Examination of previous programs on the McWatters Property revealed further information
than previously announced with respect to the results of vertical drill hole M-02-01 (press release:
April 25, 2002). Every second assay was reported when it was indicated that 160.6 feet assayed 0.11
g/t platinum, 0.42 g/t Palladium and 1.7% Nickel.
These above assays do not reflect the complete
mineralized section of 312 feet. The weighted average assay over a mineralized core length of
312 feet (138.6 feet to 450.6 feet) was: 0.11g/t platinum, 0.28 g/t palladium and 1.43% nickel.
Anomalous values of copper and cobalt were also located.
Also, within the hole a new zone of