– UK, London – Aurum Mining plc (AIM: AUR), the Spanish focused gold and tungsten explorer, is pleased to announce the appointment of Christopher Eadie as executive director with immediate effect. Chris will assist with the on-going transformation of the Company with the specific brief of undertaking a strategic review of the Company’s mining assets.
As part of the transformation process and in order to keep operating costs to a minimum, Haresh Kanabar will be stepping down from the Company’s Board at the Company’s Annual General Meeting on 29 September 2016.
David Williams, the Company’s Chairman commented: “I am delighted to welcome Chris back onto the Board as we look to develop a new strategy for the Company.
“I would like to thank Haresh for his commitment to the Company over a period of many years and I wish him all the best with his future endeavours.”
Mr Eadie, aged 47, previously served on the executive board of the Company between November 2006 and March 2015.
Aurum Mining is an AIM listed exploration and development company focused on its highly prospective portfolio of gold and tungsten assets in North West Spain.
- Gold
Through its joint venture agreement with Ormonde Mining plc (AIM: ORM), Aurum currently has a 56.5% interest in the Pino de Oro project in Zamora Province and a 51.4% interest in the Peralonso and Cabeza projects in Salamanca Province. - Tungsten
Aurum’s 20% owned Morille Tungsten project is located approximately 15km south west of Salamanca in North West Spain and covers an area of 5,796 hectares. The permit area is a ‘brownfield’ site with historical data indicating production from the site of high quality tungsten concentrates.
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