Vladimir Agapov

Chairman of the Board, Director

Mr. Agapov is the major shareholder of Rusoro and has been instrumental in dealing with the co-ordination of relations with the Venezuela government and its various ministries.

Andre Agapov

Chief Executive Officer, Director

Mr. Agapov was the founder of Grupo Agapov Corp. which was acquired by Rusoro in November 2006. He has been instrumental in the advancement of the Company's Venezuelan gold projects over the past five years and will continue to play an integral role as Rusoro's projects moves forward.

George Salamis

President, Director

Mr. Salamis has previously held senior management positions with well-established mining companies, most notably Placer Dome Inc. and Cameco Corporation. Mr. Salamis has over 20 years experience directing the exploration, development and mining operations of a number of gold, base metal and coal projects in many different regions of the world including Latin America.

Managemenrt

con't

Gary Warnecke
Position: Interim Chief Financial Officer

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Mr. Warnecke moved to Venezuela in 2006 to work with Grupo Agapov and was an essential part of the team that brought Grupo Agapov public as Rusoro Mining Ltd. More recently Mr. Warnecke has been working as Rusoro's Internal Auditor and will lead the transition team put in place to merge the Company's Venezuelan operations since the acquisition of Gold Fields Venezuelan assets. Mr. Warnecke is a U.S. CPA.

Matias Herrero
Position: Vice President Finance

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Mr. Herrero is a U.S. CPA and a former audit manager with Pricewaterhousecoopers (PwC). At PwC he worked in the mining division working with Canadian mining companies operating in Latin America. Mr. Herrero is fluent in Spanish and his very strong compliance and financial reporting background will play a leading role in coordinating Rusoro's Venezuelan and Canadian financial departments.

Jose Manuel Rodriguez
Position: Venezuelan General Manager

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Formerly with state owned gold miner CVG Minerven.

Gregory Smith, PGeo
Position: Vice President Exploration

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Formerly Exploration Manager for Mena Resources Inc., Greg has 14 years of experience working in Venezuela including the delineation of more than three million ounces of gold.

Jay Kaplowitz
Position: Director

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Mr. Kaplowitz is a founding partner of Gersten Savage LLP, a law firm specializing in corporate, banking and securities law.

Abraham Stein
Position: Director

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Mr. Stein was most recently an investment banker at Bear Stearns specalizing in large cap mergers and acquisitions.

Dmitry Ushakov
Position: Director

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Mr. Ushakov is a former director of Interros, a major Russian private investment company with assets of $30 billion. The Group's companies operate throughout Russia, Europe, Asia, and North America.

John Reynolds
Position: Director

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Mr. Reynolds has served as both an MLA in British Columbia and as a member of parliament in Ottawa. He is currently a member of the Queen's Privy Council for Canada and a senior strategic adviser for the law firm Lang Michener LLC.

Peter Hediger
Position: Director

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Mr. Hediger has held the position of CEO of a fully licensed Swiss Bank till end of 2007 and previously various senior management positions with well established international Banks and financial institutions. Mr. Hediger has over 22 years experience in international banking focusing on corporate finance, trading and portfolio management. Today Mr. Hediger is acting as independent consultant for individuals and corporations.

Gordon Keep
Position: Director

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Mr. Keep is the Executive VP of Fiore Financial who are the exclusive advisors to Endeavour Financial, and a director of several public companies. He is a former senior vice-president of Lions Gate Entertainment and former vice-president of corporate finance of Yorkton Securities.

Advisory

Board

Yuriy Safonov,
Mr. Safonov, Ph.D has been a Professor of Geology-Mineralogy Sciences at the Russian Academy of Mineral Sciences in Moscow since 1991 and is a member of the International Association on Genesis of Ore Deposits (IAGOD). He has more than 40 years of experience in the study of gold-ore deposits, specifically in the field of endogenous gold deposits in all regions of the world and has had more than 200 scientific papers published.

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Boris Bogatyrev,
Mr. Bogatyrev graduated as an Engineer-Geologist from the Moscow State Institute of Nonferrous Metals and Gold, specializing in the study of the geology and exploration of rare and radioactive ores. He is currently the Senior Scientist at the Institute of Ore Deposits Geology, Petrography, Mineralogy and Geochemistry at the Russian Academy of Sciences. Mr. Bogatyrev has had more than 200 scientific paper published, including 9 monographs.

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Yury Maltsev,
Mr Maltsev currently works with the Ministry for Foreign Affairs of Russia and was the Science Adviser to the Russian representatives of the United Nations Organization in New York from 1992-1997. He is a graduate of, the Diplomatic Academy of Ministry for Foreign Affairs of Russia (1984), the All-Union Academy of Foreign Commerce, as an Economist of Foreign Commerce (1975) and the Irkutsk Polytechnic Institute as an Aviation Engineer (1966).

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Roman Amosov,
Since 1998, Mr. Amosov has been working at the Center of Expert Systems of Technological Audit of Subsoil-Usage (Moscow), where he is their leading specialist. He graduated from the Moscow State Institute of Nonferrous Metals and Gold in 1962 specializing in, geology and exploration of rare and radioactive ores. His main area of research has been, ore geology, exploration, mineralogical research and technical testing of soil and placers of gold and silver deposits. Mr. Amosov has been published more than 130 times in his career.