Golden Peaks Resources HUB - AGORACOM

Drilling about to restart at La Fortuna, 1st resource calc being worked on

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Not sure I understand the question entirely; if you read the summary you should have a decent idea, but here is a quick summary at the moment:

 - about 700k ounces appear to be defined at T11 (not yet 43-101 compliant, so this unofficial calc).
 - T11, Amphitheater, G Zone, Geochem and Hill Side all apear to be interlinked; albeit there is more than 1 defined zone in these.
 - potential for that interconnected set of targets appears to be in the 3+ million ounce range
 - company has indicated in press release that they have reason to believe there is a larger target area lying at depth beneath T11; they are currently executing some deep holes and iniitial indications are that they like the visuals on the core. Keep in mind these are sulphides so you will not likley see visible gold; they would simply be seeing sulphidic intersections where they were expecting them and the geology indicates there is good potential for them to be gold hosting.
 - company has necessary cash to continue drilling
 - there have been a number of on-site meetings with multiple majors over the past few months and this includes multiple repeat visits as well. There have a been far more "meetings" than is typical for this group and many have been appropriately timed as follow-ups to the site visits. This is NOT concrete proof, rather just an assessment of what has "changed" recently.

I hope this is of assistance.

Salut,
Leigh McBain

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