The Company and Union met early today to discuss the Company's latest internal announcement that they have reached a deal with Vale Inco to mine an extended ore body at Fraser Copper, which will extend the Fraser Copper mine life from three years to 10 years therefore giving an improved future outlook for our employees.

On a better note, it also translates into a permanent recall of around 75 laid off employees.

The Union and Company will be working together shortly to establish a transition plan in the near future to begin the recall of employees that is slated to begin in July of this year.

This is good news for us, the Company and our community.

Thank You.

With respect always,

Yours in Solidarity,
Richard Paquin, President
Mine Mill Local 598/CAW