Some of today’s hottest exploration results in Canada (April 01, 2008)

Diamonds

AVIAT. Melville Peninsula, NU. Stornoway Diamond (74.1%), BHP Billiton (15.9%) & Hunter Exploration (10%) www.stornowaydiamonds.com Latest 20-t sample yielded 162 cpht.

EKOMIAK V. James Bay, QC. Metalex Ventures www.metalexventures.com, Dianor Resources (30%) www.dianor.com& Wemindji Exploration Recovered rare purple microdiamonds.

FORT LA CORNE. 60kmEof PrinceAlbert, SK. Shore Gold (60%) www.shoregold.com& Newmont Mining (40%) A 15.9-ct stone was recently recovered from the Orion kimberlite. New grade is estimated at 17.27 cpht.

GAHCHO KU. 300 km NE of Yellowknife, NT. Mountain Province Diamonds (44.1%) www.mountainprovince.com, De Beers Canada (51%) & Camphor Ventures (4.9%) Tuzo kimberlite resources now stand at 10.55 million inferred tonnes averaging 115 cpht with a value of US$57/ct.

PELLY BAY. Pelly Bay, NU. Diamonds North www.diamondsnorthresources.com Very high diamondcounts–607 stones in recent 107-kg sample from Tuktu-2 kimberlite.

Gold

TIMMINS. 30 km north of Timmins, ON. Black Pearl Minerals www.blackpearlminerals.com New NI43-101 report puts inferred resource at 362,090 t @ 8.0 g/tAu, or as much as 2.5 million oz.

WINDFALL LAKE. 100 km E of Lebel-sur-Quvillon,QC. Murgor Resources (50%) & Freewest Resources (50%), (Noront Resources can earn 25% from each of them) www.norontresources.com Hole 07-175 cut 143.3 g/t (4.18 opt) Au over a 3.22-m interval. YOUNG-DAVIDSON. Matachewan, ON. Northgate Minerals www.northgateminerals.ca Bonanzagrades–46.80 g/t Au over 9.1m–cut on eastern flank of Lower Boundary zone.

Potash

LEGACY. 80 km NW of Regina, SK. Potash One www.potash1.com Indicated resource is 36.8 million t and inferred adds up to 360.4 million t; more if solution mining is used.

Uranium

LAC CINQUANTE. Kivalliq District, NU. Kaminak Gold www.kaminak.com Signed MOU with Nunavut Tunngavik for exploration of deposit on Inuit land.

MATOUSH. Otish Mountains, QC. Strateco Resources www.stratecoinc.com New zone drilled; returned 4.48% U3O8 over 3.4 m.

MIDWEST NORTHEAST. Athabasca Basin, SK. Hathor Exploration (90%) www.hathor.ca Drills cut 5.29% U3O8 over 11.9 m. Adjacent to Midwest project belonging to Areva, Denison Mines and Ourd Canada.

Zinc-lead

BUCHANS (FORMER PRODUCER). 160 km SW of Grand Falls, NL. Buchans River www.buchansriver.ca Intersected 89.3 m of 2.44% combined base metals (1.41% Zn, 0.76% Pb, 0.27% Cu), 6.29 g/t Ag and 0.60 g/t Au.

DANIELS POND. 160 km SW of Grand Falls, NL. Royal Roads Corp. www.royalroadscorp.ca Recent drilling cut 12 m of 4.37% Zn, 2.83% Pb, 0.38% Cu, 1.98 g/tAu and 100.4 g/tAg. New resource estimate in works.