posted on
Sep 20, 2007 10:06AM
Dear Shareholder,
Thank you for your inquiry. The difficulty in doing a number of shallower holes is the nature of the terrain. There are only a limited number of places where one can set up a drill pad in order to cut through the graben and intersect the Webb/Devils Gate with the structural trap generated by the fault structure. Ideally, one would do short holes directly in the graben however the BLM does not allow pad development in a topographic low as it would affect the drainage patterns of the area.
We are working on the Gold Hill sampling program and we are currently waiting on a geologist to finish some existing work before starting the sampling program. I expect that we will initiate the sampling program shortly.
Regards,
AGORACOM Investor Relations