Algold Resources Ltd. announced the appointment of Benoit La Salle as Chief Executive Officer. Mr. La Salle will continue to serve as Chairman of the Board of Algold, a position that he has occupied since early 2013. Mr. La Salle, FCPA, FCA, has over 20 years of experience in the development and operation of mining projects in West Africa.

In 1995, he founded Canadian-based SEMAFO Inc. Mr. La Salle has been, and remains, a key stakeholder, an investor, a chairman, a board member or an executive of many public and private sector companies, primarily in the mining, energy and clean tech sectors where he has been a strong proponent of transformational change and shareholder value creation. Concurrent with the above organizational change, Mr. Francois Auclair, M.Sc, FGAC, PGeo, formerly the CEO, will assume the key role of Executive Vice-President, Exploration, focusing on the successful execution and continued development of the Algold Tijirit Gold Project in Mauritania. Mr. Auclair will also lead the exploration team in the identification of prospective new gold projects in West Africa.

Mr. Auclair has an extensive and successful track record of gold discovery and project growth in Africa, and has been responsible for the identification and/or development of a number of gold mines in Africa and internationally.