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New skipper at the helm of Timmins gold explorer

Joseph Ovsenek brings B.C. mine financing expertise to Central Timmins Exploration
Central Timmins 4
(Central Timmins Exploration photo)

A Timmins gold-seeking junior miner has a new boss at the helm. Joseph Ovsenek is the new president, CEO of Central Timmins Exploration Corp.

He was first brought aboard as board chair in mid-April.

Ovsenek comes off a nine-year stint at Pretivm Resources where he was the president-CEO in steering the financing and development of the high-grade Brucejack gold mine in northwestern British Columbia from the exploration stage.

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Before that, he spent 15 years in senior management at Silver Standard Resources, rising to the position of senior vice-president of corporate development, and assisting in the sale of Brucejack to Pretivm.

Ovsenek replaces Charles Gryba, who resigned last month but agreed to stay on as a technical consultant.

The Toronto-headquartered junior miner has four projects on the go within the city limits of Timmins, amounting to 13,500 hectares.

They're looking for extensions of gold systems to the north and south of the Porcupine Destor Fault Zone, the main area to explore for gold and base metals in the Timmins camp for the past 100 years.

Last summer, the company ran a 1,600-metre drill program in Deloro Township, with the best intercept yielding 3.29 grams per tonne of gold over a 6.35-metre length of core.