Ring of Fire Exploration § Located within Ontario’s Far North § Remote, wet (edge of Lowlands), no power or access Chromite intersection, Big Daddy deposit, KWG Resources Inc./Cliffs Natural Resources Inc. COMPANIES WITH CLAIMS IN THE RING OF FIRE AREA Ekwan River 10 19 SIGNIFICANT MINERAL DISCOVERIES IN THE RING OF FIRE AREA: § Copper-zinc § Nickel-copper-platinum § Chromium-iron-vanadium § Gold Drill sites next to stripped outcrop of the Black Thor chromite deposit, Cliffs Natural Resources Inc. 6 25 32 1 10 18 11 19 18 1 19 11 16 18 3 1 4 1 19 Winiskisis Channel Lastcedar Lake 3 1 15 18 12 4 20 Garrioch Lake Plant Lake McMurdo Lake Odobas Lake 4 21 1 9 Area of 1 anticipated development 3 20 7 Bourgeois Lake 27 4 10 8 7 8 9 12 12 ! . Thunderbird Muketei River 9 NORONT 13 Black Label 17 20 Kilometers of 5000 km § 35 companies currently hold claims in the Ring of Fire belt § Area of most intense exploration is 12-20 km long § Chromite and nickel the most significant development opportunities 10 33 31 14 1 3 2 13 8 Byrne Lake 5 7 1 3 5 29 5 15 2 9 5 9 34 26 5 3 Malloy Lake Ekwan River Franklin Lake 0 28 16 Farrow Newstead Lake Lake Attawapiskat River 1 9 Deugo Lake 1 12 16 3 13 2 4 Kirstine Lake 8 Leaver Lake Prime Lake Wapitotem River 15 20 1 Ekwan River Stockman Lake Winisk Lake Muketei River 18 Winisk River § Approx. 30,000 claim units, covering an area 22 Attawapiskat River Streatfeild River Black Thor Gleason Lake CLIFFS/FREEWEST 6 Black Creek PROBE MINES LIMITED Map reference number, claim holder name Polished nickel-copper-platinum mineralization, Eagle’s Nest deposit, Noront Resources Ltd. ! . CLIFFS/FREEWEST ! . ! . 18, RING OF FIRE RESOURCES INC. 1, NORONT RESOURCES LTD. 19, TEMEX RESOURCES CORP. 2, MELKIOR RESOURCES INC. 20, CASEY ENTERPRISES INC. 3, MACDONALD MINES EXPLORATION LTD 21, GREENSTONE EXPLORATION COMPANY LTD. 4, TRIBUTE MINERALS INC. 22, MACDONALD MINES EXPLORATION LTD and RING OF FIRE RESOURCES INC. and TEMEX RESOURCES CORP. 5, KWG RESOURCES INC. and SPIDER RESOURCES INC. 23, RENFORTH RESOURCES INC. 6, HUDSON RIVER MINERALS LTD. 24, PEPLINSKI, MICHAEL WALTER 7, JAMES BAY RESOURCES LIMITED 25, LODER, KEVIN DALE 8, PLATINEX INC. 26, FREEWEST RESOURCES CANADA INC. and SPIDER RESOURCES INC. 9, PROBE MINES LIMITED 27, MACDONALD MINES EXPLORATION LTD and RING OF FIRE RESOURCES INC. 10, 52/86 NORTHWEST COMPANY LTD. 28, GEOTEST CORPORATION 11, ABITIBI ROYALTIES INC. 29, FANCAMP EXPLORATION LTD. 12, CANTERRA MINERALS CORPORATION 30, MANTLE DIAMONDS CANADA INC. 13, MACDONALD MINES EXPLORATION LTD and TEMEX RESOURCES CORP. 31, HODGE, HARRY J. 14, UC RESOURCES LTD. 32, GOLDEN VALLEY MINES LTD. 15, SPIDER RESOURCES INC. 33, CANDOR VENTURES CORP. 16, METALEX VENTURES LTD. 34, FREEWEST RESOURCES CANADA INC. 17, CANADA CHROME CORPORATION 35, SHEWAYBICK, DONALD ! . Big Daddy KWG–SPIDER–CLIFFS/FREEWEST Eagle's Nest NORONT ! . ! . NORONT Blackstone Blackbird One NORONT Eagle Two NORONT 0 1 Blackbird Two . NORONT .! ! . ! .! Deposits Triple J NORONT 2 4 Kilometers Koper Lake 6 ! . ! . ! . ! . Chromium Nickel-copper-PGE Vanadium Gold Ring of Fire Ultramafic Intrusion Location of some of the deposits in the Ring of Fire
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