Targeting multi-million high-grade oz. in Quebec

Windfall Lake Property, located near Val d'Or, Quebec: Indicated 538,000 oz. (10.05 gpt) / Inferred 822,000 oz. (8.76 gpt) (July 2012)

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Message: Reason for no news lately explained

The transfer of Dr Desrochers from Murgor to EAG, as chief geologist, explains why there has been little news lately - Murgor has completed its time as operator of the exploration program and from now on EAG will be the operator at Windfall. Likely there will be news released once the shuffling is complete.

Significantly, the man who must know the most about the property geologically has tied his fortunes to us, so there is good news coming.

EAG has also begun the process of taking ownership of the property. Currently at 10%, with options to 100% of NOTs ground there. NOT will retain a NSR only, unless we buy that too.

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