TORONTO, Feb. 19, 2015 /CNW/ - St Andrew Goldfields Ltd. (TSX-SAS) (OTCQX-STADF), ("SAS" or the "Company") today announced that effective immediately, Herbert Abramson will become Chairman of the Board. Mr. Abramson has been a director of the Company since 1995 and held the position of Chairman of the Board from 1995 to 2009. In light of Mr. Abramson's relationship with other shareholders of SAS, Mr. John Hick, who has been a director of the Company since 2012, was appointed Lead Director.
SAS also announces that Don Njegovan has been appointed to the Board of Directors. Mr. Njegovan, a mining engineer, is a former Managing Director, Global Investment Banking-Mining of Scotia Capital.
SAS (operating as "SAS Goldmines"), is a gold mining and exploration company with an extensive land package in the Timmins mining district, north-eastern Ontario, which lies within the Abitibi greenstone belt, the most important host of historical gold production in Canada.
SAS owns and operates the Holt and Holloway mines. The Company is also advancing the Taylor Project and is conducting an aggressive exploration program across 120km of land straddling the Porcupine-Destor Fault Zone.
SOURCE St Andrew Goldfields Ltd.
For further information: about St Andrew Goldfields Ltd., please contact: Tel: 1-800-463-5139 or (416) 815-9855; Fax: (416) 815-9437; Website: www.sasgoldmines.com; Keyvan Salehi, P. Eng., MBA, Senior Director, Corporate Development and Technical Services, [email protected]; Duncan Middlemiss, P. Eng., President & CEO, [email protected]; Ben Au, CFO, VP Finance & Administration, [email protected]