About Golden Valley Mines Ltd.

Golden Valley Mines typically tests initial grassroots targets while owning a 100% interest and then seeks partners to continue exploration funding. This allows the Company to carry on its generative programs and systematic exploration efforts at other majority-owned grassroots projects. The Company (together with its various subsidiaries) holds property interests in projects in Canada (Saskatchewan, Ontario and Québec). Golden Valley Mines holds an approximate 58.75% interest in Abitibi Royalties Inc., an approximate 70.4% interest in Nunavik Nickel Mining Ltd. and an approximate 37.6% interest in Uranium Valley Mines Ltd.