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Activities to date have included geophysics, trenching, sampling and drill results on six drill holes. The results will permit the Company to focus on a more defined area to determine the nature, extent and quality of mineralization.

The discovery of angular boulders in the Spring of 2010 with grades up to 23.4%Zn and 2.74%Cu led the Company to execute a power stripping programme over some 150 metres strike length. This work, in what is referred to as the main trench, exposed a distinctive, highly altered volcaniclastic unit showing numerous fragments of jasperoid, widespread disseminated sulphides and local bands of massive pyrite.

The Company intends to focus future exploration activities on determining the source of the mineralized boulders. Channel sampling by Fancamp reported 1.32g/t gold over 4.0 m, including 4.0g/t gold and 0.61%Zn over 1.0 m. Assay results from Fancamp hole ST-10-06, drilled some forty five metres beneath this occurrence, reported 6.21g/t Au over 4.2 m, including 22.4g/t Au, 7.73%Zn, 1.73%Cu, 2.62%Pb and 231 g/t Ag over 1.0 m. It is notable that high mercury, indium and tellurium values occur within this 1 metre interval and suggest epithermal mineral assemblages typical of many high grade Nevada gold deposits. The prospective VMS horizon has a strike length of about 1,200 metres and is the focus of current drilling. Previous exploration work by Phelps Dodge in the 1990’s,which reported 6.34%Cu over 5.1m in a shallow drill hole, provides additional evidence of the potential for a massive sulphide body, and the accompanying extensive black chlorite alteration together with a coincident strong Bouger gravity anomaly, supports this view. The first five holes of the programme, drilled on geophysical targets, did notintersect significant mineralization. Three of these holes are located 6.5 km NE of the main trench; two lie at either end of the 1,200 metre VMS horizon.

The Company will be drilling shortly on the Jackson gold showing, which lies immediately south of the present target area. The showing is a long known occurrence, dating back to the 1880’s and consists of gold mineralization in sheeted quartz vein systems cutting a highly altered tonalite granite intrusion.

The Company has an option to earn a 100% interest in 117 claim units which include a prospective copper zinc VMS trend located approximately 54 miles south of the Company’s Beauce gold property. The north block contains six mineralized lenses spread out along a strike length of approximately 6 km as well as a further 10 km of favourable strike length to the southwest which has not previously been tested.

The south block covers additional prospective stratigraphy. The Company also acquired an additional 129 claim units by staking. A VTEM survey has been undertaken and in July, 2010 the Company began a 2,500 metre plus reconnaissance drill program to be done on this property and the Stoke Mountain Property.

Drilling on this property is underway with a second rig, some 100 km SE of Stoke. Initial targets include a strong conductor picked up on the recent VTEM survey and proximal to a group of mineralized boulders discovered by Noranda in 1995, returning grades up to 7.96% Zn and 0.21% Cu. A second priority target is a weak MAX MIN anomaly, apparently associated with a strong Zn in soil geochemical anomaly outlined by Noranda in 1995 and never tested. Both these targets are several kilometres away from the known mineralized lenses on this property.

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It is really difficult to know when results might be expected. Six holes were drilled (and assays received) as of 9/24/10. Were they 50m deep? 100m each? Assuming the latter, they maybe had ~1800m to drill between the two properties...50m-75m per day and drilling would finish 12-18 days from 9/24 (October 5-11th). So I would think that assays might not be available for another 2-3 weeks or so (assuming 6 week turnaround) at the earliest. This is all speculation on my part.

Cheers, Luker