Caldera Resources's Profile

Caldera Resources Inc Gold - Diamond - PGM projects in Australia & Albania.

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Caldera Resources Inc, Montreal, Quebec, TSX.V : CDR, The principal aim of the Company is to discover an economic mineral deposit. This is being pursued through “grassroots” and advanced stage exploration activities at eight diamond projects in Western Australia. The Company is also engaged in gold/ base and precious metal exploration in Western and South Australia.

The Company’s diamond projects include two advanced stage projects, namely the Ellendale East and South Projects and the Runton Project, and five “grassroots” stage projects. Promising gold mineralization has been found in the Cromer Cone project which will be further explored.

The Mt. Carulina project is located at the north-east margin of the Gawler Craton in South Australia and this property is being explored for iron oxide, copper-gold mineralization.

The Abminga Project is considered to have potential for uranium, nickel and/or platinum group metal mineralization.

CANBIOMINE PROJECTS

Canbiomine Resources is a wholly owned subsidiary of Caldera Resources. Canbiomine division focuses on developing bioleaching projects in Southeastern Europe, namely Albania and Serbia.

Canbiomine is developing the Gjegjan Copper Project, with the goal to produce over 20,000 tonnes of copper cathode by using bioleaching process with its partner BacTech Mining Inc (BM:tsx-v).

DIAMOND EXPLORATION

Caldera Resources Inc. has been exploring for diamonds in Australia for several years. Caldera has 1 property of merit and 2 advanced diamond exploration projects.

BASE METAL EXPLORATION

Mt. Sarah and Mt. Narlee

The Mt. Sarah and Mt. Narlee Basemetal Projects are located approximately 75 kilometres northwest of the town of Oodnadatta in northern South Australia and with a further Exploration Licence being made in January 207, now comprises of two Exploration Licences.

Mt. Carulina

The Mt. Carulina Gold/Basemetal Project is located in northern South Australia. The Mt. Carulina tenement is held by the Corporation through Caldera Resources Pty Ltd. as to 75% and Ellendale as to 25%.

Gjegjan Copper Project, Albania JV with ECHO-T shpk, Albania

The historic Gjegjan mine produced 5Mt of 3% Cu. A published exploited resource estimate quotes 6Mt at 3.51% Cu, 0.9% Zn and 0.07% Co. The Mine opened in 1961 and closed in 1993, and involved both underground and open pit mining. Historical records indicate that the cut off grade for mining was 1% and a smelter cutoff of 2.5% The geology is described as massive pyrite with silica and chalcopyrite.

ECHO-T performed a successful bioleach study at The Institute of Environmental Geology and Geoengineering in Rome, Italy in 2003. ECHO-T had taken sample in 2003 and was evaluated at 0.30% copper. (not 43-101 compliant)

CanBiomine hired GWP Consultants to prepare an initial 43-101 compliant report and make recommendation for a scope study to be implemented in spring 2009. Initial site visit was completed on September 20, 2008. A final report will be available in early December.

ABOUT BIOLEACHING

Bioleaching is the extraction of specific metals from sulphide minerals and refractory ores through the use of bacteria. Bioleaching technology used by Caldera has been successfully deployed by BacTech to extract gold and copper.

BacTech's technology takes bacteria cultured from the environment and applies them in a way that speeds up the natural process of sulphide degradation by up to 500,000 times. There is no "re-engineering" or manipulation of these natural bacteria, but BacTech uses its' knowledge and experience of how to isolate and apply the bacteria, and create the perfect environment for them to operate effectively. This converts a slow natural process into a commercial economic process for metal extraction, while protecting the environment by not using the alternative techniques such as roasting. The only byproduct of bioleaching is an inert iron or iron arsenate precipitate, which is environmentally benign.

The front-end of the technology can take low quality concentrates and process them through bioleach reactors to produce metals. Precious metals typical are removed from solids, and other metals such as copper reside in a liquor which can then be recovered through Eletrowinning process.

Last changed at 05-Feb-2009 09:50AM by Highgrader

Management & Directors

Managemenrt

& Directors

Bill (Vasilios) Mavridis - President, CEO & Director:

Bill Mavridis, is the founder and President of CanBiomine Resources Inc. since its conception in February 2008. Further to his studies in Economics and Public Policy at the School of Community and Public Affairs at Concordia University, Mr. Mavridis began his career in the financial services industry, initially as an investment advisor for a boutique full-services investment brokerage firm and then as a sales manager for a mutual-fund dealer. In 1999, he founded Griffon Equity Research, where, as principal, he provided financial analysis, corporate finance and business development support for private high-technology companies and publicly-listed small-cap corporations, primarily involved in the junior mineral exploration industry. Mr. Mavridis has extensive experience in the marketing and financing of junior mineral exploration companies. CanBiomine was acquired by Caldera Resources. Bill was nominated as President and CEO on Dec 4, 2008

Jacques Arsenault - Chief Financial Officer:

Jacques Arsenault is an Accountant and Consultant with over 20 years experience in reorganization, acquisition, merger and sale of companies. His expertise is in the public sector as well as the private sector. Jacques is the Founder and President of Arsenault Business Staging Group Inc. which specializes in revaluation of a company with the goal of increasing value and worth in the process of selling the company or simply for improving its financial situation and strategic position. Jacques holds a Bachelor degree in accounting from the UQAM as well as an MBA from the University of Sherbrooke. He is a member of the Professional Corporation of CGA.

John Mavridis - Chairman & Director:

John Mavridis, is a principal with Newhouse Strategic Counsel Inc. an independent legal and business consulting firm. He has served as a member of the Board of Directors of various reporting issuers, including Blue Note Mining Inc., Forest Gate Resources Inc. and Niocan Inc. He is also a member of the board of other private companies and community organizations. Mr. Mavridis brings over 20 years of experience gained in working as a lawyer specializing in securities and corporate law and insolvency, as a partner in major Montreal law firms and as general counsel to private and public companies. He has represented private and public companies in diverse fields of high technology, communications, biotechnology and mining. Mr. Mavridis holds both a Bachelor and Master degree in Law from the Université de Montréal and is a member of the Bar of Québec. He has completed the Directors Education Program of the Institute of Corporate Directors and is an ICD-certified Director.

Mark Billings - Director:

Mark Billings, is presently the President and CEO of Orex Exploration Inc. (OX: TSX-V), a junior gold exploration company with properties in Nova Scotia. He is also a Partner at Atwater Financial Group Inc., a Montreal-based financial consultancy that provides corporate finance advisory services to Canadian small-cap companies. Prior to joining Orex Exploration, Mr. Billings served as Chief Financial Officer for private and public Internet companies from 2000 to 2006, as well as running his own financial consultancy, Gestion Marengo Management Inc. From 2004 to 2006, Mr. Billings was Vice-President of Corporate Finance with Desjardins Securities Inc., where he led a number of public and private financings and took companies public on the Canadian exchanges. Mr. Billings has a Master of Business Administration degree, with honours, from the Harvard Business School, from where he graduated in 1995.

Mr. Ross Orr - Director:

Mr. Ross Orr, is the founding partner of CEF, a Toronto based merchant banking firm, formed in October 1992. Prior to forming CEF, Mr. Orr was the Director of Corporate Development for Trimel Corporation (June 1991 to October 1992), and prior to that he was an account executive at RBC Dominion Securities Inc. (April 1981 to May 1991). In addition to being a director of Caldera since 1995, Mr. Orr is a director of Golden Odyssey Mining inc. since 2003, Director of BacTech Mining Corporation since 1997 and President and CEO of BacTech since 2003. Mr. Orr is a graduate of the University of Calgary.

Steve Roebuck - Director:

Steve Roebuck, is a geologist with over 15 years experience in the base metal, precious metal and diamond exploration and mining industry. A graduate of Concordia University in Montreal, Quebec in 1994, he has worked with a number of major and junior companies across Canada including Aur Resources, Royal Oak Mines, BHP Billiton Diamonds and more recently as a senior officer with Forest Gate Resources, Scorpio Gold Corporation and Advanced Explorations Inc.

Lorne Woods - Director:

Lorne Woods, is currently the Vice-President Investor Relations of Blue Note Mining. Prior to joining Blue Note in 2005, Mr. Woods was a Partner and Vice-President of Judson Woods Inc., an investor relations firm he helped found in 1995. During his time at Judson Woods he worked with a large number of junior mining and exploration companies. Lorne Woods received his BA from Concordia University in 1986.