Ann: Saki Final Trench Sampling Results Including 1m @128g/t Au, page-115

I forgot to add the following important information:

1. At the TGM ML104, the Gold mineralisation occurs over a vertical interval of 275m. At the moment the „maiden“ resource at Saki has only been measured up to 120m. Therefore, I am expecting at least another 50,000 to 100,000 ozs from this zone alone.

2. For a „proven“ resource, the „in the ground“ Gold value would be ca. A$200 per ounce. FYI, „in the ground“ is the value to FNT after costs.

3. As FNT pointed out, there are 4 zones at Saki that have already demonstrated Gold mineralisation that have yet to be drilled. I am assuming that each of these zones will contain at least 100,000 ozs each (at a vertical depth of 275m)

4. As the name implies a „maiden“ resource is an initial indication.


Based on all of the above, but more importantly, what FNT have clearly stated about the overall potential of the entire Saki resource, I am now even more convinced that Saki will contain at least 500,000 ozs of Gold.

Cheers.