November 28, 2007 Concluded that the geochemical anomalies that were discovered from the original soil sampling survey conducted during Q1 were explained by drilling as being derived from an ultramafic (peridotite) intrusive that resides in the hanging wall to the massive sulfide units. No significant values for base or precious metals are contained within this peridotite. Additional geophysical and geochemical analyses to be completed in the near future.
September 7, 2007 Announced the completion of a four holes drilling program. A total of 222.6 feet of massive to semi-massive sulphide were discovered in three of the four holes, with the thickest intercept of 131.1 feet occurring in DDH BLS-1. Assays have been received for three of the four holes indicating that there are no significant base metal concentrations. The fourth hole, was not assayed. Only trace amounts of chalcopyrite were noted in the core samples from this hole.
June 25, 2007 Announced the commencement of a drill program on three high priority nickel-copper magmatic targets.
