Altan Nevada Minerals Limited announced that the Company has accepted the resignation of Evan Jones as Chief Executive Officer. Mr. Evan Jones will continue to serve as a non-executive Director of the company. As a result of Mr. Jones' resignation, the Company announced that Paul Stephen has been appointed Chief Executive Officer and Corporate Secretary.

The Company has also appointed Barry Bourne as Vice President of Exploration. Mr. Stephen has also joined the Company's board of directors, to hold office until the next annual meeting of the Company. It is the intention of Company management to nominate Mr. Bourne as a director of the Company and seek shareholder approval to fix the number of directors at six at the next annual general meeting of the Company.

Stephen has held directorships across both ASX and London publicly listed companies and has a strong knowledge of operations and compliance across multiple jurisdictions. Stephen Co-founder and Executive Director of Crusader Resources Ltd. oversaw the discovery, development and operations of the Posse Iron Ore mine in Brazil. Bourne also has six years in-country exploration experience in Papua New Guinea, Africa and South America and is jointly credited with exploration success at Casale, Chile (Luciano Cluster), Kabanga, Tanzania (extension), Tusker, Tanzania (Kilimani Zone) and Ruby Hill, USA (Bullwhacker Extension).