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Gold Price:

$1763.79   -1.11

Simple Average

07/01/13-10/31/13 $1,325.31
01/01/13-06/14/13 $1,543.17
07/01/12-12/14/12 $1,687.83
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11/08/11-12/14/11 $1,721.19

John Frostiak, Chairman, P. Eng. and Q.P.

Mr. Frostiak is a registered professional engineer in the province of Ontario and a member of the Canadian Institute of Mining Metallurgy and Petroleum. Currently, Mr. Frostiak is Chairman of Colossus Minerals Inc. (non-executive) and an advisor to Gowest Gold. Previously, Mr. Frostiak was Corporate Project Manager for Barrick Gold Corporation from 2008 to July 2012 responsible for the Kabanga Ni project (Xstrata Ni is the operator), capital project risk assessment and the Barrick Development System, which is minimum standards required for conducting studies and executing projects. Mr. Frostiak continues to provide support to Barrick in these areas on an as needs basis. In prior years, he held other positions within Barrick Gold Corporation and was responsible for numerous technical accomplishments, including leading the development of the process plant and surface facilities for the Pierina mine in Peru, the Bulyanhulu mine in Tanzania, and the Cowal mine in Australia.


Tom S. Bruington

Mr. Bruington is the Executive Vice President, Project Evaluation at Sandstorm Gold Ltd. prior to which he spent more than twelve years at the International Finance Corporation ("IFC") where he was employed as Chief Engineer/Industry Specialist for the mining division of the oil, gas, mining and chemicals department. In that role, Mr. Bruington was responsible for business development, technical appraisal, and operational supervision of the IFC's resource investments, completing more than 100 project appraisals in over 60 countries. Prior to the IFC, Mr. Bruington spent 20 years with a number of resource companies and was involved in mine design, construction and operations at projects in Australia, South Africa, South America and the U.S.A. Mr. Bruington is a Registered Professional Engineer and holds a Bachelor of Science in Mining Engineering, a Bachelor of Science in Petroleum Engineering, and a Master of Science in Mineral Economics, all from the Colorado School of Mines.


John P.A. Budreski

Mr. Budreski is the President and CEO of Morien Resources Corp., a company focused on the development of a coal asset in Eastern Canada. Mr. Budreski has over 25 years of experience in the resource and resource financing industries, most recently as a Vice Chairman of Cormark Securities Inc. and prior to that, President and CEO of Orion Securities Inc. Mr. Budreski holds a Bachelor of Engineering from Dalhousie / TUNS University and an MBA from the University of Calgary. Mr. Budreski is also a director of Sandstorm Gold Ltd., Alaris Royalty Corp., and the Chairman of Delta Gold Corporation.