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Discovered the largest diamond-bearing pipe in Ontario, the Lapointe Kimberlite, Temagami North project

Completed 3500 meter delineation program at the Lapointe discovery with over 440 diamonds recovered. Diamonds were present in all phases of the 23 hectare kimberlite.

Recommendation and preparation for a larger sample ( 20+ tonnes) be taken from the Lapointe pipe are now being evaluated. The company is anticipating to begin this test in mid 2007.

Quebec properties host 3 pipes and 2 new kimberlite bodies discovered by drilling

The projects have excellent infrastructure to support exploration and development. Roads, power and qualified workforce all in close proximity

Historic Diamond Exploration Agreement signed with the Timiskaming First Nation

Several high priority drill targets are identified for new discoveries