delays

Regarding the delays in the JORC - I was looking back through the prospectus etc and noticed that there were hundreds of holes drilled previously Pancon, WMC and Greenstone among others over a period of some 20 years or so.

I would imagine the delays are probably due to the consultants being anal about confirming all the previous data.

In order to include these in the resource calcs the consultants would probably want to run some checks - ie finding old core and reassaying them, requiring GXY to drill alongside some to act as a check.

All these checks take time - but then thats why we have the JORC - to give us confidence in the final figures.