Mines alumnus Timothy Haddon honored with Alacer Gold Faculty Chair

GOLDEN, Colo., Dec. 9, 2013 – Colorado School of Mines is pleased to announce that Alacer Gold Corp. has established an endowed faculty chair in mining engineering in honor of Timothy J. Haddon at the university. The Timothy J. Haddon/Alacer Gold Chair in Mining Engineering is the first ever named faculty position in the Department of Mining Engineering, Mines’ original academic department at its founding in 1874.

“The Haddon/Alacer Chair in Mining Engineering will be a highly visible position in our historical area of strength, and will help the university attract and retain experts who will educate future generations of industry leaders and inspire innovative research across disciplines,” said Mines President M. W. Scoggins. “Alacer’s naming of this faculty position for one of our most dedicated alumni is a fitting honor for all that Tim has done and continues to do for this institution.”

Haddon served on the Alacer Gold Corp. Board of Directors as chairman of the board, and as a nonexecutive director of the corporation. He is currently president and CEO of International Natural Resource Management Company, chairman of Thompson Creek Metals Company and a director of International Tower Hill Mines. Haddon has more than 35 years of experience in the mining industry, and has been broadly recognized for his expertise. Colorado School of Mines awarded him its Distinguished Achievement Medal in 1993, and Haddon currently serves on the Mines Board of Trustees and on the university’s Mining Department Visiting Committee. He is an honorary member of the CSM Foundation Board of Governors and currently co‐chairs the university’s $350 million Transforming Lives campaign. Haddon earned his bachelor’s degree in mining engineering at Colorado School of Mines in 1970 before embarking on a successful career in mining and mineral development.

A search to fill the Timothy J. Haddon/Alacer Gold Chair in Mining Engineering position is now under way.

Background:
Alacer Gold Corp. is a leading intermediate gold mining company. Alacer’s world‐class operation is the Çöpler Gold Mine in Turkey. Alacer has 14 active exploration projects in Turkey which are 50%/50% joint ventures with our Turkish partner Lidya Mining. The Çöpler Gold Mine is operated by Alacer and is 80% owned by Alacer. Çöpler is located in the eastern part of Turkey, roughly 550km east of Ankara and 120km southwest of the city of Erzincan. Çöpler is an epithermal gold deposit, centered on a composite diorite to monzonite porphyry stock that has intruded into the surrounding metasediments and limestone‐marbles. Crossing these units are two main parallel east‐northeast striking faults with smaller northeast/northwest striking faults between them, providing a permissive environment for the hydrothermal mineralization. Mineralization at Çöpler occurs in both oxide and sulfide forms, amenable to conventional open pit mining.

Colorado School of Mines is a uniquely focused public research university dedicated to preparing exceptional students to solve today’s most pressing energy and environmental challenges. Founded in 1874, the institution was established to serve the needs of the local mining industry. Today, Mines has an international reputation for excellence in engineering education and the applied sciences with special expertise in the development and stewardship of the earth’s resources. Learn more at mines.edu.

Contact:
Trisha Kendall, Director, Donor Relations & Communications / 303‐273‐3526 / TKendall@mines.edu

Karen Gilbert, Director of Public Relations / 303‐273‐3541 / KGilbert@mines.edu