DIRECTORS

Mr William (Bill) Clayton, Managing Director

B.Sc (Hons), M.Sc., MBA (Mineral Economics)

Mr Clayton, aged 51, has more than 16 years experience in exploration and evaluation of Archaean nickel sulphide deposits in Western Australia. Following project geologist roles supervising drilling programs on the Mount Keith and Goliath-Yackabindie nickel sulphide deposits he joined Outokumpu Australia in 1992 as exploration geologist and carried out regional mapping and drilling campaigns throughout the Forrestania greenstone belt, later moving to the role of underground mine geologist. In 1996 he joined Forrestania Gold and shortly after participated in the discovery of the Emily Ann deposit. This led to key supervisory roles with LionOre in the evaluation of the Maggie Hays, Emily Ann and Waterloo - Amorac deposits. He completed an MBA, specialising in mineral economics, from Curtin University in 2005 and subsequently worked for the geological consultancy CSA Australia Pty Ltd in project evaluation and generation roles in Australia and Africa.

Mr Rhod Grivas, Non-Executive Chairman

Mr Grivas, aged 40, is a geologist with over 19 years experience in all technical aspects of exploration from grassroots through to resource estimation and feasibility. He held a number of director and management positions with junior resource companies and worked at Gilt- Edged Mining NL prior to its takeover by Goldfields Limited (now Barrick(PD) Australia Limited), as the Kundana exploration manager during the discovery by Gilt Edged Mining of a one million ounce gold resource.

Mr David McArthur, Executive Director

Mr McArthur, aged 49, is a chartered accountant, with over 28 years experience in the accounting and finance profession. During this time he has focussed on the mining industry and has been involved in the financial and corporate management of a large number of public lited company, both in an executive and non-executive board capacity

Mr Mark Pitt, Non-Executive Director

Mr Pitt, aged 58, is a mining engineer with extensive experience in mining projects. Mr Pitt has had a strong background in nickel development in Australia. He worked as a mining engineer in the development of the Nepean mine at Coolgardie, the Redross mine at Widgiemooltha and Yabulu in Queensland. During his extensive career Mr Pitt has provided mining engineering services to several public companies. Work experience includes mine management, mine planning and permitting, feasibility studies and mine financing.