an: expands footprint int twin bonanza, page-28

Helmenesh,

Thank you for your usual detailed input and I'm glad you like my cartoon.

I actually had another look at the more recent announcements from ABU and it seems that Port/Starboard is actually further to the east. See page 25 of the 17 March 2014 'Investorium' presentation which seems to more closely match the location shown in recent announcement of the acquisition of tenements.

The red circle just to the south of Vampire in my cartoon is the newly mentioned Syrene prospect.

You are correct in that the grades on Vampire (formerly Medussa?) and Syrene appear to be from surveys undertaken in the late 1990s and early 2000s. Have you read the final survey reports and taken a look at the full assay results and drillers logs?

I had a quick read of the final reports and dug through some of the drillers logs and assays over the weekend.

Especially in Vampire, almost all holes mention intersecting quartz veining at some point. Also elevated levels of As, Ni and Cu which is certainly encouraging.

The rest of the details are beyond my understanding, but I'm sure they will mean more to you.

I'm starting to think that ABU is now in a position where we can begin to see some continuous forward momentum.

Lets hope there is some good news from the trenching and drilling program at Old Pirate / Golden Hind shortly.