Management

Darren Morcombe

Executive Chairman

Mr. Morcombe joined Foran in mid-2010 and was appointed Chairman shortly thereafter. Mr. Morcombe has more than 20 years of international experience in a variety of roles in in the natural resource sector. This includes over 10 years in senior roles with Normandy Mining and Newmont Mining Corporation in the areas of financing, treasury, mergers and acquisitions.

Mr. Morcombe is the founder of Springtide Capital Pty. Ltd., a private investment company specializing in micro-cap listed companies, venture capital and resource-oriented companies. He was Chairman and a major shareholder of European Gold Refineries SA, Europe’s largest gold refinery, and Director of AGR Matthey, one of the world’s largest gold refineries. He retired from this position in 2008 and these businesses are now owned by Newmont Mining Corporation. Mr. Morcombe is a major shareholder of several public companies.


Patrick Soares, B.Sc. (Hons.), P.Geo.

President, CEO, & Director

Mr. Soares was appointed President and CEO of Foran Mining Corporation and a member of the Board of Directors in November, 2010. Previously, Mr. Soares served as the President and CEO of Brett Resources Inc., which was acquired by Osisko Mining Corp. in May, 2010.

Mr. Soares holds a B.Sc. (Hons.) from the University of British Columbia and is a Professional Geoscientist with APEGBC. Mr. Soares began his professional career in 1983 as an exploration and mine geologist in northern Canada. Subsequently, he worked in the field of investor relations and corporate development, and held positions with Sutton Resources Ltd. (acquired by Barrick Gold in 1999), EuroZinc Mining Corp. (now part of Lundin Mining Corporation) and Aurizon Mines Ltd. Mr. Soares was the Chairman of SnipGold Corp. (acquired by Seabridge Gold in June 2016).


Tim Thiessen, B. Comm., CA

CFO

Mr. Thiessen has over 18 years of international experience in public accounting and the mining industry. Previously he was CFO of Aurcana Corporation, a TSX.V-listed mining company with silver-copper-zinc operations in Mexico and a silver development project in Texas. In this role he oversaw the accounting and finance departments and played a key role in growing Aurcana’s market capitalization. Previously he was domiciled in the Cayman Islands as VP of Finance for TSX-listed Endeavour Financial Ltd., an advisory firm in the mining industry. He has also held positions as controller for Endeavour Mining Capital Corp., corporate accountant for several off-shore subsidiaries of Silver Wheaton Corp. and as an auditor for Deloitte LLP with a focus in the mining and financial services industries.

Mr. Thiessen is a graduate of the University of Manitoba and is a member of the Canadian Institute of Chartered Accountants.


Roger March, B.Sc. (Hons.), P.Geo.

Vice President, Project Exploration

Mr. March has almost 25 years of progressive exploration and project management experience, focused mainly on the design, implementation and supervision of advanced exploration programs. In his prior role as Senior Project Geologist at Cumberland Resources, Mr. March spent 11 years as part of the team responsible for the completion of prefeasibility and feasibility level studies for the Meadowbank Gold Project, including resource increases from 0.8 million to over 4 million ounces of gold. He has multi-commodity exploration experience and has held positions with Inco, Redfern Resources, Lac Minerals and the Newfoundland and Labrador Department of Mines and Energy.

Mr. March has extensive experience integrating exploration with geotechnical, metallurgical and environmental programs for project development, and is using this background to advance the exploration and development of the McIlvenna Bay Project.

Mr. March is a Professional Geoscientist with the PEGNL and holds a B.Sc. (Hons.) from Memorial University.


Dave Fleming, B.Sc., P.Geo.

Vice President, Exploration

Mr. Fleming has over 35 years’ experience in the generation, management and implementation of successful mineral exploration throughout North America. He began his career with Amax Minerals/Canamax Resources Inc., an exploration group responsible for Yukon exploration and development at the Ketza River Gold Mine and Sa Dena Hes zinc-lead-silver mine. Mr. Fleming has worked with several major mining companies, including Cyprus Canada, Kennecott Canada and Billiton Metals. More recently, he was part of exploration and development at the Meadowbank Gold Deposit from exploration to feasibility stage with Cumberland Resources Ltd. (acquired by Agnico-Eagle Mines Ltd. in 2007).

Using his background in district and regional scale exploration, Mr. Fleming is focused on the advancement of both McIlvenna Bay and Foran’s other properties in Saskatchewan and Manitoba.

Mr. Fleming is a Professional Geoscientist with the APEGBC and holds a B.Sc. from the University of British Columbia.


Connie Norman

Corporate Secretary

With 15 years’ experience in corporate governance and over 30 years in corporate administration, Ms. Norman has worked with provincial governments, large corporations and small- to mid-cap public companies. She successfully completed the Canadian Securities Course in 2007 and obtained a diploma in Computer Science in 1984.


Marian (Mike) Koziol, B.Sc., P.Geo., P.Eng.

Technical Consultant

Mr. Koziol was appointed as a Technical Consultant to Foran Mining Corporation in February, 2013. He is an experienced and highly successful geologist, with over 30 years in the mining and exploration industry and a number of Canadian base and precious metal discoveries to his credit, including the McIlvenna Bay deposit. Mr. Koziol is a graduate of McGill University and is a member of the APGO and the APEO.

Mr. Koziol has served as the President and a Director of Alto Ventures Ltd. since 2004. Previously, he held technical positions with the Saskatchewan Mining Development Corporation and subsequently Cameco Gold Inc. from 1978 to 2002.


Page Last Updated: Dec 16, 2015