Geology and Exploration

WAYNE TRUMBLE

Chairman

Mr Trumble is a senior board executive with 35 years of industry expertise in mining, electricity, investment and construction. For the twelve years as the Executive General Manager of Griffin Power Pty Ltd, Wayne led Griffin’s move from fuel supplier to electricity generator through the execution and operation of Griffin’s $1.2 billion Bluewaters coal-fired project, providing 436 MW of base load power in Western Australia. Mr Trumble has extensive project development and construction experience in WA including all aspects of regulatory, contractual and financing requirements. Mr Trumble was also the Managing Director of TransAlta Energy where he was responsible for the commissioning and operation of the 105MW Parkeston Power Station at Kalgoorlie and is currently a strategic energy advisor to Newmont Mining.

DON HYMA

Managing Director

Don has over 30 years of international mineral resource project development experience across several countries including Canada, Chile, New Caledonia and Australia. Don’s previous roles include Director Projects for Fortescue Metals Group, Technical Director at Mitsui & Co, Vice-President Projects for the Iron Ore Company of Canada and General Manager Projects for Rio Tinto Iron Ore and he held senior project management roles at Falconbridge Limited (now Glencore). Over the last two years, Don has been an advisor to the Caravel Board on the Caravel Copper Project feasibility studies and implementation strategies and most recently was Managing Director at Adelaide-based, ASX-listed Australian Rare Earths Limited. Mr Hyma holds a Bachelor of Science in Mining Engineering and a Master of Science in Mineral Processing along with an International Executive Management Diploma from INSEAD in France and Singapore. He is also a Fellow of the Australian Institute on Mining and Metallurgy (AusIMM).

ALASDAIR COOKE

Executive Director

Alasdair Cooke has more than 30 years of experience in the mining industry and over 15 years managing public resource companies. Alasdair is a qualified geologist with a track record of successful exploration and project development. He is a founding partner of Perth-based investment and technical services company Mitchell River Group (MRG). MRG has established a number of successful mining projects including greenfield mines in Australia, Africa and South America. Mr Cooke is the chairman of African Energy Resources Ltd and a director of EVE Investments.

RICHARD MONTI

Non-Executive Director

Mr Monti has a successful thirty-four-year career in the international mineral resource industry and brings to Caravel broad project development and corporate experience. Mr Monti is currently on the board of ASX-listed companies Alto Metals Limited, Black Dragon Gold Limited, Zinc of Ireland Limited and Pacifico Minerals Limited and is the principal of Terracognita supplying technical, commercial and corporate advice to resource industry companies.