Republic of Guyana, South America.

Toroparu Gold-Copper Deposit - 4.3 M Ounces Gold, 353 MM lbs By-Product Copper

Sandspring Resources Ltd Management


& Directors.

Rich Munson , , B.A.,J.D., L.L.M. ,

CEO, Director

Mr. Munson has been active in the natural resources business for 30 years starting as a natural resources lawyer specializing in taxation. Mr. Munson joined the Energy Fuels companies owned by John R. Adams (Chairman of Sandspring) in 1985 and has worked with Mr. Adams since that time serving as an officer, director and general counsel for the Adams group. Mr. Adams and Mr. Munson formed ETK Inc. in 1999 to acquire the Toroparu Gold-Copper Project that is the key asset of Sandspring. Sandspring acquired ETK Inc. in November of 2009. Mr. Munson has been CEO and a director of Sandspring since that time.

Scott Issel , MBA ,

Chief Financial Officer

Mr. Issel completed a double major in Accounting and Finance from the University of Colorado and an MBA from the University of Notre Dame. He has previously served as an Investment Advisor with Merrill Lynch and as a portfolio manager with a private venture capital group in the United States. Mr. Issel joined Sandspring in May 2009 as the Controller of GoldHeart Investment Holdings Ltd., a subsidiary company of Sandspring and owner of the original Toroparu Gold-Copper Project in Guyana, South America through a Guyanese operating company, ETK Inc. Mr. Isselassisted in the reverse takeover transaction of Sandspring which served as the Company's Qualifying Transaction for listing on the TSX Venture Exchange.

Greg Barnes , , B.Sc., MBA ,
Executive Vice-President

Mr. Barnes has been associated with the Toroparu Gold-Copper Project for a number of years as a technical advisor and investor prior to completion of the Qualifying Transaction in November of 2009. Mr. Barnes has been involved in a number of privately held companies specializing in the trading, production, and investment in commodities in developing countries. Mr. Barnes holds a B.Sc. in Geological Sciences from the University of Texas at Austin and a M.Sc. in Economics from the London School of Economics. He is also the CEO and President of Hunter Energy LLC.

L. Werner Claessens , , Lic. Geo., P.Geo. ,
Vice President of Exploration

Mr. Claessens has been exploring for gold in West Africa for more than 30 years. He has experienced considerable success as an explorationist of greenstone hosted gold deposits for several European Union funded regional exploration programs and Etruscan Resources Ltd. Mr Claessen’s discoveries include several large greenstone hosted gold deposits such as Sadiola Hill in Burkina Faso, Morila in Mali, and the Samira Hill in Niger. Mr. Claessens holds a Degree in Geological and Mineralogical Sciences from the Catholic University of Leuven (KUL), Leuven, Belgium.

John R. Adams , ,
Chairman of the Board of Directors

Mr. Adams has over 30 years of experience in the mining business. He is the son of the late Robert W. Adams, one of the founders of the U.S. uranium industry. John Adams managed the family-owned company Energy Fuels Corporation, which developed and owned the largest coal mine in Colorado (4 million tons per year). He was also Chief Executive Officer of Energy Fuels Nuclear Inc., the largest producer of uranium in the U.S. (5 million lbs per year) during the 1980's and early 1990's. For over 10 years Mr. Adams has been developing the Toroparu Gold-Copper Deposit in Guyana, South America. In addition to his mining activities, Mr. Adams has been active in real estate development, banking, and cattle production. He formerly owned 40% of the Denver Broncos National Football League franchise. He resides on his family’s cattle ranch in Steamboat Springs, Colorado.

David Constable , , BSc, MBA, ICD.D ,
Independent Director

David Constable is a professional geologist who has more than 40 years of experience in mineral exploration, development and strategic investor relations throughout Canada and internationally. From 2002-10 he was Vice President Investor Relations for FNX Mining Company Inc. (FNX:TSX), retiring after the 2010 merger with Quadra Mining Ltd. (QUA:TSX) to create Quadra/FNX Mining Ltd. (QUX:TSX). Mr. Constable has a BSc (Hons.) from Mount Allison University in New Brunswick, an MBA (Hons.) from Sudbury's Laurentian University and possesses an ICD.D designation from the Institute of Canadian Directors.

Last changed at 29-Nov-2011 12:35PM