RNS3 Sep 2010 08:06
Directorate Change
Cluff Gold plc ("Cluff Gold" or the "Company"), the dual AIM/TSX-listed West African-focused gold mining company, announces that Douglas Chikohora, the Company's Technical Director, has been appointed a Non-Executive Director and Consultant, effective from 1 September 2010.
Following the advancement made at each of its three assets, Cluff Gold is now transitioning into a development company less focused on exploration. Both the Angovia and Kalsaka mines are now fully operational. The Baomahun asset in Sierra Leone is advancing towards feasibility stage with the completion of a Scoping Study which was published on 12 August 2010. The Company has also made key management appointments to support its next phase of growth and development, with Pete Gardner joining as CFO and Peter Spivey joining as COO in October 2009 and January 2010 respectively.
Douglas was one of the co-founders of Cluff Gold and had overall responsibility for the acquisition and development of the Angovia and Kalsaka mines, together with the successful exploration programme at Baomahun. In January the Company appointed Peter Spivey as Chief Operating Officer to take over responsibility for the Company's producing and development assets, including a remit to drive the development of the Baomahun project in Sierra Leone. Douglas has now taken the decision to relinquish his executive position to focus on building up a new exploration portfolio of base metal projects in Africa.
Douglas Chikohora, Non-Executive Director of Cluff Gold, commented:
"I have been delighted to be a part of the Cluff Gold team since its inception and I am very proud of what the Company has already achieved. The Company's strategy is now geared to increasing production at its two producing mines and developing Baomahun into a world class gold asset. Whilst I am keen to further use my exploration skills, as a Non-Executive Director, I will continue to work closely with the new management team and assist in the future growth of the Company."
Mr JG Cluff, Chairman and Chief Executive of Cluff Gold, commented:
"I have worked with Douglas for over twenty years and he has been a key driver in the success of Cluff Gold. Through his endeavours and skill at identifying assets that become producing and commercial mines, he has generated significant value for the Company and its shareholders. As the Company moves forward in its development as a gold producer, Douglas has agreed to remain a Non-Executive Director where I and my fellow directors can continue to seek his counsel and benefit from his undoubted skill and expertise."
Ends
http://www.investegate.co.uk/Article.aspx?id=201009030700120954S
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