EDMONTON, Dec. 20, 2011 /CNW/ – Mervyn Hempenstall, CEO of Nuna Logistics Limited, announced the sudden passing of John Zigarlick, Nuna Logistics’ Chairman, on December 17, 2011. “As founder and Chairman, John Zigarlick was the pillar of the Company. John’s passion about the North and its development was an inspiration to us all.
He will be missed by many of us who saw him as a mentor and friend,” said Mervyn early today. Amongst his numerous achievements, John will be best remembered for the pioneering spirit he demonstrated in 1980 in the concept, planning and execution of placing Echo Bay’s Lupin gold mine into production. Echo Bay developed from a small silver producer with a net worth of $7 million in 1979, to a corporation with a 1995 market capitalization of approximately $2 billion. Mr. Zigarlick spent 21 years in the employment of Echo Bay Mines Ltd., including 16 years as President and CEO.