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Table 1. Final Significant Phase 2 intersections.

---------------------------------------------------------------------------            From        Inter-           Mo                 CuEqDrill Hole   (m) To (m)    val    Cu%  (ppm) Au g/t Ag g/t    (i)      Zone---------------------------------------------------------------------------OCADH014      27    292    265  0.349    141  0.104    2.1  0.517  Hypogeneincluding     27     94     67  0.349     41  0.266    2.2  0.586   diorite                                                                   hypogeneand           94    292    198  0.349    174  0.049    2.0  0.493    dacite                                                                   hypogene---------------------------------------------------------------------------OCADH015    88.5 178.85  90.35  0.190     50  0.015    1.6  0.243  Hypogene---------------------------------------------------------------------------OCADH016(ii)  28  61.55  33.55  0.803    146  0.229    1.8  1.062     Mixed           61.55  86.05   24.5  0.333    106  0.188    1.8  0.333  Hypogene---------------------------------------------------------------------------OCADH017      49     57      8  0.441     71  0.024    1.6  0.511     Mixed              57     84     27  0.214     93  0.023    1.6  0.294  Hypogene---------------------------------------------------------------------------OCADH018   34.55  50.45   15.9  0.302     62  0.007    1.3  0.352     Mixed           50.45  87.25   36.8  0.218    113  0.027    1.5  0.310  Hypogene---------------------------------------------------------------------------OCADH019      47    147    100  0.284     75  0.018    1.2  0.348     Mixedincluding     47     59     12  0.253    183  0.021    1.8  0.378     Mixedand           97    147     50  0.397     69  0.017    1.1  0.455     Mixed---------------------------------------------------------------------------(i)Copper equivalent calculations represent the total metal value for eachmetal, multiplied by the conversion factor, summed and expressed inequivalent copper percentage. These results are exploration results onlyand no allowance is made from recovery losses that may occur should miningeventually result. These equivalent grades should not be interpreted asactual grades since the conversion rations vary with the volatile prices ofCu and Mo and the economic recoveries of Cu and Mo can vary significantlyin actual extraction and processing. However, it is the company's opinionthat elements considered here have a reasonable potential to be recovered.The three-year, moving-average metal prices used for the purposes of theequivalency calculations are copper $US3/pound, gold $US1500/ounce,molybdenum $US15/pound and silver $US21/ounce.(ii)Results preliminary pending QA/QC review of re-assayed interval.

---------------------------------------------------------------------------            From        Inter-          Mo            Ag  CuEqDrill Hole   (m) To (m)    val    Cu% (ppm) Au g/t   g/t    (i)        Zone---------------------------------------------------------------------------OCADH001       0   27.4   27.4      -     -      -     -      -  overburden            27.4   56.3   28.9  0.187    20  0.021   0.6  0.217       mixed              89    440    351  0.231    83  0.030   1.0  0.304    hypogeneincluding     89    146     57  0.240   190  0.032   0.8  0.366    hypogene---------------------------------------------------------------------------OCADH002       0     18     18      -     -      -     -      -  overburden              87    294    207  0.220   151  0.091   0.9  0.371    hypogeneincluding    168    195     27  0.291   557  0.083   1.6  0.645    hypogeneand          234    294     60  0.351   102  0.157   1.3  0.530    hypogene---------------------------------------------------------------------------OCADH003     1.3     27   25.7  0.207    79  0.051   1.5  0.299       oxide              27     78     51  0.491    71  0.049   1.9  0.582       mixed              78  366.1  288.1  0.226    68  0.026   1.1  0.290    hypogeneincluding    200    272     72  0.297    95  0.031   1.3  0.380    hypogene---------------------------------------------------------------------------OCADH004       4   37.5   33.5  0.509   121  0.115   1.1  0.665       mixedincluding      4     24     20  0.694   124  0.087   1.1  0.831       oxide            37.5 301.45 263.95  0.360   112  0.153   1.8  0.546    hypogeneincluding     94    133     39  0.689   160  0.198   2.9  0.943    hypogeneand          184 301.45 117.45  0.400   120  0.149   2.3  0.569    hypogene---------------------------------------------------------------------------OCADH005       7   33.5   26.5  0.626   130  0.104   1.2  0.779       mixed            33.5    145  111.5  0.501   118  0.121   2.6  0.675    hypogeneincluding     59   94.8   35.8  0.659   101  0.177   3.3  0.872    hypogene             145 300.25 155.25  0.199    80  0.020   1.0  0.263    hypogene---------------------------------------------------------------------------OCADH006      11     61     50  0.646   115  0.171   2.7  0.856       mixedincluding     26     44     18  1.211   199  0.224   3.6  1.511       mixed             114    299    185  0.251    67  0.076   0.9  0.349    hypogeneincluding    114    177     63  0.356    71  0.183   1.0  0.535    hypogene---------------------------------------------------------------------------OCADH007      34   87.6   53.6  0.809   108  0.046   1.9  0.916       mixed             108 250.05 142.05  0.151   103  0.014   0.7  0.220    hypogene---------------------------------------------------------------------------OCADH008       0  68.65  68.65      -     -      -     -      -  overburden            71.5    355  283.5  0.263    62  0.024   1.4  0.326    hypogeneincluding    163    241     78  0.376    70  0.030   1.9  0.452    hypogene---------------------------------------------------------------------------OCADH009      54    295    241  0.325    97  0.058   1.3  0.428      mostly                                                                   hypogeneincluding     54   63.8    9.8  1.438    79  0.054   1.8  1.536       mixedand          112    295    183  0.317   104  0.060   1.5  0.427    hypogene---------------------------------------------------------------------------OCADH010     0.5  300.5    300  0.483   117  0.168   2.9  0.694      mostly                                                                   hypogeneincluding   13.2   29.5   16.3  0.474    86  0.099   2.0  0.609       mixedand        146.5  176.5     30  1.688   393  0.321   7.8  2.198    hypogeneor         146.5  203.5     57  1.119   418  0.213   5.7  1.542    hypogene---------------------------------------------------------------------------OCADH011      25  250.3  225.3  0.352   182  0.148   1.8  0.569    hypogeneincluding     25    128    103  0.527   110  0.279   2.3  0.809    hypogeneincluding    128  250.3  122.3  0.205   243  0.038   1.3  0.367    hypogene---------------------------------------------------------------------------OCADH012      22   69.5   47.5  0.678    61  0.022   1.6  0.741       mixed            69.5  80.35  10.85  0.325    49  0.019   1.8  0.382    hypogene---------------------------------------------------------------------------OCADH013(ii)  32     83     51  0.569   147  0.022   1.4  0.673       mixed              83  201.1  118.1  0.237    93  0.020   1.2  0.311    hypogene---------------------------------------------------------------------------(i)Copper equivalent calculations represent the total metal value for eachmetal, multiplied by the conversion factor, summed and expressed inequivalent copper percentage. These results are exploration results onlyand no allowance is made from recovery losses that may occur should miningeventually result. These equivalent grades should not be interpreted asactual grades since the conversion rations vary with the volatile prices ofCu and Mo and the economic recoveries of Cu and Mo can vary significantlyin actual extraction and processing. However, it is the company's opinionthat elements considered here have a reasonable potential to be recovered.The three-year, moving-average metal prices used for the purposes of theequivalency calculations are copper $US3/pound, gold $US1500/ounce,molybdenum $US15/pound and silver $US21/ounce.(ii)Results preliminary pending QA/QC review of re-assayed interval.