Board of Directors

Mr. Friedland has over 20 years of exploration and development experience in mining as well as mining finance and was the founder of Peregrine. Mr. Friedland was the President and Director of Fairbanks Gold Ltd. and played a primary role in the creation, development and financing of the Fort Knox gold discovery in Alaska and the subsequent sale of Fairbanks Gold and partners to Amax Gold Corp. for $86 million. He was formerly CEO and Director of Carson Gold Corp., which explored and developed gold mining assets in Venezuela, and which, as DiamondWorks Ltd., developed two producing diamond mines in Angola as well as the re-opening of the Koidu Diamond Mine in Sierra Leone. Mr. Friedland was also a Director of Ivanhoe Mines Ltd. from Ivanhoe's inception to its major copper gold discovery in Mongolia called Oyu Tolgoi. Mr. Friedland has a B.Sc. degree in Geophysics and Geology from the Colorado School of Mines.

Mr. Boyd is a senior mining executive with over 30 years experience in exploration, executive-level management, corporate finance and corporate governance. Mr. Boyd currently serves on the Board of Directors of True North Gems Ltd, Condor Resources Inc, and Endurance Gold Corporation. He also serves as a Director of the Prospectors and Developers Association of Canada, the Association for Mineral Exploration B.C and the National Maritime Centre Society. Mr. Boyd formerly held the position of President, CEO and Director of Ashton Mining of Canada Inc. prior to its acquisition in 2007. Before joining Ashton, Mr. Boyd was a founding principal and major shareholder of a financial and strategic advisory firm to the mining and mineral exploration industry and was also formerly Vice President Exploration for Homestake Canada Limited. Mr. Boyd is a widely respected geologist and gemmologist. He is a member of the Association of Professional Engineers and Geoscientists of B.C., the Canadian Institute of Mining and Metallurgy, the Society of Economic Geologists, and a Fellow of the Geological Association of Canada, and Gemmological Associations of Great Britain and Canada.

Dr. Goldstein has over 35 years of diversified management, exploration and development experience in precious and base metals and uranium. He has worked as a Geophysicist for Kennecott Copper Corp. in Utah, as well as for Esso Eastern Inc. in South Africa and Australia. Since 1980, Dr. Goldstein has held senior management positions with Chevron Resources Co., Lac Minerals Ltd., and Global Mining Management in North and South America, Africa and Asia. Dr. Goldstein has a B.Sc. degree in Engineering Geophysics from the Colorado School of Mines, an M.Sc. degree in Geophysics from the Massachusetts Institute of Technology and a Ph.D. degree in Physics Geophysics from the University of Toronto.

Dr. Carter has over 18 years of experience in the minerals exploration industry. He spent seven years working for Rio Tinto Corp. in South America and the U.K., most recently as Exploration Manager in Bolivia. In 1996, he became President and CEO of Balaclava Mines where he oversaw the acquisition and exploration of a number of gold projects in Peru and Ecuador. Dr. Carter joined Billiton plc in 1998 and moved from Peru to Vancouver in 2000 and was instrumental in the development of an aggressive strategy aimed at developing partnerships with junior exploration companies. Following the merger with BHP, Dr. Carter assumed the role of Manager, Business Development for BHP Billiton Diamonds where he was responsible for the commercial aspects of BHP Billiton's global portfolio of nickel and diamond exploration projects. Currently, Dr. Carter is the President of Electrum Capital Inc. a position he has held since February 2006. As well, he holds the position of director at Magellan Minerals Ltd. and Peregrine Metals Ltd. He has a B.Sc. degree in Geology from the University of Nottingham, U.K. and a Ph.D. degree from the University of Southampton, U.K.

Mr. Challis is a mining engineer with over 30 years experience in the operation, management, financing and analysis of mining projects around the world. Mr. Challis started his professional life in London as a Mining Engineer with Gold Fields of South Africa Limited and eventually returned to London to work as mining analyst for James Capel & Co., Barclays Bank Ltd. and McLeod Young Weir. In 1994, he joined CM Oliver in Toronto as a Director and Senior Mining Analyst prior to moving back to London where he was instrumental in establishing a European presence for that company. In 1997, he joined Ivanhoe Capital Corporation and was involved in numerous early stage exploration ventures in diverse locations. In 1999, he become President and a Director of Shore Gold where he oversaw the planning, engineering and initial extraction of nearly 23,000 tonnes of kimberlite from Shore's Star kimberlite in Saskatchewan via vertical shaft. In 2003, he joined Cornerstone Capital as President, COO and Director and since 2005, has been a Director and President of Solex Resources Corp. Mr. Challis has an honours degree in Mineral Exploitation from University College, Cardiff and an MBA degree from Cranfield University. He has both South African Metalliferous Mine Captain's and Mine Manager's Certificates of Competency. He is a Fellow of the Institution of Mining and Metallurgy and a Chartered Engineer.

Mr. Keep has extensive business experience as an investment banker and has held several senior positions. From 1987 to 1997, he was the Vice President, Corporate Finance in the natural resources group of Yorkton Securities Inc. and, from 1997 to March 2004, he was Senior Vice President and a Director of Lions Gate Entertainment Corp. Since 2001, Mr. Keep has been Managing Director of Corporate Finance at Endeavour Financial, a Canadian investment banking firm that specializes in the mining and minerals industries. He is currently Executive Vice President of Fiore Financial Corporation, an exclusive advisor to Endeavor Financial. Mr. Keep is a P. Geol in the province of BC and received his BSc in Geological Sciences from Queen's University in 1979 and his MBA from the University of British Columbia in 1983.

Mr. Cohen has over 25 years experience in the mining investment industry.  From 1979 to 1981, Mr. Cohen worked as a mill metallurgist for Utah Mines Ltd. at their Island Copper Mine. Mr. Cohen began his mining investment career with Prudential Bache Securities in 1983 as a mining analyst. He subsequently worked as a mining analyst with BBN James Capel Inc. from 1986 to 1991 and with Goepel McDermid Inc. from 1991 to 1998. He joined Dundee Securities in 1998 as head of their mining corporate finance team and held the position Managing Director, Investment Banking.  Currently, Mr. Cohen is a Managing Director at Primary Capital Inc.   He received his B.A.Sc. degree in Mineral Engineering from the University of British Columbia in 1979 and his MBA degree from the University of Western Ontario in 1983. Mr. Cohen is designated as a Professional Engineer in the Provinces of British Columbia and Ontario.

Mr. Meredith served as the Chief Financial Officer of Ivanhoe Mines Ltd. (now Turquoise Hill Resources Ltd.) from June, 1999 to November, 2001 and from May, 2004 to May, 2006, and as Deputy Chairman from May, 2006 to April, 2012. He also served as the Chief Executive Officer of SouthGobi Resources Ltd. from June, 2007 to October, 2009. During his tenure with the Ivanhoe Group of Companies ("Ivanhoe") he participated in raising more than US$4 Billion to advance the business interests of various companies within the group. Prior to joining Ivanhoe, Mr. Meredith spent 35 years with the accounting firm Deloitte & Touche LLP where he was a Senior Partner. He has extensive experience in regulatory compliance and corporate finance, with an emphasis on public resource companies and is a member of the Canadian Institute of Chartered Accountants. He has served on the Board of Directors of many companies, including but not limited to, Turquoise Hill Resources Ltd., Great Canadian Gaming Corp., China Gold International Resources Corp Ltd., SouthGobi Resources Ltd., Ivanhoe Energy Inc., Entree Gold Inc., Ivanhoe Australia Ltd., Asia Gold Corp., Besra Gold Inc. (formerly Olympus Pacific Minerals Inc.) and Jinshan Gold Mines Inc.