Ann: Quarterly Activities and Cashflow Report, page-21

Hi There Looyedan,

MAD182 has been drilling only one shift per day and additional crew were scheduled to arrive this week. The drill progress would still have some way to go to clear granite and then into the "fun zone" on its way down to 700m. Hopefully late next week or a few days later and we might get news.

MAD182 is very interesting as it is to the north of a midpoint between Cathedrals and Radar and is in a 100% owned SGQ tenement. The hope is that it will meet a down plunge extension of the shallow Cathedrals deposit. If it does, the north of previous shallow drilling at MA really comes into play. AIMO of course.

Cheers
Mulac1