Tanzanian Gold Corporation (TNX) appoints Andrew Cheatle to the position of Chief Operating Officer (COO).
Cheatle is an accomplished mining executive, geoscientist, and director.
A graduate of the Royal School of Mines, Imperial College, London, his 30-plus-years international career has encompassed operations/production, development, and exploration in senior & junior mining sectors.
His considerable operational and project management experience includes senior positions with the development of (at that time) Anglo American Corporation’s Moab Khotsong Gold Mine, JCI’s South Deep Project and significant expansions of Placer Dome’s/Goldcorp’s Musselwhite Mine.
Cheatle currently sits on the Board of Directors at Condor Gold plc, Troilus Gold Corp., and TanGold.
He also volunteers on the Development Partner Institute's advisory councils, the Canada-International Finance Corporation Africa Local Economic Development Partnership and as a Director of International Women in Mining.
He will be spending considerable time in Tanzania with the highly motivated and talented local Buckreef team and our joint venture partner STAMICO to advance the Buckreef to become a major gold mine.
TanGold and STAMICO will move forward with the documentation and approval process for the previously agreed to amendments of the Buckreef Joint Venture Agreement as disclosed in January.
Stephen Mullowney, Chief Executive Officer (TanGold), commented, “I am delighted to have a talented and respected individual such as Andrew agree to take on a more substantial role with TanGold."
"Together, we look forward to continuing to build and grow our relationship with Tanzania for the benefit of all stakeholders as we develop in conjunction with STAMICO, the exciting Buckreef Gold Project,” concluded Mullowney.
TanGold, along with its joint venture partner, STAMICO, is building a significant gold project at Buckreef in Tanzania that is based on an expanded Mineral Resource base and the treatment of its mineable Mineral Reserves in two standalone plants.
Tanzanian Gold (TNX) is up 7.61 per cent and is trading at C$0.99 at 12:37 pm EST.