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Webequie Project


OVERVIEW
Location: James Bay Lowlands / McFaulds Lake / "Ring of Fire", 500 kilometres north northeast of Thunder Bay, Ontario.
Ownership: Temex has direct interest in 9,385 claim units, ranging from residual royalties to 100% interest.
Size: 9,385 claim units totalling 375,400 acres. Temex is one of the largest landholders in the "Ring of Fire".
High Note: Claim blocks are located adjacent and proximal to the Noront Resources Ltd. Ni-Cu-PGE Eagle One and Eagle Two, Probe Mines Limited Ni-Cu-PGE and WSR Gold Inc. Cu-Zn discoveries.
Mineralization Setting: The claims cover features thought to represent geological environments similar to the geological environment near the Noront Ni-Cu-PGE and WSR Cu-Zn discoveries. Mineralization styles documented in the area include: i) magmatic Ni-Cu-PGE mineralization associated with mafic and ultramafic intrusive rocks; ii) volcanogenic massive sulphides Cu-Zn; iii) kimberlitic rocks prospective for diamonds; and iv) mesothermal gold mineralization in greenstone rocks.
Exploration Plan: Land acquisition, partnership development, contact with First Nation communities, helicopter-borne magnetic and electromagnetic geophysical surveying, airborne data evaluation, ground geophysical surveying, camp logistics, prioritize conductive EM anomalies and diamond drilling.

CURRENT ACTIVITY
August 18, 2010  Temex Agrees to Sell Minority Stake in Hornby and Pender Properties
November 25, 2008  Temex Intersects Copper-Nickel and VMS Mineralization on GP2 Property, Ring of Fire
October 22, 2008  Temex Provides Exploration Update
September 24, 2008  Temex and Partners Commence Drill Program in McFaulds Lake Area
September 16, 2008  Temex Partners with Gee-Ten in Noront-McFaulds Lake Area
September 02, 2008  Temex Partners with Mill City in McFaulds Lake Area Diamond Drilling to Commence Immediately
August 21, 2008  Temex Commences Drilling On Fishhook Joint Venture in the Noront-McFaulds Lake Area
July 28, 2008  Temex Set to Drill in Ring of Fire - McFaulds Area - Investor Relations Services Engaged
June 06, 2008  Arctic Star/WSR/Metalex Anomaly 5.01 Located on Property Adjacent to Mill City/Temex Property
June 03, 2008  Drill Targets Prioritized on Fishhook Ni-Cu-PGE Property
May 20, 2008  Temex and East West Identify Several High Priority Drill Targets
April 15, 2008  Temex and Mill City Identify Numerous High Priority Drill Targets
April 01, 2008  Temex and East West Acquire Nickel-Copper-PGE Property South of McFaulds Lake and Noront Discovery
March 19, 2008  Temex and East West Detect Airborne EM Conductors South of Noront Double Eagle Discoveries
March 01, 2008  Temex Provides Exploration Update
February 29, 2008  Temex Provides Update on Webequie Noront Area Activities
February 19, 2008  Temex Sets Terms for East West Earn In on Claims Near Noront Ni-Cu-PGE Discovery
February 14, 2008  Temex and Mill City Receive Final Approval Airborne Geophysical Survey Underway Near Noront Discovery
December 12, 2007  Temex Sets Terms for Mill City Earn-In on Certain Claim Groups Near Noront Ni-Cu-PGE Discovery
December 11, 2007  Temex, Noront and Baltic Expand Property Position Via Staking Syndicate

BACKGROUND

Background information on this Project

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