Eric J. Berentsen, Director

Mr. Berentsen became a Director of the Company on June 29, 2006. He is also the President of Jipangu Exploration Inc. Mr. Berentsen has over 35 years of varied geological experience, including Chief Exploration Geologist for Getchell Gold Corp from 1990 to 1999 and for Apollo Gold Inc. from 2002 to 2005. Mr. Berentsen also served as Senior Mine Geologist from 1999 to 2002 for Placer Dome Inc. and has worked for Jipangu since its acquisition of the Exploration division of Apollo Gold in 2005.

Kenji Sakai, Director

Mr. Sakai has been an Executive Director and General Manager of Jipangu Inc. since 2009. Prior to his position at Jipangu, he held senior partner, managing director and CEO positions at Asahi Shinwa Company (currently KPMG Azusa LLC), Asahi Ernst & Young Consulting, Arthur Andersen, KPMG Consulting (PwC Consulting), Huron Consulting and Maxis Consulting. He has over 10 years of experience as director and over 10 years of consulting experience including corporate strategy development, merger and acquisition and turn around management. He has co-authored articles in several industry journals including Japan Management Association and Toyo Keizai. Mr. Sakai earned an MBA from the University of Washington (Seattle, Washington). He is a member of the audit committee of Atlanta Gold Inc.