Directorate Change

RNS Number : 3004U

Premier Gold Resources PLC

14 October 2014

 



For immediate release: 14 October 2014

Premier Gold Resources plc

("Premier Gold" or the "Company")

                                                                                 Directorate Change

Premier Gold (AIM: PGR), the Central Asia-focused gold exploration and development company, announces that Colonel Bob Stewart DSO MP has informed the board of his decision to step down as Non-executive Chairman with immediate effect in order to allow him to focus on his parliamentary duties. The board wishes to place on record its appreciation for Colonel Stewart's efforts on the Company's behalf since his appointment in May 2012.

Christian Schaffalitzky, a non-executive director of the Company since November 2010, will hold the position of Interim Non-executive Chairman until such time as a suitable replacement has been identified. Mr Schaffalitzky is a senior metals exploration and development geologist with over 38 years' operational experience.

Mr Schaffalitzky commented: "Bob Stewart has been a tremendous support and guide for the Company over the two years of working with us." Colonel Stewart added: "It is with great regret that I have to leave the board due to my other commitments. I am very confident that Premier Gold is in good hands and I wish the Company every success in its minerals development strategy."

Contacts:

Premier Gold Resources plc
Richard Nolan, CEO	020 7078 9566
WH Ireland Limited (Nominated Adviser and Broker)
Katy Mitchell	0113 394 6600
Vigo Communications
Ben Simons / Alex Aleksandrov	020 7016 9570

About Premier Gold Resources plc

Premier Gold Resources plc (AIM:PGR) is a gold exploration and development company listed on the London Stock Exchange. Premier Gold is focused on gold opportunities in Central Asia, in particular the Kyrgyz Republic, where the Company's current project, Cholokkaindy, is located.

Cholokkaindy is a 32 square kilometre licence area located in the northern Tien Shan, 20 kilometres south of Kara Balta and 80 kilometres southwest of Bishkek. Geological results from Premier Gold's work programme to date support the view that Cholokkaindy is part of a large mineralising system, displaying several key indicators associated with other large gold deposits in the northern Tien Shan metallogenic belt.

For further information or to sign up to our email 'Alert Service' please visit:

www.premiergoldresources.com

 

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