Managing Director appointment

Chesterfield Resources Plc/ EPIC: CHF/Market: LSE/ Sector: Mining

8 June 2020

Managing Director appointment

Chesterfield Resources Plc, the copper and gold mineral exploration company, is pleased to announce that Michael Parker is being promoted from Chief Operating Officer to the position of Managing Director.

Managing Director, Mike Parker said, "I am very pleased to accept the appointment and look forward to lead the team through the next stages of the exploration program with the company. Our local technical team has been released from lockdown and is now in the field preparing several targets for drilling later this month."

Executive Chairman Martin French said, "We are delighted that Mike Parker has accepted this new position which strengthens and broadens our management structure. Mike had a long and distinguished career at First Quantum Minerals where he was country manager of significant mining jurisdictions in DRC and then Peru. He was key in two major copper discoveries for First Quantum.  Mike has been with Chesterfield for over a year and has been instrumental in running operations and developing our targeting in Cyprus."

About Chesterfield Resources Plc

Chesterfield Resources is a copper-gold exploration and development Company active in Cyprus. The Company strategy is to generate value for shareholders by discovering and developing multiple deposits to production. Chesterfield is in the advanced stage exploration in on its Troodos West licence area, and has a large bank of licence areas elsewhere in Cyprus, either granted or under application.

Market Abuse Regulation (MAR) Disclosure

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.

**ENDS**

For further information, please visit www.chesterfieldresourcesplc.com  or contact:

Chesterfield Resources plc:

Martin French, Executive Chairman Tel: +44(0)7901 552277

Brandon Hill Capital (Broker):

Jonathan Evans/Oliver Stanstead Tel: +44 (0) 203 463 5000

ENDS