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Ironridge Resources installs new non-executive chairman
Mineral exploration firm Ironridge Resources announced on Thursday that Neil Herbert has been appointed as non-executive chairman with immediate effect.
Herbert joined Ironridge Resources as an independent non-executive director in February 2015 after the firm's admission to AIM, is the chair of the remuneration and nomination committee and a member of the audit and risk committee.
Vincent Mascolo, chief executive of IronRidge, said: "we welcome Neil to the Board as Non-Executive Chairman, whose experience and knowledge will be an invaluable asset to the Group as it continues to advance its project portfolio."
Herbert will replace Nick Mather, who will remain on the Board as a non-executive director.
"On behald of the Board, I would like to thank Nick for his service and contribution to the development of IronRidge and we wish him well in his other executive roles," said Mascolo.
Ironridge has a number of assets throughout Africa and Australia, and announced last month that it hit high grade gold in rock chip samples taken from its Dorothe license in Chad.
As of 0941 BST, Ironridge Resources' shares were 7.52% at 25.20p.