TETAGOUCHE PROPERTY

The Tetagouche property comprises approximately 16,000 hectares in the heart of the Bathurst Mining Camp in northeastern New Brunswick. The property contains 6 historic massive sulphide deposits (non 43-101 compliant) and numerous base-metal occurrences, largely explored during the 1960’s and 1970’s.

Brunswick No. 12 is one of the world’s premier massive sulphide deposits with a global reserve (including those previously mined) of at least 100 million tonnes at a grade of 3.65% Pb, 8.99% Zn and 100 g/t Ag. In addition to Brunswick No. 12 there are over 30 other Volcanogenic Massive Sulphide deposits in the Bathurst Mining Camp, some of which have been previously mined, attesting to its world-class endowment and mineral potential. Currently, there are 2 development projects ongoing in the Bathurst Mining Camp; potential reopening of the Caribou mine and mill complex by Trevali Mining Corporation, and an ongoing prefeasibility study at the Murray Brook deposit being completed by joint-venture partners Votorantim Metals and El Nino Ventures Ltd.

RESOURCES

At this time there is no qualified resource estimate for this project.