Directors & Management

Mr. Nugent has been Executive Chairman and a director since September, 2010.
John Nugent practiced corporate and commercial law in Toronto prior to becoming an investment banker with Midland Doherty Ltd. After a period in senior management at Midland Doherty Ltd., Mr. Nugent became president of Gardiner Group Stock Brokers Inc., which was sold to the Toronto Dominion Bank. Mr. Nugent was a co-founder and president of Romanex Limited, a mineral exploration company that acquired and developed properties in South America and Africa. Romanex Limited was sold to Sutton Resources Ltd., which was itself acquired by Barrick. John then became president of International Barytex Resources Ltd., a public mineral exploration company doing business in Canada and Tanzania. Mr. Nugent is Chairman, CEO and President of Hansa Resources Ltd., a mineral exploration company. Mr. Nugent obtained a Bachelor of Arts from Waterloo Lutheran University in 1970, in 1974 obtained a Bachelor of Laws from the University of Ottawa and in 1980 obtained a Master of Business Administration from York University.

Mr. Gustafson has been President and Chief Executive Officer and a director since September, 2010.
Mark Gustafson was the Chief Executive Officer and a Director of Triangle Petroleum Corporation, a shale gas exploration company, between May 2005 and November 2009. Between May 2005 and August 2008, Mr. Gustafson was also the President of Triangle Petroleum Corporation. From September 2004 until January 2006, Mr. Gustafson was the President and Chief Executive Officer of Torrent Energy Corporation, and between September 2004 and October 2006, Mr. Gustafson was the Chairman and a director of Torrent Energy Corporation, an Oregon based coal bed methane exploration company. Between April 1999 and August 2004, Mr. Gustafson was President of MGG Consulting, a private consulting firm. While at MGG Consulting, Mr. Gustafson provided consulting services to investment banks, oil and gas companies, and was a consultant Chief Financial Officer to several private companies. From August 1997 until March 1999, Mr. Gustafson was the President, Chief Executive Officer and a Director of Total Energy Services Ltd., a Calgary-based oilfield rental and gas compression company. Mr. Gustafson received his Chartered Accountant designation with Price Waterhouse (now PricewaterhouseCoopers) in 1983 and received a Bachelor's Degree in Business Administration from Wilfrid Laurier University in 1981.

Dr. Hennigh is an economic geologist with more than 20 years of exploration experience. From 2008 to 2011, he was President and Chief Geologist of Evolving Gold Corp. Currently he is President and CEO of Novo Resources Corporation. Prior to joining Evolving Gold, he was an Exploration Geologist with Newmont Mining Corp., Newcrest Mining, and Homestake Mining, during which time he worked on projects in North America, Europe, Australia, Asia, and South America. More recently, Dr. Hennigh has taken on advisory and board roles with companies including Gold Canyon Resources where he helped build a successful exploration program giving new life to Gold Canyon's Springpole deposit in Ontario. He has also joined NV Gold Corp as a director and technical advisor. He earned a M.Sc. and a Ph.D in geology and geochemistry from the Colorado School of Mines in 1993 and 1996, respectively. Dr. Hennigh is a member of the Society of Economic Geologists, the Mining and Metallurgical Society of America and the Association of Professional Geoscientists of Ontario.

Mr. Siemens has been a director and Chairman of the Audit Committee since September, 2010.
Don Siemens has over 30 years of experience as a Chartered Accountant, including 8 years in public practice as a partner with major accounting firms, 8 years in senior executive positions in industry and 18 years as a self-employed Financial Services executive. Currently, as an independent financial advisor, Mr. Siemens specializes in Corporate Finance, cross-border transactions and Mergers & Acquisitions. He serves as a director for three public companies: Nikos Explorations Ltd., Adriana Resources Inc. and Hawthorne Gold Corp. Previously, Mr. Siemens was Partner-in-Charge of Thorne Ernst & Whinney's (now KPMG) Vancouver office Financial Advisory Services group. Mr. Siemens obtained a Chartered Accountant designation in 1972, and a B.A. from the University of British Columbia. Mr. Siemens also serves on the Audit Committee of Adriana Resources Inc. and as Chair of the Audit Committee of Nikos Explorations Ltd.

Mr. Matkaluk has been a director and Chairman of the Compensation Committee since September, 2010.
Randal Matkaluk has been the Chief Financial Officer of Capio Exploration Ltd., a private oil and gas exploration company, since February 2010, a Director of Triangle Petroleum Corporation, a shale gas exploration company, since August 2007 and a Director of Virtutone Networks Inc., a junior technology company, since October 2005. From November 2008 to November 2009, Mr. Matkaluk was the Chief Financial Officer and Corporate Secretary of Vigilant Exploration Inc., a private oil and gas exploration company that was acquired by Tourmaline Oil Corp. in November 2009. From March 2006 to October 2008, Mr. Matkaluk was an independent businessman. Between January 2003 and February 2006, Mr. Matkaluk was the co-founder and Chief Financial Officer of Relentless Energy Corporation, a private oil and gas exploration company. Between June 2001 and December 2002, Mr. Matkaluk was the Chief Financial Officer of Antrim Energy Inc., a public international oil and gas exploration company listed on the Toronto Stock Exchange. Mr. Matkaluk has also worked for Gopher Oil and Gas Company and Cube Energy Corp. Mr. Matkaluk has been a Chartered Accountant since 1983. Mr. Matkaluk received his Bachelors Degree in Commerce in 1980 from the University of Calgary.

Ms. Davidson holds a Certified General Accountant designation from the Certified General Accountants Association of British Columbia and a BSc in Business Administration from Alliant International University in San Diego, California. She has more than 20 years of experience in financial and general business management assisting private and public companies in the roles of Chief Financial Officer, Vice-President, Finance and Corporate Controller within the mining and high technology sectors. Since 2003, Ms. Davidson has focused on providing CFO services predominantly to companies in the mining sector, including Amerigo Resources Ltd.

Dimitar Dimitrov holds a BSc. (Eng.) in geological engineering from Sofia Mining-Geological University. He has more than 20 years experience in the minerals industry, mainly involved in metal prospecting and exploration. He was Chief Geologist for Geoengineering, a Bulgarian exploration and mining company. More recently he has held the position of senior geologist for international companies including Royal Gold Inc., Phelps Dodge Inc., and Silver and Baryte SA. He was involved in regional reconnaissance, project acquisition and exploration in Bulgaria, Greece and Russia. D Dimitrov brings a wealth of regional geological knowledge to the Company and has been closely involved in the targeting and acquisition of the EurOmax property portfolio.