Valor Resources Ltd (ASX:VAL) has confirmed that Dr Nicholas Lindsay has accepted the role as chief executive officer (CEO).
Dr Lindsay has been acting as Valor’s technical director and his role has now been expanded to CEO.
He was instrumental in the finalisation of the recent scoping study and the structuring of the immediate technical plans.
READ: Valor Resources advancing polymetallic project in Peru as positive news flow continues
At the end of November 2018, Mark Sumner will leave the board and Brian McMaster will assume the role of chairperson.
Sumner will continue to provide consulting services to the company.
During September 2018, Valor elected to proceed with a pre-feasibility study (PFS) for the Berenguela project after receiving a positive scoping study.