Cornish Metals Inc chief executive officer Richard Williams will step down from the post and the board at the end of this month.
Mr Williams will remain available as a consultant to the company.
“On behalf of the board of directors I want to thank Richard for the many achievements he made and obstacles overcome to bring the company and the South Crofty tin project to where it is today,” said chairman Patrick Anderson.
“Richard was instrumental in acquiring the project from administration in 2016, the company’s dual listing on AIM in 2021 and securing the company’s cornerstone investment from Vision Blue Resources in 2022.
“We wish him all the best in his future endeavours”,
Non-executive director Ken Armstrong will become interim CEO and Mr Anderson, who is also founder, CEO and a director of Dalradian Resources Inc, will be executive chairman until a new CEO is appointed.
Mr Armstrong is currently chairman of Cornish Metals’ audit committee and was CEO of the company under its previous name of Strongbow Exploration until 2015.
He is a professional geologist (ON, NWT & NU)* with more than 25 years’ experience in the mineral exploration and mining industry.
Mr Armstrong is also president and CEO of North Arrow Minerals Inc. and the immediate past-president of the NWT and Nunavut Chamber of Mines.
Cornish Metals is focusing on completing a preliminary economic assessment and dewatering South Crofty mine before a construction decision.
*Ontario, Northwest Territories, Nunavut