Updates in bold. Still on schedule in my eyes. Lots of potential for advancement!

drill permit received: beginning of May, 2011 - complete

drills mobilized: by end of May, 2011 - complete (my inference from reading yesterday's NR is that at least one rig was all set to go by the end of May)

drilling: June-July-August, 2011 - in progress (again, my inference is based on yesterday's NR. I believe at least one drill was turning on or around June 1)

results sent to lab and analyzed: Aug-Sept, 2011

assay results released: Oct, 2011

bids for Tesoro from interested parties: Nov-Dec, 2011

evaulation of bids and negotiations with interested party: Jan, 2012 - Feb, 2012

sale of Tesoro: March, 2012