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Tackler

04/07/08 10:30 AM

#2174 RE: Rocketred #2169

Does RAY even have an exploration permit yet?

Raytec president, Brian Thurston, states: "We are very pleased with the information obtained about the property to date, and will continue with the process of collecting and reviewing all available data from and around the KP441 area. Our goal is to use this existing data to evaluate the property and expedite exploration activities which will include a current 43-101 report for the property. Near future work programs include a seismic survey(s) followed by a drilling campaign once we receive our exploration permit."