Mr Paul Lloyd, Managing Director

Paul Lloyd is a Chartered Accountant with over 20 years commercial experience. Mr Lloyd operates his own corporate consulting business, specialising in the area of corporate, financial and management advisory services. After commencing his career with an international accounting firm, he was employed for approximately 10 years as the General Manager of Finance for a Western Australian based international drilling contractor working extensively in Asia and Africa.

Mr Lloyd is currently a director of Target Energy Ltd, an ASX listed company with US oil and gas interests.

Mr Lyle Thorne, Executive Director

Lyle Thorne is a geologist with over 16 years experience in the Mineral Resources industry. He holds a Bachelor of Applied Science (Hons) majoring in Geology from the University of Ballarat and is a member of the Australian Institute of Mining and Metallurgy.

He commenced his career as a geologist with various mining and exploration companies including DeBeers Ltd and Perseverence Mining Ltd, and has held senior management positions including Senior Exploration Geologist with Eagle Mining Corporation Limited and as Principal Geologist with Helix Resources Ltd.

In 2003, Lyle joined and subsequently became a partner of Ravensgate Pty Ltd, a geological consulting and resource estimation company involved in preparing independent reports for companies listing on the ASX AIM and TSX. He was part of the team that organised the IPO and successful listing of Prosperity Resources Limited on the ASX in November 2003 and held the role of Exploration Manager post the IPO.

Matthew Egan, Non Executive Chairman

Matthew Egan has been associated with the exploration and mining industry for over 20 years. Matthew commenced his career with his family owned mineral drilling contracting company, working up to the position of Managing Director, where he negotiated and won long term contracts with key mining companies which resulted in the company employing 120 staff with an annual turn over of $12 million. This resulted in the sale of Aquadrill to DrillCorp Ltd in 1998.

He is currently the Managing Director and owner of Egan Drilling Services, a mineral drilling contractor operating in Western Australia with an annual revenue of $4 million and major customers such as BHP Billiton and Barrick Gold