Ann: Quarterly Activities and Cashflow Report, page-5

My conceptual guesstimate on tonnage at Goshawk and NW Flank is 4.5 million tonnes, allowing for modest dilution to scoop out the very high grade gold zones at both locations. Applying a head grade of 4 g/t au i get a total of 600,000 ounces of contained gold. All of the systems remain open to add additional ounces.

This does not include Two fingers which currently is at a few drilled holes.

NW Flank remains open down strike / as it goes deeper, this Flank may lead to the source of the surface mineralization. Two fingers is 450 meters away, so we are dealing with the conceptual potential to be sitting atop a very large gold system at depth.

Completed drilling programs have all been very shallow / low cost rotary core. Took out the remaining seller at 3.9. My sense is that the fireworks have not yet started. Good luck to all longs