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Ascot Resources appoints new president/CEO, directors

Ascot Resources Ltd. said Oct. 6 that John Toffan stepped down as president and CEO due to health reasons, with Derek White appointed as a replacement.

The company also added two new names to its board of directors, Rick Zimmer and James Stypula.

White comes with a mining background, including executive positions at KGHM International, a subsidiary of KGHM Polska Miedz SA.

Ascot is focused on exploring precious metals properties in British Columbia and recently acquired Boliden AB's Premier gold property in the western Canadian province.