JOHN ANDERSON Chairman of the Board

B Com, MBA, GAICD

John Anderson has over 26 years experience in the finance sector in banking, investment banking and general consulting. He has held positions of Managing Director or Chairman with a number of public and private companies in Australia. John has specialised in general financing and capital raisings, developing and implementing business plans for new and existing entities. John was Executive Director of Powersave Pty Ltd, which specialises in the provision of energy management solutions, and was also until recently Executive Director of Admiralty Resources NL. Among previous positions, John was Managing Director of an Australian publicly listed mining company and was responsible for turning around its unprofitable operations and implementation of mining and operating plans.

TREVOR WOOLFE Managing Director

B Sc (Hons), M AusIMM, G Cert App Fin (FINSIA), GAICD

Trevor Woolfe is an experienced mining industry professional with extensive experience in exploration, mining and resource evaluation, and also in the financial sector. Trevor has over 17 years experience as a geologist. His fields of expertise include evaluation of exploration, mining, development and corporate projects with Placer Dome, Newcrest Mining, Great Central Mines, Metana Minerals and CRA throughout Australia. He was also a leading member of Placer Dome’s South American exploration group for four years, primarily in Brazil and Chile, evaluating precious and poly-metallic project opportunities. He was a Commodity Analyst with Sydney based AME Mineral Economics with specific responsibility for analysis of global gold mining companies and operations. He then fulfilled the role of Manager-Business Development with independent research house, Stock Resource until commencing as Managing Director of Anchor Resources in early 2007.

GRANT CRAIGHEAD Director

B Sc, M AusIMM, GAICD

Grant Craighead is a geologist with extensive experience in the exploration, mining and financial sectors. He spent 16 years in the exploration and mining industry, including eight as Chief Geologist with Elders Resources NZFP Ltd. During this period he was closely associated with significant exploration and development projects including Red Dome, Selwyn, Wafi and Kidston. Grant has been working in the finance sector for the past 16 years, is Managing Director of research group Stock Resource and a Director of fund manager Lime Street Capital. During this period he has been involved in equity research, commodity analysis and funds management, including five years as a Resources Analyst with Macquarie Bank Ltd where he was an Associate Director. The period with Macquarie included specific responsibility for analysis of gold mining companies. His experience covers diverse commodities including gold, copper, zinc, lead, nickel and coal, and spans localities throughout the Asia-Pacific region.

GARY FALLON Director

B App Sc, M SEG, M AusIMM, GAICD

Gary Fallon is a geophysicist with over 24 years of mineral and coal exploration experience. He is Director and principal consultant to Geophysical Resources and Services, a geophysical contracting and consulting company. He has been involved in extensive precious, base metal and coal exploration and mining projects throughout Australia, focusing on application of geophysical techniques to operating mines. He has worked for Scintrex Consulting, Whim Creek Consolidated, Dominion Mining and MIM Exploration, providing exposure to mining via both open cut and underground methods. Utilising his project management skills, his work required the application of geophysical methods to add value to operations. Gary has submitted a Doctorate of Philosophy at the University of Queensland and was the recipient of the Bowen Basin Geology Group Leichhardt Award (2003) for the application of geophysical technology to coal operations.