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Message: Monthly progress report: October

Chauncey

In the November 01st news release the following statement in regards to the assays was announced.

Here it is......

In other news, the Company reports that it has received the assay results from eight diamond drill holes from the summer program announced in the Press Release dated August 18, 2011. The drill program tested the airborne geophysical anomalies on the claims in the eastern portion of its Ring of Fire Project claims located between approximately 30 km and 60 km northwest of the Webequie First Nation community. The Company believes that all of the anomalies tested in this portion of its Ring of Fire Project drilling were explained and no economic tenors of mineralization were encountered. The Company is currently planning to drill test a number of other airborne geophysical anomalies (delineated in its 2010 VTEM survey) in its Ring of Fire Project. These anomalies are on claims situated between approximately 30 km to 60 km southeast of the community of Kasabonika Lake First Nation.

.......RL

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