Nass Valley Gateway Ltd. is currently actively involved in the following projects:

Nass Bay Project

The Nass Bay Project (NB-Project) is a construction aggregate project and lies within the Nisga'a lands at deep tidewater in Observatory Inlet, just west of the village of Gingolx. Nass Valley Gateway plans to develop a quarry, crushing, and loading facility at the Nass Bay to produce crushed aggregates for the growing circum-pacific markets.

The original project area consists now of three parts:

1. A smaller Lower Portion, which lands are according to the Nisga'a Treaty owned in Fee Simple and under the jurisdiction of the Gingolx Village Government ("GVG") and as such registered in the Nisga'a Land Title Office (approximately 32.40 hectares). This area is still under negotiations.

2. The larger Upper Portion (approximately 137.60 hectares) which is according to the Nisga'a Treaty under the jurisdiction of the Nisga'a Lisims Government ("NLG"). These two sections "A" and "B" of the NB-Project are not conventional mineral tenures since they are situated on Nisga'a Nation lands. The Nisga'a Nation owns exclusively all mineral rights within their lands. The Company's drill program included only NLG-Lands since it received NLG permits for exploration on that portion of the NB-Project. A permit for exploration on the GVG-Lands was given by NLG, conditional upon the approval of GVG.

3. The recently staked mineral claims are along the south-easterly shore of Observatory Inlet, as reported in the Company's news release dated June 11, 2007. These new claims are Crown Land and are adjoining the boundary of the Nisga'a Lands forming the continuous northeastern third part of the NB-Project (approximately 680 hectares). These claims are conventional mineral tenures which are owned 100 percent by NVGL. This Northeastern part of the NB-Project will provide the Company with the largest potential resource, as well as an alternative possible site for a deep water shipping facility.

The geotechnical results of the 2006-07 drilling program on the NB-Project met or exceeded aggregate specifications for all performed lab-tests. NVGL is preparing its phase three exploration program incorporating recommendations of the technical report in order to expand its data base in respect to the rock quality and quantity. The new data, in particular the results of the planned bulk sampling program will provide important information for product marketing and analysis.

NVGL is also continuing to investigate other resource projects in order to complement its asset base within the aggregate business and increase shareholder value.