Aura Silver Resources Inc (CDNX: AUU.V) announced that Robert Boaz would assume the duties of President and CEO of the company. Former CEO Jeffrey Klenda will stay on as Chairman of the Board. Former President Paul Pitman will remain with the company as a consulting geologist, said the company in a press release.
Jeffrey Klenda, Chairman stated: "We are pleased that Robert Boaz has agreed to accept these management leadership roles for Aura Silver. His considerable experience in the investment industry and knowledge of the resource sector will allow us to take Aura Silver to the next level of corporate growth. Aura Silver remains well funded with approximately $1.4 million cash on hand.
"Further, the Company has reached a stage whereby the considerable geological experience of Mr. Pitman, Eric Craigie, Director and Vice President of Exploration of the Company, and Dr. James Franklin, Director of the Company, can now focus on further developing and adding to our portfolio of properties. We expect that 2008 will be a pivotal year for Aura Silver. Our joint venture with Intrepid Mines Ltd. is set to initiate the second phase drilling program at the Taviche, Mexico properties in Oaxaca during the summer of 2008; and the Company will continue work programs at our Greyhound, Nunavut property."
Along with working in the power and natural gas industry, Boaz has 18 years of experience in the financial industry. Boaz has been a directer with Aura Silver since September 2006.
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