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Redcorp’s outlook took a very positive turn in early 2006 when we decided to re-evaluate the Tulsequah Project in light of improving metal prices. The previous Feasibility Update scoping study which was curtailed in May 2005 was re-examined by an independent engineering consultant and found to have significant opportunities for improvement. We then made a decision to advance the Project through a series of key objectives in 2006 in order to determine its development path.We raised exploration funds in 2006 and were successful in demonstrating sizeable additions and expansion potential at the Tulsequah Chief deposit and at the Big Bull deposit. Wardrop Engineering Inc. was selected to commence the Feasibility Study re-evaluation. We also commenced the expansion of our management team to direct the Feasibility Study work and expanded corporate activity.A significant change in the Feasibility Study update was the recognition and introduction of an improved transportation access plan. Previously, we had engineered and obtained permitting approval for a 160 km access road which would allow for outbound concentrate haulage and inbound supplies. In the fall of 2006, we determined that an alternative method was available. Shallow draft barge technology was identified which would allow the Project to utilize a much more direct route along the Taku River on a year-round basis instead of seasonally. Development of this access alternative resulted in significant savings to the Project in both capital and operating costs and contributed to its significantly improved economics.The potential change in the Project’s access mode has also resulted in an improved relationship with the Taku River Tlingit First Nation (TRTFN) who, in February 2007, signed an initial letter agreement with us covering the barge amendment Environmental Assessment process. The agreement also contemplates entering into discussions for an Impact and Benefits Agreement defining the opportunities for TRTFN participation in project benefits and environmental mitigation. Our exploration activities in Portugal centre on the advanced Lagoa Salgada exploration project which hosts a copper-zinc-lead-silver-gold massive sulphide deposit, located in the highly productive Pyrite Belt in southern Portugal. We are also evaluating an earlier stage gold prospect at Vila de Rei in central Portugal where reconnaissance work has identified potential for intrusive-related gold mineralization on the concession. Further work will concentrate on follow-up of the identified targets and delineation of drill targets. A drilling program is scheduled to commence at Lagoa Salgada in February, continuing through the first quarter of 2007.We expect 2008 to be a pivotal year in our planned transition from an advanced exploration company to a mid-tier producer in 2009.

Resource Finance & Investment Ltd. (RFI) is engaged in the business of acquiring, exploring and developing natural resource properties. RFI primarily invests in controlled natural resource exploration entities that have the potential to add significant value with the expenditure of early to mid stage capital. The company's focus is on industrial or value-added specialty minerals and selective base metal projects. Resource Finance & Investment Ltd.Company is domiciled in Bermuda. The Company's registered office is in Hamilton Bermuda with administration offices located in Geneva Switzerland and Portland, Oregon. RFI has substantial ownership interests in two entities, one of which is Industrial Minerals Corporation Ltd quoted on the Australian Securities Exchange (IDM.ASX) and a 100% ownership of Dynamex Corporation Inc.

Reunion Gold Corporation is an early stage exploration company focused on acquiring and exploring mineral projects in the Guiana Shield of South America. The company has assembled a large, strategic land position covering most of the Eastern Suriname greenstone belt. In an option agreement with a state-owned mining company, Reunion has undertaken to explore and acquire a 100% interest in an 82,850-hectare project located on Lely Mountain and adjacent land in Eastern Suriname.Management actively reviews precious metal prospects to add to Reunion's project portfolio. Reunion Gold's shares are listed on the TSX Venture Exchange under the symbol "RGD".

Riverstone Resources Inc. is a Vancouver based Canadian company listed on the TSX Venture Exchange with the symbol RVS and quoted on the Frankfurt Stock Exchange with the symbol 3RV. The company holds extensive interests in gold exploration permits in Burkina Faso, West Africa -- an under-explored country with a highly attractive geological setting conducive to the discovery of mineral deposits. Four new gold mines were opened in the country in 2007-2008, as well as two new mines in 2010. Riverstone is well established in Burkina Faso and has been actively involved in exploration of its gold permits since 2003. Riverstone has completed an initial NI43-101 resource estimate on its flagship project, Karma, with indicated gold resources of 820,500 ounces and a further inferred resource of 320,300 ounces. (See "Karma Project" for detailed information). A feasibility study is planned to start at Karma in Q4 2010. There are currently 90,229,190 shares issued with a fully diluted issue of 121,902,066 shares. Management and insiders hold approximately 14% of the capital.

RJK Explorations Ltd. is a mineral exploration company originally formed in 1922. RJK Explorations Company is engaged in the acquisition, exploration and development of early stage mineral resource properties in Canada. The Company’s current focus is on silver, gold and base metals with its resource properties located in Ontario. RJK Explorations Company continues to evaluate and will acquire additional properties as the venture capital and opportunities present themselves.

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