DIRECTORS & SENIOR MANAGEMENT

Directors

Joseph I Gutnick

President, Chief Executive Officer, Chairman of the Board

Mr Gutnick has been Chairman of the Board, President and Chief Executive Officer since November 2004 and is Chairman of the Board, President and Chief Executive Officer of a number of public listed companies in Australia and the USA specialising in the mining sector since 1980.

He was responsible for overseeing the discovery, development and operation of the world class Plutonic, Bronzewing and Jundee gold mines in Australia. Mr Gutnick is a Fellow of the Australasian Institute of Mining and Metallurgy, a Fellow of the Australian Institute of Management, a Member of the Institute of Company Directors in Australia, and was a Director of the World Gold Council. Mr Gutnick was awarded the prestigious Diggers award at the 1997 Diggers and Dealers Industry Awards.


Dr David S Tyrwhitt

Non-Executive & Independent Director

Dr Tyrwhitt was appointed a Director in March 2005. He is a geologist, holding a Bachelor of Science and PhD degrees and has 40 years experience in mineral exploration and management development and operation of gold mines in Australia. Dr Tyrwhitt worked for over 20 years with Newmont Mining Corporation in Australia, South East Asia and the United States. He was Chief Executive of Newmont Australia Limited between 1984 and 1988, and Chief Executive Officer of Ashton Mining Limited between 1988 and 1991.

Dr Tyrwhitt is a Director of numerous public listed companies in Australia and the USA in the mining industry.


Senior Management

Peter J Lee

Chief Financial Officer & Secretary

Mr Lee has been Chief Financial Officer since March 2005 and Secretary since November 2004. He is a Chief Financial Officer and Secretary of a number of Australian and US listed public companies. Mr Lee has over 25 years of experience in the accounting, company secretarial and commercial fields both in Australia and overseas. Mr Lee has been involved in the development and introduction of a range of corporate issues including registration of several companies in the United States, chairing due diligence committees, preparation of prospectuses, project management, preparation of annual reports, and organisation and control of annual general meetings. Prior to joining the Company, he spent six years with Price Waterhouse in Melbourne and Papua New Guinea. Mr Lee is a Member of the Institute of Chartered Accountants in Australia, a Fellow of Chartered Secretaries Australia Ltd., a Member of the Australian Institute of Company Directors and holds a Bachelor of Business (Accounting) from Royal Melbourne Institute of Technology.


Craig Michael

General Manager Resources - B.Sc(Hons), B.Sc(Geol)

Mr Michael has eight years experience in the mining and resources industry. His previous work was with Oxiana Ltd where he was based in Laos in a Supervisor/Trainer role, both as a Mine Geologist and Resource Geologist at the Sepon Copper Gold Project. He was responsible for the geological interpretation of the Khanong copper-gold deposit and the surrounding oxide and primary gold deposits. In conjuction with training the national geologic staff in all mining and resource geology functions, Mr. Michael also conducted resource estimates for public reporting. Prior to his time with Oxiana, he was a Mine Geologist at Sons of Gwalia’s Carosue Dam Gold Project in Western Australia, where he also conducted his honours thesis on their flagship Karari gold deposit.


Dr James H. Wright

Manager Research - B.Sc., M.Sc., DIC., PhD.

Dr Wright has twenty-six years of mineral exploration experience within Australia and has been involved in the search for base metals, gold, tin, uranium and diamonds. The majority of his experience has been gained in Western Australia, Queensland and the Northern Territory. He has also had involvement with regolith research and regional geological studies with a gold and diamond focus. In addition Dr Wright has provided background research in geochemistry, assay standards and assaying/sampling and he has had a close association with the development of geological procedures for exploration and for codifying geological information. He has been involved in major gold discoveries in Western Australia.


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