It is marvelous to hear that Noront has drilled up to hole #58. Nine more holes have been drilled since hole 49. PRB sp has been piggybagging NOT sp performance, it is indeed a good news to help rise PRB sp. I think NOT's sp will continuously climb up to $2.50 till PP is complete, then fly from there upon drilling updates on Eagle One.

In addition, we are waiting for assay results that would be probably released next Tuesday following testing/drilling plan details in late summer or early fall from West Timmins.

Dave should have access to the insider information on the locations of holes 50-58 through technical committee meetings. I believe some of these holes should be close to PRB/NOT jv property knowing that hole 49 was at north-western contact of the Eagle One conduit. I was told that Dave already had a plan two months ago to include deep-down drilling in this jv property as part of the Phase II drilling plan.