AMI aurelia metals limited

Ann: AMI-Peak Exploration Update, page-30

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    The big three mines we have churning out the gold are all open. Chronos (though eventually we reach the surface) the North Pod including Hebe (4 years without the recent additions), Peak. The later two are open in multiple directions and have significant high grade gold intervals plus extras (North Pod 88g/t Au, Peak 16 metres at 71.6g/t Au, 8.5% Pb+Zn, 14g/t Ag & 0.6% Cu and 23 metres at 25.9g/t Au, 33.2% Pb+Zn, 40g/t Ag & 1.8% Cu,) and rich Pb/Zn zones as high as 52% at the North Pod, which is just crazy. Dominion is about defining the Pb/Zn zone already discovered so we can turn the discovery into a mine, and the source of the gold that lay on the surface, then adding these to reserves. Meantime, I like the idea of advancing towards the Peak deeps (though they aren't all that deep) including a mine plan...why wouldn't you when you can see the numbers just released. Pretty soon we could be pumping out 50,000 oz/q with an AISC around $500. That would be a quarterly EBITDA of $65 million.
 
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