Management Team

Capitalizing on a combined 130 years of geologic and IT experience.

C. R. “Kip” Williams, President & CEO, BS & MS in Economic Geology: Over 40 years of progressive experience in mining projects worldwide spanning the precious metals, base metals, industrial minerals and coal business sectors. Directs all of Gold Reef’s exploration activities.

Dr. Crissman “Criss” Capps, Vice President, Exploration, BS, MS & PhD in Economic Geology: Over 28 years of experience in precious metals, base metals and industrial minerals. Manages field programs & conducts detailed geologic mapping programs.

W. L. “Bill” Shaffer, Director & Senior Geological Consultant, BS in Geological Engineering & MS in Economic Geology: Over 39 years of experience in metal mining projects worldwide Recognized authority on placer mining operations. Directs all of Gold Reef’s field activities.

William “Bill” Hartley, Senior Consultant GIS Systems: Over 20 years of experience in AutoCAD & GIS Systems Development, programming and custom application designs. Responsible for developing Gold Reef’s data management systems.

Board of Directors

John F. O’Donnell, is a Director of the Company. Mr. O’Donnell obtained a Bachelor of Arts (Economics) and a Bachelor of Laws from the University of Windsor. He has practised law in the City of Toronto since 1973. From 1995 to September 2003, he was counsel to Shibley Righton LLP. His practice is primarily in the field of corporate and securities law and, as such, he is and has been counsel to several publicly traded companies, including mineral exploration companies. Mr. O’Donnell has been a director of Grenville Gold Corporation since December 2002. Mr. O’Donnell was a director of spyn corporation from February 3, 1995 until January 14, 2003 (formerly The O’Donnell Group Inc. of which Mr. O’Donnell was the President prior to the completion of a share exchange agreement in February, 2001). Subsequent to Mr. O’Donnell’s resignation as a director of spyn corporation, it ceased carrying on business. Mr. O’Donnell was a director and President of Pinewest Resources Inc. from September 1998 until January 2001 when the company acquired DWX Canada Inc. and DataWorx Systems, Inc. and changed its name to Arcamatrix Corporation. Mr. O’Donnell will devote approximately 10% of his time to the affairs of the Company.

Maxwell A. Polinsky, is a director and principal of Venbanc, Inc., an investment and merchant bank located in Winnipeg, Manitoba, Canada that he founded with a partner in 1994. Venbanc, Inc. specialises in the structuring and financing of start-up companies and provides follow-up financial and management advisory assistance. It has successfully funded and taken public several companies in Canada and the United States in the past ten years. Prior to this, Mr. Polinsky was the general manager of City Machinery Ltd., a nationwide power transmission parts distributor with offices across Canada. He began his career as a stockbroker at Canarim Investment Corp. (now Canaccord Capital) in 1982. Mr. Polinsky graduated with honours from the University of Manitoba with a degree in Business Administration, Finance Major. Mr. Polinsky has served as a director of XPEL Technologies Corp. since its formation in October 2003. Mr. Polinsky is also a director of Nighthawk Systems Inc. Mr. Polinsky will devote approximately 15% of his time to the affairs of the Company.

William L. Shaffer, is a director of Gold Reef. He has more than 29 years experience in the mining industry with specific expertise in financing, planning and operation of gold placer deposits and managing coal exploration projects. Mr. Shaffer is part owner and manager of one of Alaska’s largest, long-term placer gold mining operations. He provides geological consulting services for precious metals deposits on client projects in Nevada and Arizona. He acts as field manager on coal and lignite drilling programs in the western USA His recent projects include the supervision of a geochemical sampling program on precious metals exploration project in northern Nevada and claim staking supervision. Mr. Shaffer obtained a Master of Science (Geology) from the University of New Mexico in 1971 and a Bachelor of Science (Geologic Engineering) in the University of Minnesota in 1964. Mr. Shaffer is a member of The American Institute of Mining, Metallurgical, and Petroleum Engineers. Mr. Shaffer served in the US Air Force from 1964 to 1968. Mr. Shaffer will devote less than 5% of his time to the affairs of the Company.

Bryan A. MacBride, is a director of Gold Reef. He is an independent lawyer in general practice in the City of Toronto. Mr. MacBride was an officer and director of Cabot Creek Mineral Corporation from October 1995 to December, 1997 and a director of The O’Donnell Group Inc. (now spyn corporation) from June 1998 to January 2001. Subsequent to Mr. MacBride’s resignation as a director of those issuers, they ceased carrying on business. Mr. MacBride will devote less than 5% of his time to the affairs of the Company.

Clifford A. Wiebe, is a director of Gold Reef. He has diplomas in Business Administration and Computer Analyst Programmer. Mr. Wiebe has been in the information technology industry for over 22 years, the last eleven with IBM Canada. His role as Business Consultant takes him across the country identifying problem trends and pitfalls and putting corrective plans in place with an emphasis on profitability and customer satisfaction. Mr. Wiebe will devote less than 5% of his time to the affairs of the Company.

Crandell Addington, is Chairman of the Board of Directors of Gold Reef. He is a cum laude graduate from the Southwestern University, Georgetown, Texas, majoring in economics and accounting. Mr. Addington received post-graduate education in various sciences at the Trinity University, San Antonio, Texas. Mr. Addington has, over the course of 40 years, founded and/or operated successful enterprises ranging from chemical manufacturing to oil and gas exploration, development, and production. Mr. Addington is currently President, Chief Executive Officer and Chairman of Phoenix Biotechnology Inc. He is also President and Chairman of Anviram, Inc. As a result of his prior and current corporate leadership positions, Mr. Addington has been responsible, among other duties, for interacting with biomedical researchers and clinicians both in the United States and Latin America.

Lou Kost, Jr., is Secretary Treasurer, Chief Financial Officer and Director of Gold Reef. He attended the University of Texas at Austin and St. Mary’s University in San Antonio, Texas, where he studied marketing and financial management. Mr. Kost has been at various times a venture capitalist and management consultant. Mr. Kost is a former Texas state representative who served on the Banking Committee. Mr. Kost is currently Secretary and Director of Anviram, Inc. Among other duties, Mr. Kost is responsible for interacting with the governmental agencies in Latin America on behalf of Phoenix Biotechnology Inc. Mr. Kost also serves as Secretary Treasurer & Director of Phoenix Biotechnology, Inc.

Dr. Sadik M. Al-bassam, is a Director of Gold Reef. He received his undergraduate degree from Kuwait University majoring in Accounting in 1971. He received his MBA from Indiana University - Bloomington, Indiana in 1975 and received his PhD in Accounting and Business from University of Texas at Austin in 1980. He joined the faculty of Kuwait University, Accounting Department in 1980. He became the Chairperson of the department from 1981 to 1986, and the Dean of College of Commerce Economics and Political Science from 1991 to 1995. He served as a director on the boards of directors of many investments and financing companies traded in the Kuwait Stock Market. He also served as a general manager of Bank of Bahrain and Kuwait - Kuwait Branch for a year in 1986/87. Dr. Al-bassam, as an associate professor, is the author of scholarly publications in Local and International Journals. He also published a few books in Accounting in Arabic language. Dr. Al-bassam is a Kuwaiti CPA with international representation. He presently serves as the Chairperson of the Accounting Department at the College of Business Administration in Kuwait University.