Directors

Robert Gordon Gregory

Chief Executive Officer/Managing Director
Robert Gregory is a Mining Engineer with extensive mine development and operational experience in South East Asia and Australia, both in open pit and underground mines.

Mr Gregory includes that of Vice President-Mine development for Climax Minings Didipio Project in the Philippines from 1996 to 2000. Previous to that Mr Gregory was responsible for the construction of the Tanjianshan Gold Project in Western China.

Mr Gregory brings valuable corporate development and operational experience to the Company and will head a team of professionals to take the Acoje Project through scoping study to bankable feasibility and a decision to mine.

Mr Gregory did not hold any directorships in other listed companies in the previous three years.

Gordon Theodore Hothersall Getley

Non-Executive Director/Chairperson
Mr Getley has over 30 years experience in corporate governance in his own corporation and is currently a director of a number of private trading companies. He has many years experience in administration as State and National President of AMP Advisors, State and National President of the Association of Financial Advisors as well as Chairman/President of a number of sporting associations and clubs.

Mr Getleys other listed public company directorship in the previous three years was Medec Ltd (April 2003 to the present).

Philip Nicholas Fillis

Non-Executive Director
Mr Fillis has over 30 years experience in the exploration and mining industry. Following graduation from the University of London with a B.Sc in 1972 and from the University of Leicester with an M.Sc in 1974, Mr Fillis spent the first 15 years of his career with major corporations (Seltrust, US Steel Corp, Esso Minerals).

Since 1986, as an Independent Consultant, Mr Fillis has undertaken many on-site exploration or mining project reviews and technical audits, and taken part in several feasibility studies. Commodities studied include gold, base metals, iron ore and uranium. Geographical areas covered comprise the Australasia - Pacific region, southeast Asia, China, Europe, West & South Africa, Brazil, Central Asia and Russia.

Mr Fillis is a director and Principal Geologist of DevMin Pty Ltd an independent mining consulting group based in Perth, Western Australia.

Antony Rex Butler

Non-Executive Director
Tony Butler is British.  After graduating from Oxford University and qualifying as an FCA with Arthur Andersen in London, his career experience spans 35 years in banking, executive management, strategy consulting and non-executive directorships.

Mr Butler was at Citibank for 15 years, culminating as regional director for Central and East Africa in Nairobi.  Subsequently he held deputy CEO and CEO positions at regional banks in the Middle East and West Africa.  He consulted for 12 years at Chairman and Board level in Europe, Africa, the Middle East and Asia.

Other listed company directorships have been President & CEO of Bridge Security Co., Ltd, listed on the Korea Stock Exchange in Seoul (2004 to 2005) and Chairman of Consolidated Africa Mining plc, quoted on PLUS Market in London (2006 to present).

Timothy Marcus Stephen (Mark) Hanlon

Chief Financial Officer & Company Secretary
(Appointed 26 September 2006)

Mr Hanlon spent 10 years in commercial and merchant banking with Partnership Pacific Ltd, Westpac and the Bank of New Zealand before entering commerce in 1994. He has a broad background of senior executive experience across a wide range of industries including mining services, electricity distribution, electronics contract manufacturing, packaging and insurance.

He has previously held the position or equivalent position as CFO and Company Secretary with other listed public companies such as Century Drilling Limited and International Contract Manufacturing Limited. Mr Hanlon holds a Bachelor of Business degree (Finance and Accounting) and a Master of Business degree (Banking and Finance).

Major Shareholders

Find below the percentage of AIM securities that is not in public hands together with the percentage of its significant shareholders as required for AIM rule 26