Charles H. Merchant, Sr. ~ CEO and Director

Charles has spent the last twenty years in the mining business in Alabama and Utah. He has been a licensed mining engineer in the State of Alabama since 1997. From 1984-1990, Mr. Merchant served as Chief Operating Officer of Tennessee National Corp., a $65 million precious metals Holdings Company based in Tennessee. He also served as Vice President of U.S. operations for Consolidated Mining Co. of Alabama, where he negotiated numerous mining leases in seven states, for the coal and precious metals mining businesses.

From 2001 to present, Mr. Merchant has served as Chairman and Chief Operating Officer of JMays LLC, a major U.S. producer of commercial grade mica to the cosmetics and aerospace industries. In his capacity with JMays LLC, he constructed a multi-million dollar mica processing plant and secured land leases with a combined appraised value in the millions of dollars. Mr. Merchant currently serves as a Director of Titan Mining Group, Llc since 2006. Titan is an iron and rare earth exploration and development company located in Utah.

As President/CEO of then Novastar Resources in 2006, Merchant successfully engineered the reverse merger of Thorium Power into Novastar Resources what today is known as Lightbridge Company, a NASDAQ listed company (LTBR). Mr. Merchant has guest lectured at numerous universities, including: Cal-Poly Institute, University of California at Davis, Auburn University, University of Alabama, and the American Institute.

Roger W. Szelmeczka ~ Director of Operations

Roger has 20 years of experience and demonstrated knowledge with progressive responsibility in regulatory compliance, environmental science, groundwater, hazardous materials management, waste management, emergency response, and emergency management.

From 2000 to present, Mr. Szelmeczka has consulted on numerous gold prospecting projects in Alaska, Idaho and Alabama. He has spent over three years working on systematic sampling of Southern USA Resources Inc. properties that were part of an overall gold research project for Alabama Mineral Properties, LLC, an independent mineral properties research and development company. His research included use of field tech equipment using XRF technologies to detect presence of precious metals in surface samples.

As well, from 2008 to present, he has been an Environmental Specialist for Weirich Consulting Services, Inc, providing professional environmental services to Savannah River Nuclear Solutions LLC at the Savannah River Site in South Carolina.

Mr. Szelmeczka has published various technical reports and journals.

Marcus Flis ~ Director

Marcus has served since 2008 as the Managing Director of Royal Resources Limited, an Australia-based company engaged in iron ore and uranium exploration in Australia and United States, listed on the Australian Stock Exchange (ASX: ROY). From 2000 to 2008, Mr. Flis served as a Director of Business Development of Rio Tinto Iron Ore. Mr.

Flis also currently serves as a Director of Razorback Iron Pty Ltd, a wholly-owned subsidiary of Royal Resources Limited, Non-Executive Director of Aldershot Resources Ltd, a Canadian based company focused in uranium and vanadium exploration with projects in Australia, Africa and North America, listed on the TSX Venture Exchange (TSX: ALZ), and as a Non-Executive Director of Iron Ore NZ.

Mr. Flis received his B. Sc. degree with honors from the University of Adelaide in 1980 and his M. Sc. degree from the University of Utah in 1985.