Challenger Exploration (ASX: CEL) has appointed Mr Pini Althaus, a New York-based executive with experience in the mining and resource sector, as a Non-Executive Director.
The gold producer says Mr Althaus has a strong network in the North American investment community and will introduce Challenger into this network.
He will be remunerated through an incentive package of performance rights, subject to shareholder approval at the next AGM.
Mr Althaus says: "As an early investor and long-time shareholder of Challenger, I have watched the company progress from its first drill hole at Hualilan to a 2 million ounce MRE, which is still growing into what appears to be a world-class asset."