52A04SE2012 2.23758 PARDEE

REPORT ON DIAMOND DRILLING

DEVON AND PARDEE TOWNSHIPS

DISTRICT OF THUNDER BAY, ONTARIO, CANADA

NTS 52 A/4

FOR

NORTH ATLANTIC NICKEL CORP.

AND

DUMONT NICKEL INC.

010

fT'- '..:' ;'"' p ' V r..' :~~vl \ :-- ~..- U. ; V- '-. :~'

JUH i 7 2CC2-' ;

RECEIVED

J UN 1 7 ?CC2

GEOSCIENCE ASSESSMENT OFFICE

Jon NorthMafic Planet LimitedApril 2002

2, 237 58

TABLE OF CONTENTSpage

Table of Contents 2Introduction 3Description of the property 3Geology 7History of exploration 7Description of the drill holes 9 Conclusions and recommendations 9References 11

List of Figures

Figure 1: Claim map of Devon Township 4Figure 2: Claim map of Pardee Township 5Figure 3: Claim map of Pearson Township 6Figure 4: Project location and geology 8

APPENDIX A: Certificate of Qualifications 12 APPENDIX B: Diamond Drill Records 13

Plan maps and sections of diamond drill holes (back of report)

Introduction

Diamond drill holes BP-02-01, BP-02-02, and BP-02-03 were drilled at Devon and PardeeTownship in April 2002. The drill holes tested the Keweenawan stratigraphic section for mineralized gabbro intrusions at the base of barren Logan diabase sills. The total metreage of BQ core drilling is 1200 m. The results of the drilling are described herein.

Description of the property

The holes were drilled in Devon Township, 60 km south of Thunder Bay, Ontario. Access is by Highway 61, secondary township roads, and logging access roads. The project is a 50:50 joint venture between North Atlantic Nickel Corp. and Dumont Nickel Inc. The claim boundaries are illustrated in Figures 1, 2, and 3. The claim information is described in Table 1.

Geology

The area south of Thunder Bay is south of the boundary between the older Archean craton in the north and Paleo- to Mesoproterozoic basins in the south. In this area of the Southern Province (c.f. Ontario Geological Survey 1991, Bedrock Geology of Ontario, West-Central Sheet; Ontario Geological Survey, Map 2542, 1:1,000,000) the Paleoproterozoic Gunflint Formation and Rove Formation of the Animikie Supergroup are intruded by several Mesoproterozic gently-tilted diabase sills and subvertical dikes of the Keweenawan Supergroup. The Keweenawan intrusions of the western Lake Superior area include the Duluth Complex, Coldwell Complex, and Crystal Lake Gabbro (Figure 4).

History of exploration

The database provided by government consists of the following publications:

1962: GSC total field magnetic survey at V* mile line spacing, 1000' sensor height 1991: Ontario Geological Survey Map 2542 West-Central Sheet Bedrock Geology of Ontario scale 1:1,000,0001964: Ontario Department of Mines Map 2065, Atikokan-Lakehead Sheet, scale 1:253,4401936: Tanton (1935) Canada Department of Mines Map 356A and 355A (out of print), Pigeon River Area, Thunder Bay District, scale 1:63,360Geul, J.J.C. 1970. Geology of Devon and Pardee Townships and the Stuart Location.

Ontario Department of Mines, Geological Report 87, 52 p.

•j l'

Tablet.TOWNSHIP/

AREADEVON

DEVON

DEVON

DEVON

DEVON

DEVON

DEVON

DEVON

DEVON

DEVON

DEVON

DEVON

DEVON

DEVON

DEVON

DEVON

DEVON

'PARDEE

PARDEE

PARDEEPARDEEPARDEE

PARDEE

'PARDEE

PARDEE

PARDEE

PEARSON

PEARSON

PEARSON

PARDEE

PARDEE

PARDEE

PARDEE

PARDEE

PARDEE

PARDEE

DEVON

DEVON

DEVON

DEVON

DEVON

ClaimNumber

TB 121 8881

TB 1231682

TB 123 1728

TB 123 1729

TB 1231730

TB 1231 731

TB 1231 931

TB 1232760

TB 1232761

TB 1232762

TB 1232763

TB 1232764

TB 1232791

TB 1232792

TB 1232793

TB 1232794

TB 1239442

TB 1207995

TB 1238085

TB 1239758

TB 1239759

TB 1239761

TB 1239762

TB 1239763

TB 1239764

TB 1239773

TB 1209668

3001525

3001526

3001527

3001528

3001529

3001530

3001531

3001532

3001533

3001534

3001535

3001536

3001537

3001538

Units

8

16

5

16

16

16

16

5

10

10

10

12

16

16

16

16

8

12

4

8

16

16

16

8

8

16

16

10

6Q

16

16

4

4

8

4

2

2

4

3

4

Recordina Date

1998-MAY-12

1998-MAY-12

1997-SEP-17

1997-SEP-17

1997-SEP-17

1997-SEP-17

1998-MAY-12

1998-MAY-12

1998-MAY-12

1998-MAY-12

1998-MAY-12

1998-MAY-12

1998-MAY-12

1998-MAY-12

1998-MAY-12

1998-MAY-12

1999-SEP-27

1998-AUG-05

1999-SEP-13

1999-SEP-20

1999-SEP-20

1999-SEP-20

1999-SEP-20

1999-SEP-20

1999-SEP-20

1999-SEP-20

1995-JUL-31

2002-feb-14

2002-feb-14

2002-feb-14

2002-feb-14

2002-feb-14

2002-feb-14

2002-feb-14

2002-feb-14

2002-feb-14

2002-feb-14

2002-feb-14

2002-feb-14

2002-feb-14

2002-feb-14

Claim Due Date

2002-MAY-12

2002-MAY-12

2002-JUN-17

2002-JUN-17

2002-JUN-17

2002-JUN-17

2002-MAY-12

2002-MAY-12

2002-MAY-12

2002-MAY-12

2002-MAY-12

2002-MAY-12

2002-MAY-12

2002-MAY-12

2002-MAY-12

2002-MAY-12

2002-SEP-27

2002-AUG-05

2002-SEP-13

2002-SEP-20

2002-SEP-20

2002-SEP-20

2002-SEP-20

2002-SEP-20

2002-SEP-20

2002-SEP-20

2002-JUL-31

2004-feb-14

2004-feb-14

2004-feb-14

2004-feb-14

2004-feb-14

2004-feb-14

2004-feb-14

2004-feb-14

2004-feb-14

2004-feb-14

2004-feb-14

2004-feb-14

2004-feb-14

2004-feb-14

Status

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

AA

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

WorkReauired3200

6400

2000

6400

6400

6400

6400

2000

4000

4000

4000

4800

6400

6400

6400

6400

3200

9600

1600

3200

6400

6400

6400

3200

3200

6400

635

4000

2400

3200

6400

6400

1600

1600

3200

1600

1600

800

1600

1200

1600

Total Applied

6400

12800

4000

12800

12800

12800

12800

4000

8000

8000

8000

9600

12800

12800

12800

12800

3200

4800

1600

3200

6400

6400

6400

3200

3200

6400

37765

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Total Reserve

0

1

0

0

1205

0

0

0

0

0

0

0

0

0

0

o l0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

ADMMISTRATIVE DISTRICTS l DIVISIONS

MMng DmtatHi Thuw)*i BIT

THUHOEM BAT

HlnMry tl N*w*J Knuixa* OWItlcl TMUHDM KAY

MINING LAND TENURE

MAP

DM* tnuoftaMM Jan4 MM t1:llhlM

TOWNSHIP r AREA PLAN

PEARSON G-OW2

ADMINISTRATIVE DISTRICTS ' DIVISIONS• Inlng ttvltbfi Thufldw Miy

(.(ltd THlMfllMKttt DtoMlo* THUHOCH BATMMUHif el (taw* Uneven CWHit! TttUHOEH BAY

TOTOOIUPHIC

Q -——H ——D ~.—

UWDTENLMI

Bs

Q

QaQQ

LAND TIMUHC MTTt1DltAW*L9

MPOHTMIT NOTKU

LAND TfHUMt tMTHORAWAL DUCMTOOM

IMPORTANT HOTICEI

toCO

en oo

2. 237 58

Figure 4. Proterozoic geology of the Lake Superior area, and location of Blake Project

Logan Sills (traps

N Blake Channels*.J——K————————————————————————————,

Duluth Complex L—v

Nipigon Picrites50" N

Coldwell Complex

Lower Osler Group.*-''' \ ; Upper Osler Group (traps)

N. — \ ——.^ Portage Lake Volcanics (traps) \

Crystal Lake Gabbro Pigeon River dikes

North Shore Volcanics (traps)

modified from Sutcliffe (1991)

Mamainse Point Group (traps)

870W

237 58j*

The previous exploration by the private sector is as follows:

In 1962, Denison Mines conducted a magnetic survey (Lalonde, 1962) and prospecting/geology (Sozanski, 1962) on an easterly-trending dike of the Pigeon River suite (see below) that passes through claim 1232764. The dike shows up as a magnetic high, and small showings with up to Q.46% Cu and Q.38% Ni were noted.

Cominco drilled vertical holes DEV-1 and DEV-2 into the above Pigeon River dike immediately west of claim 1232764 (Fig.4; Tanaka, 1968). Hole DEV-1 was 50.57 m long, passed through 1.2 m of overburden, and then encountered gabbro dike for the entire hole. A weakly mineralized zone with fine-grained, disseminated pyrrhotite, chalcopyrite and pentlandite was intersected from 58.82 to 99.97 m. This 41.15m long section (presumably down the dip of the mineralization) averages Q.07% Cu and Q.05% Ni. Hole DEV-2 was 309.07 m long, and passed through less than 3.5 m of overburden before reaching the gabbroic dike which persisted for the length of the hole. Only minor specks of chalcopyrite were noted in this hole, and no assays were recorded.

In 1971 Olavi Isotalo excavated a trench on present claim 1231729, and drilled two closely-spaced holes on claim 1232760. Hole 1-1 was 76.20 m long, with a dip of -450 and an azimuth of 3350 (Kelly, 1971). The hole penetrated 4.09 vertical m of overburden, followed by a 29.3 m vertical thickness of diabase (likely a sill according to the map of Geul, 1970), and ended in sediments of the Rove Formation. Minor disseminated sulphides are reported in the diabase, but no assays are recorded. Hole I-2 was 76.35 m long, and likewise dipped -45" toward 3350 . The hole penetrated 5.60 vertical m of overburden, followed by a 7.77 m thick (vertical thickness) sill, argillite of the Rove Formation, a 20.26 m thick diabase sill commencing at a true depth of 31.89 m, and then ended in Rove Formation. Minor disseminated sulphides were noted in both sills, but no assays are provided.

Fleck Resources examined Isotalo's property in 1990, concentrating on ground in Pardee Township, immediately east of North Atlantic's claims. They completed a magnetic and a soil geochemistry, neither of which discovered anything of interest (McGoran, 1991).

North Atlantic Nickel drilled BP-99-2 in March, 1999 (North 1999). The drill hole was deepened as BP-00-01 by Dumont Nickel (North 2000). In BP-99-2 and 00-01 a gabbro channel approximately 200 m thick was intersected. Dumont Nickel also drilled BP-00-02 northwest of BP-99-2. In 2001 Dumont Nickel drilled BP-01-01 and BP-01-02 respectively 150 m southeast and 150 m northeast of BP-99-2 (North 2001).

Description of the drill holes

BP-02-01 and BP-02-02 tested the continuity of the gabbro channel intersected in BP- 01-01 and BP-01-02. The channel is interpreted as striking NE. The drill hole logs, sections, and assay certificates are in Appendix B. BP-02-03 was a test of the NE strike extension of the stratigraphy intersected in BP-01-01 and BP-01-02.

Several diabase and gabbro sills hosted within the Rove Formation were intersected however appreciable accumulations of sulphide minerals were not discovered.

10 Conclusions

There is wide variation in the nature and abundance of diabase/gabbro in the section, however in the area of these drill holes there are no appreciable sulphide accumulations and no further work is recommended.

Respectfully submitted,

MAFIC PLANET LIM&fED

Jon North, Ph.D. Geologist

11References

Geul, J.J.C. 1970. Geology of Devon and Pardee Townships and the Stuart Location. Ontario Department of Mines, Geological Report 87, 52 p.

Lalonde, E. J. 1962. Report of a magnetic investigation in the vicinity of Pigeon River, Ontario. Unpublished Assessment Report, Denison Mines, 2 p. Afri No. 52A04SW0073.

Lightfoot, P.C., and Lavigne, M.J., 1995. Nickel, copper, and platinum group element mineralization in Keweenawan intrusive rocks: new targets in the Keweenawan of the Thunder Bay region, north western Ontario. Ontario Geological Survey Open File Report 5928, 32 p.

McGoran, J.P. 1991. 1990 exploration program, Isotalo Property, Pardee Township, Thunder Bay Mining Division, Ontario. Unpublished Assessment Report, Fleck Resources Ltd., 84 p. AFRI No. 52A04SW0101.

North, J., 1999. Report on diamond drilling, Devon Township, District of Thunder Bay, Ontario, Canada, NTS 52 A/4, for North Atlantic Nickel Corp., Unpublished assessment report, 10 p.

North, J., 2000. Report on diamond drilling, Devon and Pardee Townships, District of Thunder Bay, Ontario, Canada, NTS 52 A/4, for Dumont Nickel Inc., Unpublished assessment report, 9 p.

North, J., 2001. Report on diamond drilling, Devon Township, District of Thunder Bay, Ontario, Canada, NTS 52 A/4, for Dumont Nickel Inc., Unpublished assessment report, 13 p. plus Appendices.

Ontario Geological Survey 1991. Bedrock Geology of Ontario, West-Central Sheet; Ontario Geological Survey, Map 2542, 1:1,000,000.

Pufahl, P.K., 1996. Stratigraphic architecture of a Paleoproterozoic iron formation depositional system: The Gunflint, Mesabi, and Cayuna iron ranges. Unpublished M.Se. thesis, Lakehead University, 167 p.

Sozanski, A.G. 1962. Geological Report EX.538. Unpublished Assessment Report, Denison Mines, 4 p. AFRI No. 52A04SW0073.

Tanaka, V.A. 1968. Drill logs, holes DEV-1 and DEV-2. Unpublished Assessment Information, 7 p. AFRI No.52A04SW0070.

12APPENDIX A

CERTIFICATE OF QUALIFICATION

As the author of the report entitled "REPORT ON DIAMOND DRILLING, DEVON AND PARDEE TOWNSHIPS, DISTRICT OF THUNDER BAY, ONTARIO, CANADA", l hereby make the following statements:

1. My name is Jon William North, l am a Geologist and employed by Mafic Planet Limited, a mineral exploration consulting company. My office address is 1413 Jefferson Cres., Oakville, Ontario, L6H 3G5.

2. l have received the following degrees in Geology/Earth Sciences:B.Sc., awarded in 1984 by the University of Western Ontario, London, Ontario;M.Se., awarded in 1988 by Memorial University of Newfoundland, St. John's,Newfoundland;Ph.D., awarded in 1993 by the University of Western Ontario, London, Ontario.

3. l am a member of the Prospectors and Developers Association of Canada, the Association of Geoscientists of Ontario, the Society of Economic Geologists, and a Fellow of the Geological Association of Canada.

4. l have been a practicing professional Exploration Geologist and research scientist since 1984.

5. l have read National Instrument 43-101 (Standards of Disclosure for Mineral Exploration and Development of Mining Properties), and l am a "Qualified Person" for the purposes of that instrument. This report has been prepared in compliance with Parts 5, 6 and 7 of National Instrument 43-101.

6. This report is based on field work personally supervised by the writer between April 11 th and May 2, 2002 and from information in the public record in the Ministry of Northern Development and Mines Assessment files.

Dated at Oakville, Onta/lo this l *-f day of ^~v*.— , 2002.

Jon North

13 APPENDIX B

Diamond Drill Records BP-02-01, BP-02-02, and BP-02-03

North Atlantic Nickel Corp.Diamond Drill Core Record

Project: BlakeHole Number: BP-02-01Claim Number: 1231729Target: C2Core recovery^ 95"XoCore storage: Gorham TownshipDrilled by: NorexNotes:

MetresFrom

0.0021.0039.95

174.22

191.97

198.20

207.85

213.60

248.40

Unit NameTo21.0039.95

174.22

191.97

198.20

207.85

213.60

248.40

259.43

BW CasingRove FormationDiabase

Taxitic Gabbro

Diabase

Taxitic Gabbro

Diabase

Taxitic Gabbro

Rove formation

Date Started: 13 April 2002Date Completed: 22 April 2002Logged By: Jon NorthCore Size: BQ

Description

siltstone member, grey, thickly-bedded

UTM: 297270 E S328272 NCollar Elevation: 415 mAzimuth: n/a Inclination: -90Survey Type: HF

m0

350

baked siltstone for 22cm on ucon, chilled upper marginweakly mt., homogeneous, fg-mgfew micaceous intervals slightly hydrated ————

Az. Incl.-90-90

Sample

at 89.0 the unit becomes increasingly gabbroic and eg granular, traces of fg-mgpy from 89.0 to 95.0 j | 1

164.0 to 174.22 start to see more of a porphyritic texture with cpx+spinelweakly to moderately pegmatoidal, eg cpx-plag-amphlbole cm-scate patcheswith mg spinel and tr cpy |

m

From

— ———

unusual spinifex-like texture of sheafs of femag mineral in a couple of short intervalsat 179.0 and 187.5from 191.35 to 191.38 a purple glass chill possibly a small, late diabase injectionucon 20cm glass, otherwise fg aphanitic, black, wmt, cpx and plag-phyric in centretr.-.50A diss. py and po throughoutNB: Icon of overlying gabbro is not fg suggesting the diabase is laterIcon 20cm of glassas above but weakly taxiticIcon not altereducon 20cm glass, black, aphanitic to fghighly fractured, blocky, talcose, apparently a high Mg phaseIcon 20cm of glass 1as above, weakly taxitic, ucon slightly baked, some talcose intervalsfrom 214.7 to 217.4 granophyric phase, red kspar gives pigmentation, and kspar in fracturescpy droplets appear at 241.86po appears in the droplets at 245.54, never more than tr.-0.5 0A total sulphidelast m has granular texture and Icon at 360 teaSiltstone member, ucon baked for 1 mthickly-bedded perp. tea

Sheet 1of 2Total Depth: 353 m

Az.

To

—————

Incl.

Total

"~r- —— ——

Project: BLAKEHole Number: BP-02-01

MetresFrom259.43

280.78328.53350.00353.00

Unit NameTo

280.78

328.53350.00353.00

EOH

Gabbro

Rove SiltstoneGabbroRove Siltstone

Description

1m chill, ucon perp. teamg granular, tr. po+cpy, 1m chill at Iconas above, bedding and ucon perp. teaas aboveas above

Sample From

Sheet 2 of 2

To Total

."X

J-.p'-'

NORTH ATLANTIC NICKEL CORP.Diamond Drill Core Record

Project: BLAKEHole Number: BP-02-02Claim Number: 1231729

rCore recovery:Core storage: Gorham Twp.

Notes:

MetresFrom

0.0020.00

156.04

182.21

187.47195.70

198.90

258.26

279.83

Unit NameTo

20.00156.04

182.21

187.47

195.70198.90

258.26

279.83

320.00

320.00 EON

lBW casingRove Formation

Gabbro (C2)

Diabase

Gabbro (C2)Diabase

Gabbro (C2)

Diabase

Gabbro

Date Started: 22 Apr. 2002Date Completed: 25 Apr. 2002Logged By: Jon NorthCore Size: BQ

Description

grey siltstone, thickly-bedded, S"*, graphitic laminaecontact thermal metamorphism starts at 147.0dk green mgupper 2 m are micaceousminor red feldspar in upper 10mphyric cpx and spineltrace sulphidefg glassy diabase sill injection 1 81 .7-1 81.8fg with glassy contacts, prismatic cpx phenocrystsweakly magnetic, clearly later than the gabbroas aboveas abovexenolith of gabbro from 198.27 to 198.4as above

UTM: 297492E 5328197 NCollar Elevation: 420 metresAzimuth: Inclination: -90Survey Tm

0320

224.4-229.4 somewhat fractured, with red feldspar alterationminor diss pyas above2'fa diss py at top 1 mas above304.1- 304.16 diabase, glassycontact at 31 1 .26 changes to chilled margin for 1 m

l

ype:HFAz. Incl.

.90-90

Sample

m

From

Sheet 1of1Total Depth: 320 rt

Az.

To

————

Incl.

Total

NORTH ATLANTIC NICKEL CORP.Diamond Drill Core Record

Project: BLAKEHole Number: BP-02-03Claim Number: 1207995

Core recovery: >95%Core storage: Gorham Township

Notes:

MetresFrom

0.0023.00

54.6164.6469.63153.05176.64315.35323.00327.14387.65389.63457.00468.22527.00

To23.0054.61

64.6469.63153.05176.64315.35323.00327.14387.65389.63457.00468.22527.00EOH

Unit Name

CasingGabbro/Logan

Rove SiltstoneLogan diabaseRove SiltstoneLogan diabaseRove SiltstoneRove graphitic argilliteLogan diabaseRove graphitic argilliteLogan diabaseRove graphitic argilliteLogan diabaseRove graphitic argillite

Date Started: 25 Apr. 2002Date Completed: 30 Apr. 2002Logged By: Jon NorthCore Size: BQ

Description

blotchy, mg, with eg dark green femagand light pegmatoidal plag patchesImchillatperp. Icontypical1m chill at perp. uconas aboveas aboveas abovefinely laminated, graphitic, pyritic argilliteas aboveas aboveas aboveas aboveas aboveas above

UTM: 301502 E 5330742 NCollar Elevation: 320 metresAzimuth: Inclination: -90Survey Tm

0527

ype:HFAz. Incl.

-90-90

Sample

m

From

Sheet 1of 1Total Depth: 527 m

Az.

To

—— ——

Incl.

Total

ONTARIO MINISTRY OF NORTHERN DEVELOPMENT AND MINES

Work Report Summary

Transaction No: W0240.01032 Status: APPROVED

Recording Date: 2002-JUN-17 Work Done from: 2002-APR-11

Approval Date: 2002-JUL-25 to: 2002-MAY-03

Client(s):

303588 NORTH ATLANTIC NICKEL CORP

Survey Type(s):

PDRILL

Work Report Details:

Claim*

TB

TB

TB

TB

TB

TB

TB

TB

TB

TB

TB

TB

TB

TB

TB

TB

TB

1207995

1218881

1231682

1231728

1231729

1231730

1231731

1231931

1232760

1232761

1232762

1232763

1232764

1232791

1238085

1239442

1239773

Perform

541,976

SO

SO

SO

553,605

SO

SO

SO

SO

SO

SO

sosososososo

595,581

External Credits:

Perform Approve

841,976

SO

SO

SO

S53.605

SO

SO

SO

SO

SO

SO

soSO

soSO

soso

595,581

so

Applied

S9.600

S3.200

S6.400

S2.000

S6.400

S6.400

56,400

S6,400

52,000

54,000

S4.000

54,000

54,800

S6.400

51,600

53,200

56,400

583,200

Applied Approve

S9.600

53,200

56,400

52,000

S6.400

56,400

S6.400

S6.400

S2.000

S4.000

54,000

54,000

54,800

56,400

51,600

53,200

56,400

583,200

Assign

519,995

SO

SO

SO

547,205

50

SO

SO

SO

SO

SO

SO

SO

SO

so50so

567,200

Assign Approve

19,995

0

0

0

47,205

0

0

0

0

0

0

0

0

0

0

0

0

567,200

Reserve

512,381

SO

SO

SO

SO

SO

SO

SO

SO

SO

so50sosoSO

so50

512,381

Reserve Approve

S12.381

SO

SO

SO

SO

SO

SO

SO

50

50

50

SO

SO

sosososo

512,381

Due Date

2003-AUG-05

2003-MAY-12

2003-MAY-12

2002-SEP-17

2002-SEP-17

2002-SEP-17

2002-SEP-17

2003-MAY-12

2003-MAY-12

2003-MAY-12

2003-MAY-12

2003-MAY-12

2003-MAY-12

2003-MAY-12

2003-SEP-13

2003-SEP-27

2003-SEP-20

Reserve:S12

S12

,381 Reserve of Work Report*: W0240.01 032

,381 Total Remaining

Status of claim is based on information currently on record.

52A04SE2012 2.23758 PARDEE 900

2002-Aug-07 14:01 Armstrong-d Page 1 of 1

Ministry ofNorthern Developmentand Mines

Date: 2002-JUL-25

Ministers du Developpement du Nord et des Mines

JON WILLIAM NORTHNORTH ATLANTIC NICKEL CORP1413 JEFFERSON CRESCENTOAKVILLE, ONTARIOL6H 3G5 CANADA

OntarioGEOSCIENCE ASSESSMENT OFFICE 933 RAMSEY LAKE ROAD, 6th FLOOR SUDBURY, ONTARIO P3E6B5

Tel: (888) 415-9845 Fax:(877)670-1555

Dear Sir or Madam

Submission Number: 2.23758 Transaction Number(s): W0240.01032

Subject: Approval of Assessment Work

We have approved your Assessment Work Submission with the above noted Transaction Number(s). The attached Work Report Summary indicates the results of the approval.

At the discretion of the Ministry, the assessment work performed on the mining lands noted in this work report may be subject to inspection and/or investigation at any time.

The revisions outlined in the Notice dated June 19, 2002 have been corrected. Accordingly, assessment work credit has been approved as outlined on the Declaration of Assessment Work Form that accompanied this submission.

If you have any question regarding this correspondence, please contact BRUCE GATES by email at bruce.gates@ndm.gov.on.ca or by phone at (705) 670-5856.

Yours Sincerely,

Ron GashinskiSenior Manager, Mining Lands Section

Cc: Resident Geologist

North Atlantic Nickel Corp (Claim Holder)

Assessment File Library

North Atlantic Nickel Corp (Assessment Office)

Visit our website at http://www.gov.on.ca/MNDM/LANDS/mlsmnpge.htm Page: 1 Correspondence 10:17308

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North Atlantic Nickel Corp.Devon Township, Ontario

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•vi International Exploration & Mining Consultant*295000 298000297000296 DOG OONBULTINO LIMITBD

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North Atlantic Nickel Corp.Pardee Township, Ontario

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DRAWN: MPH TOROMTO

DATE: JUNE 2002

International Exploration Mining Consultants

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NORTH ATLANTIC NICKEL CORP.

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SCALE: I:IOOOFIGURE:

DRAFTED BY: MC

DRAWN: MPH TORONTO

DATE: MAY 2002

International Exploration Mining Consultants

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SCALE: I:IOOOFIGURE:

DRAFTED BY: MC

DRAWN: MPH TORONTO

DATE: MAY 2002

•ULTIMO UMITBD

International Exploration Mining Consultants

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52A04SE2012 2.23758 PARDEE 260

NORTH ATLANTIC NICKEL CORP.

Blake Project, Ontario

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SCALE: 1:1000

FIGURE:

DRAFTED BY: MC

DRAWN: MPH TORONTODATE; MAY 20Q2

•VI PHI International Exploration Mining Consultants