Mr. Massa began his professional career at PricewaterhouseCoopers, after graduating as an accountant from the Universidad Catolica Argentina (UCA). Mr. Massa has worked as Controller at Minera Sud Argentina S.A., the Company’s operating subsidiary, and Minsud Resources Corp. for more than 10 years. Mr. Massa has been an instrumental part of each stage of Minsud’s development, including the going public transaction in 2011 and the subsequent development of the Company’s Chita Valley project. Mr. Massa also holds a degree in Business Administration from the UCA and a diploma in International Financial Reporting (IFRS) from the Association of Chartered Certified Accountants of England (ACCA). Mr. Massa is also director of Minera Sud Argentina S.A.
MINSUD RESOURCES CORP (TSX.V: MSR) is a mining exploration company established in 2003, listed on the Toronto Stock Exchange Venture since 2011 and it is mostly controlled by its Argentine directors and shareholders. The Company is run by its experienced Management team and overseen by a Board of Directors with solid technical and business background.
MINSUD is focused on exploring its flagship Chita Valley Project, in the Province of San Juan, Argentina. The Project has a resource estimation of 386 million pounds of copper, of which 310.8 million pounds are indicated resources (33.1 million tonnes @ 0.43%, plus Au+Ag+Mo) and 75.4 million pounds are inferred resources (8.6 million tonnes @ 0.40%, plus Au+Ag+Mo).
On November 1, 2019, MINSUD signed an earn-in agreement with South32 to explore the Chita Valley Project. Under the agreement, South32 has the option to earn a 70% interest in the Chita Valley Project upon contribution of exploration funds and a prefeasibility study. To maintain the option in good standing South32 must contribute minimum exploration funding of CAD$14 million over a 4-year option period.
MINSUD also owns La Rosita Project, a gold and silver early stage prospect located in Santa Cruz Province, Argentina, and is currently seeking for a JV partner to commence drilling exploration.
MINSUD’s management and employees maintain a strong awareness of responsibilities towards the local communities and the environment. Proper attention is given to ensure that all the exploration tasks are carried out strictly within the industry standards and the guidelines of the mining and environmental laws. The company prioritizes the use of local suppliers and contractors as well as the hiring of local employees to keep a close relationship with the community.
The board of directors and management believe in the importance of, and are committed to, corporate governance practices for the effective management of the Company, and for the protection of its stakeholders. Corporate governance is the set of processes, policies, laws and institutions affecting the way a corporation is directed, administrated or controlled. Corporate governance also includes the relationships among the many stakeholders involved and the goals for which the Company is governed.
President & CEO
Mario Alfaro Cortes
Exploration Vice President
Chief Financial Officer & Corporate Secretary