Re: Davis property

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Re: Davis property

in response to

Davis property

gimeen

posted on Jun 20, 2008 09:37AM

Dear Shareholder,

Thank you for your inquiry. Seven diamond drill HQ core holes totaling 2500 feet with an average depth of 107 meters are planned to confirm the presence of gold reported by US Mining and Smelting Company from a 1980's drilling program and to test for extensions of the gold zone up-dip and along strike to the north and south.

A property summary, written for USSRAM at the time of the drilling, reported significant ore-grade material that averaged 3.8 grams/ton (0.11 oz/ton) in six of eleven holes at the Davis Mine. Planned drilling by Molycor is intended to confirm and expand upon this zone.