Hi durban1,

In case you are not familiar with a VMS (Volcanogenic Massive Sulphide) deposit, it is actually an extreamly interesting type deposit which hosts many surprises. I was always intrigued and interested in GNH partly because of the volcanic type deposits which have been found. This always assured me that this deposit (T1-2) has been fed from the depths, with great force.

A VMS deposit typically will host many other metals such as copper, silver and zinc. This Champagne Zone, which I had no idea existed, until the NR, has made this area in the Beauce, one heck of alot even more interesting. On top of that, we have learned that FNC has drilled some copper at something like 6% which is crazy high, and that is in GNH back-yard, which inturn tells me it could be in the GNH front yard. I was not expecting any Silver deposits in GNH claims but always thought it could be nice. As it turns out Champagne appears to contain all these elements, including the fine grain consistent Gold which is considerably much easier to measure than the nuggety in T1-2-88.

Last year the Management Team had a mandate to drill according to the wishes of the PP holders and they wanted the hot zones identified by SGH, and so they delivered, however those hot zones unfortunately were hot with something else, not Gold.

I've studied alot of drilling results and T1-2-88 are measuring up very well with many others in the market, and I knew that it was impossible that this little area was the only source of Gold, vertually impossible. What we seem to have are different types of deposits in the claims, and that is a big, and pleasent surprise.

It is very possible that the Champagne Zone in comparision makes T1-2-88 look like a fart. T1-2-88 will on their own, be economical. Champagne very well could raise many glasses, hopefully mine.

:) Skier