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ATIKWA LAKE PROJECT - HIGHLIGHTS

• Southern Open Pit Maybrun Zone - Inferred Mineral Resources 3,000,000 tonnes @ 1.18% Cu (~71 million lbs. Cu) and 2.5 g/t Au (~240,000 ozs Au)
• OPW hole AT-08-001 intersected 183M at 0.389% Cu and 1.57 g/t Au
• OPW hole 05-6 intersected 2.85% Cu and 2.84 g/t Au over 27.35 meters in 2006

62 holes have been drilled on an ongoing 70 hole regional and infill drill program at OPW’s Atikwa Lake property, NW Ontario, where 3,000,000 tonnes of 1.18% Cu and 2.5g/t Au of Inferred Mineral Resources have been reported in an open pit zone. Hole AT-08-001 (P-1) and other historic drilling indicates that this historic resource is significantly understated based on current copper and gold prices.

As a result of the recent drilling within and immediately adjacent to the Maybrun deposit, and all historic drilling, both totalling an aggregate 265 holes on the Maybrun deposit, as well as IP geophysics over the Maybrun zone and two underground headings that bisect the Maybrun deposit for about 500m long at the 45m level and the 85m level, the Maybrun zone and deposit is now interpreted to reside in an overall potential open pit zone of approximately 700m long by 100m wide by up to 175m deep. Further drilling is required to determine continuity of the gold and copper mineralization within the larger area that now appears to be part of the Maybrun deposit and overall potential Maybrun open pit zone.

Assays are pending from 14 of the 26 holes drilled to date under the current program at Atikwa Lake. 13 of these holes have been drilled on the Maybrun zone and have intersected geology and sulphide mineralization typical of the Maybrun zone. One of the 14 holes, AT-08-23, from which assays are pending, was drilled on an IP anomaly on line 800N approximately 350m west of the Maybrun zone. This hole has intersected a section over 25.7m of core length containing 1.5 to 6% sulphide mineralization primarily consisting of pyrrhotite and minor amounts of chalcopyrite.