Proactive investors

Navigator Resources Limited (ASX:NAV) is an emerging Perth-based gold producer with an objective of building value for shareholders and establishing a pipeline of advanced projects. The Company acquired the Bronzewing Gold Project in late 2009, and this Project recommenced production in April 2010. Navigator also continues to pursue development opportunities at the Leonora Gold Project by initially carrying out a trial mining program. The Company’s medium term objective is to target 150,000oz pa of gold production from these two open pit projects. The Company also maintains an interest in assets in the East Kimberley region, including the 100% owned Cummins Range Rare Earth Project.

Dr Allan Trench , BSc (Hons Geology) PhD (Geophysics) MSc (Mineral Economics) MBA (Oxon) MAusIMM MAICD

Non-Executive Chairman (appointed 14 November 2005)

Dr Allan Trench is a geologist/geophysicist and business management consultant with over 15 years experience within the Australian resources sector across a number of commodity groups including gold, nickel, oil & gas and LNG.

Dr Trench commenced his career as an academic at Oxford University before moving to Australia on a Royal Society Research Fellowship.  After a period at the University of Western Australia, he joined WMC at their Kambalda nickel and gold operations applying geophysical methods to both exploration and underground mining opportunities.  Dr Trench spent five years with WMC including as Exploration Manager in the Leinster-Mt Keith region.  He then managed a number of exploration companies associated with Joseph Gutnick before joining McKinsey & Company as a management consultant.  In his role at McKinsey, he advised a number of large international resources companies on strategy, organisation and operations issues.

Dr Trench has direct hands-on experience in managing gold assets, including spending 18 months at Australia's largest gold mine, the Golden Mile of Kalgoorlie.

David Hatch , Associateship in Mining Engineering Diploma of Geoscience (Mineral Economics) MAusIMM MAICD

Managing Director (appointed 25 May 2009)

Mr David Hatch has an accomplished track record in the management, optimisation and development of mining assets. His career has included tenure as Managing Director, Kingsrose Mining Ltd; Managing Director, Westonia Mines Ltd (now Catalpa Resources Ltd); Managing Director, Abosso Minerals Ltd; managing the Damang gold mine in Ghana; and as General Manager of the Mt Muro gold-silver mine in Kalimantan. He has the technical and management experience to implement the Company's transition from explorer/developer through to gold producer.

Gordon Galt , GEng (Hons. Mining) BCom Grad Diploma Finance (FINSIA) MAICD MAusIMM

Non-Executive Director (appointed 18 August 2008)

Mr Gordon Galt is a senior mineral resources executive and an experienced director with international mineral industry experience.  During his career Mr Galt has worked in senior management, technical and operational roles across a wide range of commodities, primarily in gold, coal, magnesium and copper/lead/zinc.  Mr Galt is by training a mining engineer with post-graduate qualifications in finance.  Both degrees are from the University of Queensland.

Matt Healy , BSc (Engineering) MBA (Exec)

Non-Executive Director (appointed 9 April 2009)

Mr Matt Healy is an experienced commercial and contracts executive who has extensive experience involved in multi-national property and construction companies facilitating development and project management of mixed use developments. During his career, Mr Healy has worked in various management and operational roles for several respected asset management groups bringing a wealth of business experience to the Company.

Mr Healy is a construction engineer by training with a post-graduate MBA (Exec) from the Australian Graduate School of Management.

Ian Macpherson , BComm CA

Non-Executive Director (appointed 3 July 2003)

Mr Ian Macpherson graduated from the University of Western Australia with a Bachelor of Commerce in 1977.  He commenced his career in commerce in 1978 prior to entering the Chartered Accounting profession.  Mr Macpherson was admitted as a partner of the firm that became known as KMG Hungerfords in 1986, having built up a specialist practice in the provision of corporate and financial advice to the mining and mineral exploration industry.  In 1987 the firm merged with Arthur Andersen & Co.

In 1990 Mr Macpherson left Arthur Andersen & Co to establish Ord Partners.  Mr Macpherson has since specialised in the area of corporate advice with a particular emphasis on capital structuring, equity and debt raising, corporate affairs and Stock Exchange compliance procedures for public companies, both mining and industrial.  He has acted in the role of director and company secretary for a number of his clients and has been involved in numerous asset acquisition and disposal engagements involving the preparation of detailed Information Memoranda, pre-acquisition reviews and Independent Reports.

Mr Macpherson is an Associate Member of the Institute of Chartered Accountants in Australia and past member, Executive Council of the Association of Mining Exploration Companies (WA) Inc.

John Shipp , ACSM (Mining) FAusIMM MAICD

Non-Executive Director (appointed 7 August 2006)

Mr John Shipp has nearly 40 years of international experience in Australia, Africa, Fiji and Europe involving open cut and underground mining for gold and base metals.

Prior to joining the Navigator Board, Mr Shipp was President of Barrick Gold Corporation’s Australia Africa Business Unit and was involved in the corporate acquisition of Placer Dome to form what is now the largest gold mining company in the world.  Before this he was General Manager of Australia’s biggest gold mine, KCGM, in Kalgoorlie.  This followed a period as General Manager of the Boddington joint venture, then Australia’s second largest gold mine.

During his career Mr Shipp has worked in a variety of different operational environments and has experience in both underground and open pit mining at small and large scale.  In addition he has been involved in plant design, construction and commissioning.  In recent years his direction has been towards business development and the determination of strategic direction at corporate level.

The ASX code for Navigator Resources Limited’s fully paid ordinary shares is “NAV”.  The Company’s listed options trade under the code “NAVO”.

As of 1 March 2010, the Company’s share capital comprises:

• 392,599,036 fully paid ordinary shares;
• 121,458,787 listed options; and
• 30,255,882 unlisted options with various exercise prices and expiry dates.

The Company's Top 20 major shareholders as at the end of February 2010 are:

• Atlanta Gold (TSX: ATG)
• Chaarat Gold (AIM: CGH)
• Clifton Star Resources (TSX-V: CFO)
• First Star Resources (TSX-V: FS)
• Gold One International (ASX: GDO)
• Goldrush Resources (TSX-V: GOD)
• Great Quest Metals (TSX-V:GQ: GQ)
• Integra Mining (ASX: IGR)
• Majescor Resources (TSX-V: MJX)
• Montezuma Mining Company (ASX: MZM)
• New Dawn Mining (TSX: ND)
• Red Rock Resources (AIM: RRR)
• Redhill Resources (TSX-V: RHR)
• Soho Resources Corp (TSX-V: SOH)
• Sona Resources (TSX-V: SYS)
• St Andrew Goldfields (TSX: SAS)
• Sunrise Resources (AIM, PLUS: SRES)
• Tanami Gold (ASX: TAM)
• Tournigan Energy (TSX-V: TVC)
• Triton Gold Limited (ASX: TON)
• Xmet (TSX-V: XME)
• Xtra-Gold Resources (OTCBB: XTGR)