Spent the most of my time with GNH.

They drilled one hole at Beland at the end of December but for some reason, this was never announced. This hole did not have VG but had really good quartz diorite. Some people may ask why we drilled there again since the first time was really not promissing. The answer is that the first time we drilled there, we did not drill exactly in the location we wanted. We drilled at the Beland anomaly and now we drilled at the Beland showing. The hole is on the google earth map and showing as drilled to a depth of 234m.

They are still drilling right now and up to hole 194. That hole is collard at the east end of the 88 zone and as such is probably not important for the 43-101. This will be the last how for now as the company will take a short break to analyse all the results. Hole 193 on the other hand is between holes 182 and 173 and would be included in the RE. I believe the company wants to have results up to this hole included in the RE. In order to speed things along, they now have 2 shifts working at the core shack which is where the bottle neck was. The have also gotten the assurance from the lab that things will be returned quickly and so far, they have been under 3 weeks for results for the latest results.

I still think it is a very tight schedule to get this done by the end of March and believe that waiting the extra 1 or 2 weeks would be worth it to have all the latest results in.

Wedge holes were good results, obviously market expected more but I am confident that our prospects are excellent. If they do produce good results at Champagne and they if this hole at Beland is positive, than this could re-ignite the 20km belt theory. For now, the reality is our share price is 24 cents though so patience is required.

There was probably more stuff but I got to run to work, will post again later tonite.

Glorieux