Good evening folks,

I have had several conversations with Stan F. from Cypress today. Here is the scoop. The Rig will be completing the daughter hole they are presently drilling. They are at 2636m. They have determined that a vault definetly exists. Both geos from Gold Corp and Cypress have decided to move the drill to Gold Corp's Mcenzie Island. They feel that they can better position the drill to hit the target with less complications.

We must all realize that things are very preliminary in this exploration project. Also let us realize that none of the holes drilled to date have been a waste of time. Every drill makes Cypress understand where to drill next. The gold is there, its only a matter of time before they find it.