Solidus Communications Inc (SLDC)

[Old Geologist]

Cat just a few points of clarification so people don't get a distorted idea of time frames.

The drill hole locations would have been on their Notice of Intent that was submitted to the BLM. They would have needed to locate the holes and access to the holes. If they do drill my guess is that it would be reverse circulation drilling as it is less expensive and faster. A modest drill program will take 5-8 weeks. Currently labs are backed up and results are coming in roughly 1 month after samples hit the lab. For a 10 hole program with 700 foot holes you are looking at about $350k which would include all costs.

At best if they started tomorrow they would be 10 weeks out from having results to press release. Also it should be noted that the site is not remote. It is a very easy and short drive from Lone Pine. Logistics are not a problem.