Queensland Mining Corporation Limited

Board and Management

David Usasz B. Com, FCA Non-Executive Chairman

David Usasz is a recently retired partner of Pricewaterhouse Coopers, 1977-2007, after 20 years as a partner in the Corporate Finance division focusing on Tax and Mergers & Acquisitions. He has been a registered tax agent for more than 25 years, worked in Hong Kong for 3 years and worked extensively with Japanese and Chinese investors in Australia. David is a board member of ASX listed Cromwell Corporation Limited and was previously a director of the Australian Rugby Union Limited (2005-2007).

Howard V Renshaw Managing Director

Howard Renshaw founded the Company on 8 July 2004 and has been active in building the Company’s business plan and securing the opportunities presented in this Prospectus. During the period 1997-2004, Howard acted corporately for international companies in U.S.A. and Canada in Mining, Oil and Gas, later as Chief Executive Officer and Chief Financial Officer. Howard has extensive experience in Corporate and Capital Markets, funding of Mining, Oil and Gas mergers and acquisitions, feasibility studies for major mining projects. He has been appointed by governments for major restructuring of infrastructure and operations at ports, rail lines, railways and related industries. Howard produced the prefeasibility study for the Burton Downs Coalmine, Goonyella, Queensland then he was subsequently appointed the Project Negotiator. He has raised capital for numerous Australian mining companies to assist in their operations and development.

Richard Hill B. Com, FCA Company Secretary

Richard is a senior partner of DFK-Richard Hill, Chartered Accountants and Business Advisory Services. His firm has extensive expertise in the resources sector and currently provides audit / advisory services to seven listed Australian companies. Richard is past Chairman and Chief Executive of Carpenter Pacific Resources NL, a listed gold exploration company with extensive exploration interests in PNG.

Dr Guojian Xu - General Manager, Exploration and Business Development

Guojian Xu has more than 20 years experience in Australian and international mining, including technical and senior management roles with QMC, Xstrata, Sparton Resources and Queensland Epithermal Gold.

Dr Xu holds a Master of Science in Economic Geology from the China University of Geosciences and a PhD from James Cook University. He has in-depth knowledge of exploration techniques and extensive experience in mineral resources in Australia, particularly Mt Isa, as well as in China and Papua New Guinea.

He is a Member of the Australasian Institute of Mining and Metallurgy and a Fellow of the Society of Economic Geologists.