From: Greg Missal [missal@tahera.com]
Sent: Thursday, April 14, 2005 5:56 AM
To: NWB Manager of Licensing
Subject: RE: NWB1JER0306

Hi Phyllis,
Technically speaking - yes we are - specifically for exploration
purposes.  However, I need to begin discussions with the NWB regarding
this particular Water License - specifically for the security dollars
that are attached to it.  As you know and will recall from the Jericho
Final Hearings we proposed utilizing the security in place for the 306
license as part of the security for the Jericho Mine license, but a
number of groups indicated that administratively that was not possible.
There is no doubt that the majority (if not all) of the security dollars
held in the 306 license are covered by the water license for the mine
and as such Tahera will want as much of the security deposit refunded as
possible.  

I am not clear on what the process will be doing this so perhaps you can
think about it and talk to Philippe and see what he thinks.  I would
like to begin this process as soon as possible.

As we intend to continue to conduct exploration work in the Jericho area
I think we will still need to keep the 306 license, but only for
exploration purposes, which would have little to no security
requirements.

I will also send an email to Philippe about this so that he begins
thinking about it as well.  Please let me know if you have any
questions.

Regards,
Greg

-----Original Message-----
From: NWB Manager of Licensing [mailto:licensing@nwb.nunavut.ca] 
Sent: Wednesday, April 13, 2005 6:43 PM
To: Greg Missal
Subject: NWB1JER0306

Good afternoon Greg.  Just thought I would check to see if you are still
operating under the above water license which was approved in 2003.  If
so,
no problem.

________________________________
Phyllis Beaulieu
Manager of Licensing
Nunavut Water Board
P.O. Box 119
Gjoa Haven, NU  X0B 1J0
Phone: (867) 360-6338
Fax:  (867) 360-6369
E-mail: licensing@nwb.nunavut.ca