Anyone particularly concerned about SLAM going forward in current tough market conditions should give it a listen. In no particular order, Mike mentions:

- that he feels that SLAM hit a homerun with the TSN discovery and that any new discovery in the Bathurst Camp is significant and this could be "the big one"

- Wardrop Engineering is conducting the resource update for Nash Creek

- Plans for the next Quarter include:

*completed update resource for Nash Creek
*drill results for Costigan (next few weeks)
*trenching of TSN (a 6 week project)

- in response to "current market conditions", SLAM is cutting back on overhead and will be operating on a reduced budget over the next year or so

- he feels that they can afford to"sit on" Nash and Costigan now that the brunt of evaluative work is complete and "hunker down" during these times

- there still remains great opportunities for success, even with expenditures down - especially at TSN where they'll receive a lot of "bang for their buck" through the trenching program

Like I said, all in all a very positive interview!

Have a good evening!