BOARD OF DIRECTORS

Henry Neugebauer

HENRY NEUGEBAUER

Director

Mr. Neugebauer is President and CEO of Prospectors Consolidated Resources Inc. He also is an experienced exploration geologist with more than forty years of experience in base metal, gold and uranium exploration and development. He was an exploration manager for Chevron Resources Inc. (a subsidiary of Chevron Corporation) in the United States, Europe, and Africa and thus brings extensive experience in exploration, project evaluation, and mine development to ARNEVUT. Mr. Neugebauer has been President, Director and technical advisor to several TSX Venture Exchange companies. He was involved in the discovery and eventual sale of Mar West’s San Martin gold deposit in Honduras to Glamis Gold for in excess of $40 million. Mr. Neugebauer has a M.Sc. in Geology from the University of Oregon and an M.B.A. from Simon Fraser University in British Columbia.