TSXV: ADI       Adriana Resources Inc.
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Business Background

Sprott Resource Holdings Inc, formerly Adriana Resources Inc, is a Canada-based holding company, which focuses on holding businesses in the natural resource industry. The Company's holdings are focused on the mining and energy sectors. The Company also invests in public and private securities. The Company's Lac Otelnuk iron ore project is located in the Quebec region. The Lac Otelnuk Project is a Lake Superior-type taconite deposit located approximately 165 kilometers northwest of Schefferville, in the Nunavik region of Quebec, and consists of approximately 790 mineral claims totaling approximately 531 square kilometers. It has a defined resource of approximately 27.9 billion tons and produces approximately 50 million tons per annum with a concentrate grade of 68% iron (Fe).

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