Goldsands Development Company (GSDC)

[Riverlakes1]

I talked to David Smith today, and he did say they will have to apply for more permits to do full dredging. He also told me they are very happy with the results so far, and new results will be coming soon, with the same type of numbers. He thinks everything is on track and everything is going as planned in the chairman's letter they released in either march or april, I can;t remember which month. He was very happy with everything that is happening with the company and told me he didn't see anything that might come up to stop them from mining gold in the future. I know that is his job, but he had a very bright outlook for the future.