Tiernan Strengthens Management Team, Hires James Connolly as Executive Vice President, Projects Ready to Announce with Confidence?
Vancouver, British Columbia--(Newsfile Corp. - May 5, 2026) - Tiernan Gold Corp. (TSXV : TNGD) ("Tiernan" or the "Company") is pleased to announce the appointment of James Connolly as Executive Vice President, Projects, effective May 12, 2026.
In this role, Mr. Connolly will lead all engineering and feasibility activities and be a cornerstone in advancing permitting activities for the Company's flagship Volcan Gold Project in Chile's prolific Maricunga Gold Belt. He will also build and lead Tiernan's internal project development team to ensure disciplined, on-schedule advancement through engineering, Environmental Impact Assessment ("EIA"), and into future execution phases.
"James is the proven project delivery leader Tiernan needs to execute on the Volcan opportunity and create real shareholder value," said Fausto Di Trapani, President and CEO, "With 25 years of hands-on experience advancing complex, multi-billion dollar gold, lithium, and base-metal projects from conceptual studies through feasibility, permitting, and execution, James has delivered exactly the technical and strategic results Volcan requires right now. His track record at Allkem, Vale, and Barrick, including direct experience in the 'Puna de Atacama' region of Chile and Argentina, will keep our engineering and EIA on track and on budget, and drive significant value addition through disciplined project execution and de-risking of Volcan."
About James Connolly
James Connolly is a Chemical Engineer with more than 25 years of international experience in mining, metals, and minerals processing across gold, copper, nickel, and lithium. Most recently, he served as Chief Technical Officer and Chief Project Development Officer at Allkem Ltd. (prior to its US$12 billion merger with Livent Corporation to form Arcadium Lithium), where he was accountable for project development, execution, technical services, exploration, and the successful advancement of multiple $500 million-plus projects.
Previously, he held senior leadership positions including Head of Projects and Capital Allocation at Vale Canada Inc., overseeing complex project portfolios and multi-billion-dollar annual capital deployment across North America, South America, and Asia-Pacific, and Vice President, Operational and Technical Excellence (and Project Evaluations) at Barrick Gold Corp.
Mr. Connolly has deep expertise across the full mining project lifecycle - from conceptual and prefeasibility studies to detailed engineering, permitting, construction, and operations. He brings direct project experience in the 'Puna de Atacama' region of Chile and Argentina, has built and led large international technical teams, and possesses specialized strengths in minerals processing and hydrometallurgy. These capabilities align directly with Tiernan's immediate priorities: delivering quality engineering and an EIA on schedule while establishing robust internal execution capacity at Volcan.
On behalf of Tiernan Gold Corp.
Fausto Di Trapani, CEO and Director
For further information visit tiernangold.com or contact:
Email: info@tiernangold.com
Toll-free phone: +1 (888) 926-2591
About Tiernan Gold Corp.
Tiernan Gold Corp. is focused on the disciplined de-risking of the Volcan Gold Project strategically located in the Atacama Region of Chile, on the Maricunga gold belt, a jurisdiction that has a long-established history of mining with a number of operating mines, new mines under construction and major projects being developed.
Cautionary Note Regarding Forward-Looking Information
This news release contains "forward-looking information" and "forward-looking statements" (together, "forward-looking statements") within the meaning of applicable securities legislation. All statements, other than statements of historical facts, are forward-looking statements. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "planning", "expects", "is expected", "continues", "budgets", "scheduled", "estimates", "forecasts", "predicts", "projects", "potential", "intends", "targets", "aims", "seeks", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions "may", "could", "should", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking statements are subject to various known and unknown risks, future events, conditions, uncertainties and other factors that may cause the actual results, performance or achievements to be materially different from any future results, predictions, projections, forecasts, performance or achievements expressed or implied by the forward-looking statements. Forward-looking statements in this news release include, but are not limited to, statements with respect to the timing, scope, design and results of the environmental impact study, engineering studies and permitting processes in connection with advancement of the Project.
Forward-looking statements are based on several material expectations and assumptions made by the Company's management, including but not limited to: the potential of the Project and the Company's plans regarding the anticipated exploration and advancement of the Project; the ability of exploration activities (including drilling) to accurately predict mineralization and the success of such exploration activities and results; estimates of reserves and resources; anticipated costs (including future mining and production rates) and estimates of capital and operating costs and other economics associated with the Project; expectations concerning future metals prices and the demand, stability and market outlook for metals, exchange rates, interest rates, tax laws and applicable royalty rates (if any); capital efficiencies; the legislative and regulatory environment of Chile; expectations regarding the availability of debt financing and the Company's ability to access capital on satisfactory terms; the Company's current and future financial condition; anticipated timing, sufficiency and results of capital expenditures; the potential for future metals production; and any other statements other than statements of historical facts.
Forward-looking statements are based on a number of assumptions and subject to a number of risks and uncertainties, many of which are beyond the Company's control. Such risks and uncertainties include, but are not limited to, the factors discussed under the heading "Risk Factors" in the Company's filing statement dated December 8, 2025 filed under its issuer profile on SEDAR+ at www.sedarplus.ca.
There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes.
Forward-looking statements contained herein are made as of the date of this news release and the Company disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or results or otherwise, except and as to the extent required by applicable securities laws.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/295886
Source: Tiernan Gold Corp.
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