Wardley Report - WOW, page-49

Refer Post #: 45419760. IMO it is in the ann, B. I expect they have "more knowledgeable persons" (as you put it) all ready to go. Just give them some time to settle in and commence the process? (Note emphasis added.)

"Pad preparations are underway for the placement of Ausmex’s first onsite building to be part
of the Mt Freda Mining Office, Engineering and Geological Complex. This is a welcomed
addition for the imminent arrival of Mining Engineers, Environmental Officers, Drill Crews
and Field Crews.

Once the capital costs for the operation are known together with the operational costs, the
Company will be able to complete a full scoping study based on ore/grade from the drilling
data and resource upgrade. After the upgraded resource from the next round of drilling and
category upgraded to measured and indicated and the head grade reserve known, revenue
data can be incorporated into the scoping study. This will quickly move to a Feasibility Study.

One thing Directors can assure shareholders of Ausmex is, that it is the absolute priority to
bring Mt Freda and 3 of the Golden Mile Gold Projects, Comstock, Shamrock and Falcon
Gold Mines into production as soon as possible."