Ann: Quarterly Activities Report and Appendix 4C, page-3

Ashley Hood has more than 15 years’ experience in the mining industry working in mine and exploration operations for junior and large mining companies based in Australia and throughout the Pacific including New Zealand. He has broad senior management experience having held a number of ASX appointed board positions while working on some of Australia’s major JORC resources. Mr Hood predominantly specialises in project/people management, native title negotiations, logistics, project due diligence/acquisitions and personally holds and manages a number of his own exploration project developments.He has served on the board of directors of several Australian and foreign private and public companies engaged in property development, fund management, manufacturing, engineering, mining and international trade.

Now this is a positive move - NOT. Maybe one of the other directors owes him money?

Why the hell do we need a mining executive?