Thanks to Scott, Larry, Sam, Brad etc for their excellent trip reports.

While we were on tour with the good folks of GNH, another gold exploration company, Gold Bulliion Development Corp. (GBB) announced results of their recend drilling program.

I raise this information only to give readers a comparisson of the GNH SP to that of a similar company and to show how undervalued GNH is at this point.

By way of background, GBB is exploring an area 5 km south of Rouyn-Noranda along the Cadillac trend....same gold belt as Century Mining in Val D'or.

First let me point out that the GBB reported results are not compliant with the NI 43-101 standard.

GBB reported grades of gold mineralization such as 1.38, 1.46, 1.62, 1.02, .54, 2.2, .72, 1.27, .56 etc (all in grams per tonne). Compare this to the GNH grade at a minimum average of 3 grams per tonne.

Like GNH, GBB has also done a (30,000 tonne) surface bulk sample but the soil gas hydrocarbon method was not employed at GBB. Both deposits have historical drilling results.

In its recent news release GBB is boasting of " a potential resource of 2.4-2.6 million ounces". By comparison, GNH estimates that there are 3 million ounces in its T1 and T2 zones alone. This does not include the other 8 parallel zones that are identified or the other more distant deposits such as Lavals Mountain or FSG.

The point of all this is to say that the SP of GBB closed on Friday at $.38 on this news while GNH was trading at $.195.

Jim Tilsely believes that the GNH deposits in Bellechasse are the largest gold deposits he has seen in his 40 year career...possibly the largest deposit of gold on the planet. He is so excited about the deposit that he has come out of retirement to run the exploration program.

It is easy to see why Hoov et al are more excited about GNH following this tour of the property.

SN