John Versfelt
What was the most fulfilling project you ever worked on, and why?
Personally, it was turning a junior exploration company into a drilling company, by acquiring three private drilling companies, with around 75 drills, which we expanded into Latin America, Europe and the USA. By doing so, we became an operating company with cash flow, who serviced exploration, development and producing mining companies. Corporately for Millennium, it was the Silver Peak property, where our initial drilling program resulted in an inferred resource of over 8 million silver ounces and 50,000 ounces of gold.
What has been the most memorable experience of your career?
Completing the Cabo $7.5 million financing to acquire three drilling companies and officially become a drilling company on July 1, 2004, after two and a half years of struggles and almost going bankrupt.