Corporate

Red Moon Potash MapRed Moon Potash Inc. is a subsidiary of Vulcan Minerals Inc. (www.vulcanminerals.ca). The company was listed on the TSX Venture Exchange in August, 2012.

Vulcan discovered a salt and potash mineralized horizon in the Bay St. George basin of western Newfoundland during the course of petroleum exploration. This discovery allowed Vulcan to explore opportunities outside of petroleum exploration, which lead to the spin-out of Red Moon and the creation of the Captain Cook salt/potash project. Though initial drill results were favourable for potash, follow-up drilling indicated that the area immediate to the discovery hole was more prospective for salt than potash. Drilling in 2013-2014 confirmed the extensive lateral and vertical continuity of evaporite mineralization. In the autumn of 2015, Red Moon commissioned a 43-101 Mineral Resource Estimate to determine the scope of the salt resource on the Captain Cook salt project; ultimately this and subsequent evaluation will allow Red Moon to determine the economic feasibility of developing this property into a salt mine. In addition to the Captain Cook project, Red Moon owns claims further south that contain historical potash exploration holes, which Red Moon will use as a basis for future potash exploration in the Bay St. George basin.

 

Board of Directors

Patrick J. Laracy, LL.B., P.Geo

Mr. Laracy is President, CEO and Director of Vulcan since 1995 and has extensive experience as both a Professional Geologist and lawyer. He is a graduate of Memorial University of Newfoundland (B. Sc. Hons. 1981) and the University of Calgary (LL.B.1988). He is a director of the Mining Industry Newfoundland and Labrador. Mr. Laracy is a member of the Professional Engineers and Geoscientists of Newfoundland and Labrador and has 30 years of both domestic and international experience in the petroleum and mineral exploration business in various management, technical and operational capacities.

William D.B. Koenig, CFA, CMA

Mr. Koenig is a Director of Vulcan since 2004 and has been a Natural Resources Portfolio Manager with several large Canadian investment funds. With a strong background in natural resource analysis, he has directed over $1 billion in exploration funding to small cap sized companies. With over 20 years of industry experience, he is well known for his work in the early identification of companies in the energy sector with growth and investment potential. Mr. Koenig provides the Company with resource financial expertise and an extensive industry network.

Dr. Rex V. Gibbons, Ph.D.

Dr. Gibbons is a Director of Vulcan since 2007 and retired as Senior Vice-President of Jacques Whitford Group, a privately owned engineering and scientific consulting firm, based in St. John’s Newfoundland in 2007. He is a former Minister of Mines and Energy for the province of Newfoundland and Labrador (1989-1997) and was instrumental in ensuring that modern petroleum regulations were put in place to encourage exploration in western Newfoundland. He holds a Ph.D. in Geology from the California Institute of Technology (Caltech) and has received many academic and industry awards throughout his career. Dr. Gibbons has a rare blend of experience both in petroleum exploration and development as well as mineral exploration and development.

(Frederick) Carson Noel, B.Comm., LL.B., M.B.A.

Mr. Noel is a business consultant and former Vice President of Dalradian Resources Inc., a publicly traded company based in Toronto, Ontario & currently developing a high grade gold deposit in Northern Ireland. His proven leadership and extensive experience as a lawyer and businessman, managing high profiled companies has taken him around the world in various capacities from exploration to development. His extensive career in the minerals sector since the early 1980’s led him to become the founding Director and Past President of the Ecuador-Canada Chamber of Commerce and the Past Director of the Ecuadorian Chamber of Mines.

Dr. Edna Turpin, Ed.D, ICD.D

Dr. Turpin is an educational professional with a diverse background in marketing and psychology. She holds a Doctorate in Education and credentials in various related fields including Vice Chair of the Institute of Corporate Directors in Newfoundland and Labrador. She devotes significant time to community and volunteer work through fundraising and board participation. She has held numerous board positions including terms with the Canadian Broadcasting Corporation/Radio Canada and Newfoundland and Labrador Hydro Corporation. Dr. Turpin has received recognition both nationally and internationally for her professional accomplishments.

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