map of current santacruz explration program, page-5

Hi

After seeing the excellent map from John345, I had a quick look at Google maps. If you go there and paste in the coordinates -

-47.956824,-70.008488

- you will be looking right at where they took most of the rock chips at the Sierra Morena site as mentioned in the last Quarterly Report. I could match the map to the picture in the report. If you scroll around and zoom in and out a bit you can see some of the other mines from other operators and get a sense of where De Grey's operating.

For me the most striking feature aspects is that mainly you are looking at nothing much apart from a few roads etc. This is open country with plenty to explore. I went hiking throughout Argentina a few years ago, particularly Patagonia and not too far from this area. You don't have to go too far from the towns to feel like you are in frontier country. I can appreciate why there would be a lot of gold and silver still waiting to be found and unearthed. It is a good time to get into this area. While just my opinion, I reckon this company has positioned itself very well with its Argentinian holdings. The multiple sites avoids "eggs in one basket" and allows us all a potential blue-sky opportunity with manageable risks.

Hopefully the exploration can unfold at an appropriate pace and with luck bring some early positive news.

Elisby1