• Kaminak and Breakwater Resources Ltd. (BWR: TSX) have formed a generative alliance targeting primarily nickel-copper-PGE deposits over parts of North America. 
   
• On September 10th, 2007, Kaminak and Breakwater acquired through staking a number of nickel targets within the Grenville geological domain of southern Quebec.
   
• These targets were recognized by Kaminak’s technical team as a result of in-house geological and geophysical data compilations.  Historical government files from one such prospect reports up to 1.69% Ni plus 3.07% Cu in selected samples hosted within orthopyroxenite. A separate prospect is reported to contain up to 1.31% Ni plus 0.83% Cu from historical grab samples in peridotite and pyroxenite.
   
• A Kaminak field team is currently completing an initial program consisting of geological mapping, ground truthing of historical data and prospecting.  Subsequent plans include airborne geophysics over selected targets.
   
• As work progresses, more details regarding the project will be made available.
   
• The Strategic Alliance Agreement
   
  • On April 26th, 2007, Kaminak and Breakwater Resources Ltd. entered into a generative strategic alliance targeting primarily nickel-copper-PGE deposits over parts of eastern North America.  Each company initially funds $50,000 for data compilation, targeting and field work during the 2007 season.  Kaminak will initially act as Project Operator.
     
  • Upon ground acquisition, a 50-50 joint venture is formed on each separate property. Breakwater shall bear 100% of the exploration costs in each joint venture block until the cumulative total amount expended for exploration across all joint venture blocks equals $1 million.  Upon completion of such expenditure, the interests of the parties in each joint venture shall be Breakwater 51% and Kaminak 49%.
     
  • Within thirty days after Kaminak and Breakwater agree that this $1 million expenditure threshold has been reached, Breakwater can elect to increase its joint venture interest to 60% by solely funding the next $2 million in cumulative exploration costs across all joint venture blocks.

Updated News on Quebec Nickel Alliance

Jan 15, 2008: Kaminak Commences Airborne Geophysical Surveys on Quebec Nickel Properties

Sep 10, 2007: Kaminak and Breakwater Resources Ltd. Stake Nickel Targets in Quebec