Nothing that we all don't know already but nice to hear it again. This is my own report and is subject to errors:

La Yaca coming along well. Foundations done, agitator tanks in, 200,000 tons of trailings (left over ore from previous mining - because of lower past prices, it was not ecomonimal to process, this has all changed with higher gold and silver prices). Can't say what the exact calculations are but could say millions of dollars. Waiting for enviromental permission to run the mill.

[My own gross calculations are: Assuming 200,000 tons of trailings @ 2 grams gold / ton and 220 grams silver / ton = 14,000 ounces gold * $900.00 = $12,600,000 and 1,500,000 ounces of silver * $18.00 = $27,000,000. Please - somebody else please check my back of the envelope math].

McFaulds - Mid June drillling after line cutting and geophysics done. Waiting for final agreement signatures on what each partner will contribute to the effort. The 55% is NOT in dispute. As soon as this is signed the drilling is a go. Expects resolution within two weeks.

McFaulds #1, #2, #3: expects 43-101 on these this year. #3 the soonest.

oh, yes, I did buy some more of this grossly underpriced stock.

BK