AuStar Gold Limited announced the appointments of Mr. Bill Frazer as Chief Executive Officer and Ms. Toni Griffith as Chief Financial Officer. Mr. Bill Frazer has been appointed to the role of Chief Executive Officer of the Company. Bill is a highly regarded and respected industry leader with over 35 years' experience in tin, copper, zinc, nickel and gold assets, predominantly in Western Australia and Victoria, and is a qualified mining engineer.

Bill joins the business following a role at Oreteck Consulting, Melbourne. A resident of Melbourne, he will assume on-site and corporate leadership of AuStar as Chief Executive imminently. Mr. Frazer spent 12 years as co-founder and director of Mining One, a leading independent mining, geotechnical and geology consultancy.

His breadth of experience includes geology, geotechnical, mine safety, mine planning, contracts, productivity, environmental, aboriginal heritage, continuous improvement, processing and human resources. In collaboration with the Board, Bill will oversee the planned merger and integration of the Centennial Mining Limited assets into the group. Acting Chief Executive Officer Peter de Vries will transition back to a senior exploration management role within the Company to ensure the focus on identifying and realising the exploration potential of the group, and growing the production profile within that portfolio, is maintained.

Peter will also take a leading role in progressing the group's regional exploration strategy. The Board wishes to thank Peter for his significant contribution as Acting Chief Executive Officer and for his continuing commitment to the Company. Toni is a senior gold sector executive with significant experience leading the financial function within mining and exploration companies in Australia.

Toni has a track record of success with over 30 years of commercial, financial management and corporate governance experience in senior and executive appointments. More recently appointments included the role of General Manager - Finance of Crocodile Gold to 2011 and Chief Financial Officer and Company Secretary of Castlemaine Goldfields to 2017.