Election of Directors

The board of directors consists of thirteen directors who are elected at the Annual Meeting to serve
until the next Annual Meeting or until their successors are elected or appointed. It is intended to vote the
proxies received pursuant to this solicitation for the election of the thirteen nominees whose names are set
out below. In the event that any vacancy occurs in the slate of nominees submitted herewith, which is not
anticipated, it is intended that the persons named in the accompanying instrument of proxy reserve the right
to vote for another person of their choice in place of the nominee who is unable to serve as a director. The

names and pertinent information with respect to each of the nominees for election as directors as reported by

each is shown below, including the year in which each nominee first became a director of the Company:

Number of

3 Shares
E Principal Occupation Beneficially
Proposed Nominees or Employment _ Director From ___ Owned
J. T. Adamson Chairman, James Hardie & Coy. — ==
Pty. Limited, Australia, an asbestos
manufacturing company.
Ralph M. Bateman Chairman of Turner & Newall April 22, 1965 1
Limited, an investment company. to December 16,
1966 and from
June 22, 1967
John G. Berry, General Manager of the Company. — 700
General Manager
John D. Christian President of the Company. May 6, 1963 1
President
Martin P. Connell Vice-President and Treasurer, “on- = =
Assist. Treasurer west Exploration Company Limited.
John Drybrough Chairman, Newmont Mining Cor- January 18, 1955 1
poration of Canada Limited.
Charles R. Elliott President of Conwest Exploration July 11, 1951 2,783
Vice-President and Company Limited.
Sec.-Treas.
D. W. Hills Director, Turner & Newall Lim- —- —
ited, an investment company.
Ian F. T. Kennedy Vice-President, Conwest Explora- —_ 39,350
tion Company Limited.
Plato Malozemoff President and Chairman, Newmont January 19, 1956 1
Mining Corporation.
William S. Simpson President, Chairman and Chief —- —
Executive Officer, Raybestos-Man-
hattan Inc, a manufacturing
company.
F. Parker Smith President and Managing Director, April 22, 1965 1
Bell Asbestos Mines Ltd.
George W. Smith Director, Consultant and formerly January 16, 1953 121

President of Bell Asbestos Mines
Limited.

To the knowledge of the Directors and Officers of the Company, the following nominee together
with associates as defined by the Securities Act, 1966 of the Province of Ontario, holds 10% or more of the

issued and outstanding shares of the company.

I. F. T. Kennedy

Associates:

Conwest Exploration Company Limited
Central Patricia Gold Mines Limited

39,350

950,100

145,000 695,100

734,450