The Coral Rapids Property is located approximately 130 km north of the town of Smooth Rock Falls. Logistically the property is in a very advantageous area with both rail and power lines running directly through the property, with much of the property being accessible year round by road. Results from several geochemical programs performed by the Ontario Geological Survey suggest the presence of numerous deposit types in the Coral Rapids area. The possible occurrence of uranium deposits has been indicated by past drilling and a compilation of the VMS base metal and gold indicators on the property is under investigation. Favourable diamond indicator minerals (true mantle derived pyrope garnets and high Ti megacrystic pyrope garnets)have been discovered by the Ontario Geological Survey on and in close proximity to the property. These indicators have the potential of representing diamondiferous kimberlite sources that may be associated with the property . In addition to these encouraging prospects, the Coral Rapids property is host to known high-calcium limestone deposit, which is currently in high demand in the global industrial market.