Douglas R. MacQuarrie, P.Geo.
A resident of Vancouver, Mr. MacQuarrie has 40 years' mineral exploration experience, including almost 30 years in West Africa. He has been responsible for the discovery, acquisition, and development of many significant gold deposits both in Canada and in Ghana. As the former CEO of PMI Gold Corporation, he oversaw the acquisition of all the PMI mineral titles including Kubi and Obotan (+ 5 million oz. gold deposit) prior to PMI being bought by Galiano Gold (formerly Asanko Gold/Keegan Resources) in 2013 in an all-share deal valued at CAD$183 million; the Galiano-Goldfields 50:50 JV mine is now in production at circa 220,000 oz per year. He has been responsible for raising over $45 million for exploration and development. Mr. MacQuarrie is a founder of Asante Gold Corporation, and the Managing Director of Goknet Mining Company Limited - a private Ghanaian exploration company he co-founded in the year 2000 with Ghanaian Nationals Godfried Kesse (former Director Ghana Geological Service), Thomas Ennison (LLB), and Eric Ewen (Canadian prospector and discoverer of Keegan Esaase orebody). He is a member of the Association of Engineers and Geoscientists of British Columbia, and also serves as an Independent Director at IC Capitalight Corp., which owns and operates Capitalight Research - a weekly and monthly subscription-based research company focused on the gold and silver commodity prices, Canadian preferred shares, bonds, and economics.