RESUME - IAN STEWART COOPER - MAY 2013 SUMMARY Over Thirty Year's Professional Experience as an Exploration Manager and Geologist in Mineral Exploration, Project Discovery and Management. Self Motivated and Committed, with Strong Business Development, Analytical and Planning Skills, Flexible, Independent, Inventive with Excellent Project Management, Communication and Decision Making Capabilities. Achievements in Project Discovery, Promotion and Funding. Recently Completed 18 Month Assignment as Exploration Manager for Equatorial Resources’ Projects in the Republic of Congo, Leading and Developing the ‘In Country’ Exploration and Support Team in Exploring and Developing the Mayoko-Moussondji Iron and Badondo Iron Projects. At the Mayoko-Moussondji Iron Project the Team Reached the Maiden Resource Milestone that was Announced in February 2013 that Defined Resource is now the Basis for Production Development Planning of the Project. Previously was Exploration Manager at AngloGold Ashanti’s Sadiola & Yatela Gold Operations in Mali where in 2010 Successfully Completed over 200,000 Metres of Drilling Under Budget which has Extended Mine Life of the Yatela Operation for 2 Years. Directed as Exploration Manager an Exploration Program (Plus $5m/Year) in the Southern Philippines, for a Resource Company with an Advanced Portfolio of Projects Including a Copper Gold Porphyry Belt and Epithermal Gold Silver Resource. Track Record of Discovery and Recent Work Included the Discovery of a Previously Unidentified Project. First New Discovery of its Type in the Philippine Eastern Mindanao Mineral Belt in Over 20 Years. Director and Consultant Since 1992. Contracts Relating to the Exploration and Mining Industry. Management, Evaluation and Geological Services to Corporations Throughout Australia, Asia and Africa. Previous to that Held Technical Staff Positions in Major Resource Companies. World-Wide Experience in a Number of Commodities Including Gold, Base Metals and Diamonds with Earlier Experience in Open Pit Base Metal Mine, Alluvial Diamond Mine, Brown-Field Exploration at an Underground/Surface Gold Silver Mine and Involvement with Industrial Mineral Projects. PROFESSIONAL DETAILS October 1973 - June 1977 University: University of London (Royal School of Mines, Imperial College) B.Sc (University of London) 1977 degree in Geology with Honours. A.R.S.M. (Associate of Royal School of Mines) 1977. EXPERIENCE November 2011 – May 2013 Directeur de l’Exploration – Exploration Manager – Republic of Congo Congo Mining Ltd une filiale d’ Equatorial Resources Limited Lead and develop the ‘in country’ exploration and support team exploring and developing Equatorial’s Mayoko-Moussondji Iron and Badondo Iron Projects Key accountabilities of the position: o Exploration Management o Business development o Exploration and Tenement Administration o Develop and maintain Safety as the cornerstone of our work ethics o Reporting all exploration activities on projects o Maintain a professional work environment and encourage technical excellence from staff. o Budget Preparation and management. o Development of contacts and relationships with government (local and National), university and other industry players in Republic of Congo. 1 Resume – Ian S. Cooper December 2010 – November 2011 District Geologist - Mainland Papua New Guinea Barrick (PNG Exploration) Limited Management of multi-million dollar greenfield exploration budget and leading a team of geologists and support staff on Mainland PNG exploration projects. Key accountabilities of the position: o Develop and maintain a safe working environment. o Coordinate and report all exploration activities on projects in PNG o Maintain a professional work environment and encourage technical excellence from staff. Review project progress on a regular basis. o Prepare budgets and reconcile project expenditures/forecasts monthly. April 2009 December 2010 – Exploration Manager Société d'Exploitation des Mines d'Or de Sadiola (SEMOS) SA, Sadiola and Yatela Gold Mines, Republic of Mali, West Africa (Managed by AngloGold Ashanti) Management of multi million dollar Brownfield exploration programme at the company’s gold mines in Mali, West Africa. Highlights include discovery of additional two year’s mine life at the Yatela Operations (Were scheduled for closure Dec 2009) and development of five year exploration strategy and associated exploration programme. Key accountabilities of the position: o Safety. o Control of Budgets, Drill Costs, Labour, Up-skilling of Local Staff, QA/QC and Database Control, Technical. January 1992 March 2009 – Deliverables o On time delivery of product (from drilling phase through to model for evaluation), reporting Monthly and Quarterly, Strategic Planning. Interfaces o Safety Department, Geology Manager, General Manager, Finance, Mining Department, Stores, Training Company’s Dakar and Head Offices, Mining and Drilling Contractors, Laboratories – internal and External, JV partner at Steering Committee Meetings and ongoing Feasibility studies, Technical and other contract services. Director and Senior Geological Consultant Cooper Geological Services Pty Ltd. Business providing management, evaluation and geological services to corporations throughout Australia and overseas. Summary of clients and activities include: Contract Since March 2006 Exploration Manager, Cadan Resources Corporation. Cadan is a Canadian listed company with advanced portfolio of projects located in the Philippines. Comval Porphyry Project – managed major exploration programme including geophysical geochemical geological and drilling exploration activities at the company's copper - gold porphyry project, management and promotion to stockbrokers fund managers and investors. Drill out of existing deposits. Management of local social issues. Discovery of previously unidentified prospect (called the “Cadan Prospect”), the First new discovery of its type in the eastern Mindanao mineral belt in over 20 years. Supervision of skilled and unskilled local workforce of over 100 people. Ongoing development planning for the T’Boli gold silver epithermal project (signed off on JORC resource of 420,000 ounces of gold and 1,600,000 ounces of silver). 2 Resume – Ian S. Cooper Corporate activity including budgets, news releases, promotion and funding. Summary Previous Contracts International Gold Mining Corp. – country review of Tanzania and field assessment of Tanzanian projects. Recommendation to proceed with +$1m initial program. Sherlock Bay Nickel Corp Ltd - supervision of field activities at the Balmoral Iron Ore Deposit. International Gold Mining Corp. - preparation of expert technical report to NI43-101 requirements for submission to Canadian regulatory authorities. Macarthur Minerals Limited – preparation of expert technical report to NI43101 requirements for submission to Canadian regulatory authorities. Supervision of Project in North Queensland for client. Tiger International Resources Inc - expert technical report to NI43-101 requirements for submission to Canadian regulatory authorities for the Esperanza Gold Project near Baguio City northern Philippines. Field assessment of project located in remote location of northern Mindanao Philippines, preparation of expert technical report. Image Resources N L - supervision of field activities of West Australia eastern Goldfields Projects. Meteoric Resources N L - supervision of field activities of Tennant Creek Projects Northern Territory and of West Australian eastern Goldfields and Murchison Projects. Sherlock Bay Nickel Corp Ltd – supervision/management of field activities including diamond and RC percussion drilling of the Sherlock Bay Nickel Deposit. Paradigm Gold Ltd - Eastern Australia exploration. Internickel Limited - preparation of expert technical reports of the Lake Giles nickel project in West Australia for inclusion in an Information Memorandum and a prospectus. Lefroy Gold Limited - preparation of expert technical report over their West Australia projects. ERD Pty Ltd - valuations of mineral sands projects and field assessments of their Northern Territory projects. Sur American Gold Corporation - expert technical reports to NI43-101 requirements for submission to Canadian regulatory authorities. Field reviews of those Philippine projects. Phillips Group - project advice, management, evaluation, Discovery and promotion of projects. Michelago Limited - project review and follow up exploration. Central Kalgoorlie Gold Mines - supervision of drilling projects. Austar Mining Corporation N. L. Acquire portfolio of diamond exploration projects. Liaison with Government Departments. Corporate governance. Promotion of company. Evaluation of new opportunities and negotiations. Successful negotiation of Native Title and Cultural Heritage agreement over company's tenements in the Kimberley region. Karpin Slaughter Ltd. - assessment and preparation of experts report on the mineral assets of a mining company in receivership. Karpin Slaughter acted for the receiver. Presentation to prospective purchasers and preparation of supplementary reports. Eastern Gold Corporation NL - management, Discovery and acquisition of projects including the discovery/identification of the T’Boli Epithermal Gold Project on Mindanao Island, Philippines ongoing field activities, evaluation of Philippine Nickel Laterite project, management and promotion to stockbrokers and fund managers. Project exploration in the Mt Isa region of NW Queensland. Windsor Resources N.L. - Identification of major mining project located in the Philippines. Report preparation compilation of all available historical data and promotion to stockbrokers and fund managers. 3 Resume – Ian S. Cooper April 1987 January 1992 - Senior Exploration Geologist (Queensland & New South Wales) with the Gwalia Group of Companies, Brisbane. February 1987 April 1987 January 1981 – February 1987 - Key elements of the position included management, supervision of Staff and Contractors, formulation of budgets and programmes, generation of new projects and the evaluation of Joint Venture offers. Management skills learnt dealing with multimillion dollar budgets and exploration programmes Contract – Geopeko Pty Ltd, Parkes, NSW Geologist Seltrust Mining Corporation Pty. Ltd. / B.P. Minerals Australia. January 1979 September 1980 Five Star Resources N. L. - Independent valuation of mineral assets of the company. Evaluation and field exploration of a Laterite Nickel deposit located in Western Australia. Westgold Resources NL - evaluation and project work of West Australian gold properties including upgrading of the Castle Hill gold project in Western Australia and Mt Isa region projects including limestone deposit evaluation. Mogul Mining NL - NSW diamond project - successful recovery of diamonds. Bruce Resources NL – advising General Manager on Australian diamond projects and other gold/base metal projects in the Mt. Isa area of Queensland. Consolidated Resources NL - evaluation and project work in NE Queensland. D Sipos - Mt Isa base metal projects evaluation and reporting. Hargraves Resources NL - data compilation. Great Fitzroy Mines NL - data compilation. Orion Resources N.L. - field evaluation of a northern Queensland coal prospect. Minerals Corporation Ltd. - assessment of industrial minerals project in Queensland, data research. Auralia Resources NL - field evaluation of Northern Territory diamond projects. Solid grounding in company style exploration with backup of that company’s senior geologists. October 1980 – December 1980 Transferred from West Africa to Australia. – National Diamond Mining Company (Sierra Leone) Limited, Yengema, Sierra Leone, West Africa. West Africa. First overseas experience. Management of large local work-force. PERSONAL DETAILS Name: Ian Stewart Cooper Nationality: Australian (I also retain a British passport) 4 Resume – Ian S. Cooper