Behre Dolbear Group Appoints Karr McCurdy as Chief Operating Officer

DENVER, June 7, 2011 -

Behre Dolbear Group has appointed Mr. Karr McCurdy Executive Vice
President and Chief Operating Officer of the renowned minerals advisory firm.
Mr. Bernard Guarnera, now President and Chairman, will remain head of the
corporation until December 31, 2011, when Mr. McCurdy will become President
and CEO. "The change in management further enhances Behre Dolbear's ability
to meet the expanding requirements of its clients and supports the growth of
our business groups," said Barney Guarnera.

"This change will foster valuable international opportunities," said Karr
McCurdy, formerly President and CEO of Behre Dolbear Capital, Inc. "With
Barney's on-going support on the Board and as a key Associate, we will
continue to expand our service capabilities through strategic initiatives
such as our Mongolian joint venture as well as through the organic growth of
our independent technical, engineering, financial, management consulting, and
environmental and social risk management companies. We have a tremendous
service platform and unparalleled global reach across all mineral commodities
to serve and add value to our clients."

Mr. McCurdy's career has evolved over the last 30 years from hands-on
geologic, operational, and project development roles to finance, where he has
been a champion of mine development globally.

Prior to joining Behre Dolbear, Mr. McCurdy was the global head of mining
and metals for Standard Chartered Bank, where he built its international,
sector-focused banking and advisory practice. He also held other senior
banking positions in particular with Citigroup where he directed its global
mining focus for 13 years. He has been a leader in developing business
strategy and client relationships, portfolio and risk management, product
development, structuring transactions, and technical due diligence. Mr.
McCurdy also has considerable experience in the metals sector including
steel, aluminum, ferro-alloys, and specialty metals including titanium.

Behre Dolbear, celebrating its centennial this year, is one of the oldest
continuously operating mineral industry advisory firms in the world and now
operates in 12 important mining centers worldwide. Visit our website at
www.dolbear.com.

Laura Jensen, VP, Client and Shareholder Services of Behre Dolbear Group Inc., +1-720-320-3124, Fax, +1-303-620-0024