Please see the attached file for Jay Taylors thoughts on Maudores most recent drilling results.

Below is an extract: The current 524,000 ounces is derived from a relatively small area that measures 400 meters along strike and only 200 meters deep.

We have known that the potential for depth extension is excellent on this property, as is the case with most other gold deposits located in the Abitibi Greenstone Belt.

But the big news now emerging from Maudore is that additional exploration work is suggesting that the potential to expand the deposit laterally is very great.

And if you take both lateral and vertical potential into account, you begin to realize the numbers here could get very, very big. Let�s consider the vertical potential first.

In the 400-meter-long by 200-meter-deep space in which the company�s current 524,000 ounces have been outlined, several deeper drill holes have revealed the extension of gold mineralization at depth.

The deepest hole to date extended to 865 meters and intersected 2.46 oz.

per ton.

If the current average grade of approximately 0.65 oz.

per ton is extended to a depth of 865 meters over a lateral extension of just 400 meters over the same width, we could be looking at over 2.5 million or 2.6 million ounces of gold. Now let�s consider the lateral potential.

Based on continued drilling, the lateral extent along strike appears to be approximately 2 kilometers or 5 times the 400-meter-long section from which the existing 43-101 resource has been calculated.

Putting your elementary mathematics to work, if grades are continuous to a depth 865 meters over the same widths and if those values extend over 2 kilometers rather than the 400 meters from which a current resource is calculated, we could be looking at upward to 12.5 million ounces of high-grade gold material to relatively shallow depths. Now please understand we are making no assertions that Maudore�s Comtois Property contains 12.5 million ounces of high-grade material. But neither are we suggesting it does not have that much value.

What we are saying is that the latest drill results, which are pictured in the following chart, increase the odds that a very large, high-grade, near-surface gold deposit is in the making. Douglas Hickey Investor Relations Maudore Minerals Ltd 604-808-4983