Execuitve VP & COO

Mr. Declan Costelloe serves as President of Celtic Mining, Ltd., an independent mining consulting firm. Mr. Costelloe is a chartered engineer (UK Engineering Council) and a mining geologist with over 20 years experience. During 2007, Mr. Costelloe served as Investment Manager with the Goldfish Fund, a Denver based private gold equity investment group. From 2003 to 2006, Mr. Costelloe served as an investment manager with Veneroso Associates Gold Advisors (“VAGA”), an investment company focused on the gold industry, prior to which he served as research director of VAGA from 2000 to 2003. Mr. Costelloe holds a B.Sc. in geology from University College, Galway, and a B.Sc. in mining geology from the University of Wales College Cardiff. Mr. Costelloe also currently serves as a director of U.S. Gold Corporation (TSX:UXG), Bravo Gold Corp (TSXV:BVG), and Alexandria Minerals Corporation (TSXV:AZX)

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