African Gold (ASX:A1G) appointed Adam Oehlman as chief executive.

Oehlman recently served in a senior role with Hancock Prospecting, according to a Tuesday filing with the Australian bourse.

Shares of the gold explorer jumped almost 109% in recent Tuesday trade and earlier reached its highest since October 2022.

Price (AUD): $0.10, Change: $+0.05, Percent Change: +108.51%