Sector Expert: George Paspalas
George Paspalas is the president & CEO of MAG Silver. He previously held chair and executive positions at several international corporations, including Aurizon Mines Ltd., Silver Standard Resources Inc., Sardinia Gold Mining SPA. and Placer Dome Inc., overseeing construction and operations throughout North and South America, Southeast Asia, Africa, Europe and Japan. Paspalas earned a Bachelor of Engineering (Chemical) degree with Honours from the University of New South Wales in 1984 and completed the Advanced Management Programme at INSEAD in France.
MAG Silver appears to have the Midas touch: Everything it drills turns up silver—with a gold byproduct and lots of zinc, lead and copper thrown in for good measure. MAG's first drill hole discovered the Juanicipio vein and hole #16 discovered the Valdecañas vein, both world-class deposits. In this interview with The Gold Report, MAG CEO George Paspalas discusses the company's JV in the Fresnillo Trend, the latest off-the-chart deep discoveries and where MAG goes from here.