Corporate

Management


	Luquman A. Shaheen, M.B.A., P.Eng., P.E. President, CEO and Director Mr. Shaheen has an undergraduate degree in Civil Engineering and a Masters degree in Business Administration. He has over 20 years experience in the international mining sector with over 15 years dedicated to the development of mineral projects in Peru and Latin America. Mr. Shaheen resided in Peru from 1996 until 2001, is fluent in Spanish and English, very knowledgeable of the Peruvian mining sector and the social, environmental and business issues of this important mineral producing nation.

	Christian G. Pilon Director and President of Minera Panoro (Peru) S.A.C. Panoro Apurimac S.A. Resident in Lima, Peru, Mr. Pilon has over 30 years of experience in applied geophysics in mining, civil engineering, environmental and water resource projects. He is currently president of Geoline S.A., a Peruvian company dedicated to the sales and rental of engineering instrumentation and to specialized geophysical surveys and consulting.

	David W. Huber Chief Financial Officer Mr. Huber is a Chartered Accountant who brings over 12 years of professional experience with six years of experience in the CFO role. Prior to joining Panoro, Mr. Huber spent over six years in the Cayman Islands providing CFO and Corporate Secretarial services for the reinsurance industry. He also spent over five years with KPMG in the Cayman Islands and PricewaterhouseCoopers in Edmonton, Alberta

	Yves Barsimantov Vice President Operations and Peru General Manager Mr. Barsimantov is a management professional with over fourteen years experience in the Peruvian banking, fishing and mining sectors. Mr. Barsimantov joined Panoro in May 2010 and has been General Manager of Panoro's subsidiary in Peru since January 2011.

	Luis Vela Exploration Manager Mr. Vela has 22 years of experience in Cu porphyries, precious metals, exploration/mining and pre- feasibility studies. Prior to Panoro he worked for Trafigura Beheer Group, Andean Gold Ltd and Minera Penoles, between others. Mr. Vela holds a master in Economic Geology from University of Chile, in Santiago.