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Message: Bullish NR

Tuesday NR was imo very bullish, somewhat a step away from the normally conservative CEO. Establishing a 100 km grid covering 850 hectars and a strike length of 5 km seem like a big step to take when in other situations he might do a trial grid on the fold nose, cover it with IP and drill some holes to establish geology and mineralized rock. Following this info gathering exercise a larger grid would be established. Don't get me wrong, I am not complaining re the agressive move but have to wonder how much info he had other then the AEM survey and the geological / geophysical info from the BLH, if any.

Statement in the NR like; "Typically fold noses are viewed as ideal sites for mineralized events. and; At least 5 other priority anomalies on the north and south limbs of the fold... will also be covered" provide some welcomed coverage on his thoughts. I am not sure of the location of these 5 AEM anomalies but assume the extensive AEM's from the medasediments immediately above the 'country rock' will be covered as well as ones to the NW, near the 4 that frame the fold nose, and the most easterly one.

Overall an agressive approach and one that will have my attention until the drill talks about the Fold Nose and the large AEM's just above the country rock one of which is partially within Borden Lake.

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