If they have VG, no question they know what they have but VG is showing up in about 20% of the holes. For the 80%, we are looking for Quartz which in this area has been the host rock for gold. When we hit quartz we are in the right stuff but until assays come in, we do not know without VG. However, the quartz found so far has been a good host for gold. The assumption is that the geological even that caused the gold bearing quartz at the Timmins 1&2etc area is the same that caused the large quartz outcrop at Beland. The fact that we know we have quartz at Beland is very good news without even drilling. However, until assays are in, we do not know for sure that this quartz is mineralized with gold.

From Hoov's point of view, it is more likely to have one large event which would mean all this quartz is from the same source and likely mineralized than having 2 separate small events that created 2 totally different quartz rock, one hosting gold and the other barren. So our golden hope is based on a statistical probability that makes it worth investing in. IF/WHEN those assays from Beland come back mineralized with gold, this stock will be north of $1 very quickly as we will be looking at a 7km strike extention from Timmins1!

G.