Dear shareholder,

Thank you for your inquiry. The Big M area has now been stripped and sampled and we have had a geological crew mapping the stratigraphy throughout the summer. The structural environment at the top of the mafic volcanic sequence in this area is quite complicated so we need to interpret the structure before we can understand the relationship of the gold bearing veins to the stratigraphy. We are currently evaluating the results of the summer mapping program before deciding on any next steps.

Regards,

AGORACOM Investor Relations