Mining explorer appoints new president to lead its project in La Rioja

Mining explorer appoints new president to lead its project in La Rioja
Mining explorer appoints new president to lead its project in La Rioja

Sendero Resources appointed Panamanian Raymond D. Harari as president, who will focus on copper and gold exploration at the Peñas Negras project in Rioja.

10:35 | Wednesday June 5, 2024 | La Rioja, Argentina | Fenix ​​Multiplatform

Harari is the founder of Canalis Capital, a Panama-based commercial bank focused on disruptive industries. He specialized in medicinal cannabis and for years has been promoting the advancement of that industry in Panama and the rest of Latin America.

Additionally, he was a senior executive and board director of several publicly traded Canadian mining exploration companies. He served as president, CEO and director of Bald Eagle Gold Corp from March 2021 to August 2022, the predecessor of Hercules Silver Corp, and was instrumental in its transition from a Nevada-focused gold explorer to a company silver exploration in Idaho, culminating in a significant capital investment by Barrick Gold in 2023.

Harari graduated cum laude from the University of Pennsylvania with a BSE in systems engineering and a minor in business engineering and mathematics.

“I am honored to join Sendero as a senior executive at such a crucial time for the Company. Argentina represents an exciting opportunity for us with its rich mineral potential and favorable regulatory environment. I look forward to leveraging my experience to advance our exploration portfolio, foster strong community and stakeholder relationships, and create significant value for our shareholders,” said Raymond D. Harari, Chairman of Sendero.

The Peñas Negras Project has geological characteristics similar to other deposits in the Vicuña Belt and a group of porphyries and epithermal targets have been identified in the project.

The Company, through its wholly owned subsidiary, Barton SAS, holds ten granted mining concessions covering 120 km2 in the province of La Rioja, Argentina. It also has an option agreement to obtain an 80% interest in eight mining concessions covering 91.7 km 2 adjacent to the East of the Peñas Negras Project.


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