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28th November 2008
Results of Annual General Meeting

24th November 2008
Change of Interests of Substantial Shareholder

 

 

 

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Board and Officers

Mr Matthew Wood

Chairman

Mr Wood has over 15 years experience in the resources sector with both major and junior mining companies and has extensive experience in the technical and economics evaluation of resource projects throughout the world. Mr Wood has an honours degree in geology from the University of New South Wales in Australia and a graduate certificate in mineral economics from the Western Australian School of Mines.

Mr Wood's expertise is in project identification, negotiation, acquisition and corporate development. In addition, he has led or been involved with successful discovery teams responsible for defining a number of gold and base metal deposits, including the Challenger gold deposit in South Australia and the Fortitude and Rosemont gold deposits in Western Australia.

Mr Wood has spent a considerable time in Brazil leading a number of exploration projects and is very familiar with the geology associated with the Brazilian gold and metalliferous regions. He was a founding director of Iberian Resources and is currently a director of Black Range Minerals, Signature Metals, Overland Resources and Bellamel Mining.

Mr Anthony Polglase

Managing Director

With 30 years multi-disciplined mining experience across 10 different countries, Mr Polglase is qualified in mechanical and electrical engineering with an honours degree in Metallurgy from the Camborne School of Mines, UK.

Mr Polglase has acquired detailed knowledge relating the development and operation of gold, copper, lead, zinc and tin projects and has either been responsible for or closely involved with the commissioning of more than seven mining projects. Previous employers include Iberian Resources, Ivernia Corp, Rio Tinto, TVX and Ashanti Goldfields.

Project management including critical evaluation, implementation and commissioning are Mr Polglase's strengths. Mr Polglase has a demonstrated ability of successfully bringing projects on line in the most challenging of environments including former Soviet Union countries.

Mr Polglase is fluent in Portuguese and resides in Brazil.

Mr Colin Jones

Non-Executive Director

Mr Jones started his mining career with British Coal in South Wales and following Coal Mine certification, completed a mining degree at Cardiff University in the UK. Several years of contract management followed with Thyssens, supervising development, including mechanised mine development and shaft sinking activities. His executive mine management experience culminated at Rio Tinto's world class Copper Mine in Portugal where he was the Project Manager and later became the Director of Production.

Mr Jones consulting expertise includes 15 years with Rio Tinto Technical Services where, as Principal Consultant, he consulted globally. Mr Jones was responsible for the underground development of the Fortaleza Nickel Mine in Brazil and was a core consultant for the underground development at the Palabora mine in South Africa.

An authority in the application of the block caving method for economic mining of low grade deposits, Mr Jones is currently a consultant for the multi-billion dollar Resolution copper mine project in the US and is also a consultant for the underground mine development at Argyle Diamonds in Western Australia.

Mr Jones is an independent consultant, has an MBA, speaks Portuguese and maintains a residence in Brazil.

Mr Wayne Philips

Non-Executive Director

Having graduated from the University of Rhodesia with a degree in Chemical Engineering, Mr Phillips migrated to Brazil in 1977 and has since become a Brazilian national. He is a fluent speaker of Portuguese.

Mr Phillips specialises in providing innovative practical solutions to complex metallurgy is, with particular expertise in flotation and hydrometallurgy including copper oxide leaching and SX-EW.

Mr Phillips spent several years working within major engineering companies including SNC Lavalin, Kvaerner and Minproc as client representative for a number of major mining projects.

Mr Phillips is the current Technical Director of Kinross South America and oversees Kinross's Technical Service's activities in Brazil and Chile. Responsibilities include exploration, project development and assistance to operations in compliance and environmental regulatory issues.

Mr Phillips is currently involved in the $470 million expansion of the world class Rio Paracatu gold mine and process plant in Brazil after which capacity will be increased from 20 to 60 million tpa.

Mr Scott Funston

Company Secretary

Mr Funston is a qualified Chartered Accountant with experience in the mining industry and the accounting profession. His expertise is financial management, regulatory compliance and general corporate advice. Mr Funston possesses a strong knowledge of the Australian Securities Exchange requirements and currently assists a number of resources companies operating throughout Australia, South America, USA and Canada with financial accounting, stock exchange compliance and regulatory activities.

Mr Antonio Madalosso

Exploration Manager

Mr Madalosso is a Brazilian national with over 30 years experience in Brazil and Australia and has previously held senior positions with Codelco, Barrick Gold, Santa-Fe Gold and Western Mining Corporation (WMC). He has a MSc. in geology from the University of Missouri, USA and brings a wealth of Brazilian experience including more than ten years exploration in the world class Carajas Mineral Province. Mr Madalosso has significant experience in all phases of exploration, from regional investigations to ore reserve calculations and whose strength is in target selection.

As Chief Geologist for Barrick Gold in Brazil, Mr Madalosso was responsible for the original discoveries at Rio Verde and the early exploration on the Serra Verde property. As Codelco’s most senior geologist in Brazil, he was technical advisor for all Codelco-AngloAmerican JV’s in the Carajas.

Mr Madalosso has specific experience associated with exploration models including, IOCG’s, Irish type Zn-Pb, stratiform Cu, Mississippi valley types and Kambalda Ni type deposits. He was associated with 3 gold discoveries in the Iron Quadrangle in the state of Minas Gerais while working for WMC.