SELBAIE WEST

Located immediately west of the Selbaie mine, the Selbaie West project encloses the same felsic volcanic package that hosts the Selbaie Mine (45 Mt @ 1% Cu, 2.0% Zn and 39 g/t Ag).

The property is accessible from existing roads that serve the Selbaie mine. Staking of the ground was completed in 2002 and Inmet owns a 100% interest in the property. The property is essentially all overburden covered but limited lithogeochem data from previous diamond and RC drill holes indicate a highly promising VMS environment, including high temperature rhyolites and strong chlorite alteration. Much of the surrounding and adjacent ground was recently staked by Noranda/Falconbridge as part of their regional MegaTEM effort, which suggests the existence of deeper EM targets previously unrecognized in the area. Although still at the grassroots stage, this project represents a good opportunity for early success in a still under-explored, yet promising area of the Abitibi belt.

An airborne VTEM survey was flown by Cogitore in late 2005 to cover the whole property. Two conductors of interest were identified. It appears that one of the conductors has never been drilled  whereas previous drilling around the southernmost conductors yielded anomalous gold values, including an assay of 24.3 g/t Au over 1.1 metre. A drilling program will be carried out at Selbaie West in the winter of 2008.

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