James McDonald secure all the advantages for Kootenay Gold

In a meritocracy, the pure, rich cream floats to top. And 'where people are selected competitively according to merit, talent, motivation and commitment, based on the idea that positions of responsibility and prestige should be earned. Kootenay Gold and its team are an example of this, dass





Chief Executive Officer and Director James McDonald, 46, is one of the youngest in the role of director of the Canadian mining industry has a track record of 20 years. He started as a geologist in1983 at Noranda. Then he went to work Hemlo, where he met Richard Hughes, the mining law and the brain behind the discovery of Hemlo, one of the largest gold discoveries in the history of Canada. This experience seems to be the driving force behind his motivation huge. As McDonald put it in a presentation on the site appear Kootenay, "I bit the gold bugs [Hemlo]."





At the end of 1990 in close collaboration with Hughes, McDonald and Albert Matter formed NationalSecured the Mulatos gold deposit in Mexico and a joint venture with Alamos Minerals. McDonald Alamos Gold merged the two companies, the Mulatos mine that are still in production, open production of over 100,000 ounces of gold per year.





McDonald had other successes of White Knight, and Genco Resources (currently producing 1 million ounces of silver per year), where he served as president until 2006, when he resigned (still on board) to focus itsThe efforts on the construction of the Kootenay gold.





"Part of the reason for creating Kootenay Gold," he said, "is an opportunity to get together a team of people who had worked with everything on the basis of contracts. In this area the quality is not really allow people to are precious. If you put together a good team, you get good quality and you will make discoveries. You need the people. "





With Hughes as a director onBoard, and McDonald at the top, began to draw a line of key players in the industry and a strategy of exploration. McDonald says about education Kootenay Gold, "There is a family of exploration would be with different companies working on different jobs. I was always looking for the possibility of a society together in the middle of a good exploration company. Form"





McDonald and his team carefully selected the West Kootenay region, because they consider it asexplored very promising, but little. The mineralized belt, on the American side of the border, has produced over 6 million ounces of gold of high quality, but on the Canadian side was somewhat affected. McDonald to the Kennedys - a family of highly qualified seekers - in the Kootenays, where much work is knowledge. The results are at stake Kootenay region of mineralized 45 statements, each of which is a new discovery.





So, while generatingDiscoveries in BC Kootenay strategy is helping to finance joint ventures with junior exploration companies and implementation of exploration on these properties. The joint venture partners absorb some of the risk to Kootenay and Kootenay pay in cash and stock. The field, in this market sector, a capital city worthy. In other words, it is a win-win situation for Kootenay.





The best development for Kootenay Gold in the Kootenay region is so far the Jumping Josephine project, because thejoint venture with Astral Mining Corp. Astral has the right to acquire 60% in the property. Jumping Josephine Drilling recent reported July 12, 2007, returned 19 m of 7.01 g / t gold, including 5 m at 16.42 g / t gold. In an interview with talk show Smartstox Stanley Hunt, McDonald said, the potential for Jumping Josephine. "There is a high quality system ... you're on the second drilling cycle again. Personally, I think we are beginning to practice a resource now. Thisbegan as a prospect first. We have an advanced project in Mexico, which has been our flagship project, but the catch is. "





Northern Mexico has been the focus Kootenay. With the philosophy that is committed to the fundamental properties and then select the time, effort and money, McDonald and his team saw an opportunity in Mexico. Their belief is that northern Mexico's potential similar to that of Nevada in 1980 - has brought a period of Nevada, the thirdlargest gold producer in the world.





McDonald said authoritatively, "Mexico is already the second largest number of silver in the world. 'His position as number one again, probably in another year. This is a major producer of gold and you can also expect a Lots of base metals, copper, lead, zinc, and new discoveries from Mexico to see. "





He points out that in a 250 km route through the area where the Kootenay has staked 500,000 +Hectares, there were five new mines opened in the last six years, with two more under construction and two more in the feasibility stage. During this period, the area has boasted the discovery of 15,000,000 ounces of gold and 480 million ounces of silver.





In Mexico, once again, Kootenay has found an edge. Edges of different realities. Kootenay hired an Englishman named Dr. Tony Starling and his company Telluris Consulting Ltd. on satellite imagery and interpretation of the behaviorgeological structures over a large area of ​​the country. Starling spent 14 years in Mexico, working with some of the biggest names in mining.





McDonald said: "It 'a method developed an analysis to identify mineral systems from satellite imagery." The technology works with different wavelengths of reflected light to identify mineral systems, said McDonald. "If you do, without much skill and experience you will receive aMany things that are not associated with minerals ... You get a lot of distraction. "Present Based on the results, McDonald says, Starling has a success rate of 90%." And that makes things suddenly very efficient, instead of running around, he saw hundreds of targets, make the most of them are dealing with systems of minerals. We are here now and I would say that it is a success rate of 90%. "





For Kootenay, the result is that they were ablemore than 30 mineralized systems identified more than about 180,000 square kilometers, which "allows us to terminate prospective lot of ground very quickly in Mexico."





Use additional advantage - a relationship with a qualified mining exploration and efficient Kootenay 's were funded by Richard Hughes through Klondike Silver. Klondike earned the right to choose six properties from Kootenay claim package. Ken Berry, president of Kootenay Gold says"Richard Hughes has tremendous confidence in the ability to identify Jim McDonald, mineral projects, and develop a business. For this reason, confidence level, Richard Hughes is able to provide assistance through joint ventures Klondike Silver Kootenay and Amador."





Sun Kootenay has the people, connections, properties, technology, land positions, and financial structure. Smartstox host Stanley Hunt prompted McDonald stressed the advantage KootenayIn Mexico and McDonald agrees, "We have built a large infrastructure in Mexico. We have a regional office there. Locate the top of the learning curve. We know from there. For someone to go in New Mexico, is to take several months and a lot of dollars and we are getting established. They are created to do well over a year just to get started. We are optioning properties. You can own a property and start in a monthIt 'an agreement with Kootenay Gold. "





Kootenay major project in Mexico is now the flagship property, advanced, 100%, silver Promontory project. The historical data show the holes Promontory individual with 1 kg of silver over 5 m, 10 m, 15 m and an average silver content of 367 g / t. Reports also cite historical width of 20 m on average. McDonald is optimistic about the width, "You're going to have low costs, if you are able to pay a deposit can be found with this kind of breadth."Hughes is also positive. In a recent presentation, he stated unequivocally: "The Promontory, among other things, is a potential Baumeister And as Chad Buckland, who could not be with us today to be told - he is a mediator and a geological engineer - ". This is the type of properties that could make a real society. This gives a multi-dollar exposure ... And so I think you have a great project. "





Investors seem to agree. Kootenay parts roseto highlight the last month less than a dollar above the U.S. dollar and a quarter.





This article is for information purposes and are not recommendations to buy or sell shares of any company mentioned. It is based on sources believed to be reliable, but does not warrant the accuracy is expressed or implied. The opinions expressed in this article are the author's claims are provided to other persons that the author, inthis case the opinions are those of the person to whom they are attributed.

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