TODAY'S DISCOVERY, TOMORROW'S FUTURE

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Message: Editor/proofreader needed

Editor/proofreader needed

posted on Nov 24, 2009 11:48PM

I started reading some of the new and improved Kodiak web site to see if there was anything new, and found some pretty significant errors. From the Golden Mile section of the Hercules Property page:

"The high grade zone that forms the central part of the Golden Mile has returned intersections as high as 515.98 gpt Au over 2.5 metres, including 63.67 gpt Au over 0.3 metres in HR08-51, and a high grade zone to the east returned 16.98 gpt Au over 1.3 m, including 63.67 gpt Au over 3 m in hole HR08-171. The continuity of gold mineralization has now been confirmed to a downhole depth of almost 1000 metres, and the vein remains open below that."

My comment: Shouldn't the bolded sections be 63.97 gpt Au over 2.5 metres, including 515.98 gpt Au over 0.3 metres, and 16.98 gpt Au over 3 m, including 63.67 gpt Au over 1.3 m?

"Recent step-out drilling and trenching have discovered an extension of the Golden Mile 1 km along strike to the northwest, on the other side of a lake recently named the Golden Pond. This zone confirms a 50% increase in the strike length of the Golden Mile since the last report, and the system remains open for another four km to Kodiak's claim boundary. Trenching and mapping is complete. A high grade vein discovered by Sage Gold on trend with the Golden Mile structural zone further to the northwest indicates that the Golden Mile structural zone extends for at least nine km, over nine km of which remain undrilled. These results indicate good exploration potential extending to the northwest towards the Sage discovery along the same structural trend as the Golden Mile zone."

My comment: Does this mean that they haven't drilled even more property than they have?

People, this is the description of the flagship property of the company. How do sloppy errors like this get through? And this was only the second page I looked at. (There were some random typos on the first page I looked at).

"The information contained on this page has been reviewed and approved by Robert B. Hawkins, M.Sc., P. Geo., Kodiak's Chief Consulting Geologist for the Gold Division and a qualified person under the definitions established by National Instrument 43-101."

I'm not impressed. I hope they do a better job on the news release, or they'll have to issue a correction- and everyone here knows how that impresses investors and does wonders for the share price.

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