Centre for Exploration Targeting

GOVERNANCE

Governance and Industry Input

The CET Board is responsible for overall strategy, approval of annual budgets, and for monitoring technical and financial performance. Its governance practices and fiduciary responsibilities follow those of an incorporated entity, even though CET is an unincorporated joint venture. Senior industry representatives make up the majority of the Board and the External Advisory Group (EAG). The EAG provides essential external advice on research priorities and projects, and feedback on research outputs.

The CET Board

The Centre has been established as an unincorporated joint venture; however the governance practices and fiduciary responsibilities are largely consistent with those of an incorporated body.

The Board is responsible for the Centre's mission, objectives and strategic directions; including technical and financial performance and risk management. During the formative phase of the Centre's operations the Board will be meeting on a quarterly basis.

Dr Jon Hronsky, Western Mining Services

Mr Martin Pyle

Ms Lynda Daley, Newmont Asia Pacific

Mr Ian Sandl, Teck Cominco Australia

Mr Michael Dopel, Sipa Resources International NL

Mr Duncan Gibbs, AngloGold Ashanti Australia Limited

Mr Peter Buck

Mr Ian Willis, Anglo American Exploration (Aust)

Prof Tony O'Donnell, Dean, FNAS, UWA

Prof T. Campbell (Cam) McCuaig, CET

Prof Lyn Abbott, HOS SEE, UWA

Prof Graeme Wright, Dean Graduate Studies, Curtin University of Technology

Prof Paul Dunn, WASM, Curtin University

Mr Heath Nelson, (Executive Officer), CET

The CET External Advisory Group

The External Advisory Group has been established to provide essential advice on research priorities and projects, and feedback on research outputs of the Centre. Importantly, membership of the Group is drawn from the mineral exploration sector.

The Group reports to the Board and has overall responsibility for reviewing the research strategy of CET in terms of overall direction, geographical and technical areas of focus, project design and planned deliverables on behalf of the Board. In reviewing these items, the Group ensures that the overall strategy is in line with the CET’s mission, vision, statement and objectives.

The External Advisory Group currently meets 3 times per annum.

Dr Jon Hronsky (Chair), Western Mining Services

Mr Dave Lawie, IO Global

Dr Graeme Broadbent, Rio Tinto

Mr Howard Golden, EGM Global Development

Prof T. Campbell (Cam) McCuaig, CET

Dr Chris Yeates, CSIRO

Mr Rex Bromeeker, Barrick Gold of Australia Ltd

Dr Joe Knight, BHP Billiton

Dr Steve Garwin

Mr Ed Baltis, GoldFields Australia

Mr John Vann, Qauntitative Group

Mr Barry Bourne, Barrick Gold of Australia Ltd

Dr Ian Tyler, GSWA

Mr Heath Nelson, (Executive Officer), CET

Finance Risk Commercialisation Group

This Committee is accountable for the strategic management of financial, risk and commercialisation activities of the Centre. The Finance, Risk and Commercialisation

Committee reports to the Board of the CET and makes recommendations for the Board’s review and endorsement. The Finance Risk and Commercialisation Committee currently meet on a quarterly basis.

Mr Martin Pyle (Chair)

Dr Jon Hronsky, Western mining Services

Mr Peter Buck, Breakaway Resources Pty Ltd

Prof T. Campbell (Cam) McCuaig, CET

Mr Heath Nelson, (Executive Officer), CET