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Walter Segsworth
Mr. Segsworth graduated from Michigan Tech in 1971 with a B.Sc. degree in Mining Engineering. He is the Lead (Independent) Director of Alterra Power Corporation (formerly Plutonic Power Corporation), a company listed on the Toronto Stock Exchange, which operates six power plants totaling 570 MW of capacity, including two geothermal facilities in Iceland, a geothermal plant in Nevada, British Columbia's largest run of river hydro facilities and the province's largest wind farm.
He previously served on the Board of Directors of UEX from 2002 to 2008.
Mr. Segsworth has managed three large Canadian mines. In 1990 he was appointed President and Director of Westmin Resources Ltd. ("Westmin") where he led the operational and financial turnaround of that company, culminating in a significant expansion of that company's assets. Upon the takeover of Westmin by Boliden in 1998, Mr. Segsworth joined Homestake Mining Company of California where he was subsequently appointed President, Director and Chief Operating Officer and served until its merger with Barrick in early 2002. Under his direction, Homestake achieved record production, and operating costs were the lowest in 25 years.
Mr. Segsworth is a director of four companies with all but Alterra in the mining sector. He is past Chairman of both the Mining Associations of B.C. and Canada and was named B.C.'s Mining Person of the Year in 1996. He is also a director of Science World British Columbia, a non-profit organization.
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David Rhys, M.Sc., P.Geo.
Mr. Rhys is a consulting structural geologist based in Vancouver, Canada, consulting through his firm Panterra Geoservices Inc. He is an experienced consultant specializing in structural controls on mineral deposits and their application to exploration, mining and mine site grade control.
His clients include both major and junior mining companies in global exploration and mine environments. His consulting has covered a wide range of deposit types, including uranium deposits in the Athabasca Basin of Saskatchewan on behalf of Cameco Corporation and UEX.
Mr. Rhys has had a long association with UEX, and has provided technical consulting and guidance to the Company since its inception. He has also been involved in exploration advisory roles to several other junior mining companies.
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