Agoracom

Dear Shareholder:

The following response has been provided by GCR management:

"Results are unquestionably backed up at the lab. We continue to wait for results. It is true that the shallower drilling results should come in sooner than the deeper drilling. Some of the shallower drilling has been conducted on the Langmuir discovery zone to determine continuity and near surface potential. As well, we are still awaiting results from drilling done on other VTEM target areas outside the discovery zone during the winter."

Sincerely,

AGORACOM