Mr H, Dynacor has many adits going into the side of the valley. These can be seen from google earth images, or old photos that Dynacor used to display on their site. Its from these adits/shafts, that most of these samples were taken that had followed the veins/leads into the side of the valley. Its quite hard to do a resource estimate without any underground workings and I don,t believe it is done very often. One exception might be if there are wide spread zones of auriferous alteration that are connected to faults and/or the country rock. Then a resource could be estimated by comparisons of the same rock/alteration from close by underground workings, but nothing concrete. In our case, we have surface samples plus underground samples, so a resource could be estimated from this, and has been for the C-1 vein only. With matching up grades of host rock from all the drilling, we can link that info to our trenching, which will give you a 3D estimate rather than a 2D.

Its good to see you found the Dynacor report, because there is much good comparible info in it. Remember, the geology in that report, the gold grades and the mineralized shear zones, are all attributes of the Tesoro as well. Whats the most important in another of Dynacors early reports, is where they tested the shear zones/country rock and had economical grades from them at todays POG. Mrs C had found the report that states this and I had lost it, but remember its content well. Maybe she may oblige us, and dig it up again? Anyways, you have to understand that Dynacor is in the valley at an approx elevation of 800m and we are sitting on a plateau above their veins and to the south a bit, at ~2100m. So, you have the Acari river, over time carved a 1300 m valley through the area, exposing the same vein system that the Tesoro has, ONLY giving us a picture of what to expect, when we get to the 1300m depth with drills. In other words, we know the veins run down to 1300m deep, because of the proof from the Dynacor report. ALSO, we know to expect gold mineralization in the shear zones at the 1300m depth because of this. So, if we apply this to our depths, then all the amazing surface samples of veins and gold mineralized alterations, have to run depth. To take this a step further, this is a mesothermal system in which veins can run 5-10 km verticle,and in these types of systems, it is a very common thing for gold grades to increase at depth. Also, the mineralized diorite/host rock, where gold mineralized, will also run to depth .

I don,t agree with this statement of yours;

"The difference between Dynacor and St. Elias is that Dynacor is producing whereas St. Elias intends to sell the property, which means St. Elias must prove up a resource if they hope to sell, whereas Dynacor doesn't need to."

The very scenario of Extorre that I put on this forum the other day had Extorre with NO proven gold, only an estimate, and they have an offer. We don,t need to prove up a resource in order to sell or get an offer these days. We have enough work done now to recieve an offer we are only missing the most crucial info from Lori to put this all together and estimate a resource. In our case, and because of the Dynacor info and our own, we could very quickly estimate a resource alone on the trenching, where across the alterations.I should also point out that the high tech of Quantec these days can give you pretty accurate estimates of resources from their images once correlated with all known data.

IMO