The overall geological setting of the Lake Superior area and Nipigon Plate is similar to the Noril'sk camp in Siberia in that there is a major rift structure, extensive flood basalts that are chalcophile depleted, and extensive Proterozoic sediments that c ontain abundant sources of sulphur. The Noril'sk region contains in past production and present reserves approximately 555 million tonnes of ore with an equivalent grade of 2.7% nickel as opposed to Sudbury which contains 1.6 billion tonnes of 1.2% nickel. Although smaller than Sudbury, the higher grade nickel – copper ores at Noril'sk contain about the same amount of nickel metal as Sudbury, twice as much copper, and 15 times as much total PGE (Naldrett, 1993).

A principal target of the Company is a Noril'sk type body (sulphides with nickel-copper-PGE) or a Lac des Iles (pyroxenite) type. These types of targets can be detected with a combination of conventional geophysical methtods, geology, and drilling.

The Noril'sk type of sulphide target consists of disseminated sulphides at he base of the dolerite (diabase) sills. Hence induced polarization would be the best approach to locate a large disseminated sulphide halo.

The Noril'sk deposits in Siberia are the world's largest producers of palladium besides being in the league of Sudbury for nickel production. They form large dimension flat lying to trough shaped ore bodies that are amenable to open pit or low cost underground mining methods. It is the Company's opinion that these types of deposits would be preferred as opposed to narrow width Bushveld type horizons as targets for exploration that may lead to a commercial size deposit.