IIE:CA V.IIE

Iciena update and GOOSE spotting

[Tommer3]

First off… they are in the process of overlaying Chuck Fipke “proprietary technology” findings over the last 4 years onto the new geophysical survey. I understand Chuck has many results from previous drilling, probing and grab sampling to add overtop to further prioritize the 29 high priority targets recently identified. It appears he has a good handle where he wants the drill to start turning first. There has been a lot of work being done on this – with numerous conference calls, email exchanges AND trips to Kelowna. The time is of the essence as the drills are “on-site” and awaiting the trigger to be pulled on drilling target direction. Drilling is anticipated to start imminently to not lose the 2 drills standing by on the property. I asked where the core samples would be analysed and was informed they will be sent to Kelowna. They had them done previously in Brazil… but the direction forward is to send them to CF Minerals in Kelowna. The recent airborne survey was flown 90 percent over the north Tertiary sands as they believe this to be the best shot at finding the source rock which they believe to be under the sands. These new targets are referred to as blind spots that have yet to be explored through drilling or other techniques by anyone to date. These targets are under the sand cover but not necessarily 300 feet deep… To date we know that they are on the Cr-Diopside trail. The drilling terrain is no problem as its mainly flat pasture or agricultural soybean fields. 60-percent of the drilling is on flat easy access lands and the other 40-percent is on private forestlands. The private forestlands are not anticipated to cause any problem as they have worked these properties before but you have to get advance permission if a tree or vegetation needs clearing by the private landowner. In closing, where soon to be drilling with two drills, just finalizing the results through over laying past with the present airborne survey to maximize execution. Everyone seems up beet and lots is happening in the background both from here as well as on the ground in Brazil. It’s been a long go of it... but the drills are there, and Fipke is putting his finger to the map WHERE TO DRILL, and that's a major milestone in itself. Its now time for the drills to start turning and to SEE if where sitting on the “billion dollar kimberlite." Where looking under the blind spots in the Tertiary sands…. It’s a very intriguing strategy ONE THAT all the players seem on board WITH and in agreement on how to PROCEED. That’s my 0.02 CENT update… Oh yah, the word on the farmyard is the goose has been hanging around lazily with some of the other more seasoned animals. (See below) Summer regards, Tommer3 Bid # Orders # Shares Price 13 786,000 0.095 6 367,000 0.09 2 40,000 0.085 5 90,000 0.08 Ask Price # Shares # Orders 0.105 94,000 3 0.11 207,000 5 0.115 29,000 3 0.12 87,000 2 0.125 90,000 3 . . . . . . . . . . “As previously indicated – and continuing in the spirit of fun” * * *