Ann: Drilling and Project Update at Gorno, page-6

On the positive note in the quarterly there is a theme that is not sitting with the management team.
Our JV partner and major shareholder have had enough of drilling more MRE until the DFS completed and ML
granted. First time ever!!!
By first quarter end the DFS and ML should be very close. Then they won't be able to drill till they have progressed mine construction.
They are raising for a steam report that shareholders can't see like the dfs on Gorno done prior that's still not released
that requires more drilling. Then steam will say they need to drill to make jorc compliant please give more funds and we sill can't see the report.

Then the major shareholders and Jv partner will step in and they want to be paid out incentive options if they
get terminated. Writing on the wall if by end of March DFS not released for Gorno or ML granted.

Arhh the steam report