You might have to take this joint venture project that is expected to be signed off in early this week. Thereafter, drilling will be commenced shortly. A drill is already on-site. The area covered by the joint venture is highly prospective for Ni-Cu-PGE and chromite-PGE deposits and the presence of strong geophysical targets indicates the potential for new discoveries on these claims. Good drilling results will help both company investors, but I believe PRB will be benefited more as PRB has only 33.6 million o/s, $4.1million in cash and shares are held tightly by insiders and strong hands.

I believe the chance to find new chromite & Ni-Cu PGE deposits is really high based on the following facts:

1) Thanking to the neighbour exploration companies, proven Chromite discoveries are only about 200m away from the Big Daddy chromite zone and 1Km from Black Thor chromite zone.

2) VTEM and other AEM conudctors showed strongest anomaly found in 800m strike length adjacent to FWR and KWG/FWR/SPIDER jv properties.

3) Blackbird 1&2 Chromite discoveries were confirmed on the 14Km trend.

4) The chromite occurrences can be traced for approximately 20km in a northeast direction, along which two of the Probe-Noront joint venture claims blocks.