About Us

Our goal is to build Levon Resources into a mid-tier exploration company with economic mineral resources. We are debt-free and well-funded for future exploration. Levon is focused on silver because management believes silver prices will soon return to a long-term, unprecedented bull market. Here’s why:

  • 1Increasing demand in both the industrial and investment sectors
  • 2A high silver/gold ratio-currently exceeding 80:1
  • 3A growing stream of new uses for silver
  • 4Financial uncertainty worldwide

You can read a more detailed analysis of our position in the Silver section of the website. We have chosen to focus on Mexico because we believe it’s the best place in the world for mineral exploration and mining. Financial stability, a booming economy, efficient and modern infrastructure and highly skilled mining labor represent just a few of the reasons we operate in Mexico. Our team consists of successful mine-builders, geologists and financiers. Collectively we have over 150 years’ experience in the industry with particular knowledge of operating in Mexico.


VIC CHEVILLONInterim CEO, V.P. Exploration & Director

M.Sc., C.P.G. Mr. Chevillon is a consulting exploration geologist with 36 years of exploration experience working with major mining companies within the U.S. including Noranda, Homestake, Placer Dome and Barrick Gold. He has held key exploration roles in Placer Dome's (Barrick) Gold Mines, Nevada, where he conducted a geologic assessment that lead to the Getchell Gold Mine acquisition. In addition, he directed the exploration assessment of the Bald Mountain Gold Mine, now being realized by Barrick Gold. Mr. Chevillon was also involved in the Noranda acquisition at New World, Montana and developed an exploration model at the Blackbird deposit, Idaho.


Daniel Vickerman is a seasoned institutional sales and corporate finance professional with 20 years of experience in the financial industry and formerly, Managing Partner, Head of UK of Edgecrest Capital UK. Prior to joining Edgecrest Capital UK, Mr. Vickerman was Managing Director, Co-Head of Canadian Equity Sales UK at Canaccord Genuity Corp. Mr. Vickerman also formerly worked at Thomas Weisel where he served as Senior Vice President. Mr. Vickerman has extensive experience working with mineral exploration and development companies listed on the TSX. Mr. Vickerman holds a Bachelor of Arts, Economics from the University of Western Ontario.


JoAnne Odette, CPA, CA, CPA (Illinois), has over 25 years of financial experience both in Canada and internationally. Since moving to Vancouver in 2010, JoAnne has worked with several public companies in senior financial roles.JoAnne began her career with Deloitte in Edmonton before accepting an opportunity to work with EY in Bermuda. She then spent 14 years working in both Bermuda and the U.S. in progressive roles to Vice President Accounting for a large international group of companies.

ED KARRDirector

Coming Soon..

Tyrell SutherlandDirector

Mr. Sutherland brings to Levon over ten years' experience in Canada, Australia, China and the Caribbean, focusing on early stage exploration and development projects for juniors, majors and government. He has served as an exploration geologist at Goldcorp’s Musselwhite Mine and Kirkland Lake Gold’s Macassa Mine, and he has contributed to projects in the Keno silver camp, Yellowknife gold camp, Gowganda silver camp, Golden Triangle B.C, Pilbara Iron district, Jamaican porphyry district and north China Craton. Mr Sutherland is currently the VP Exploration of Mayo Lake Minerals Inc. a junior explorer active in the Keno district, Yukon Territory for whom he has been overseeing exploration activities since its inception in 2011. He is a professional geologist registered with the APGO and is a “Qualified Person” under securities legislation in Canada. Mr. Sutherland holds a Bachelor of Science (Honours) in Geology from the University of Ottawa and a Master of Science in Geology from Queens University.


Lee Bowles is the founder and principal of investment advisory firm, Ironstone Capital Corporation. Ironstone specializes in counseling emerging resource based companies regarding share capital, alternative financing, initial public offerings and strategic initiatives.Mr. Bowles is a seasoned institutional sales and corporate finance professional with 25 years of experience in the financial industry. During this time he has worked for several leading independent investment dealers in Toronto, New York and London as a fixed income trader, investment banker and in institutional equity sales.He has been credited with helping build one of Canada's leading resource focused investment dealers. Most recently, Mr Bowles specialized in providing institutional equity sales coverage with a focus on European based institutions. He maintains a substantial number of connections to financial market insiders, analysts and managers.He has been, and is currently, a director and officer of a number of private and public companies.

CHRISTINA BODDYCorporate Secretary

Christina Boddy has acted as Corporate Secretary for a number of public companies in recent years, including Nevada Sunrise Gold Corporation (TSXV.NEV), Aton Resources Inc. (TSXV.AAN), and ALX Uranium Corp. (TSXV. AL). Ms. Boddy acts as a consultant to public and private companies through Rhodanthe Corporate Services, a BC-based private company.

In Memoriam, 1952 - 2019RON TREMBLAY

Mr. Tremblay brought to Levon over 30 years' experience in finance and management. In his seven years as Levon's President, he raised over $80M for the company and advanced the Cordero project to its current world-class status. Ron took Levon from a market cap of $5m to over $100M (exceeding $400M in 2011) and guided the company through very difficult markets. In 2015, he brought diversification to the company through an arrangement with biotech company SciVac Ltd. while maintaining Levon's 100% ownership of the Cordero project and laying the groundwork for the project's next round of exploration and development.

Corporate Directory

Head Office

Levon Resources Ltd.

Suite 500, 666 Burrard Street Vancouver, BC Canada, V6C 2X8

Tel: 778.379.0040

Email: info@levon.com

Interim CEO

Vic Chevillon

Email: vchevillon@levon.com

Investor Relations

Tel: 604.682.2991

Email: ir@levon.com

Trust Company & Transfer Agent

Computershare Trust Company

600-750 Cambie Street Vancouver, BC Canada, V6B 0A2

Tel: 604.699.4880


Smythe Ratcliffe & Associates

355 Burrard Street, Suite 700 Vancouver, BC Canada, V6C 2G8

Tel: 604.687.1231

Legal Counsel

Stikeman Elliot LLP

1700 - 666 Burrard Street Vancouver, BC Canada, V6C 2X8

Tel: 604.631.1300

Shares Traded

Toronto Stock Exchange: Symbol LVN


Why Mexico?

Mexico presents one of the best places in the world for mineral exploration and mining. Here’s why:

  •  Political and financial stability
  •  100% foreign ownership of assets allowed
  •  Easy and economical access from anywhere in North America
  •  Modern and growing infrastructure for communications and transportation
  •  An emerging economic powerhouse
  •  Educated and skilled labor force
  •  Detailed, current and accessible government geological database

Mexico’s GDP growth hit 1.1% in 2013, after 3.9% in 2012 and 5.5% in 2011. The strong economy has kept Mexicans at home or returning to home. A recent article in Wall Street Journal noted that the net rate of migration of Mexican workers to the United States has recently fallen to zero. The biggest driver of this growth has been exports, mostly to the U.S. Also, construction in Mexico has expanded dramatically, pointing to longer-term prosperity.

Corporate Governance

Audit Committee Charter


(the “Company”)

Purpose of the Committee

The purpose of the Audit Committee (the “Committee”) of the Board of Directors (the “Board”) of the Company is to provide an open avenue of communication between management, the Company’s independent auditors and the Board and to assist the Board in its oversight of:

The integrity, adequacy and timeliness of the Company’s financial reporting and disclosure practices;
The Company’s compliance with legal and regulatory requirements related to financial reporting; and
The independence and performance of the Company’s independent auditors.

The Committee shall also perform any other activities consistent with this Charter, the Company’s Articles and governing laws as the Committee or Board deems necessary or appropriate. The Committee shall consist of at least three directors. Members of the Committee shall be appointed by the Board and may be removed by the Board in its discretion. The members of the Committee shall elect a Chair from among their number. A majority of the members of the Committee must not be officers or employees of the Company or of an affiliate of the Company. The quorum for a meeting of the Committee is a majority of the members who are not officers or employees of the Company or of an affiliate of the Company. With the exception of the foregoing quorum requirement, the Committee may determine its own procedures. The Committee’s role is one of oversight. Management is responsible for preparing the Company’s financial statements and other financial information and for the fair presentation of the information set forth in the financial statements in accordance with generally accepted accounting principles (“GAAP”). Management is also responsible for establishing internal controls and procedures and for maintaining the appropriate accounting and financial reporting principles and policies designed to assure compliance with accounting standards and all applicable laws and regulations. The independent auditors’ responsibility is to audit the Company’s financial statements and provide their opinion, based on their audit conducted in accordance with generally accepted auditing standards, that the financial statements present fairly, in all material respects, the financial position, results of operations and cash flows of the Company in accordance with GAAP. The Committee is responsible for recommending to the Board the independent auditors to be nominated for the purpose of auditing the Company’s financial statements, preparing or issuing an auditor’s report or performing other audit, review or attest services for the Company, and for reviewing and recommending the compensation of the independent auditors. The Committee is also directly responsible for the evaluation of and oversight of the work of the independent auditors. The independent auditors shall report directly to the Committee.

Authority and Responsibilities

In addition to the foregoing, in performing its oversight responsibilities the Committee shall:

Monitor the adequacy of this Charter and recommend any proposed changes to the Board.
Review the appointments of the Company’s Chief Financial Officer and any other key financial executives involved in the financial reporting process.
Review with management and the independent auditors the adequacy and effectiveness of the Company’s accounting and financial controls and the adequacy and timeliness of its financial reporting processes.
Review with management and the independent auditors the annual financial statements and related documents and review with management the unaudited quarterly financial statements and related documents, prior to filing or distribution, including matters required to be reviewed under applicable legal or regulatory requirements.
Where appropriate and prior to release, review with management any news releases that disclose annual or interim financial results or contain other significant financial information that has not previously been released to the public.
Review the Company’s financial reporting and accounting standards and principles and significant changes in such standards or principles or in their application, including key accounting decisions affecting the financial statements, alternatives thereto and the rationale for decisions made.
Review the quality and appropriateness of the accounting policies and the clarity of financial information and disclosure practices adopted by the Company, including consideration of the independent auditors’ judgment about the quality and appropriateness of the Company’s accounting policies. This review may include discussions with the independent auditors without the presence of management.
Review with management and the independent auditors significant related party transactions and potential conflicts of interest.
Pre-approve all non-audit services to be provided to the Company by the independent auditors.
Monitor the independence of the independent auditors by reviewing all relationships between the independent auditors and the Company and all non-audit work performed for the Company by the independent auditors.
Establish and review the Company’s procedures for the:
Receipt, retention and treatment of complaints regarding accounting, financial disclosure, internal controls or auditing matters; and
confidential, anonymous submission by employees regarding questionable accounting, auditing and financial reporting and disclosure matters.
Conduct or authorize investigations into any matters that the Committee believes is within the scope of its responsibilities. The Committee has the authority to retain independent counsel, accountants or other advisors to assist it, as it considers necessary, to carry out its duties, and to set and pay the compensation of such advisors at the expense of the Company.
Perform such other functions and exercise such other powers as are prescribed form time to time for the audit committee of a reporting company in Parts 2 and 4 of Multilateral Instrument 52-110 of the Canadian Securities Administrators, the Business Corporations Act (Canada) and the Articles of the Company.