The Company plans to expand the grid and carry out a ground geophysical Induced Polarization (IP) survey to locate areas of greater sulphide mineralization beneath the overburden. Gold mineralization often increases in areas where there is an increase in sulphide minerals, such as pyrite. Targets identified in the IP survey will then be prioritized for drilling to test their gold potential.

As part of the Company's on-going initiative to focus resources on the most favourable exploration targets and properties, a review of historical work, recent drilling, and airborne geophysics for the West Extension of the Abitibi East property has been completed. Based on the results of this review the Company has decided drop the West Extension part of the property and focus resources on the Abitibi East - East Extension.

The Company is also currently conducting a review on the potential of it Shillington Gold property located 60 km southeast of Timmins, Ontario. Work done by the Lavigne Silver Mining Company in 1911 encountered 1.25 oz/t gold over 30 feet. An exploration update and Company plans for the property will be released shortly.

Peter Caldbick, P.Geo. and Kevin Montgomery, PGeo., are the qualified persons for the purposes of National Instrument 43-101 for the Company's Abitibi East Project. The technical contents of the press release have been reviewed and approved by Peter Caldbick.