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To: John McCarthy who wrote (776)	10/11/2009 6:29:32 PM
From: John McCarthy	Respond to of 1182

GOZ 10/10/2009 1) The updated 43-101 resource estimate has finally been completed. GOZ has the results and they should be released shortly. AMEN - AMEN - AMEN 2) 3Q results will not be the record that we were all hoping for. They did not get to the higher grades in time. The good news though is that September was an exceptional month. This will be reflected in 4Q. 3) Assay results from the underground drilling are continue to come in. Only a few more holes are being waited on and then more results will be issued. Currently there is only one drill active. 4) Work has been completed on expanding the tailings pond, the costs will be reflected in the 3Q. 5) A motor on the ball mill was damaged by a power surge at the plant, this has negatively impacted recoveries as they are now running the mill with fewer balls (the motor can't take the full load). Plans are being made to replace the motor. 6) No work currently being done or planned for the near future on GOZ's other properties. The focus is on Bjorkdal. 7) Work is being done on expanding the open pit. A new zone is being worked on. Initial results look positive. -Alex stockhouse.com CRACKER