On March 16, 2005,  the Company entered into an Agreement to acquire a 100% interest in an additional gold/copper prospect located in the Mount Polley area. The property encompasses 4 claims (4 units) covering approximately 100 hectares, located in central British Columbia, approx. 65km northeast of Williams Lake, known as Jacobie Lake, Cariboo Mining Division.

The Company acquired the claims from Globex Mining Enterprises Inc. (TSX –“GMX”) of Rouyn-Noranda, Quebec. Terms of the agreement were for 225,000 common treasury shares and Globex retains a 2% NSR. A finders fee was payable as a result of this transaction.

Further to March 16, 2005 news release, the Company announced historic results from the recently acquired J1-4 claims. The four tenures have now been converted into a new tenure through conversion into a Cell and has been expanded to 10 units from 4 totalling 196.6 hectares. The claims are adjacent to Imperial Metals Corporation claims on the south and eastern boundaries of the property.

Staking of the original claims was initiated in 1989 when outcrop exposures containing chalcocite and malachite mineralization was uncovered during logging road construction. Sampling reported by White Channel in 1989 consisted of select grab samples from three log landing sites giving the following results.

Sample #   D45906   D45907   D45911   D45912   D45913
%Cu           4.23        6.52        5.88        4.33        7.29
Ag oz/t      ---          ---          1.23         ---         1.29

In 1991, Pamicon Developments Ltd. identified through geological mapping widespread (1.2 km x .8 km area) disseminated and fracture filling copper mineralization present in the vicinity of logging road cuts. Select grab samples from three road cuts returned the following assays:

Sample #    MJ 1      MJ 2     MJ 3     MJ 4     MJ 5     MJ 6-9
%Cu            2.64      5.16     1.01     1.22      1.08    uniform values averaging 0.89% Cu

Later work commissioned by Globex Mining Enterprises returned the further results. Ten trenches varying in length from 5 to 35 m (total 230 metres in length) with an average width of 4 m (total area .092 hectares) were cut with a Caterpillar crawler dozer. All 230 m of trenching was rock chip sampled along the axis of the trench, and samples were taken across 5 m widths. Highlights of the trenching program were as follows:

Trench #      4         5         7         12
Width          15m      35m    5m      15m
% Cu           .25        1.12    .30      .16

Trench No. 5 returned the highest grade of 1.12% Cu across a width of 35 m. It must be noted that a 10 m covered interval could not be trenched and that a 5 m interval returned 7.12% Cu. The rich 5 m interval had stringers of chrysocolla up to 20 cm thick which would account for the high grade. The 5 m showing is supported by adjacent samples which returned values of 0.34, 0.22 and 0.11% Cu, respectively. It should be noted that this data is historical in nature and were compiled before the implementation of NI 43-101 reporting standards. Investors are cautioned that recent independent verification of the data has not been performed and the Company has not completed sufficient exploration to verify the historical results.

The Company intends to further evaluate the potential for the property to host economic concentrations of copper bearing mineralization by conducting an induced polarization survey to evaluate mineralization to depth and also furthering a trenching program throughout the property. Upon completion of this program, a drilling program is expected to be initiated.