Ann: RC drilling commenced at Currans North and regional targets, page-3

we should be over .20 with spx flying, management need to go out & promote

In early August, the Company is planning to commence a 5,000m aircore drilling programnorth of the historical Penny West gold mine, the historical Magenta and Columbia goldprospects, and the recent Penny North gold discovery by Spectrum Minerals Ltd, c. 2-4km tothe south and along strike of the area to be tested by the AC program. Aeromagnetic data(Figure 3) show, the stratigraphic units that host these gold deposits may extend north intothe Venus Joint Venture tenement where they present a prime gold exploration target for highgrade gold mineralization of the Penny West type.