Revolution Resources' new Chairman, Michael McPhie (Photo: AMEBC)

Revolution Resources' new Chairman, Michael McPhie (Photo: AMEBC)

Recently, we had the pleasure of meeting Michael McPhie at his former post as President and CEO of Curis Resources (CUV:TSX).  We were on a site visit of their Florence in situ copper recovery (ISCR) development project in Florence, Arizona.  Shortly after our meeting, a press release came to my attention which stated that Mr. McPhie had resigned from his post as President and CEO of Curis to pursue a new opportunity.

This new opportunity was to join JDS Energy and Mining group (www.jdsmining.ca).  He will be leading two of their private companies JDS Copper Ltd. and JDS Gold Ltd. the group intends to grow into copper and gold development plays.

Today Rob McLeod's Revolution Resources (RV:TSX) announced the appointment of Mr. McPhie as Executive Chairman.  He was already a member of the board of directors.

"In partnership with Michael and JDS, Revolution will be actively pursuing advanced-stage, high-grade precious metal opportunities located in low-risk jurisdictions within North America," said Rob McLeod, President and CEO of Revolution. "The collective strength of both teams in evaluating and developing prospective assets will be a net gain for both parties, bringing together expertise in geology, engineering, capital markets and social licence. We look forward to a successful relationship with JDS, and are very pleased to have someone of Michael's calibre joining us as executive chairman."

Mr. McPhie is a well-respected mining professional.  He is the former chair of Association for Mineral Exploration British Columbia (AMEBC), former CEO of the Mining Association of British Columbia (MABC) and a senior policy adviser with Canada's federal Department of Natural Resources.

He was President and CEO of Curis for 4 years and helped advance the company through most of the permitting and development.

Revolution is in a tough spot along with many of the junior exploration companies.  As of January 31, 2014 they only at $131,000 in the bank.  Mr. McPhie will have his hands full in helping turn this battered junior around, however, we wouldn't count the company out.

Here's the 5-year chart:

RV Chart
RV data by YCharts

Read: Revolution Resources Names Michael McPhie as Executive Chairman

Also: Curis Announces Changes to Management Team