People: Mariana Resources Ltd (MRRE.L)

MRRE.L on London Stock Exchange

1.77GBp
20 May 2013
Price Change (% chg)

-0.05p (-2.74%)
Prev Close
1.83p
Open
1.83p
Day's High
1.75p
Day's Low
1.52p
Volume
324,377
Avg. Vol
955,839
52-wk High
9.00p
52-wk Low
1.25p

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Summary

Name Age Since Current Position

John Horsburgh

66 2013 Non-Executive Chairman of the Board

Glen Parsons

46 2013 Chief Executive Officer, Executive Director

Sharon Cooper

2013 Chief Financial Officer

Randy Turner

63 2010 Non-Executive Director

J. Christopher Mitchell

71 2011 Independent Non-Executive Director

Eric Roth

46 2012 Non-Executive Independent Director

Biographies

Name Description

John Horsburgh

Mr. John Robert Horsburgh, ARSM, MSc, DIC, FAIMM., has been appointed as Non-Executive Chairman of the Board of Mariana Resources Ltd., effective February 5, 2013. He is a graduate of the Royal School of Mines, is a geologist with more than 30 years’ experience in exploration, project development and company management. He was a co-founder of Solomon Pacific Resources NL which achieved success with the discovery and development of the Brocks Creek gold mine in the Northern Territory in Australia. As Executive Chairman he was involved in the acquisition, exploration and financing of the project. Prior to this he was Exploration Manager for SE Australia with Getty Oil Development (minerals division). Before Getty, John gained exploration experience with Billiton and the RTZ Group in Australia, South America and Europe. He is a director and co-founder of Cullen Resources Ltd.

Glen Parsons

Mr. Glen Parsons, CASA, B Com Economics, is Chief Executive Officer, Executive Director of Mariana Resources Ltd. He has been appointed as Chief Executive Officer of the Company effective February 5, 2013. He is a qualified Chartered Accountant with an Honours degree in Accounting Science and a Bachelor of Commerce degree in Economics. Glen Parsons has over 20 years international experience in corporate finance, treasury, operational and general management. His most recent role was as Chief Financial Officer and Corporate Development of Neptune Minerals Plc. He has built new profitable businesses and divisions within both and small organisations. Glen was an executive director of RFC Corporate Finance Ltd, a specialist minerals resources investment bank and fund manager. Duties included corporate finance mandates which included mergers and acquisitions, strategic advice, mineral project assessment and capital raisings. He has specific LSEAIM experience and has been involved with a number of equity and debt raisings for junior and developing mining companies.

Sharon Cooper

Randy Turner

Mr. Randy C. Turner, B.Sc., P.Geo., is a Non-Executive Director of Mariana Resources Ltd. Randy Turner is a Vancouver based geologist with over forty years’ experience in the Canadian and international mineral exploration, financing and business arena. He is currently President and CEO of Independence Gold Corp (TSX-V: IGO), a gold and silver exploration company focussed in Canada. Amongst many other achievements, he was instrumental in guiding Winspear Diamonds Inc. from the discovery of the Snap Lake diamond deposit in northern Canada through to its sale to the De Beers Canada Mining Corp. for C$305 million in 2000. Furthermore, earlier in his career, as president of Trimin Resources Ltd, Mr Turner was involved in the development and sale of the McIlvenna Bay copper/zinc deposit in Saskatchewan, Canada. Prior to his time running junior exploration companies, Mr Turner spent 20 years as a geologist with Esso Minerals Canada and AGIP Mining Ltd exploring for uranium, gold and base metals in Canada, Australia and the United States.

J. Christopher Mitchell

Mr. J. Christopher Mitchell, B.Sc., MBA (Finance), P.Eng, CIMM, is Independent Non-Executive Director of Mariana Resources Ltd. Chris Mitchell is a Vancouver based financial advisor to listed companies active in the mineral exploration and production arena. He currently serves as Chief Financial Officer of several TSX Venture Exchange listed companies and as a non-executive director of three junior minerals exploration companies listed on the TSX Venture Exchange. He is also principal of Adera Company Management Inc., a private consulting company which provides financial and administrative management services to smaller public companies.

Eric Roth

Dr. Eric Roth has been appointed as Non-Executive Independent Director of Mariana Resources Ltd., effective October 8, 2012. Dr. Roth was most-recently President & CEO and then Director of Extorre Gold Mines Ltd ("Extorre") until Extorre was acquired by Yamana Gold Inc in June 2012. Prior to Extorre, Eric was engaged as a consultant on South American gold projects for Exeter Resource Corp. and Kinross Gold Corp. From January 2002 to March 2008 Dr. Roth was employed by AngloGold Ashanti Ltd, initially as the Lima-based Peru Project and South American Opportunities Manager and subsequently as the Johannesburg-based Global Head of Greenfields Exploration. Eric has a PhD in Economic Geology from the University of Western Australia and is a Fellow of the AusIMM. He is also principal of consulting firm ER Global Consulting SpA. He has also been appointed as a member of Audit Committee.

Basic Compensation

Name Fiscal Year Total

John Horsburgh

298,943

Glen Parsons

284,925

Sharon Cooper

--

Randy Turner

--

J. Christopher Mitchell

--

Eric Roth

--
As Of 30 Dec 2011

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