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ABOUT US Northern Canadian Minerals Inc. is a Canadian publicly traded junior resource company exploring for uranium in Saskatchewan. The company?s properties which make up the Collins Bay Extension Project (formerly known as Snowshoe) are the Harrison Peninsula and Pow Bay mineral claims which are located on Wollaston Lake in northern Saskatchewan at the eastern extremity of the Athabasca Basin. This region is the source of over 30% of current world production of uranium. The Company is also evaluating additional property acquisition opportunities in the U.S. and overseas. Overview of Northern Canadian's Uranium Projects
Collins Bay Extension Project, Athabasca Basin Saskatchewan: The Collins Bay Extension Project (formerly known as Snowshoe), Harrison Peninsula and Pow Bay mineral claims are located on Wollaston Lake in northern Saskatchewan at the eastern extremity of the Athabasca Basin which is the source of 32% of current world production of uranium. The Company has staked two additional claims in the area of mutual interest which will be included in the property package (the Saskatchewan properties collectively referred to as the "Athabasca Properties"). The Athabasca Properties cover 37,310 hectares adjoining property held by Cameco Corp. which covers five economic deposits of uranium, four of which are past producers ( Rabbit Lake mine and Collins Bay A, B and D) and one that is in current production (Eagle Point mine). These deposits are related to the unconformity at the base of the Athabasca Group formations where it is disrupted by thrust faulting. The main fault structure, the Collins Bay Fault, controlling the known deposits on Cameco ground projects on to the Athabasca Properties. The Company believes it is this feature that makes the Company's ground highly prospective for economic deposits of uranium. The Collins Bay Fault is the main controlling structure for four economically significant uranium deposits, the Collins Bay A, B and D deposits, and Eagle Point mine. The Collins Bay A deposit occurs on the Athabasca unconformity. It has been mined out by open pit methods and has produced 169 million pounds of uranium ("U 3 O 8 ") (current gross value about $ 5 billion) from ore grading 5.68%U 3 O 8 . The Eagle Point mine lies entirely within basement rocks beneath a now-eroded Athabasca unconformity. Uranium ore with simple mineralogy occurs within numerous vein structures in the hanging wall of the main fault. They occur to at least 460 metres below the Athabasca unconformity. Ore with an average grade of about 1.53% U 3 O 8 is being mined by underground methods. Production to date plus current reserve/resources is in the order of 64 million pounds of U 3 O 8 . The southeast end of the Collins Bay Extension Project block is 7 km northeast of the producing Eagle Point uranium mine; the Harrison Peninsula claim is 5 km east of the Eagle Point mine and the Pow Bay claim is 5 km ENE of the formerly producing Rabbit Lake mine. The Pow Bay claim lies partially on the easterly projection of the Rabbit Lake Fault which is one of the controlling structures at the now mined out Rabbit Lake mine. The Rabbit Lake mine produced 41 million pounds of U 3 O 8 from ore grading 0.27 %U 3 O 8 ; the ore was hosted by basement rocks between 0 and 200 metres below the Athabasca unconformity. Nevada Properties:
The Nevada Properties are comprised of three uranium project areas in south western Nevada. These include the Holiday Mine Claims and the Carol R Mine Claims in Mineral County and the Green Monster Mine claims, located in Clark County. All three areas have highly anomalous uranium concentrations in grab samples. Holiday Mine Claims, Mineral County An albitatite dike intrudes into a quartz monzonite stock. The contact between these two rock types is faulted and hosts the radioactive mineralization. Selected grab samples contain up to 0.22% U 3 O 8 and 0.85% ThO 2 . Green Monster Mine Claims, Clark County This is a primarily lead-zinc mine with highly anomalous uranium content. A 5 ton bulk sample contain 1.09 % U 3 O 8 was collected in 1951. Individual samples contain as much as 10.5 % U 3 O 8 . Carol R Mine Claims, Mineral County Selected uranium samples contain as much as 0.94% U 3 O 8 . The uranium mineralization is located along the metasedimentary/felsic intrusive contact.
Last Updated: 28 march 2006 Rolling 52 Week High 0.610 Rolling 52 Week Low 0.200 Common Shares Stock Exchanges: TSX Venture Exchange (TSX VE - Tier Two) Stock Symbol: NCA OTC/BB exchange in the United States : NCADF Frankfurt Stock Exchange/Germany : N4I (WKN A0F46N) AS AT February 2,2006 Issued and Outstanding: 14,296,399 Common Shares Optionen : 1,452,000 Common Shares Warrants : 4,034,409 Common Shares Fully Diluted : 19,782,808 Common Shares Market Capitalization: $6,978,297 (4,69 Mio. EUR) http://www.northerncanadian.ca
Directors&Management: PRAVEEN VARSHNEY, CA - PRESIDENT KEITH LASKOWSKI M.Sc. - VP EXPLORATION PEEYUSH VARSHNEY, LL.B. - DIRECTOR MAREK KRECZMER, M. Sc.; P.Eng. - DIRECTOR JIM KERMEEN, M.Sc.; P.Eng. - CONSULTANT ALY MAWJI - DIRECTOR SOKHIE PUAR - DIRECTOR Management's Uranium Experience: KEITH LASKOWSKI M.Sc. - VP EXPLORATION http://www.northerncanadian.ca/v2005/KEITH.HTM MAREK KRECZMER ? DIRECTOR ? 5 YEARS OF EXPLORATION EXPERIENCE - President and Director, Northwestern Mineral Ventures JIM KERMEEN ? CONSULTANT ? 17 YEARS OF EXPLORATION AND PRODUCTION EXPERIENCE -Manager of Joint Venture Development , CanAlaska Ventures LTD. NCA.v Presentation http://www.northerncanadian.ca/NCA.pdf Northern Canadian Minerals Inc. Cathedral Place Suite 1304 925 W. Georgia St. Vancouver, BC V6C 3L2 CANADA ph: +1 (604) 684-2181 fx:+1 (604) 682-4768 info@northerncanadian.ca
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