62,400 ounce open-pittable resource estimate confirmed by independent audit for Schumacher III Property, one kilometre from Bell Creek Mill. New zone in 1997 discovered 200 metres south of the Ludgate Zone. True width is approximately 20 metres. 2,569,000 ounces of gold confirmed by independent audit for the Hammond Reef 'A' and '41' zones, north of Atikokan. Surface work confirmation that the mineralization between 'A' and '41' zones is continuous, increasing the strike length to over 2.4 kilometres.
All zones remain open along strike and down dip.
Pentland's land position in the Sawbill District now totals 4,023 hectares.