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Friday, 26th September 2008 (1086 views)

Lake Shore Gold has announced that it has appointed a new senior member to its team.

Mario Stifano will join the firm as vice president and chief financial officer.

He is a charted accountant with extensive experience in the mining sector and comes to Lake Shore from Toronto-based metals company Ivernia.

One of his achievements for that organisation was implementing strategies in order to bring the Magellan mine in Western Australia to the production stage.

President and chief executive officer of Lake Shore Anthony Makuch said that Mr Stifano will play a "key role" for the firm.

He added: "Mario's extensive experience will be very valuable as we continue to pursue opportunities to grow Lake Shore Gold from our existing strong base of projects."

In other news, Q2 Gold Resources has entered into an agreement with Corriente Resources to provide $750,000 (£408,000) for further exploration work.

 

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