Ann: Quarterly Activities Report, page-157

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The approach is that Ffx is an explorer close to mining and producing that has a tailings inventory at a low grade to provide profitable cash flow until the mining at the satellite pits commences. These would enable the processed ore to be increased at a higher grade which would overcome the increased mining costs and processing costs. This will in turn maintain the project until further exploration and mining is commenced in the major pit. This is the key aspect of exploration - initially upgrade the satellite pits and once delineated progress to the main pit and other potential discoveries.