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The Company's Eagle Gold Project in Yukon Canada hosts a National Instrument 43-101 compliant Reserve of 2.3 million ounces of gold.

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Message: News! November 3rd, 2008

One 7/15, the commencement of their attack on gold @ 893, commerical short position was 247K contracts. Last week it was reduced to 76K--the lowest short position since 6/05. Article also notes incredible premiums for physical gold and silver. Once again, supply for the latter must eventually be met which, IMO, equates to either contract delivery from the Comex or higher paper prices to reduce demand as other supply sources are contracting: mining production, central bank sales, producer hedging, and recycled gold.

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