I think this news must be what was known to insiders a month ago when the volume and price spiked (August 10th TYE went from 3 cents to 9 cents on trade of over 14 million shares - a 3-fold gain on 20 times the normal volume). Since there was no news release at the time, we could only speculate as to the cause of such activity.

The really good news is that drilling will commence soon on this very promising looking gold/silver target in the Tintina Gold Belt. "The current field program is designed to give better definition to these targets and to identify additional drill targets for immediate follow up."