Renaissance Gold Inc (CVE:REN) (OTCQB:RNSGF), the US-focused prospect generator, has appointed experienced international geologist Robert W. Schafer as a new director after Robert Boaz has retired, it said on Tuesday.
Schafer, who has over three decades' experience, has been an executive with Hunter Dickinson, Kinross Gold and BHP Minerals and was the founder and CEO of Eagle Mines Management.
He has led teams to the grassroots discovery of mines in the western USA and Russia, as well as developing strategies that led to brownfield discoveries in western Canada and southern Africa.
He is an active member of the Society for Mining, Metallurgy and Exploration (SME) and is president for 2020 to 2021 and he has served on the SME's board for more than ten years.
Schafer is also a past-president and board member of the Prospector & Developers Association of Canada (PDAC), Past-President of the CIM and Past President of the Mining and Metallurgical Society of America.
Renaissance has granted stock options of 200,000 shares to Schafer, which are exercisable for up to five years at C$0.185 a throw - the closing price of Renaissance Gold's shares on the day prior to the grant.
The options granted will be subject to applicable regulatory hold periods.
RenGold boasts a large portfolio of gold and silver exploration properties and has struck over 70 exploration agreements in the last 16 years including those of its predecessor, AuEx Ventures Inc, and those from Kinetic Gold.
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