Subject: Rockinghorse Spring Exploration-De Beers
From: "Shirley Standafer Pfister" <[email-masked]>
To: "Jack Kaniak" <[email-masked]>, "Pat Larocque" <[email-masked]>, "Rita \(Phyllis Beaulieu\) Becker" <[email-masked]>
Cc: "Brent Edmunds" <[email-masked]>, "Steffi Thompson" <[email-masked]>
Date: Fri, 3 May 2002 14:03:41 -0600

Greetings, Jack, Pat, Rita and/or Phyllis,

This update pertains to the following authorisations:  #KTL301C029,
#N2000C0021 and #NWB2ROC0002:

This is to advise that exploration drilling is under way on our Rockinghorse
property. An Excel spreadsheet is attached, containing borehole data; a map
showing the location of the completed and planned drillholes is nearly
finished and will be forwarded to you under separate cover.

Following completion of delineation drilling at the Troll and Voyageur
kimberlites on the "MOR claims" north of camp in the second week of April,
one of the two Boart Longyear LF-70 rigs was redeployed to drill exploration
targets; the drill not in use was transported to Lupin minesite for
redeployment elsewhere (i.e., another project).

Currently, under the spring, 2002, exploration programme, three NQ holes
have been completed to a total depth of 245m and setup presently is
occurring on the fourth target; we do not have a fifth target as yet. After
the completion of the spring programme, the camp will be shut down for the
breakup period and reopened for Canada Lands surveying of claims being taken
to lease, as well as possible prospecting and till sampling.

Once I have the information from the winter, 2002 drilling at Troll and
Voyageur sorted out, a final, updated spreadsheet will be provided on that
programme.

Thank you for the opportunity to provide this update. Further updates will
be provided, as available.

Regards,

-- ssp

Shirley Standafer Pfister
Lands and Government Relations
De Beers Canada