New Talisman Gold Mines (ASX:NTL) has appointed executive director Matthew Hill as a director of its wholly-owned subsidiary Coromandel Gold.
This follows Geoffrey Hill stepping down as a director of Coromandel. He remains a significant shareholder in New Talisman.
Geoffrey had chaired the board of the company for many years until March 2012.
Under his stewardship the company successfully built a portfolio of highly prospective exploration permits and raised the funds to drill and evaluate them.
New Talisman is expecting to bring its Talisman gold mine in New Zealand by the end of this year.
The mine is located on the Coromandel Peninsula and had previously produced 1 million ounces of gold and 3 million ounces of silver.
It has a JORC Resource of 205,000 ounces of gold including a Reserve of 28,800 ounces of gold.
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News: New Talisman Gold Mines appoints Matthew Hill as director of Coromandel Gold
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