Orbec Appoints John Tait as CEO Amid Strategic Leadership Changes

Blue Thunder Mining ( (TSE:BLUE) ) has shared an update.

Orbec has appointed Mr. John Tait as the new CEO and Director, effective February 27, 2025, succeeding Mr. Dorian L. Nicol, who will continue as an advisor. Mr. Tait brings over 25 years of mining exploration experience, including a significant role in the sale of Gold Eagle Mines Limited to Goldcorp Inc. The company aims to leverage Mr. Nicol’s geological expertise to identify a sizeable gold deposit at its Muus property, which is strategically located near IAMGOLD’s Nelligan gold deposit. This leadership change is expected to enhance Orbec’s strategic positioning in the mining industry and benefit its shareholders.

More about Blue Thunder Mining

Orbec is a gold company that owns 100% of a large and highly prospective mineral claim position near Chibougamau, Québec. The Muus Project covers approximately 25,250 hectares in the northeastern part of the Abitibi Greenstone Belt, and is prospective for gold mineralisation. It is adjacent to and on strike with IAMGOLD’s 8.3 million oz Nelligan Gold Project. Orbec has announced that exploration of the Muus Gold Project will advance in technical collaboration with IAMGOLD, which owns approximately 8.3% of the Company.

YTD Price Performance: -27.50%

Average Trading Volume: 15,063

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $3.18M

See more data about BLUE stock on TipRanks’ Stock Analysis page.