FAM.L Share News (FAM)

(ShareCast News) - Greenland and Finland-focused FinnAust Mining announced on Tuesday that it has finalised two senior appointments to strengthen its development team as it continues to evaluate commercialisation of the Pituffik Titanium Project.The AIM-traded firm confirmed Hans Jensen has been appointed as chief operating officer.It said Jensen has more than 30 years of experience managing and operating Greenland-wide logistical, transport and resupply chains, as well as international shipping.He has previously held senior roles in the largest Greenland transportation and logistics companies such as Royal Arctic Line and Leonhard Nilsen & Sønner, where he was vice-president in charge of projects and transportation.FinnAust said Jensen is also familiar with permitting regulations required by the various ministries of Greenland regarding those types of activities.In addition, the company said it has also engaged Eric Sondergaard as manager of geology.Sondergaard is a graduate of the University of Calgary, has extensive experience in Greenland and has worked on similar sedimentary type projects in Canada.He also managed the exploration team that uncovered the super-giant Kvanefjeld Rare Earth project in Greenland, the FinnAust board said."Today's appointments continue to demonstrate our commitment to the project," said CEO Roderick McIllree."Hans is one of the most experienced supply chain experts in this part of the world."McIllree said Sondergaard is an experienced Greenlandic operator, having executed several large-scale projects prior to this role."I expect their appointments to have an immediate positive impact on the work programmes currently being designed and implemented as we continue to develop Pituffik."We look forward to the maiden JORC resource for Pituffik and further additions to the team in the medium term."