400,000 Tonnes at a Head grade g/t Au 1.61 equals 644,000g or approximately 20,707 oz at $3,701.00 average is $76,636,607.00
20,707 ounces cost of mining milling etc $2,300.00 Per ounce approximation/ to be confirmed equals $47,626,100.00
Surplus/ Free cash $29,010,507.00 to Joint Venture. Having processed 157,000t we are approx 39% complete.
$29,010,507.00 50%/50% BML/Auric $14,505,253.50 Each.Fully Received by Qtr 2 2025 all going to plan.
Ann: Total Gold Sales of $23.5M from Jeffreys Find Campaign, page-74
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