Ann: Brazil Exploration Update, page-50

I agree the Gold SS and the staged production needs to be fast tracked asap, it will help propel the share price higher with a current hot gold price and get a cash flow happening, to help finance Brazil exploration and further gold drilling to increase gold reserves. Production can be fast tracked with a low CAPEX being Heap Leach operation and by hiring ore processing equi pment. The staged production operation can start at a modest production rate at 10,000ozs and ramped up to 50,000ozs as cash reserves are built up. Even at a small production rate of 10,000ozs it will provide a substantial cash flow to finance exploration. A current mining lease has already been approved, as such mining can start straight away.I am not discounting the Brazil prospects, it could also be massive, it could still be run in conjunction with the development of the staged gold operation.