Northern Territory focussed KGL Resources (ASX:KGL) has appointed Denis Wood as acting chairman, and Chris Bain has stepped aside.
KGL said that it is in discussions with a potential candidate for the permanent chairman role.
Recently KGL revealed a Pre-Feasibility Study for its Jervois multi-metal project.
Jervois has been ranked in the lowest quartile for costs and first quartile for grade of undeveloped copper projects in a global ranking, and has a low capital intensity when ranked against peers.
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