Colt Resources appoints non-exec chairman

Canada-based junior explorer Colt Resources (CVE: GTP) said on Monday that it has appointed Jean Depatie as non-executive chairman of the company.
"We are very pleased to announce today that management has decided that the company has now reached a stage where it is appropriate to separate the positions of Chairman and that of President and CEO,” said Nikolas Perrault, president and CEO of Colt Resources.
Depatie has 35-years worth of experience in national and international economic geology. He has been on Colt’s advisory board for the past three years, and a member of the board of directors since February.
He has worked in over 15 countries and has consulted for organizations like the United Nations, the World Bank, and Quebec’s Ministry of Natural Resources.
Since 1981, Depatie has been working as president and vice president for several mining companies, having been instrumental in developing the Montreal office of Consolidated Thompson Iron Mines. Currently, he is president of Decamines of Montreal.
Colt Resources explores for gold and tungsten, and is the second largest lease holder of mineral concessions in Portugal.