Ralph Fitch, President and Chief Executive Officer

Mr. Fitch is an exploration geologist with over 40 years of international exploration management and field experience. He is one of the co-founders of South American Silver Corp. Prior to South American Silver he was a co-founder of General Minerals and held positions included Chief Geologist and Manager of U.S. Exploration for the Chevron Minerals Group. His extensive exploration experience includes work in South America, Australia, West Africa, South Africa and the United States. Mr. Fitch is credited with a number of major international discoveries and was awarded the Chevron Chairman's Award for his part in the discovery of the Ujina deposit at the Collahuasi copper porphyry project in Chile. Earlier in his career he was involved in the discovery at the Bend and Horseshoe deposits in Wisconsin, the Henkries uranium deposit in South Africa, the Coppins Gap copper deposit in West Australia, and the Pah-My-Yah diamond field in Liberia.

Matias Herrero, Chief Financial Officer

Mr. Herrero brings extensive experience serving in senior finance positions in Canadian publicly-listed mining companies with operations in South America and Africa. He most recently served as the CFO of a gold producer in South America. Mr. Herrero's experience includes international arbitration, mergers and acquisitions, debt and equity financings and overseeing the financial reporting and regulatory compliance of international mining companies. Mr. Herrero holds a Bachelor's degree in Accounting from the University of Belgrano in Buenos Aires, Argentina and is a Canadian Chartered Accountant and a U.S. Certified Public Accountant. He articled at PricewaterhouseCoopers, where he worked with several Canadian and U.S. publicly-listed mining companies in the audit practice in Vancouver.

Felipe Malbran, Vice President of Exploration

Mr. Malbran brings over 25 years of exploration industry experience and has served as Vice President of Exploration for South American Silver since its IPO in 2007. Mr Malbran was involved in a number of major mineral discoveries including Malku Khota, Escalones and Vizcachitas. His career has included exploration for precious and base metal deposits throughout Latin America with groups including Teck Cominco, General Minerals and Geoestudios Consultants. Mr. Malbran received his Degree in Geology from the University of Chile in 1983 and is a qualified person for the Company.

David Dreisinger, Vice President of Metallurgy

Dr. Dreisinger has been working as a metallurgical consultant with the Company since May, 2006. In addition, he currently holds the position of Professor and Chairholder of the Industrial Research Chair in Hydrometallurgy at the University of British Columbia. Dr. Dreisinger, with co-workers, has been actively involved in developing and commercializing hydrometallurgical technology such as the Mt. Gordon and Sepon copper processes in Australia and Laos. Through the Industrial Research Chair in Hydrometallurgy, Dr. Dreisinger is engaged in research and in the teaching technical short courses to the global metallurgical industry. David is a director of PolyMet Mining Corp. and International Nickel Ventures Corporation.

Andrew Clark, Manager of Project Implementation

Mr. Clark has over 30 years of experience in the design and management of industrial, mining, materials handling, chemical and petrochemical projects. These projects have ranged from feasibility studies through to commissioning and handover of completed facilities. He has held a number of senior management roles during his career and has extensive international experience as a project manager, having worked on projects in Africa, Australia, the Middle East, Eurasia, and North and South America.

Richard Doran, Vice President and Corporate Secretary

Mr. Doran brings extensive industry experience to the Company. He has been associated with South American Silver since its IPO in 2007. Prior to South American Silver Mr. Doran was part of the General Minerals management team, served as the North American marketing Manager for the European-based metals company Union Miniere, and as commercial manager for Chevron Minerals. Mr. Doran holds a Professional Engineering Degree in metallurgical engineering from the Colorado School of Mines and an M.S. Degree in Mineral Economics from the Pennsylvania State University. He completed additional graduate studies in international economics at the University of Denver.

Xavier Gonzales Yutronic, General Manager-Compañía Minera Malku Khota S.A.

Mr. Gonzales has over 20 years industry experience in the mining industry covering finance, logistics, and community relations at Comsur S.A., one of the largest mining companies in Bolivia, Glencore (Sinchi Wayra), and Compañía Minera Malku Khota S.A. Mr. Gonzales has been part of the successful development of many projects and mining operations at Oruro, Potosi and Santa Cruz and holds a Degree in Business Administration from the Catholic University of La Paz, Bolivia.