Why I bought PAKman, page-45

for those who can't read or do the research, here is my update for you -

from 01/10 - Indicative Exploration Programme
As mentioned in previous releases, the Company will focus exploration on:
• RC drilling of the Nugget Patch and One Tree Well targets to follow-up the historical gold mineralised drill intersections and testing the mine workings at depth.
• Geological mapping and sampling and geochemical surveys (soil, auger) of the Rainbow Dam
target, to be integrated with lithostructural geophysical interpretation, to better define drill targets
• Targeted RC drilling of the Rainbow Dam prospect.
• Heritage clearances, permitting and RC drilling of the Rainbow Dam and One Tree Well extensions.
Generative exploration to identify and test additional targets over the remainder of the 113km2
property, especially the covered northern part of the Rainbow Dam target, will comprise:
• High resolution magnetic surveys to better define rock types, alteration and structures.
• Heritage clearances and drill permitting.
• Systematic, grid-based reconnaissance aircore drilling to penetrate through the alluvial cover and
sample for top of bedrock for multi-element and spectral geochemistry; and
• Deeper RC drilling to follow-up identified bedrock target

from 30/10 - Status of Conditions Precedent to the proposed Farm-In Agreement
• PAK has engaged legal, geological and tenement experts to assist in the completion of
due diligence.
• PAK and Salazar have commenced the preparation of documentation that is under review
and negotiation
• Salazar and PAK have developed the framework for a work programme to carry out work
on the most highly prospective areas of the Porphyry North Gold Project

so as you can see its the Red tape holding things up, not PAK, so either suck it up or get out, simples