We are still waiting for the results from a small 3 hole drill program we

finished a couple of months ago. This was a grassroots drill program so

we really do not know what to expect.

We are currently planning an extensive summer program on our flagship

project, South Eureka. We are looking at a summer/fall drill program.

We have ~13 million dollars in the bank, so we are well funded.

Please do not hesitate to call me if you'd like some more information.

Thanks for your patience.

Gareth Thomas

Corporate Development

Tel: (604) 682-8789

Fax: (604) 688-9727

gthomas@staccatogold.com