Cambria Gold Names Cleveland Rueckert VP (USA) Ahead of Mt. Margaret Spinout

FULL DISCLOSURE: This is sponsored content for Cambria Gold Mines.

Cambria Gold Mines (TSXV: CAMB) has named Cleveland Rueckert as Vice-President (USA), the latest hire as the company assembles a management team to push its Mt. Margaret copper-gold project toward a planned spinout.

Rueckert arrives with two decades in capital markets experience across investment management, equity research and investor relations. He most recently led investor relations at Barrick Mining Corporation, where he handled communications around the company’s Fourmile project.

Earlier, Rueckert spent years in equity research at UBS, finishing as an executive director covering metals and mining as well as paper and packaging across North and South America. He began his career at Birinyi Associates and holds an MBA from NYU’s Stern School of Business and a degree from the University of Vermont.

RELATED: Cambria Gold Hits 483 g/t Gold in First Underground Infill Results at Premier

At Cambria, Rueckert will steer capital markets work, marketing, stakeholder engagement, financial modelling and project financing, while weighing corporate strategy and potential M&A.

His appointment follows two earlier additions. David Thomas, named Vice-President Projects (USA), brings more than 40 years across the resource sector, with senior roles at Newmont, Nordgold, Coeur Mining and Ausenco; he is slated to become chief project officer of the spinout entity. Orla Abrahams joined as Community Relations Coordinator (USA), drawing on more than a decade in stakeholder engagement and business development spanning Europe, Africa and North America.

The hires support a plan first laid out in April, when Cambria said it intended to carve Mt. Margaret out into a separate, U.S.-focused listed company. The asset is a calc-alkaline copper-gold porphyry system that earlier operators drilled extensively.

Cambria has said further detail on the proposed spinout is expected soon.

Cambria Gold Mines last traded at $1.04 on the TSX Venture.

FULL DISCLOSURE: Cambria Gold Mines is a client of Canacom Group, the parent company of The Deep Dive. Canacom Group is currently long the equity of Cambria Gold Mines. The author has been compensated to cover Cambria Gold Mines on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.
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