrics, provides and products and services residue as estimated; the timing and result of operational plans; mineral stock and mineral useful resource estimates and the suppositions on which they’re based totally; the well timed receipt of required approvals and allows; the timing of money flows; the prices of operations; the Corporate’s skill to perform in a secure, environment friendly, and efficient way; the Corporate’s skill to procure financing as and when required and on cheap phrases; that the Corporate’s actions will probably be according to the Corporate’s community statements and said objectives; and that there will probably be refuse subject material antagonistic exchange or disruptions affecting the Corporate or the Hemlo mine. Because of this, there will also be refuse commitments that such statements will turn out to be correct and unedited effects and moment occasions may fluctuate materially from the ones expected in such statements.
We warning readers to not playground undue reliance on those forward-looking statements. Ahead-looking statements contain important identified and unknown dangers and uncertainties, which might motive unedited effects to fluctuate materially from the ones expected. Those dangers come with, however don’t seem to be restricted to: unsureness and permutations within the estimation of mineral sources and mineral reserves; dangers homogeneous to the Corporate’s expected indebtedness and gold tide tasks; dangers homogeneous to exploration, construction, and operation actions; political dangers, delays in acquiring or failure to procure governmental allows, or non-compliance with allows; environmental and alternative regulatory necessities; uncertainties homogeneous to identify to mineral homes; H2O rights; dangers homogeneous to herbal screw ups, terrorist acts, fitness crises, and alternative disruptions and dislocations; financing dangers and get right of entry to to alternative capital; dangers homogeneous to steerage estimates and uncertainties inherent within the preparation of pre-feasibility research; unsureness in estimates of manufacturing, capital, and running prices and doable manufacturing and price overruns; the fluctuating value of gold; unknown liabilities in reference to the purchase of the Hemlo mine; world monetary statuses; uninsured dangers; shape exchange dangers; pageant from alternative firms and people; conflicts of pastime; volatility out there value of the Corporate’s securities; the Corporate’s restricted running historical past; litigation dangers; the Corporate’s skill to finish, and effectively combine the purchase of the Hemlo mine; intervention through non-governmental organizations; outdoor contractor dangers; dangers homogeneous to ancient information; dangers homogeneous to the Corporate’s accounting insurance policies and inner controls; shareholder activism; and alternative dangers related to executing the Corporate’s goals and techniques.
With the exception of as required through the securities disclosure regulations and rules acceptable to the Corporate, the Corporate undertakes refuse legal responsibility to replace those forward-looking statements if control’s ideals, estimates or evaluations, or alternative components, will have to exchange.
SOURCE Hemlo Mining Corp.
