Board of Directors: San Anton Resource Corporation

BOARD OF DIRECTORS

Norman A. Seckold - Chairman and Director: Mr. Seckold graduated with a Bachelor of Economics degree from the University of Sydney in 1970. He has spent the past 25 years in the full time management of natural resource companies, both in Australia and overseas. Mr. Seckold is currently Chairman and Director of Palmarejo Silver and Gold Corporation, a TSXV-listed company, and a director of Bolnisi Gold NL, Kings Minerals NL, Planet Gas Ltd., and Cockatoo Coal Limited, all of which are listed on the ASX. He is also a director of V-Fund Investments Ltd., a privately held Canadian company, and Evenlen Pty. Ltd., a private Australian company. He was a director of Viking Gold Inc. from April 1996 through December 1999, a Canadian-listed company which discovered a gold deposit in northern Sweden. Viking Gold merged in December 1999 with Dragon Mining NL, an Australian company. Previously he served as director of Mogul Mining NL which drilled the Magistral and Ocampo gold deposits in Mexico and Valdora Minerals NL which developed the Rustler's Roost gold mine in Australia�s Northern Territory and the Ballarat East gold mine in Victoria, Australia, both of which were mining companies listed on the Australian Stock Exchange.

Dudley R. Leitch � Director, Member of the Compensation Committee, Member of the Nomination & Corporate Governance Committee: Mr. Leitch graduated in Science, majoring in Geology and Mineralogy, from the University of Queensland, Australia. He has over 26 years of experience in mineral and petroleum exploration and development. Mr. Leitch is currently Managing Director of King Minerals NL and a director of Bolnisi Gold NL, both of which are mining companies listed on the ASX. He is also a director of Palmarejo Silver and Gold Corporation, a TSXV-listed mining company presently exploring and developing the Palmarejo-Trogan silver/gold project in the State of Chihuahua, Mexico. Mr. Leitch served as a director of ASX-listed Mogul Mining NL from May 1994 through December 1999. Prior to that, he was Managing Director of ASX-listed Valdora Minerals NL from November 1991 through May 1996 and a Director of Perseverance Corporation Limited (ASX: PSV). While serving with Perseverance, Mr. Leitch was responsible for the development of the former producing Nagambie gold mine from exploration to production in less than two years. He remains a director of a private company which has made investments in the resources sector and has identified significant resource projects, including the large coal bed methane reserves of the Northern Bowen Basin which are currently being advanced by several listed companies.

Vaughn R. MacLellan � Director, Member of the Compensation Committee, Member of the Nominating & Corporate Governance Committee: Mr. MacLellan is a partner in the Toronto law firm Wildeboer Dellelce LLP. His practice focuses on securities law, with an emphasis on corporate finance, restructurings, mergers and acquisitions and securities compliance matters. His experience has encompassed a broad range of transactions including private and public market financings, Capital Pool Companies, private and public mergers and acquisitions, corporate governance and public company obligations. Mr. MacLellan is a graduate of the London School of Economics (LL.M., 1996), the University of New Brunswick (LL.B, 1995) and Dalhousie University (B.Comm, 1990), and a member of the Law Society of Upper Canada, the Canadian Bar Association, and the Nova Scotia Barristers Society.

Donald H. Christie � Director, Chairman of the Audit Committee, Member of the Nomination & Corporate Governance Committee: Mr. Christie is a Chartered Accountant and co-founder of Ollerhead Christie & Company Ltd., a privately held Toronto investment banking firm which sources, structures and syndicates private placements and provides financial advisory services to a client base comprised primarily of colleges, universities, school boards and provincial government agencies. Prior to founding Ollerhead Christie & Company, Mr. Christie served as Vice President & Director of Newcourt Capital Inc., formerly the corporate finance subsidiary of then publicly traded Newcourt Credit Group (TSX, NYSE), which subsequently combined with the CIT Group, Inc. While at Newcourt, Mr. Christie was involved in over $1.5 billion of transactions. Mr. Christie holds a B.Comm degree from Queen�s University. He previously served as a director of Andaurex Industries Inc., a predecessor company to San Anton Resource Corporation. He remains a director of Alpha One Corporation (TSX-V: AOC.P).

Nicholas Tintor � Director, Member of the Audit Committee, Member of the Compensation Committee: Mr. Tintor is President and Chief Executive Officer of Anaconda Gold Corp. (TSX-V: ANX). A graduate of the University of Toronto (B.Sc., Geology), he has more than 25 years of experience in the mining industry and has been involved with all aspects of junior mining company management, finance and project acquisition. Mr. Tintor is also a Director of Andina Minerals Inc. (TSX-V: ADM) and a Member of the Canadian Institute of Mining and Metallurgy. Prior to starting Anaconda Gold in 1997, Mr. Tintor worked in the field as an exploration geologist for Urangesellschaft (Canada) Ltd. and the Ontario Geological Survey.