Starmet Ventures Inc. Stock

Starmet Ventures Inc. is engaged in the business of the exploration and development of natural resource properties in the United States. The Company's principal business activities include the exploration of mineral resource properties with an emphasis on the property located in Esmeralda County, Nevada. The Company is engaged in identifying and developing economic mineral resource properties of merit and conducting exploration programs thereon. It has an exploration lease and option agreement to acquire a 100% interest in the JPL Project consisting of certain unpatented mining claims in Nevada, United States. The JPL Project consists of about 54 unpatented lode claims, the JPL Claims, totaling 452 hectares (ha) located. It also owns approximately 302 mineral claims (the Claims) located near Ear Falls in the province of Ontario. The Claims cover approximately 6,040 ha. The Claims are located between one kilometer (km) and 16 km (depending on the claim block) from Ear Falls, Ontario.