Saint-Fabien Property

The Nicholas-Rioux #3  Showing is located 4km from the Mine Roy-Ross. In 1962, L. Juteau published a historical estimate of 130 Kt @ 42.5% BaSO4 for the Mine Roy-Ross3.

The reader is cautioned that no qualified person has done enough work to classify these historical estimates as current mineral resources or mineral reserves and the Company is not treating the historical estimates as current mineral resources or mineral reserves. As most of the historic core and drill logs used to estimate the historic resources of the Mine Roy-Ross are presumed to be lost, the deposit needs to be entirely re-drilled and a new resources estimated to confirm the historic estimates.

3Juteau, L., 1962, Rapport concernant un groupe de claims miniers situés dans la Seigneurie Nicolas Rioux Paroisse St-Fabien, Comté de Rimouski, Province de Québec- Propriété de Les Mines Roy Ross Inc., Rimouski, Québec : Laurier Juteau Ingénieur Conseil, 29 p. (GM 12740)