----- Forwarded message from info@spiderresources.com -----
Date: Mon, 26 May 2008 11:02:56 -0400
From: info@spiderresources.com
Reply-To: info@spiderresources.com
Subject: From Neil Novak

The labs are all backlogged with samples. Having said this, the sample procedure for chrome is very complex, involving several steps. As presented in the last press release, there is a first pass multi-element analysis that indicates that yes there is anomalous chrome levels in certain samples from various holes. This merely lets us know that the respective sample has to re-tested using different, much more expensive, and time consuming methodology. The second process involves the use of INAA (nuclear activation, using a nuclear reactor to liberate the chrome from the silicates at the atomic level). This takes a few more weeks, but provides the correct analysis that can be released as total chrome content and total Cr2O3 content. Spider does not give out partial or incomplete results, nor do any of the other explorers in the McFaulds Lake area. Hole
FWR-08-05 underwent the first analysis as it was the first one through the system being the first hole drilled this program, and was cued early to get to the reactor, the results from Hole 5 were released within a day of receiving the final assay. Hole 6 and 7 drilled later have also undergone the first analysis and are currently in the cue for the reactor, these results will be released once we receive them, not before. No, I do not call the lab every day. They report to me immediately of all preliminary results as they become available, not before. Unfortunately that is the way it is, you need to get the results before you release them. The time lag has no bearing whatsoever on the values of the samples.

Neil Novak, P.Geo.
President Spider Resources Inc.