Mr Joseph Gutnick

FAusIMM,
FAIM MAICD

Chairman of the Board,
President,
Chief Executive Officer

Mr Gutnick has been the Chairman of the Board, President and Chief Executive Officer of the Company since March 1988.

Mr Gutnick has been a Director of listed public companies since 1980 and is currently President, CEO and Chairman of the Board of Legend International Holdings, Inc. and We Sell For U Corporation, both listed on the OTCBB, Yahalom International Resources Corporation and Northern Capital Resources Corporation, US Corporations, and Executive Chairman of North Australian Diamonds Limited, Top End Uranium Ltd and Quantum Resources Limited, all of which are listed on the ASX. He headed the teams that were responsible for the discovery, development and operation of several world class gold mines in Australia.

Mr Gutnick is a Fellow of the Australasian Institute of Mining Metallurgy, a Fellow of the Australian Institute of Management, a Member of the Institute of Company Directors in Australia, a former Director of the World Gold Council and was awarded the Diggers Award at the 1997 Australian Diggers and Dealer's Conference in recognition of his outstanding contribution to the exploration and mining industry.

Dr David Tyrwhitt

PhD(Geology)
BSc(Hons) Geology
FSEG (USA)
FAusIMM, CPGeo

Director

Dr Tyrwhitt was appointed a Director of the Company in November 1996.

Dr Tyrwhitt is a geologist, holding a Bachelor of Science and has more than 40 years' experience in the mineral exploration and management development and operation of gold mines in Australia. He worked for over 20 years with Newmont Mining Corporation in Australia, South East Asia and the United States. During this time, he was responsible for the discovery of the Telfer Gold Mine in Western Australia. He was Chief Executive of Newmont Australia Limited between 1984 and 1988 and Chief Executive Officer of Ashton Mining Limited between 1988 and 1991. He established his own consultancy in 1991 and worked with Normandy Mining Limited on a number of mining projects in South East Asia.

Mr Peter Lee

BBus CA FCIS MAICD

Director, Secretary and
Chief Financial Officer

Mr Lee has been Chief Financial Officer and Chief Accounting Officer since August 1989 and was appointed a Director of the Company in February 1996.

Mr Lee has over 30 years of experience in accounting, company secretarial and commercial fields both in Australia and overseas. He 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 his involvement with the company, he spent six years with Price Waterhouse in Melbourne and Papua New Guinea.

Mr Lee is currently General Manager Corporate and Company Secretary of several listed public companies in Australia. He is a Member of the Institute of Chartered Accountants in Australia, a Fellow of the Chartered Secretaries Australia Ltd, a Member of the Institute of Company Directors in Australia and holds a Bachelor of Business (Accounting) from Royal Melbourne Institute of Technology.

Mr Mordechai Gutnick

Director