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Message: 43-101

was based on first 78 holes. Dave is now on hole 108,which represents a 38.46 % increase.

By applying a rough calculation of resources to the additional 38 holes on the same basis as the first 78 gives us a ballpark total resource for the 108 holes of 422,000 oz Au in the indicated and 5.199

million oz in the inferred for an overall total of 5.621 million oz of gold.

While this is a very rough calculation (but probably reasonable ),this is a great potential

resource for just 9 months of drilling. I have not even considered the silver.

What will another year of drilling with all the money in the bank give us ?

Absolutely amazing potential and no wonder BMO and the consortium were so quick to offer Dave the $25 million.

IMO,there is no reason why the sp will not explode upwards very soon.

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