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2009

President: Andrew Powell The Vimy Foundation
Directors: Valerie Bince-Stuart, William Mitchell, Andrew Molson,
Andrew Powell, Christopher Shannon, Christopher Sweeney

Tuesday, October 23, 2007 Last night the performers honoured the patrons in Toronto as the 2007 Globe and Mail Business for the Arts Awards were handed out.The black-tie awards gala brought together 250 celebrators from the arts and business sets. Now in its 30th year, the awards are presented to businesses that have made a significant contribution to the Canadian arts landscape and are organized by the Business for the Arts group.
The 2007 Globe and Mail Business for the Arts Awards gala brought together 250 celebrators from the arts and business sets last night in Toronto. Now in its 30th year, the awards are presented to businesses that have made a significant contribution to the Canadian arts landscape and are organized by the Business for the Arts group. For their contributions as the founding sponsor of young musician training programs with the Toronto-based Tafelmusik Baroque Orchestra and Chamber Choir, Toronto-Dominion Bank received the Most Effective Corporate Program award. The 2007 Edmund C. Bovey Award, which recognizes business people who support the arts, was also presented to Donald K. Johnson, former vice-chairman of BMO Nesbitt Burns. Blue Note Mining Inc. picked up the First Dance Award for their first foray into the arts world by stepping up to become the biggest corporate sponsor for Montreal's Infinitheatre, an alternative English-speaking theatre. A pair of Vancouver firms were also honoured. The Rosedale on Robson Suite Hotel took home the Best Arts/Entrepreneur Partnership award for its work with the Pacific Theatre. Rethink Advertising won the award for Most Innovative Marketing Sponsorship.

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Artists tip hats to business supporters
The 2007 Globe and Mail Business for the Arts Awards gala brought together 250 celebrators from the arts and business sets last night in Toronto. Now in its 30th year, the awards are presented to businesses that have made a significant contribution to the Canadian arts landscape and are organized by the Business for the Arts group. For their contributions as the founding sponsor of young musician training programs with the Toronto-based Tafelmusik Baroque Orchestra and Chamber Choir, Toronto-Dominion Bank received the Most Effective Corporate Program award. The 2007 Edmund C. Bovey Award, which recognizes business people who support the arts, was also presented to Donald K. Johnson, former vice-chairman of BMO Nesbitt Burns. Blue Note Mining Inc. picked up the First Dance Award for their first foray into the arts world by stepping up to become the biggest corporate sponsor for Montreal’s Infinitheatre, an alternative English-speaking theatre. A pair of Vancouver firms were also honoured. The Rosedale on Robson Suite Hotel took home the Best Arts/Entrepreneur Partnership award for its work with the Pacific Theatre. Rethink Advertising won the award for Most Innovative Marketing Sponsorship.
The Globe and Mail Posted on Tuesday, October 23, 2007

Forest Gate Resources Inc. was incorporated in June 1999. During 1999 Forest Gate acquired a 100% interest in the East Side diamond property at Fort a la Corne, SK. Throughout 1999 and 2000 the company continued to search for other mineral property acquisitions. During September 2000, Forest Gate purchased a 100% interest in the Canoe Landing Lake copper, lead, zinc, gold, silver sulphide deposit in the Bathurst mining district of northern New Brunswick. The deposit is located 22.5 km (14 miles) west of Noranda's producing Brunswick Mining and Smelting No. 12 mine.

Mike Judson Pres. FGT

The previous owners allowed the Canoe Landing Lake sulphide deposit property to lapse in error in 1999. Forest Gate's VP of Exploration, Earnest Brooks, immediately staked it. Claim staking is continuing and the property will shortly consist of about 100 claims.

The Canoe Landing Lake deposit has a geologic resource of 20,600,000 tonnes of massive sulphides at a grade of 0.64%Pb (lead), 1.82%Zn (zinc), 0.56%Cu (copper), 32.2 gms Ag (silver) and 1.165 gms Au (gold) to a depth of 975 m at an average width of 5.2 m. This includes an internal zone of 3,456,700 tonnes at a grade of 0.65% Pb, 2.48% Zn, 0.65% Cu, 1.28 opt Ag (43.89 gms) and 0.044 opt Au (1.509 gms) having an average width of 12.5 m.

The Canoe Landing Lake deposit can be compared with known areas of present-day deep-water sea floor gold rich massive sulphide depositional environments, such as in the Manus Basin, Papua New Guinea. Primary features commonly associated with these deposits are mounds and chimneys of massive sulphides, with sulphide talus debris derived by the auto collapse of the positive relief features. Cu-rich sulphide zones flanked and capped by high-grade PbZnAgAu massive sulphides characterize such vent massive sulphide systems.

Drilling programs by previous owners have only begun to partially define the Canoe Landing Lake deposit. From 1961 through to 1996, they completed 53 drill holes from surface to an average depth of 600 m along a strike length of 1.2 km, and three wide spaced holes at 825 m below surface, one of which returned a grade of 1.16%Pb, 3.36%Zn, 0.76%Cu, 1.56 opt Ag, and 0.041 opt Au over a horizontal width of 7.32 m (24 feet), including 1.4m averaging 2.58%Pb, 7.45%Zn, 0.65%Cu, 2.13 opt Ag, and 0.037 opt Au (hole 212-15). The highest grade base-precious metal sulphides encountered to date graded 9.71%Pb, 24.98% Zn, 0.305% Cu, 330.46 gms Ag (9.64 opt) and 2.64 gms Au (0.077opt) over 0.20m within a 4.2m wide section that assayed 1.14% Pb, 4.12% Zn, 0.52% Cu, 1.77 opt Ag, and 0.042 opt Au (hole 115A-11).

Michael Judson

Forest Gate's investigations show that the deposit consists of several bodies of massive sulphide, steeply dipping to the north. Importantly, the main sulphide bodies are open at depth and on strike below 400m, and therefore offer excellent opportunities for discovering additional reserves.

Guided by the latest ore models and the drilling results of the immediate past owner's work programs, Forest Gate carried out random check sampling and assaying of one of the drill hole intersections of the sulphide deposit. The results are most encouraging and additional sampling is now under way. The results obtained by Forest Gate are significantly greater (approximately a doubling of the metal content) than those previously reported. The reasons for this are presently being investigated by an independent consultant and two leading assay laboratories, but it appears that the previous owner may have 'run out of money' and did not complete their assay program that would have included checks of the analytical results of the samples taken from their last drill hole.

The Canoe Landing Lake deposit contains in excess of 775,000 ounces of gold and more than 22,000,000 ounces of silver. The deposit has the highest average grade of gold of any in the Bathurst Camp (by a factor of about 2X) and also has about twice the global average of the expected gold grade of volcanic massive sulphide deposits.

Michael Judson FGT page.

In conclusion, Forest Gate has identified unrecognised value in the Canoe Landing Lake CuPbZnAuAg massive sulphide deposit, its extensions and the surrounding lands. Although it is one of the largest known massive sulphide deposits in the camp, its extent and significant economic potential are just beginning to be understood.

Forest Gate's business plan includes a current private flow-through financing, preparation of a qualifying report and an asset evaluation report by a third party consulting firm, a merger with a MSE shell company early in the new year, on-going field exploration programs including a planned winter drilling program on the Canoe Landing Lake deposit, planned summer 2000 programs on the diamond property, and a listing on the MSE or CDNX in 2000.blockquote> Lorne Woods [lorne@judsonwoods.com]