T OE T SX V T OE TS X V RECENT NEWS Sky L ak e Pr oje ct On t ario Dee p looking I P s ur v e y c omp le t e d at K ov al go ld de po s it Pic kle La k e Gol d Mining Di s tric t Strong res pon s es at the de pos it highli gh t promising dril l t arge ts New b oar d me mb e r s add d e p th and e xp e rie n c e Ne w direct ors hav e joined T OE s t ea m A plan is in plac e t o refres h the Compa n y and s treng the n mana ge m en t Priv a t e p lace men t ann ou n c e d t o r aise u p t o 650000 Sou th Ab itib i Nip issi n g Cobalt Pr oje cts On t ario T wo s ep arat e ag ree men ts reache d with De Beers Cana da I nc De Beers t o fund prelimi nar y diamond e xploration at T OE s pro pe rties in th e Cob altT e ma ga mi M ining Dis trict