Amarillo Gold Corp. (TSX-V: AGC) (“Amarillo”) is pleased to announce the appointment of Colin Sutherland to the board of Amarillo as an independent director.
Buddy Doyle CEO and President commented, “I speak for all the board in welcoming Mr. Sutherland as a director of our company, he brings with him operational experience from his senior positions held in junior to intermediate gold producers. This is especially important to Amarillo as we progress towards building and operating the Mara Rosa Project.”
Colin is a Chartered Professional Accountant with over 20 years of financial and operational experience. Most recently he served as President of McEwen Mining Inc. During his tenure, the share price more than tripled, the Company grew its treasury, met operational guidance and improved its financial guidance. Immediately prior to McEwen, he was Managing Director and CEO of Archipelago Resources Plc, which operated a large producing gold mine in North Sulawesi, Indonesia. In 2013, Mr. Sutherland led the successful privatization of Archipelago, and continued to deliver significant returns to its shareholders. During his tenure gold production grew to 200,000 ounces per annum, and costs were significantly reduced. Mr. Sutherland has also held senior financial and executive roles with Timmins Gold, Capital Gold, Nayarit Gold and Aurico Gold.