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Lavras Gold Corp. Announces Leadership Transition Hemdat Sawh Appointed Interim President & CEO - Search Underway to Identify Successor President & CEO
Toronto, Ontario--(Newsfile Corp. - October 31, 2025) - Lavras Gold Corp. (TSXV: LGC) (OTCQX: LG...
About this update from Lavras Gold Corp
[{"type":"text","content":"Lavras Gold Corp. Announces Leadership Transition Hemdat Sawh Appointed Interim President & CEO - Search Underway to Identify Successor President & CEOToronto, Ontario--(Newsfile Corp. - October 31, 2025) - Lavras Gold Corp. (TSXV: LGC) (OTCQX: LGCFF) (\"Lavras Gold\" or the \"Company\") today announced that the Company's Board of Directors (the \"Board\") has appointed Hemdat Sawh as Interim President and Chief Executive Officer (CEO), effective immediately, following the departure of Michael Durose as President, Chief Executive Officer (CEO) and Director of the Company. Michael Durose is stepping down after serving in these roles since April 2022.Hemdat Sawh is currently Lavras Gold's Chief Financial Officer (CFO) and will remain in this position while carrying out his new role. He is a seasoned mining finance executive and has served as Lavras Gold's CFO since its inception. Previously, Mr. Sawh was the CFO of Amarillo Gold Corporation (\"Amarillo\") from November 2017 to its acquisition by Hochschild Mining PLC in April 2022. The Nominating and Governance Committee of the Board, chaired by David Birkett, will embark on a process to identify a permanent President and CEO. In his role as Interim President and CEO, Mr. Sawh will be assisted by Board members, Jonathan Hill and Mike Mutchler who will fill the roles of Interim Vice President of Exploration and Interim Chief Operating Officer, respectively. Mr. Hill, who is based in Brazil, is an economic geologist and specialist consultant with over 35 years of experience in exploration, project development, and mining operations around the world. Mr. Hill, who was formerly V.P. Geology and Exploration at Jaguar Mining Inc., is a non-executive director of Royal Road Minerals, Avanti Gold Corp., Lode Gold and Spark Energy Minerals. Mr. Mutchler is a fifth-generation miner, and a corporate director at Orvana Minerals Corp. and a mining consultant. Previously, he served as President, CEO, and a Director of Amarillo from January 2018 to its acquisition in 2022 and held various prior senior management and consulting roles in the mining industry. The restructured management team intends to focus on transitioning the Company's LDS Project from its current advanced exploration stage to the development stage. The team will continue to de-risk the project via environmental studies, permitti...