McFarlane Lake Mining Taps Foran Mining COO to Lead Juby Gold…

Event summary

Gilbert Lamarche, P.Eng., appointed COO of McFarlane Lake Mining on October 15, 2026.
Lamarche brings 25 years of experience, including COO role at Foran Mining and leadership positions at Vale.
Appointment coincides with advancement of the Juby Gold Project in Ontario, which hosts 1.07M oz Indicated and 5.09M oz Inferred gold resources.
Lamarche will guide scoping, metallurgical, and environmental studies to achieve a bankable feasibility study.
Concurrent with appointment, Lamarche granted stock options and restricted share units as part of executive compensation.

The big picture

McFarlane Lake Mining's appointment of Gilbert Lamarche underscores its push to advance the Juby Gold Project, a high-potential asset in the Abitibi Greenstone Belt. Lamarche's background in project execution and operational leadership is critical as the company navigates the complex permitting and technical study phases required for large-scale gold projects. The move reflects a broader industry trend of mining firms prioritizing operational expertise to de-risk exploration and development projects amid volatile gold prices.

What we're watching

Project Execution: How Lamarche's experience will accelerate the Juby Gold Project's path to a bankable feasibility study.
Resource Upgrades: Whether the Inferred Mineral Resources can be upgraded to Indicated status with continued exploration.
Permitting Dynamics: The pace at which McFarlane secures an Advanced Exploration Permit and engages with Indigenous communities.