Tuesday, November 20, 2007

Drake Gold Resources Inc. - Information

Drake Gold Resources has been working towards a set of goals laid out in a number of documents that have been developed over the past year. These include its executive summary and financial compliance formula. We have done this for the express purpose of showing our investors that we are committed to accountability and moving beyond the status quo. All too often companies are reluctant to disclose benchmarks and goals for fear of falling short. We believe that if we share our ambitions we can take credit for our achievements as well as responsibility in tougher times.

Through hard work and tenacity we feel that the accomplishments will be many while the challenges will only be the means by which we attain these successes. Of course the many goals we have set for Drake Gold Resources rest upon the solid fiscal foundation created by management and attested to in the financials, as vetted by CFO Thomas Conar.

In regard to the updating of information Mr. Conar stated, "The process of obtaining the new status on Pink Sheets is a wonderful addition that I think all companies should be required to go through. The combination of legal and financial transparency is woefully lacking in most Pink Sheet companies." As well as, "The timely completion of this could not have been done without the assistance of a member of the prior management. I want to thank Jerry Leslie for his time and effort in providing a seamless and accurate transition from the prior company."