Ann: Acquisition of the McCleery Copper-Cobalt Project, Canada, page-3

Very interesting acquisition.

HIGHLIGHTS

• New claims staked covering ~9km2 to secure a 100% interest in the McCleery Copper-Cobalt Project in the Yukon Territory, Canada

• Project targeted following a review of all historic cobalt occurrences in the Yukon

• Previous exploration focused on copper mineralisation, with rock samples assaying up to 15.6% Cu and 420 g/T Ag

• Historic reports indicate only one sample from the Project has ever been assayed for cobalt - returning 0.76% Co and 14 g/T Ag

• Multiple occurrences of cobalt bloom (secondary cobalt) and cobaltite (cobalt sulphide) are reported; separated by approximately 1,000m of prospective strike

• The Project has not been explored since 1983 and has never been drilled

• No exploration focusing on the potential of the Project to host economic cobalt mineralisation has ever been undertaken

And the best part - minimal expenditure on the license!