How Herald was paid
$342,246 in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Bonus | Options | Total |
|---|---|---|---|---|
| Christopher E HeraldCEO | $176,000 | $20,000 | $146,246 | $342,246 |
| James R. MaronickCFO | $162,000 | $20,000 | $127,095 | $309,095 |
What changed and why
- $342KCEO total compensation decreased to $342,246 in 2025 from $484,974 in 2024.
- $146KOption award values granted to the CEO were $146,246 for 2025.
- 81.9%At the 2025 annual meeting, 81.9% of votes cast supported executive compensation.
- $3.8MThe net loss for 2025 was $3,833,000 compared to $5,368,000 in 2024.
- Exploration drilling decreased to eight drill holes at the Golden Crest project in 2025.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.