April 8, 2008
Reported that a total of twenty eight reverse circulation drill holes were completed that tested four target areas and included sections below the contact with overlying andesitic volcanic layer. The best result,
from the Coronela-showings area, was 3.1 meters of 2.3 g/t gold. A number of holes returned broad
sections of low gold grades, but only three of the holes returned +1 g/t results. The company considers
these results below its current threshold to move the project to a more advanced stage of testing at this
time. There is scope for more work at Daniel, including initial drill testing of mineralized zones and
targeting programs over the northern extension of the system that was staked by the company in late
2007, and the concessions will be maintained in good standing for possible future programs or joint
venture.