Directors and Management

BOARD OF DIRECTORS

CHAIRMAN

Robert Besley

Robert Besley is a Director of KBL Mining Limited (ASX:KBL) and Chairman of Silver City Minerals Ltd (ASX:SCI) and has more than 40 years’ experience in the mining industry. Mr Besley has served in a number of Government advisory roles including several years as Deputy Chairman of the NSW Minerals Council. He holds a BSc (Hons) in Economic Geology from the University of Adelaide and he is a Member of the Australian Institute of Geoscientists. He managed the creation, listing and operation of two successful mining companies; CBH Resources Limited which he led as Managing Director from a small exploration company to Australia’s 4th largest zinc producer; and Australmin Holdings Limited (acquired by Newcrest) which brought into production a gold mine in WA and mineral sands mine in NSW. More recently he was a founding Director of KBL Mining Limited which operates the Mineral Hill copper-gold mine in NSW, is Chairman of Silver City Minerals Limited, which is actively exploring for silver-lead-zinc in the Broken Hill District and has been a Non-Executive Director of Murray Zircon from commencement of development and production from the Mindarie Mineral Sands Project. Prior to this Mr Besley’s early career was involved in the exploration and development of mineral deposits for Unocal’s (now Chevron) mineral activities in S.E. Asia, North America, Latin America, Australia and the Pacific. His activities have covered projects in precious metals, base metals, ferroalloys, mineral sands, speciality metals, uranium and coal. Through his corporate management roles Mr Besley has played a central role in project and corporate financing covering a wide range of capital structures as well as acquisitions, mergers and asset sales.

MANAGING DIRECTOR

Patrick Mutz

Patrick Mutz has more than thirty years of international mining industry experience in technical (metallurgist), managerial, consulting and executive roles in all aspects of the industry from exploration through project development, mining and mine rehabilitation. He has operational experience in open cut, underground, and in-situ mining and related processing, on projects in the USA, Germany, Africa and Australia. Since his arrival in Australia from the USA in 1998, he has served as CEO / Managing Director of a number of publicly listed and private mining companies based in South Australia, Victoria and Western Australia, primarily involved with project development and company transitioning from exploration to production. Mr Mutz is a Fellow of the AusIMM and a member of the Australian Institute of Company Directors. He holds a Bachelor of Science (Honours) and an MBA from the University of Phoenix in the US. Patrick joined Murray Zircon as a senior advisor in early 2012 and served as its Chief Operating Officer during the pivotal transition period from development to operational status in the latter part of 2012. In February 2013 he was invited to take on the role as CEO and to lead the company on its goal of becoming South Australia’s newest mineral sands mining company.

EXECUTIVE DIRECTOR - EXPLORATION

George Sakalidis

George Sakalidis is an exploration geophysicist with over 30 years’ industry experience. His career has included extensive gold, diamond, base metals and mineral sands exploration. Mr Sakalidis has been involved in a number of significant mineral discoveries, including the Three Rivers and Rose gold deposits, the Dongara Mineral Sands Deposits, the Boonanarring-Gingin South-Helene Mineral Sands Deposits in Western Australia and he was involved in the tenement applications over the Silver Swan nickel deposit. He was also involved with the tenement application for the recently discovered Monty Copper mineralisation adjacent to the Degrussa Copper deposit. He is a founding Director and is currently an Executive Director of Image (since listing on 4 July 2002) and Meteoric Resources NL (since listing on 16 July 2004). Mr Sakalidis has also been a founding director of ASX listed companies Emu NL, Magnetic Minerals Limited (taken over by Ticor in 2003), Magnetic Resources NL and Potash West NL.

NON-EXECUTIVE DIRECTOR

Chong Veoy (Aaron) Soo

Mr Soo has been a long term supporter and shareholder in Image. Mr Soo is an advocate and solicitor practising in West Malaysia with 16 years of experience in legal practice and is currently a partner in Stanley Ponniah, Ng & Soo, Advocates & Solicitors.

NON-EXECUTIVE DIRECTOR

Peter Thomas

Peter Thomas having served on ASX listed company boards for some 30 years, has been a non-executive director of Image since 10 April 2002. He resigned as Chair on 29 October 2014. For over 30 years until June 2011, Mr Thomas ran a legal practice on his own account specialising in the delivery of wide ranging legal, corporate and commercial advice to listed explorers and miners. Mr Thomas currently a director of listed companies Emu NL and Middle Island Resources Limited and recently of Magnetic Resources NL (resigned July 2013) and Meteoric Resources NL (resigned September 2014).

NON-EXECUTIVE DIRECTOR

Chaodian Chen

Mr Chen founded Orient Zirconic in 1995 and has built the company into a leading company in the zirconium industry. He served as President and Chairman of the company until mid-2013 when China National Nuclear Corporation (CNNC) became the largest shareholder in Orient Zirconic. He became the Chairman of Murray Zircon when the company was founded in 2011 as a result of Orient Zirconic’s first investment in mining in Australia. Mr Chen is the Vice President of China non-ferrous metals industry association titanium zirconium & Hafnium Branch. He holds an EMBA degree and is a Certified Engineer. He also owns a number of patents involving the processing of zircon.

NON-EXECUTIVE DIRECTOR

Fei (Eddy) Wu

Mr Wu has solid operational experience in the Australian resource and mining industry. He specialises in combining the strengths of Australian upstream mining with Chinese downstream processing and end use to optimise the strategy for resource development and maximise the resource value. As the first CEO of Murray Zircon, he built and led the team to complete the development and start-up at the Mindarie mineral sands project in late 2012. Mr Wu was appointed as a Non-Executive Director of Murray Zircon in early 2013. He is currently the CEO and a Director of Queensland Mining Corporation Limited and the CEO of WIM Resources Pty Ltd. Eddy graduated from the University of Science and Technology, Beijing. He holds a Master’s Degree in Commerce (Finance) from the Australian National University and a Master’s Degree in Science from Cass Business School, City University London.

SENIOR MANAGEMENT

CHIEF DEVELOPMENT OFFICER

Collis Thorp

Collis Thorp joined Image in May 2014. He has enjoyed a career of over 40 years in the resources industry, encompassing a broad range of commodities. His 17 years of mineral sands experience includes seven years as Managing Director of Cable Sands RZM Group through to 2005 as well as at Jennings Mineral Sands. His most recent position, prior to joining Image, was as Chief Executive Officer of Moly Mines Limited.

Collis has played a major role in more than ten feasibility studies for mineral sands projects, including responsibility for putting in place project finance and off-take arrangements, as well as bringing into production in the order of twenty mines.

COMPANY SECRETARY

Dennis Wilkins

Dennis Wilkins is the founder and principal of DWCorporate Pty Ltd, a leading privately held corporate advisory firm servicing the natural resources industry.  Since 1994 he has been a director of, and involved in the executive management of, several publicly listed resource companies with operations in Australia, PNG, Scandinavia and Africa. From 1995 to 2001 he was the Finance Director of Lynas Corporation Ltd during the period when the Mt Weld Rare Earths project was acquired by the group. He was also founding director and advisor to Atlas Iron Limited at the time of Atlas’ initial public offering in 2006.  Since July 2001 he has been running DWCorporate Pty Ltd, where he advises on the formation of, and capital raising for, emerging companies in the Australian resources sector.  He is currently a director of Key Petroleum Limited.

AUDIT COMMITTEE

As from 9 June 2016, the members of the Audit Committee are Messrs Fei (Eddy) Wu (Chair), Aaron Soo and Robert Besley.

REMUNERATION COMMITTEE

As from 9 June 2016, the members of the Remuneration Committee are Messrs Fei (Eddy) Wu (Chair), Peter Thomas and Robert Besley.