Timmins Gold Corp. (TSE:TMM) announced on Monday that it has appointed Colin Sutherland as CFO to replace Eugene Hodgson, effective immediately.
Sutherland, who is a chartered accountant, has over 15 years worth of experience in corporate finance, capital markets and strategic initiatives, and has been involved in mergers and acquisitions totalling $1 billion, as well as financings in excess of $500 million.
"We are delighted to have someone of Colin's caliber join our team," said CEO of Timmins Gold, Bruce Bragagnolo.
"His track record in the mining industry and experience helping lead a company through a rapid period of growth and transition will serve him well as he joins the company at this exciting juncture in our history," he added.
Hodgson will remain as a director for the company.
Timmins Gold is a junior gold exploration and development company focused solely in Mexico.
The company forecasts production at its San Francisco gold mine in Sonora, Mexico to be in excess of 100,000 ounces of gold per year at a life of mine cash cost of about U.S. $489 per ounce. Its other properties in Mexico include Tequila, Cocula and El Picacho.
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