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

OUR BUSINESS MODEL IN ACTION FOR 2007

• 12 Joint Ventures
• 2 Strategic Alliances
• 9 Exploration Programs
• 5 New Projects
• Exposure to Gold, Uranium and Nickel
• No Financings in 2007