Major Precious Metals Corp. provided an update to the Skaergaard project. Shareholders referring to this Report will note that already some 4 million ounces of palladium and 1 million ounces of gold has been outlined as Indicated Resources and close to a further 10 million ounces of palladium and 4 million ounces of gold outlined in the Inferred Resource category all independently assessed and modelled at precious metal prices, well below today's values.