COLORADO

Piceance Basin

The Piceance Basin project is a 5,120 acre property located in the center of the Piceance Basin, Colorado. Under the Drilling and Development Agreement the Company has committed at a minimum to drill 4 wells in year 1, 8 wells in year 2, and 12 wells in year 3. The Piceance Basin with an estimated 300 trillion cubic feet (TCF), is considered the largest gas play in North America.

The qualified person for this project is Letha Lencioni.

Related information

Completion Procedure for Typical Piceance Basin Well

Photos from the Piceance Basin

Piceance Basin 51-101 Full Report
Piceance Basin 51-101 Summary
Piceance Basin Figure Four - location/claim map
Piceance Basin Figure Four - cross-section
Piceance Basin Figure Four - structural cross-section



Related media stories
Marathon Oil pays $354 million US cash for property in Garfield County, (Piceance Basin) read the story >
Berry Petroleum acquires 50% interest in West Piceance Basin for $150 million in cash read the story >

BRITISH COLUMBIA

Groundhog Coal Fields

Weir International Mining Group has prepared a new NI 43-101 Technical Report on the Groundhog property to incorporate several changes that have occurred on the property since the initial report was submitted on SEDAR in August 2005. Since that time, the drilling and testing plans have changed, and higher drilling costs have been estimated. The Company has rationalized its holdings throughout the property. The new drilling plan is focused on drill locations that are believed to be the most optimal for the sampling and analysis data that is required.

The Company has in the past disclosed speculative and hypothetical coal resource figures on its Groundhog coal property. The category of speculative or hypothetical resources does not exist under NI43-101 reporting guidelines.

For more information please download and read the new Groundhog Technical Report.

Related News Release - August 21st, 2007

The qualified person for this project is Tom A. Tveten, Chief Geologist

NORTHWEST TERRITORIES

Tulita Coal Prospect

For more information, please read the NI 43-101 technical report.

The qualified person for this project is Tom A. Tveten, Chief Geologist

Related Information
News Release May 24, 2007

NUNAVUT TERRITORY

Nunavut Coal Prospect

For more information, please read the NI 43-101 technical report.

The qualified person for this project is Tom A. Tveten, Chief Geologist

Related Information
News Release May 24, 2007