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Peter Mullens

Director

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Biography

Peter was born in Victoria Australia and grew up in Melbourne Australia and is currently 56 years old. He attended Monash University from 1979 to 1983 when he graduated with a BSC Majoring in Geology. Following graduation Mullens worked for CRA at The Zinc Corporation Broken Hill as a Mine Geologist from 1983 until October 1986. From October 1986 until September 1994 Mullens worked for Mount Isa Mines initially at The Hilton Mine located outside of Mt Isa and then later on District Geology looking for extensions of the Mt Isa Ore system. During this time Mullens spent extensive time understanding the ore controls at both Hilton and Mt Isa and was project manager for a large drill out phase at the Hilton North prospect (George Fischer Mine) and completed Ore Reserve Calculations. He was also involved in exploration for Iron Oxide Copper Gold deposits in The Cloncurry area following the discovery of Ernest henry and Tick Hill Gold Mines in 1990. In 1994 following Mount Isa Mines acquisition of the Alumbrera project in Argentina, Mullens was transferred to Mendoza to set up MIM’s Exploration Office in Argentina. During this period Mullens acquired The Cerro Negro project for MIM, currently in production (Goldcorp), and completed a pre-feasibility study on the Barda Gonzales Copper project located in Neuquen. In early 1996 Mullens was seconded to The Dominican Republic to work on a potential acquisition of the giant Pueblo Viejo Gold Mine which at the time was muted to be privatised. During his time at Pueblo Viejo, he completed a resource review and drilled out the Tailings Dams. In 1996 Mullens left MIM after 10 years, to try his hand with Junior mining companies and worked for El Misti in Peru and following this South West Gold in China. While in China, Mullens was involved with the team that identified and acquired of the Chang Shan Ho Gold deposit, 5 million ounces Au, currently in production.

Following the Bre Ex scandal in 2007 Mullens moved to Peru to consult to the mining industry, where he commenced building a large data base of projects. Mullens worked for various companies in Peru from 1998 thru 2002 including Billiton Mining, Panoro Resources, Hebron Fjord, Savage Resources, Noranda Mining. In June 2002 as the gold price improved Mullens moved to Toronto Canada and commenced work with Laramide Resources and Aquiline Resources both of which were essentially shells without assets. At this time Mullens was the only employee for both Laramide and Aquiline. In late 2002 Mullens identified and acquired Newmont’s assets in Argentina which included the Calcatreu Gold deposit and a silver bleg anomaly which led to the discovery of the Navidad Silver project (Pan American Silver 700 million ounces Ag). Aquiline purchased Newmont’s assets in 2003 for US $ 2 million then sold the company in 2009 for CAD $ 626 million to Pan American Silver. During 2003 Mullens helped develop Laramide into a Uranium Development company as the price of Uranium was moving up. Following an extensive review of projects Laramide acquired an ex Rio Tinto project located in Queensland Australia (Westmoreland 51 million pounds U3O8) and Homestake’s Uranium assets located in The USA. During the subsequent Uranium bull market, Laramide enjoyed a spectacular run on the TSX Venture exchange and its share price increased from 7 cents in June 2002 to a peak of CAD $ 15.76 in early 2007. Laramide was judged the number 1 company on The TSX Venture exchange in 2005. In November 2005 Mullens and Tim Coughlin formed Lydian International, into which Tim vended a prospect with a large alteration system located in Armenia, Amulsar. During the following four years Tim discovered 5 million ounces of Gold at Amulsar and listed Lydian on The Toronto Stock Exchange. Amulsar is currently being developed as a large scale heap leach gold operation and will produce in excess of 200,000 Ounces of gold per year. Currently Peter is CEO of Tethyan Resources, an exploration company focussing on Serbia and dual-listed on the TSX Venture and AIM London Markets.