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1 MINING OPERATIONS IN ONTARIO The Ontario Mining & Exploration Directory contains contact information and operating statistics of hundreds of companies involved in mineral development and extraction in Ontario. Please visit the Ministry of Northern Development and Mines website to view the directory at Visit the Ministry of Northern Development and Mines website to view the Ontario Mineral and Exploration Statistics for information regarding Ontario's mineral exploration, development and production. It provides statistical information on Ontario Mines, volume and value of Ontario production, costs and resources used by the Ontario Mining Industry, Mining Claims, prospectors' licences, and work recorded in Ontario. Larger than France and Germany combined, Northern Ontario is a vast land of minerals, forests and freshwater lakes spanned by a high-speed advanced telecommunications network. The Sudbury Basin contains one of the world's largest deposits of nickel and copper. Ontario's gold mines, most of which are located in Hemlo, Timmins and Red Lake, produce about $1 billion worth of gold annually. Timmins is also the site of the Kidd Creek copper-zinc-silver deposit, one of the largest and richest volcanogenic massive sulphide deposits in the world. The Lac des Iles mine north of Thunder Bay is the only platinum-palladium mine in Canada. The far north region of Ontario has great geological potential but remains largely unexplored and undeveloped. Programs such as the Far North Geological Mapping Initiative are providing new geoscience data that will attract more exploration and development. Thunder Bay Mining Page 1 of 7
2 Ontario s geology: a snapshot Ontario covers more than 400,000 square miles. Sixty per cent of its bedrock is Precambrian Shield, the source of most of our metals, some industrial minerals and building stone. Major geological provinces and belts include the Archean Superior Province, the Grenville Province and the Southern Province; important elements of the Proterozoic Grenville, Penokean, and Trans-Hudson orogens; and the Mid-Continent Rift. Alkaline and kimberlitic igneous activity occurred during the Mid- Proterozoic and Phanerozoic eras. Our Precambrian rocks host gold and base metal deposits that rank with the best in the world. Source: Source: Thunder Bay Mining Page 2 of 7
3 Source : Thunder Bay Mining Page 3 of 7
4 THUNDER BAY SOUTH DISTRICT ACTIVITY Thunder Bay Mining Page 4 of 7
5 EXPLORATION ACTIVITY: Mineral exploration within the Thunder Bay South District continues to be strong with many companies focusing on the search for gold, uranium, copper-nickel-pgm, as well as VMS copper-zinc deposits. Several new exploration companies and a consulting firm have established offices in the City of Thunder Bay: Magma Metals Ltd., under the direction of Exploration Manager, Allan MacTavish, M.Sc., P.Geo; Zinifex Canadian Enterprises Inc. acquired 95% of Wolfden Resources Ltd.; and a new consulting firm, managed by Neil Pettigrew has been established. Thunder Bay Mining Page 5 of 7
6 Companies and individuals active within the area include the following: 1. Benton Resources Corp. 2. Brett Resources Inc. 3. Brian Fowler 4. Holbik/Agnico Eagle Mines Ltd. 5. Kaminak Gold Corp. 6. Ken Fenwick 7. Magma Metals Ltd. 8. Marathon PGM Corp. 9. MetalCORP Ltd. 10. North American Palladium Ltd. 11. Nuinsco Resources Limited 12. Phoenix Matachewan Mines Limited 13. RJK Explorations Ltd./GLR Resources Inc. 14. RPT Uranium Corp. 15. Sabina Silver Corp. 16. Teck Cominco Limited Source: Thunder Bay Mining Page 6 of 7
7 THUNDER BAY NORTH DISTRICT ACTIVITY (Monthly Activity Summary, August 2007) Legend for Exploration Map: 1. Kodiak Exploration Limited (Eva property) (Au) 2. Kodiak Exploration Limited (Hercules property) (Au) 3. Kodiak Exploration Limited/Alto Ventures Ltd. (Cote-Archie property) (Au) 4. Landore Resources Limited (Junior Lake property) (Ni-Cu) 5. Laurion Mineral Exploration Inc./Geoinformatics Exploration Canada Limited (Nipigon Embayment properties) (Cu-Ni-PGE) 6. Linear Metals Corporation (Kilometre 61 property) (Mo-Cu) 7. Richview Resources Inc. (Thierry Mine property) (Ni-Cu) 8. Roxmark Mines Limited (Northern Empire Mine property) (Au) 9. Sage Gold Inc. (Jacobus and Onaman properties) (Cu, Ni; Cu-Zn-Au-Ag) 10. Superior Canadian Resources Inc. (O Sullivan Lake property) (Au) 11. Ultra Uranium Corp. (Gwyn Lake property) (Au) 12. Wescan Goldfields Inc./Alto Ventures Ltd. (Mud Lake property) (Au) Source: Thunder Bay Mining Page 7 of 7
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