"Spider Resources (SPQ-V),UC Resources (UC-V) and KWG Resources (KWG-V) have also announced resource estimates for their massive sulphide discoveries to the northeast of Eagle One. At a cutoff grade of 1.5% copper, McFaulds 1 contains an estimated 279,000 tonnes grading 2.13% copper and 0.58% zinc, while McFaulds 3 contains 802,000 tonnes grading 3.75% copper and 1.1% zinc."

http://www.miningmarkets.ca/issues/story.aspx?aid=1000223782&type=Print%20Archives

There's a good chance deep drilling on McFaulds 3 will increase the tonnes.

"Gravimetric surveying was completed late in the program (winter 2006), focusing on the McFauld's #3 occurrence. Excess mass, not explained by the size of the sulphide body that has been drill tested to date, is evident in the gravity survey results, identifying a high specific gravity anomaly that tops out at 600 meters below surface, although more gravity work needs to be completed to close the gravity anomaly. Diamond drilling has only effectively tested this zone to 400 meters depth. Deep drilling has been recommended and is contingent on completion of deep imaging geophysical surveying as required to position drill holes to intercept any conductive targets below or nearby the two main occurrences. Successfully intersecting massive sulphide mineralization below McFauld's #3 would infer a large VMS target and could also explain the excess mass evident in the gravity survey."

So... here's to hoping the New Year brings us some good news. Drill deep Jim.

SRV