Terra Nova

The Terra Nova property consists of 71 claims located 30 kilometers northwest of Port Blandford in central Newfoundland. Access is from the town of Terra Nova via 12 km of transmission line road built for the Lower Churchill Falls power development. CMC has an option to earn a 100% ownership of the property.

The property lies within the Gander Zone. Highlights of the property include:

• The property currently comprises of five mineralized showings: (i) the Copper Vein; (ii) Nancy’s gold vein showing; (iii) New Alteration Zone; (iv) the Silver Pit; and, (v) the Galena Vein Showing.
• A grab sample collected at the Copper Vein Showing produced 354 ppb Au, 43.8 g/t Ag, 2.33% Cu and > 1000 g/t W (Tungsten).
• A grab sample at Nancy’s Gold Vein Showing have produced 6,812 ppb Au, 159.6 ppm Ag, 1,562 ppm Cu and > 1000 g/t W (Tungsten).

The Silver Pit, looking east-northeast.

• Samples collected from the Galena Showing have reported assays values of 953 ppb Au, 59.8 g/t Ag, 7.2 % Pb, and > 1000 g/t W (Tungsten).

Galena Vein Showing. A) Transmission Line Crossing the Terra Nova Property, looking northwest; B) Galena Vein in Outcrop; C) Sample TN-20-08.

An alteration area of 12 square kilometers has been identified at Terra Nova and to date has been subjected to limited exploration. The potential has the potential to host mesothermal gold-polymetallic deposits.