Island Copper Project

Location:

Northern Vancouver Island, BC.
Surrounds the reclaimed BHP Island Copper Mine (345 million MT @ 0.41% Cu, 0.018% Mo, 0.19 grams Au)
42,768 Ha of mineral rights in highly mineralized Island Copper Belt
25 km west of Port Hardy and 360 km northwest of Vancouver
216 mineral claims within the Nanaimo Mining Division
Covers mineral trend 60 km long and 8 km wide close to Holberg Inlet
Numerous additional copper/gold porphyry showings have been identified within the belt including Pemberton Hills, NW Expo, Goodspeed, and South McIntosh areas

Resources

NI 43-101 resources drill defined. Resource @ 0.2% Cu Cutoff contains:

Measured and Indicated (231 Million Tonnes)

2.3 Million Ounces of Gold grading 0.31 g/t

1.4 Billion Pounds of Copper grading 0.28%

2.34 Billion Pound Copper Equivalent grading 0.46%

Inferred (53 Million Tonnes)

0.64 Million Ounces of Gold grading 0.38 g/t

326 Million Pounds of Copper grading 0.28%

0.58 Billion Pound Copper Equivalent grading 0.50%

Molybdenum- not yet defined. Island Copper contained 0.018% Moly
Rhenium (By-product of Moly refinement. One of the ten most expensive metals on Earth - current price $10,550/ Kg. Island Copper produced 236 Kg)

Ideal Mining Infrastructure in-place: :

27 Km from deep-water marine terminal & infrastructure of former Island Copper Mine
Infrastructure: 27 Km from marine terminal & infrastructure of former Island Copper Mine
Skilled work force left over from Island Copper Mine
Local government favorable to mining due to beneficial experience with BHP, who are eager to see this project develop into a producing mine
BC Hydro 138 kV grid within 27 km of the property
Extensive network of roads from previous logging and current active mining in area

Year 1 Work Program - $1.9 million committed - includes:

5000 metre drill program

Mapping/ Sampling

Geophysics

Metallurgy

2005 - 2007 Work Program by Western Copper TSX-WRN (previously Lumina Resources)

Intensive mineral exploration program integrating data from previous operators over 40 years and work including:
- Airborne geophysics, geological mapping, alteration studies, geochemical surveys, prospecting
25 high-priority targets were drilled
Highlight was hole EC-228 at the NW Expo prospect that intersected 1.0 g/t Au and 0.17% Cu over 95 metres- the discovery of a previously unknown porphyry-style gold-copper-molybdenum mineralization.
Follow-up hole EC-234 intersected two mineralized zones, The upper zone contained 0.02% Mo over 27.4 metres and the lower zone contained 0.74 g/t Au and 0.1% Cu over 204.2 metres.

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