My guess would be that Hole 19 & 22 were the holes that were not allowed in this current NR. With the tight requirements of the NI43-101 and the QP's reputation and status on the line. One would have to wonder how many of the holes that were drilled to depth were allowed to be used in their entirety.

PC020 & 21 were only drilled to a depth around 100m, would Hole 25 be acceptable to it's full depth without further infill drilling like Hole 26 - 28 planned for last year but not completed due to weather and cost?

Would holes drilled to the south be allowed in their entirety also? Does Pem's Powerpoint on page 15 state CLEARLY that there is a lack of drilling between the three bodies of the resource?

With Pem stating they may be planning larger step-outs in Phase 4, one would have to question whether it will be necessary for infill drilling to prove up the resource in the lower body or whether junior or senior mining companies are more concerned with the total length and depth drilling to make a decision on whether to persue Pem.

100% success rate with the geophysics data would one believe that if the drilling in Deadwood and Buffalo Gulch is as successful as what it looks like we may be in for a great year or two if we are still around.