Here is what I think is going on in respect to our contract of McElhanney (McE).

These guys came into our picture as early as late last summer. They are a distinguished firm and do resource estimates for miners. By having a distinguished firm to present a resource estimate to the industry, it is more likely to be accepted.

More or less, McElhanney has been doing what we have been doing on this board in regards to our calculations and correlations of gold to the Titan. The data collected on the Tesorro to date, is considerable, and there is enough data to start experimenting with some hypothesis of gold ounces contained there. When you have a direct correlation between the colors of the Quantec and the average gold grade of that area, you can make a reasonable assumption. By looking at surface samples and colors of the Titan in certain areas, you can better place the drill for the targets below to get a more accurate picture of the overall grade of these smaller anomalies AND the large one. This becomes important because it will give you an expected highest grade that can be averaged on a block model to figure the extent of the mineralization and grade. The Kriging method fills in a lot of blanks on a well educated guess basis and helps cut down on the amount of holes needed to prove up a resource. IMO, an excellent move by management.

I am under the impression that ALL new data is being sent to McE as soon as its received. Nevertheless, this info is material and should be reported to the shareholders, especially if the results are extraordiary. I don,t beleive that the info could come straight from the lab to McE without going to Lori first, but I could be wrong. Lori does have regulatory obligations to meet, but some may be waived in certain circumstances as anyone can see in the "Timely Disclosure Policy".

IMO