On October 4, 2011 our company issued a press release announcing that on September 30, 2011 the Supreme Court of British Columbia upheld the appeal of our company to hold the meeting of our shareholders on May 11, 2012, or such other date as determined by our company's board of directors, along with the annual general meetings of our company for the years 2009, 2010 and 2011.

In our press release we also provided and update as to our Nolan Creek property in Alaska.

Further information is set forth in the Press Release, which is attached hereto as Exhibit 99.1.

The foregoing summary of the Press Release does not purport to be complete and is qualified in its entirety by reference to the full text of the Press Release, a copy of which is filed herewith as an exhibit and incorporated by reference herein.