Ann: Edie Creek Mine Operations Update, page-26

"It seems we need to be milling a higher grade of ore (more than 2.25g/t) to make this project profitable! And/or get those milling rates up significantly more."

Do we potentially have it as suggested in the latest announcement?

• "A 0.5t sample from the splay vein at Alpha West (4 metres from the main Edie Lode) produced 2.3 g Au for a grade of 4.6g/t. "

Yes we do. That 4.6g/t rate is double the break-even rate on the most recent tonnage.

And prior to all the mill refurbishment we were putting through ore that was 10g/t. This is not open pit gold mining. These guys are gouging into veins in an area that has had bonanza type rates found and mined.

But we need the process running consistently at the tonnages stated or better. And we need to be mining grades above 2 or 3 g/t.