ABOUT THE SOUTH THOMPSON NICKEL PROJECT


SOUTH THOMPSON PROJECT overview

Recently staked by Stuhini, 100% owned with 1% NSR.

1 block comprising 33,547 hectares.

In West-Central Manitoba near Grand Rapids and Easterville.

Situated along southern extent of Thompson Nickel Belt and across Winnipegosis Komatiite Belt.
Data disclosed in this presentation relating to historical sampling and drilling results is historical in nature. Neither the Company nor a Qualified Person has yet verified this data and therefore investors and interested parties should not place undue reliance on such data. In some cases the data may be unverifiable due to lack of drill core or open-workings. The potential quantity and grade of any exploration target in this presentation is conceptual in nature, there has been insufficient exploration to define a mineral resource and it is uncertain if further exploration will result in the exploration target being delineated as a mineral resource.

TEX 1 & TEX 2 TARGETS

TEX 1 and TEX 2 targets host significant coincidental electromagnetic (EM) and magnetic (Mag) anomalies from 2007 VTEM airborne geophysical survey.

Historic drilling by Falconbridge (1997) and Amax (1983) identified nickel mineralization in ultramafic intrusions at TEX 1 & TEX 2.

Drilling at TEX 1 by Falconbridge in 1997 (DDH WL97-183) missed the EM anomaly but still intersected 24m@0.35% Ni.

1983 drilling by Amax at TEX 2 (DDH GR-1-83) intersected 165m@0.32% Ni.