KEY EXPLORATION FOCUS

Halle Property, Grenville Project
The Halle Property is located 20 km east of Belleterre, Quebec. Airborne geophysical surveying identified two extremely conductive, multi-channel electromagnetic with coincidental magnetic anomalies. Ground crews have determined that the source of these anomalies appears to be buried beneath overburden. However, grab sampling of the limited outcrop near the anomalies has returned anomalous gold, nickel, copper and chromium values. These outcrops appeared to be highly silicified, and no graphite was observed. A review of Quebec assessment files indicates that no definitive exploration work has been conducted in the immediate area of these anomalies. Richmond plans to conduct detailed ground geophysical surveying followed by diamond drilling in the the upcoming season.

Ste. Anne du Lac Property, Grenville Project
The Ste. Anne du Lac Property is located 30 kilometers northeast of Mont-Laurier, Quebec and is easily accessible by paved road. The project consists of more than 150 claims and lies within the Cabonga-Mont Laurier radioactive district of the Grenville Geological Province. The project lies immediately to the west of Strateco’s Mont-Laurier uranium project and southwest of Nova Uranium’s property, which hosts several uranium showings. Certain aspects of the geological setting of the Mont-Laurier district are similar to the deposit rich geology of the Athabaska Basin in Saskatchewan. Richmond Management is planning a program of airborne spectrometric/magnetic surveys to be completed on the Ste. Anne du Lac property in the spring of 2007 followed by ground surveying of identified airborne uranium targets including stripping, blasting and sampling during the the upcoming season.

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