Thor Mining PLC (LON:THR) (ASX:THR) said it has decided to appoint a further mining industry professional to the board to assist project development and commercialisation activities.
In a statement, the AIM-listed group said the role to be filled is expected to be an additional executive director and the candidate is currently undergoing standard due diligence. The firm added that a further update will be provided when due diligence is completed.
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Mick Billing, Thor’s executive chairman, commented "The Company had identified a requirement for a full time mining executive at board level to help drive the strategy of commercialisation of our key advanced assets and as it assesses new opportunities, including the potential for lithium and conglomerate hosted gold in the Pilbara Region of Western Australia."
He added: "Thor is actively finalising various project specific work activities and we anticipate further updates will be provided to the market in this regard in the near term."
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Thor also announced that Gervaise Heddle stepped down as a non-executive director of the company, with effect from 14 December 2017 due to demands associated with his executive responsibilities elsewhere.