Sahuayacan Gold project (http://www.PanAmericanGoldFields.com) located in the Sierra Madre gold region of Mexico, 20 kilometers from Gammon Gold's 4.5 million ounce Ocampo Mine. Following the mobilization of its drilling contractor, Major Drilling Inc., on January 11, 2010, 7 holes have been completed, for a total of 470 meters of drilling, and an eighth hole is currently being drilled. In all, 4,000 to 6,000 meters in total are planned for this round, mainly in the Santa Teresa and La Cumbre target areas.