Board of Directors

David Netherway

Non-Executive Chairman

Mr. Netherway is a mining engineer with over 35 years of experience in the mining industry. He was until the recent takeover by Gryphon Minerals Ltd (GRY-ASX), the CEO of Shield Mining Limited. He is also a former director of Afcan Mining Corporation, Orezone Resources Inc. Kazakhgold Ltd and Equigold NL. He is a mine developer and operator who was involved in the construction and development of the Iduapriem, Siguiri and Kiniero gold mines in West Africa. Mr Netherway is currently the Chairman of Aureus Mining Inc.(AUE-TSX & AAAM-AIM), Afferro Mining Inc.(AFF-TSX & AAAM-AIM), GMA Resources plc(GMA-AIM) and a non-executive director of Gryphon Minerals Ltd (GRY-ASX), Crusader Resources Ltd (CAS-ASX) and Altus Resource Capital Ltd (ARCL-LSE).

Alex van Hoeken

Director

Mr. van Hoeken is a Dutch citizen and obtained a B.Sc. in Mining Engineering from the Colorado School of Mines in 1991. His early career included positions in the maritime construction industry in Nigeria, Malaysia, Qatar, and several European countries, after which he was involved in the establishment of gold and copper exploration and mining ventures in Indonesia, Mexico, and Oman. He has been active in the mining industry in various management and consulting positions in the Democratic Republic of Congo (DRC) in the gold, diamond, and copper sectors since 1999 and has extensive experience with remote operations. Mr. van Hoeken has been a director and managing director of several private companies and subsidiaries of listed companies since 1996. He is fluent in French, and is a Fellow of the UK Institute of Materials, Minerals, and Mining as well as a UK Chartered Engineer, and a Professional Member of the US Society of Mining Engineers.

Jim Mustard

Director

Jim Mustard, formerly Senior Mining Analyst, Vice President, at Haywood Securities Inc. is a professional geologist and registered professional engineer. With over 25 years of industry experience with major Canadian, international mining companies, and the Government of Canada, Jim's interest focuses on the junior exploration sector to identify early stage opportunities and his global research focuses on gold, silver, copper, lead, zinc, nickel, PGMs and diamonds.

Jim Williams

Director

Jim Williams is a professional geologist with more than 20 years worldwide experience for a variety of minerals. For the past six years Mr Williams has been evaluating silver (and gold) projects in Mexico and is very familiar with both epithermal and VMS systems. Mr Williams is a Fellow of the UK IMMM, a CEng and a CGeol. He is also a Eur. Ing., and a Euro. Geol. In addition, he is involved with various project financings, and is conversant with the US, Canadian and UK financial 'circuits' and this has been demonstrated over the past ~ six years. Mr Williams holds BSc, MSc and DIC degrees in geology and exploration.