Michael Kiernan-chaired Monarch Gold Mining Company Ltd has made further board changes as its readies to commence gold production.
The company said non-executive directors David Macoboy and John McKee will step down in coming months.
Two new Directors, Ian Huitson as Operations Director and Keith Vuleta as Finance Director, will be added to the Board bringing mining and finance experience.
Monarch Chairman Michael Kiernan said the resigning directors had played a key role in getting Monarch to the cusp of production.
"Having worked together with David for many years to help build Consolidated Minerals and now Monarch, I will miss his input and counsel at Board level and I would also like to thank John for his important contribution to the company," Mr Kiernan said.
Mr Macoboy will step down on July 1, and Mr McKee at Monarch's August Board meeting.
"Both Directors have decided to step down having helped steer Monarch to a point of imminent production, and we now welcome two new members to the Board who bring the experience and capacity to help drive Monarch towards its production goal of 500,000 ounces per annum," Mr Kiernan said.
"Ian, currently Monarch's Chief Operating Officer, played an integral role in the development of Consolidated Minerals, and has key strategic and operational experience in growing mining organisations," Mr Kiernan said.
"Monarch's Chief Financial Officer Keith Vuleta has been appointed to the position of Finance Director. Keith has provided administration, finance and accountancy advice and it is appropriate he be appointed as a Director," Mr Kiernan said.
"We are at an exciting point in our development, and we have the team in place to steer Monarch to be a significant gold producer," Mr Kiernan said.
