Most of you have no doubt heard that (Cyp) Cypress and (Syh) Skyharbour announced late yesterday that they have indeed now seen " visible gold " in the first daughter hole drilled. You can read the update on their websites, so I will not bother you with too many details.

A few details I feel, need to be noted. The mother hole was drilled to over 2700 meters depth and although it may not have yielded any significant amount of minerals, it did indeed demonstrate the geology from down the hole, and gave the crew a better understanding of what may lay below. We must all realize that, although each step taken may seem like nothing to some shareholders, it is actually the only method or way to unlock any secrets, that maybe lie beneath the surface. Please note that from all I have read, no actual exploration of any significance ever been done on the Broulan Reef property before CYP / Sigh's acquiring of it.

So.. with all the work to date, along with all the problems encountered, we have just simply, furthered our knowledge of the types of rock, and any minerals that can be found.

Steps taken so far have now given us further reason to believe that more significant minerals maybe found in the future but much more work will be needed to be done, in order to prove our suspicions.

If Cyp / Syh are successful, I believe we should also anticipate the share price rising significantly.

We may note as well, that with us knowing the GOLD EAGLE STORY, we should now be far better equipped to deal with any further advances made by others into our new future.

The discovery of visible gold has given many of us a sense that we are headed in the right direction, but let me add a little caution here. I don't want to cool your thoughts, but not all of the more than 30 true meters of the actual intersection may or will in my opinion, contain gold.

As to the "quality and quantity" of gold , we will have to wait for the assays to come back, but in the meantime, I expect all of you to consider that we are still in VERY EARLY STAGES.

This definitely has the potential, going forward, to grow far beyond, what we may be presently considering, or picture in our minds.

After being with many of these firms in the Red Lake / Balmertown for approximately 6 years, hopefully you all will join me in the learning curve laying before us ..

RED LAKE , CANADA, IS HOME TO SOME OF THE "RICHEST HIGH GRADE GOLD ORE IN THE WORLD "