Management Team

Key Personnel

Enkhnasan Batmunkh - Country Development Manager

Batmunkh qualified with a BSc in Geology in 1998 from the Mongolian University of Science. He subsequently worked for a number of Mongolian and Western resource companies in Mongolia as an exploration and project geologist. During this period he gained experience of a broad range of mineralisation styles and settings including Cu-Au and Mo porphyry, high and low sulphidation epithermal mineralisation, Carlin type gold, intrusive related gold, PGE deposits, and various uranium systems. In June 2005 he joined Solomon Resources as their Country Manager responsible for managing all of their business and exploration programmes in Mongolia. He continued in this role until November 2009, when Solomon Resources closed their business in Mongolia.

Advisers

Two of the founding shareholders of Lotus Resources act as advisers to the Company.

Nigel Clark BSc

Nigel graduated with a BSc in Geology from Manchester University in 1971. He has over thirty years experience in new business development and management in the precious and base metals industry. His career started by working for Billiton in Brazil as an Exploration Geologist and later as an Exploration Manager in Portugal and Indonesia, as well as General Manager of both underground and open-pit gold mines in Indonesia, Business Development Manager in Singapore and ultimately as General Manager in China. During this period he set up and managed Billiton's entry into exploration and development in China, signed two major joint venture contracts and guided the development of Billiton's other businesses (coal, aluminium, marketing) in China. Nigel was until September 2009 Executive Chairman of Central China Goldfields Plc, where he remains a non-executive director.

Nigel worked as the Managing Director of the British Chamber of Commerce in China from 2002 to 2006 and is now their elected Chairman. He was the Chairman of the China International Mining Group, an informal association which promotes international interests in the mining industry in China, from 2004 to 2008.

Nigel has been resident in Beijing since 1997.

Robin Grayson

Robin graduated with a BSc in Geology and Zoology from Manchester University in 1970 and was later awarded an MSc for geological research. For 10 years he lectured in geology at Wigan Mining College and was an oil and geological consultant for more than 20 companies for oil and gas onshore exploration in the UK. Robin has lived in Mongolia since 1995 and has gained knowledge of the Mongolian business, political and cultural environment, particularly in the mining sector. He has conducted exploration in Mongolia for clients in gold, coal, fluorspar, tin and rare earths, and consultancy assignments for the World Bank on Mongolia's mining sector. He is a leading expert in placer (alluvial) gold exploration and mining in Mongolia.

Robin resides in Ulaanbaatar.