Shear Minerals Ltd. is a Canadian-based exploration company focused on diamond exploration in the Canadian North where it explores in established diamond districts and has discovered new ones. Shear currently has a portfolio of ten diamond projects, eight of which are drill-ready. The Company has advanced its 58%-owned Churchill Diamond property in Nunavut from a conceptual grassroots project to a new kimberlite district.

• The discovery of an economic diamond mine generates very large returns for shareholders.
• Canada is the world focus for diamond exploration.
• Shear has a control position in the Churchill Diamond Project in Nunavut, Canada, a top-ranked global diamond project.
• The project is located close to tide water and near extensive, serviceable infrastructure.
• An aggressive, integrated program is currently underway to locate the source of the outstanding indicator minerals on this target rich property.
• So far, Shear has drill-confirmed 41 kimberlites, including some large kimberlite pipes, and most with very little overburden.
• In 2005, diamonds, including macrodiamonds, were recovered from drilled kimberlites, outcrop, kimberlite float and one remarkable till sample. A clear octahedron diamond was also discovered at surface in beach sands, which is very rare.
• Shear also has an extensive diamond property portfolio of nine projects, seven of which are drill-ready