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ASX code CDT

Directors & Management

Directors

Michael Ashforth – Chairman

Michael Ashforth is an Executive Director of Macquarie Capital. He was formerly a Managing Director of Gresham Advisory Partners. Mr Ashforth has advised on a wide range of mergers and acquisitions transactions for Australian and international clients across a wide range of industry sectors and has extensive experience in transactions across the resources sector. Mr Ashforth is also Non-Executive Chairman of ASX listed Cradle Resources Limited.

Mr Ashforth was appointed as a director of Castle Minerals on 5 September 2005.

Michael Ivey – Managing Director and Chief Executive Officer

Michael Ivey has been involved in the mineral exploration industry in Western Australia for 20 years since graduating from Curtin University in 1985 with a Bachelor of Applied Science majoring in geology. On graduating, he worked as an Exploration Geologist exploring for gold with Forrest Gold Pty Ltd (CRA) in the Murchison and Eastern Goldfields Regions of Western Australia.

In 1986 Mr Ivey joined Croesus Mining NL as exploration and mine geologist at the Hannan South gold mine south of Kalgoorlie. Over the ensuing 18 years with Croesus, Michael held the positions of Chief Geologist, Exploration Manager and General Manager before becoming Managing Director and Chief Executive Officer in 1997. He led the discovery of the suite of Binduli gold deposits (+1 million ounces) and was responsible for the acquisition and development of the 100,000 ounce per annum Davyhurst Project and the merger with Central Norseman Gold Corporation. Under his stewardship Croesus was awarded the Australian Gold Council, Gold Company of the Year in 2003. Michael was awarded the 2002 Mining Executive of the Year by Gold Mining Journal.

Michael will be responsible for the management of the Castle Minerals’ strategic direction, exploration activities and ongoing project generation.

Mr Ivey was appointed Chairman and Managing Director of Castle Minerals on 5 September 2005.

Email Michael Ivey

Campbell Ansell – Non Executive Director

Campbell Ansell is a Chartered Accountant who is also chairman of Holtwest audit committee. Previous directorships include De Grey Mining Ltd, Dragon Mining N.L, Azure Minerals Ltd and Universal Resources Ltd. He is a non-executive director of several other successful business operations and has had a long term involvement with the resources sector and several government and semi government boards.

Mr Ansell was appointed as a director of Castle Minerals on 5 September 2005.

Haydn Hadlow – Exploration Manager

Haydn Hadlow is a geologist with more than 25 years Australian and international gold exploration and resource management experience having previously held senior roles with IAMGOLD Corporation, Placer Dome Asia Pacific and Pancontinental Limited.

Haydn’s qualifications include a BSc (Geology) and MSc (Economic Geology) from the University of Western Australia and he is a Member of the AusIMM and AIG.

Email Haydn Hadlow

Company Secretary

Desmond Kelly – Company Secretary

Des Kelly has over 30 years financial and corporate management experience focused mainly in the resources sector. He was Dominion Mining’s Group Chief Accountant, between 1994 and 1998 and then held the roles of Finance Director and Managing Director of Horizon Mining NL before establishing his own corporate management consulting business. Mr Kelly now provides corporate and administration management expertise to a number of publicly listed companies.

He is a CPA, Member of CPA Australia and Member of the Australian Institute of Company Directors. Mr. Kelly has a Bachelor of Commerce Degree from the University of Western Australia.

Mr Kelly was appointed Company Secretary on 4 July 2011.