Directors

Mr Tony Walsh BCom MBA CA
Chairman

Mr Walsh is a chartered accountant with over 20 years work experience with ASX and publicly listed companies where he has held positions as listings manager and company secretary and has experience in the areas of corporate regulation and capital raisings. He works for a number of public companies in the resource sector. Mr Walsh is a fellow of the Chartered Secretaries Australia, an Associate Member of the Institute of Chartered Accountants in Australia and the Securities Institute of Australia. Mr Walsh has been a director of Warwick Resources Limited but resigned on 25 June 2009. Other than the above Mr Walsh has not held a directorship in any other listed company in the past 3 years. Mr Walsh is also the company secretary at Atlas Iron Limited.

Mr Peter Benjamin BSc (Hons), Grad Dip (Exploration), (Bus Admin), GAICD, MAusIMM, AFAIM
Managing Director

Mr Benjamin is a geologist with over 30 years' experience in senior exploration, project, operational and executive management roles for both junior and mid-tier resources companies. These roles have included significant experience in the development and subsequent operations for open pit and underground precious, base metal and bulk mineral mines throughout Australia.

Mr Benjamin has been involved in managing and co-ordinating geology and development teams and activities across a range of diverse cultural and regulatory environments both in Australia and internationally. He has extensive experience in managing and implementing exploration strategies which have led to the successful and ongoing discovery and delineation of new mineral resources and ore reserves.

Most recently Mr Benjamin was with Iluka Resources Limited, where as General Manager, Exploration and Geology, he was responsible for the Iluka Exploration team, who are credited with discovering the "Jacinth-Ambrosia and Tripitaka" world class zircon deposits and, replacing the mineral resources base which underpins the ore reserves, annually, for Iluka's mineral sands projects.

Jeremy Sinclair B.Eng (Mining), MAusImm
Non-Executive Director

Jeremy Sinclair is the Chief Operating Officer of Atlas Iron Limited, a company which holds a substantial shareholding in Shaw River. He is a Mining Engineer with extensive experience in surface mining, having spent time consulting in mining and also working in operational roles in large scale operations mining nickel, iron ore and gold. He has key management experience and expertise in mine planning, production systems and operational execution.

Mr Michael Walters B.Eng (Hons)
Non-Executive Director

Mr Michael Walters has worked for a number of major mining companies including Billiton and Western Mining, in Australia and overseas. He has extensive knowledge of mining operations, marketing and trading, mineral commodity markets, and project finance and management. Of particular relevance is Mr Walters' experience as General Manager Marketing for manganese producer, Consolidated Minerals.