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Mr. Loucks became president and chief executive officer of the Company in June, 2004 and a member of the board in August 2004. He worked as an independent consultant to junior mining and other resource companies from July 2000 until joining the Company. From 1991 until June, 2000 he was the executive vice president and treasurer at Royal Gold, Inc. From August 1988 until 1991, Mr. Loucks was Vice President of Corporate Development of Royal Gold. From August 1985 until August 1988, Mr. Loucks was a business development analyst with Newmont Mining Company. Mr. Loucks is a director of Platinum Diversified Mining, Inc., and a member of the Society of Economic Geologists, Inc. and the Society of Economic Geologists Foundation, Inc. He holds a B.A. and an M.A. in geology from Dartmouth College and an M.B.A. from Stanford University. | 