Telson Mining Corporation

We at Telson believe we have a mission to create enduring, sustainable value for all our shareholders, employees and the communities where we work.

Telson Mining Corporation is managed by a team experienced in mining engineering, metallurgy and geology plus other mining professionals employed and committed to adding value to Tahuehueto and increasing shareholder returns through cost-effective programs conducted in a socially and environmentally progressive manner.

Board of Directors

Jose Antonio Berlanga Balderas, P.ENG. CEO And Director

Portrait

Sr. Berlanga is a Mining and Metallurgist Engineer with over 42 years of experience in the acquisition, evaluation, design, planning, engineering, construction and operation of mining and metallurgical units.

In addition to his role as Telson’s CEO, Antonio’s prime responsibility is managing all facets of Telson’s mining, processing, development and exploration work, and setting Telson’s strategic direction.

Sr. Berlanga has extensive experience and skills in the development and operation of mining projects through the application of technology and high optimization methods in extracting minerals. Some of the projects that Antonio through Reyna Minas has participated include: El Oro in the State of Mexico, La Negra in Queretaro, La Amelia in Sonora and Pinzan Morado in Guerrero, among others. He has also promoted important mining assets with Canadian companies, the latest being the Morelos Sur and El Barqueno projects with Cayden Resources.

From 1993 to 2001 he obtained invaluable knowledge of the deposits and mines in Mexico as deputy technical director of the Trust for Mining Development in Mexico, a development bank specializing in the mining industry. He has been a two term President of the prestigious College of Engineering Geologists, Mining and Metallurgist of Mexico and has occupied executive positions in the AIGMM as well as an advisor in the Engineering faculty at UNAM.

During his professional career, he worked eight years as divisional projects superintendent with Servicios Industriales Penoles, SA de CV participating in the development and construction on various mines between 1978-1985 and with Minas de San Luis in 1980 and Minera Autlan in 1977.

Ralph Shearing, P.GEOL. President And Director

Portrait

Ralph Shearing is responsible for the management of public company management and compliance and was Telson’s founder.

Mr. Shearing is a graduate of the University of British Columbia holding a B. Sc. Geology Degree. Since graduating in 1981, Mr. Shearing has practiced his profession as a professional geologist throughout Canada, and internationally. He has been directly involved in several world class exploration and development projects in British Columbia, Canada. During an active mineral exploration and development career, Mr. Shearing has gained hands-on experience in all aspects of mineral exploration, including, geophysics, geochemistry, geology and diamond core drilling, the latter as a senior partner of a successful contract diamond drilling company.

Mr. Shearing's experience managing and directing publicly listed companies over the last 32 years, combined with his practical experience in implementing major exploration projects, gives Telson a director with unique insight, invaluable practical experience, and a well rounded business approach to a junior resource company.

Rory Godinho, LLB Director

Portrait

Rory Godinho is the Co-Chair of Miller Thomson’s Capital Markets and Securities Group. He has extensive contacts in the Canadian capital markets and has assisted several public and private companies with raising equity. He has a broad range of experience in all types of securities transactions and corporate governance related matters.

Rory’s primary responsibility is Telson’s capital markets initiatives.

He is the past Chair of the TSX Venture Exchange’s National Advisory Committee, and a current director of the Capital Markets Authority Implementation Organization (CMAIO) which is expected to create and evolve into the Capital Markets Regulatory (CMRA). CMRA is a cooperative proposal by several Canadian Provinces, including British Columbia and Ontario, and the Canadian Federal Government to create a single regulator to administer a common securities act.

Enrique Margalef, VP Corporate Development And Director

Portrait

Mr. Margalef is a former investment banker with 10 years of experience in mergers and acquisitions, financial valuations, evaluation of investment projects, analysis of financial statements and cash flow management. He has performed business valuations and analysis of investment projects for Mexican and transnational companies in the mining industry, training/education industries, payments industry and hardware industry, among others.

During his professional career, 5 years have been dedicated specifically to the mining industry, having been a partner at Candiani Mining Investment Bank for 3 years. He has advised numerous clients in the valuation of their mines and exploration projects. Additionally, he managed the investments of Vander Capital Partners private equity fund for the acquisition and exploration of two early stage exploration projects before moving to Vander Mining, a Vander Capital Partners subsidiary, as a partner.

Enrique is primarily responsible for Telson’s corporate development including negotiating and setting all commercial agreements, such as acquisitions, royalty, credit facility and lease agreements.

He graduated in Economics from Universidad Anahuac in Mexico.

Arturo Bonillas, P.ENG. Director

Portrait

Mr. Bonillas is the former President and Co-Founder of Timmins Gold Corp. (Now Alio Gold Inc.) His knowledge of mining in Mexico has been essential to the Company's success. As President he built the production and exploration teams in Mexico and guided the company to consistent annual increases in reserve and resource growth, throughput and production. The Mexican team led by Mr. Bonillas has an impeccable track record in relationships with the local communities, obtained in his more than 34 years of experience in the mining and exploration industry in Mexico. He has held positions ranging from mine planning engineer, operations research engineer, chief of financial planning and Vice President of purchasing for Compania Minera de Cananea, and later for a subsidiary of Placer Dome in Mexico. He directed full bankable feasibility studies for the Mulatos gold project in Sonora, and the San Felipe gold project in Baja California. Mr. Bonillas is currently Chairman of the Advisory Board of Discovery Metals, a Mexican focused base metals exploration company. In 2017, he was awarded the prestigious Ostotakani Award, which is given to distinguished leaders in the Mexican mining industry.

Mr. Bonillas holds a B.Sc. degree in Industrial Engineering from the University of Arizona (1980). His extensive network of contacts and thorough understanding of the Mexican mining industry will enhance the Board's understanding of operations and local issues. Mr. Bonillas is fluent in both Spanish and English.

Remigio Martinez Muller, B.S.GEO. Director

Portrait

Sr. Martinez worked his whole professional career with Grupo Mexico starting in 1967 as a Mine Geologist in Taxco, Guerrero and ending as Grupo Mexico’s Director of Exploration in 2013. From 2013 to 2016 he maintained an exclusive consultant position with Grupo Mexico and became an independent consultant thereafter.

During his career with Grupo Mexico, Sr. Martinez oversaw geophysical exploration in Mexico where his work was instrumental in the discovery of several porphyry copper deposits, such as El Arco in Baja California and Malpica in Sinaloa Mexico. From 1975 to 1980 Sr. Martinez was Chief Mine Geologist, where his group of geological professionals increased the reserves of seven underground mines owned by Grupo Mexico’s subsidiary, Industrial Minera Mexico S.A. (IMMSA).

During his tenure as Director of Exploration he was influential in the definition and evaluation of the Buenavista Zinc deposit, adjacent to the Cananea Porphyry Copper deposit. In South America, Sr. Martinez supported the exploration staff of Southern Peru in the discovery of the “La Tapada” portion of the Tia Maria copper deposit and in identifying several other deposits in Chile. His most recent contribution to the Grupo Mexico was the preliminary evaluation of the Aznalcollar massive sulfide deposit in Spain.

In his 46-year career with Grupo Mexico, Sr. Martinez worked as a Geophysicist and Exploration Geologist, Manager of Mine Geology for underground operations, and Director of Exploration for Grupo Operations in Mexico, Peru, USA, Canada, French Guyana, Ireland, Australia and Chile. During his career, he has worked in all facets of mineral exploration and development, from field geology to final economic evaluation of properties and onward to underground and open pit mining operations. He has extensive expertise in porphyry copper and in underground vein and skarn type deposits.

Sr. Martinez graduated with a B.S. in Geology from Michigan Technological University in 1966 and in 1973 he received a M.S. in Economic Geology from the Colorado School of Mines. He has been a member of the Asociacion de Ingenieros de Minas, Metalurgistas y Geologos de Mexico, AC since 1967. He has also been a member of the Society of Economic Geologists from 1980 to 1988 and from 1998 to 2013.

Yao Sun, B.COMM, CFA, CMA, CPA Director

Portrait

Mr. Yao Sun graduated from the University of BC with a Bachelor of Commerce in 2005. He is an active member of the CFA Institute and the Certified Management Accountants (CMA) of Canada. Upon graduation from UBC, Mr. Sun was a financial analyst and portfolio manager for a private real estate company in Beijing, China. He is currently the CEO of Clearstone Capital Corporation, a Canadian company which provides advisory services to Canadian & Chinese public companies.

Senior Officers

Jose Antonio Berlanga Balderas, P.ENG. Chief Executive Officer

Portrait

Sr. Berlanga is a Mining and Metallurgist Engineer with over 42 years of experience in the acquisition, evaluation, design, planning, engineering, construction and operation of mining and metallurgical units.

In addition to his role as Telson’s CEO, Antonio’s prime responsibility is managing all facets of Telson’s mining, processing, development and exploration work, and setting Telson’s strategic direction.

Sr. Berlanga has extensive experience and skills in the development and operation of mining projects through the application of technology and high optimization methods in extracting minerals. Some of the projects that Antonio through Reyna Minas has participated include: El Oro in the State of Mexico, La Negra in Queretaro, La Amelia in Sonora and Pinzan Morado in Guerrero, among others. He has also promoted important mining assets with Canadian companies, the latest being the Morelos Sur and El Barqueno projects with Cayden Resources.

From 1993 to 2001 he obtained invaluable knowledge of the deposits and mines in Mexico as deputy technical director of the Trust for Mining Development in Mexico, a development bank specializing in the mining industry. He has been a two term President of the prestigious College of Engineering Geologists, Mining and Metallurgist of Mexico and has occupied executive positions in the AIGMM as well as an advisor in the Engineering faculty at UNAM.

During his professional career, he worked eight years as divisional projects superintendent with Servicios Industriales Penoles, SA de CV participating in the development and construction on various mines between 1978-1985 and with Minas de San Luis in 1980 and Minera Autlan in 1977.

Ralph Shearing, P.GEOL. President

Portrait

Ralph Shearing is responsible for the management of public company management and compliance and was Telson’s founder.

Mr. Shearing is a graduate of the University of British Columbia holding a B. Sc. Geology Degree. Since graduating in 1981, Mr. Shearing has practiced his profession as a professional geologist throughout Canada, and internationally. He has been directly involved in several world class exploration and development projects in British Columbia, Canada. During an active mineral exploration and development career, Mr. Shearing has gained hands-on experience in all aspects of mineral exploration, including, geophysics, geochemistry, geology and diamond core drilling, the latter as a senior partner of a successful contract diamond drilling company.

Mr. Shearing's experience managing and directing publicly listed companies over the last 32 years, combined with his practical experience in implementing major exploration projects, gives Telson a director with unique insight, invaluable practical experience, and a well rounded business approach to a junior resource company.

Enrique Margalef, Vice President Corporate Development

Portrait

Mr. Margalef is a former investment banker with 10 years of experience in mergers and acquisitions, financial valuations, evaluation of investment projects, analysis of financial statements and cash flow management. He has performed business valuations and analysis of investment projects for Mexican and transnational companies in the mining industry, training/education industries, payments industry and hardware industry, among others.

During his professional career, 5 years have been dedicated specifically to the mining industry, having been a partner at Candiani Mining Investment Bank for 3 years. He has advised numerous clients in the valuation of their mines and exploration projects. Additionally, he managed the investments of Vander Capital Partners private equity fund for the acquisition and exploration of two early stage exploration projects before moving to Vander Mining, a Vander Capital Partners subsidiary, as a partner.

Enrique is primarily responsible for Telson’s corporate development including negotiating and setting all commercial agreements, such as acquisitions, royalty, credit facility and lease agreements.

He graduated in Economics from Universidad Anahuac in Mexico.

Omar Garcia Abrego, CPA, CA Chief Financial Officer

Portrait

Mr. Garcia Abrego was appointed Chief Financial Officer of Telson Resources in May 2016. Mr. Garcia Abrego brings to Telson over 20 years of progressive international experience working within the mining, resource and public practice sector in Mexico and Canada.

Mr. Garcia Abrego received his Bachelor of Commerce from Instituto Tecnologico y de Estudios Superiores de Monterrey (ITESM) and his Chartered Professional Accountant designations in Canada and Mexico while working at Deloitte LLP in 2006.

Mr. Garcia Abrego has held a number of senior financial management roles at successful mining companies including Graymont Limited, Farallon Mining Ltd a company taken over by Nyrstar, Cayden Resources Inc now owned by Agnico Eagle, and Auryn Resources Inc. Mr. Garcia Abrego also spent over a decade at Deloitte where he audited various mining clients in different countries. His well-rounded experience makes Mr. Garcia Abrego an asset to Telson Resources.

Management Team

Jesus Robles, P.GEO. Chief Geological Engineer

Portrait

Mr. Robles is a Geologist Engineer with 30 years of experience in evaluation and operation of mining projects.

He is currently a partner and the Geology and New Projects Manager of Reyna Minas SA de CV, a Mexican company, focused on the development and operation of mining and metallurgical projects.

Some of the projects that Jesús has participated in with Reyna Minas include: Pinzán Morado, Gro., La Natividad, Gro., La Negra, Qro., Navidad, Dgo., Rufus, Col., Tototlán del Oro, Jal., Morelos Sur, Gro. and others.

Through Reyna Minas he has provided technical support to a number of Canadian companies like: Aurcana Corporation, DLE Investments, Cayden Resources, Skeena Resources, La Camera Resources, Cortez Goldcorp, Minco Plc and others.

During his professional career, he worked 16 years for Fideicomiso de Fomento Minero, a development bank specializing in the mining industry, as Director of Regional Offices in Sonora, Sinaloa, Baja California and Baja California Sur States. He also held the position of Vice Director of Technical Assistance for the Medium and Small Mining Industry, visiting and providing support to many of the mining and metallurgical projects.

Oscar Navarrete Enciso, C.P. VP Finance Mexico

Portrait

Public Accountant with 15 years of experience in the Mining Field, he has collaborated on numerous mining projects across Mexico: La Negra, Morelos Sur, Guachinango, Matehuala, Rufus, Petlacala, Santa Gertrudis, Tototlán, among others.

Oscar have also actively provided accounting services and tax consultancy for companies such as Reyna Mining, Agnico Eagle Mines, Chaparral, LC Mines, Altiplano, Cortes Gold Corp, Imisa Minerales, Steinweg Mexico, among others.

Oscar is currently the CEO in Demex Asesores S de RL de CV, a firm focused on accounting, tax and labor; specialized in the mining filed, working with national and multinational companies.

He graduated from Universidad del Valle de México, Audit, and Tax Analysis Specialist.

David Berlanga Lopez, Commercial Sales Manager

Portrait

David Berlanga López as Telson’s Commercial Sales Manager is responsible for the entire process of commercialization of the concentrates and metals produced by Telson’s subsidiary companies. With a BA in Marketing and International Business and a Masters Degree in Business Administration and Finance he brings 14 years of experience in the mining industry.

He has been involved in the commercialization of concentrates for Minera La Negra and currently collaborates with Reyna Mining in the areas of Commercial Management, New Projects and Public Relations. He is also the commercial advisor for “Energéticos Nieto” in relation to the distribution and commercialization of fuels.

He is a member and representative of the AIMMGMAC - Association of Mining Engineers Metallurgists and Geologists of Mexico AC- of the Mexico District, and Member of the Mining Cluster of the State of Guerrero.

Guillermo Hernandez, M.SC. GEO, B.S. GEO Engineer
Reserves & Exploration Manager

Portrait

Mr. Hernandez has 10+ years of professional experience in all stages of mineral exploration both brown- and greenfield projects. He has participated in the discovery, acquisition and development of various mineral deposits including low-sulfidation epithermal gold-silver systems, copper-gold and polymetallic skarns. Mr. Hernandez has a vast experience in Mineral Resource Estimations and Geostatistics in different types of deposits. He has worked for Minaurum Gold Inc. a Canadian-based junior exploration company and Servicios Industriales Peñoles as Project Geologist in both companies. He held a Research assistant position in the Institute for the Study of the Earth’s Interior, Okayama University, Japan. Additionally, he worked as Chief Geologist at Candiani Mining Investment Bank giving technical support to Mineral Evaluations, Mergers & Acquisitions, as well as exploration management.

Prior to joining Telson, Mr. Hernandez was Gold Resource Corporation’s Chief Exploration Geologist for Mexico with strategic and sustainable exploration, and Reserves and Resources management as his main responsibilities. He holds a BS degree with honors in Geological Engineering, 2005, and a Masters in Geology, 2009, from the Universidad Nacional Autónoma de México, Mexico City, Mexico. Mr. Hernandez is an active member of the Society of Economic Geologists, Geological Society of America and the Mineralogical Society of America, and he has published and contributed in several research papers in the fields of Geology and Geochemistry.