ann out, page-3

This drill report looks very promising. I like the way they show the drill holes in the report graphics with the results attached. Professionally done.

High Grade Gold in Resource Development Drilling at Chatree North
Initial high grade gold drill hole results support the aggressive resource development drilling program underway at Chatree North. The program is to drill test extensions to known ore bodies and is anticipated to increase resources significantly this fiscal year.

The best new drill hole result is 30 metres of 5.1 grams/tonne gold from 103m down hole including 9 metres of 9.9 grams/tonne gold in altered hydrothermal breccias in
drill hole 3199RC. This drill hole is in the south west part of Q prospect in a previously untested geophysical anomaly and demonstrates the potential for new
deposits within Chatree North. Drilling underway in another hole 50m to the south shows similar altered breccias with assay results pending.

Other encouraging new gold results from nearby drilling include 18 metres (m) @ 1.7 grams/tonne (g/t) gold, [email protected]/t, [email protected]/t, and 19m @1.2g/t. Recent drill hole
intercepts from this area are reported in the table below.

Initial drilling focused around the south and central parts of the planned Q Prospect pits and in the north end of the A pit that will be followed by drill testing the western side of A Pit.

Yours sincerely,
GAVIN THOMAS