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Destinator

05/05/12 3:36 PM

#6946 RE: steven820 #6944

Excellent info steven820.

douginil

05/05/12 8:01 PM

#6947 RE: steven820 #6944

Thanks for digging this out. Knowing that only 3% of the NI 43-101 gold was from historic data puts the results of the current drilling into perspective. Provides encouragement about the next two.

douginil

chippinfool

05/05/12 8:59 PM

#6948 RE: steven820 #6944

Excellent info steven 820. I felt that the total from historical drilling was low but had not tracked it down yet. Though it was on my list to do, I would have never stuck my nose into the NI like you did. Kudos for that. We learned earlier that it is the infill drilling or closely spaced holes that lend themselves to the calculation of a resource for NI reports. I believe very,very little,if any, of that type of drilling was ever done,historically, on this property. Will know more in that regard soon.

Thanks again for your DD and being a part of the reason any EXS investor, or potential investor, would want to make this board a part of their personal DD IMHO.


Chip

Tomberry

05/06/12 12:16 PM

#6949 RE: steven820 #6944

I wonder why past results at the same property where much lower? Were they not drilling as deep or just in different part of the property?

STR8Shooter2012

05/06/12 7:20 PM

#6953 RE: steven820 #6944

"The Gemcom database for this estimate was constructed from 199 surface drill-holes, of which
106 were utilized in the resource calculation. All remaining data were not in the area that was
modelled for the resource estimate. The drill-hole metadata are listed in Table 18, and a drillhole
plan map is shown in Figure 10."

From PAGE 57 OF THE 43-101

EXSFF remains a terrific opportunity at current levela, IMHO.