Re: When will drilling begin at red hill?

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AGORACOM-JEFFC

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Re: When will drilling begin at red hill?

in response to

When will drilling begin at red hill?

Budweiser

posted on Jun 24, 2008 08:21AM

Dear shareholder,

Thank you for your inquiry. As per the June 12, 2008 news release:

Drilling, utilizing one diamond drill rig, has now commenced on the Red Hill Zone located approximately 300 metres southwest of the Main Zone. The Red Hill Zone has been interpreted as a possible faulted extension of the Main Zone, and will be tested initially by 10 widely spaced diamond drill holes to an average depth of 200 metres.

There are 6 historic drill holes in the Red Hill Zone. No NI 43-101 compliant estimates of the potential quantity and grade ranges of the Red Hill zone have been made and as such cannot be published. Drill results from the current drill program we be published when they are available.