TODAY'S DISCOVERY, TOMORROW'S FUTURE

Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.

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Message: Analysis?

Re: Analysis?

in response to by
posted on Feb 29, 2008 06:32AM

Hi Fdrake!

High grade gold found at Area 51! I wonder if that is where the UFO crashed?

The grades of this NR are a bit more pedestrian that we have become accustomed to with KXL, but they are certainly within the range of economic extraction. And more importantly, KXL is now beginning to outline more tonnage, which is essential in order for this company to become a more serious exploration story. High grade values will only carry you so far, and thereafter you need to demonstrate that you can define a deposit area. KXL is working to achieve that, by stepping out the drilling along strike and to depth.

There is so much intensely mineralized structure on the property holdings that I believe the company will eventually outline several economic deposits, and possibly a couple with very high grades that would be extremely profitable to mine. This is a step in the right direction. And just in time for the PDAC, as I expected.

cheers!

mike

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