Analyst Coverage:
March 2006 Virtual Metals/Fortis Metals Monthly - Gary Mead
Please look at pages 9-10 (under the heading "Changed context, new explorers") for information on Northern Shield

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www.virtualmetals.co.uk
July 26, 2005 Stocktalk – Late Edition - David Pescod


Northern Shield: “…a cheapie with a chance…”

Highbank Lake: “…the joint venture with Impala gives the project a degree of approval. It’s a play one should now have on one’s watch list…”

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July 25, 2005 Mineweb - Rhona O’Connell


Northern Shield is the latest beneficiary of the desire of South African majors to source PGEs from outside the Bushveld…”

“…Impala’s involvement underlines the prospective nature of the property. …this may be a junior that could well grow into quite an adult.”

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July 25, 2005 - Junior Mining Weekly - Wendell Zerb P. Geol


Highbank Lake Property: “…This is no small Target….”

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