Property History

The project hosts a metallurgical coal resource of 38.5 million tonnes as reported by Gardner Exploration Consultants Ltd., in their technical report dated July 2001. Drilling from 1975 to date on the property includes 73 holes totaling 13,500 meters of drilling. In addition, 13.6 kilometers of seismic surveys were completed in 1996. Historical production from a portion of the property totaled 2 million tons of coking coal during the period 1949 to 1966. Preliminary reports indicate that the coal is of good quality and has a 13,680 Btu/lb, Ash of 9.5% (washed) and a free swelling index of 8.

Adit #1 being rehabilitated to mark the start of the 2006 exploration program.