CHAT WITH IRAssays still pending..a couple of weeks tops. All the labs are swamped with the amount of drill cores to test, it has been a very busy drilling season to date all around the Val`dor region. Loads of money in the till to quickly commence the next phase of exploration. Data is being compiled from the down hole geo physics and will be combined with the drill assays to further dilineate the resource in the ground and pick the best targets for phase III. Red Ore is a little behind schedule but should be closed up by end of month. Lots of optimism currently, summer doldrums will pass. Seasonal strength for gold is right around the corner, management is planning on having phase III results ready for the end of the summer to coincide with what is anticipated to be a very good fall rally for gold in general. Still adding here, targets have been hit with phase II-----I think the odds are favourable that we will continue to expand on our deposit.