MINING: GOOD NEIGHBOUR AND PROVIDER TO THE WORLD

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1 October 2010 Page 1 of 12 THE PRESIDENTS REPORT The Minerals South Conference that our Chamber is putting together is shaping up nicely thanks to the contributions of those participating. Besides all the volunteers, creating an event like this requires sponsors, trade show participants, display contributors and donators, talk presenters, companies willing to allow us to have a field trip on their property, short course presenters and many others including, most importantly, people who attend the event. To open the event, we are fortunate to get a very intriguing short course about iron oxide-copper-gold deposits and that should attract a good crowd. Due to many either just finishing their season or still continuing it, the list of speakers is not finalized yet, but we are getting close. For more details check the Minerals South brochure at the bottom of our home page at Has the road to your claims been deactivated? Do you know for sure?

2 October 2010 Page 2 of 12 The BC Ministry of Forests and Range has been on it s usual mission of deactivating roads. They occasionally announce their plans with the qualifier that those plans may change. They do not notify tenure holders in an effected valley. They will also tell you that in most cases the intention is to leave a road accessible, but with cross ditches, with some roads reduced to ATV access and small side roads completely pulled back. Many of us question the necessity of some of these actions. If the same money was spent with minor repairs to some of these roads, they would be fine for several years. We generally have no objection to making practical cross ditches, but object to road closures when unnecessary. The Ministry of Forests and Range, has an operating budget of $782 million and 3,700 employees outlined in its Service Plan for the 2010/11 budget year. By contrast, the ministry of Energy Mines and Petroleum Resources has a budget for the same period of $10.74 million. The minerals sector is producing gross revenues of $7 billion for the province of British Columbia, or almost 5% of the GDP. In contrast, the forestry sector, including wood, pulp, and paper manufacturing, is responsible for a greater share of the GDP at almost $10 billion or 7%. The amount that EMPR gets in return is way out of wack. With the down-turn in the lumber markets, the forest service seems to have too many people and/or too big a budget. In the view of most in mining exploration, there seems to be employees hanging around with nothing productive to do so they are inventing problems and destroying what we consider our infrastructure. Another thing to consider would be that if the respective budgets were more balanced perhaps we would not be hearing reports of four month and longer waits for a simple exploration permit. Timelines and other permitting issues are a subject that has to be dealt with soon by government with input from industry.

3 October 2010 Page 3 of 12 WEST HIGH YIELD ANNOUNCES COMPLETION OF TESTING ON 2010 GOLD DRILLING PROGRAM AND ADDITIONAL DRILLING RESULTS West High Yield (W.H.Y.) Resources Ltd. has completed the drilling and testing of 15 drill holes totaling 1,698 metres (5,570 feet) in its 2010 gold drilling program on the Company's Midnight Crown granted claim in the western outskirts of Rossland, British Columbia. To the present, the Company has received the analysis for 13 of the 15 holes drilled in the 2010 program. The analysis of the remaining two holes will be received in the next few weeks. The Company previously reported the assay results for 6 holes (MN10-1 through MN10-6) and now reports the results of an additional 7 holes (MN10-7 through MN10-13), which are summarized in the table below. In the table below, it is noted that two holes (MN10-9 and MN10-13) show no significant gold intersections and in the opinion of management outlines the western margin of the Midnight gold resource play. Hole MN10-10 failed to reach the desired drill depth due to encountering an old tunnel. As demonstrated in the table below, the other four holes demonstrated multiple zones of gold intersections with significant gold values, with hole MN10-11 returning g/tonne Au for a true width of 2 metres. Also hole MN10-12 returned three (3) gold intersections including one with 2.4 metres true width and values of 3.11 g/tonne Au. The southern margin of the Midnight gold resource play remains to be further tested. The Company plans to retain SRK Consulting Engineers and Scientists ("SRK") of Denver, Colorado, an independent engineering firm, to undertake an independent NI measured mineral resource estimation of the Company's Midnight property. For the readers' reference, this press release is accompanied by a map of the Company's 2010 Diamond Drilling Plan on the Midnight property Drill Gold Intersection Summary -Midnight Crown Granted Claim True Gold Silver Hole # (All vertical) Interval (m) Length (m) width (m) g/tonne g/tonne From To MN MN MN10-9 No significant gold intersection MN10-10 Unsuccessful drilling due to encountering old mine tunnel MN MN MN10-13 No significant gold intersection The Company's field activities are supervised and the technical data for this report was prepared by H. Kim, P.Geo/P.Eng (Practicing - License #21179)) and assisted by Cory Peck, B.Sc, Geol.I.T. H. Kim is a qualified person as defined by National Instrument ("NI "). The Company also advises that the Company's Board of Directors approved the granting of 1,925,000 stock options to officers, directors, employees and consultants of the Company, subject to regulatory and TSX Venture Exchange approval. The options were issued with an exercise price of $0.40 per share and have a five year term. For more information see:

4 October 2010 Page 4 of 12 Klondike Silver Corp. Continues to Intersect Lode Structure in Silvana Drilling Vancouver, BC -- Klondike Silver Corp. (TSXV:KS) (the "Company") is pleased to announce it has completed 2,341 feet (714 m) in 6 holes of an expected maximum of 4,000 feet (1,220 m) of diamond core drilling at Station No. 3 located on the westerly extension completed earlier this year of the 4625 level of the Silvana silver-lead-zinc mine. This drift extension and the associated drilling is exploring the initial portion of the 7,000 feet (1.5 km) long segment of unexplored and presumed highly prospective ground hosting the Main Lode structure of the Slocan mining camp between Sandon and Silverton, BC. The core drilling underway at Station No. 3 has continued to intersect a structure interpreted as the Main Lode structure including a zone of intersections of significant widths containing strong quartz-carbonate veining occasionally accompanied by minor lead and zinc sulphides mineralization. The four such intersections cut so far have estimated true widths of 20 feet (6 m) or more. They represent a strike length of some 200 feet (60m), with a dip length on the structure of 300 feet (90 m) indicating an openness updip and northwesterly towards the former Carnation mine workings. The latter workings as mapped in the 1950s contained discontinuous mineralized vein segments in the Main Lode structure with sampled accompanying Ag/Pb/Zn mineralization having assays of potential economic grade. In order to extend coverage and expand on the knowledge base of the Main Lode structure up dip the Company may consider re-activation of the accessible Carnation mine 5480 Level workings. A down-hole drilling program from the hangingwall side of the Main Lode into the interval from the Carnation to Silvana would be proposed. A footwall cross-cut and subsequent drilling program from the area of the current 4625 Level drilling would also be proposed to extend coverage of this interval, which has an approximate dip length of 1,500 feet (450 m). A third phase of southwesterly drift advance on 4625 Level started earlier in the year, was also based on geological information obtained from the recent drilling. It is planned for an approximate a 660 foot (200 m) advance and will similarly be followed by core drilling to further explore the Main Lode structure and its mineralization in this extensive untested area of Company-owned property. For more information go to

5 October 2010 Page 5 of 12 ADROIT RESOURCES INC.-EXPROPRIATION CASE: SUPREME COURT APPLICATION FOR LEAVE TO APPEAL SERVED AND FILED On Sept. 22, 2010, Adroit Resources Inc. served and filed an application for leave to appeal to the Supreme Court of Canada from the decision pronounced June 29, 2010, by the British Columbia Court of Appeal concerning the award of compensation to the company arising from the government of British Columbia having expropriated the company's Amber claims in If leave to appeal is granted, the company intends to seek a judgment that increases the award for compensation made by the British Columbia Court of Appeal. In a judgment handed down on June 29, 2010, the British Columbia Court of Appeal allowed the government's appeal in part, reducing the award made in the company's favour by the trial court. The court also dismissed the company's crossappeal and awarded the government costs of the appeal and cross-appeal. See company's June 30, 2010, news release in Stockwatch for details of the British Columbia Court of Appeal's decision. The company has also applied to the British Columbia Court of Appeal for reconsideration of its decision. The company's application was filed July 20, 2010, and seeks an order remitting the assessment of consequential damages to the trial court and for an increase in the interest award to reflect market rates of interest. The government has responded to that and resists the application. No decision from the court has yet been pronounced on the application. These appeal proceedings relate back to the compensation awarded to the company by the Supreme Court of British Columbia on June 24, See the company's June 25, 2009, news release in Stockwatch for further details. On July 30, 2009, the company reported that the government of British Columbia had filed a notice of appeal of that decision. See the company's July 30, 2009, news release in Stockwatch for further details. The company subsequently protested that the notice of appeal was served late, with the result that the government was required to apply to the British Columbia Court of Appeal for an order extending the time for serving the notice of appeal. On Nov. 10, 2009, the company reported that the British Columbia Court of Appeal had granted the government's application for an extension of time, but provided that the government was obliged to pay $650,000 to the company within seven days in order to stay proceedings on the trial court judgment. Management was pleased to report that following on the court's direction to the government, the company received the required $650,000 payment from the government. The company estimates the total value of the compensation originally awarded by the Supreme Court for the expropriation of the Amber mineral claims to be well in excess of $1.4-million with costs and interest. The government appealed the trial court decision so as to reduce the award. The company vigorously opposed the government's appeal and filed its crossappeal factum seeking to increase the award. Further information concerning the judgment pronounced by the trial court in the company's favour is set out in the company's news release in Stockwatch dated June 25, 2009, and the receipt of the government's notice of appeal in the company's news release in Stockwatch dated July 30, Further details of the company's expropriation claim against the government are on the company's website. The company's issued and outstanding share capital is 61,678,174 common shares rising to 68,847,507 on the issue of shares in respect of the private placement and loan conversion mentioned in its news release in Stockwatch dated Sept. 20, For more information see:

6 October 2010 Page 6 of 12 Anglo Swiss Resources Inc. Drills 3.2 Meters of Grams Gold Anglo Swiss Resources Inc. ( Anglo Swiss Resources ) reports significant advancements on its 100% owned Kenville Gold Mine property including the discovery of new high-grade gold veins from surface and underground drilling programs completed earlier this year. A new round of surface drilling will commence in October as permits have been received. The Kenville Gold Mine property is located on the northern boundary of Anglo Swiss Resources 160 square kilometers Nelson Mine Camp ( NMC ). The drill program produced 33 gold intercepts from 19 surface and 5 underground drill holes that exceeded 4.0 grams per tonne with a minimum apparent width of 0.5 meter. Management is very pleased of the discovery of additional high grade gold bearing quartz veins striking over distances of 100 to several hundred meters beyond the known Kenville Gold Mine s historical footprint. Recent drill intersections have also intersected new high grade vein structure at depths below the original production levels of the Kenville Gold Mine. These discoveries confirm the potential for new gold resources (with silver and copper enrichment), within this historic gold mining camp. For more information go to ALMADEN INTERSECTS 3.25 M OF 46.7 G/T AT ITS ELK DEPOSIT, BC Almaden Minerals Ltd. has released the results from the first 21 holes drilled at the company's wholly owned Elk gold project in Southern British Columbia. Three holes were drilled into the South zone located approximately 2.5 kilometres south of the B and WD zones (the resource area) where a compliant resource has been reported (see Almaden

7 October 2010 Page 7 of 12 news in Stockwatch Oct. 6, 2009). The rest of the hole was drilled within the resource area and was designed to increase the confidence level of the resource and expand the known mineralization. TABLE OF SIGNIFICANT RESULTS Width Gold Zone Hole From (m) To (m) (m) (g/t) South SSD South SSD South SSD Resource area SND Resource area SND Resource area SND Resource area SND Resource area SND Resource area SND Resource area SND Resource area SND Resource area SND Resource area SND Resource area SND Resource area SND Resource area including Resource area SND Resource area including Resource area and Resource area and Resource area SND Resource area SND Resource area including Resource area SND Resource area SND Resource area SND Resource area SND Resource area SND Resource area SND Resource area SND Resource area including Resource area and Resource area SND Resource area SND Resource area SND Resource area SND J.D. Poliquin, chairman of Almaden, commented: "These new results are continued confirmation of both the high-grade and bulk-tonnage potential of the Elk deposit. We are excited about the resource we have developed at Elk and hope to release the results of a preliminary economic assessment and updated resource estimation later this month." Brian Alexander, PGeo, a qualified person under the meaning of National Instrument , is supervising the 2010 exploration program at the Elk project and has reviewed the technical information in this news release. The analyses reported were carried out at ALS Chemex Laboratories of North Vancouver using industry standard aqua regia, ICP and fire assay techniques. Blanks, field duplicates and certified standards were inserted into the sample stream as part of Almaden's quality assurance and control program which complies with National Instrument requirements. Intervals that returned assays below detection were assigned zero values. Composites were calculated using a cut-off grade of 0.25 gram per tonne gold and with a maximum of five metres of internal dilution (values below 0.25 g/t). Reported widths are intersection and not true widths. For more information see: Valterra Expands Toughnut Zone by Drilling 10.86m of 1.12 g/t Au & 4.24 g/t Ag, Phase II Program Planned Valterra Resource Corporation ( Valterra ) reported that intercepts from two of the remaining drill holes on the Toughnut zone continues to expand the occurrences width and lateral dimensions based on the recent 2010 diamond drill exploration program at the Au-Ag-Cu porphyry/shear-hosted Star Project (Star and Toughnut claims) located in southeast British Columbia.

8 October 2010 Page 8 of 12 Drill intercept highlights at the Toughnut zone: VTN : VTN : 1.12 g/t Au & 4.24 g/t Ag over metres 1.71 g/t Au & 0.35 g/t Ag over 2.0 metres President Lawrence Page, Q.C. commented, We are very pleased with how our exploration investment is being rewarded and the Company s technical effort (airborne geophysics, geologic compilation, and drilling) has started to unlock the potential of this metallogenic-enriched region whose exploration history dates to the mid-1800s. The Company completed a total of 1,438 metres in seven NQ2/BTW-sized drill holes. The drilling centred on three of the five-known gold-silver +/- copper zones that are contained within a prospective 3.5 kilometre-long polymetallic mineral trend transecting the claim blocks. The initial phase of Toughnut zone drilling was highlighted by an intercept of 4.05 g/t Au and 0.88 g/t Ag over 8.0m in hole VTN (see NR-07-10). Drilling by Valterra has defined an open-ended mineral body at Toughnut measuring approximately 200 metres of strike length that is located more than 3.0 kilometres southeast of the Eureka zone. The signature of the rocks intercepted in the drilling are consistent with a zoned porphyry model subjected to shearfault/hydrothermal activity that generated focused zones of higher-grade. Zone targeting was aided by several recent technical programs implemented by Valterra in Q Firstly, a geological consultant was retained to prepare a technical (compilation) report on the Star-Toughnut dataset which outlines several geophysical, geological and reverse circulation/diamond drilling programs spanning a 25-year period. Secondly, a 30 square kilometre airborne EM-MAG survey was flown by Aeroquest Ltd. over the entire +1,900 hectare claim block (see NR-03-10). Lastly, the airborne data was subjected to detailed processing analyses by a geophysical consultant whose work refined and sharpened numerous airborne anomalies warranting follow-up. Valterra has recently received permit approval and anticipates undertaking a Phase II exploratory drill program on several anomalies in the area during Q3/Q4 of 2010 including: Toughnut - additional drill fences are proposed, especially south of holes VTN and -005 to test the extension of the multiple zones returned in those holes where gold assays graded up to 6.95 g/t. Gold Eagle - select drilling is anticipated in this on-strike region favourably juxtaposed approximately 900m northwest of the Toughnut zone and roughly 1.2km southeast of the Alma N zone. Historical (unverified) highgrade assays for drilling conducted in 1988 at the Gold Eagle included 90.0 g/t Au and 80.9 g/t Ag over 1.52m in hole S Additionally in 2010, Valterra field geologists collected a grab sample from a strongly brecciated and altered outcrop located nearby that returned 4.73 g/t Au and 8.2 g/t Ag. Other targets potentially subject to drilling in this Phase II proposal are the Eureka Trend Trend (poorlytested, parallel-trending, resistivity anomalies measuring 2.3km and 1.6km in length, respectively), Alma N, and Atlas zones. For more information go to

9 October 2010 Page 9 of 12 MINERALS SOUTH 2010 FOR BROCHURE AND REGISTRATION FORM GO TO OUR WEBSITE AT: IF YOU ARE INTERESTED IN HAVING A TRADE SHOW BOOTH THERE ARE STILL A FEW BOOTH SPACES AVAILABLE. IF YOU WANT TO BE A SPONSOR, THERE ARE SPONSORSHIP OPPORTUNITIES AVAILABLE. FOR INFO CALL JANE AT OR chamberofmines@netidea.com

10 Thank You The Chamber of Mines of Eastern BC thanks all of our sponsors for their overwhelming generosity and support

11 Thank You The Chamber of Mines of Eastern BC thanks all of our sponsors for their overwhelming generosity and support Gerex Developments Ltd. Emerald Gold Mines Inc.

12 October 2010 Page 12 of HALL STREET NELSON, BC V1L 5X4 PHONE (250) Membership Application form For the Year 2011 YOUR SUPPORT IS ESSENTIAL TO THE LIFE OF THE CHAMBER PLEASE COMPLETE SO THAT WE CAN UPDATE OUR FILES. NAME: COMPANY STREET ADDRESS: CITY/PROVINCE/POSTAL CODE: PHONE: AREA CODE: PHONE: FAX: INDIVIDUAL MEMBERSHIP SMALL CORP MEMBERSHIP (2-10 EMPLOYEES) SMALL CORP MEMBERSHIP (11-30 EMPLOYEES) MEDIUM CORP MEMBERSHIP (31-50 EMPLOYEES) LARGE CORP MEMBERSHIP (51+ EMPLOYEES) Date. $ $ $ $ $ $ THANKS FOR YOUR SUPPORT Chamber of Mines of Eastern BC