PART I: Focus on Early-stage Projects

• Early-stage projects have the potential to expose our shareholders to the “Discovery Stage” – the most profitable stage of exploration and mining for an investor.

• Kaminak is opportunity driven. We generate projects that create shareholder value, and we are not restricted by commodity type or provincial region.
• Low cost (in-house) project generation

PART II: Joint Venture Philosophy

• Form strategic partnerships to advance the project
• Project partner spends their money to advance the project in order to earn an interest in the project
• Advantages of the Joint Venture Philosophy
  • Allows Kaminak to generate and advance multiple projects
  • More opportunities for discovery
  • Minimizes exploration risk
  • Preserves Kaminak’s capital and corporate structure

THE BUSINESS MODEL IN ACTION

Uranium Spin-out Complete

• Created and designed a new uranium spin-out company, Kivalliq Energy Corporation (KIV: TSX-V) to reward the Kaminak shareholder by giving them Kivalliq shares at no additional cost.
• A landmark partnership between Kaminak and the Inuit of Nunavut resulted in Kaminak being awarded the right to explore and advance the historic, high-grade, near surface Lac Cinquante Uranium Deposit which is reported to contain 11.6 million pounds of uranium oxide (non compliant with National Instrument 43-101)** with an average grade of 1.03% U3O8. This asset and Kaminak’s other uranium assets were spun-out into a new, uranium exploration and development company called Kivalliq Energy Corporation. Kaminak and now Kivalliq, is the first company in Canada to sign a comprehensive agreement to explore on Inuit lands for uranium.
• Kaminak owns and controls 3,646,753 common shares of Kivalliq, representing approximately 12.6% of the issued common shares of Kivalliq.

Effectively leveraged Kaminak’s technical talent and money to create multiple opportunities discovery opportunities

• 9 Joint Ventures
• 8 Strategic Project Acquisitions

Preserved Corporate Structure

• $6.6 million in working capital
• Last financing was in March 2006
• Monthly burn rate approx. $75,000
• No outstanding warrants