Ann: Final Drilling Program Preparations Underway at Fraser South, page-49

First Drill Bit sharpened after final preparation of the last 9 final preparations so we are finally prepared to inspect the first drill to see how sharp it is. 12 test holes will be prepared at a location very similar to SIR Nova and CRUX soil to see if this drill can indeed put a hole in the ground.

We will get as close to a known area as we are allowed with this really sharp drill. Failure to puncture a 6" hole in this soil will result in additional preparation of another drill which yes we will have to sharpen as well.

A drill sharpening scoping study is in preparation for sharpening this second drill if it is required and a CR will be launched as soon as we know drill #1 does not work as we have run out of the fancy stuff that sharpens these things.

Management has said we should try drying out some of the bullshit they have been announcing to see if this indeed will be hard enough to sharpen the second drill. God knows there is enough of this stuff to choke a donkey so it would be great to use it more something useful and add value for current shareholders and just dilute the bullshit rather than the SP