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sumisu

12/30/09 7:51 PM

#165 RE: EnergyGuy62 #164

You're correct; here is what is indicated on their web page:

Summary of National Instrument ("NI") 43-101 Mineral Resource Estimate (using a DTWR cut-off grade of 18%)

Zone Tonnes
Billions %Fe
Head DTWR
% %
SiO2 %Fe
DTC
Indicated 4.29 29.08 27.26 3.53 68.00
Inferred 1.97 29.24 26.55 3.51 68.12



"http://www.adrianaresources.com/s/LacOtelnuk.asp

That post had me quite upset with the shocking news of "ArcelorMittal ("Arcelor") terminating the memorandum of understanding with the Company relating to Arcelor's participation in Adriana's iron ore port facility development project located in Sepetiba Bay, approximately 70 kilometers west of Rio de Janeiro in the State of Rio de Janeiro, Brazil."

I was more interested in investing with Adriana in one of the BRIC countries and Arcelor seemed to be an exceptional way to achieve that end.

I will try to call someone in IR tomorrow and maybe they can issue a correction to help our cause.

sumi