Developing Bellechasse-­Timmins Gold Deposit

New Discovery Resulting in a 20KM Mineralized Gold Belt

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I listened to both French and English broadcasts.

Frank speaks French rather fluently . As for Michel Carignan's English fluidity, well, he reminds me of Jean "What do you want?" Chrétien when he was 30! (Tell me you didn't laugh when Michel Carignan asked Frank if he feels like he have found Jack's Pot when he sees visual gold on the cores!!!

We did not learn much new, 2011 will be the year of proving the resource, as repeated many times last year. While really excited, Frank was however honest in saying that no resources had been established to date... But if they find, watch out!

I liked the idea of having 2 drills operating simultaneously, one to explore, one to define.

As for assays delays, If I understand OK (please correct me): given the type of deposits we have in Bellechasse, we have to go 2-fold: once fire, then pulp. An assay is not completed before both steps are done. Being bulk assays, they will not NR fragmented results, but wait to hold the whole picture. My understanding.

GNH is definitely a very powerful cost-reward position to have in a portfolio! Just imagine if they prove what they think they have at one-hour drive from Québec City... 18 kms wide of rich gold terrain... Wow! (In the French version, we learn that Frank drives a BMW, and can get to the camp in 3 hours and a half from his Montreal Downtown home...)

GLTA.

BaBe.

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