Lodestar Minerals Limited announced the resignation of Tim Clifton as a director of the company. The Board announced the appointment of Ross Taylor to the Board in the position of Chairman. Ross has been an active supporter of the company for a number of years, and is the company's shareholder.

Ross is a Chartered Accountant and brings a wealth of business experience to the board. Ross worked for a Chartered Accounting firm before embarking on a highly successful career in the global investment banking sector, where he worked for Bankers Trust, Deutsche Bank and Barclays Capital.