May 25, 2022

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Elim Mining Appoints Rodney Prokop, Main Economic Officer

3 min read

Elim Mining Appoints Rodney Prokop, Main Financial Officer

Elim Mining Included (“Elim Mining” or the “Company”), a non-public copper exploration and advancement firm, is pleased to announce that Mr. Rodney Prokop has been appointed Main Economic Officer. Mr. Prokop will be accountable for Elim Mining’s finance, accounting, business planning, tax, treasury, and price assurance functions. Mr. Llee Chapman retired from the Organization as CFO to spend extra time with his household.

John Antwi, President and CEO commented: “Rodney is an attained economical government, and so we are fired up that he has joined the group. His experience with governance, money structuring and capital marketplaces, in addition to his fiscal stewardship, will complement the team really well. Our group is finding out to restart the Cactus Mine, a earlier manufacturing porphyry copper venture, on private land in Arizona. His prior expertise in Arizona’s copper sector will support our research and development initiatives, inspite of his emphasis on keeping a robust equilibrium sheet for the firm.”

He continued, “On behalf of the Board and Management group, we would like to thank Llee for his stewardship in the course of our start off up and wish him properly with his wife and grandkids!”

Mr. Prokop brings to Elim Mining over 26 a long time of working experience in monetary management in the mining market, much more specifically in the copper business of Arizona. He was Chief Monetary Officer and Chief Compliance Officer for Cupric Canyon Cash LLC from 2010-2017 and Vice President of Trader Relations at Frontera Copper Corporation from 2008-2009. Prior to that, he was employed by Phelps Dodge Company for 16 a long time, in which he held positions of raising accountability in the economic spot, like assignments as Director of Corporate Financial Analysis, Assistant Treasurer and Director of Trader Relations. In addition, he served as Vice President of Finance for just one of Phelps Dodge’s production functions headquartered in Fort Wayne, Indiana.

Mr. Prokop obtained a Bachelors of Science diploma in Accounting from Minnesota Condition College – Moorhead and an MBA in Finance from Arizona Point out College. He is also a certified Accredited Public Accountant.

About Elim Mining Incorporated (www.elimmining.com | www.cactusmine.com)

Elim Mining is a non-public corporation that is constructing a scalable, multi-period, multi-billion pound copper porphyry undertaking on non-public land in Arizona. The Company is in the beginning targeted on source development of the Cactus Mine, which is a re-start out of the previous Sacaton mine, operated by ASARCO by 1984. Concurrently, the Firm is checking out the geologic district, like the Parks/Salyer Property. In addition to the in floor mineral likely, Elim Mining has finished a PEA on the mineralized stockpile, illustrating a run of mine heap leach operation that supplies $140 million in cumulative free of charge hard cash movement about 8 yrs, centered on a copper selling price of $2.82/lb. Elim is managed by mining executives with in excess of 210 years’ of put together experience in mine functions and company. With a background and name for strategically launching, revitalizing, and primary multi-million-dollar mining businesses, the team has achieved great progress and benefit for traders in a socially and environmentally dependable way.

John Antwi, President and CEO

775-340-2719

[email protected]

Alison Dwoskin, Trader Relations

647-233-4348

[email protected]

View resource model on businesswire.com: https://www.businesswire.com/news/property/20210107005085/en/

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