Kenty-Delta Ungava

Metals of interests:  Nickel, Copper and PGM

Ownership: 49% Melkior 51% Xstrata

Location :   75km west south-west from Xstrata's airstrip at Donaldson and 100km south south-east of the tow of Salluit, Quebec.

Surface area :  41 claims for a surface area of 6.56 km2

Highlights :

These claims covers the Lake Kenty Ni-Cu deposit containing a non NI 43-101 compliant historical resource of 817,600 tonnes at 3.05% Ni, 1.26% Cu, 0.22 g/t Au, 1 g/t Pt and 1.65 g/t Pd (1997 Falconbridge) in 3 mineralized sub-vertical zones described below;

D-8 North Zone     Strike of 250 m; Width of 55 m; Depth: from surface to 250 m;

                               463,500 Tons @ 3.17 % Ni and 1.2 % Cu,

D-8 South Zone     Strike of 180 m; Width of 45 m; Depth: from 60 m to 210 m;

                               244,700 Tons @ 2.36 % Ni and 0.9 % Cu

D-9 Zone                Strike of 90 m; Depth: near surface to 120 m;

                               109,400 Tons @ 4.08 % Ni and 2.36 % Cu

PROPERTY LOCATION