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Havilah Resources Restructuring Board

Havilah Resources (ASX: HAV) is restructuring its board as it transitions towards becoming a minerals producer with executive chairman Dr Bob Johnson stepping down.

The board has elected directors Ken Williams as its independent non-executive chairman and Dr Chris Giles as its managing director.

Giles will remain in this role until the company appoints a suitably qualified and experienced senior executive, who will be responsible for management of the development and operation of Havilah's three advanced mineral projects, namely Portia gold, Kalkaroo copper-gold and Maldorky iron ore.

He will then return to his role as technical director, exploration and corporate development.

"As one of the founders and a driving force within Havilah, Dr Bob Johnson has played a key role in Havilah's extraordinary exploration success over the last decade," Williams said.

"Bob has stepped aside to allow Havilah to engage a different skill set in order to focus on the next stage of its development as it becomes a mineral producer."

The company had recently appointed the former head of NAB Corporate, South Australia, Paul Mertin as an independent non-executive director of the company and chair of the audit committee.

It has recently identified a potential economic extension to the current cooper-gold resource at its West Kalkaroo conceptual open pit.

Havilah has also submitted a Mining Lease Proposal document to the Department for Manufacturing, Innovation, Trade, Resources and Energy for Maldorky that specifies details of the mining operations and supports its application for a mining lease over the mine.

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