Miminiska Lake Project - gold

PICKLE LAKE - ONTARIO

The Miminiska Lake property is located 115 kilometres to the east of Pickle Lake, Ontario and 180 kilometres to the southeast of the Placer Dome Musselwhite Mine.

The property consists of three blocks:

• Miminiska Lake – 28 patents and two claims for a total of 800 hectares,
  owned outright.
• Wottam – 20 claims for a total of 4,160 hectares, contiguous and along strike
  from Miminiska, owned outright.
• Frond Lake, 24 patents for a total of 485 hectares, owned outright and
  purchased in December 2005.

The mineralisation is hosted in iron formation in a similar setting to the Musselwhite gold deposit which has so far produced 1.4 million ounces with reserves currently estimated at over 2 million ounces.

A drilling campaign, completed in the Miminiska property in February 2005, succeeded in providing the depth extension of the mineralised zones to a vertical depth of 250 metres with high grade gold being intersected in most holes.

Landore has completed four drilling campaigns over the past two years on the Miminiska gold occurance with 47 NQ diamond drill holes for 9,349 metres, focusing on two potential shoots within a known 800 metre strike length.

Significant Drill intersections include:

• 40.2g/t gold over 2.4 metres; 9.7g/t gold over 4.3 metres;
• 9.8g/t gold over 2.2 metres; 9.8g/t gold over 3.5 metres;
• 132.1g/t gold over 0.5 metres