Brian A. Hinchcliffe, President

Mr. Hinchcliffe has decades of experience
in the development of mining projects and mine finance. Brian spent the
first ten years of his career working at the J. Aron trading arm of Goldman
Sachs, where he was responsible for the mining industry sector, working
in both New York and London. Following this, Mr. Hinchcliffe was the
founder of American Pacific Mining with Harry Dobson, and then Jordex
Resources. Jordex acquired the previously explored Loma de Hierro nickel
laterite deposit in Venezuela, which is located, with excellent infrastructure,
65 kilometers southwest of Caracas. Jordex re-verified the reserves and
the overall commercial viability of the project, and sold 85% of the
deposit to Anglo American Corporation for $65 million with Anglo assuming
the responsibility for project financing, development and management.
The Loma de Hierro mine was built at a cost of US500 million and commenced
commercial production as a low cost, long-term producer early in 2001.
Mr. Hinchcliffe received a BA from the State University
of New York, and attended graduate school at the Hagan Business School
at Iona College.
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