Dear shareholder,
Answers are in red:
1) How far through the 22,000 meter drill program (announced fall 2007) for the Geraldton/Beardmore properties. A: 8000 metres
2) How many drills are currently working at Onoman. A: None at the moment; it’s “break up” period in the areas where heavy equipment was removed until the snow melts and the ground hardens. We should have a drill back on Onaman by month end.
3) a. Does SGX foresee any immediate improved time lines regarding the backlog of the assay labs A: Yes, all companies are backlogged and once the bottleneck is taken care of we should be back to reasonable turnaround times.
b. Does SGX have any strategies in place to improve these lab turnaround times. (ie. alternate labs) A: Yes, we will access the new lab in the area to improve deliveries. The area has exploded with exploration in the past year hence these unexpected delays but we anticipate much improvement in the near term.