Board of Directors


Thomas Larsen has over 30 years of experience in the investment industry. He specializes in corporate finance and management of junior mining companies, and has raised in excess of C$150 million to date.


Francis Sauve is an entrepreneur based in south-western Ontario and has over 20 years of in-depth experience with publicly traded resource corporations as a director and investor. He joined Eloro Resources as an independent director in 2002 and is also a director of Cartier Iron Corporation (CFE-CSE).


Alexander Horvath is the President of A.S. Horvath Engineering Inc. and brings over 28 years of experience in mineral exploration and mining to Eloro. Mr. Horvath was recently Champion Iron Limited’s Chief Operating Officer, having joined Champion’s subsidiary company as a director in 2007 and as Executive Vice President, Exploration in 2008.


Dusan Berka has over 40 years of international experience in engineering, marketing and sales, and business administration. During the past 34 years, Mr. Berka has served as a Director and Officer of various public companies traded on the TSX, TSX Venture Exchange and the NASDAQ system in the USA.


Mr. Garratt brings more than 30 years of senior management experience in a range of industries, including oil exploration, development and distribution, mineral resource exploration and telecommunications. Mr. Garratt has buillt, owned and operated a telecom business in Venezuela during the 1990’s and from 2006 until 2012 he was Chief Executive of a mining exploration and production company in the United States. Additionally, from 2003 until 2016, Mr. Garratt was a non-executive director of several oil and gas production and distribution companies in Autralia. He has been actively involved in business as an investor or advisor in North and South America, Australia, Canada, and Sweden and he offers skills with a particular focus on business development and corporate governance. 


Richard Stone is Chairman and Chief Investment Officer of Stone Asset Management Limited, which he founded in 1999 following the launch of Stone & Co. Limited in 1995, where he continues to oversee the management, operations, and promotion of Stone Funds, Stone Flow-Through Limited Partnerships, and Stone Structured Products, as Chief Executive Officer.

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