drill hole 2 excellent results $$$$, page-7

From http://www.kghm.pl/index.dhtml?category_id=260&lang=en

"Depending on the location of the orebody the thickness of the deposit zone ranges from 0.2 to 19 m, averaging appx. 4.84 m" (KGHM mine)

This indicates the orebody is highly variable in thickness in in the neighbouring licence areas.

Remembering what was discussed yesterday about a 3-4 inch core recovery, 1-2 metre thick orebody intersection isnt too bad from 2 holes within our entire tenement area.

There will obviously be variatons in orebody thickness laterally, and this will become clearer as more bores are drilled.

And as Mr Alexander stated(from ann.)

“From Balamara's viewpoint, the significant fact is that we have intersected the mineralized system in the first two holes and they are 2m thick. At this reconnaissance stage we don't have a detailed knowledge of what controls the relative distribution of copper, lead and silver in our tenement area and it may take several more drill holes for some pattern to emerge. With respect to the 2m interval, these systems typically have great lateral continuity and at KGHM a thickness of only around 2m is required for exploitation over large parts of the mining operation”.

IMO,I think a very positive announcement and look forward to hole 2 assay results.