Who is Fair Haven & What is our vision?
Fair Haven’s ability to identify and acquire high quality mineral projects indicating potential for future mine development was realized in our first full year of operation in 2012 when we succeeded in optioning our initial property acquisition, the Goldenville Project, to Signal Gold (formerly Anaconda Mining), operators of the adjacent Pine Cove Gold Mine. This demonstrates our success in adding value for Fair Haven shareholders and our expertise in acquiring projects with upside potential.
Signal Gold (formerly Anaconda) acquired the Goldenville project because of its historical gold production and the opportunity to add to its gold resources in the area; Fair Haven retains a royalty interest against future gold production from the Goldenville Project.
Fair Haven offers an excellent opportunity for investment and adding shareholder value through joint venture agreements with mining companies for funding advanced exploration and development on its projects located in an active mining district.
- Operating from the centre of the most active mining district in insular Newfoundland (and one of the most active in Eastern Canada) positions the company to be a leader in acquiring and advancing high quality mineral projects.
- Local company highly experienced with a proven track record of exploring and advancing attractive exploration projects in mining friendly Newfoundland.
- Fair Haven is debt free and has very low administration, overhead and field exploration costs.
- A Management team with over 125 years of exploration and mining experience and a track record of acquiring and advancing quality projects.
- Fair Haven is dedicated to adding value for the investor and achieving a Return On Investment through sound fiscal management and delivering high quality projects in an established mining district.
- Fair Haven Project site is a former producing mines with a history of copper & gold production and next to operating copper and gold mines.
- Fair Haven works closely with multiple levels of government and local interest groups to enable exploration and development and to maximize socio-economic benefits.
Getting Results for our Shareholders
Being able to negotiate an agreement on the Goldenville Project with gold producer Signal Gold (formerly Anaconda Mining) of Baie Verte was a significant first step in creating downstream value for Fair Haven shareholders. The agreement requires Signal Gold (formerly Anaconda) to pay all exploration and development costs on the Goldenville Project and also pay a net smelter royalty to Fair Haven on any future production. Signal Gold (formerly Anaconda) has produced gold since 2011 from its Pine Cove Deposit and is now mining their second gold zone at the Stog’er Tight Deposit. These deposits and the mine complex at Pine Cove forms the hub of Anaconda’s operations in Newfoundland. Their Pine Cove site includes a 1280 tonnes / day grinding and flotation mill, crusher and other plant infrastructure allowing total ore processing. The Goldenville Project and the Rambler Project both with common property boundaries to the Signal Gold (formerly Anaconda’s) Mine & Milling Complex presents a highly strategic location next to a modern mine and mill complex, and these features add value to the Fair Haven projects.
Present Capitalization
Shares Issued: 7,381,162
Options Issued: NIL
Warrants Issued: NIL
Total Shares: 7,381,162 (fully diluted)
Debt: NIL
Operating Capital: The company has sufficient operating capital to sustain year-round operations
Victor French
President, COO, Director & Co-Founder
Victor French of Bay Roberts, NL holds B.Sc. and M.Sc. degrees in Geology, is a Registered Professional Geoscientist in Newfoundland and Labrador, a Fellow of the Geological Association of Canada, and a life member of the Prospectors & Developers Association of Canada. During a 50+ year career, he has worked in the mining industry as a senior manager in an open pit mining operation and as an exploration consultant to the industry with expertise in precious, base metals and magmatic sulphides exploration. He is also on the board of several NL based, private natural resource companies.
William Butler
Director
Mr. Butler of Bishop’s Falls, NL is the owner and operator of Hi-Point Industries, a highly successful peat producer and manufacturing business. In 2006 Mr. Butler was presented the Exporter of the Year Award by the Government of Newfoundland and Labrador in recognition of over 2 decades of servicing the International Petroleum Industry through a worldwide distribution network in 28 countries. He has also been the recipient of other awards from various organizations including the Manufacturing Association and Environmental Industry Association. With extensive experience in the prevention and control of environmental hazards, Mr. Butler’s expertise and products have helped mitigate environmental damage at major spills such as the Alaskan Valdez spill, the Iron Baron spill in Australia and a catastrophic spill in Uruguay.
Rex Simmonds
Director
Mr. Rex Simmonds formerly of St. Anthony, NL and now residing in St. John’s is a highly successful entrepreneur in the Newfoundland & Labrador Fishing Industry. Throughout his career Mr. Simmonds has been a leader in advancing fishing techniques and identifying new opportunities for processing and freezing fish products at sea. In 1998 he received the Innovator of the Year award in the fishing industry and was the first fisherman in Canada to hold a processing at sea license for an Inshore Vessel. From 2003 – 2007 he served as a member of the Marine Institute, Industry Advisory Board.
Mr. Simmonds has participated in the Newfoundland and Labrador fishing industry for over 35 years and is the owner of RS Marine Ltd. and Real-Time Ocean Data Services Ltd. principally involved with the harvesting of different fish species from the southern Grand Banks to the Davis Strait which he supplies to local and worldwide markets.
Crystal Mugford
Corporate Secretary
Crystal Mugford of Makinsons, NL holds an Honors Diploma in Business Management. Ms. Mugford has worked as an Office Manager & Corporate Secretary for 20 years and during those years has gained valuable knowledge in the Mining & Mineral Exploration Sector. Ms. Mugford has been a volunteer with the Girl Guides of Canada for 7 years with roles such as Treasurer, and Unit Guider.
Len Muise
Co-founder
Len Muise Bachelor Arts (Hons); Bachelor Voc. Ed; CET; LUATC; CNA has a diverse background in business and human resource management, financial planning, post-secondary education, mining and mineral exploration. He is a principal in several private exploration companies and has over thirty years of prospecting experience throughout Newfoundland. Mr. Muise has worked as a senior manager in an underground mining operation.
He was instrumental in developing and facilitating the popular two-week prospector training course sponsored by the NL Department of Natural Resources and was the lead instructor for the two-year Mineral Technology Program at the Stephenville Campus of the College of the North Atlantic.
David Hicks
Prospector Advisor
Mr. Hicks has a Degree in Electrical Engineering Technology and has worked in the Electrical Utility division with Newfoundland Power and Newfoundland Hydro for over 29 years. He has held positions in design, construction, planning and scheduling, responsible for operating budgets up $12M. Mr. Hicks is currently Manager of Work Execution and Operation for Transmission and Distribution in Newfoundland Hydro. Mr. Hicks has prospected throughout Newfoundland and Labrador with a record of identifying exploration projects of value and negotiating agreements with mining companies.
Dedicated to Newfoundland & Labrador and the Environment
Fair Haven Resources Inc. is a Newfoundland & Labrador incorporated company, dedicated to finding the balance needed to bring economic prosperity to the province and investors, while striving to minimize the health impact to the environment and Newfoundland & Labrador families. The management team is actively involved in the regulation and protection of the environment and an important part of Fair Haven’s Mandate is delivering exploration programs while finding a balance with the environment. We are proud of our track record which includes industry experience in all facets of mineral exploration, and both open pit and underground mining operations while meeting or exceeding all the legislative guidelines in place for exploration and mining projects.
Company President and COO Vic French has served as a member of several provincial committees for the environment and mining industry including the Wilderness and Ecological Reserve Advisory Council (WERAC), the Little Grand Lake Wilderness Reserve Advisory Council, the Pine Marten Resolution Committee, the Policies Committee for the Association of Professional Engineers & Geoscientists, the Mineral Advisory Council to the Minister of Natural Resources and Technical Liaison Committee for the Provincial & Federal Departments of Natural Resources. Fair Haven Resources consults with Mr. William Butler as an Environmental and Natural Resources Industry Advisor. Mr. Butler is the owner and operator of Hi-Point Industries, a manufacturer and provider of environmental products and services. In 2006 Mr. Butler was presented the Exporter of the Year Award by the Government of Newfoundland and Labrador in recognition of over 2 decades of servicing the International Petroleum Industry through a worldwide distribution network in 28 countries. He has also been the recipient of other awards from various organizations including the Manufacturing Association and Environmental Industry Association. With extensive experience in the prevention and control of environmental hazards, Mr. Butler’s expertise and products have helped mitigate environmental damage at major spills such as the Alaskan Valdez spill, the Iron Baron spill in Australia and a catastrophic spill in Uruguay.
