Q3 KL Report... Strategic Alliance with Newmont!!! Strategic alliance entered into with Newmont with respect to exploration and development opportunities around Companys Holt Complex and Newmonts properties in Timmins, Ontario; through agreement, Newmont paid Company $75 million to acquire option on mining and mineral rights related to the Companys Holt Mine property, with Company to invest proceeds in exploration activities around Holt Complex and at other regional targets; agreement also includes commitment by the two companies to work together to identify additional regional exploration opportunities around their respective land positions where they may cooperate to advance projects