Hey Sculp,

I can't find anything that SLI has put out about the option termination. I guess we'll have to wait until our financials are released. I will check some more later, but for now this is all I have for you.

According to 88 Capitals MD&A that was put out in July, they terminated the agreement as of March. They wrote off acquisition costs of $108,750.00. It appears that there were no exploration costs on the Chance 'F'.

During this period, they also ended an option agreement on a B.C. property with another company. That property did incur explorations costs:

After optioning these properties, in light of both disappointing initial results and the decrease in market interest in funding exploration programs, management decided to return both properties to their Optionees.