Former Sino Gold chief Jake Klein has been appointed executive chairman of struggling explorer Conquest Mining, a month after a study found a gold-copper-silver project was not commercially viable.
Mr Klein will take over from John Terpu, who has previously flagged his intention to step down from the board once a replacement was found.
Directors Bruno Firriolo and Joe Radici will also step down from the Conquest board once shareholders approve the appointments of Nicholas Curtis and James Askew.
Chairman Rich Krasnoff will continue to serve on a non-executive basis.
Last month, Conquest appointed Jake Klein to carry out a strategic review of the Silver Hill project in Queensland after a definitive feasibility study found it could not deliver commercial returns.
Mr Krasnoff said Mr Klein's appointment will set a new path for the company.
"I am enormously pleased that Jake Klein has agreed to take on this role leading the Company and building a development and production focussed team," Mr Krasnoff said.
"His experience demonstrates the exceptional leadership he brings to a gold company, which will be the catalyst for increasing shareholder value for all Conquest shareholders."
Mr Klein will have a fixed remuneration of $400,000 each year, and will receive an incentive options package, subject to shareholder approval.
Shares in Conquest dipped 0.5 cents to 27.5c at 11:46 AEDT.