Doré Copper Mining Management

Management criteria checks 4/4

Doré Copper Mining's CEO is Ernie Mast, appointed in Dec 2019, has a tenure of 4.33 years. total yearly compensation is CA$200.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 2.47% of the company’s shares, worth CA$363.97K. The average tenure of the management team and the board of directors is 4.3 years and 4.3 years respectively.

Key information

Ernie Mast

Chief executive officer

CA$200.0k

Total compensation

CEO salary percentage	100.0%
CEO tenure	4.3yrs
CEO ownership	2.5%
Management average tenure	4.3yrs
Board average tenure	4.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ernie Mast's remuneration changed compared to Doré Copper Mining's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2023	n/a	n/a	-CA$5m
Jun 30 2023	n/a	n/a	-CA$10m
Mar 31 2023	n/a	n/a	-CA$14m
Dec 31 2022	CA$200k	CA$200k	-CA$18m
Sep 30 2022	n/a	n/a	-CA$20m
Jun 30 2022	n/a	n/a	-CA$18m
Mar 31 2022	n/a	n/a	-CA$17m
Dec 31 2021	CA$300k	CA$200k	-CA$14m
Sep 30 2021	n/a	n/a	-CA$13m
Jun 30 2021	n/a	n/a	-CA$11m
Mar 31 2021	n/a	n/a	-CA$9m
Dec 31 2020	CA$300k	CA$200k	-CA$9m
Sep 30 2020	n/a	n/a	-CA$12m
Jun 30 2020	n/a	n/a	-CA$9m
Mar 31 2020	n/a	n/a	-CA$8m
Dec 31 2019	CA$195k	CA$195k	-CA$5m
Sep 30 2019	n/a	n/a	-CA$2m
Jun 30 2019	n/a	n/a	-CA$2m
Mar 31 2019	n/a	n/a	-CA$2m
Dec 31 2018	CA$200k	CA$200k	-CA$3m

Compensation vs Market: Ernie's total compensation ($USD147.16K) is about average for companies of similar size in the Canadian market ($USD176.59K).

Compensation vs Earnings: Ernie's compensation has been consistent with company performance over the past year.

CEO

Ernie Mast (59 yo)

4.3yrs

Tenure

CA$200,004

Compensation

Mr. Ernest Mast, also known as Ernie, M. Eng, P.Eng, is Director of First Lithium Minerals Corp. (Formerly, PetroCorp Group Inc.) since July 28, 2022. He has been Member of Advisory Board at Galantas Gold...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Mario Stifano	Executive Chairman of the Board	4.7yrs	CA$100.00k	2.43% CA$ 359.0k
Ernest Mast	President	4.3yrs	CA$200.00k	2.47% CA$ 364.0k
Gavin Nelson	CFO & Corporate Secretary	4.3yrs	CA$18.00k	0.093% CA$ 13.8k
Nicholas Kwong	Chief Operating Officer	1.8yrs	CA$249.95k	no data
Ewan Downie	Founder & Member of Advisory Board	no data	no data	no data
Laurence Gaborit	Vice President of Investor Relations	3.6yrs	no data	0.056% CA$ 8.2k

4.3yrs

Average Tenure

56yo

Average Age

Experienced Management: DCMC's management team is considered experienced (4.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Mario Stifano	Executive Chairman of the Board	4.7yrs	CA$100.00k	2.43% CA$ 359.0k
Ernest Mast	President	4.7yrs	CA$200.00k	2.47% CA$ 364.0k
Ewan Downie	Founder & Member of Advisory Board	no data	no data	no data
Andre Gaumond	Member of the Advisory Board	no data	no data	no data
Brent Omland	Independent Director	4.7yrs	no data	no data
Frank Balint	Independent Director	4.3yrs	no data	0.11% CA$ 16.5k
Sara Heston	Independent Director	4.3yrs	no data	no data
Joseph de la Plante	Independent Director	4.3yrs	no data	0.10% CA$ 14.8k
Martha Manuel	Independent Director	2.7yrs	no data	no data

4.3yrs

Average Tenure

54yo

Average Age

Experienced Board: DCMC's board of directors are considered experienced (4.3 years average tenure).

Doré Copper Mining Management

Management criteria checks 4/4

Key information

Recent management updates

President exercised options to buy CA$50k worth of stock.

Insufficient new directors

Doré Copper Appoints Mr. Nicholas (Nick) Kwong as Chief Operating Officer

Executive Chairman of the Board recently bought CA$53k worth of stock

High number of new and inexperienced directors

Doré Copper Mining Corp., Annual General Meeting, Jun 23, 2022

Recent updates

Dore Copper Mining Corp. Identifies Gold Exploration Potential at Norhart Zone, Just North of the Former Joe Mann Mine

President exercised options to buy CA$50k worth of stock.

New major risk - Shareholder dilution

New major risk - Market cap size

Doré Copper Mining Corp. has filed a Follow-on Equity Offering in the amount of $3.96 million.

Doré Copper Mining Corp. has filed a Follow-on Equity Offering in the amount of $3.96 million.

Doré Copper Mining Corp. Reports Excellent Concentrate Grades and Recoveries with Low Impurity Element Concentrations from Flotation Tests at its Corner Bay Project

Doré Copper Mining Corp. Reports Exploration Drill Results At the Gwillim and Jaculet Projects

New major risk - Financial position

Dore Copper Mining Corp. Provides Update on Its Project Activities

Doré Copper Mining Corp. announced that it has received CAD 2.801125 million in funding from Equinox Partners Investment Management LLC, 1974899 Ontario Ltd

Dore Copper Mining Corp. Reports High-Grade Gold Mineralization At Gwillim Including 9.67 G/T Au over 5.3 Metres

Doré Copper Mining Corp. announced that it expects to receive CAD 3.003126 million in funding

Insufficient new directors

Doré Copper Mining Corp. Announces the Final Results from 2022 Drilling Program on Corner Bay Property, Located in the Chibougamau Mining Camp, Approximately 40 Kilometers by Road from Chibougamau, Québec

Price target decreased to CA$1.60

Price target decreased to CA$1.60

Doré Copper Mining Corp. announced that it has received CAD 5.750115 million in funding

Doré Copper Mining Corp. announced that it expects to receive CAD 5.0001 million in funding

Doré Copper Mining Corp. Announces its Drilling Plans for Joe Mann and Doré Ramp Exploration Target

Doré Copper Appoints Mr. Nicholas (Nick) Kwong as Chief Operating Officer

Doré Copper Mining Corp. Announces the Second Set of Results from Its 2022 Drilling Program of 45,000 Meters At Its Corner Bay Property

Doré Copper Mining Corp. Reports High-Grade Copper Results from 2022 Infill Drilling Program at its Corner Bay Copper-Gold Project

Executive Chairman of the Board recently bought CA$53k worth of stock

Doré Copper Announces Positive Preliminary Economic Assessment for Restarting Chibougamau Mining Camp

Price target decreased to CA$2.30

High number of new and inexperienced directors

Doré Copper Mining Corp., Annual General Meeting, Jun 23, 2022

Doré Copper Mining Corp. Reports High-Grade Gold Mineralization at Gwillim

Price target decreased to CA$2.30

Doré Copper Mining Corp. Reports More High-Grade Copper Results from Expansion Drilling At Its Corner Bay Copper-Gold Project

Doré Copper Mining Corp. Announces 2022 Drilling Program At Flagship Corner Bay and Devlin Projects

Doré Copper Mining Corp. Announces Additional Results from its 2021 Drilling Campaign at its Corner Bay Property

Doré Copper Mining Corp. Announces Positive Ore Sorting Test for Corner Bay Mineralized Material

Doré Copper Mining Corp. announced that it has received CAD 14.63609 million in funding

Doré Copper Mining Corp. announced that it expects to receive CAD 13.00004 million in funding

Doré Copper Mining Corp. Intersects 5.5 Meters at 3.46% Copper and 0.25 G/T Gold at Corner Bay - Extending Deposit Along Strike by 200 Metres

Doré Copper Mining Corp. (TSXV:DCMC) acquired Cornerback Property from Vanadiumcorp Resource Inc. (TSXV:VRB) for CAD 0.5 million.

Doré Copper Announces Its Preparation Plans to Dewater the Former Joe Mann Gold Mine and Cedar Bay Copper-Gold Mine

Doré Copper Announces Its Preparation Plans to Dewater the Former Joe Mann Gold Mine and Cedar Bay Copper-Gold Mine

Doré Copper Mining Corp. announced that it has received CAD 10.9989 million in funding

Doré Copper Mining Corp. announced that it expects to receive £9.999 million in funding

Doré Copper Reports Positive 2020 Drilling Results from Joe Mann Property

New 90-day high: CA$0.89

New 90-day low: CA$0.57

New 90-day low: CA$0.70

Doré Copper Stepout Drilling Extends Corner Bay Mineralization by 125 Meters Intersecting 6.45 Meters at 4.1% Copper and 0.38 g/t Gold

Doré Copper Mining Corp. announced that it has received CAD 3.121477 million in funding

Doré Copper Mining Corp. announced that it expects to receive CAD 3 million in funding

New 90-day high - CA$0.86

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age