Hi Jacki,

those last results were good, very good even but expected as they were infill drilling. Our resource is looking more and more like an economical ore body. However, until we get a 3D model put out with a PEA, it is hard to know if those ounces can be mined economically. However, consider that the average grade being mined today by the top 20 mining companies is around 1.7g/t and it is obvious that we seem to be in a good spot grade wise.

With the company even getting their minimum objective of 500k ounces at the average price of $60 per ounce we are already price correctly with no upside for more ounces or separate discoveries at Champagne or Beland. I also believe that the 500k resource will come in higher and has very good potential to be expanded with further drilling.

The gold market now though is still recovering from a heavy push down so many are still risk averse. It looks like Greece will be settled for a while and markets will have a chance to go up again.

Patience is key here but we have many drivers for our share price moving higher!

Glorieux