Ann: Investor Presentation, page-2

This is a great summary of where GSR is now, and where they are going, and why. There is a lot to like.

The deeper levels at BG and ML are particularly interesting, and have been awaiting exploration for a long time. We are now close to knowing more. However, the drill results so far already tell us that GSR has some significant gold at Burbanks, and at Phillips Find.

Better yet - they are now actively mining and producing gold through the initial JV with FMR. I really liked this little nugget of info in the presentation: "Several adjacent mineralised lodes have since been intersected on all three levels which are not currently included within the mine plan, underground diamond drilling underway to better define "

So the GSR/FMR trial mine is looking very successful already. Once they process the high quality ore and we get some production numbers from that, GSR will attract a lot more attention. If the deeper drill results then start to confirm historical data, things will get really exciting.

Cheers

Dave