Peter Akerley is President, Chief Executive Officer and Director of Erdene Resource Development Corp. since March 2003. Mr. Akerley has 25 years of experience in the mining and mineral exploration business carrying out precious and base metal exploration in Canada, the United States, Mexico, Guyana, Mongolia and the Philippines as well as extensive work with the Rio Tinto Group of companies involved in North American industrial mineral exploration and project development. Mr. Akerley has also been President of BRM Exploration Ltd., a mineral exploration consulting company providing geologic exploration and managerial services to junior and senior exploration and mining companies globally. Mr. Akerley holds a B.Sc. (Geology) from Saint Mary's University in Halifax.

Mr. Campbell was appointed as President and Chief Executive Officer in October 2005, having previously held the offices of Vice-President, Exploration (2002-2005) and Executive Vice-President (2005) of Temex and has been a Director of Temex since 2001. Mr. Campbell has 30 years of experience in the junior mining sector, and has been directly involved in the acquisition, exploration and financing of the company's precious metal portfolio. Prior to Temex, he held lead roles in the acquisition and exploration of numerous advanced precious and base metals projects in Canada and led the team that discovered the extension of the Goldstream Mine in British Columbia which was subsequently mined by Imperial Metals. Mr. Campbell has extensive experience liaising with First Nation groups in Ontario including the successful signing of a Memorandum of Understanding in (1999). He served a four year term on the Ontario Geological Survey Technical Committee, acting as Chair for a one year term during the $29 million Operation Treasure Hunt (1998-2001), in which he represented junior mining companies operating in Ontario on behalf of the Prospectors and Developers Association of Canada. Mr. Campbell is a graduate of Lakehead University (B.Sc. Geology, 1982), and is a member of the Association of Professional Geoscientists of Ontario (2002).

Bruce Durham is President, Chief Executive Officer and a Director of Goldspike Exploration Inc. Mr. Durham is also a director of other early stage exploration companies. A graduate of the University of Western Ontario (B.Sc Geology), Mr. Durham has worked in mineral exploration for more than 35 years in various positions with junior mining companies exploring primarily for precious and base metal deposits in Ontario and Quebec, but also with companies exploring across Canada, in the United States, and in Africa. Mr. Durham has been an integral member or leader of various exploration teams credited with the discovery or definition of several significant mineral deposits including the David Bell and Golden Giant mines in Hemlo, and the Lake Shore Gold Corp.'s Bell Creek mines in Timmins. He was also an integral member of the team at Canadian Royalties Inc. where he held various positions including President and CEO prior to the project being sold to Chinese interests Mr. Durham is a member of the Association of Professional Geoscientists of Ontario.