Management

Mr Peter Cook

BSc Applied Geol, MSc (Min Econ), MAusIMM – Non-Executive Chairman

Mr Cook is a Geologist and Mineral Economist and is the current Non-Executive Chairman and former Managing Director of Metals X Ltd. In the past decade he has been the Managing Director of Hill 50 Ltd, Harmony Gold Australia Pty Ltd, Abelle Ltd and Bluestone Tin Ltd. He is currently a Non-Executive Director of Aragon Resources Ltd and Westgold Resources Ltd. Mr Cook was the driving force behind the formation of Pacific Niugini Minerals Ltd recently acquired by Pacific Niugini Ltd (formerly Chrome Corporation Ltd). His PNG experience and knowledge will bring great value to the company as it transitions into copper and gold exploration and development in that country.

Mr David Osikore

BSc - Non-Executive Director

Mr Osikore BSc is a Geologist and has extensive exploration experience working for groups such as Bougainville Copper Limited, Placer Dome, Ingold (a subsidiary of INCO) and Renison Goldfields. In recent times he has been a Senior Geologist with Aurora Gold Limited, the Exploration Manager for Abelle Ltd responsible for their Wafi and Hidden Valley Projects and he was appointed the PNG Exploration Manager for Harmony Gold after their take-over of Abelle Ltd. David has considerable experience in dealing with all levels of PNG business, government, landowner communities and government agencies.

Mr Dennis Lovell

Mr Lovell is a Chartered Accountant with more than 40 years experience in corporate financial management in a range of industries including mineral exploration, mining, manufacturing and wholesale and retail operations in Australia and overseas. He has consulted to a number of ASX listing and capital raising projects and has acted as company secretary and financial director to a number of public listed companies.

Mr Paul Cmrlec

BEng (Mining), Honours – Managing Director

Mr Cmrlec holds a Bachelor of Mining Engineering degree from the University of South Australia. He specialises in feasibility studies and project development and has held a number of operational and planning roles, including the position of Underground Manager at several Western Australian gold Mines. He was previously the Group Underground Mining Engineer for Harmony Gold Australia, and is currently the Group Mining Engineer for Metals X Limited.

His recent experience includes the general management of major feasibility studies for the Wafi Copper-Gold deposit in Papua New Guinea, and the Wingellina Nickel-Cobalt deposit in the Central Musgraves region of Western Australia. Direct liaison with Traditional Landowners, their representatives, and government stakeholders has been a key requirement in both of these roles.

He is also a non-executive director of Westgold Resources Limited.

Mr Samuel Akoitai

Non Executive Director

Mr Akoitai was a member of the national parliament of PNG from 1997 until mid 2007, serving firstly as Minister for Bougainville Affairs (1997-2000) and subsequently as Minister for Mining from 2002 until 2007. Mr Akoitai was responsible for establishment of PNG’s Mineral Resources Authority, the statutory authority which now regulates the mining industry in that country, and has held numerous roles within the PNG resources industry.

Mr Akoitai is also a non-executive director of Marengo Mining (PNG) Limited the PNG operating subsidiary of Marengo Mining Limited (ASX & POMSoX Code: MGO).