Nordgold strengthens senior management team with appointment of Howard Golden as Exploration Director

Amsterdam, Netherlands, April 2, 2015 – Nord Gold N.V. (“Nordgold” or the “Company”, LSE: NORD), the internationally diversified low-cost gold producer, is pleased to announce that it has appointed Howard Golden to the new role of Exploration Director.

Mr. Golden has over 24 years’ experience in the mining industry, across six continents. He has worked with some of the largest mining operators in the world and played a pivotal role in the discovery of the Syama, Oyu Tolgoi, Agbaou and West Musgrave ore deposits.

Most recently, Mr. Golden was the General Manager, Exploration of Rio Tinto, responsible for discovering or acquiring resources in Central and West Africa. Prior to Rio Tinto, he spent three years at Kinross Gold Corporation in Russia, where amongst other tasks, he was responsible for increasing the company’s gold reserves through the discovery, identification, acquisition, and economic evaluation of gold deposits in Russia. With this proven track record of working in Russia, West Africa, Australia and North America he has experience of leading exploration programmes in different climates, conditions and regulatory regimes. He also brings with him direct knowledge of the markets in which Nordgold is focused.

Nordgold has continued to strengthen and internationalise its senior management team in the past 18 months. The appointment of Mr. Golden follows that of Louw Smith and Philip Engelbrecht as COO and Director of Metallurgy respectively.

Mr. Golden holds a degree in Behavioural Science from the University of Utah and masters degree in Geophysics from the University of Leeds.

“I am delighted Howard has agreed to join Nordgold. He brings with him a wealth of experience and a superb track record, as well as direct understanding and knowledge of our target markets. Howard will be instrumental in delivering on our ambitious exploration programme, extending our resource base and developing our existing pipeline of high quality greenfield projects which will underpin Nordgold’s cash generation long into the future.” Nikolai ZelenskiChief Executive Officer of Nordgold

About Nordgold

Nordgold (LSE: NORD) is an internationally diversified low-cost gold producer established in 2007 and publicly traded on the London Stock Exchange. The Company has expanded rapidly through carefully targeted acquisitions and organic growth, achieving a rate of growth unmatched in the industry during that period. In 2014, Nordgold’s gold production increased to 985 koz from 924 koz in 2013.

The Company operates 9 mines and has 2 development projects, 4 advanced exploration projects and a diverse portfolio of early-stage exploration projects and licenses in Burkina Faso, Guinea, Russia, Kazakhstan, French Guiana and Canada. Nordgold employs about 10,000 people.


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