Adanac Molybdenum Corp
The Train Is About To Leave The Station
Ken Reser
July 28, 2007
This is intended to be fairly brief heads-up piece on Adanac for those of you in my editorial subscription base until the 1st week of Sept. I have possibly been remiss, judging by the amount of email feedback of late in updating you on Adanac and exactly where we are, at this point in time. There was a reason for my not having spoken of Adanac at length for the last while and that is because I felt I had reached a saturation point of commentary on AUA-V over the last 3 years and wanted to be able to bring something new to the table. I believe that time begins right now.

Firstly, AUA is now into the 45 day ministerial review process, which means the Environmental Assessment Office (EAO) has completed its 180 day review for the environmental permit for their Ruby Creek Molybdenum mine in Atlin BC. Next they have acquired 40 titled acres of land outside of Atlin and nearer the mining claims to use as a staging area for equipment and construction materials for the new mine. Also they have acquired a titled building lot in the town-site of Atlin itself, for the mine headquarters and offices. Both of which are already under construction (offices) and being cleared by bulldozers (staging area) and will be completed before summers end. Drill crews (one as I write and a second on the way) are and will be drilling over 7000 Meters of core to define extensions, outside and beyond the open pit BFS (Bankable Feasibility Study) area submitted last year, and it now appears further new deposits well beyond the prescribed open pit area. There was a past single drill hole in one of these new areas that had encountered Moly to a great depth by Climax Molybdenum in the late 1960's. These new areas, one being on the north side contact of the Adera fault to the north of the open pit area and another to the west are totally new areas of exploration only one of which as having ever been drilled by Adanac. Three successful holes were drilled to the west last year, all of which were very high in Moly content and outside the BFS proposed open pit. Holes A-06-69, A-06-70, A-06-71 were well mineralized and can be reviewed on the accompanying map and assay report linked here. www.adanacmoly.com/adanac_news_detail.php?newsid=125

Beyond that which I have just related, I will say I firmly and truly believe the Ruby Creek deposit is about to get much larger and probably even have higher grades. If this proves to be so, both of these new areas would be mined by underground block caving and would supplement the mill, which I believe is capable of higher output even tho the BFS recommendation only calls for a 20,000 T/p/d operation based on feed from the pit.

When I watch the share values that have soared on a couple of other would be competitors for the next large scale Molybdenum mine trading at $6.00 $7.00 and even $8.00 range and they do not yet even have a BFS to prove a mine is feasible, let alone all the engineering and mine design studies necessary or permits under application which takes 2-3 years, I have to wonder what it is the market is missing when Adanac trades in the low to mid $2.00 range and has all of the above. It makes me want to get a megaphone and shout from the roof-tops, "is anybody awake out there?" There is and there will be a lot more to tell on the Ruby Creek front shortly and over the next months ahead, but I know this much for sure "Adanac is going to be financed, permitted and be building the next large scale Primary moly mine" long before the competitors even know what happened. I wrote once a long while back "Some people make things happen, others act when they see things happen, and many will say, what just happened." Adanac is about to be the prime example of that adage in my opinion. I will be in the Adanac offices over the next week or so and I will be on the Ruby Creek mine-site at the end of August for a number of days, so you can expect a much more comprehensive report in the first week of Sept.

I will leave you with a series of the more pertinent news releases from Adanac, most of which seem to have gone right over many of the investing public's heads, and that is something that baffles me to no end. If these news releases don't speak volumes that even a blind person could see regarding the intent and capability as well as the advanced stage Adanac's Ruby Creek project is at, then I may as well stop trying to find and reveal sound mining projects altogether and take up knitting. I think if you read these NR's in any depth you will see my point. Some investors are, and have been, getting it for some time! As always, thanks for reading.


Ken Reser
Metals Research & Investor Relations Consultant:
ykgold@telus.net
Office- 403-844-2914

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Disclaimer: I am an independent Investor Relations & Research Consultant, currently employed by Goldrea Resources Corp, Adanac Molybdenum Corp. Molycor Gold Corp and NOT presently employed by Rocher Deboule Minerals Corp. I may own shares in these or other companies from time to time a/o hold options of said companies other than in Rocher Deboule (no options, but do own shares). This editorial is not a recommendation to own or buy shares of said companies as I am not an accredited investment adviser, nor were any fees paid for the writing of this editorial. KR.