Newly formed Canadian gold producer Hemlo Mining has rounded out its executive team with a series of senior leadership appointments as it moves to integrate and optimise its recently acquired flagship asset in Ontario.

The TSX-V-listed company announced on Monday the appointment of legal, finance and technical executives, positioning the group to execute its growth strategy following the acquisition of the Hemlo gold mine from Barrick Mining.

Carl DeLuca has been appointed general counsel and corporate secretary, bringing more than 25 years of legal and public company experience. He most recently served as general counsel and corporate secretary of NYSE-listed Li-Cycle Holdings and previously held the same role at Detour Gold. Earlier in his career, DeLuca held senior legal positions within Vale’s global base metals business, including as head of legal for North American and UK operations. He currently serves as a director of Magna Mining.

Hemlo has also appointed Lindsay Newton as vice-president, finance. Newton brings nearly two decades of financial leadership experience across the mining and natural resources sector, having held senior roles at Li-Cycle Holdings, Sherritt International, Harte Gold, Detour Gold and Kinross Gold. She is a Chartered Professional Accountant and began her career at KPMG in Toronto.

Mike Tsafaras has joined the company as vice-president, engineering and projects. A mining engineer with close to 20 years’ experience across underground and openpit operations, Tsafaras has previously held senior roles at Hudbay Minerals and Barrick, and most recently served as director of mine planning and technical services at Eldorado Gold. 

Hemlo president and CEO Jason Kosec said the appointments materially strengthened the company’s execution capability.

“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,” Kosec said.

Hemlo Mining, formerly Carcetti Capital Corp., recently completed the acquisition of the Hemlo Gold Mine in Ontario from Barrick for aggregate consideration of about $1.1-billion. Located about 35 km east of Marathon, the operation has produced roughly 25-million ounces of gold since 1985 from a combination of underground and openpit mining.