explorat io ndevelopmentm in in g

HUNTER
DICKINSON
INC.
success
exploration development mining
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
2
Robert A Dickinson MSC
Chairman
Ronald W Thiessen CA
CEO
David J Copeland P.Eng
Director | Project Development
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.
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.
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.
Scott D Cousens
Director | Capital Finance
Russell E Hallbauer P.Eng
Director
Marchand Snyman CA (Aust),
CA (SA)
Chief Operating Officer
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.
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 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
BRIAN CAUSEY CA
General Manager | Project Finance
robert cluff BSc MSc Geology, P.Geo
Executive General Manager |
Technical Services
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 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.
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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Senior Personnel (Continued)
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.
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David Gaunt Bsc Geology, P.Geo
General Manager | Resource &
Database
Dickson Hall BA, MA
Executive General Manager |
Corporate Development (Asia)
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.
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
BRUCE JENKINS BSc Biology, MSc
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.
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.
Marine Biology (Fisheries)
Chief Sustainability/Strategic
Affairs Consultant
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Senior Personnel (Continued)
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Sean Magee BA
Executive General Manager |
Public Affairs
Paul Mann BASc, CA
Executive General Manager |
Finance & Reporting
DIANE NICOLSON PHD, AIG RPGeo
Sr. Manager | Business Development
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 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.
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 Peters CA
Senior Manager | Tax
Mark Rebagliati BSc Geological
Engineering, P.Eng
Murray Richardson DIP. IT
Manager | Information Technology
Chief Exploration Consultant
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.
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.
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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Senior Personnel (Continued)
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.
10
Bernard Tan CA
CFO & Executive General Manager |
Professional Services
Trevor Thomas LLB
General Counsel
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.
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.
Eric Titley BSc Geology, P.Geo
Senior Manager | Resource
Geology
Shawn Wallace BA
Executive General Manager |
Investor Relations
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.
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.
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Historical Performance
Over 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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RECOGNITION
Year
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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16
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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exploration development mining
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3
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4
Hunter DIckinson group OPERATIONS
CompanyCommodityProjectCountry
1. Taseko Mines Limited
Copper, MolybdenumGibraltar Canada
Gold, CopperProsperity
Gold
Harmony
NiobiumAley
2. Rockwell Diamonds Inc.Diamonds
Holpan
Klipdam
Wouterspan
Saxendrift
3. Farallon MINING Ltd.
Campo MoradoMexico
Zinc, Copper
South Africa
Polymetallic
4. Anooraq Resources Corp.
Platinum Group MetalsLebowa (pending)
South Africa
Ga-Phasha
Boikgantsho
5. ContinentAl minerals Corp.
Copper, GoldXietongmen
China
6. Northern Dynasty
Copper, Gold Pebble
USA
Minerals Ltd. Molybdenum
7. Amarc Resources Ltd.
Gold, Base MetalsVarious
8. rathdowney resources
Base MetalsVariousIreland
limited
Canada
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exploration development mining
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.
YUKON
ALBERTA
Aley
Harmony
Russell E Hallbauer
President & 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.
BRITISH
COLUMBIA
Williams Lake
Gibraltar
Prosperity
PACIFIC
OCEAN
Vancouver
U.S.A.
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exploration development mining
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, advancedstage 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.
DEMOCRATIC REPUBLIC
OF THE CONGO
TANZANIA
ANGOLA
MOZAMBIQUE
ZAMBIA
ZIMBABWE
NAMIBIA
BOTSWNAN
John Bristow
President & 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.
MALAWI
Johannesburg
Holpan/Klipdam
Wouterspan
Saxendrift
ATLANTIC
OCEAN
INDIAN
OCEAN
SOUTH AFRICA
Cape Town
23
24
exploration development mining
MINING LT D.
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.
U.S.A.
MEXICO
Mexico City
JRH (Dick) Whittington
President & 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.
Campo Morado
PACIFIC
OCEAN
GULF OF
MEXICO
Acapulco
25
26
exploration development mining
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.
ZAMBIA
ZIMBABWE
BOTS WANA
NAMIBIA
Johannesburg
philip kotze
President & 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).
ATLANTIC
OCEAN
Bushveld
Complex
SOUTH AFRICA
Cape Town
INDIAN
OCEAN
27
28
exploration development mining
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.
MONGOLIA
CHINA
Xietongmen
David J Copeland
President & 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 prefeasibility 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.
INDIA
MAP
BAY OF
BENGAL
29
30
exploration development mining
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.
Prudhoe Bay
YUKON
Fairbanks
Dawson City
ALASKA
e
MAP Anchorag
Kenai
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.
Whitehorse
Pebble
Iliamna
PACIFIC
OCEAN
Seward
Homer
GULF OF ALASKA
31
32
exploration development mining
marc
Resources Ltd.
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 CopperZinc 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.
YUKON
ALBERTA
Huge South
BRITISH
COLUMBIA
Robert A Dickinson
Chairman
MSc
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.
PACIFIC
OCEAN
Vancouver
U.S.A.
33
34
exploration development mining
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.
Longford Westmeath-N
Meath
Westmeath-S
Moate
Dublin
Kildare
Galway
Laois
IRELAND
Courtbrown
john barry
Chief Executive Officer
Mallow
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.
35
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.
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
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 and
September 2005
Q. Deng, C.P.Geol.
Behre Dolbear & Company
(USA) Inc.
Drilling and Quality Control
D. Kilby, P.Eng.
Farallon Mining
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
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
Continental Minerals
Corporation
Farallon Mining Ltd.
Northern Dynasty
Minerals Ltd.
Rockwell Diamonds Inc.
36
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
37