Eloro Option Properties

Nebu has acquired the right to earn up to a 90% interest in 59 mining claim units from Eloro Resources Ltd. (“Eloro”) that comprise three separate claim groups, known as  Turnbull, Thornloe and North Denton, located to the northwest, southeast and adjacent to the north of various parts of the West Timmins Mining Inc. properties.  In order to earn a 90% interest in the three properties comprising 10 claims ( 59 claim units), Nebu must make share payments totalling 300,000 shares and must also complete $200,000 in exploration work on the properties by March 31, 2011 and the first $100,000 of this must be spent prior to March 31, 2010. Once Nebu has earned a 90% interest in the properties, the companies will form a joint venture to further develop the properties or if elected by Eloro, Eloro may revert to a 1% net smelter returns royalty.