21 Apr 2015 07:00
Patagonia Gold Plc
("Patagonia Gold" or the "Company")
Appointment of Chief Executive Officer
Patagonia Gold is pleased to announce that it has appointed Mr Christopher van Tienhoven as Chief Executive Officer of the Company and its subsidiaries. Bill Humphries remains as an Executive Director with corporate responsibilities.
Commenting on this announcement, Bill Humphries stated that:
"We are pleased to welcome Christopher to the senior management of Patagonia Gold, reporting to the Board, and look forward to his successful career in our company. He brings very valuable experience and will add significant value to our operations by leading our management team through our next phase of growth."
About Christopher van Tienhoven
Christopher is an Argentine national who has worked in the mining industry for close to 25 years. He worked for the majority of his career with the Anglo American group in various countries including Argentina, Brazil, Chile, South Africa, UK and Venezuela, culminating as Country Manager and President of Anglo Gold Ashanti's Cerro Vanguardia mine.
In 2008, he joined Andean Resources Limited as Country Manager and Vice President - Argentina. He built up the team in Argentina and managed the company's operations until 2010 when its main project Cerro Negro was sold to Goldcorp Inc. in one of the most successful mining transactions in recent times.
In the last few years Christopher has been dedicated to merger and acquisition opportunities in the junior mining sector in Latin America including Argentina, Colombia, Peru and Guatemala.
Christopher has a degree in Economics from the Wharton School, University of Pennsylvania.
Ends
About Patagonia Gold
Patagonia Gold Plc is a mining company that seeks to grow shareholder value through exploration, development and production of gold and silver projects in the southern Patagonia region of Argentina. The Company is primarily focused on three projects: the flagship Cap-Oeste/COSE project, the La Manchuria project and the Lomada heap leach project, which is generating free cash flow. Patagonia Gold, indirectly through its subsidiaries or under option agreements, has mineral rights to over 220 properties in several provinces of Argentina and Chile, and is one of the largest landholders in the province of Santa Cruz.
Contact Information
Bill Humphries/Christopher van TienhovenPatagonia Gold PlcTel: +44 (0)20 7409 7444
David Bick / Mark LongsonSquare 1 Consulting+44 (0)20 7929 5599
Angela Hallett/James SpinneyStrand Hanson LimitedTel: +44 (0)20 7409 3494
Jeremy Stephenson/Stewart DicksonCantor Fitzgerald EuropeTel: +44 (0)20 7894 7000