Mr. Fennell received his law degree in 1979 from the University of Alberta and practiced in the areas of corporate and resource law until 1983, when he founded Golden Star Resources Ltd. (“Golden Star”). During his term as President and Chief Executive Officer, Golden Star became a TSX 300 company. In 1998, Mr. Fennell left Golden Star to become Chairman and Chief Executive Officer of Cambiex Exploration Inc., which became Hope Bay Gold Corporation (“Hope Bay”). He held this position until Hope Bay was acquired by Miramar where he continued as Executive Vice-Chairman and director until its takeover in January 2008 by Newmont Mining Corporation, a leading gold producer. He was Chairman of Ariane Gold Corp. from August 2002 until its acquisition by Cambior Inc. in November 2003, and was a director of Palmarejo Silver and Gold Corporation until it was acquired by Coeur d’Alene Mines Corporation in December 2007. He was Chairman of Maximus Ventures Ltd. until its business combination with NFX Gold Inc. to form Bear Lake Gold Ltd. He holds the following positions with the following junior mining companies: Chairman and interim CEO of Bear Lake Gold Ltd.; Executive Chairman and director of Reunion Gold Corporation, Highland Copper Company Inc., Avala Resources Ltd., Dunav Resources Ltd. and Odyssey Resources Ltd.; and director of Sutter Gold Mining Inc. and Torex Gold Resources Inc. He is also a director of Major Drilling Group International Inc., a drilling services company.