14 Oct 2014 15:37
For immediate release: 14 October 2014
Premier Gold Resources plc
("Premier Gold" or the "Company")
Directorate Change
Premier Gold (AIM: PGR), the Central Asia-focused gold exploration and development company, announces that Colonel Bob Stewart DSO MP has informed the board of his decision to step down as Non-executive Chairman with immediate effect in order to allow him to focus on his parliamentary duties. The board wishes to place on record its appreciation for Colonel Stewart's efforts on the Company's behalf since his appointment in May 2012.
Christian Schaffalitzky, a non-executive director of the Company since November 2010, will hold the position of Interim Non-executive Chairman until such time as a suitable replacement has been identified. Mr Schaffalitzky is a senior metals exploration and development geologist with over 38 years' operational experience.
Mr Schaffalitzky commented: "Bob Stewart has been a tremendous support and guide for the Company over the two years of working with us." Colonel Stewart added: "It is with great regret that I have to leave the board due to my other commitments. I am very confident that Premier Gold is in good hands and I wish the Company every success in its minerals development strategy."
Contacts:
Premier Gold Resources plc | |
Richard Nolan, CEO | 020 7078 9566 |
WH Ireland Limited (Nominated Adviser and Broker) | |
Katy Mitchell | 0113 394 6600 |
Vigo Communications | |
Ben Simons / Alex Aleksandrov | 020 7016 9570 |
About Premier Gold Resources plc
Premier Gold Resources plc (AIM:PGR) is a gold exploration and development company listed on the London Stock Exchange. Premier Gold is focused on gold opportunities in Central Asia, in particular the Kyrgyz Republic, where the Company's current project, Cholokkaindy, is located.
Cholokkaindy is a 32 square kilometre licence area located in the northern Tien Shan, 20 kilometres south of Kara Balta and 80 kilometres southwest of Bishkek. Geological results from Premier Gold's work programme to date support the view that Cholokkaindy is part of a large mineralising system, displaying several key indicators associated with other large gold deposits in the northern Tien Shan metallogenic belt.
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www.premiergoldresources.com