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    DIRECTORS & MANAGEMENT

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EXECUTIVE DIRECTORS

Stephen R. Dattels (aged 62), Executive Chairman
Mr. Dattels has founded and/or financed a number of mining ventures, his most recent being UraMin Inc., which was sold in July 2007 for US$2.5 billion to Areva, the French Government-owned integrated uranium company. Mr. Dattels was an executive at Barrick Gold Corporation during its formative years, when it grew from a capital base of US$10 million to a market capitalisation of US$2 billion when he left in early 1987. During his time with Barrick, he was a Director and Executive Vice President of Corporate Finance. In the past decade, he has completed several financings in the natural resources sector, either directly or through his merchant bank, Regent Mercantile Bancorp Inc. This has included exploration, development or production projects in minerals, base metals and precious metals, with the main areas of focus being Africa and Asia.

Mr. Dattels was the Chairman and founder of Caledon Resources plc, an AIM-listed Australian coal producer and Chinese exploration company, and was the co-founder and Managing Director of AIM-listed Oriel Resources plc, a developer of nickel and chrome assets in Kazakhstan. Mr. Dattels is Co-Chairman of Regent Pacific Group Ltd, a Hong Kong listed copper/gold and coal company. Mr. Dattels is a Director of Extract Resources, which is listed on the Australian Securities Exchange. He is also the AIM-listed Co-Chairman of Emerging Metals and a Director of Caledon Resources and GCM Resources.

Neil Herbert (aged 43), Chairman and Managing Director
Mr. Herbert has worked in the management of mining and exploration companies
in Africa, Asia and the Americas since 1998. He is currently Executive Chairman for Polo Resources, together with Stephen Dattels. Mr. Herbert is the Chairman of mineral exploration company UrAmerica Ltd and a Director of European Nickel plc. Previously he was Finance Director of UraMin Inc from its formation in 2005, its listing on both AIM and TSX raising over US$400 million and through its acquisition by Areva in 2007 for US$2.5bn. Mr. Herbert was previously Finance Director of Galahad Gold plc, International Molybdenum plc, Kalahari Diamond Resources plc and HPD Exploration plc managing a number of project acquisitions and disposals together with stock market listings and fund raisings and has been non-executive director of a number of other companies. He was Chief Financial Officer of gold explorer Brancote Holdings plc until its acquisition by Meridian Gold Inc in 2002 for US$368 million. Mr. Herbert is a fellow of the Association of Chartered Certified Accountants and prior to joining the mining industry worked for Price Waterhouse.
Paul Ingram (aged 55), Chief Executive Officer for Australia
Mr. Ingram is a geologist with extensive experience in managing major mineral exploration programmes for several publicly listed companies. He has designed and implemented innovative techniques for exploration in remote areas, and has managed projects in countries throughout Australia and East Asia. Mr. Ingram has been involved in mineral exploration and development for over thirty years. He was formerly Managing Director of Menzies Gold Ltd and Exploration Director of Caledon Resources PLC. Mr. Ingram has a bachelor of applied science (geology) degree from Queensland University of Technology and is a member of the Australian Institute of Mining and Metallurgy and the Mining Industry Consultants Association.

 
   
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