Developing Bellechasse-­Timmins Gold Deposit

New Discovery Resulting in a 20KM Mineralized Gold Belt

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Message: Predictions for the 88 Zone

We have only drilled 1 holed on the 88 zone since SGS came on board. This was hole 162 that returned 112m of 1.33g/t, here are the numbers from the news release:

BD2011-162   152    264     112      1.33  
Including    170    184      14      1.07  
Including    209    222      13      7.01  
Including    232    250      18      1.47 

Since then, we have drilled 3 holes in the 88 zone numbered 183-184-185. 
 Hole 183 is 38m to the east of hole 162 and drilled with similar azimuth and dip and 
was 435m in length.
Hole_Name BD2012-183
Easting 406048
Northing 5156274
Elevation 398.31
Azimuth 135
Dip -74
Length 435

We are more in uncharted territory here versus the infill drilling of T1/2 so results are more of a question mark.  Since we are close to hole 162, I am hopefull for a decent intersection.  A good hit here would be very encouraging as a second good hit in this zone would go a long way in making this area look economical and would mean our mineralized envelop is building and we are open to the east still.
Hole 184:
Hole_Name BD2012-184
Easting 405974
Northing 5156310
Elevation 398.31
Azimuth 135
Dip -75
Length 609

This hole was drilled to the north west of hole 162 and passes under the collar location of hole 162.  It is one of our longest holes at 609 meters and fairly deep at a dip of 75.  This is also the hole that had the picture with all the visible gold so we should get a good assay here.
Hole 185:
Hole_Name BD2012-185
Easting 406056
Northing 5156229
Elevation 398.31
Azimuth 135
Dip -74
Length 444

This hole is collard 64m to the ESE of the collar of hole 162.  This hole would stretch our envelop to the east of T1 by a fair margin. I have guarded optimism for this hole.  
 If these 3 holes come back with a good assays, then we will be increasing our tonnage considerably and our chances of growing our deposit to an economical size will have increased significantly.  I would also expect our share price to move up significantly on good results from this zone.  Poor results here would be disappointing but would not kill the project.
Glorieux
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