THE EASTMAIN PROJECT

The Eastmain Project consists of 21 claims, totalling 1,109 hectares, and is located less than 7 kilometres from the James Bay all-weather gravel highway. The project is highlighted by a large pegmatite outcrop located approximately 7 kilometres east to southeast and interpreted to be along-strike from the James Bay (Cyr) Deposit of Galaxy Resources Ltd.

HIGHLIGHTS

- The James Bay deposit contains indicated resources of 11.75 million tonnes (mt) grading at 1.30% Li2O and inferred resources of 10.47 mt grading at 1.20% Li2O. Recently, Galaxy Resources has drilled an additional approximately 33,000 metres to develop the James Bay Deposit.

NI 43-101 Disclosure Neil McCallum, P. Geo. of Dahrouge Geological Consulting Ltd., a Qualified Person as defined by National Instrument 43-101, supervised the preparation of this technical information

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