Steadright Critical Minerals Inc. provided an update on Steadright's exploration team efforts with its Summer/Fall exploration program on the highly prospective RAM project near Port Cartier, Quebec, which is associated with Nickel- Copper-Cobalt- PGE mineralization. The RAM Property is a magmatic, mafic to ultramafic sulphide hosting Ni-Cu-Co- PGE's, in a deposit formed by segregation of immiscible sulphide-melt from a silicate- host magma. These deposits evolve via processes such as magma mixing, rapid cooling, differentiation and contamination (sulphur sources).

The first phase of the exploration program included grab bag samples, channel sampling and prospecting of several sites. The exploration team will continue on the old workings of INCO (VALE) on the RAM property, which was recommended at the time by INCO Geologists to follow up on the Ni, Cu, Co, PGE potential. Also cutting trails and brush for larger equipment to follow as sampling for assay results will continue.

In 2003 a report published by Geologie Quebec titled, ?Report on mineral exploration activities 2002?, the following is stated in an information release contained in the report from Ressources Appalaches, which had part of the RAM mineral claims, previously known as the B-20 property: ?Massive sulphide zones with up to 1.2 % Ni, 1.6 % Cu, 0.13 % Co, and 0.4 g/t Pt, were reported. On the Main Grid, located on the same property, four out of eight drill holes intersected nine mineralized zones, from 4 to 65 m thick, containing massive sulphides and yielding grades up to 1.6 % Ni, 1.5 % Cu, 0.18 % Co, and 0.2 g/t Pt. According to Ressources Appalaches, these drill results confirm that the B-20 property (RAM)hosts an important Ni-Cu system located near surface, with significant cobalt and platinum group element concentrations.