they didn't say much at the conference call about san luis that hasn't already been covered here. esperanza had some issues with the resource estimate and both companies want to look at it again. we can expect a new estimate, underground work, and a feasibility study.

at pitarrilla we will have a new resource estimate in the next month or two. this will be largely based on infill drilling, but there are some step out holes to the north and east of breccia ridge. the decline work is ongoing, and the portal is now 500 meters at depth. the decline will be 2 1/2 km by the third quarter, and then they can begin underground drilling. a scoping study is planned for by the end of the year.

they expect to drill 12,000 meters at diablillos this year, and snowfield has four drills for a 15,000 meter program this summer.