Shining Tree Nickel Project -- URSA Major has a 100% interest in a nickel-copper deposit located near Shining Tree, Ontario. The Shining Tree Property is located in Fawcett Township, 110 km north of Sudbury, Ontario and consists of certain claims covering an area of approximately 1,600 acres. The property has an Indicated Resource of 1.02 million tonnes grading 0.71% nickel, 0.36% copper plus an Inferred Resource of 1.49 million tonnes grading 0.67% nickel and 0.36% copper at a cut off value of 0.30% nickel equivalent. Mr. Robert Carter, P.Eng., of Wardrop Engineering Inc. supervised the resource estimate and is the Qualified Person under National Instrument 43-101.

Shining Tree Project Summary [pdf]
Pictures of our Shining Tree exploration work




Micon has completed a preliminary technical and economic analysis that evaluated a 1,000 tonne/day open pit operation at Shining Tree with truck haulage to the proposed Shakespeare mill. Based on operating the Shining Tree Project as a satellite to the Shakespeare project, and using metal price assumptions from the Shakespeare feasibility study, Micon identified an in-pit diluted resource of approximately 398,000 tonnes at a grade of 0.68% nickel and 0.33% copper. Preliminary metallurgical test work on the Shining Tree mineralization by SGS Lakefield Research Limited has demonstrated that the mineralization is amenable to processing using the proposed Shakespeare mill floatation circuit.

Pictures of our Shining Tree exploration work in October 2006