There's a line in the press release that says " Each of the final four drill holes of the Phase One Milestone program intercepted broad intervals of low grade gold mineralization within the Pag shear zone.". We've already vented our frustration at the lack of numbers but I assume that's the basis for claiming a 2500 m strike length. It's difficult to read the numbers on such a poor quality map in the press release but it appears that the proposed wells do not include anything further west of hole 15 even though they say it cut a potential high grade shoot. They have about 1000 m to get to the west boundary of the existing claim map so I suspect they are negotiating a land deal if it's already staked. I don't see a good comparison with the Osisko Malartic yet as the results they report from their first nine holes have much better lengths and about double the grades:

http://www.osisko.com/en/press/2005/05/04/55/osisko-releases-new-drilling-results-from-malartic-quebec.html

I haven't checked the strike length they ended up with but a lot of their intercepts start near surface. Kodiak compares Milestone with the Hammond Reef and Fort Knox projects, both of which have grades less than 1 g/t but estimated reserves of 1/4 billion tonnes. If I take a generous volume for Milestone of 2500m length X 25m width x 250 m depth x 2.7 tonnes/m3 I get about 42 million tonnes or 1/6 of the reserves for the geological models used by Kodiak. Using an average grade of 0.7 g/t gives about 1 million oz gold. These are just ballpark estimates to give a rough idea of what we might have so if anyone else has some numbers I'd like to see them as a check. Clearly the market doesn't think we have anything exciting yet