The new claims cover a strong copper-nickel-PGM target recently outlined by the Ontario Geological Survey from a high density lake sediment and water geochemical survey completed during 2006 and highlighted for further investigation in the Ontario Government’s Recommendation for Exploration 2009-2010.

A cluster of first order lake sediment chromium-nickel anomalies are coincident with magnetic highs in the Parks Lake area and the claims were staked in order to acquire mineral rights to possible source areas for the interesting geochemical anomalies.

Prospecting and geophysical surveys to be conducted over the Rencore claims will attempt to outline drill targets within the very broad, multi-site Cu-Ni anomalous area trending in a south easterly direction for approximately 30 km. The Company considers this a very interesting MMS type copper-nickel exploration target as exemplified elsewhere in the province within mafic to ultramafic intrusive rocks.

An airborne EM survey will be contracted to Geotech Ltd. of Aurora, Ontario to locate conductive targets for ground follow-up work in the current field season.

Richard Nemis, President and CEO of the Company reports this property acquisition is the first of several exciting exploration opportunities under consideration by his Rencore exploration team consisting of several former explorationists associated with him during their recent "Ring of Fire" discoveries now being considered for development in the James Bay Lowlands of Ontario.