The Company acquired a 100% interest in 304 mining claims comprising 30,775 acres. This property is immediately northwest at Falconbridge’s six year old Raglan Mine site and six outlined nickel/copper deposits. The nickel deposits in the Raglan Camp consist of clusters of sulphide lenses.

The Company entered into an agreement whereby the optioner could earn a 70% interest in the property by expending $620,000 over five years to 2009 in exploration expenditures.  The property was written down to a nominal amount.