Highlight of the first drill results are summarized in the table below.

Phase 1 Highlight  Diamond Drill Results
----------------------------------------------------
DDH               From        To  Interval(i)   Gold
                 meter     meter       meter     gpt
----------------------------------------------------
51               83.00     86.55        3.55    0.64
                 98.00     99.46        1.46    1.43
----------------------------------------------------
52               57.60     60.82        3.22    7.65
  including      60.00     60.82        0.82   10.40
                 66.28     66.90        0.62    8.92
                148.00    151.00        3.00    3.49
----------------------------------------------------
53              133.50    135.32        1.82    7.79
  including     134.35    135.32        0.97   13.10
----------------------------------------------------
54               22.25     51.00       28.75    6.74
  including      22.25     22.88        0.63   21.00
  including      39.00     49.00       10.00   15.02
  And            31.00     32.00        1.00   11.50
  And            40.00     41.00        1.00   87.50
  And            46.00     47.00        1.00   38.70
                134.50    136.00        1.50    6.38
----------------------------------------------------
57               25.78     32.00        6.22    0.99
  including      25.78     29.50        3.72    1.26
----------------------------------------------------
58               35.00     35.70        0.70   19.20
----------------------------------------------------
60               30.00     31.50        1.50    1.80
----------------------------------------------------
61               45.62     50.00        4.38    2.30
  including      45.62     47.00        1.38    4.47
----------------------------------------------------
(i) Interval lengths are not true widths.

Atotal of 15 diamond drill holes have been completed for a total of 2,225 meters from nine pad locations. Five holes targeted the BD Zone and ten targeted the Main Zone (& also the underlying BD Zone). A drill plan map is available on the company website illustrating hole locations and individual hole details.

Recent Storo surface mapping and geological review have expanded on earlier structural interpretations revealing that gold bearing quartz veins, along with essential sulphide mineralization, are bound within a structural corridor defined by the axial plane of a broad anticline which plunges -45 degrees to the east-northeast (about 065 degrees). Holes 62 to 65 tested the east-northeastward extension of the Main and BD Zones, while holes 57 to 61 were collared below the mountain ridge top investigating the down dip extension of known surface BD Zone gold mineralization.

Drill hole 54 is an infill hole and was collared within the of the central portion of the Main Zone; earlier historical drill results within this immediate area are also highly anomalous in gold. Holes 55, 56, 59, and 62 to 65 yielded generally narrow intervals of weakly anomalous gold values.

All holes were drilled westerly, with dips ranging from -45 to -78 degrees; holes 54 and 61 were drilled vertically. Average hole depth is 148 meters, with the maximum hole depth of 220 meters.