Projects

Altius is a diversified resources business that is based in Newfoundland and Labrador.

Altius has a royalty interest in the Voisey's Bay nickel district in Labrador, where production is ongoing. It also has exposure to gold, base metals, and uranium through a varied exploration portfolio that is largely funded by senior joint venture partners. In addition, the Company holds strategic equity stakes in two public companies it co-founded in 2005; Aurora Energy Inc. (www.aurora-energy.ca) and Rambler Metals and Mining Plc. (www.ramblermines.com).

Altius continues to actively generate concepts and projects for traditional metal deposits but it now also seeks opportunities to participate in energy related opportunities in Newfoundland and Labrador.

On the energy scene, Altius was chosen as one of six proposals concerning the proposed development of the 2,800 megawatt Lower Churchill hydro-electric project in Labrador. Altius' innovative financial strategy is to create and acquire a gross electricity sales based royalty on the project.

Altius has also facilitated the formation of Newfoundland and Labrador Refining Corporation (www.nlrefining.com), which is currently in the third and final stage of a $7 Million feasibility study of a new 300,000 barrel per day oil refinery in Placentia Bay. Altius has partnered with Irish and UK based entrepreneurs and financiers to evaluate this opportunity.

In 2006 Altius expects in excess of $25 Million in expenditures across its' diverse portfolio of assets and exploration projects by its partners. With a strong treasury and incoming cash flow from the Voisey's Bay royalty Altius moves forward in pursuit of further investment opportunities in the natural resource sector.

These projects are organized, for ease of discussion, into the project areas as outlined below.

Projects

ROYALTIES

FOUNDING EQUITY STAKES

MINERAL EXPLORATION JOINT VENTURES

ENERGY OPPORTUNITIES

EXPLORATION ALLIANCES

SEEKING PARTNERS