Board of Directors Biographies

Michel L. Côté earned a Bachelor of Arts degree in Economics at the University of Montréal in 1971 and entered the stock broking profession. In more than 30 years in the securities industry, he held various positions of responsibility including Executive Vice-President of Midland Walwyn Capital Inc. from December 1987 to March 1990, and thereafter as President of Alpha Capital Inc. until September 2001. He has since acted as a principal in the financing of various junior mining companies. Mr. Côté is presently a Director of Temoris Resources Inc. and of Ste. Genevieve Resources Ltd. and became a Director of KWG in 2002.

Douglas M. Flett earned a Bachelor of Laws degree from the University of Windsor Law Faculty, and was admitted to The Law Society of Upper Canada in 1974. He built a large commercial and real estate practice in his home town of Lindsay, Ontario as well as undertaking there numerous property developments prior to retiring from active practice in order to write and focus his investing activities in resources and exploration companies. He has since published two novels and brokered a number of financings. Doug is a Director and the President of Fletcher Nickel Inc. and was appointed to the Board of Directors of KWG in February 2006.

Michael S. Harrington earned a Bachelor of Accounting degree from Iona University, New York, in 1959 and then pursued a long and varied career in the mining industry, retiring in 1994 as the Vice-President of Corporate Development of Cyprus Mining Company. In that role, over a period of 20 years he was responsible for identifying and negotiating major acquisitions and dispositions of Coal, Gold, Iron Ore and Copper assets. He also served in an operating role in a number of the acquired businesses. As President of the Cyprus gold mining subsidiary, he directed and managed one of the first major foreign gold-mining investments in Russia. He was subsequently contracted by a number of industry investors to manage their initiatives there, including Kinross Gold Corporation, Echo Bay Mines Limited, Pan American Silver Corporation, Gippsland Resources Inc., Armada Gold Corp. and KWG Resources Inc. Mike was elected a Director of KWG in 1998 and became its Vice-Chairman in 2006.

Frank C. Smeenk earned his B.A. and LL.B. degrees at the University of Western Ontario and was admitted to The Law Society of Upper Canada in 1976. He left the practice of law to join the resource industry in 1987 and has served as Executive Director of Deak Resources Corporation and as Chairman and CEO of both MacDonald Mines Exploration Limited and MacDonald Oil Exploration Limited, when they were both active in exploring their various concessions in the Republic of Cuba. He has been a director of numerous resource companies including Northfield Capital Corporation, Northfield Minerals Inc., NFX Gold Inc., Genoil Inc., Nuinsco Resources Limited, Perrex Gold Inc., Conquest Resources Limited and Armistice Resources Limited. He is currently the Managing Director of Fletcher Nickel Inc. In 1998 Frank was first elected a Director of KWG and became its Chief Executive Officer in 2004.

Leonard Teoli is a chartered accountant with over 15 years of experience with junior mining companies, a former CFO of KWG and current CFO of Dia Bras Exploration Inc.

Dr. Mousseau Tremblay was awarded a Doctorate in Geology by McGill University in 1956 after completing his undergraduate degree in Geology at the University of Montreal in 1951, following which he went to practice his profession at the Williamson Diamond Mine in Tanzania. He is a Professional Engineer in Ontario and explored the Ungava-Labrador iron ranges as an undergraduate student. In 1956 he was assigned to explore East Africa for diamond deposits, as Assistant Chief Geologist for De Beers Consolidated Diamond Mines Limited. In 1961 he became De Beers’ Chief Geologist to explore North America for diamonds. De Beers’ current presence in North America, and the methods of exploration for diamonds utilized by the industry, were established by Dr. Tremblay at that time. In 1965 he accepted a five-year mandate from the Government of Quebec to establish there, as its Executive Vice-President, the state mining company SOQUEM, which discovered and developed to production, three important mines during the term of his mandate. In 1970 he undertook a consulting practice and was named special adviser, mining and mineral development, to the President of the Canadian International Development Agency. Concurrently, he acted as a consultant for many large Canadian and foreign mining firms. He was also a consultant for the United Nations, the James Bay Development Corporation, the Federal Department of Indian Affairs, the Algerian Government, and the French Government’s COGEMA. He carried out for the Algerian Government, a critical study of the Soviet diamond prospecting work in the Hoggar region to document the potential diamond resources of the area. For the United Nations he contributed as the Canadian expert representative, to the discussions that led to the establishment of the UN Revolving Fund for Natural Resources Exploration. He was one of the Canadian representatives at UNESCO when the International Geological Correlation Program was created. He participated in the elaboration of two financing projects of the World Bank; one dealing with the creation in Thailand of a state mining company akin to SOQUEM, and the other, in Bolivia, dealing with the creation and profitable operation of the Fondo Nacional de Exploracion Mineral on the model of the UN Revolving Fund. In the private sector, he acted in many countries, including Brazil, for the following large mining firms: AMAX, St-Joe Minerals, Pickands Mather and Co., International Minerals and Chemicals (IMC), COGEMA, Getty Mines Ltd, U.S. Steel Corp., Newmont Mining, Texasgulf Inc., Mount Isa Mines Ltd, via Allstate Explorations Ltd, British Petroleum (B.P. Minerals), Rosario Resources, Denison Mines Ltd, Homestake Mining Co. Ltd., amongst others. While carrying on his consulting practice, Dr. Tremblay taught mineral economics and exploration geology at l'École Polytechnique de Montréal, first as a lecturer, then as an assistant professor. From 1980 to early 1984 Dr. Tremblay was internal consultant to the French Government's COGEMA as Head of the Natural Diamond Division, for the diversification from nuclear activities. Much field work was carried out for COGEMA in Mali, Guinea and Guyana, but especially in the Central African Republic in the investigation of diamond deposits. Dr. Tremblay returned to Canada in early 1984 and worked as a consultant in Southern Africa examining prospects for gold in the Barberton area and for sea diamonds off the Namaqualand and the Namibian coasts. In February 1985, he was named Director of the Earth and Engineering Sciences Division of the International Development Research Center (IDRC) in Ottawa. In April 1992 he resumed his consulting practice and was then principally involved in initiating diamond exploration and sampling operations in the Central African Republic under the aegis of United Reef Ltd. He also evaluated the alluvial diamond prospects of Golden Star Resources Ltd. in Guyana. In 1995 Dr. Tremblay and a partner built an ore dressing and testing laboratory: Minéraux Indicateurs Almaz Inc. to assist diamond exploration projects to extract diamonds out of bedrock, using attrition milling techniques. From 1996 to 2003, he was invited by the Government of Mauritania to assist them in the creation of a diamond exploration program covering the entire country, to help diversify the iron-only mining economy. In 1997 Dr. Tremblay was retained by Diadem Resources Inc. to examine its discovery of diamondiferous lavas in the Sacramento area of California. From 1998 onward he consulted in the development of diamond properties in Brazil, both in Goïas province north of the Coromandel diamond district and in Mato Grosso province, resulting in his appointment as President of Diagem International Resource Inc. in 2003 and as Chairman of the Company in 2005. Dr. Tremblay joined KWG’s Board of Directors in 2002 and became its Chairman in 2006.