In December 2007, we acquired the right to conduct exploration activities on the Mountain Queen Lode Mining Claim, located in Clark County, Nevada, U.S.A., at a cost of $6,500. The Claim Number was NMC#1010396, which expired on September 1, 2011.
In March 2008, the Company received an evaluation report from a third party consulting firm recommending an exploration program with a total estimated cost of $88,000. Due to lack of working capital, the Company never completed this program.
On May 31, 2008, the Company recorded a $6,500 provision for impairment of mining property acquisition costs.