Malbex Resources

Tim Warman President and Chief Executive Officer and Director

Mr. Warman is a professional geologist with over 20 years of experience in all phases of the mining industry, from grass roots exploration through feasibility and development. He was most recently the Vice President, Corporate Development of Aurelian Resources Inc., where he supported the exploration team in Ecuador, initiated and managed early-stage development studies, marketed Aurelian to international investors and played a significant role in successfully negotiating the $1.2 billion acquisition of Aurelian by Kinross Gold Corporation. Prior to Aurelian, Mr. Warman held senior positions in a number of mining and exploration companies in North America, Africa and Europe. Mr. Warman is a graduate of the University of Manitoba (MSc) and McMaster University (BSc) and a member of the Association of Professional Geoscientists of Ontario.

Derrick Weyrauch Chief Financial Officer

Mr. Weyrauch, has 19 years of senior financial experience with several international companies operating throughout North America and Europe. Prior to joining the Company, he was most recently Treasurer and Director of Finance at Gabriel Resources Ltd. Mr. Weyrauch has also held senior management positions with Cinram International Inc., BBi Enterprises LLP and Prism Medical Ltd. He obtained his Chartered Accountants designation in 1990 with KPMG LLP.

Peter Stewart Vice President, Exploration

Dr. Stewart, is an economic geologist with over 25 years of experience in the mining and related industries, including mineral exploration and development, government geological surveys and geology instruction at several universities. Prior to joining the Company, he provided geological consulting services to Aurelian Resources Inc. and Kinross Gold Corporation at the Fruta del Norte discovery and to other junior and private gold companies from 2002-2008. From 1992-1998, Dr. Stewart was Exploration Geologist for Phelps Dodge, with assignments in Eastern and Northern Canada, Southeast Asia, Idaho and Morocco. Prior to 1992, he worked as an exploration geologist for base and precious metal deposits across Canada and in Australia. Dr. Stewart received degrees in geology from Acadia University, Wolfville, NS (B.Sc.), Memorial University of Newfoundland (M.Sc.) and the University of Western Ontario (Ph.D.) and has been a registered Professional Geoscientist in Ontario since 2003.

Ignacio Celorrio President and Director of Malbex San Juan S.A.

Mr. Celorrio received his law degree from the Catholic University of Buenos Aires in 1996 and a Post-Graduate Specialization in Oil & Gas from the University of Buenos Aires in 2000. Mr. Celorrio is a member of the Buenos Aires Bar and has been a partner with Quevedo Abogados, a Buenos Aires law firm, since November 2007 where he practices in the areas of foreign investment, corporate and administrative law, principally in the natural resource and energy area. Mr. Celorrio has presided over several TSX-listed companies' Argentinean subsidiaries, performing mining exploration in Argentina and is currently the president of the Argentina Uranium Exploration Companies Chamber and a member of the Argentina Mining Chamber Comptroller Board.

F. Carson Noel General Manager, Malbex San Juan S.A.

Mr. Noel has 15 years of management experience in South America, culminating in his role as General Manager of Aurelian Ecuador S.A. from 2005 to 2009.  Prior to that, he acted as a consultant to the Canadian Commercial Corporation, (Canada's export contracting agency) primarily engaged in government to government negotiations for goods and services trade, and also as a General Manager/President of two public Canadian exploration companies.  He is past President/Founding Director of the Ecuadorian-Canadian Chamber of Commerce and past director of the Ecuadorian Chamber of Mines.  Mr. Noel earned his LL.B/MBA at Dalhousie University and a B.Comm. (Co-Op) from Memorial University of Newfoundland. He is a member in good standing of the Law Society of Newfoundland.

Marla Gale Vice President, Investor Relations

Ms. Gale has more than 14 years of public company communications experience, including corporate, agency and consulting roles. Most recently, she served as Director, Investor Relations at Aurelian Resources. Ms. Gale began her career at Hume, Kieran, a small cap investor relations consultancy where she served a range of clients, including junior mining companies. While at Fleishman-Hillard, a global PR agency, and The Works Design Communications, she consulted for a range of companies including Agnico-Eagle, Contact Diamond, Falconbridge and Harry Winston. Ms. Gale holds a M.Sc. in Chemistry from the University of Toronto and is a member of the Canadian Investor Relations Institute.