IIE:CA V.IIE

Results/Exploration Plan

[sara7]

The sample results were as the company expected imo. I like their approach to further the project as it is the most cost effective way do narrow down the targets that should be drilled first. The pitting and augering is much cheaper than drilling which will allow them to sample a greater number of potential targets. Given that Cr Diopside and other promising indicators have been discovered in the immediate area, the cheaper pitting/augering exploration approach should provide them with the ability to make a decision pertaining to "drill or move on" to the next target. Their approach here is very thrifty and will allow greater flexibility with the share holders cash.(they can cover more ground/dollar spent)

I know some will find this approach disappointing( and slow) but it should increase the chances of success without unnecessary dilution. Drilling is expensive.......work smarter and give the share holder value and earn their trust.

GLTA@have a GR8 day