Thanks Traps. Maybe we will hear more once the drill results are released.

Here are some notes from the Annual Statement:

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Things to watch for:

Hart construction planned for spring 2010

Redstone Mill: 1100 tpd = aim 1800 tpd in 3 mths time

Redstone Mine – fall 2009 = pre feasibility study at the 670 m level (before 508 m level)

McWatters – 3rd qtr 2009 – feasibility study using avg grade 0.49% Ni (cutoff .2% Ni)

Hart – late 2009 preliminary econ assessment

Fall of 2009:

Drilling of Redstone at 488 m level to 670m level

Drilling at 366 m level completed

Ongoing activities (awaiting news)

Lease for the McAra Cobalt project

News about the Hart mining lease (need to commence a perimeter survey of the mining claims)

Drill program for the additional targets near the Redstone, McWatters and Hart projects (fall of 2009)

Sothman – drill results pending analysis and news release about an anomaly approx 3km east from historical identified mineralization. Five drill holes tested the historical mineralization 300 m below surface.

McAra Lake-Ray Cobalt Project = 7 drill holes were completed at and near the exposed surface pits at the Ray Township site. All results are pending analysis and news results .