Gammon Lake Resources is a public company that is growing rapidly -- now moving into significant gold production while continuing to develop a second major resource to the multimillion-ounce status.
Gammon commences first gold production in the first quarter of 2004. With its Ocampo open-pit partnership with Bolnisi Gold NL, Gammon anticipates realizing revenues from 40,000 to 50,000 ounces of gold production annually – with no capital cost, nor capital cost payback. 
Second, the Company is rapidly expanding a major gold/silver resource at its 100%-owned northeast Ocampo project based on consistent, high-grade drilling results. Gammon is running four drill rigs around-the-clock. Based on this growth, the Company is now targeting a total resource on its 100%-controlled section of Ocampo of 5 million gold-equivalent ounces. Much of this resource expansion will come in 2003.
These two projects work together and contribute strongly to a multi-year strategy for consistent increases in shareholder value.