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Message: Premier vs Kodiak

re: West Geraldton and Brenbar see excerpt from Sep 14th NR below... additional drilling indicated for both projects at that time... West Geraldton: "Additional exploration and drilling are planned to follow up this important drill intercept."... Brenbar: "Additional drilling will begin shortly."... It is now almost December... results from either or both of these programs could be coming in now.

IMO Hercules will eventually create an economic deposit... NI 43-101 is obvious massive first step... talk of ramps and bulk sampling are huge... value here will not likely be reflected in share price for a while... if KXL wants to boost it's share price in the short-term they will have to show the market a new discovery(s)... proof that holding all of this land is meaningful... most here 'know' it is... but they need to show the market it is.

I'm with grizfish and I say more dill results very soon.

red911

P.S. KXL... please get the West Geraldton, Brenbar and Milestone 'project' sections of the website up and running... thanks!

Sep 14th:

Drilling at the West Geraldton project, approximately 10 kilometres west of the town of Geraldton, has intersected gold mineralization grading 82.5 grams per tonne gold (2.4 ounces per ton) over 2.1 metres, including 208.8 g/t gold (6.1 ounces per ton) over 0.8 metre in drill hole WG09-18. The target area lies on the Portage shear, a regional structure that extends westerly from the main Geraldton district where Premier Gold Mines has reported encouraging drill results from its Hardrock joint venture with Roxmark Mines Ltd. Kodiak began exploring West Geraldton last year, and previous results include channel sample WG-04 (0.8 metre grading 31 g/t gold (0.90 ounce per ton)) and drill hole WG08-06 (1.4 metres grading 12.4 g/t gold (0.36 ounce per ton)). Detailed structural mapping of the project area and geologic modelling led to the discovery of this new, very-high-grade area. Geologically, the Portage shear hosts gold mineralization similar to that seen at the Little Long Lac mine and parts of the Hardrock mine in the main Geraldton district, site of over three million ounces of recorded gold production. The success of initial drilling at the Portage shear target validates the company's regional exploration model and continues to expand the resource potential of its land holdings in the Beardmore-Geraldton gold camp. Additional exploration and drilling are planned to follow up this important drill intercept.

At the Brenbar project, located approximately 13 kilometres southwest of the Golden Mile, recent drilling intersected high-grade gold mineralization associated with another large district-scale shear zone: drill hole BB09-01 intersected 1.7 metres grading 10.35 g/t gold (0.30 ounce per ton) including 0.5 metre grading 32 g/t gold (0.93 ounce per ton). Additional drilling will begin shortly. The proximity of this high-grade gold zone to the Golden Mile and Hercules project underscores the significance of this intercept: discovery of a gold resource at Brenbar would complement and enhance the economic potential of the Hercules project.

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