SEMAFO Announces Retirement of VP, Exploration & Mine Geology; Announces Geology Team Succession - Seite 2

François Thibert Named Qualified Person
François Thibert, manager of the reserves and resources estimation group, will assume the role of Qualified Person in addition to managing mine geology activities at SEMAFO, effective July 1, 2018.

"Since joining SEMAFO in 2012, François has led the reserves and resources estimation group and been a Qualified Person for NI 43-101 reports for both Mana and Boungou," said Benoit Desormeaux. "In parallel, he has been partnering closely with Michel on mining activities and has clearly proven his ability to take over the portfolio."

Mr. Thibert has 28 years of experience in the mineral resource industry that includes extensive experience in gold, nickel sulphide/ laterite and VMS ore deposits for open pit and underground operations in Africa and the Americas. Prior to SEMAFO, Mr. Thibert served as Qualified Person for SGS Canada Inc.'s Mineral Services division in addition to holding numerous senior exploration positions within Xstrata Nickel/Falconbridge. Mr. Thibert graduated with an M.Sc. in igneous petrology from Université de Montréal. A member of the Ordre des Géologues du Québec, he is also a Qualified Person under NI 43-101.

About SEMAFO

SEMAFO is a Canadian-based mining company with gold production and exploration activities in West Africa.  The Corporation operates the Mana Mine in Burkina Faso, which includes the high-grade satellite deposit of Siou, and is targeting production start-up of the Boungou Mine in the second quarter of 2018.  SEMAFO's strategic focus is to maximize shareholder value by effectively managing its existing assets as well as pursuing organic and strategic growth opportunities.

For more information, contact 

SEMAFO
John Jentz
Vice-President, Corporate Development & Investor Relations
Email: [e-mail]

Ruth Hanna
Analyst, Investor Relations
Email: [e-mail]

Tel. local & overseas: [phone]
North America Toll-Free: 1 [phone]
Website: www.semafo.com

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Source: SEMAFO Inc. via Globenewswire