Chart, page-786

I won't repeat myself that you clearly set out to falsely represent the results of MEI; but I will add this.

You just said that at Palm Springs the volume of gold per tonne does not make it stand out in the market.

In fact the opposite is true!

What those rare(as deposits go) long intercepts in wide ore bodies with very little internal dilution means is greater homogeneity which collectively represents large tonnages of gold. eg. From historical results.

BCP036 – 68m @ 2.5g/t Au from 44m = 170 g/t.m.

BCP017 – 50m @ 3.31 g/t Au from 50m =165 g/t.m.

And along strike south of the open pit:

BCRC334 – 73m @ 2.3g/t Au from 169m = 167.9 g/t.m

Which are therefore fantastic numbers by anyone's standards!

Below is the orebody beneath the pit(red line)....To paraphrase Dr. Andrew Tunks, Managing Director of MEI:

'Long runs of intercepts of 30, 40 ,50, 60 metres wide....Amazing high grade numbers in these 50, 120 130 gms(figures in diagram)...big wide orebodies with very low internal dilution which is ideal for open pit mining.'




There is unfinished business at Palm Springs-Butcher's Creek! The only reason the mine was abandoned in the 1990's, including many mines in this period(e.g.Bellevue Gold-BGL) was the low price of gold as the cost to produce an ounce was more than the price of an ounce. Now the POG is 5.5 times more than in the 1990's!, and with the global financial crisis due to Covid-19 predicted to continue to rise in the future-PRESS HERE

The nice thing about the Butcher's Creek deposit is that there is:


1. A great un-mined deposit with a ready made pit open at depth and down dip to the south( plenty of drill targets)

2. Because of little internal dilution you have a low strip ratio which is ideal for open pit mining reducing costs.

3. The geological structures responsible for hosting this type of mineralisation repeat along the strike

4. Long mining licences are already in place

With drilling underway at Butcher's Creek it is an Exciting Time for MEI holders!

AIMO