Ann: MAJOR COPPER GOLD DISCOVERY 41m @ 4.1% Cu Inc 9m @ 10.3% Cu, page-561

Just a comment to keep our feet on the ground and I am a holder. The ND44 drill assays were clearly expedited at all costs because management knew from the visuals this was going to be a scorcher of a result. It was a no brainer based on the visuals and well done. But the previous ND42 hole ( up plunge) for which assays were clearly jumped in the queue by ND44 was logged with most metres recorded as 1% chacopyrite and only one metre of the core with strong visuals. Those expecting ND42 to be a repeat or even an approximate to ND44 are living in disneyworld. The 80 metres of intersection in ND22 might come in around 0.5- 1 % averaged out, possibly a little bit higher given the single metre of very high grade mineralization. We need to be mindful of this and not get irrationally exhuberant. Having said that, what will be most interesting and market moving will be the more detailed and extended IP results in and around the copper shoot, which will not take that long to do as I think they said they will be getting onto this fairly quickly after the Xmas/NY break. This will provide some indication of strike and depth potential to be then confirmed by drilling, but lets face it, strong IP data extending outwards along strike from hole 44 will give us a very good indication of what more mineralization is down there. Its possible the ND22 assays may be announced at the same time as the IP results, which should help offset any ( undeserved) reaction to the ND22 assays. That would be a neat way to do it.