AAP reported that IRON ore hopeful Polaris Metals has appointed a new management team as the company prepares to make the transition from explorer to producer.

As per report Polaris has appointed Mr Jonathon Lea COO to the role of managing director, replacing incumbent Mr Kevin Shultz in the top job. The company has also appointed Mr Alan Tough to executive director of operations.

Polaris said the new appointments would guide the company through its scheduled transition to iron ore producer by 2009.

Polaris 's flagship is the Poondano iron ore project located 30 kilometers southeast of Port Hedland in Western Australia.