DENVER--(BUSINESS WIRE)--
Royal Gold, Inc. (NASDAQ: RGLD; TSX: RGL) (together with its
subsidiaries, “Royal Gold” or “Company”), announces that its Board of
Directors has approved the promotion of Mark Isto to Vice President
Operations, effective July 1, 2016. Mr. Isto joined Royal Gold in 2015
and previously served as Executive Director, Project Evaluation.
Mr. Isto has 34 years of international experience in mining engineering,
mine management and project development. He held numerous management
positions in Placer Dome’s global operations, such as Mine General
Manager, Chief Engineer, Mine Superintendent, Project Director, and
Senior Advisor over a nearly 25 year career. From 2006 to 2012, he
served at the Vice President and Senior Vice President levels in the
Projects Group at Kinross Gold. Prior to joining Royal Gold, Mr. Isto
served as Vice President Operations for First Nickel.
In his expanded role, Mr. Isto will lead engineering and technical due
diligence activities related to new business development opportunities,
as well as lead the monitoring of Royal Gold’s current portfolio of
royalty and streaming interests.
“Mark has made significant contributions since joining the Royal Gold
team and we are fortunate to have access to his unique skill set and
depth of knowledge,” commented Tony Jensen, President and CEO. “I have
had the pleasure of working with Mark for much of his career and am
confident that his international experience in both surface and
underground operations will be a very important part of Royal Gold’s
senior management group and the future success of the company.”
Mr. Isto holds a Bachelor of Science degree in Mining Engineering from
the Montana College of Mineral Science and Technology as well as a
Master’s degree in Business Administration from the University of Nevada
– Reno.
Royal Gold is a precious metals royalty and stream company engaged in
the acquisition and management of precious metal royalties, streams, and
similar production based interests. The Company owns interests on 193
properties on six continents, including interests on 38 producing mines
and 24 development stage projects. Royal Gold is publicly traded on the
NASDAQ Global Select Market under the symbol “RGLD,” and on the Toronto
Stock Exchange under the symbol “RGL.” The Company’s website is located
at www.royalgold.com.
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Source: Royal Gold, Inc.