Strategem Appoints New Director
June 23 2011 - 6:01PM
Marketwired Canada
Strategem Capital Corporation ("Strategem" or the "Company") (TSX VENTURE:SGE)
is pleased to announce that, effective June 16, 2011, Marc Blythe has joined the
Company's board of directors.
A brief biography of the newly appointed director is as follows:
Mr. Blythe has a Master of Business Administration from La Trobe University in
Melbourne and a Bachelor of Mining Engineering degree from the Western
Australian School of Mines.
Mr. Blythe is currently and has been since July 2007, CEO, President and
Director of Tarsis Resources Ltd. He was Corporate Senior Mining Engineer for
Placer Dome Inc. based in Vancouver from 2004 until 2006, where he completed
internal and external mine evaluation, including advising on potential
acquisitions and mining technology implementation.
While working for Auriongold (which was acquired by Placer Dome), Mr. Blythe led
the successful completion of a Bankable Feasibility Study on the Raleigh Mine,
Kalgoorlie, Australia, which is now in production and owned by Barrick Gold. Mr.
Blythe developed a novel mining method which was successfully adopted and the
mine has exceeded production forecasts estimated in the Feasibility Study. The
mine produces in excess of 100,000 ounces of gold annually.
Prior to this, Mr. Blythe completed the internal Feasibility Study for the
Bullant Mine, Kalgoorlie, Australia. Previous studies had indicated that the
mine was sub-economic. The mine which was initially scheduled to last just 18
months, has been in continuous production since 2002 and now has a projected
mine life of approximately two years. The mine is owned by Barrick Gold and
produces approximately 50,000 ounces of gold annually.
Mr. Blythe holds a Western Australian First Class Mine Manager's Certificate of
Competency and has managed mines for both Placer Dome and WMC Resources
(formerly Western Mining Corporation).
Mr. Blythe is a third generation prospector.
About Strategem Capital Corporation
Strategem Capital Corporation is a publicly-traded merchant bank specializing in
the development of emerging companies with above average growth potential. The
current focus is on companies that explore and develop precious or base metals.
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