Vulcan is a junior Canadian exploration company focused on searching for new petroleum and mineral deposits in Canada. Our objective is to discover large deposits of economic significance that will have a major impact on the value of our company. Exploration, by its nature is a high-risk activity, requiring a continuous feed of high-risk capital in order to test geological models and concepts. Accordingly, the discovery of economic deposits brings high rewards to those investors who share the vision of successful explorationists.
Vulcan's business philosophy is to joint venture or option out properties to partners who can provide the necessary capital to advance quality, science based exploration. However, the company is also willing to pursue exceptional opportunities on its own behalf at the early stages of exploration such as the onshore western Newfoundland petroleum exploration program. Strategic investment in advancing exploration at the early stages can result in much more rewarding joint ventures that create additional value for shareholders.
This site is designed to provide information on Vulcan Minerals Inc. and its activities for shareholders, potential shareholders, analysts, industry experts and media. All material changes in the business of Vulcan are publicized by way of news releases in compliance with regulatory disclosure requirements. For further detailed information you should contact us directly.
Chairman and President
Patrick J. Laracy, LL.B., P.Geo
Mr. Laracy is President, CEO & Director of Vulcan and has been since 1995. Mr. Laracy and has extensive experience as both an exploration geologist and lawyer. He is a graduate of Memorial University of Newfoundland (B. Sc. Hons. 1981) and the University of Calgary (LL.B.1988). He is a director of the Mining Industry Association Newfoundland and Labrador and a member of the Professional Engineers and Geoscientists of Newfoundland and Labrador with 25 years experience in the petroleum & mineral exploration business in various capacities including managing drilling programs in western Newfoundland.
William D.B. Koenig, CFA, CMA
Mr. Koenig is a Director of Vulcan since 2004 and has been a Natural Resources Portfolio Manager with several large Canadian funds. With a strong background in natural resource analysis, he has directed over $1 billion in exploration funding to Small Cap sized companies. He has over 20 years of industry experience and is well known for his work in the early identification of companies with growth and investment potential. Mr. Koenig provides the Company with resource financial expertise and an extensive industry network.
Philip E. Collins, P.Geol
Mr. Collins is a Director of Vulcan since 2005 and has diversified experience in the Western Canadian Sedimentary Basin (WCSB), East Coast Basin, Trinidad, east Texas and Colombia. He has a B.Sc. (Specialization) in Geology from the University of Alberta. Mr. Collins initially concentrated his efforts in the deep basin of the WCSB while at AEC Oil and Gas, Pamplona Energy, Stampeder Exploration Inc, and Big Bear Exploration Inc. Reserves of over 600 BCFE are accredited to Mr. Collins generated acquisition, drilling and exploration activities. Thereafter, he was Vice President Exploration at Corsair Exploration Inc. for a period of three years. Mr. Collins joined Meridian Energy as Vice President Exploration and became President & COO in January 2004 and when it was sold in 2005 he founded Cork Exploration Inc. where he was President and CEO. In 2008 he joined Primera Energy Resources Ltd. and is currently Non-Executive Chairman. In May of 2009 he became a Technical Adviser to Atikwa Resources Inc. and on November of 2009, he formed Calston Exploration Inc. as CEO.
Dr. Rex V. Gibbons, Ph.D.
Dr. Gibbons recently retired as Senior Vice-President of Jacques Whitford Group based in St. John’s Newfoundland. He is a former Minister of Mines and Energy for the province of Newfoundland and Labrador (1989-1997) and was instrumental in ensuring that modern petroleum regulations were put in place to encourage exploration in western Newfoundland. He holds a Ph.D. in Geology from the California Institute of Technology (Caltech) and has received many academic and industry awards throughout his career. Dr. Gibbons has a rare blend of experience both in petroleum exploration and development as well as mineral exploration and development. This fits well with the company’s current projects.