Dr. Charles Fipke

Chairman of the Board

Executive Chairman: Dr. Charles Fipke
On June 10, 2002 the Company appointed Charles Fipke as a director and chairman of the Company. Mr Fipke received an honours degree in Geology from the University of British Columbia in 1970 and was awarded an honourary Doctorate of Technology from Okanagan University College. He worked as an exploration and research geologist for Kennicott Copper in New Guinea, Samedan Minerals in Australia, Johannesburg Consolidated Investments ("JCI"), in South Africa and Cominco in Canada and Brazil. In 1977 he founded CF Mineral Research, which is amongst the leading heavy mineral and diamond exploration research laboratories in the world. For the past 25 years he has been involved in heavy mineral exploration projects for diamonds as well as base and precious metals worldwide. In 1984 he founded Dia-Met Minerals Ltd. and Cantex Mine Development Corporation in 1996. As Chairman of both companies, he has led his teams using his patented and proprietary heavy mineral technologies to discover the Ekati Diamond Mine in the Northwest Territories as well as three large copper-nickel-platinum deposits and two significant gold deposits in Yemen. He has been the author and co-author of several publications on diamond exploration worldwide including the first publication on Diamond Exploration published by the Geological Survey of Canada.

Chad Ulansky B.Sc

President and Chief Executive Officer

Mr. Ulansky commenced his career 17 years ago working for Dia Met Minerals Ltd. on the project which yielded the Ekati diamond mine. Since then Mr. Ulansky has led exploration programs in over 15 countries on four continents and is currently president of Cantex Mine Development Corp. Mr. Ulansky is also a graduate of the University of Cape Town.

Keiven Bauer, CMA

Chief Operating Officer

Prior to his association with Metalex in 2006, Mr. Bauer has had a diverse career in Financial and General Management in the manufacturing and distribution industries. He most recently held the position of CFO for a large distribution company with Head Office in California. He holds a Bachelor of Commerce degree from the University of Calgary and is a Certified Management Account (BC).

Chris Sammartino, CGA

Chief Financial Officer and Secretary

Mr. Sammartino graduated from of the University of Lethbridge with a Bachelor of Management degree and began his accounting career in the coal mining industry. Prior to joining Metalex in 2005, Mr. Sammartino held the position of Senior Accountant with Elk Valley Coal Corporation (and previously Luscar Ltd) while working at their mine site operations in both Alberta and British Columbia.

Lorie Waisberg LLP

Director

On July 3, 2003 the Company announced the apointment of Lorie Waisberg to its board of directors. Prior to retirement, Mr. Waisberg was Executive Vice President Finance and Administration, Co-Steel., a steel manufacturer and prior thereto was a senior business law partner with Goodmans LLP. Mr. Waisberg is a director of the following TSX listed companies: Chemtrade Logistics, Keystone North America, Primary Energy Recycling and Tembec Inc.

Chief Glenn Nolan

Director

Glenn Nolan is welcomed to the board and the Company values his extensive experience in generating mutually beneficial relationships between First Nations and the mining industry. Current chief of the Missanabie First Nation, Nolan began his career in the mid seventies, prospecting throughout northern and western Canada prior to starting his own company which performed exploration work such as geophysical surveys, claim staking and camp management. He has previously been contracted by the Canadian government to assist with the presentation of the Mining Tool Kit to communities affected by mining in Peru and Brazil.

Chief Nolan was recently awarded the Distinguished Lecturer award of the CIM and is the second Vice President of the Prospectors and Developers Association of Canada.

Frank Estergaard, CA

Senior Accounting Advisor

Mr. Estergaard is a chartered accountant and was a partner in KPMG until his retirement in 2001. With KPMG's offices in Vancouver, Vernon and Kelowna, Mr. Estergaard served public and private companies in a broad range of industries, providing primarily audit, taxation and business advisory services. Mr. Estergaard also served on KPMG's partnership board and management committee during his term as vice-chairman for Ontario region, based in Ottawa. Following his retirement from KPMG, Mr. Estergaard has provided consulting services to several high-tech and resource-based companies. Mr. Estergaard is currently a director and chairman of the audit committee for QHR Technologies, a TSX Venture Exchange-listed company, a director of Okanagan Capital Fund (VCC) and a director of several private development-stage companies.