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Re: None

Wednesday, 11/11/2020 10:18:28 AM

Wednesday, November 11, 2020 10:18:28 AM

Post# of 216
What is the plan? In addition to permitting, the company is in the process of obtaining funds for the initial CAPEX. Upon arranging required funds, management intends to develop the project in three phases, with a goal to commence production in 2021.

Phase 1 - (under six months) -refurbishment of the mill,installation ofa flotation circuit, and construction of a tailings storage facility.

Phase 2 - process 165,000 tonnes of mineralized stockpile material (eight months) at approximately 700 tpd, while undergoing underground development (five months).

Phase 3 – continue with underground production at the rate of 700 tpd for the first 6.5 years of the project; further ramp-up to 1,000tpd is undetermined at this time.

Also - Thierry Mine acquisition

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