Quote:   Symbol Lookup  (TSX = T.xxx, TSX-V = V.xxx)

Canadian Company Spotlight

King’s Bay Gold Corporation is a very active Canadian mineral resource company, which is engaged in the acquisition of interests in, and the exploration of, mineral resource properties in North West Ontario. The Corporation’s mandate is to acquire, evaluate and bring significant gold and other precious metal properties to the development stage. During the last ten years, the Corporation has been assembling a portfolio of precious metal exploration prospects most notably in the Red Lake and Pickle Lake gold camps, the majority of which are located in close proximity of present and past producing mines. Certain of these properties exhibit high-grade gold values.

King’s Bay Gold is unique in the industry in that it owns most of the equipment required to carry out the various phases of exploration. This includes diamond drills, bulldozers and other exploration equipment, which gives the company the ability to quickly adjust work programs as exploration results are realized and company strategies change.

Bobjo Mine

Searching For: Gold, Rare Metals and Rare Earth Elements

Location – Approximately 45 kilometres east-north-east of the Town of Ear Falls, Ontario in Earngey and Agnew Townships.

Number of Claims & Acres – 9 patented claim units and 250 unpatented claim units for 10,360 acres

Ownership Interests – 50 % King’s Bay Gold Corporation and 50 % Mainstream Minerals Corporation

Operator – Mainstream Minerals Corporation

On March 3rd, 2008, King’s Bay Gold Corporation and Mainstream Minerals Corporation announced the commencement of its largest exploration program ever at one project which will involve 15,000 metres of drilling using two machines with one being a large machine from an independent drilling contractor equipped for deep drilling. King’s Bay and Mainstream are also in the process of acquiring more ground.

The initial 2007 Phase 1 exploration program of 5,300 metres included a new high-grade gold discovery with gold being intersected in almost every hole. It also included a new rare metals and rare earth elements discovery that could possibly prove to be very valuable because of the ever-increasing industrial and consumer demand for such materials.

The decision to commence this large Phase 2 drilling program came about after an extensive study and compilation of all available government and geophysical data outlining numerous positive drill targets. The joint venture partners also want to follow-up the results achieved in the very successful initial 2007 Phase 1 diamond drilling program. The work presently being carried out by the partners represents the first modern, systematic exploration of this property since 1929. This property hosted a past producer in 1929. A two compartment shaft was sunk to 270 feet with two levels. Mineralization at the Bobjo Mine consists of quartz veins and stringers situated along a large flexure in a north-trending quartz-feldspar porphyry dike which includes metavolcanis flows.

Phase 2 Bobjo Drill Targets

Many drill targets have been established and prioritized. The first three drill targets will include:

1) Follow up drilling in the area of the new high-grade gold discovery.

2) Follow up drilling in the area of the new rare metals and rare earth elements discovery.

3) Testing of a large Magnetic High located approximately 2,000 metres to the south of the old Bobjo Mine shaft where two conductors crisscross in the middle. Two parallel faults and two parallel cross faults also meet up at this same location. It is also located along a contact where the mafic volcanic rocks meet up with an intermediate to felsic volcanic zone. This target is on strike and in close proximity to the past producing Uchi Gold Mine.

Highlights of the initial 2007 Phase 1 diamond drilling program relating to the Rare Metals and Rare Earth Elements Discovery:

Hole #14

New 40 ft intersection with a grade of 13.54 g/t Gallium (Ga), 21.50 g/t Scandium (Sc), 12.98 g/t Rubidium (Rb), 20.27 g/t Cerium (Ce), 8.25 g/t Lanthanum (La), 12.03 g/t Yttrium (Y), 1.83 g/t Ytterbium (Yb), 3.23 g/t Selenium (Se), 6.76 g/t Lithium (Li), 3.58 g/t Cadmium (Cd), 4.28 g/t Niobium (Nb), 2.25 g/t Hafnium (Hf), 38.57 g/t Cobalt (Co), 79.29 g/t Vanadium (V), 83.61 g/t Strontium (Sr), and 96.53 g/t Zirconium (Zr) at a depth of 153 metres.

Hole #16

New 43.6 ft intersection with a grade of 11.01 g/t Gallium (Ga), 16.53 g/t Scandium (Sc), 25.85 g/t Rubidium (Rb), 15.36 g/t Cerium (Ce), 6.53 g/t Lanthanum (La), 9.30 g/t Yttrium (Y), 3.77 g/t Selenium (Se), 11.44g/t Lithium (Li), 1.00 g/t Cadmium (Cd), 1.35 g/t Thorium (Th), 2.94 g/t Niobium (Nb), 1.40 g/t Hafnium (Hf), 48.57 g/t Cobalt (Co), 86.55 g/t Vanadium (V), 70.51 g/t Strontium (Sr), and 52.15 g/t Zirconium (Zr) at a depth of 258 metres.

Hole #20

This hole intersected a 126 ft mineralized quartz carbonate zone. The partners only sent a few small sections for a quick test and plan on sending the entire zone to the lab very shortly. This zone was intersected from 194.8 metres to 233.0 metres. Sections sent included: From 194.8 to 197.4 metres, 203.8 to 204.1 metres, 216.5 to 217.0 metres, 220.0 to 221.0 metres, 224.0 to 224.4 metres, 226.4 to 227.0 metres and 232.7 to 233.0 metres. The average grades obtained from these sections include: 18.72 g/t Gallium (Ga), 21.42 g/t Scandium (Sc), 13.76 g/t Rubidium (Rb), 28.18 g/t Cerium (Ce), 11.85 g/t Lanthanum (La), 16.00 g/t Yttrium (Y), 5.00 g/t Selenium (Se), 11.09 g/t Lithium (Li), 3.42 g/t Cadmium (Cd), 1.48 g/t Thorium (Th), 6.19 g/t Niobium (Nb), 3.33 g/t Hafnium (Hf), 2.04 g/t Ytterbium (Yb), 42.37 g/t Cobalt (Co), 62.63 g/t Vanadium (V), 44.86 g/t Strontium (Sr), and 128.80 g/t Zirconium (Zr).

Hole #23

This hole intersected a 250 ft mineralized quartz carbonate zone. This zone was recently sent to SGS Canada Inc. for analysis.

Hole #25

Highlights of the intersections for this hole included 79.31 g/t Gold over 50cm and 43.73 g/t Gold over 1 metre.

All of these metals and minerals listed in (b) above have significant economic and strategic value and depending on purity and lot size, may range in price from $15.00 US per kilogram for lanthanum metal, to $30,000.00 US per kilogram ($30.00 US per gram) for scandium metal. Some of these metals like Rubidium, which is not actively traded, have sold for as much as $58.20 US per gram. The data found within the news release was collected from the United States Geological Survey (USGS) minerals information site.

The joint venture is 50 % Kings Bay Gold and 50 % Mainstream Minerals Corporation with Mainstream Minerals being the Operator of the project. Geologist John Archibald, A.P.G.O. is the Qualified Person under National Instrument 43-101 for this project. The samples herein were analyzed by SGS Canada Inc.’s laboratory.

Complete gold, rare metals and rare earth elements assay results can be seen on the company’s website at www.kingsbaygold.com and on a news release dated January 8th, 2008. The rare metals and rare earth elements discovery zone is located along a fault structure with an approximate ten-kilometre strike length.

The area has a long history of gold and base metal production dating back 80 years. It is noted that the Bobjo Mine Project is located between two past producing mines – the South Bay Zinc / Copper Mine and the Uchi Lake Gold Mine. An existing power line passes through the southern part of the property and the property itself is within trucking distance to the Placer Dome / Goldcorp Mill in Red Lake, Ontario. The land package is currently comprised of 259 claim units totaling 10,360 acres. Assay results will be announced when received and verified.

Headway Group of Patented Claims Property in Red Lake, Ontario

Searching For: Gold

Location – Between the Towns of Red Lake and Balmertown, Ontario. The property is transected by the road connecting the two towns and lies in the shadow of the Red Lake headframes, located less than 400 metres southwest of Goldcorp’s Red Lake High Grade Zone.

Number of Claims & Acres – 6 patented claims and 1 unpatented claim for approximately 320 acres

Ownership Interests – 75 % King’s Bay Gold Corporation, 15 % Richview Resources Inc. and 10 % Palomino Mining & Exploration Ltd.

Operator – King’s Bay Gold Corporation

This joint venture project is probably the most strategically located land package in all of Canada being located directly adjacent and southwest of Canada’s richest gold mine (Goldcorp’s Red Lake Mine) where the Goldcorp high-grade zone also dips to the southwest towards the Headway Group of Patented Claims and traverses these claims at depth. The Headway Group of Patented Claims Property is located less than 400 metres southwest of Goldcorp’s Red Lake High Grade Zone, which is often referred to as the world’s richest gold mine. This belief has been heightened by the fact that Goldcorp has acquired or staked all of the lands available around the Headway land package.

King’s Bay Gold believes that the Headway Group of Patented Claims contains all of the essential geological elements associated with the ore on the adjacent mine properties, that being well-developed shear zones, high grade gold values at shallow depths as well as mafic, ultra-mafic and intrusive rocks. The Headway project contains high-grade gold occurrences, including 2.74 oz/ton gold over 2.0 feet and 0.61 oz/ton gold over 3.08 feet in drill core (H-13) and several surface grab samples exceeding 1 oz/ton gold. Gold is developed within quartz-carbonate +/- tourmaline +/- arsenopyrite veins associated with quartz-feldspar porphyry dykes that intrude altered and sheared mafic volcanics. The property contains two east-west trending, gold-bearing structural zones; the 4000 ft x 1000 ft Headway Shear Zone and the 2300 ft x 50 ft Main Zone, the property has been subjected to only limited and shallow diamond drilling.

Details of the company’s past drilling programs on this property, Phases I to IV, can be found on pages 42 to 46 (inclusive) in the Annual Information Form of June 15th, 2007 for 2006 as filed on www.sedar.com on June 28th, 2007.

Highlights of the exploration programs for Phases I to IV at the Headway Project have included:

Diamond drilling by the Company in 2003 and 2004 intersected high-grade gold at near surface, drilling highlights included 4.15 g/t Au over 10.80 metres, 6.33 g/t Au over 1.2 metres, 8.25 g/t Au over 0.50 metres, 6.62 g/t Au over 0.50 metres, 7.48 g/t Au over 0.50 metres, 5.85 g/t Au over 0.60 metres, and the deepest intersection of 63.52 g/t Au over 0.50 metres at a depth of 60 metres.

The Main Zone on the west side of the highway was not drilled in 2003 and 2004 and will require follow-up drilling in the future. The company is presently evaluating the possibility of a future aggressive deep drilling program, but would need to conduct a large financing in order to do so.

Pickle Lake Properties in the Connell, Dona Lake and McCullagh Townships, Patricia Mining Division, Ontario

Searching For: Gold

Location – Located approximately 8 miles east of Pickle Lake, Ontario.

Number of Claims & Acres – 458 claim units for 18,320 acres (or 28 square miles)

Ownership Interests – 75 % Richview Resources Inc. and 25 % King’s Bay Gold Corporation

Operator – Richview Resources Inc.

The area covered by this joint-venture in the Pickle Lake Gold Camp currently totals 458 claim units (approximately 18,320 acres or over 28 square miles). A large section of these claims are contiguous to the Dona Lake Mine, which produced 212,000 ounces of gold, the Central Patricia a 650,000 ounce producer and the Pickle Crow Gold Mines, which produced 1,446,000 ounces. This new land package hosts numerous gold showings, significant historical drill intersects and historical mine shafts. The joint-venture’s claim group makes it the largest landholder of the Central Patricia, Pickle Crow and Dona Lake mine trends.

In January 2005, the Corporation announced that it had just received the final gold assay results of the final holes drilled during the 2004 Pickle Lake joint-venture drilling program. The Corporation reported that the diamond drill holes intersected numerous gold bearing zones at near surface (0 to 500 feet) in a large mineralized banded iron formation that may be amenable to open pit mining. A total of 35 holes were drilled from June 1 to December 31, 2004 at a cost of approximately $1,000,000 and Accurassay Laboratories in Thunder Bay, ON assayed all of the samples.

Highlights of this 2004 drilling program included 11.059 g/t across 10.0 feet, 3.789 g/t across 10.0 feet, 4.023 g/t across 5.0 feet, 2.199 g/t across 22.5 feet, 9.634 g/t across 4.0 feet, 4.075 g/t 8.0 feet, 3.571 g/t across 7.5 feet, 4.021 g/t across 5.0 feet, 5.778 g/t across 5.0 feet, 7.007 g/t across 10 feet and 7.311 g/t across 20.0 feet.

The partners are presently compiling data before going ahead with another drilling program. Other companies are also presently conducting exploration programs in the immediate area.

Helena Lake in the Dash Lake Area, Rainy River District, Ontario

Searching For: Gold

Location – The claims are located 22 miles northeast of the Town of Nestor Falls, Ontario.

Number of Claims & Acres – 3 claims totalling 31 units for 1,240 acres

Ownership Interests – 100 % King’s Bay Gold Corporation

Operator – King’s Bay Gold Corporation
The occurrences on the property are located on a N.N.E. trending deformation zone. The gold mineralization occurs in a carbonatized quartz andesite shear zone associated with the Cameron / Pipestone Lake fault. The shear zone has been traced through the entire block (2,800 metres). Visible gold has been noted in many surface samples. The best surface assay returned 23.25 ounces of gold per ton. The source of this information is the Ontario Ministry of Northern Development and Mines Assessment Files.

Halkirk-Watten in the North Rock Area Project

Searching For: Gold, PGEs, Base Metals, Diamonds

Location – Located in the Watten East, Watten West, Obikoba and Halkirk Townships located approximately 25 kilometres east from the Town of Fort Frances, Ontario, Kenora Mining Division.

Ownership Interests – 100 % King’s Bay Gold Corporation

Operator – King’s Bay Gold Corporation

This property is located directly adjacent and on strike of a very recent new Diamond discovery. Past producing mines in the area included the Cone, Folye, Golden Star and Olive Mines. The property is easily accessed via the Trans Canada Highway 11.

The claim units are directly adjacent to MetalCORP Ltd.’s North Rock claims. MetalCorp Ltd. had recently announced that the North Rock claims is the site of their high grade discovery of platinum in a gold-copper-nickel-rich ultramafic intrusive.

The first phase of diamond drilling at the property in 2006 yielded up to 0.8759 % Zn; 0.2172 % Cu; 0.1161 % Ni; 0.077 g/t Pt; 0.161 g/t Au; and 0.0543 g/t Co from different drill holes.

The area is also host to many base metal and platinum occurrences. King’s Bay can drill this project at any time but will wait to see more diamond results from their neighbor before commencing with another exploration program at the property.

Swell Bay Property in Halkirk and Farrington Townships, Kenora District, Ontario

Searching For: Gold

Location – Overlapping the common borders of Halkirk and Farrington Townships, Kenora Mining Division of Ontario in the Fort Frances, Ontario area.

Number of Claims & Acres – 6 patented claim units for 240 acres

Ownership Interests – 100 % King’s Bay Gold Corporation

Operator – King’s Bay Gold Corporation

This property's most prominent geological feature is a northeast trending valley traversing the full length of the claim block. The Swell Bay deformation zone is approximately 500 metres wide and lies between the two creeks that occupy what is presumed by many geologists to be the remnants of faults, whose scarps were later rounded off by erosion following those periods of ground movement. Several of the known gold-bearing quartz structures are often visible along the scarps bordering this shatter zone. Most gold showings appear to be associated with quartz veins in fractures or in mineralized shear zones.

Pipestone / Dash Lake in the Rainy River District, Ontario

Searching For: Gold

Location – This group of claims is located on the north shore of Pipestone Lake immediately south of Dash Lake, approximately 50 miles due north of Fort Frances, Ontario.

Number of Claims & Acres – 8 patented claim units for 320 acres

Ownership Interests – 100 % King’s Bay Gold Corporation

Operator – King’s Bay Gold Corporation

These holdings consist of eight patented claims numbered F.F. 4453 to F.F. 4454 inclusive, F.F. 4457 to F.F. 4460 inclusive and F.F. 4544 to F.F. 4545, giving a total acreage of approximately 320, and a strike length of 4,620 feet. The showing striking N. 45 E., on the average and dipping from vertical to 70 E. passes centrally through the holdings and so is very adequately protected.

Pennock Lake in the Setting Net Lake Area

Searching For: Uranium

Location – Approximately 60 miles northwest of Red Lake, Ontario.

Number of Claims & Acres – 226 claim units for 9,040 acres

Ownership Interests – 100 % King’s Bay Gold Corporation

Operator – King’s Bay Gold Corporation

This property hosts a large number of Uranium occurrences that correlate with a new government Radiometric Survey that has identified many new radiometric anomalies. Two parallel faults also traverse the claims in a southeast to northwest direction. All of the uranium showings are located south of the main fault system traversing the property. It also hosts many zinc, copper, silver and molybdenum showings. These surface occurrences are also correlated by a government Airborne Radiometric Survey that has identified many new uranium radiometric anomalies that the company believes could be instrumental in assisting it in locating additional uranium showings. Other companies are presently exploring and getting significant results in the area around this project.

Woman Lake North of South Bay in Goodall Township, Red Lake District, Ontario

Searching For: Gold

Location – These claims are near Woman Lake in Goodall Township, Red Lake District, Ontario which is approximately 50 kilometres east-north-east of the Town of Ear Falls, Ontario. The claims are 3 kilometres north of the South Bay Mine and about 5 kilometres north of the Bobjo Mine.

Number of Claims & Acres – 90 claim units for 3,600 acres

Ownership Interests – 50 % King’s Bay Gold Corporation and 50 % Mainstream Minerals Corporation

Operator – Mainstream Minerals Corporation

On February 20th, 2007, the Corporation and Mainstream Minerals Corporation as 50 / 50 joint-venture partners announced the acquisition by way of staking of 90 claim units (3,600 acres) near Woman Lake in Goodall Township, Red Lake District, Ontario. This new property was staked on its geological merits after a thorough review of historical data on the area from the government assessment files. Many gold-bearing quartz veins, stringers and shear zones are known to exist on this prospect. The setting is deemed exceptionally favorable and has not been systematically explored using the new technologies. These claims are located about 3 kilometres north of the South Bay Mine which once produced approximately 1.6 million tons of 1.5 % copper and 10.0 % zinc. There are six past producing gold operations within a 12 kilometre radius of these claims as well as numerous gold occurrences that are documented in geological reports and government publications.

Sakoose Gold Property

Searching For: Gold

Location – Located in Melgund Township, near the hamlet of Dyment, Ontario, which in turn is located approximately 54 kilometres east of the City of Dryden, Ontario.

Number of Claims & Acres – 6 claims totaling 19 claim units for 760 acres

Ownership Interests – 100 % King’s Bay Gold Corporation

Operator – King’s Bay Gold Corporation

The Sakoose Gold Mine produced gold from 1897 to 1902 until operations were suspended when the mill burned down in 1902. During that time, it was only mined to a depth of approximately 60 metres. Production totaled 3,669 ounces of gold from the 8,828 tons extracted (= 0.41 oz Au/ton). There is an estimated 50,000 tons remaining in the deposit. It is open along strike in both directions and at depth. The property has seen limited exploration since 1902 and most of the past drill holes were at shallow depths. King’s Bay announced in early May, 2008 that a 10,000 metre diamond drill program commenced at its 100% owned Sakoose Gold Mine Project. The primary target will be to identify the possible extension of this gold deposit.

Other zones outside the original underground workings were discovered in 1988 but were not systematically followed-up. Some of these holes are indicating a possible down plunge extension of the main zone to the west and will need to be followed-up.

The west extension drill hole results included:

SAK-21: 5.91 g/t Gold across 0.91 metres at a depth of 75 metres
SAK-01: 12.44 g/t Gold across 0.30 metres at a depth of 85 metres.
SAK-04: 9.33 g/t Gold across 6.80 metres at a depth of 86 metres
SAK-22: 48.21 g/t Gold across 1.07 metres at a depth of 118 metres
SAK-06: 146.48 g/t Gold across 0.24 metres at a depth of 152 metres

The east extension drill hole results included:

SAK-07: 3.42 g/t Gold across 1.40 metres at a depth of 13 metres
SAK-08: 3.73 g/t Gold across 0.76 metres at a depth of 17 metres
SAK-09: 3.11 g/t Gold across 1.04 metres at a depth of 10 metres
SAK-10: 18.66 g/t Gold across 0.52 metres at a depth of 14 metres
SAK-18: 6.22 g/t Gold across 0.76 metres at a depth of 112 metres

(The calculations and results shown in the news release dated August 29th, 2007 are pre-National Instrument 43-101 and are therefore not compliant with National Instrument 43-101 requirements. The Company is not treating the historical estimates and results as accurate or current. Readers are cautioned not to place undue reliance on these historical estimates and results.).

Resource Facts

Rare Earth Elements/Rare Earth Metals:

• Rare earth elements and rare earth metals are, according to IUPAC, the collection of seventeen chemical elements in the periodic table, namely scandium, yttrium, and the fifteen lanthanoids. The former two are included as they tend to occur with the latter in the same ore deposits.

• Rare metals and rare earth discoveries are very valuable because of ever-increasing industrial and consumer demand for such materials (computer chips, cellular phones, plasma TVs, lasers, nuclear power industry, environmental products)

• Rare earth metals such as lithium are in high demand, due to the exploding market for hybrid cars. Neodynium is also enjoying a surge for its place in the hybrid car market. Lithium ion is a key component in rechargeable batteries while neodymium is used to make the super magnets integral to hybrid and electric car technology.

Platinum:

• Platinum is a chemical element with the atomic symbol Pt and an atomic number of 78.

• A heavy, malleable, ductile, precious, gray-white transition metal, platinum is resistant to corrosion and occurs in some nickel and copper ores along with some native deposits.

• Platinum is used in jewelry, laboratory equipment, electrical contacts, dentistry, and automobile emissions control devices.

• The price of platinum changes along with its availability, but its price is normally more than 200% of the price of gold.

Zinc:

• Zinc is a chemical element in the periodic table that has the symbol Zn and atomic number 30.

• Zinc is a moderately reactive, bluish-white metal that tarnishes in moist air and burns in air with a bright bluish-green flame, giving off plumes of zinc oxide. It reacts with acids, alkalis and other non-metals.

• The most widely used alloy of zinc is brass, in which copper is alloyed with anywhere from 9% to 45% zinc, depending upon the type of brass, along with much smaller amounts of lead and tin. Alloys of 85–88% zinc, 4–10% copper, and 2–8% aluminum find limited use in certain types of machine bearings. Alloys of primarily zinc with small amounts of copper, aluminum, and magnesium are useful in die casting.

Lead:

• Lead is a chemical element in the periodic table that has the symbol Pb and atomic number 82.

• A soft, heavy, toxic and malleable poor metal, lead is bluish white when freshly cut, but tarnishes to dull gray when exposed to air. Lead is used in building construction, lead-acid batteries, bullets and shot, weights for model railroad cars, and is part of solder, pewter, and fusible alloys.

Copper:

• Copper is a chemical element in the periodic table that has the symbol Cu and atomic number 29. It is a ductile metal with excellent electrical conductivity, and finds extensive use as an electrical conductor, heat conductor, as a building material, and as a component of various alloys.

Gold:

• Gold is a chemical element with the symbol Au and atomic number 79. It is a highly sought-after precious metal which, for many centuries, has been used as money, a store of value and in jewelry. The metal occurs as nuggets or grains in rocks, underground "veins" and in alluvial deposits. Gold is dense, soft, shiny and the most malleable and ductile of the known metals.

• Gold forms the basis for a monetary standard used by the International Monetary Fund (IMF) and the Bank for International Settlements (BIS). The ISO currency code of gold bullion is XAU. Modern industrial uses include dentistry and electronics, where gold has traditionally found use because of its good resistance to oxidative corrosion.

Richard Rivet – Director, President & CEO
Mr. Rivet has been a Director, President and Chief Executive Officer since the Corporation was founded in March 1998. As a founder of the Corporation, he was instrumental in bringing it forward into becoming a publicly traded company on the TSX Venture Exchange in April 2002. Prior to 1998, Mr. Rivet was involved in the automotive industry where he achieved numerous sales achievement awards on a national level. He is currently the President of Mustang Investment and Exploration Inc., a Director of Mainstream Minerals Corporation, a publicly traded company on the TSX Venture Exchange (TSX.V: MJO), and a Director of Triple Crown Minerals Inc. All three of these companies are based in Winnipeg.

Mr. Rivet has over 17 years of management and leadership experience in business. His dynamic personality, excellent communication skills, strong sales background and vision have contributed to his strong track record of success.

Raymond Préfontaine B.A. (Economics), B.Comm. (Hons.) – Director, Chief Financial Officer
As the Company’s Chief Financial Officer, Mr. Préfontaine brings with him 20 years of experience in both managerial and directorship roles in the financial services industry. Throughout his career, as a senior management professional, he has demonstrated an ability to execute and implement effective decisions regarding new business development, marketing, corporate finance, commercial banking, accounting, credit management and in the structuring and directing of investments, both in the private sector and in the capital markets. Mr. Préfontaine has been a Director since August 2003 and the Chief Financial Officer since February 2005. Mr. Préfontaine is a graduate of the University of Manitoba where he obtained a Bachelor of Arts (Economics) and a Bachelor of Commerce (Honours). During his university years, he earned a Queen’s Commission and served his country as a naval officer in the Canadian Armed Forces Reserve – Maritime Command. He has successfully completed several securities industry courses as provided by the Canadian Securities Institute and the Investment Funds Institute of Canada. He is also currently the Chair of the Board of Directors of the Saint-Boniface General Hospital Auxiliary Inc. Mr. Préfontaine is the Chief Financial Officer of Mainstream Minerals Corporation, a publicly traded company on the TSX Venture Exchange (TSX.V: MJO) and is a Director of Triple Crown Minerals Inc., a private company. Both companies are based in Winnipeg.

AllPennyStocks.com © 1999 - 2008. AllPennyStocks.com is a web publishing venture produced by AllPennyStocks.com Media, Inc.