Management

Directors

	John Colin Loosemore (Managing Director) B.Sc.Hons (Geology), M.Sc., DIC. (Mineral Exploration) Mr Loosemore (Age 59) is a geologist with over 35 years experience including multi-commodity exploration and management within Australia and overseas, having graduated from London University in 1970 and the Royal School of Mines in 1977. Mr Loosemore is a Fellow of the Australasian Institute of Mining and Metallurgy. Mr Loosemore was previously a Director of AIM listed Brancote Holdings Plc, the first mining company to list on AIM and Managing Director of ASX listed Carr Boyd Minerals Ltd and Hill Minerals N.L.
	Michael N Arnett (Non-Executive Director) LLB. B.Comm Mr Arnett (Age 45) holds Bachelor of Commerce and Bachelor of Law degrees from the University of New South Wales, Sydney, Australia. Mr Arnett is a partner and formerly Chief Operating Officer of international law firm Deacons with over 500 lawyers and has in the past 16 years practised as a lawyer in the areas of corporate, mining and commercial law. Mr Arnett has advised a number of companies in relation to their corporate and mining activities and has assisted in the listing of a number of exploration companies.
	Barry J Casson (Non-Executive Director) Mr Casson (Age 56) is a chartered accountant and has been involved in the corporate finance area for approximately 29 years. For the last 20 years has been employed within the resource industry with respect to gold and nickel. Mr Casson has held senior positions in Australia and overseas (including New York and London) with various resource companies.

   Directors of 85% owned subsidiary companies:-
   PT Meares Soputan Mining
   PT Tambang Tondano Nusajaya

   Yoost Mengko (President Commissioner)
   Michael Arnett (Commissioner)
   Barry Casson (Commissioner)
   John Colin Loosemore (President Director)
   Terkelin Purba (Director)
   Peter Brown (Director)