James B.C. Doak, Chairman and Chairman of the Audit/Finance Committee

James has over 25 years experience as an economist and chartered financial analyst. Mr. Doak has served as the President and Managing Director of Megantic Asset Management Inc., a Toronto-based investment company, since 2002. Mr. Doak is a director of PetroKazakhstan Inc., a company trading on the Toronto, New York and London stock exchanges. As well, he is a former Director of Superior Propane Inc. and Spar Aerospace Inc. Mr. Doak has held senior positions at ScotiaMcLeod Inc., First Marathon Securities Ltd., McLeod Young Weir Ltd., was a founder of Enterprise Capital Management Inc., where he served as President and Managing Partner from 1997 to 2002, and is a past President and Director of the Toronto Society of Financial Analysts. Mr. Doak has published a number of columns in two Canadian financial publications. He holds a Diplôme des études collégiales from McGill University and a B.A. in Economics from the University of Toronto.

Martin Quick, President and CEO and Director

Martin has over 41 years of worldwide mining experience in both underground and open-pit operations. The effective date of Mr. Quick's joining Khan Resources is January 16, 2006. He has held senior mining production and engineering positions in Africa, Australia, Fiji, the USA and Canada and has acted in the capacity of mining consultant for gold operations in Central and South America. Until December 2005, Mr. Quick was President and COO of Power Resources Inc. ("PRI") a wholly-owned subsidiary of Cameco Corporation, a global leader in the production of uranium for the nuclear power industry. Mr. Quick's responsibilities at PRI were the operation, development and expansion of the company's world-class in-situ leach uranium mines at Smith Ranch/Highlands in Wyoming, Crow Butte in Nebraska and the Inkai project in Kazakhstan. Prior to this appointment, Mr. Quick was Vice President-Mining with Cameco Corporation, based in Saskatoon, where he was responsible for Cameco's Northern Saskatchewan operations including the world's largest uranium mine at McArthur River/Key Lake, as well as the restart of the Eagle Point Mine at Rabbitt Lake and the planning and development of the Cigar Lake project. Prior to joining Cameco, Mr. Quick held positions as General Manager of Cogema's Cluff Lake mine in Northern Saskatchewan and Rio Algom's now decommissioned Quirke and Stanleigh mines in Ontario, Canada. He is a Professional Engineer (P.Eng.) in the province of Saskatchewan and a graduate of the Camborne School of Metalliferous Mining (ACSM), in the United Kingdom.

Jean-Pierre Chauvin, Director, Chairman of the Compensation Committee

Jean-Pierre has substantial experience in the mining and construction industries. Since 2001, Mr. Chauvin has served as President and Senior Consultant of Chauvin Engineering Ltd., based in Oakville, Ontario. This company consults in the mining industry focusing on operational reviews and feasibility studies. From 2004 until March 2006 he also served as President and Chief Executive Officer and a Director of Patricia Mining Corporation. Prior to 2001, Mr. Chauvin served as an employee of Battle Mountain Canada Ltd. and as a Director of Battle Mountain Canada Ltd., Crown Butte Resources Ltd., Mining Association of Canada and Ontario Mining Association. He also has served as General Manager of Canadian Operations for Battle Mountain Gold Co. Mr. Chauvin is an engineer holding a B.Sc. in Mining Engineering from Queen’s University.

Peter J. Hooper, Director, Chairman of the Technical Advisory Committee

Peter is a senior mining executive with broad-based experience in production, engineering, reorganization and training, contracting, exploration and corporate affairs. From April 2004 to September 2005, Mr. Hooper served as the Chief Operating Officer for Afcan Mining Corporation. From 2002 until 2004, Mr. Hooper served as managing director of mineral resources at Kingsdale Capital Corporation. Mr. Hooper also served as president of Valencia Resources Inc. from 2000 to May 2005. From 1999 to 2001, Mr. Hooper providing consulting engineer services through his company Hooper Mining Services Inc. His senior production management experience includes uranium production in Canada with Eldorado Nuclear Uranium Mines Ltd. as well as gold production in South Africa and Ghana, and copper and zinc production in Canada. Mr. Hooper has been a senior mining executive with Consolidated Rio Australia Ltd., J.S. Redpath Mining Engineering Ltd., Dynatec Engineering Ltd., and Hooper Mining Services Inc. His consulting engineering projects were conducted in Canada, United States, Cuba, Columbia, Venezuela, Mexico, Chile, South Africa, Zimbabwe, Ghana, Zambia, Australia, Khrgyzstan, Kazakhstan, Uzbekistan, Russia, Saudia Arabia and France. Mr. Hooper holds a B.Sc. in Mining Engineering from University of the Witwatersrand, South Africa. He is a director and/or officer of several public mining companies.

Stephen W Harapiak

Stephen W Harapiak brings a rich background in mining, project management, and engineering to the Board. Beginning with a mechanical engineering degree from the University of Manitoba in 1959, Mr. Harapiak embarked on an impressive career that led to leadership positions at firms including Noranda, Davy International (now Kvaerner) and Potash Corporation. More recently, Mr. Harapiak has been involved in international resource industry projects at a senior level including operations in Russia, ranging from a General Director position at a $230 million gold mining operation to recent work with the International Finance Corporation of the World Bank, dealing with small and medium enterprises supplying the resource industries in that region. Mr. Harapiak will bring valued industry experience and expertise to the Board and will be instrumental in helping Khan to continue to develop close business relationships with the company’s partners in Mongolia.

Grant A. Edey, Director

Grant A. Edey, Director, has over 31 years of financial experience that has been primarily in the mining industry. Mr. Edey has been Chief Financial Officer of IAMGOLD Corporation since 2003. From 1996 to 2002, he was Vice-President, Finance, Chief Financial Officer and Corporate Secretary of Repadre Capital Corporation. Prior to 1996, he held senior positions with Strathcona Mineral Services Limited, TransCanada Pipelines Limited, Eldorado Nuclear Limited, Rio Algom Limited and INCO Limited. Mr. Edey has been a director of Breakwater Resources Ltd. since 2005 and was a director of Queenstake Resources Ltd. from 2002 to 2004 and Santa Cruz Gold Ltd. from 1998 to 2002. Mr. Edey holds a Bachelor of Science degree in Mining Engineering from Queen’s University and a Master of Business Administration degree from the University of Western Ontario.

Hon. Robert P. Kaplan, Director

Hon. Robert P. Kaplan, Director, has over 40 years of experience as a lawyer, businessman and elected politician. Mr. Kaplan retired from a 25 year career in elective politics in 1993. He was a Federal Member of Parliament and Cabinet Minister in the Governments of Rt. Hon. Pierre-Elliott Trudeau and Rt. Hon. John N. Turner. Mr. Kaplan is a director of European Goldfields Limited and a trustee of H&R REIT. As well, he is a former Director and Chairman of PetroKazakhstan Inc. Mr Kaplan has served as the Honourary Consul General of Kazakhstan for Canada for the last 13 years. Mr. Kaplan holds a B.A. degree in Sociology and a LL.B. from the University of Toronto. He was called to the Ontario Bar in 1963.

Paul D. Caldwell, Chief Financial Officer

Paul D. Caldwell, B.A.(majors in Commerce and Economics), Chief Financial Officer and Corporate Secretary of the Company, has over 28 years of financial experience. Mr. Caldwell, who joined the Company in August 2006, has held senior financial positions with Canadian gold mining companies operating in Argentina, Canada, Costa Rica, Nicaragua and the United States. He has been involved with a number of capital market transactions including private placement, prospectus and debt financings and several mergers and acquisitions. From October 2003 until August 2006, he was Controller of Glencairn Gold Corporation which operates gold mines in Central America including the Bellavista Gold Mine in Costa Rica and the Limon Mine in Nicaragua. Mr. Caldwell was Controller, Corporate Secretary and Chief Financial Officer of Black Hawk Mining Inc., which operated gold mines in Canada and Nicaragua, from January 2000 until October 2003 when Black Hawk merged with Glencairn Gold Corporation. Prior to this position, he was Controller of Black Hawk Mining Inc. from July 1996 to December 1999. Mr. Caldwell was Controller and Chief Financial Officer of Granduc Mining Inc. from June 1994 until June 1996 when Granduc merged with Black Hawk Mining Inc. From June 1994 until February 1996, he was Secretary, Treasurer and Chief Financial Officer of Consolidated Professor Mines Limited.

David McAusland

Mr. McAusland is a graduate of the Faculty of Law of McGill University and was called to the bar in Quebec in 1978. He eventually became the managing partner of a prominent Montreal law firm where he served as its Managing Partner while maintaining a leading practice in the field of corporate and securities law, and mergers and acquisitions. More recently he served as the Executive Vice-President, Corporate Development and Chief Legal Officer of Alcan Inc. until its sale to Rio Tinto plc.