Lessard, Copper-Zinc-Silver Project

The Lessard property, located approximately 107 kilometres north of the town of Chibougamau in the province of Quebec, comprises 111 claims for 2,277 hectares. Lessard hosts a copper-zinc-silver deposit with a historic resource reported in a feasibility study in 1975 by Selco Mining Corporation Ltd.

In September 2008, a resource estimate compliant to NI 43-101 was completed on the Lessard deposit. The resource estimate reported 740,000 tonnes at 1.88 per cent. Cu, 3.50 per cent. Zn,

38.62 g/t silver and 0.84 g/t gold using a net smelter return (NSR) value of US$206.52. All of the resource is in the Inferred category. The Lessard deposit remains open down dip. No exploration was carried out on the Lessard property during this past year.

Planned: A field reconnaissance, mapping and sampling campaign is programmed for the Lessard property during Q4 2011.

Related Press Releases:

For further information and drilling results please consult the following press releases:

30-04-2008 - Lessard Drilling Update
16-10-2006 - Lessard Drilling Report
09-05-2006 - Progress Report