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Bobjo

December 11th, 2006 – The Corporation along with its 50 / 50 joint-venture partner Mainstream Minerals Corporation, announced a number of additional new results received from Accurassay Laboratories in Thunder Bay, Ontario from the earlier surface sampling program at the Bobjo Mine, Earngey Township, Red Lake District, Ontario. Surface grab sampling at one vein, with a width of up to approximately 6 metres, returned ultra high-grade gold values of up to 2,942.7 g/t (85.84 oz/t) and 806.9 g/t (23.54 oz/t) from amongst the samples taken. Other veins and stringers also returned very high-grade gold values including 55.34 g/t (1.61 oz/t), 42.65 g/t (1.24 oz/t), 42.37 g/t (1.23 oz/t), 36.89 g/t (1.07 oz/t), 36.23 g/t (1.05 oz/t), etc. These results were in addition to those announced earlier on December 1st, 2006. At the time of both of these announcements, more claims were being staked (another 69 unpatented claim units) and a geophysical survey (Mag / VLF) was to be carried out over the entire land mass as well as over the ice on both sides of the peninsula. The partners noted that they were extremely pleased with these developments, especially with the discovery of these new ultra high-grade gold-bearing veins that have never been seen or tested before. The area has a history of gold and base metal production going back as far as 80 years and the work presently being carried out by the partners represents the commencement of the first modern, systematic exploration of this property.

The batch of surface grab samples results announced on December 11th, 2006 for the Bobjo Mine were as follows:

Gold oz/t Gold g/t
0.069 2.370
1.057 36.253
0.049 1.669
85.840 2,942.765
0.014 0.479
0.014 0.492
0.053 1.811
0.391 13.402
0.002 0.069
0.316 10.848
1.236 42.373
0.020 0.693
0.299 10.240
0.457 15.675
1.244 42.655
1.076 36.890
0.611 20.955
0.069 2.351
0.164 5.634
0.024 0.825
0.002 0.079
1.614 55.341
23.540 806.990
0.370 12.676
0.008 0.274
0.291 9.990
0.286 9.805
0.012 0.397


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  Exploration Properties Index

Headway Group
Red Lake, Ontario
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Halkirk - Watten
North Rock Area Project
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Raleigh Lake
Ignace, Ontario
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