Directors & Chief Executive

Chairman - Nick Garling

Nick Garling worked in banking and broking for 21 years in areas concerning equity capital raising, asset disposal, structured derivatives and listed markets sales & trading. He worked with a Sydney legal practice Barraket Kemp & Strang for 4 years and studied law part-time. Following this, Nick changed direction and moved into the financial markets field working in Sydney for Fay Richwhite & FIMAT Societe Generale. He spent 10 years in the 90s/00s in Tokyo, Japan & Hong Kong SAR, China with UBS Warburg & Lehman Brothers where he was a Managing Director of UBS's Equity Markets Group and before that, a Managing Director of Lehman's Asia-Pacific Equity business. Nick is a substantial shareholder of MCO stock with direct and indirect holdings of ~36M shares or ~12.8% of the stock on issue. Nick works full-time in Morning Star's Sydney office with regular visits to operational areas. He joined the MCO Board in March 2007, becoming Chairman in 2010.

Chief Executive Officer - Mike Botting

Mike Botting is a mining engineer with over 25 years’ experience in Australian underground mining operations. He has significant experience relevant to the technical management role required at Morning Star’s narrow vein styled underground projects. Mike has held senior in-house positions and consulted in senior roles on gold projects with considerable parallels to the particular challenges at Morning Star. He has operated in a senior capacity on projects for WMC Resources, Bendigo Mining, Central Norseman, Beaconsfield, BHP Billiton, Newmont and Barrick. Mike is Melbourne based and will be spending much of his time over 2011-12 at MCO’s Woods Point based projects. Mike's role at Morning Star Gold is to run the overall production and exploration businesses and to solidify and build our technical management team as we focus on increasing our significant gold production and exploration opportunities in Victoria. Mike reports directly to MCO's Board of Directors.

Director - Dr. Peter Jackson

Peter Jackson has been the Director of Exploration and Geology for Morning Star for 6 years and a Board participant since early 2008. He has 25 years of extensive practical & technical experience in the Woods Point Dyke Swarm (the local geology surrounding Morning Star's eastern Victorian mining & exploration tenements). Peter lectured at Melbourne's La Trobe University for many years in economic geology and has co-authored scientific texts on the area of MCO's tenements, conducted scores of economic studies into the historic gold mines of eastern Victorian and the Lachlan Fold Belt. Peter has a wealth of experience in the Walhalla-Woods Point syncline, where MCO's tenements lie. Peter lived for many years on/off at Australia's Antarctic post and is based in Melbourne, often spending working weeks in Woods Point at the Morning Star Goldmine.

Non-Executive Directors

Mr. Noel Laidlaw (Independent)

Noel Laidlaw is a mining engineer with over 30 years of experience in narrow vein underground mining and also with relevant experience in gold processing operations and metallurgy. Until recently Noel was the State Mining Warden of Victoria. In this role for many years, Noel was the most senior independent statutory officer appointed by the Victorian Government to oversee mining disputes and regulatory issues in the State of Victoria and to assist the Minister and entities involved in mining in Victoria in administering the Mineral Resources (Sustainable Development) Act, 1990. Noel has significant experience relevant to MCO's growing projects in eastern Victoria in areas including project management and facilitation, stakeholder/tenements negotiation, knowledge of the MR(SD)A 1990 & the accompanying regulatory framework, project compliance, cost estimation of underground and open-cut mining operations & associated treatment plants, mine planning, budget preparation & cost control within mining operations and a very experienced player in occupational health and safety vis a vis mining & exploration projects. Noel is based in Maryborough, Victoria - an area which was at the epicentre of world gold output at one time - and is now known as the 'Golden Triangle'. He was raised not far from MCO's eastern Victorian operations and will be a regular visitor to Woods Point.