Subsequent exploration,re-interpretation of seismic data and sampling of drill cores in the1980’s has indicated the presence of prospective potash beds within theBoree salt member.Preliminary studies have indicated the potential for solution miningtechnologies followed by crystallization of the resulting brine solutionsto produce salt and by extension potash products. In September 1999 he joinedTopnotch Health Clubs plc and in March 2000 oversaw the company’s listingon AIM.Description of the Queensland Potash Exploration PermitsQueensland Potash owns a total of (2) EPM’s (with an option to acquire anaddition (2) EPM’s under the terms of the Transfer Agreement) – with such4 EPM’s covering approximately 160 sq kilometers located approximately 65kms southwest of Blackall in central Queensland, Australia.Exploration drilling for oil and gas in the 1960’s and 1970’s in theAdavale Basin located the Boree salt member at depths in excess of 1500meters plus. In March 1997 he led a management buy-in of 25 hotels fromQueens Moat Houses plc with Duke Street Capital. Six months later hemanaged the refinancing of the new group, County Hotels Group plc,through a listed bond offering and, in January 1999, successfully soldthe company to Regal Hotel Group plc. Previously he spent 16 years at IntercontinentalHotels Corporation, where he held various positions as Vice President ofFinance. In 1989 he joined Boddington Group plc, where he developed andbecame operations director of the Village Leisure Hotels division,responsible for the operation of six leisure hotels. Between February1994 and September 1995, while still at the Boddington Group plc, he wasfinance director of the Country House Retirement Homes Limited businessduring which time the number of nursing homes nearly doubled to 31nursing homes.

Following an MBA at the LondonBusiness School, he joined the international consultancy firm, Arthur DLittle, where he worked in their European strategy practice and wasco-founder of their Financial Industries Group. He has worked on naturalresource projects in South America and the United States in ammoniaproduction and oil and natural gas respectively. He has advised at acorporate finance level, on the securing of natural resource projects inthe Middle East and Central Asia. He served in the UK Leadership Team ofElectronic Data Systems where he worked on the merger of EDS’s globalenergy practice.Jonathon Harrison, DirectorJonathon Harrison is a chartered accountant with experience in quoted andunquoted companies.

in Geology from Western Michigan University in 1964.Richard Poulden, DirectorFollowing a law degree from Oxford University, Richard Poulden qualifiedas a Barrister, after which he moved into merchant banking where heworked for Samuel Montagu & Co Limited. Steininger’sconsulting practice, he has continued his involvement in exploration anddevelopment programs in association with several major mining companies.Dr. Steininger is a Certified Professional Geologist – having receivedsuch designation from the American Institute of Professional Geologistsin 1987 Dr Steininger received his Ph.D in Geology from Colorado SateUniversity in 1986, a M.S in Geology from Brigham Young University in1966 and a B.S. has more than 40 years experience in theminerals industry including a senior management position with a majormineral company, Amselco Minerals and for the last 20 years hasmaintained a consulting geologist practice As part of Dr. Nikitovic held senior management positions with two of Canada’slargest retailers At present, Ms. Nikitovic is the Chief FinancialOfficer for a number of publically traded mining companies.Dr Roger Steininger Ph D., DirectorDr Roger C Steininger Ph.D. Duncan’s client base has included financial services, aviation,mining, oil and gas, logistics, and retail industries.Olga Nikitovic, CA, Chief Financial OfficerMs.