NWT Diamonds

Through its partnership in DHK Diamonds Inc., Kettle River Resources Ltd.’s participation in diamond discoveries on the DHK Diamond Inc.’s properties at Lac de Gras, NWT during 1992-94 period resulted in record share prices and trading activity. DHK Diamonds Inc.’s interest in the D0-27 is a participating 10.64% interest following a $60M bulk sample completed on the property in 2005-2007 by Peregrine Diamonds Ltd. and a Preliminary Technical Assessment report prepared by AMEC Americas Ltd. that investigated the economic potential of DO-27. In 2008, Peregrine provided a Canadian NI-43-101-compliant indicated mineral resource of 18.2 million carats in 19.5 million tonnes of kimberlite for the nine hectare DO-27 kimberlite. The estimated grade of the indicated resource is 94 carats per hundred tonnes ("cpht"). An additional 6.5-8.5 million tonnes of kimberlite below the indicated resource was classified as a potential mineral deposit and DO-27 remains open at depth. DO-27 is situated on the 15,000 hectare WO property in the Northwest Territories, Canada, approximately 27 km southeast of the Diavik^TM Diamond Mine and 11 km east of the Tibbitt to Contwoyto Ice Road used to supply the two diamond mines in the area.