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Disclaimer
Forward-Looking Statements

Certain statements contained herein and elsewhere constitute forward-looking statements. Such forward-looking statements involve a number of known and unknown risks, uncertainties and other factors which may cause the actual results, performance of achievements of the Company to materially differ from any future results, performance or achievements expressed or implied by such forward-looking statements. Readers are cautioned not place undue reliance on these forward-looking statements, which speak only as of the date the statements were made, and readers are advised to consider such forward-looking statements in light of the risks set forth herein.

Risks and Uncertainties

The risks and uncertainties affecting the Company remain substantially unchanged, however, it is the management’s opinion that the proceeds from recent financings should be sufficient to carry out the Company’s planned exploration programs detailed herein and to meet the Company’s ongoing administrative expenses for a period of at least twelve months from June 30, 2006.

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