Company News Releases...

Interim Decision re: Mineral Claims

Vancouver, BC, May 23, 2007: The company announces that its application to strike out, on a summary basis, a lawsuit commenced by a party to an option agreement over certain mineral claims has been dismissed by the Court. The Court also allowed an application to add three additional parties as plaintiffs to the action and made other orders regarding evidentiary issues. The company will now proceed to vigorously defend the action on the merits in the normal course. The Company continues to rely on the waiver of the plaintiff and other new parties that the Morrison property is not part of the original option agreement.

The company intends to proceed to examination of documents and the individuals involved in the litigation with a view to obtaining an early trial date regarding the matter.

On behalf of the Board of Directors

Greg Anderson

Director and President

 

No regulatory authority has approved or disapproved the information contained in this news release. This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, statements are not guarantees of future performance and actual results or developments may differ materially from the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploration successes, continued availability of capital and financing, general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward-looking statements.

Cautionary Note to U.S. Investors - The United States Securities and Exchange Commission permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms on this website (or press release), such as "measured,'' "indicated," and "inferred" "resources," that the SEC guidelines strictly prohibit U.S. registered companies from including in their filings with the SEC. U.S. Investors are urged to consider closely the disclosure in our Form 20- F, File No. 0-51453, which may be secured from us, or from the SEC's website at http://www.sec.gov/edgar.shtml