Ann: Quarterly Activities Report, page-5

Drilling is expensive, what l was implying is the scope of any drilling program is always limited to costs and geology.

I would imagine that with PKO’s current funds that any future drilling program in the next 6 months would be very limited. However, if (and l have no proof that they are) PKO were in the process of negotiating an uptake of the recent SPP short fall, the next infill or exploratory drilling could be comprehensive.

With results improving, it’s in the companies best interest to demonstrate to the market that they have a mineable resource. This intern will increase the SP and assist with any future CR or SPP.