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Message: Deep drilling at Hercules

I am wondering why we have not seen drilling results about deep drilling at Hercules yet. I was expecting those. Can you explain why they were not reported, or was there nothing to report?

If we can still expect them, can you give a global time frame??

Keepman, all the 2009 drill results were released on November 27th, and will be incorporated in the 43-101 that is soon to be released.

The results you are looking for are on the Kodiak web page here:

http://www.kodiakexp.com/_resources/news/HR_DH_SigInterceptTable_27-NOV_2009_FINAL.pdf

You will see that there was only one hole over 1000m depth, with several in the 400m and 500m depth range, that had any gold showings. They were not very wide, or particularly high grade.

A number of holes were reported as not having any significant results; we don't know how deep those holes were drilled.

We did have this discussion on this board at the time; I believe the general consensus was deep drilling was a bit of a "Hail Mary" at this point, and that drilling to any depth would best be done from underground at a future date.

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