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Rick-UK

11/19/10 6:25 AM

#18 RE: MAJORXVII #16

Sorry for the tardy reply MAJORXVII but I've not been watching Cache as closely as perhaps I should have been. The biggest thing in Cache's favour is Professor Lentz who is a top man in his field and is generally very well thought of within the industry. I will be conducting more research on the company in the near future.

Regarding South Princess, yes Cornerstone explored the Louil Hills (Cache Exploration) part of it equally as thoroughly as the Rusty Ridge (KAT Exploration) part. The Rusty Ridge part has geomagnetic, IP and gravity anomolies that appear similar in style and setting to Olympic Dam in Australia and would appear to indicate the potential for an IOCG deposit. Louil Hills does not have that, but what it does have is anomolous levels of rare earth elements found in soil and rock samples, which is why Cache Exploration is interested in it.