McCarthy's departure is not due to any disagreement with the company's operations, policies, or practices. According to InvestingPro analysis, the company currently operates with a significant debt burden, with total debt of $192 million and a concerning current ratio of 0.57. The company also announced the appointment of William Paul Chawrun as the new COO, effective Thursday, April 30, 2025. Chawrun brings extensive experience from his previous roles, including COO and Executive Vice President at Centerra Gold and COO of Teranga Gold (OTC: TGCDF ). His expertise includes overseeing safety and engineering improvements, cost reductions, and the advancement of development projects. Chawrun's employment agreement includes an annual base salary of $400,000, with eligibility for annual short-term and long-term incentive bonuses. He will also be granted 700,000 restricted share units (RSUs) that will vest over a three-year period.