PUDO Inc. (PDPTF)

[THE GREEN EAGLE]

- The Dixie Lake property is located south of Goldcorp's Red Lake Mine and has a non-compliant resource of 378,296 tonnes grading 4.4 g/T Au established by Teck Exploration Ltd. ("Teck") (1989-90). Diamond drilling done by Grandview in 2007 and 2008 resulted in the discovery of new high-grade gold zones (NS Zone), and the continuation of existing zones. Within the NS Zone numerous high-grade gold intervals containing visible gold characteristic of a Red Lake vein type deposit, and assays as high as 163.75 g/T Au. Exploration programs include a return to the Dixie Lake property to continue to trace mineralization in the high grade NS Zone and further evaluate other areas of mineralization.