Good points guys.

And I am patient. I keep trying to add to my KXL as cash becomes available.

I believe KXL has identified 14 areas that merit drilling due to surface analysis. And this is in a very large land holding. I also agree with a well thought out approach to exploration.

But,

If geology and history have proven that the good stuff is down deep, why drill hundreds holes that only go to the 300 to 400 metre depths? Surface expression of gold potential has been a poorly kept secret in the Geraldton area since the 1930's.

Yes, deep drilling is expensive, but it is the only way to find out what is down there. Admittedly some of these holes will miss the ore body, but this also helps to define width and shape. As for where to drill deep...

If the Golden Mile is the trophy that is held before us in so many press releases, then lets start there. And yes, it will take time to properly identify the veining structure that is under the Golden Mile. Again I go back to the Hemlo and Red Lake examples. Hemlo initially looked like a dud - something like 70 marginal holes - but they kept drilling. With the Balmertown / Red Lake mines, they found another big deposit underneath an already big deposit. They accomplished this by drilling deep.

My last point is in reference to Gold Eagle. The Bruce Channel discovery was found under a land package that is only 500 to 600 hectares in size. A small piece of land that received approximately 200 holes - deep holes. A small piece of land that may contain 10 -13 million ounces!

Thanks for the input fellas. Your replies and my re-replies keep me busy while I wait.

KG