Santa Fe Gold Corporation (OTCBB:SFEG) intends to establish itself as a major player in the precious metals mining field.
The Company's goal is to produce significant cash flow from precious metals holdings while creating a portfolio of high quality exploration
and bankable development projects that will ensure future revenue growth.
Mr. Hofer will continue to serve as Chairman of The Board of Directors.
Mr. Hofer, who has served as Chairman of Santa Fe since October 2014 and interim CEO from May 6 2016 thru July 31 2016,
has been involved in a wide array of corporate finance and strategic transactions. As principal of HFE MAC LLC since 2007,
Mr. Hofer provides management and advisory services to public and private companies. Activities include evaluation of all facets of work flow,
development of business models, restructuring finance and accounting processes, regulatory compliance and risk management.
Mr. Hofer has assumed key management roles for clients, several of which have been oil and gas companies.
From 1999 to 2007, Mr. Hofer was CFO for three Swiss technology, manufacturing and energy management companies,
and from 1995 to 1998 was financial controller for Zurich State Bank. He also served as Chief of Logistics, Colonel and a Member of General Staff in the Swiss Army.
Mr. Hofer holds a MBA degree from the University of Chicago; and three degrees, including Master of Finance,
Bachelor of Economics and Bachelor of Engineering from universities in Switzerland. He is fluent in four languages.