This is all I could find on the ECU-Golden Tag Resources joint Venture on San Diego in the SEDARS. It looks quite straight forward. I guess GOG has by now expended the $1.5 mln and therefore has built up a 50% interest in San Diego. Nothing about production expenses.

Please let me know if I missed something.

DCFM

"Montreal, Quebec, November 2, 2005

Golden Tag Resources Ltd. (TSX-V”GOG”) (“Golden Tag”) announces that it has entered into an

option agreement with ECU Silver Mining Inc.. (TSX-V:“ECU”) (“ECU”), whereby Golden Tag

can earn a 50% interest in the

by

expending a total of US$1.5 million on exploration expenses in increments of US$500,000 per

year over three years. "