Courtney Charles Chamberlain, Executive Chairman, aged 66.
Mr Chamberlain is a metallurgist by profession with over 40 years experience in precious and base metals management, operations and development as well as consulting in Australia, Asia, Africa and both North and South America. He is a Fellow of the Australian Institute of Mining and Metallurgy. Mr Chamberlain spent 29 years with Newmont Mining Corporation and Newcrest Mining Ltd, including 13 years on the Board of Directors of Newmont Australia Ltd and Newcrest responsible for operations and development. His responsibilities included key management roles in the development of the Telfer and New Celebration Gold Mines in Western Australia and the Cadia Mine in New South Wales. Mr Chamberlain was a founding partner of Investor Resources Limited (IRL), a financial and technical advisor to the international mining industry. He initiated Minera IRL.
Dr Douglas Alan Jones, Non-executive Director, age 56.
Dr Jones is a geologist with 33 years of international exploration, exploration management and consulting experience in the mining industry. Between 1997 and 2007 he served as Vice President Exploration for Golden Star Resources, responsible for worldwide exploration. Before that he was Chief Geologist, New Business South America at Delta Gold Limited. He is currently the Chief Executive Officer of Australian Stock Exchange ("ASX") listed Chalice Gold Mines Limited and a non-executive director of ASX listed Liontown Resources Limited. Mr. Jones is also a former director of TSX, AIM and ASX listed company, Moto Goldmines Limited.
Graeme David Ross, Non-executive Director, Age 49.
Mr Ross qualified as a Chartered Accountant in 1984 and is now a Partner in Rawlinson & Hunter Chartered Accountants, Jersey which is part of the Rawlinson & Hunter international network. He has worked in Jersey’s finance industry since 1986 and has in-depth knowledge and experience of the structuring and ongoing administration requirements of publicly owned Jersey investment vehicles. Mr Ross is a director/shareholder in both Computershare Investor Services (Channel Islands) Limited and R&H Trust Co. (Jersey) Limited, each of which provide services to and or is remunerated by Minera IRL Limited.
Mr Kenneth Peter Judge, Non-executive Director, Age 55.
Mr Judge is a corporate lawyer with extensive business management and corporate development experience, having held numerous public company directorships and having been engaged in the establishment or corporate development of oil and gas, mining and technology companies in the United Kingdom, Middle East, USA, Australia, Europe, Canada, Latin America and South East Asia. He has undergraduate and post-graduate degrees in Commerce, Jurisprudence and Laws from the University of Western Australia and was awarded an Order of Australia Medal in 1984. Mr Judge was the Executive Chairman of AIM listed Hidefield Gold Plc, until its acquisition by Minera IRL in December 2009; and is a senior consultant and advisor to Hamilton Capital Partners, and director of London Stocke Exchange listed Gulfsands Petroleum Plc.
Napoleon Valdez, Non-executive Director, Age 58.
Mr Valdez has extensive business management experience and is the President of the Board and major shareholder of Heinz Ferrand Glass SAC and Cristalerias Ferrand, privately owned glass companies. He is also the owner and director of Inversiones El Carmen, Agricola Topara and Gruval, Peru incorporated companies. Mr Valdez is a Peruvian resident, a well connected and experienced South American businessman and well informed on the Peruvian mining industry in which he has been a long standing investor.
COMPENSATION COMMITTEE
Members: Douglas Jones (Chair), Napoleon Valdez and Courtney Chamberlain
Responsibilities of Compensation Committee:
* Develop compensation policy taking into account prevailing industry standards
* To set remuneration levels
* Establish salary packages for new employees
* Determine stock option allocations
AUDIT COMMITEE
Director Members: Graeme Ross (Chair), Kenneth Judge and Courtney Chamberlain
Responsibilities of Audit Committee:
* To overview routine and special audits of the company’s financial status
* Recommendation and appointment of company auditors
* Confirmation of annual budget for Board approval
* Authorization for major capital expenditure
* Consideration of hedging policy (currently unhedged)