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Message: Golden Pond...

Golden Pond...

posted on Aug 12, 2009 09:46AM

Would seem KXL has been VERY busy (and I mean VERY busy... check out numbers below) in 2009 in claim 3006395... this is the claim block that contains 'Golden Pond'... and is about 600-700m NW from approximate center of highest grade section of Golden Mile. Previous drilling (2007 and 2008) in this area surrounding 'Golden Pond' is detailed on Slide 12 of latest KXL Corporate Presentation.

According to CLAIMaps...KXL has performed a whopping $465,906 worth of drilling in this claim block in just the latest round of exploration that started just months ago. For comparison... Slide 12 of the latest presentation depicts previous 2007 and 2008 drilling in this claim block that, according to CLAIMaps, totalled about just $200,000... Therefore, this current program has increased drilling in this single claim block (in and around Golden Pond) by an additional $250,000.

With just 1 drill I think it is safe to say this is alot of drilling and would likely have to contain a deep hole or 2 or 3 or 4. To rack up those kind of dollars with just 1 drill in just 3 or so months you would have to be going deep IMO.

To illustrate just how much $465,906 is... compare to previous work in the area of orignial swiss-cheesed GM discovery in claim 3006416... according to CLAIMaps... KXL spent $240,000 in 2007 drilling this claim and another $150,000 thus far in 2009... nowhere near the $465,906 just posted for 2009 alone drilling 'Golden Pond' claim...

IMO I cannot see them spending such a large amount in and around 'Golden Pond' if they were not onto something.

red911

Type Date Applied Description Performed Number

Transaction Listing

STAKER 2005-Feb-25 RECORDED BY MAILLET, PIERRE SYLVIO (M21835) R0540.00716
STAKER 2005-Feb-25 MAILLET, PIERRE SYLVIO (163493) RECORDS 15.00 % IN THE NAME OF LAFOREST, DENIS (155614) R0540.00719
STAKER 2005-Feb-25 MAILLET, PIERRE SYLVIO (163493) RECORDS 70.00 % IN THE NAME OF ROACH, STEPHEN NORMAN (187981) R0540.00720
WORK 2007-Feb-23 $ 12,800 WORK APPLIED (ASSAY, PDRILL) APPROVED: 2007-MAY-09 W0740.00356
OTHER 2008-Jul-18 WORK PERFORMED (PDRILL) APPROVED: 2008-SEP-25 $ 132,728 Q0840.01495
WORK 2008-Jul-18 $ 6,400 WORK APPLIED (PDRILL) APPROVED: 2008-SEP-25 W0840.01495
OTHER 2009-Feb-23 WORK PERFORMED (GRAV, IP, LC, MAG) APPROVED: 2009-MAR-19 $ 69,087 Q0940.00454
WORK 2009-Feb-23 $ 6,400 WORK APPLIED (GRAV, IP, LC, MAG) APPROVED: 2009-MAR-19 W0940.00454
OTHER 2009-Apr-01 WORK PERFORMED (AMAG, AVLF) APPROVED: 2009-JUN-25 $ 1,966 Q0940.00879
OTHER 2009-Jul-15 WORK PERFORMED (PDRILL) APPROVED: 2009-JUL-30 $ 465,906 Q0940.01814
WORK 2009-Jul-15 $ 6,400 WORK APPLIED (PDRILL) APPROVED: 2009-JUL-30 W0940.01814


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