Dr. von Michaelis holds a Ph.D in Geochemistry from the University of Cape Town. Dr. von Michaelis was appointed as the Company's Lead Director on March 26, 2012. He spent two decades conducting multi-client surveys of innovations in extractive metallurgy of gold, silver and uranium. He has organized numerous international conferences on gold and silver extraction and recovery on global and Mexican mining opportunities. Dr. von Michaelis is a former director of Glamis Gold Ltd. and several other junior resource companies. He is currently President of Randol International Ltd., a company he founded in 1977 to provide business development services, mostly to the mining industry. Dr. von Michaelis also serves on the advisory board of Strathmore Minerals Corp. He has been successful in advancing HPGR technology acceptance by the mineral processing industry. Among other business development achievements was his introduction of the Mulatos gold project to Alamos Minerals Ltd. He is the author of numerous technical and mineral economic publications and has presented at numerous international conferences.

Mr. Clark joined Goldgroup as Controller and Treasurer in 2010 after serving as the interim Chief Financial Officer for publically-listed mining companies managed by Grosso Group Management including: Golden Arrow Resources, Golden Alliance Resources, Iron South Mining Corp. (formerly Panthera Exploration), Kobex Minerals (formerly IMA Exploration) and Blue Sky Uranium. These companies focused primarily on exploration properties in Argentina and Peru. Mr. Clark has worked solely in the mining sector since 2005. Mr. Clark articled with Mackay LLP Chartered Accountants where he obtained the Chartered Accountant designation and is a graduate of the British Columbia Institute of Technology where he received a Bachelor of Technology (Accounting).

Mr. Sullivan is a graduate geologist from Victoria University of Wellington, New Zealand and a member of the Australasian Institute of Mining and Metallurgy. He has twenty years of gold exploration experience in Australia, during which time he was instrumental in the discovery of the Mt. Leyshon gold deposit which subsequently produced in excess of 2.5m oz of gold. For the past ten years, Mr. Sullivan has worked in Mexico, Nevada, Arizona and Chile exploring for and assessing various gold projects, two of which he has helped put into production.

Mr. VanDoorselaere brings 17 years of mining experience with a diverse background in both open pit and underground operations in a variety of jurisdictions, including Canada, Australia, Ghana and Mexico. He provides extensive expertise in starting up new mines and streamlining existing operations.

Mr. VanDoorselaere has been with Goldgroup since May 2011 as Projects Manager, principally working on the design and permitting of the Caballo Blanco project. Prior to joining Goldroup Mr.VanDoorselaere worked as a Technical Services Manager with AuRico Gold Inc. at both its El Cubo and Ocampo operations in Mexico, as Mining Manager at Red Back Mining Inc.'s Akwaaba Deeps underground mine in Ghana, and has had operations and engineering roles in open pit and underground mines in both Australia and Canada for Norilsk Nickel Mining and Metallurgical Co., Inco Ltd., Placer Dome Canada Ltd., Orica Canada Ltd. and Consbec Inc. Mr. VanDoorselaere holds a Mining Engineering and Biology degree from Laurentian University.