Ann: Inca March 2014 Quarterly Activities Report , page-16

re: Ann: Inca March 2014 Quarterly Activities... Fancypants - I actually think that delaying the drilling to do the hydrothermal clay mapping was a good idea. Looking at several companies that are drilling for porphories at the moment and seeing the difficulty that they are having hitting the main parts of the ore body it is obvious that drilling these things isn't straight forward - you might hit the outershell early on with a hole - but which side of the outershell have you hit? The west side? The east side? North? Or maybe you just didn't drill deep enough and actually drilled the outershell halo over the main ore body without realising it. The hydrothermal clay mapping should go a long way to help them build a better picture of the situation - I think it was a smart move.