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: Vancouver conf. notes Jan 25 / cedar

Spending rate - thanks for the note hrattle - the $8m was my own figure, and I understand $7m will probably be closer to the mark for this year's spending.

Maki - the assays so far didn't meet expectations, but the interest is still there. KXL and other would really like to have a bridge over the river to get in there, and that is a carefully done matter with the gov't of Ont.



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