Laurence Marsland has 25 years of experience, including strong capability in management and precious metals project evaluation, development and implementation on an international level. He has responsibilities for the Toronto Stock Exchange listing, the expansion and development of the Company's mining and exploration activities in Eastern Europe.

Laurence Marsland spent a number of years with Minproc Limited in Australia and the USA. While working for Minproc one of his assignments was as Project Manager and Construction Manager for Newmont Mining Company's Yanacocha Gold Project in Northern Peru. His responsibilities included engineering, procurement and construction management for the 10,000 tons per day gold heap leach project, located at 4,100 meters in the Peruvian Andes. After leaving Minproc he joined Laguna Gold Company where he was the Chief Executive Officer, President and Director. He was responsible for day-to-day operations of the company, whose immediate goal was development of its Rio Chiquito Project in Costa Rica. Other responsibilities included identification and acquisition of additional mineral assets.

Laurence Marsland has got a Bachelor of Applied Science Degree in Mechanical Engineering from the Western Australia Institute of Technology, and a Master of Science Degree in Management from the Stanford University Graduate School of Business, USA. Mr. Marsland is a Fellow of the Institution of Engineers, Australia, a Registered Professional Engineer in the State of Colorado.