ann. beaver results confirm potential lrge pge

5th November 2007 ASX Announcement ASX: MMB

BEAVER LAKE RESULTS CONFIRM POTENTIAL FOR A LARGE PGE
SYSTEM AT THUNDER BAY NORTH

KEY POINTS

• Encouraging preliminary PGE results have been received for a
reconnaissance drill-hole into the Beaver Lake magnetic anomaly, including
20.9m @ 0.53g/t Pt+Pd+Au and 15.0m @ 0.66g/t Pt+Pd+Au, which included
8.0m @ 1.00g/t Pt+Pd+Au.
• Encouraging PGE results have also been received for a drill-hole in the
southern part of the Current Lake magnetic anomaly, including 21m @
0.58g/t Pt+Pd+Au.
• Thick zones of PGE mineralisation have now been intersected by drilling in
three areas, each approximately one kilometre apart within a 5km-long
complex of magnetic anomalies, indicating potential for a large PGE
mineralised system.