Grigg/Stobie Property (Ontario, Canada)

• 68 sq. km 100% owned property located approximately 55 km northeast of Sudbury.
• acquired in 2010 following a comprehensive review of the Southern Cobalt Embayment of the Huronian Supergroup by the Company and its South African advisors.
• identified as having similar stratigraphy to Pardo. 
• historically explored for their uranium potential by prior owners (in 1950s and 1960s, following discoveries at Elliot Lake).
• no assessment of gold potential was undertaken by prior operators. Given discovery at Pardo, considered very likely that these conglomerates are also enriched in gold. 
• Characterized by extensive reworked conglomerates, with large zones of enriched uranium mineralization.

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