Northwire Canada EditionWednesday, November 4, 2026
Northwire
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Gold 3,940.40 −0.7% Silver 49.75 −2.2% Copper 6.41 −2.4% Oil 96.76 +0.3% Palladium 930.00 −4.0% MSA 8.73 +1.2% GGL 0.145 +0.0% MAU 14.45 +0.3% EMO 0.220 +0.0% EOX 0.060 +0.0% PMET 2.99 −2.3% SVM 11.14 −2.5% NUAG 6.82 +0.1% STGO 1.35 +1.5% TFPM 39.56 −2.0% REE 0.030 +0.0% PNTR 0.330 +0.0% SSRM 36.56 −2.4% NGEX 20.85 +2.9% DML 2.96 −0.3% DOS 0.020 +0.0% Gold 3,940.40 −0.7% Silver 49.75 −2.2% Copper 6.41 −2.4% Oil 96.76 +0.3% Palladium 930.00 −4.0% MSA 8.73 +1.2% GGL 0.145 +0.0% MAU 14.45 +0.3% EMO 0.220 +0.0% EOX 0.060 +0.0% PMET 2.99 −2.3% SVM 11.14 −2.5% NUAG 6.82 +0.1% STGO 1.35 +1.5% TFPM 39.56 −2.0% REE 0.030 +0.0% PNTR 0.330 +0.0% SSRM 36.56 −2.4% NGEX 20.85 +2.9% DML 2.96 −0.3% DOS 0.020 +0.0%
Management

North Valley Resources Announces Leadership Changes

NVR · Price

Executive Summary

  • North Valley Resources appoints Cameron Dorsey as Chief Executive Officer, effective March 17 2026, succeeding Ken Ellerbeck.
  • The new CEO brings 15+ years of mining exploration experience and a proven capital‑markets track record, positioning the company for the next growth phase at its Comstock copper‑gold project.
  • Outgoing directors Ken Ellerbeck and Robert Thompson will not seek re‑election; their board terms end at the upcoming annual general meeting.

Key Details

  • CEO Appointment: Cameron Dorsey, geologist with extensive North American exploration experience (including VP of Exploration at Golden Sky Minerals), assumes the role of CEO on March 17 2026.
  • Outgoing CEO: Ken Ellerbeck steps down after serving as CEO since 2020; remains involved as CFO and Director.
  • Strategic Rationale: Leadership transition aligns with advancement of the Comstock Project into a new growth stage, requiring deeper technical expertise.
  • Board Changes: Ken Ellerbeck and Robert Thompson will not stand for re‑election at the next AGM; their board seats will be filled by successors elected at that meeting.
  • Company Focus: Continued execution of disciplined exploration at the fully permitted Comstock Project to unlock copper and gold potential and move toward a mineral resource declaration.

Notable Quotes

“Cameron's appointment as CEO marks an exciting milestone for North Valley Resources, as we have reached a pivotal point in exploration on the Comstock Project that requires deeper technical expertise.” – Outgoing CEO Ken Ellerbeck

“I'm excited to lead North Valley Resources at this important stage of its growth… we believe Comstock presents a significant opportunity to unlock its full potential while creating long‑term value for shareholders.” – New CEO Cameron Dorsey

Read the original news release →

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