hunter dickinson i - hdgold.com · hunter dickinson hunter dickinson is a private canadian group...
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HUNTERDICKINSONINC.success
Hunter Dickinson
Hunter dickinson is a private Canadian group with a dominant presence in the global mining industry.
From its head office in vancouver, Canada, Hunter dickinson actively sources new projects and
provides services to publicly traded companies active around the world in mineral exploration,
development and production. Behind every Hunter dickinson company is a multi-disciplinary team
of mining professionals with exceptional calibre, expertise and experience. the Hunter dickinson
team is composed of industry leaders in the fields of geoscience, engineering, the environmental
sciences, finance and investment, property acquisition, regulatory and government affairs, and
community development. Hunter dickinson companies are led by top executives in the mining field
who bring valuable skills and add depth to the Hunter dickinson group. leading-edge technology,
management tools and information support our people.
Hunter dickinson has successfully developed mineral properties for the benefit of shareholders,
national and multinational business partners, employees and local communities since 1985. We are
extremely proud of our achievements and our track record, but even more so of the business strategy
that has been responsible for our success over many years and market cycles. While Hunter dickinson
has grown and evolved, our business principles and their uncompromising application to every
project we undertake have remained unchanged.
Hunter dickinson has a clearly defined and progressive approach to mine development predicated on
a responsible mineral development philosophy. our business practices maximize staff and consultant
expertise and their proven capabilities in every phase of the process. our ability to perform more
efficiently and more profitably than competitive companies is predicated upon a time-proven
program.
Hunter dickinson seeks project transactions that add significant value for shareholders. When
appropriate, Hunter dickinson companies may elect to operate, build a consortium, merge or sell
all or part interest in the company or the mineral project. our criteria for such transactions are
that they must meaningfully benefit shareholders while fully upholding our business principles
and commitments to local communities.
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Directors
RobeRt A Dickinson MsC
chairman
Bob dickinson is an economic geologist who holds a BSc (Hons) degree in geology and a mSc degree in business administration and finance from the University of British Columbia. He has been active in mineral exploration for over 40 years and is a founding director of Hunter dickinson.
RonAlD W thiessen cA
ceo
ron thiessen holds a Bachelor of Commerce degree from the University of Saskatchewan and a Chartered accountant designation. Since the 1980’s, he has concentrated on the development of venture capital financing for emerging public and private companies. First, as director of Corporate development for Hunter dickinson beginning in 1994, and as president and Ceo since 2000, he and his associates have completed in excess of 20 property or project acquisitions, raised C$1.2 billion in exploration financings, and built an impressive portfolio of advanced mineral exploration and development projects.
DAviD J copelAnD p.eng
Director | project Development
dave Copeland is a geological engineer with 30 years experience in advancing mineral projects through feasibility, permitting, engineering design phases and initial development. projects include managing the original feasibility and permitting on the South Kemess mine in central British Columbia; the pre-feasibility study and initial permitting on the Hollister development project in nevada; and the feasibility study for the Burnstone gold project in South africa; and acting as a senior advisor on the gibraltar mine acquisition and restart team for the gibraltar mine in British Columbia.
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scott D cousensDirector | capital Finance
Scott Cousens provides management and financial services for a number of publicly traded companies. For the past 18 years, his focus has been the development of relationships within the international investment community. Substantial financings and subsequent corporate success has established strong ties with north american, european and asian investors. He also oversees the investor relations programs for the companies in the Hunter dickinson group.
Russell e hAllbAueR p.eng
Director
russ Hallbauer is a mining engineer, who has worked in the mining industry for the past 30 years. prior to joining Hunter dickinson in mid 2005, he was general manager of Base metal Joint ventures at teck Cominco ltd. where his responsibilities included overseeing the Highland valley Copper mine in central British Columbia as well as Compañía minera antamina in South america, a joint venture between teck Cominco and a number of international mining companies. He has also served as teck Cominco’s general manager of Coal operations, in charge of restructuring the Quintette and elkview mines, and returning those mines to profitability. He is a past Chairman of the mining association of British Columbia and a past president of the Canadian institute of mining, metallurgy and petroleum.
MARchAnD snyMAn cA (Aust),
cA (sA)
chief operating officer
marchand Snyman has over 12 years experience in corporate finance, with 10 years spent in the mining industry. He is currently the CFo for Continental minerals Corporation and northern dynasty minerals ltd. From 1996-2000, he was Corporate Finance manager and general manager Corporate Finance and development for anglo platinum. He started his own mining finance advisory business in 2003, providing services to a range of resource businesses active in australia, China, South africa and the United States. He joined Hunter dickinson in 2006.
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Directors (continueD)
Aziz shARiFF cA
Funding Advisor
aziz Shariff is an independent investor and institutional fundraiser operating through offices in Canada and dubai. He works closely with financial institutions in europe and the middle east and has been involved with the Hunter dickinson group of companies since 1985. He is a Chartered accountant from the institute of Chartered accountants of england & Wales.
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senior Personnel
lenA bRoMMelAnD bsc geology
chief project services executive
lena Brommeland has 20 years experience in evaluation and on-site management of large scale mineral projects. She is responsible for coordinating environmental planning, permitting and community engagement programs for early to feasibility level exploration projects, and over the past two years was director, Site operations/geology for Hunter dickinson’s largest project – pebble in alaska. other responsibilities include managing lands and exploration staff in the vancouver office. She takes an active role in health, safety and mineral concession advocacy efforts on behalf of the Hunter dickinson companies and the industry.
bRiAn cAusey cA
general Manager | project Finance
Brian Causey has over 30 years experience in finance and taxation. He holds a Chartered accountant designation and has served in various financial and operational capacities in previous positions as a partner of peat marwick thorne (now Kpmg), and with British Columbia packers limited and Zenith transport ltd. He was a key member of the team that led the re-start of the gibraltar mine in 2004. Currently, he is involved in the development of tax efficient and specialized financing structures, often involving limited partnerships, to raise financing for the Hunter dickinson group of companies.
Robin bennett (Dipl.-kfm.)Manager | corporate Development (europe)
robin Bennett specializes in corporate development, project finance and investor relations activities across europe. He holds a german mBa equivalent (dipl.- Kfm.) from munich University and has an extensive career of over 18 years working as advisor and as co-founder of business ventures in various technology sectors.
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DAviD gAunt bsc geology, p.geo
general Manager | Resource & Database
dave gaunt specializes in computer-based deposit modeling and resource estimating for Hunter dickinson projects worldwide. His responsibilities include analyzing remote sensing and geophysical data and he also manages and liaises with consultants who carry out independent resource estimates for Hunter dickinson companies. He has broad exploration experience as geophysical technician, project manager for numerous drilling programs and underground development/exploration geologist on projects across Canada.
shARi gARDineR bsc geology,
p.geo, Dip. bus. coMM
executive general Manager | corporate communications
Shari gardiner is senior advisor on technical compliance for the Hunter dickinson group. She specializes in writing news releases, technical reports, and quarterly and annual reports for all Hunter dickinson companies. She previously worked in exploration and investor relations for major and junior companies. Her work encompassed sustainable development activities, project evaluations and field studies. an active member of the mining community, she is a past president of the 5,000-member association for mineral exploration BC.
senior Personnel (continueD)
RobeRt cluFF bsc Msc geology, p.geo
executive general Manager | technical services
Bob Cluff has supervised major mineral exploration projects in South africa, mexico, USa and Canada for the Hunter dickinson group. He has also been involved in project presentations to financial analysts and investors, and evaluation and acquisition of mineral exploration projects of an advanced nature internationally. His exploration experience includes work in gold, precious and base metal deposits, and platinum group metals deposits in north america and South africa.
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Dickson hAll bA, MA
executive general Manager | corporate Development (Asia)
dickson Hall specializes in strategy and business development projects in China. He has an extensive career of over 25 years in the public and private sectors in greater China having worked in Beijing and guangzhou for British petroleum and represented the government of British Columbia in Hong Kong and China. He speaks, reads and writes mandarin Chinese.
stephen hoDgson bAsc, p.eNG
chief engineer
Stephen Hodgson has over 30 years of experience in mine operations, mine development and project engineering. at Hunter dickinson, he is involved in evaluating, directing and coordinating detailed engineering studies for advanced stage mineral development projects for companies within the Hunter dickinson group. Currently, he is responsible for the integrated development plan for the large pebble project in alaska.
AnDReW ing cA, ciA, cisA, cgeit
senior Manager | Financial & information technology Advisory
andrew ing has held positions with professional services firms pricewaterhouseCoopers and deloitte touche tohmatsu, providing assurance and advisory services to global mining companies in asia, europe and the americas. at Hunter dickinson, he leads the risk and compliance group in providing enterprise risk management, governance and compliance services. His work also includes transaction support for corporate finance/mergers and acquisitions projects, and he is a member of the it steering committee, which provides oversight on it governance, security and strategy to the group of companies.
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seAn MAgee bA
executive general Manager | public Affairs
Sean magee is a former journalist and speech writer with more than 15 years of natural resource industry communications experience. during his 10-year tenure as vice president and general manager of optimum public relations, he provided strategic counsel and communication planning services to organizations in the mining, forestry, energy, transportation, telecommunication, technology, manufacturing, retail and real estate sectors. Formerly director of public affairs for the pebble partnership, he has had a working relationship with Hunter dickinson for more than 12 years.
pAul MAnn bAsc, cA
executive general Manager | Finance & Reporting
paul mann has over 15 years progressive experience in the mining sector, as Controller of dayton mining, Compania minera dayton, and de Beers Canada mining. He has served as Corporate Controller at eldorado gold and Hunter dickinson, as vice president Finance for Forbes meditech and Crew gold, and as Chief Financial officer of north pacific geopower. He currently serves as CFo for amarc resources inc. and as the director of Finance and reporting for the Hunter dickinson group of companies, and oversees all accounting, regulatory and securities compliance and reporting, as well as treasury and taxation for the group.
senior Personnel (continueD)
bRuce Jenkins bsc biology, Msc
MARine biology (FisheRies)
chief sustainability/strategic Affairs consultant
Bruce Jenkins has over 30 years experience as an environmental consultant, working in north america, South america, southeast asia, and europe, specializing in environmental sciences, impact assessment/management, permitting, government and community relations, administration and project management, and public consultation on large mining, hydroelectric and oil pipeline projects. He coordinates the environmental assessment work for late stage exploration and feasibility-level projects for Hunter dickinson. He is Chief operating officer for northern dynasty mines, responsible for environmental, social and government affairs programs.
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DiAne nicolson phD, Aig Rpgeo
executive general Manager | corporate Development (Amarc)sr. Manager | business Development
diane nicolson is an economic geologist with a phd from the University of Wales. She has been active in the international minerals exploration and mining industry for over 20 years. Currently, she is responsible for the corporate development of amarc resources ltd. and is a member of the Hunter dickinson acquisitions team. prior to joining Hunter dickinson in 2007, she worked globally, primarily based in latin american, mainly with rio tinto and noranda.
MARk RebAgliAti bsc geologicAl
engineeRing, p.eng
chief exploration consultant
a consummate evaluation geologist and project manager, mark rebagliati has been directly involved in several significant mineral deposit discoveries. prior to establishing rebagliati geological Consulting (rgC) in 1986, he worked for a succession of major mining companies including goldfields, Selco and Bp. Since 1986, rgC has managed the worldwide exploration programs and also been responsible for quality control programs related to sampling and analyses for the exploration projects for the Hunter dickinson group of companies.
MARk peteRs cA
senior Manager | tax
mark peters is a Chartered accountant with nine years experience in accounting and taxation, and for the past six years he has been focused in the area of tax. prior to joining Hunter dickinson, he was employed at the professional services firm pricewaterhouseCoopers, where he specialized in Canadian corporate tax in addition to gaining international tax experience, primarily working with public companies. in his present role, he oversees the tax function for the Hunter dickinson group of companies.
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RobeRt schAFeR phD geology,
Msc MineRAl econoMics, cpg
chief business Development executive
robert Schafer has worked internationally with major and junior mining companies. prior to joining Hunter dickinson in 2004, he was the Ceo of two junior exploration companies listed on the tSx venture exchange. He has held senior positions with Kinross gold Corporation, BHp World minerals and Billiton exploration. His experience includes implementation of successful exploration strategies, project reviews and valuations leading to acquisitions, and management of exploration teams.
He is the immediate past president of the mining and metallurgical Society of america, and a current board member of the Society for mining, metallurgy and exploration and the prospectors and developers association of Canada.
beRnARD tAn cA
cFo & executive general Manager | professional services
Bernard tan is a Chartered accountant and an mBa graduate (finance) from mcgill University. He has over eight years of progressive business experience in the area of financial reporting and has worked with various medium and large Canadian and US public corporations in the areas of accounting, corporate finance, and regulatory reporting. prior to joining Hunter dickinson in 2005, he worked as an audit manager at Kpmg llp specializing in the technology area. as Chief Financial officer for Hunter dickinson, he manages the accounting, regulatory and securities compliance, reporting, treasury and taxation for the group.
senior Personnel (continueD)
MuRRAy RichARDson Dip. it
Manager | information technology
murray richardson has over 30 years experience in the mining industry, with 25 years focused on underground mining operations, including 10 years as project manager overseeing mining contractors. He has managed underground development projects in asia, the South pacific and Canada. after obtaining his certification in the field of information technology, he spent several years teaching before returning to the mineral resource sector. most recently, he was manager of Special projects and it for the pebble project.
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shAWn WAllAce bA
executive general Manager | investor Relations
Shawn Wallace has been with the Hunter dickinson organization for 20 years, as a field technician, land manager, and for the past eight years as an investor relations specialist. a key member of the management team, he is responsible for managing investor relations for the Hunter dickinson group of companies.
eRic titley bsc geology, p.geo
senior Manager | Resource geology
eric titley is the database specialist for the Hunter dickinson group. He has been with Hunter dickinson for 22 years, working on projects ranging from gold, copper-gold porphyry, massive sulphides and platinum group metals, in Canada, USa, australia, mexico, South africa and Chile. He has extensive experience in project evaluation, resource estimates, and computer systems used to collect, analyze and manage critical project data.
tRevoR thoMAs llb
general counsel
trevor thomas has practiced in the areas of corporate commercial, corporate finance, securities and mining law since 1995, both in private practice environment as well as in house positions. prior to joining Hunter dickinson, he served as in-house legal counsel with placer dome inc.
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Historical Performanceover the years, the outstanding success of the Hunter dickinson group has enabled it to raise funds to
acquire and develop projects, even during times when the market was at a downturn. our enviable track
record also enables us to acquire projects not available to other exploration and development groups.
established in 1985, the predecessor to the Hunter dickinson that we know today was formed by
robert Hunter and robert dickinson. the two principals founded north american metals, which
partnered with Chevron Canada in the development of the golden Bear mine near dease lake, British
Columbia. three years after north american metals was forged, the company’s shareholders decided
to sell to Homestake Canada in 1988. the takeover provided shareholders with a return of 900% in less
than three years.
in the same year, Continental gold Corp. began operations. the company found and explored the mount
milligan gold-copper porphyry deposit near mackenzie, in central British Columbia and advanced the
project to the permitting stage when major mining company placer dome inc. offered to buy the
company. Continental gold shareholders accepted an offer of C$20 per share in 1990, an increase of
1,800% over two years.
the Hunter dickinson group was instrumental in the development of the Kemess gold-copper porphyry
deposit located in northern British Columbia. Under the aegis of el Condor resources, the Kemess
project reached the permitting stage when royal oak purchased the company in 1996. Sold at C$7 a
share, investors earned a substantial return – more than 1,450%.
Some companies have established management groups and become independent of the Hunter
dickinson group.
detour gold Corporation is focused on advancing the development of its flagship detour lake project.
the detour lake project is at the feasibility stage. in July 2008, detour gold reported an open pit
resource containing 10.8 million ounces of gold in the measured and indicated categories (242.9 million
tonnes grading 1.38 g/t), and 2.5 million ounces of gold in the inferred category (63.9 million tonnes
grading 1.19 g/t), using a gold price of US$700 per ounce and cut-off grade of 0.5 g/t gold. detour
gold was listed on the toronto Stock exchange in February 2007.
great Basin gold ltd. is developing mining assets in two of the world’s richest gold environments – the
Witwatersrand Basin of South africa and the Carlin trend of nevada, USa – and advancing toward
low-cost, mid-tier gold production in the near term. trial mining and bulk sampling was initiated at its
Hollister gold project in nevada in 2008. development at the Burnstone gold project in South africa
will reach the mineralized zone in early 2009 and production is expected to begin later in the year.
great Basin gold was listed on the toronto and american Stock exchanges in 2003.
as projects have advanced, separate management and support teams have been established for taseko
mines limited, Farallon mining ltd., rockwell diamonds inc. and anooraq resources Corporation,
resulting in fewer services being required from Hunter dickinson. this provides Hunter dickinson with
the flexibility to investigate and acquire new projects and build new companies that can generate
substantial value for shareholders.
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recoGnitionyear From to Award Recognition for
2008 Canadian institute of mining, metallurgy and petroleum
robert dickinson a.o. dufresne award exceptional achievements and distinguished contributions to mining exploration in Canada
2008 association for mineral exploration BC
ron thiessen e.a. Scholz award excellence in mine development
2008 Society for mining, metallurgy and exploration
mark rebagliati robert m. dreyer award
outstanding achievement in applied economic geology
2007 China’s ministry of land and resources
Continental minerals Corp.
explorer of the Year award
Significant mineral discovery – the xietongmen deposit
2007 prospectors and developers association of Canada
northern dynasty minerals ltd.
thayer lindsley international discovery award
Significant mineral discovery – the pebble east deposit
2007 Canadian institute of mining, metallurgy and petroleum
russell Hallbauer Selwyn g. Blaylock medal
Contributions, distinguished service and support of mineral exploration and development
2007 association for mineral exploration BC
lena Brommeland Frank Woodside past president’s award
Health, safety and mineral tenure advocacy efforts
2006 association for mineral exploration BC
Shari gardiner gold pan award long-term efforts regarding land use, stakeholder communication and leadership
2004 ernst & Young directors of Hunter dickinson – d. Copeland, S. Cousens, d. Jennings, r. dickinson, J. mason and r. thiessen
entrepreneur of the Year® 2004 pacific award
determination, vision and business acumen
2004 Fraser Basin Council gibraltar mine, co-winner with the Cariboo regional district
Sustainability award the municipal landfill project in Williams lake, BC. the Sustainability award honours organizations that are helping to ensure a sustainable future for the Fraser river Basin
2004 mining association of BC
gibraltar mine, co-winner with the Cariboo regional district
partners in mining award
the municipal landfill project. the award honours innovative relationships that create business and community opportunities for the benefit of others
2002 american institute for mining, metallurgical and petroleum engineers
robert Schafer William lawrence Saunders gold medal
distinguished achievement in mining
2002 northern BC Business and technology
gibraltar mine achievement award the municipal landfill project and a mini Hydro project
2000 mining association of BC
robert dickinson BC mining industry person of the Year
outstanding achievements in mining
1997 prospectors and developers association of Canada
mark rebagliati Bill dennis prospector of the Year
important contributions to the prospecting and exploration industry
1996 BC & Yukon Chamber of mines (now association for mineral exploration BC)
mark rebagliati H.H. “Spud” Huestis award
excellence in prospecting and mineral exploration
1990 prospectors and developers association of Canada
robert dickinson viola r. macmillan developer’s award
leadership in management and financing for the exploration and development of mineral resources
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commitment to resPonsible mineral DeveloPment
mines are a unique form of human endeavour. they produce minerals essential to modern life. they
generate more wealth on less land than any other resource activity. and they must be meticulously
planned and managed to protect the environment.
Hunter dickinson takes seriously its responsibility to maximize project benefits for nearby communities,
while minimizing or eliminating negative consequences of development. that’s why all Hunter dickinson
companies are guided by two simple principles:
projects must be developed in a manner that respects local socio-economic priorities;
projects must incorporate the highest quality of environmental management.
Consistent adherence to this social and environmental ethic has allowed Hunter dickinson to establish
positive relationships in all of its operating communities. We actively foster close partnerships with
local governments and community leaders to ensure that our projects create the kind of local benefits
that residents both want and need.
When undertaking projects in the developing world, Hunter dickinson seeks opportunities to improve
local infrastructure such as roads and educational systems. training is undertaken to ensure local
residents are equipped to gain employment. and we insist on the highest standards of occupational
health and safety.
Hunter dickinson’s environmental commitment goes far beyond compliance with government regulations
and standards. through innovation, experience and the contributions of specialized consultants and
local experts, we structure the best environmental management plan for each specific site.
Hunter dickinson management programs begin with rigorous baseline assessments, and include
ongoing monitoring of water quality, wildlife impacts and other key indicators. the ecological footprint
of all project components is minimized, operational impacts are consistently monitored and controlled,
and site restoration is conducted at the end of each project’s working life.
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Hunter Dickinson GrouP oPerations
coMpAny coMMoDity pRoJect countRy
1. tAseko Mines liMiteD Copper, molybdenum gibraltar Canada
gold, Copper prosperity
gold Harmony
niobium aley
2. RockWell DiAMonDs inc. diamonds Holpan South africa
Klipdam
Wouterspan
Saxendrift
3. FARAllon Mining ltD. Zinc, Copper Campo morado mexico
polymetallic
4. AnooRAq ResouRces coRp. platinum group metals lebowa (pending) South africa
ga-phasha
Boikgantsho
5. continentAl MineRAls coRp. Copper, gold xietongmen China
6. noRtheRn DynAsty Copper, gold pebble USa
MineRAls ltD. molybdenum
7. AMARc ResouRces ltD. gold, Base metals various Canada
8. RAthDoWney ResouRces Base metals various ireland
liMiteD
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tAseko Mines liMiteD is a mining exploration, development and production company. its main assets are the gibraltar copper-molybdenum mine, the prosperity gold-copper project and the Harmony gold and aley niobium projects; all are located in British Columbia, Canada
taseko’s gibraltar mine is currently a 46,000-ton per day operation. in 2008, gibraltar produced 59 million pounds of copper and 661,000 pounds of molybdenum. the mine is completing the second phase of the expansion and modernization program that is expected to increase production capacity to 55,000 tons per day.
prosperity is one of the largest undeveloped gold-copper deposits in Canada. a September 2007 feasibility study confirmed that the project is economically and technically feasible to produce 247,000 ounces of gold and 108 million pounds of copper, annually, over a 20-year mine life. the project is in the permitting stage, and has entered the review phase of the environmental assessment process. the Company is targeting a 2012 start-up date for the mine.
the Harmony and aley projects provide longer-term development opportunities.
taseko has established a strong management team to oversee the Company’s operations and retains Hunter dickinson only for specific functions. taseko mines trades in Canada on the toronto Stock exchange under the symbol tKo and in the United States on the nYSe amex exchange under the symbol tgB.
Russell e hAllbAueRpresident & chief executive officer
russ Hallbauer is a professional engineer with a degree in mining engineering, who has worked in the mining industry for the past 30 years. prior to joining taseko in mid 2005, he was general manager of Base metal Joint ventures at teck Cominco ltd. where his responsibilities included overseeing the Highland valley Copper mine in central British Columbia as well as Compañía minera antamina in South america, a joint venture between teck Cominco and a number of international mining companies. He has also served as teck Cominco’s general manager of Coal operations, in charge of restructuring the Quintette and elkview mines, and returning those mines to profitability.
Vancouver
Williams Lake
PACIFIC OCEAN
BRITISH COLUMBIA
YUKON
ALBERTA
U.S.A.
Prosperity
GibraltarHarmony
Aley
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RockWell DiAMonDs inc. is creating a mid-tier diamond mining and development company with established operations in historical diamond producing regions of South africa. the Company’s primary focus is to add value to existing operations and to aggressively seek superior, advanced-stage projects.
rockwell owns 74% of four alluvial diamond mining operations which have a solid record of producing large, high value gemstones. these projects have a significant proportion of high value +2 carat stones. rockwell achieved an average price of US$1,985/carat for sales of 17,668 carats during fiscal 2008.
rockwell is building a South africa-based management team to oversee the Company’s operations and retains Hunter dickinson only for specific functions. rockwell trades in Canada on the toronto Stock exchange under the symbol rdi, in the United States on the over-the-Counter Bulletin Board under the symbol rdiaF and in South africa on the Johannesburg Stock exchange under the symbol rdi.
John bRistoWpresident & chief executive officer
John Bristow holds a phd degree in geology from the University of Cape town, South africa. He has over 30 years experience in the diamond business, encompassing the exploration, evaluation and mining of kimberlite and alluvial diamond deposits, initially with deBeers, the well known international diamond company and later as Ceo of Kalahari diamonds plc, which successfully merged with petra diamonds in 2005. in 1998, mr. Bristow played a key role in listing alluvial diamond producer gem diamond mining Corporation on the Johannesburg Stock exchange that ultimately merged with the trans Hex group, South africa’s largest listed diamond producer.
ATLANTICOCEAN
INDIANOCEAN
Cape Town
Johannesburg
Holpan/KlipdamWouterspan
DEMOCRATIC REPUBLICOF THE CONGO
BOTSWNANNAMIBIA
ZIMBABWE
SOUTH AFRICA
MOZAMBIQUE
MALAWI
ANGOLA
TANZANIA
ZAMBIA
Saxendrift
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FARAllon Mining ltD. is focused on becoming a substantial mining company in mexico. the Company’s key asset is the polymetallic (zinc, copper, silver, gold, lead) g-9 mine at its 100% owned Campo morado property in guerrero state, mexico. Farallon employed a parallel track program to advance the g-9 project where major elements in the design, planning and construction were pursued simultaneously. Surface facilities were largely complete in mid-2008, followed by mill commissioning and underground stope development.
the g-9 mine commenced shipping of zinc, copper and lead concentrates to smelters in asia in February 2009. Farallon is targeting annualized production of 120 million pounds of zinc, 15 million pounds of copper, 1.5 million ounces of silver, 14,500 ounces of gold and 6 million pounds of lead at production capacity of 1,500 tonnes per day.
Farallon has established a strong management team to oversee the Company’s operations and retains Hunter dickinson only for specific functions. Farallon trades in Canada on the toronto Stock exchange under the symbol Fan.
JRh (Dick) Whittingtonpresident & chief executive officer
dick Whittington is a mining engineer, with a degree from the royal School of mines in the United Kingdom. His experience spans over 35 years with major mining companies in Canada, panama and australia, involving all phases of mine evaluation and development. as a mining executive, he has participated in the full spectrum of corporate activities, including exploration, numerous feasibility studies, several acquisitions, and over $1 billion of major corporate financings.
GULF OFMEXICO
PACIFICOCEAN
U.S.A.
MEXICO
Acapulco
Mexico City
Campo Morado
MINING LTD.
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AnooRAq ResouRces coRpoRAtion is in the business of acquiring, exploring and developing prospective platinum group metals (pgm) properties. the Company’s two advanced stage projects, ga-phasha and Boikgantsho, are located in the Bushveld Complex, a geological region in South africa that is internationally recognized for its pgm deposits. the focus on these two projects continues to be the completion of advanced drilling and engineering studies.
in September 2007, anooraq entered into a transaction framework agreement with anglo platinum limited whereby anooraq would purchase from anglo platinum a 51% controlling interest in lebowa platinum mines. as part of the transaction, anooraq will also increase its interest to 51% in the advanced exploration stage ga-phasha and Boikgantsho projects as well as the earlier stage Kwanda project. these transactions will transform anooraq into a significant independent pgm producer controlling the third largest pgm resource in South africa. definitive agreements were completed in april 2008, subject to a number of conditions, including regulatory approvals; these were advanced in 2008. the transaction is expected to close in the second quarter of 2009.
anooraq also has the distinction of being a Black economic empowerment (Bee) company. participation of a Bee is required for all mine development in South africa.
anooraq is building a South africa-based management team to oversee the Company’s operations and retains Hunter dickinson only for specific functions. anooraq trades in Canada on the tSx venture exchange under the symbol arQ, in the United States on the nYSe amex exchange under the symbol ano and in South africa on the Johannesburg Stock exchange under the symbol arQ.
philip kotzepresident & chief executive officer
philip Kotze is a professional mining engineer with over 26 years of experience in the mining industry, including holding operational and executive positions at anglogold limited, Kalahari goldridge mining Company limited and Harmony gold mining Company limited. a graduate of the University of Witwatersrand with a graduate diploma in engineering (mining economics), mr. Kotze also holds a national Higher diploma in metalliferous mining (WitS technikon) as well qualifications in industrial relations (UniSa) and management (WitS Business School).
ATLANTICOCEAN INDIAN
OCEAN
BOTS WANA
NAMIBIA
ZIMBABWE
ZAMBIA
SOUTH AFRICA
Johannesburg
Cape Town
BushveldComplex
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MAp
continentAl MineRAls coRpoRAtion is advancing the xietongmen Copper-gold project in the tibet autonomous region of China. drilling in 2005 and 2006 outlined substantial mineral resources in the xietongmen copper-gold deposit as well as identifying several other prospective targets on the xietongmen property. a second drill discovery, called newtongmen, was made in 2006.
in mid 2007, the positive results of a feasibility study for a 40,000 tonnes per day open pit operation on the xietongmen deposit were announced. the mine would have a 14 year life with an annual average production of 116 million pounds of copper, 190,000 ounces of gold and 1.73 million ounces of silver.
project work in 2008 and 2009 has been focused on the xietongmen deposit, and includes basic engineering, finalizing the international-standard environmental and Social assessment (eSia) report and compiling a mining license application.
Continental trades in Canada on the tSx venture exchange under the symbol KmK and in the United States on the over-the-Counter Bulletin Board under the symbol KmKCF.
DAviD J copelAnDpresident & chief executive officer
dave Copeland is a geological engineer with 30 years experience in advancing mineral projects through feasibility, permitting, engineering design phases and initial development. projects include managing the original feasibility and permitting on the South Kemess mine in central British Columbia, the pre-feasibility study and initial permitting on the Hollister development project, nevada; and the feasibility study for the Burnstone gold project, South africa; and acting as a senior advisor on the gibraltar mine acquisition and restart team.
BAY OF BENGAL
INDIA
MONGOLIA
CHINA
Xietongmen
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noRtheRn DynAsty MineRAls ltD.’s key asset is a 50% interest in the pebble project. located in southwest alaska, pebble is an advanced stage project with the potential to produce one-quarter of america’s domestic copper supply for more than 50 years.
northern dynasty acquired the pebble project in 2001 and by 2004, had expanded the known mineral resource in the pebble deposit from 1 billion to more than 4 billion tonnes. an area of significantly higher grade mineralization, discovered in 2005 in the eastern part of the deposit, has been the focus of work for the past three years.
the recent estimate of the pebble deposit includes measured and indicated resources containing 48 billion pounds of copper, 57 million ounces of gold, and 2.9 billion pounds of molybdenum (5.1 billion tonnes grading 0.43% copper, 0.35 g/t gold and 256 ppm molybdenum); plus inferred resources containing 24 billion pounds of copper, 37 million ounces of gold and 1.9 billion pounds of molybdenum (4.0 billion tonnes grading 0.55% copper equivalent) at a 0.3% copper equivalent cut-off.
in July 2007, northern dynasty and anglo american plc established a 50:50 partnership to engineer, permit, construct and operate a modern, long-life mine at pebble. each of the Company and anglo effectively has equal rights in the partnership through wholly-owned affiliates. Under the terms of the agreement, anglo funds US$1.425 to US$1.5 billion of project costs to maintain its 50% interest.
the partnership’s immediate focus is to complete a prefeasibility Study and prepare the pebble project for permitting in 2010.
northern dynasty trades in Canada on the toronto Stock exchange under the symbol ndm and in the United States on the nYSe amex exchange under the symbol naK.
RonAlD W thiessen cA
president & chief executive officer
ron thiessen holds a Bachelor of Commerce degree from the University of Saskatchewan and a Chartered accountant designation. Since the 1980’s, he has concentrated on the development of venture capital financing for emerging public and private companies. First, as director of Corporate development for Hunter dickinson beginning in 1994, and as president and Ceo since 2000, he and his associates have completed in excess of 20 property or project acquisitions, raised C$1.2 billion in exploration financings, and built an impressive portfolio of advanced mineral exploration and development projects.
Pebble
GULF OF ALASKA
PACIFIC OCEAN
ALASKA
YUKON
Fairbanks Dawson City
Whitehorse
SewardIliamna
Prudhoe Bay
AnchorageKenai
Homer
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AMARc ResouRces ltD. has assembled a dedicated and highly experienced field and evaluations team to make the next major new mineral deposit discovery. the team’s efforts are twofold: early stage exploration in British Columbia and evaluating proposals from favorable mining jurisdictions around the world.
amarc’s extensive 2007 regional exploration programs identified the prospective Sitlika Copper-Zinc Belt. the Sitlika Belt is located in central BC and consists of a regionally extensive rock package that has high potential to host major copper and zinc volcanogenic massive sulphide (vmS) deposits. amarc’s 2008 field programs followed up on a number of promising prospects and led to the discovery of the new Huge South target.
amarc trades in Canada on the tSx venture exchange under the symbol aHr and in the United States on the over-the-Counter Bulletin Board under the symbol axreF.
RobeRt A Dickinson Msc
chairman
Bob dickinson is an economic geologist who holds a BSc (Hons) degree in geology and a mSc degree in business administration and finance from the University of British Columbia. He has been active in mineral exploration for over 40 years and is a founding director of Hunter dickinson.
Vancouver
PACIFIC OCEAN
BRITISH COLUMBIA
YUKON
ALBERTA
U.S.A.
Huge South
marcResources Ltd.
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RAthDoWney ResouRces liMiteD is actively working in the base metal ore field in ireland, with the aim of discovering a major mineral deposit with the potential to become a next generation base metal mine. the Company has been granted exploration permits for 10 project areas covering approximately 2,300 square km in highly prospective settings. rathdowney’s 67 prospecting licenses make it the third largest ground holder in ireland. the Company has collected and analyzed over 10,000 samples, completed airborne surveys and generated multiple priority drill targets for follow-up evaluation.
John bARRychief executive officer
John Barry is a geologist who holds mSc and mBa degrees. He has worked in the exploration and mining industry since 1988 and has consulted to the industry on a range of gold and base metal deposits in europe, africa, australia and southeast asia. He has extensive experience in the specialist areas of mineral exploration, project management and the technical and financial appraisal of mineral exploration and mining projects.
Dublin
Westmeath-N
Galway
Courtbrown
Mallow
IRELANDLaois
Kildare
MoateWestmeath-S
Meath
Longford
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teCHniCal expertS/QUaliFied perSonS For reportS oF tHe HUnter diCKinSon groUp oF CompanieS
CompanY proJeCt QUaliFied perSon ConSUlting CompanY
Anooraq Resources corporation
ga-phasha resource estimate, october 2007
g. Chunnett, pr.Sci.nat. anglo platinum
Boikgantsho preliminary assessment, march 2005
d. reeves, ausimm d. Stone, p.eng. t. tulp, ausimm
Hunter dickinson minefill Services inc. Hatch associates
Boikgantsho resource estimate, november 2004
d.J. van der Heever, pr.Sci.nat.
geologix mineral resource Consultants (pty) ltd.
continental Minerals corporation
xietongmen resource estimate, January 2007
i. Chisholm, p.eng. aker Kvaerner
xietongmen Feasibility Study, august 2007
g. Holmes, p.eng. p. live, eng. l. melis, p.eng.
aker Kvaerner BBa associates melis engineering
drilling and Quality Control m. rebagliati, p.eng. Hunter dickinson
Farallon Resources ltd. g-9 resource estimate, march 2008
d. gaunt, p.geo. Q. deng, C.p.geol.
Hunter dickinson Behre dolbear & Company (USa) inc.
production plan and Schedule for the g-9 mine, december 2008
S.J. godden, p.eng. SJ godden and associates
resource estimates for reforma, naranjo, el rey and el largo deposits, June 2005 andSeptember 2005
Q. deng, C.p.geol. Behre dolbear & Company (USa) inc.
drilling and Quality Control d. Kilby, p.eng. Farallon resources
northern Dynasty Minerals ltd.
pebble resource audit, november 2008
d.W. rennie, p.eng. Scott Wilson roscoe postle associates inc.
drilling and Quality Control m.rebagliati, p.eng. Hunter dickinson
Rockwell Diamonds inc. Holpan/Klipdam resource estimate, may 2008
t. marshall, phd, pr.Sci.nat. explorations Unlimited
Wouterspan resource estimate, June 2008
t. marshall, phd, pr.Sci.nat. explorations Unlimited
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CompanY proJeCt QUaliFied perSon ConSUlting CompanY
taseko Mines limited prosperity Feasibility Study, September 2007
S. Jones, p.eng. taseko mines
gibraltar mineral reserve estimate, december 2008
S. Jones, p.eng. taseko mines
Harmony resource estimate, 2001
g.H. giroux, p.eng. m. nowak, p.eng.
giroux Consultants nowak Consultants
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