Directors & Management

Mike Young

Chairman

Mr Young is a founding director of BC Iron Limited (“BCI”) and played an integral role in bringing the Company to its current position as a significant iron ore producer. Mr Young, successfully steered BCI through the first stage exploration, definition of resources, managed the feasibility study, negotiated development agreements with Fortescue Metals Group Limited and ultimately achieved profitable production of iron ore. Mr Young will step down as the managing director of BC Iron on 10 May 2013, but will remain on the board as a non-executive director.

Mr Young is a geologist and a graduate of Queens University, Canada with a Bachelor of Science (Honours) degree in Geological Sciences. His experience includes base metals, iron ore, uranium and gold. Mr Young's experience has a strong focus on mine-camp exploration, resource definition, and mine development. Mr Young was a founding director of uranium developer Bannerman Resources Limited and he has been the non-executive Chairman of Cassini Resource Limited since August 2011.

Having been born and educated in Canada, Mr Young has a strong affinity with uranium exploration and development. During his university years, he worked at Eldorado Nuclear’s (now Cameco) Beaverlodge Uranium mine in Northern Saskatchewan. After graduating, he spent two winters in Northern Saskatchewan with Lamontange Geophysics carrying out UTEM surveys. He was on the field crew that discovered the McArthur River uranium deposit in the late 1980s.

Julian Tapp

Chief Executive Officer and Executive Director

Mr Tapp commenced work at Fortescue Metals Group at the beginning of 2004 just as the company was being developed and quickly became Head of Government Relations, with special responsibility for expediting approvals. His last position was as Director of Strategy, before leaving last September after 8 ½ years with Fortescue. He is currently a Non-Executive Director with the Port Hedland Port Authority. Mr Tapp was trained as an economist and lectured at a number of Universities, including the London School of Economics, before becoming a forecasting consultant to the automotive industry. He subsequently worked for Ford of Europe as its Chief Economist and as an economist for BP and then BAeSystems and its then subsidiary the Rover Group. Whilst at BAeSystems he transitioned into a commercial role becoming a Director of New Business Development for the Middle East.

Shane McBride

Chief Financial Officer and Company Secretary

Mr McBride’s career has focussed on mid-tier exploration, development and mining companies in Australia, specifically in Western Australia, Northern Territory and Queensland in a range of commodities including gold, manganese, copper and uranium. He was the managing director of an ASX listed mining company which acquired and refurbished an SXEW Copper Cathode Production facility in Queensland, Australia, expanded the production capacity of that facility and went on to achieve production at the upgraded plant’s name plate capacity.

Mr McBride has 28 years of commercial management experience gained in listed Australian companies incorporating the disciplines of corporate management, project development and mine site operations management, corporate finance, management and financial accounting and company secretarial functions.

Mr McBride has a BBus (Acct) degree, is a Fellow of CPA Australia, Fellow of Chartered Secretaries Australia and the Institute of Chartered Secretaries and Administrators, Member of the Australian Institute of Directors and a member of the WA Mining Club.