Ann: Positive Urucum Underground Pre-Feasibility Study, page-13

Nice hints about news flow too. Quarterly expected in the next few weeks, resource/reserve statement (can we expect any surprises?) "shortly" , followed by LOM plan based on optimization - don't be surprised if once we hit 2016's guidance they throw out a 180-200k ounce target for next year - based on similar material movement as this years lower target. That gets us through to probably mid year. Then if we hit an even half way decent Q2 for the peak of the rainy season and POG starts its seasonality uptrend (bull run or not) and the duck in Q3.... All I can say is exciting times.