13/02/2017 - 13:33

Kin chairman resigns as board restructures

13/02/2017 - 13:33

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Perth-based gold explorer KIN Mining has announced a board restructure that includes a change in chair and managing director roles, as it works towards development of its Leonora project.

KIN Mining's Leonora gold project in Western Australia.

Perth-based gold explorer KIN Mining has announced a board restructure that includes a change in chair and managing director roles, as it works towards development of its Leonora project.

In a statement today, Kin said long-serving managing director Trevor Dixon had become non-executive chairman, replacing Terry Grammer who has retired from the board.

Chief executive Don Harper has been appointed managing director, while former Polymetals Mining chairman David Sproule has joined the board to replace Fritz Fitton as a non-executive director.

Mr Dixon said the restructure provided the company with additional operating skills and emphasis that was needed as Kin moved towards development and production of the Leonora gold project.

“David’s skills and experience will be extremely valuable as we finalise the feasibility study, negotiate key contracts and start development,” he said.

“Since joining the company six months ago, Don has made a significant contribution to delivering a successful pre-feasibility study on time and professionally bringing together a team of consultants and employees to drive the process efficiently and effectively.”

Mr Dixon also paid tribute to Mr Grammer and Mr Fitton for their contributions to the company over their tenures.

Kin shares were 2.4 per cent lower to 20.5 cents each at the close of trade.

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