RAMBLER GOLD-COPPER PROPERTY

Altius holds 12 million shares in Rambler Metals and Mining plc, which is listed on the Alternative Investment Market of the London Stock Exchange (AIM:RMM), and on the TSX-V (RAB). Rambler is focused on the historic Ming copper - gold mine, located near Baie Verte, Newfoundland and Labrador.

Rambler had a very productive year through 2010 with continued progress towards its goal of mine development and production at its Ming copper-gold deposits. Of particular significance, Rambler effectively secured the budgeted funds to see it through its development plans for an anticipated mid 2011 production start up at the mine. The funds included approximately $18 million in equity financings and a $U.S. 20 million gold off-take agreement with Sandstorm Resources Ltd. for a portion of its life-of-mine gold production.

Most recently, Rambler released details of its Final Feasibility Study for the mining and economics of the Ming project. The completed feasibility study suggests an initial six-year mine life with an average annual production of 7.7 million pounds of copper, 11,600 ounces of gold and 42,600 ounces of silver. Rambler stated an anticipated internal rate of return (IRR) of 23.7% based on an average copper price of $3 per pound, gold $1,000 per ounce and silver $14.50 per ounce.

Altius’ Rambler shares were received in 2005 has payment shares in exchange for its direct property ownership of the Ming project. The strategy was to create a new company that could independently fund itself through to production without direct financial and/or technical risk exposure to Altius.

For a comprehensive overview of Rambler's mine development planning please visit Rambler's corporate website at www.ramblermines.com.