The managing director of gold explorer A1 Minerals, John Williams, has made a sudden departure from the company, tendering his resignation yesterday.
In a statement released yesterday, the company refrained from revealing why Williams had stepped down.
Williams’ resignation was effective immediately and, as no replacement has been named, the explorer is now without a chief executive.
The board has appointed the current chief financial officer Albert Longo as finance director as well as Bill Hobba and Richard Stroud as non-executive directors, effective immediately.
Hobba established the company’s Brightstar gold plant and has been assisting on mill operation matters on-site.
Richard Stroud is a mining engineer with 37 years of experience and is currently a director of Perth-based mining consultancy Optiro.
The company acknowledged Williams contribution to the company, including his work to develop a “substantial” resource base and the Brightstar mine.