Well-funded with limited expenditure outside of exploration...

Well-funded with limited expenditure outside of exploration expenses, Colins financial responsibility has been consistent and is a great asset to MEU. If they maintain this consistency when they operate a mine, I don't foresee cost blowouts being a problem.

In the next 3-6 months:

• Metallurgy is 75% complete, and we should have the results back hopefully by the end of the quarter.
• After Metallurgy, it is PFS.
• Drill results from multiple gold deposits are expected.
• Drilling at our uranium asset.

Although it has taken longer than hoped to get to this point, the next 6 months should be quite exciting.