Iron Exploration
in Canada

In May, 2007 drilling by the Company intersected 1.14% nickel over 72.45 metres, including two separate heavily mineralized intervals of 2.23% Nickel (Ni), 0.22% Copper (Cu), 0.20 g/t Platinum (Pt), and 0.50 g/t Palladium (Pd) over 17.50 metres of drill core, and 1.74 % Ni, 0.12% Cu, 0.20 g/t Pt, and 0.47 g/t Pd over 13.10 metres of drill core.

Drilling to date on the Langmuir W4 nickel discovery has established three parallel nickel bearing zones (A, B, C) within altered peridotitic komatitic flows. The nickel sulphide mineralization consists of primarily pentlandite-pyrrhotite occurring as fine disseminations, fracture fillings, and blebs. Higher nickel values of up to 5-7% occur where sulphide concentrations increase to 30 or 35% (semi-massive). Locally massive sulphide sections are present grading up to 17.9% Ni.

The nickel zones range in true width from 2 to over 18 metres and have been followed along strike for 200 metres and to a vertical depth of 250 metres. The A zone comes to surface with only 5 to 10 metres of overburden cover. Thus far the deepest nickel intersection is on the C zone at about 375 metres below surface. All zones are open at depth below 400 m vertical. The zones dip subvertically to the north and may roll and dip toward the south according to geophysics.