Gossan Resources Limited has appointed Kevin Norberg as interim Chief Executive Officer and Director, effective September 18, 2026. The change follows Samuel Pelaez’s immediate departure from the positions of President and Chief Executive Officer.
#Management transition
Gossan said Pelaez will continue working with the company under a separate advisory arrangement for a transition period. His responsibilities during that period will include supporting the transfer of key relationships and commercial priorities.
The company described Norberg as a mining industry leader with nearly 20 years’ experience in mineral exploration.
#Gossan’s mineral portfolio
Gossan Resources holds mineral exploration and development properties in Manitoba, Northwestern Ontario and Newfoundland. Its primary focus is advancing those properties.
The company also identifies the sale, joint-venture or co-development of its multi-element property portfolio as a secondary focus. The properties are described as prospective for gold, base metals and specialty “green-battery metals”, including vanadium, titanium, tantalum, lithium and chromium.
In addition, Gossan has a deposit of high-purity, magnesium-rich dolomite and holds advance and production royalty interests in a high-purity silica sand deposit.
#Listing and share information
Gossan Resources trades under GSS-TSX.V and GSR-Frankfurt/Freiverkehr & Xetra. The company stated that it currently has 67,459,651 common shares outstanding.
#Forward-looking information and risks
Gossan’s release states that forward-looking information may be affected by risks and uncertainties, meaning actual events, results, performance, prospects and opportunities could differ materially from those expressed or implied.
The risks identified include capital and operating costs varying significantly from estimates, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain governmental, environmental or other project approvals, and uncertainty about the availability and cost of future financing. The release also cites changes in equity markets, inflation, fluctuations in commodity prices, delays in project development and other risks associated with the mineral exploration and development industry.
The company stated that no assurance can be given that forward-looking events will occur within the disclosed time frames or at all.
#Key Takeaways
- Kevin Norberg has been appointed interim Chief Executive Officer and Director, effective September 18, 2026.
- Samuel Pelaez has stepped down as President and Chief Executive Officer effective immediately.
- Pelaez will assist with the transition under a separate advisory arrangement.
- Gossan holds mineral properties in Manitoba, Northwestern Ontario and Newfoundland.
- The company reported 67,459,651 common shares outstanding and listed risks affecting its forward-looking information.
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