CORPORATE ACTIVITIES AND HIGHLIGHTS

2009 (as at September 30)

• Completed 7,156 m of diamond drilling in 10 holes on the Little Deer Copper Deposit from March to July 31, 2009.

• Continued to intersect economic grade copper mineralization below and along strike from areas mined in the 1970’s.

• On July 7, announced indicated resources of 1,087,000 tonnes at an average grade of 2.9% Cu and inferred resources of 1,950,000 tonnes at an average grade of 2.3% Cu.

• On July 12, maintained the option on the Little Deer Copper Deposit by issuing 342,262 shares ($57,500) to Weyburn Investments Ltd.

• On August 14, completed initial National Instrument 43-101 (“NI 43-101”) Mineral Resource Estimate and supporting Technical Report for the Little Deer Copper Deposit.

• In September, commenced a $600,000 diamond drilling program consisting of 4,600 m of drilling in 7 to 8 holes with the purpose of expanding the mineral resources outlined to date to the west and to shallower depths.

2008

• Strengthened the balance sheet by raising $500,000 in flow-through funds to finance exploration programs for the first half of 2009.

• Maintained working capital of over $1,760,000 at year end.

• Completed 9,004 metres of diamond drilling in 14 holes on the Little Deer Copper Deposit. Successfully confirmed historical copper grades and widths and expanded the area of known high-grade copper mineralization over a strike length of 1,050 metres and to a vertical depth of 895 metres.

• Completed an option agreement with Russet Lake Resources Inc. on Thundermin’s 50% interest in the Blue Quartz gold property in Ontario and received an initial payment of $10,000 cash, 25,000 shares and a 0.5% net smelter returns (“NSR”) royalty.

• Completed an option agreement with an Optionee to acquire a 100% interest in Thundermin’s Obalski, Cossette and Ramsey gold properties near Chibougamau, Quebec and received an initial payment of $25,000, 250,000 shares of Roxmark Mines Limited and a 1.0% to 1.5% NSR royalty.

• Received a $75,000 cash payment from Alexis Minerals Corporation with respect to an option agreement on Thundermin’s Pelletier Lake gold deposit.

• Received $66,625 cash from the exercise of incentive stock options by directors, officers and consultants.