Board of Directors

Michael Winn

Chairman and Director

Mr. Winn is President of Seabord Capital Corp., which provides investment analysis and financial services to companies operating in the energy and mining sectors. He is also President of Seabord Services Corp., a Canadian company that provides management, administrative, and regulatory services to private and public mining companies. Prior to starting Seabord Capital in January 2013, Mr. Winn was President of Terrasearch Inc. (1997 to 2012) a predecessor company to Seabord Capital. He also worked as an analyst for Global Resource Investments Ltd. (1993 to 1997) where he specialized in the evaluation of emerging oil and gas and mining companies. Mr. Winn has worked in the oil and gas industry since 1983 and the mining industry since 1992, and is currently a director and officer of several companies operating in Canada, Latin America, Europe and Africa. Mr. Winn received a B.Sc. in geology from the University of Southern California.

David M. Cole

President, CEO and Director

Mr. Cole has over 30 years of industry experience, coming to EMX from Newmont Mining Corporation. At Newmont, he held a number of management and senior geologic positions, gaining extensive global experience as a project, mine, and generative exploration geologist in Nevada, Southeast Asia, South America, Europe, and Central Asia. Mr. Cole’s success as part of Newmont’s exploration team includes contributions at the world class Carlin Trend, Yanacocha, and Minahasa mines. Subsequently, he established and managed Newmont’s exploration programs in Turkey while also identifying early-stage acquisition targets in Eastern Europe. Mr. Cole specializes in developing new exploration ideas and opportunities, based upon solid technical expertise coupled with a keen business sense. He studied under Dr. Tommy Thompson at Colorado State University, earning an M.S. in Geology.

Brian Bayley


Brian Bayley is currently the President of Earlston Management Corp. (formerly Ionic Management Corp.), a private management company and a director of Earlston Investments Corp., a private merchant bank. Mr. Bayley is knowledgeable in areas of asset backed lending, corporate restructuring, natural resources and real estate. From 2003 - 2013, Mr. Bayley held various senior management positions with Sprott Resource Lending Corp., a publicly traded resource lending company. He has 30 years of public issuer experience and has held active senior management positions in both private and public natural resource companies and continues to serve as a director and officer for several private and public natural resources companies. Mr. Bayley holds an MBA from Queen’s University.

Brian K. Levet


Mr. Levet draws on over 40 years of diversified executive, management and director experience in mineral exploration, project startup, and mine development and operations. He began his career with Rio Tinto Rhodesia and Zimbabwe Iron and Steel Corporation. The majority of Mr. Levet’s career was with Newmont Mining Corporation from which he retired in early 2011. His distinguished career has been built upon a track record of team-oriented discovery success, with a number of these discoveries currently in production. He is recognized within the mining industry for exploration expertise and team leadership that resulted in a number of major discoveries, including the Batu Hijau and Elang copper-gold deposits in Indonesia, the North Lanut gold deposit in North Sulawesi, Indonesia, the McPhillamys gold deposit in New South Wales, Australia, as well as playing a significant role in the identification of Yanacocha as a world-class gold mining camp. Mr. Levet has a B.Sc. in Geology from the University of London.

Larry Okada, CA


Larry Okada is a Chartered Accountant in British Columbia and Alberta, as well as a Certified Public Accountant in Washington State. He has been in public practice with Deloitte’s, his own firm, and PricewaterhouseCoopers LLP for over 35 years. For more than 30 years, the majority of Mr. Okada’s clients have been public mining companies listed on the TSX Venture Exchange. He is  retired as CFO for public companies in 2016 and remains an independent director for several publicly listed companies. As an independent director, Mr. Okada’s extensive experience in accounting, finance, and corporate governance further strengthens the Company’s Board of Directors in these key areas.