DIRECTORS

The names and particulars of the qualifications, experience and special responsibility of the directors in office during the financial year and until the date of this report are as follows.  Directors were in office during this period unless otherwise stated.

Andrew Edward Daley (Non-executive chairman)
B.Sc. (Hons) Mining Engineering, Grad Dip Geoscience, FAusIMM, C Eng (UK), MIOM3

Andrew Daley joined the board on 30 November 2007.  He worked for several years at a senior management level at Rossing Uranium, Namibia, Conoco Minerals, Niger, a uranium mining and processing company and on the Zambian Copperbelt. Relocating to Australia in 1981, Andrew worked on numerous gold, base metals and coal project studies as a senior engineer with Fluor Australia. Since late 1983 he has specialised in the resources finance sector, holding the positions of executive director and state manager of National Australia Bank’s Investment Bank, Sydney, and head of Barclays Australia’s resource team in Sydney, head of Chase Manhattan’s project finance team in Melbourne and more recently director of Barclays Capital mining team in London.

Andrew is a non-executive director of PanAust Limited, Kentor Gold Ltd and Chairman of both Dragon Mining Limited and Minerva Resources plc (an AIM, London listed company).

Former directorships of listed companies in last three years:
Gladstone Pacific Nickel Ltd., an AIM, London listed company

Special responsibilities:
Chairman of the audit committee

Dr. John Wilfred Cottle (Managing director and chief executive officer)

B.Sc. (Hons) Applied Geology, PhD. Economic Geology and Geostatistics, FAusIMM, Chartered Professional (Geology)

John Cottle was appointed to the board on 23 January 2008.  He has over 30 years experience in exploration, geology, geostatistical reserve estimation, mining, project and corporate analysis, and related computing, of copper, lead, zinc, nickel, alumina, iron ore, gold, coal, uranium, and mineral sands, deposits and producers, both in Australia and internationally.

Dr. Cottle has contributed to both large and small project exploration, developments, studies, reserve estimates and audits. Prior roles include exploration manager and chief operating officer - Panaegis Gold Mines, corporate development manager - Paranga Mining and Exploration plc, chief geologist/geostatistician - Fluor Australia, and field operations manager - Texasgulf Australia.

Former directorships of listed companies in last three years:
None

Special responsibilities:
None

B.Sc. (Hons) Geology, MAIG

Bianca Manzi joined the board on 30 November 2007.  She has over 13 years experience in the exploration and mining industry and is a member of the Australian Institute of Geoscientists.

Bianca is the Exploration Manager for IMX Resources NL, and has held exploration geologist and technical positions with companies ranging from multinational miners to junior explorers attaining gold, uranium, base and precious metal experience.

Former directorships of listed companies in last three years:
None

Special responsibilities:
Member of both the audit and remuneration committees

Neil Cusworth (Non-executive director)

Mr. Cusworth has 35 years experience of professional management in the mining and resource industries in Australia and overseas.  Mr. Cusworth’s area of specialties include commercial strategies, capital investment processes and project management.

Mr. Cusworth is a founding member and Managing Director of Enthalpy Pty Ltd a company, represented across Australia and overseas, specialising in Project Management and Client Representation for an extensive range of global mining industry and resource based clientele.  These roles include managing and advising on structuring and implementing complex resource and industrial projects.

A Mechanical Engineer by profession, prior to establishing Enthalpy Pty Ltd, Mr. Cusworth held senior project management roles with international Australian engineering and contracting groups.

Richard Glenn Udovenya (Non-executive director)

B.Com, LL.B, ASIA, F.Fin

Richard Udovenya joined the board on 30 November 2007.  He is a partner of a law firm, ResourcesLaw International having over 20 years legal experience in Australia and New Zealand and holds a Bachelor of Laws, a Bachelor of Commerce and a Graduate Diploma in Applied Finance and Investment (SIA).  Richard is a member of the Law Institute of Victoria, a Fellow of the Financial Services Institute of Australia and a member of the Australian Institute of Company Directors.  His focus is in the corporate, corporate governance and commercial law areas.  He is the legal advisor to a number of Australian and international corporations. Richard is also a non-executive director of Dart Mining NL (ASX Code: DTM).

Former directorships of listed companies in last three years:
None

Special responsibilities:
Member of both the audit and remuneration committees

COMPANY SECRETARY

John McLeod Nethersole (Company secretary and chief financial officer)
B.Bs, CA.

John was appointed as company secretary on 28 May 2008.  He has in excess of 30 years experience in accounting and finance in a broad range of industries including 15 years in resource related companies.  He has previously held the position of secretary for several publicly listed companies.