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03/17/11 5:05 PM

#4 RE: Tackler #3

Looks like the company spent last year raising funds but wasnt able to execute on any drill plans. The Matthews property is mentioned twice...

2010-03-15 20:06 ET - News Release

"Subject to adequate funding, the company also intends to conduct a diamond drilling program later in the year on its Matthews lease, about 1.5 miles from the patented claims of the Lovitt gold mine."

2010-11-08 11:50 ET - News Release

"Phase three, if finances permit, will consist of 3,000 metres of drilling on the Matthews property, 1.2 miles to the south of the Lovitt gold mine where diamond drill hole MAT-8 intersected 57.9 metres of 2.34 grams per tonne of which 15.3 metres graded 8.95 g/t of gold and 443 g/t of silver, at an initial depth of 610 metres."