2007 - Validation of Historical Results

• Hole twinning program to validate historical work
• Basis for Micon 43-101 Property of Merit Report (August 2007)
• Airborne Mag & VTEM

2007/2008 - Definition Drilling to Convert Historical Resources

• 200m sectional drilling over 1.4 km of strike
• Basis for Micon 43-101 Resource Estimate (April 2008)

2008 - Detailed Drilling and Regional Exploration

• 100m sectional infill drilling on central zone
• Exploratory drilling outside historical resource over full 7.5km strike length underway
• Basis for Micon 43-101 Current Resource Estimate (January 2009)

2009 - Detailed Resoure Definition Drilling

• 100m sectional infill drilling over entire deposit
  
• Preliminary geotechnical and hydrological studies initiated
  
• Basis for Micon 43-101 Resource Estimate to be completed in January 2010

Over 88,000 metres drilled by Royal Nickel to date including over 22,000 metres drilled in 2009.