Timmins & Beardmore - Northern Ontario

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Message: Re: Big Volume Day... Red
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Dec 30, 2008 09:05AM

Tibber: Hope you are right.

Key KXL release will be 1km hole HR08-297. Really like how KXL included facts about this hole in first couple of paragraphs of latest Dec. 3 release, the didn't try to bury it at the end. Also really like description of "quartz plus sulphide veining, quartz-carbonate stockwork and sheared gabbro over an 8m interval" and that wedging off this hole already planned. Would they announce this now if HR08-297 was a dud? No idea but somethign they didn't have to include at this stage if not confident of success. Also really like KXL referenced drill hole HR08-192 (i.e. 75.3 grams g/t Au over 0.4 m at 231 m) in same paragraph. A similar intercept at depth over 4-5m would likely change things for KXL very quickly (and, therefore, SGX).

Remember this hole had been completed as of Dec. 3rd. Was not an 'in progress' hole. Hole was completed and visually inspected as of this release. Therefore, results from this hole could very well be released soon. Also remember, they are drilling additional 1km+ holes as we speak.

Very positive IMO. But only time will tell. Let's hope. But, again, I do like those chances.

red911



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