Ann: Gem Restored Maiden Resource Estimate , page-2

Very nice addition to the total resource at Phillips Rever.
The results are only from initial near surface drilling with extensions highly probable. More drilling starting this week targeting high priority areas where they are confident in hitting some nice grades.

New Resource adds $75million to insitu resource.

Scoping Study still expected soon! Had expected it by now but I guess naturally has to follow on after announcements of resource estimates from the recent drilling program.

Feasibility Study is underway (which will be based on the original one done several years ago - just more robust with increased resource and confidence levels and recovery of base metals from Trilogy).

Total current insitu "shallow" Resource worth around $2billion at market prices. Current market price for TTR values the Company at under $20m. Considerering this project looks more and more a goer by the day it appears massively undervalued. Mining is going to be at the low cost end. Initial low cost processing of shallow deposits are going to return strong early cash flow.

Confident the Feasibility Study will be highly bankable.

Bought some more (under 7c) over the last couple of days.