Leeward Capital Corp.

COMPANY DATA | INTRODUCTION |  PROJECT IN HAND | MANAGEMENT
NEWS UPDATE | CHINESE

COMPANY DATA

INTRODUCTION

Leeward Capital Corp. is a Canadian junior mining exploration company incorporated and registered in the provinces of Alberta and British Columbia, with headquarters in Calgary, Alberta. Leeward is concentrating on exploration for molybdenum (moly); as well, Leeward has interests in gold and diamond properties.

PROJECT IN HAND

(1) MOLYBDENUM - Nithi Mountain Project, British Columbia

The Nithi Mountain Moly property is located in central British Columbia, 8 km south of the Town of Fraser Lake. Producing Endako Moly Mine lies about 18 km west-northwest of the property. The Endako Mine can process 33,000 tonnes per day of 0.10% Molybdenite, has been in production since 1965, and has a fully permitted facility including a roaster. The excellent infrastructure available for mining, including the proximity to a major road system (Hwy-16), power, the Town of Fraser Lake, and road access considerably reduce the cost of developing a new deposit at Nithi Mountain once it has been defined. The Nithi Mountain property is now the primary focus of Leeward.

Molybdenite mineralization on Nithi Mountain is classified as low fluorine, porphyry moly type. The geology, style of mineralization, nature of associated alteration, all bear a strong resemblance to that at the Endako Mine.

Previous exploration has included soil sampling, trenching, IP surveying, and both diamond and percussion drilling. The most significant result to date was from diamond drillhole N-14 which intersected 115 metres grading 0.10% molybdenite. There had been no exploration in the area for over 25 years. Leeward acquired the property in 2003 since the moly price was beginning to move upward. Since then, world prices have increased twelve-fold from $3.00 to over $36 a pound.

Exploration by the Company began in the fall of 2004 and included geological mapping, rock sampling, and airborne geophysical surveying of the property. In addition, a comprehensive GIS database was assembled. This included the compilation of over 1,200 soil sample results, rock sample data, geology, and drill holes. The combination of these previous results with the new geophysical data has defined the "Alpha" zone and high-priority targets for a spring 2005 drilling program.

The Company has completed the 2007 diamond drilling program on the Nithi Mountain Moly project. A NI 43-101 resource report is to be prepared by Dr. Ken Dawson and is expected to be completed in January 2008.

(2) GOLD - Set Ga Done Project, Myanmar

Leeward Capital applied for and was granted a 75% interest in a 700 sq.km concession in northern Shan State in the Union of Myanmar. Leeward's interest in the project is shared equally with Jet Gold Corp., who provided the funds for the initial acquisition and exploration of the property. This concession encompasses a number of known gold showings, one of which, Set Ga Done, is drill ready. Field exploration carried out in 2004 has revealed two parallel gold zones to the south of the Set Ga Done gold zone. 

The Set Ga Done zone is estimated to be approximately 700 metres long and 14 metres wide. Previous surface and shallow underground mining along this zone has continued since 1989 when gold was first discovered by local miners. Due to the current political turmoil in Myanmar this program has been suspended.

(3) GOLD - Pistol Lake Project, Nunavut

The Pistol Lake gold property has been held by Leeward Capital Corp. since 1991 and is located in Nunavut along the west side of Bathurst Inlet. This gold prospect is situated 170 km northeast of Echo Bay's Lupin Mine.

Roberts Mining carried out an initial 8-hole diamond drilling program in 1964-65. Gold Fields Mining Corp. completed an 11-hole program in 1979. Silver Hart Mines, in 1984-85 completed a total of 48 diamond drill holes. Chevron Minerals completed 8 holes in 1988. Most recently, in 2000, Qikiqtaaluk Corporation completed an 8-hole program under an option agreement with Leeward. A total of 83 drill holes have been completed. All of this previous information, consisting of detailed geological mapping, geochemical sampling, trenching, drilling, and both ground and airborne geophysical surveying has been assembled into a comprehensive computer database for the property.

(4) DIAMOND EXPLORATION - Attawapiskat Area, Ontario

In March 2003, Leeward undertook the acquisition 36 claims encompassing an area of 6,080 hectares in the James Bay Lowlands of Ontario. The claims are held 100% by Leeward. The specific targets staked were identified on the basis of a remote sensing technique. A gravity survey was completed over all of these claims in the spring of 2004. Thirteen of the targets tested had a gravity response. Based on these geophysical results, an overburden sampling program was completed in the fall. Microprobe results from this heavy mineral survey are not yet available. In the Attawapiskat area, eighteen kimberlite pipes or dykes have been located thus far, of which sixteen have been found to be diamond-bearing. The Victor Pipe, owned by DeBeers, appears to be economic and is characterized by the presence of large high-quality diamonds. DeBeers is planning to put this diamond pipe into production by 2007.

MANAGEMENT

Leeward Capital Corp. has a professional management team with experience in different areas.

Directors and Officers

James W. Davis, M.Sc., P.Geol., F.GAC, Director & President
Mr. Davis is a professional geologist based in Calgary. Educated at St. Louis University (B.Sc., M.Sc.) graduated in 1969. Employed by Geophoto Services Ltd. and Union Oil Company before joining Taiga Consultants as Vice-President in 1978 and President of Leeward Capital Corp. in 1988. Officer and director of several private and public Canadian junior mining and resource companies. He has over 38 years experience in developing and exploring mineral prospects around the world.

Robert A. Moore, B.Comm., CEO
University of Guelph 1977, B.Comm. Started working in the brokerage business which lasted a period of 28 years for several national firms. Beginning with retail sales and then moving into management and the recruitment and growth of the Ontario market place. Through this period was responsible for opening several offices which all were successful and still exist today. During this period was an officer, director and partner of several firms and then branched out into corporate finance completing over $50,000,000 of financings in the last 5 years. At this time a CFA candidate and also completing the CIAA presently.

W. Roy Schouldice, LLB, Director
Mr. Schouldice is a practicing lawyer in the City of Calgary since 1980. He restricts his practice to advising small and emerging corporations and development corporations in corporate, commercial, real estate, and financial matters. He has been a Director and Officer of a number of public corporations. In addition to being a director of Leeward, he will also serve as an independent member of the audit committee.

Brian C. Comrie, B.Comm., Director and CFO
Mr. Comrie is a practicing accountant in the City of Calgary since 1978. He earned a B.A. in Economics from Queen's University, and a B.Comm. from the University of Saskatchewan. Mr. Comrie is a member of the Society of Management Accountants of Alberta. Mr. Comrie has held positions with a utility company, a national trust company, and a mining company. Since 1990, he has operated a public accounting practice servicing owner-operated companies in areas of compliance, taxation, and auditing. He is active in many community and sports organizations. In addition to being appointed a director of Leeward, he will also serve as the Chief Financial Officer of Leeward and as an independent member of the audit committee.

Robin E. Chisholm, B.Sc., P.Geol., Director
Mr. Chisholm is a professional geologist and President of Taiga Consultants Ltd., a mineral exploration service provider based in Calgary. Mr. Chisholm has practiced his profession since 1977 and has a wide variety of resource industry experience from early-stage exploration to resource definition in Canada and overseas and has experience in the exploration for and evaluation of a wide variety of mineral commodities. He has a B.Sc. Hons. from Carleton University in Ottawa, is a Fellow with the Geological Association of Canada and is a member of APEGGA of Alberta.

NEWS UPDATE

On December 7, 2007, Leeward Capital Corp. announced the completion of the 2007 diamond drilling program on its Nithi Mountain Moly Project in central British Columbia. This drilling program has systematically outlined one portion (Gamma Zone) of a large porphyry molybdenum deposit with the objective of calculating an NI 43-101 preliminary resource. A NI 43-101 resource report is to be prepared by Dr. Ken Dawson and is expected to be completed in January 2008.

Management believes that steady, significant progress is being made in regard to developing a large open pit porphyry molybdenum deposit on Nithi Mountain. The results received thus far on Gamma have expanded the resource base along strike and the width of this zone. The next phase of drilling is planned to commence in mid-January 2008 utilizing two diamond drills.

On November 20, 2007, Leeward Capital Corp. announced the additional results from its Nithi Mountain Moly Project. This drilling program has systematically outlined one zone (Gamma) in a large porphyry molybdenum system with the objective of calculating an NI 43-101 preliminary resource at the conclusion of the current drilling program. The Gamma Zone, as defined by drilling thus far measures approximately 1,000 m long by over 500 m wide and remains open towards the north, south and to depth.

In addition to Gamma, drilling on another zone, the West Gamma Zone, was completed in order to discover either a new zone or the fault offset of the Gamma Zone.

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