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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: aknahow who wrote (17031)	7/27/2006 10:04:56 PM
From: aknahow	Read Replies (1) \| Respond to of 78411

"To date, exploration at Canadian Royalties' RSNP has been limited to drilling near surface geophysical signatures and surface showings with an average drill depth of less than 120 metres. To help successfully explore beyond this limit, Canadian Royalties has awarded an initial deep penetrating airborne magnetic and MEGATEM® electromagnetic survey to Fugro Airborne Surveys Corp. for a total of more than 4,000 line-kilometres. This survey will allow the Company to identify targets at depths of up to 250 metres. The survey will be completed as soon as equipment is available." ////////////////////////////////////////////////////////////////////////////// Once they have targets how soon will drilling start?

To: aknahow who wrote (17031)	7/28/2006 7:13:19 AM
From: jpthoma1	Respond to of 78411

What did you think of todays news and volume? I think market was a bit surprized by the news which is about exploration at depth and not about the feasibility study. Some investors are more interested by the development of mining complex up there, not by adding tonnage. I like the fact that the company wants to look deeper. According to some geologists I know, there may be more massive sulphides at depth compare to what has been discovered up to now (mainly net textured sulphides near surface). Any discovery of higher grade massive sulphides will be a boost for the project. JP