On Friday, Vancouver-based
Midas Gold Corp. (TSX: MAX) announced that five members the Company’s current Board of Directors will transition to five new, independent directors who will assist the Company in moving the Stibnite Gold Project through the remaining phase of permitting.
Under the transaction, the following board members had resigned: Keith Allred, Jaimie Donovan, Brad Doores , Jon Goode, and Peter Nixon, the former lead director, who said – “Today's transition allows the Company to continue to focus on the execution of its business plan, the successful completion of the permitting process, and the Company's continuing efforts to create value for all stakeholders.”
They will be replaced by: Bob Dean, David Deisley, Jeff Malmen, Chris Robison, Alex Sternhell, and Laurel Sayer, who is also President and CEO of Midas Gold.
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Midas Gold Corp. is advancing the exploration and, if warranted, site restoration and redevelopment of gold-antimony-silver deposits in the Stibnite-Yellow Pine district of central Idaho that are encompassed by the Stibnite Gold Project.