The proposed work for 2012 includes re-activiation of the exploration camp at Coates Lake and a 30 to 35 day program of ground geophysics (50 km of IP, up to 33 km of ELF-EM), geological exploration mapping and sampling, and gepchemical sampling. The objective of this work is to locate diamond drill targets to be drilled in 2013 and later years. The location, number of drill holes, depth, and overall level of effort of any drilling program cannot be estimated until the 2012 exploration program has been completed. Once a program for 2013 has been defined, Redbed will apply to amend the LUP accordingly. The geophysics surveys will be conducted on the Redbed-owned Coates Lake, Hidden Valley, Johnson Vein, Lisa, and Hayhook claim/lease blocks. The geochemical and geological sampling and mapping will be conducted in these areas as well as in a broader zone outside the claim lease blocks.