Ann: Becoming a substantial holder, page-19

I believe that they assay labs are overwhelmed with drill cores which has slowed down our results. AUC has a very competent management team that is proceeding very deliberately. They said that they are going "hole by hole" in their examination of the drill cores for targeting of the magnetic plates. The RC cores consist of a very crushed material that you could throw into a gold pan to get a very rough fix on higher grade gold concentrations. Cores from diamond holes are solid so only visible examination of the outside of the core is available to spot the presence of gold.

Most of the current holes are rotary core. There will be a ton of data hitting the market. Notice that there are very few sellers in the stock. Only the odd seller that has other needs are liquidating.