Mr. Mel Stevens reports

APPOINTMENT OF NEW TEAM MEMBER ON ADVISORY BOARD

Nass Valley Gateway Ltd. has appointed Dr. Mory Ghomshei, PEng, PGeo, to the company's advisory board. Dr. Ghomshei is currently an adjunct professor at the University of British Columbia, teaching courses on energy resources of the ground and is conducting research in geothermal energy resources and systems. He also teaches professional training courses on integrated geothermal energy and energy sustainability at the Association of Professional Engineers and Geoscientists of British Columbia (APEGBC). As an international geothermal expert, Dr. Ghomshei has developed guidelines for geothermal power development for the World Bank, and has participated in exploration and development of several geothermal fields around the world. As the chair of the Canadian Geothermal Energy Association (CANGEA) from 1989 to 2007, Dr. Ghomshei contributed to the promotion of geothermal energy throughout Canada and around the world.

Nass Valley's advisory board presently consists of Alan Moore, a former chairman of Greenville Enterprises Inc., the Nisga'a village government development corporation, Bert Kelm, PEng, a former Western Canada district manager for Ascolectric Ltd., with considerable experience in electrical engineering and project management, and Rick Morrison, a former bank branch manager for Aboriginal banking and small business.

The company is also pleased to announce the acquisition of Nass Energy Inc. as one of its wholly owned subsidiaries. Nass Energy Inc. intends to perform geothermal exploration and resource assessment primarily in northwestern British Columbia, Canada. The ultimate goal would be to build the first geothermal plant in Western Canada in the northwestern part of B.C.