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Board of Directors

Board of Directors Letter to Shareholders
 
Ronald L. Parratt - President, Chief Executive Officer, and Director
Mr. Parratt is a certified professional geologist with the American Institute of Professional Geologists (since 1989), a registered geologist in California (since 1976) and a professional geologist in Wyoming (since 1998), having graduated from Purdue University, W. Lafayette, Indiana with a Bachelor of Science degree in geochemistry (1970) and a Master of Science degree in Economic Geology (1975). He is a Fellow of the Society of Economic Geologists, a member of the Society for Mining, Metallurgy and Exploration, a member of the Northwest Mining Association and a member of the Geological Society of Nevada. Mr. Parratt has served on the State of Nevada, Commission on Mineral Resources since 1991 and is currently its Vice Chairman. From February 1978 to May 1997, Mr. Parratt was employed, initially as Senior Geologist rising to Vice President, Exploration, by Santa Fe Pacific Gold of Albuquerque, New Mexico, a company involved in mineral exploration and development internationally, then trading on the New York Stock Exchange. Santa Fe merged with Newmont Mining Corporation in 1997. Mr. Parratt was the Director of Exploration, Americas (June 1997 to June 1999) and the Exploration Manager, North America (June 1999 to February 2002) for Homestake Mining Company of Sparks, Nevada, a gold mining company then trading on the New York Stock Exchange with interests in North and South America and Australia. Homestake Mining merged with Barrick Gold Corporation in 2001. From March 2002 to January 2003, Mr. Parratt managed Parratt Geological Services, a private geological consulting company. Since January 2003, Mr. Parratt has been the President of AuEx, Inc.