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Rick-UK

12/29/10 12:38 PM

#120140 RE: TinkerBelle #120129

Tinkerbelle, I do not have specific coordinates, but if you were to draw two dots, one above the other, pretty much in the centre of the old Rusty Ridge property then I believe you would not be too far off.

Reemember also that the IOCG anomoly that we drilled in Hole #1 covers only a very tiny proportion of the old RR property and therefore an even tinier proportion of the new, extended property. Both Shaylee as was, the remainder of Rusty and presumably the new area as well are not an IOCG opportunity (as I read it) but rather a more traditional opportunity to explore copper and REE mineralisation within faults laid down quite separately to the deep volcanic activity that caused the geomagnetic anomoly explored by Hole #1.

This is of course a layman's view. Perhaps others with more expertise can correct amy errors and elucidate us further...