As of October 15, 2009

Taunus

• Total diamond drill holes completed: 29 (6,500m drilled to date) - click here to view drill hole location map.
• Hole 09TR028: (completed) - Step-Out - objective is to test the down-dip extension of mineralization in hole 08TR014 (7.8m @ 5.3 g/t gold and 7m @ 9.7 g/t gold), extending the HS Zone to the south. The hole was completed to a depth of 295m.
• Hole 09TR029: (completed) - Step-Out - objective is to test a geophysical anomaly (similar to what is observed in the New Discovery Zone, now called the HS Zone). This hole is a 300-metre step-out located on trend to the north between Bocas and the HS Zone. The hole ws completed down to a depth of 205m.
• Hole 09TR030: (ongoing) - Step-Out - objective is to test the near surface potential of the Bocas zone north of hole 29. The target depth is 250m.
• Hole 09TR031: (ongoing) - Step-Out - objective is to expand the HS Zone to the west. The target depth is 325m.
• Assays pending for hole 27, 28 and 29. Current turn-around time for completing a drill hole and reporting assays is taking 6 to 8 weeks - with ongoing initiatives taking place to improve it.

Trinidad District

• Surface exploration ongoing at El Habal prospect (located 15 km west-northwest of Taunus), which included mapping and sampling in an area that previously reported an RC drill hole interval (40 metres below surface) of 1.3 g/t gold over 261 metres (not NI-43-101 compliant); drill targets are being prioritized.
• Surface exploration on-going in the northern and western portions of the Trinidad property where accessibility is possible during the on-going "wet" season, which includes prospecting, mapping, sampling and trenching in various areas to identify and prioritize drill targets. Drill-testing is planned during the dry season - latter part of Q4 and early 2010.