Copper Mountain Exploration Target

Outlook

The Company is optimistic that this project can be back in production in 2010 to take advantage of the strong metals markets.

The Company is currently proceeding with a preliminary assessment report which is expected to be completed in the fall of 2007, which will be followed by a feasibility study which is expected to be completed in early 2008.  The Company is optimistic that this project can be back into production in 2010 to take advantage of the strong metals market.  This in turn will provide production certainty for the shareholder, while also providing significant exploration upside as the balance of this 18,000 acre property is fully explored.