Project BurntbushThe Burntbush Project is comprised of a total of 45 claim units covering a nominal 10,500 hectares as two contiguous claim blocks. Interest in the area relates to the gold and base metal potential of this under-explored greenstone belt. Recent airborne geophysical surveys, combined with new geological observations and interpretations suggest that the western extension of the Casa-Berardi Deformation Zone (“CBDZ”) is located within the Nebu staked claims. The gold deposits at the operating Les Mines Casa-Berardi gold mine are located within the CBDZ, approximately 30 km east of the Burntbush Project. Compilation of historical assessment work will precede field work. A first stage exploration program to commence in August will feature geological, geochemical (including overburden drilling) and geophysical surveys, at an estimated cost of $400,000. Subsequent to the quarter ending, the Company has hired Geotech Ltd. To complete a helicopter-borne geophysical survey over approximately 1356 line-kms over the two survey blocks. The survey has since commenced using the VTEM System. Recent Update Analyzing geophysical surveys and planning drill program for 2010
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