Consolidated Spire Ventures, Ltd.

Consolidated Spire Ventures Ltd. is a junior Canadian exploration company dedicated to the pursuit and exploration of gold, silver and other mineral deposits in Canada and North America, such as the recent acquisition of the 100% mineral interest in 164,072 contiguous acres in an area prospective for lithium, located about 30kms south-southeast of Fox Creek, Alberta within the Devonian Leduc Formation.The phase I drill program will consist of approximately 1,500 metres in 12 to 14 diamond drill holes. Several new areas in the South Discovery Zone will be tested, following up on results of the November and December 2009 infill soil grid. The results were very encouraging with individual values up to 1.2 g/t Au within a gold-in-soil anomaly up to 400m wide and spanning a northeast-southwest strike length of approximately 700m. The South Discovery Zone is part of a gold-in-soil anomaly extending nearly 2km in total strike length.

Other phase 1 drilling is designed to test the continuity of gold mineralization intersected in South Discovery, in 2006 and 2007. Those programs included drill intercepts such as 50.6 metres of 1.36 grams per tonne gold in DDH 2006-21, 66.8 m of 0.90 g/t gold in DDH 2007-02, 96.5 m of 0.74 g/t gold in DDH 2007-0545.6m of 0.94g/t gold in DDH 2007-03. Diamond drilling during 2006 and 2007 in a small portion of the South Discovery Zone anomaly yielded some of the widest intervals of gold mineralization on the property. Should sufficient continuity exist, the results will be used to estimate an initial, NI 43-101-compliant resource for the South Discovery zone.Spire Ventures announced in October 2009, that the TSX Venture Exchange had given final approval for the Option Agreement dated July 20, 2009 with Altair Ventures Incorporated (“Altair”) (TSX-V: AVX) of Vancouver, British Columbia. The Agreement with Altair has a two-phase option to earn an initial 70% interest in the Prospect Valley Gold Property, near Merritt BC, by spending a total of $6 million in exploration and issue 7 million shares over four years to Spire. Altair can then earn an additional 20% interest upon: (a) delivering a Bankable Feasibility Study with respect to the Property; and (b) making such additional cash and share payments in such amounts as may be negotiated and settled by the parties in writing at a later date, for a total 90% interest in the Prospect Valley Gold Property.