PEOPLE

Board of Directors

Chairman: K Alexander Stewart, C.Chem. F.R.S.C. M.I.M.M

Mr. Stewart founded the Alex Stewart organization in 1982 after first gaining extensive experience in all aspects of sampling and assaying. Working his way up from laboratory bottle washer, Mr. Stewart later undertook research works in Atomic Absorption Spectroscopy as a new analytical technique, especially for the determination of gold and silver. While working at Alfred H. Knight, he introduced the company to the full Platinum Group Analysis associated with both Atomic Absorption and Fire Assay techniques. Later he was involved in the sampling of complex precious metals, and he also spent considerable time performing bulk cargo inspections for shipments of grain, sugar, edible oil and fertilizers at major European and South American ports. In 1967 he became a Director of Alfred H. Knight International and was largely responsible for the worldwide expansion of the company during this period. With the formation of ASA, Mr. Stewart has put his knowledge of the business, managerial and people skills toward making ASIC and the network of other Alex Stewart companies in which he has retained an interest, one of the leading independent providers inspection and assayers in the world. Mr. Stewart holds a degree in chemistry and is an Associate and Fellow of the Royal Institute of Chemistry. Mr. Stewart has more than 45 years of experience in the metal business.

President and Chief Executive Officer: Dr. Enrique Segura

Dr. Enrique Segura has held top executive positions within the financial and service sectors for the past twenty years and has extensive experience working with governments and managing large international companies. Dr. Segura was the president of SWIPCO, U.S.A., an international company providing procurement services to governments. He has also served as president and chief executive officer of ICS Inspection and Control Services Ltd., a company established to provide governments with services designed to increase their customs revenues, and Pricesaroundtheworld.com, an Internet company that provides comparative price information, price research and data mining services to members through its Web site. He has worked as an economist for the Inter-American Development Bank and as a financial officer for industrial sector projects for the World Bank. Dr. Segura was also the chairman of the Trust for the Americas and, since 1996, the Honorary Consul of the Republic of Uganda in Argentina. He holds a Ph.D. in Business Administration and MBA.

Chief Operating Officer – Government Business: Erwin Flores

Mr. Flores has more than 25 years of professional experience, including 20 years in the management of governmental projects. He was executive vice president of SWIPCO USA, an international company providing procurement services to governments. A senior advisor to the president of the company, Mr. Flores was chiefly engaged in the development of company programs. He has also served as executive vice president of ICS Inspection and Control Services Ltd., a company established to provide governments with services designed to increase their customs revenues, and of Pricesaroundtheworld.com, an Internet company that provides comparative price information, price research and data mining services to members through its Web site. Prior to that, Mr. Flores was responsible for the development of spacecraft operations systems for NASA and INTELSAT. He holds a degree in physics .