Projects in Nevada E&E, DH

Golden Repeat E&E, DH AC JDN Ivanpah


Trenching at the E & E and DH claims showing traces of gold

E&E Claims Nevada E&E Claims Nevada



The E&E and DH claims are located approximately 10 miles south east of the JDN claims. The Company in July, 1993 purchased 100% interest in 26 mining claims in Eureka County, Nevada. An additional 28 claims were added to this property by staking in fiscal 1995.

Both the JDN and E&E and DH properties lie on the Battle Mount Trend where Placer Dome operates the Pipeline project, reported to historically contain more than 10 million ounces. Both properties are within a few miles of Coral Golds large claim which is between the Pipeline and the properties held by Mill Bay Ventures Inc. Potential exists for similar mineralized structures on Mill Bay properties as have been found on other portions of the Battle Mountain Trend. Further exploration and drilling of both properties would be in order should the price of gold improve.

E&E DH Claims CMQ Lease
Oct 2, 2005 5 Year Lease



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MILL BAY ventures inc., Nevada Properties: Goldstrike hosts two deposits - the Meikle underground mine (5.3 million ounces) and the Betze-Post open pit mine (23 million ounces). (Figures are combined reserves & resources, as at December 1999), For those not familiar with high-grade vein deposits on the Carlin Trend, an overview of the Ken Snyder Mine is useful for comparison purposes. At Ken Snyder, geological modeling and persistent drilling led to the discovery of the deposit. The Ken Snyder mine is a 650-ton per day underground operation, opened in 1999 at a capital cost of less than US$100 million. Annual production is about 250,000 equivalent ounces of gold at a cash cost of around US$100 per ounce.





News Release
The following are excerpts from News Releases, the reader should not rely on the excerpts for a full report. News Releases in their entirity and for the year are available in PDF
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Mill Bay partner CMQ starts drilling in Nevada
2007-09-26 11:26 ET - News Release
Also News Release (C-CMQ) CMQ Resources Inc
Mr. William Glasier of Mill Bay reports

CMQ RESOURCES INC. STARTS DRILLING AN UP TO FOUR HOLE EXPLORATION PROGRAM TARGETING THE LOWER PLATE CARBONATES AT VALMY HILL AND NORTHWEST CORRIDOR ON MILL BAY VENTURES' LODE MINING CLAIMS IN NEVADA

CMQ Resources Inc. has started drilling an up to four-hole exploration program targeting the lower-plate carbonates at Valmy Hill and Northwest corridor on Mill Bay Ventures Inc.'s lode mining claims in Nevada.

During the fall of 2006, CMQ Resources completed three holes totalling 4,248 feet of drilling, including 1,441 feet of coring in the Valmy Hill focus area approximately two miles north of Hot Springs North. The Valmy Hill area exhibits surface mineralization that may indicate leakage from potential orebodies in carbonate rocks at depth.

The gold concentrations in these drill holes are not significant commercially, but the thicknesses are very encouraging. CMQ believes that considering the presence of highly altered lower-plate carbonates and the substantial thicknesses of low concentrations of gold, continued nearby exploration could yield significant results.

John Hogg, vice-president of exploration for Vasquir Mines, is a qualified person, as defined by National Instrument 43-101, has approved the above information quoted from CMQ's Jan. 25, 2007, press release in Stockwatch.

Mill Bay JV partner CMQ to drill four more holes

June 21 2007 - News Release

Also CMQ Resources Inc (C:CMQ) News Release

Mr. William Glasier of Mill Bay reports

CMQ RESOURCES INC. HITS LOWER PLATE CARBONATES AT VALMY HILL ON MILL BAY VENTURES' LODE MINING CLAIMS IN NEVADA IN 2006.

Mill Bay Ventures Inc. has been notified by its partner, CMQ Resources Inc., that it plans to drill four more holes this year. Drilling is planned to be completed by Nov. 15, 2007.

CMQ Resources reports, "During the fall of 2006, CMQ completed three holes totalling 4,248 feet of drilling, including 1,441 feet of coring in the Valmy Hill focus area, approximately two miles north of Hot Springs North. The Valmy Hill area exhibits surface mineralization that may indicate leakage from potential orebodies in carbonate rocks at depth.

"The gold concentrations in these drill holes are not significant commercially, but the thicknesses are very encouraging. CMQ believes that considering the presence of highly altered lower plate carbonates and the substantial thicknesses of low concentrations of gold, continued nearby exploration could yield significant results."

John Hogg, vice-president of exploration for Vasquir Mines, a qualified person, as defined by National Instrument 43-101, has approved this press release.

CMQ RESOURCES INC. HITS LOWER PLATE CARBONATES AT VALMY HILL
ON MILL BAY VENTURES∂ LODE MINING CLAIMS IN NEVADA
Date: February 7 , 2007

CMQ Resources Inc. reports, ∏during the fall of 2006, CMQ completed 3 holes totaling 4,248 feet of drilling, including 1,441 feet of coring in the Valmy Hill focus area approximately two miles north of Hot Springs North. The Valmy Hill area exhibits surface mineralization that may indicate leakage from potential ore bodies in carbonate rocks at depth.

The gold concentrations in these drill holes are not significant commercially, but the thicknesses are very encouraging. CMQ believes that considering the presence of highly altered lower plate carbonates and the substantial thicknesses of low concentrations of gold, continued nearby exploration could yield significant results.

Drill hole V06-05, CMQ's first hole in the Valmy Hill focus area, was completed to a depth of 2,023 feet. This hole was originally targeted for a total depth of 1,600 feet and was not expected to encounter the sought-after lower-plate carbonate formations for at least the first thousand feet. CMQ was very encouraged to find that drilling encountered highly carbonaceous lower plate dolomitic siltstones and mudstones from approximately 180 feet and continuing to the total depth drilled. The hole was drilled using a mud rotary system to 1,680 feet and with core drilling thereafter. From approximately 1,850 feet to 1,980 feet, the observed core was highly altered and appeared to have experienced significant fluid transmission, dissolution and collapse. Eight geochemically anomalous intervals (from 11 ppb to 432 ppb gold) occur from five to 190 feet in thickness, the best interval being a continuous 60-foot interval from 130 to 190 feet in depth averaging 299 parts per billion gold. For this section of the hole 10-foot intervals were sampled using mud rotary drilling methods.

Drill hole V06-06 was drilled to a depth of 1,162 feet, where the hole was terminated due to severe caving. The mud rotary portion of the hole was drilled to a depth of 760 feet, and from 760 feet to 1,162 feet was cored. Lower-plate dolomite was encountered at a depth of 650 feet. From 760 feet to the bottom of the hole, decalcified micritic limestones, muddy limestones, black carbonaceous limestones, mudstones, and limestones with significant debris flows and collapse breccias occur, with some intervals containing up to 5% pyrite. The hole contained a 20-foot interval from 110 to 130 feet averaging 356 ppb gold. The samples were 10-foot samples acquired by mud rotary drilling methods.

Drill hole V06-07 was completed to a depth of 1,063 feet, where the hole was terminated due to severe caving. Mud rotary drilling methods were used to a depth of 367 feet, and the hole was continued using coring to the depth of 1,063 feet. The hole was drilled in conglomerates, cherts, siltstones, quartzites, sandstones, siltstones and minor limestones to a depth of 1,035 feet, where lower-plate decalcified, moderately silicified and highly carbonaceous mudstones were encountered. These sediments continued to the bottom of the hole. This hole was again geochemically anomalous in gold and other Carlin-suite elements over long intervals.∑

MBV's Sept. 26 press release covers CMQ's exploration program and the approved drill sites. Drill holes VO6-05-06-07 are on MBV's leased land to CMQ. MBV receives annual payments , CMQ shares and a 3% NSR is tied to the property. See details of the agreement on MBV's website. www.millbayventures.com

John Hogg, VP of Exploration for Vasquir Mines, is a qualified person, as defined by National Instrument 43-101, has approved the above information quoted from CMQ∂s Jan. 25/07 press release.

Mill Bay is actively evaluating, acquiring and exploring prospective properties in Canada and the United States. Mill Bay also has gold properties in Bridge River, British Columbia and in the Battle Mountain Trend, Nevada. For more information about current properties, please see website: www.millbayventures.com <http://www.millbayventures.com>

Mill Bay leasee completes first hole at Valmy Hill
November 6, 2006 - News Release

Mr. William Glasier reports

FIRST DRILL HOLE SHOWS ENCOURAGING RESULTS ON MILL BAY VENTURES' LODE MINING CLAIMS IN NEVADA LEASED TO CMQ RESOURCES INC.

Drilling of CMQ Resources Inc.'s first hole in the Valmy Hill focus area, approximately two miles north of Hot Springs North, was completed on Nov. 3, 2006, to a depth of 2,023 feet, on land leased from Mill Bay Ventures Inc.

The Valmy Hill area exhibits surface mineralization which may indicate leakage from potential orebodies in carbonate rocks at depth. This first hole was originally targeted for 1,600 feet and expected to encounter volcanics and the Valmy formation for at least the first 1,000 feet. Drilling encountered highly carbonaceous dolomitic siltstones and mudstones from approximately 180 feet and continuing to the total depth drilled. The hole was drilled using a mud rotary system to 1,680 feet and with core drilling thereafter. From approximately 1,850 feet to 1,980 feet the observed core was highly altered and appeared to have experienced significant fluid transmission, dissolution and collapse, important characteristics of Carlin-type carbonate-hosted gold deposits.

CMQ is very encouraged by the early indications of this drilling and final assay results should be available in January, 2007, from ALS-Chemex. Two more holes are expected to be completed in the Valmy Hill focus area in 2006, weather permitting. John Hogg, vice-president, exploration, Vasquir Mines, is a qualified person, as defined by National Instrument 43-101, and has approved this press release.

Mill Bay and CMQ begin drilling on Lode claims

Mill Bay Ventures Inc (C:MBV) Shares Issued 44,999,698Last Close 9/27/2006 $0.065Thursday September 28 2006 - News Release

Also CMQ Resources Inc (C:CMQ) News Release

Mr. William Glasier of Mill Bay reports

DRILLING STARTS ON MILL BAY VENTURES' LODE MINING CLAIMS IN NEVADA BY CMQ RESOURCES INC.

Mill Bay Ventures Inc., further to the company's news in Stockwatch dated Sept. 26, 2005, has been informed that CMQ Resources Inc. has commenced drilling on four Bureau of Land Management approved drill sites. It is expected that three holes will be drilled to a depth of approximately 1,600 feet this year and that will take at least 50 days to complete the program. The company has also received the second advanced royalty payment of $40,000 (U.S.) and 100,000 common shares of CMQ are being issued to the company.

John Hogg, vice-president of exploration for Vasquir Mines, a qualified person as defined by National Instrument 43-101, has approved this press release. Mill Bay is actively evaluating, acquiring and exploring prospective properties in Canada and the United States

Mill Bay leasing Nevada ground to CMQ

Mr. William Glasier of Mill Bay reports

Mill Bay Ventures Inc., through its wholly owned subsidiary Golden Reef Mining Co. Inc., owns certain mining claims known as the E&E group and DH group, consisting of 54 unpatented mining claims, all located in Eureka county, Nevada.

Golden Reef has granted a 10-year mining lease to Vasquir Mines Inc., a subsidiary of CMQ Resources Inc., of the E&E group and the DH group, subject to 3-per-cent net smelter return, in consideration of the following minimum advance royalty payments (in U.S. dollars), CMQ shares and minimum work commitments:

ADVANCE COMMON MINIMUM WORK
Date
Royalty
Stock
Commitment (Oct. 1)
2005
$ 35,000
100,000
-
2006
$ 40,000
100,000
None
2007
$ 50,000
100,000
10,000 ft
2008
$ 75,000
100,000
12,000 ft
2009
$ 75,000
500,000
15,000 ft

Subsequent years $150,000 royalty

The common stock will be made in the form of CMQ shares valued at 43 Canadian cents.




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