Project Summary The Weiland Project is located in the James Bay Lowlands of northern Ontario. It is located in the Kyle Lake area where diamondiferous kimberlites were first discovered in the mid-1990s. In the spring of 2006, Trigon initiated a high-resolution airborne magnetic survey using a proprietary system. The survey led to the identification of numerous high priority kimberlite targets. Trigon immediately secured 38 targets by staking. In October 2006, Trigon and De Beers Canada Inc. signed an Option and Joint Venture Agreement whereby De Beers can earn a 60-percent ownership interest in the Weiland Project by sole funding $4.8-million. Trigon is the operator of the project throughout the option period. Trigon is currently planning the next exploration program on the Weiland Project, which will include a drilling program scheduled to start in Q1 2007. De Beers has committed to incur exploration expenditures of $1.3-million at Weiland by June 30, 2007.  Subsequently, De Beers has the option to acquire a 51-percent interest in the project by sole funding an additional $2.7-million before June 30, 2009.  Upon exercise of the option, a joint venture will be formed.  De Beers may then increase its joint venture interest to 60-percent by sole funding an additional $800,000 in exploration expenditures. Area Potential The James Bay Lowlands area is known for De Beers’ Victor kimberlite and its very high quality diamonds. De Beers is currently building the Victor mine, which is scheduled to go into full production in 2008. In the Kyle Lake area, located approximately 100 km west of the Victor kimberlite, five kimberlites were discovered by Spider Resources in the mid-1990s. The Kyle Lake kimberlites are widely spread out in an approximately 40 km by 90 km area. The spatial distribution of kimberlite pipes in known kimberlite clusters worldwide indicates the potential for discovery of further kimberlites in the Kyle Lake area. Four out of the five Kyle Lake kimberlites are known to be diamondiferous, two of them significantly so. In 2005, an additional kimberlite, T1, was discovered by Metalex Ventures Ltd. in the southern part of the Kyle Lake area. The T1 kimberlite, which reportedly contains a large proportion of white diamonds, is currently undergoing a bulk sampling program. This region of Ontario hosts kimberlites with high quality diamonds. Trigon believes strongly in the potential for additional economic diamond deposits in the James Bay Lowlands, and believes that its technical and operational skills combined with those of De Beers provides for excellent chances for discovery. Exploration An approximately 23,000 line kilometres low-level high resolution airborne magnetic survey was flown by Trigon in the spring of 2006. The surveyed area included known diamondiferous kimberlites discovered by Spider Resources. The airborne survey led to the identification of numerous kimberlite targets, many of which can not be identified in the publicly available Ontario Geological Survey geophysical data covering the area. Trigon immediately secured 38 high priority targets by staking. Trigon is currently planning the next exploration program on the Weiland Project. This program is likely to include additional airborne geophysical surveys, claim staking and a drilling program scheduled to start in Q1 2007.

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