Ann: Opportunity for significant near-term production increase, page-6

Hi Jonnyash

They are funny numbers.

10,000t over 1/4 = 111t/day. (10,000 ÷ 90 days)
The stockpile is supposed to be 4g/t (we are waiting for that announcement) ... transporting 1000t/day is more likely but lets be conservative and say CAI transports 600t/day of 4g/t ore to the mill.

The mill processes 300t/hour.
22 hours @ 0.85g/t = 170 ozs/day (22 x 300 x .85 ÷ 33)
2 hours @ 4g/t = 72.5 ozs/day (2 x 300 x 4 ÷ 33)
= 242.5 ozs per day production
= 88,500 ozs per year production.
The additional high grade blended into the feed supplies an extra 26,400 ozs of gold. CAI's share of that is 15,850 ozs (60%) which at current spot prices adds $46,750,000 straight to the bottom line.