• Favorably located, being 25 kilometers north of Nain, adjacent to an original Diamond Fields claim block covering the Barth Island troctolitic intrusion.
• Airborne geophysical survey completed in 1996 and identified several Mag and EM anomalies.
• Ground based follow up and Max-Min and EM 37 geophysical surveys pinpointed the ground position of the anomalies.
• VLF-EM modeling shows a strong structure striking northward from Barth Island. This is now known to represent a fault.
• 9 hole diamond drill program conducted in the fall of 1996 intersected “layered primary sulphides” several meters thick in places containing Copper, Nickel, Cobalt and minor platinum values.
• Subsequent computer modeling of the geophysical data shows that the sulphides intersected in the drill holes do not represent the cause of the strong geophysical anomalies.
• July 1998 “down hole Time Domain EM” survey has identified several off hole conductors and other conductors beneath the holes drilled, confirming that the initial sulphide intersections do not represent the strong surface anomalies.
• July 1998 surface Time Domain surveys on the southern portion of the grid has identified further strong geophysical anomalies. These can be regarded as valid drill targets. Recommendation for geophysical work followed by drilling from GeoScott Explorations.
• In mid 2003 Pathfinder Resources completed a seven-hole, 1,310-metre drill program on the Sachem Bay nickel property .
• A strong near surface EM conductor was tested by four drill holes drilled by Pathfinder. The conductor was explained by a series of thin sulphide (pyrrhotite) rich layers distributed over six- to 22-metre-thick intervals that contain anomalous values of nickel, copper and cobalt overall. The highest grade single layer assayed 0.21 per cent Ni, 0.22 per cent Cu and 0.06 per cent Co over a 1.0-metre core interval.
• Drill tests of two other low resistivity anomalies were explained by fault structures. A strong downhole electromagnetic conductor indicated below a 250-metre hole drilled in 1996 was not explained by a 221-metre extension of the hole.
• Expenditures in excess of $600,000 since July 1996. $100,000 in 2003
• Several other strong geophysical anomalies remain to be drill tested along the 1,000 meter long grid subsequent to the 2003 drilling.
• Property is available for J.V. and is in good standing.

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