Hood River Property (100 km north of the Jericho Diamond Mine)

The diamondiferous Tenacity kimberlite, with a surface expression of approximately 80 m by 100 m, was discovered on the Hood River property in 2000. Approximately 558 kg of kimberlite processed in 2000 returned 218 diamonds measuring greater than 0.15 mm. Of these, 24 diamonds were larger than 0.5 mm in one dimension; seven diamonds did not pass through a 0.5 mm square mesh sieve; and one diamond did not pass through a 1 mm square mesh sieve. These preliminary results indicate that the Tenacity kimberlite probably does not have sufficient grade or size to be economic on a stand-alone basis. However, the extensive nature and mineral chemistry of the kimberlite indicator mineral train emanating from the area of the Tenacity kimberlite indicates that the property has potential for additional discoveries. Kennecott has a 1% gross royalty based on future diamond production from the Hood River property.

The 2005 spring program included geophysical surveys and drilling of prospective kimberlite targets near the head of unresolved kimberlite indicator mineral trains on the Tenacity South property (Tahera / Strongbow joint venture).

Although no work is planned during 2006, Tahera will continue to assess the diamond potential of this region.