Westgold Resources Limited (ASX:WGR) Announce Appointment of Managing Director and Board Restructure
Perth, June 1, 2011 AEST (ABN Newswire) - Westgold Resources Limited (
ASX:WGR) advises that it has restructured its Board to reflect the Company's focus on development and production from its Northern Territory and Western Australian gold projects.
Mr Scott Huffadine has been appointed as the new Managing Director with immediate effect. Mr Huffadine is a Geologist (BSc. (Hons)) with over 18 years' experience in the resources industry, specifically in mining project management and geology. He was an Executive Director of Metals X Limited (ASX:MLX) since June 2009, and was the Chief Operating Officer of the same company for the two years prior to this. Prior to joining Metals X, he was employed by Harmony Gold Australia Pty Ltd as the General Manager of the Hill 50 Gold project for 4 years which included the assets that encompass the current Central Murchison Gold Project.
Mr Huffadine's previous roles have seen him manage operational start-ups for open pit and underground mining operations, as well as the operational management of large scale going concerns in a number of regulatory environments and commodities. His appointment and background in project development and production reflects the Company's clear focus on building the next mid tier Australian gold producer through the development of the Central Murchison Gold Project (CMGP) and Rover 1.
Mr Andrew Beckwith will continue to apply his extensive experience and lead the Company's exploration team in an executive role as Director - Exploration.
Aragon's former Managing Director, Mr Paul Benson, has elected not to take up a position with Westgold and will pursue other opportunities. The Board would like to thank Mr Benson for his valuable contributions during his Aragon directorship.
Mr Paul Cmrlec has tendered his resignation as a director of Westgold in order to focus on his role as Managing Director of Pacific Niugini Limited. The Board would like to thank Mr Cmrlec for his valuable contributions during his directorship.
With the above changes Westgold believes it has an appropriately experienced Board and executive team to meet the Company's new objectives.
About Westgold Resources Limited
Westgold Resources Limited (ASX:WGX) is a dynamic and responsible explorer and developer of gold mines operating in the prolific goldfields of outback Western Australia.
Westgold typifies the world-leading mining technology, ingenuity and pioneering attitude that Australia's mining industry is renowned for by uniquely being the owner-operator of its mines and projects.
Our overall business has two main pillars - gold operations in the Murchison region of Western Australia and a specialised wholly-owned underground mining services arm - Westgold Mining Services.
We strive to create wealth for our shareholders with a respectful and grateful manner knowing we are the custodian of their assets and resources.
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