Terry Salman
Mr. Salman has been an industry leader in financing junior exploration and mid-to-large cap mining companies for the past 35 years. He started his career at Nesbitt Thomson in 1973, beginning as a Research Analyst and rising to the role of Executive Vice President and Director. At Nesbitt Thomson, Terry helped create the first dedicated mining team and established that firm’s first gold conference, which ultimately became Bank of Montreal’s Global Metals & Mining Conference now held annually in Hollywood, Florida.
Terry left Nesbitt Thomson in 1994 to form Salman Partners, where he was President, Chief Executive Officer, and Co-Director of Research. For 22 years, Salman Partners was a leading resource-based investment dealer known for its high-quality research and integrity. Over that time, Salman Partners helped raise an aggregate of $20 billion for over 400 companies. Currently, Terry is President & CEO of Salman Capital Inc., an investment advisory and merchant banking firm. Mr. Salman is also Chairman of New Pacific Metals Corp., one of the top silver development companies listed on the Toronto Stock Exchange and New York Stock Exchange.
Alongside his highly successful career, Terry has tirelessly devoted his services to many volunteer organizations, including fundraising for the Britannia Mine Museum, sitting on the Government of Canada’s Expert Panel on Securities Regulation, and serving as Chair of the Investment Dealers Association of Canada. Mr. Salman also served as Chairman of the Vancouver Public Library Foundation for sixteen years, and is currently Chairman Emeritus of St. Paul’s Hospital Foundation. He was a Director of the Prostate Cancer Research Foundation of Canada and a past Director of the Canadian Stem Cell Network. In 2009, he was awarded a Doctor of Technology “Honoris Causa” by the British Columbia Institute of Technology.
In recognition of his outstanding volunteer contributions, Terry Salman was awarded the Queen Elizabeth II Diamond Jubilee Medal in 2012. He was also a recipient of the Murray Pezim award in 2017 from the Association for Mineral Exploration B.C., the Public Service Star from the President of Singapore in 2021, and was inducted into the Order of Canada in 2022 for his remarkable contributions to the Canadian mining financial industry and his extensive philanthropic efforts.
You can read about Mr. Salman’s life’s work in his recently-published book “What We Give: From Marine to Philanthropist: A Memoir” available at https://www.whatwegivebook.com/.
Kelly Cluer
Mr. Cluer has over 30 years of experience in mineral exploration, from grassroots project generation through to discovery, resource delineation and mine development. He spent the last decade of his career in senior leadership positions at Kinross Gold Corp. (“Kinross”), one of the top global gold producers. In his latest role as Senior Director of Geosciences (Global), Mr. Cluer oversaw the exploration strategy for projects around the world, developing innovative campaigns including leading-edge geophysical surveys, talent management and acquisition, and claim staking large greenfield targets based on new concepts. He was also instrumental in identifying new global regions for investment, through both generative exploration and M&A.
Mr. Cluer also acted as Exploration Director (North America) for Kinross from 2013 to 2019, after being brought on to lead aggressive greenfield and brownfield initiatives, developing and guiding teams throughout Nevada. Major achievements included cementing Kinross as a major player in the Carlin-type gold space, with a robust pipeline of projects from early-stage prospects through to advanced development and production. He also established the Reno, NV office for greenfield exploration and grew it into one of the most active teams in the Western USA.
Among several major discoveries to his credit, Mr. Cluer was notably a co-discoverer of the high-grade Ren gold deposit under 800 meters of cover on the Carlin Trend in the 1990s; that deposit is now being mined by Nevada Gold Mines (“NGM”). Westward currently holds a portfolio of exploration properties targeting Carlin-type gold potential, two of which (the Coyote and Rossi Projects) are situated at the northern end of the Carlin Trend.
Mr. Cluer also found tremendous success in Mongolia, notably as the Founder, Co-Owner and Director of Exploration for Altan Rio Minerals from 2006 to 2013. He was a recipient of the Polar Star Award from the President of Mongolia for his achievements generating long-term investments and national professional development initiatives. He also shared the “Honored Geologist of Mongolia” award with the Gatsuurt deposit discovery team in 2004; in his role as Exploration Manager for Centerra Gold Mongolia, he was responsible for all aspects of exploration, land management, personnel administration, and contract negotiations. He managed final reserve drilling of the Boroo deposit which resulted in additional gold reserves and new discoveries in the district, in addition to exploration and resource drilling at the Gatsuurt deposit leading to a reportable resource in excess of 2.0 Moz within a much larger gold mineralized footprint.
Mr. Cluer is a lifetime member and past President of the Geological Society of Nevada (“GSN”). In addition to his many personal achievements, he has tirelessly worked to establish, train and mentor top-level exploration teams from diverse cultural backgrounds who have gone on to realize great success in their own right. Mr. Cluer is passionate about investing in and developing the next generation of explorers and industry leaders.