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Tuesday, 09/10/2024 8:16:53 AM

Tuesday, September 10, 2024 8:16:53 AM

Post# of 129515
Jared emailed me back regarding my questions about shipping the ore from Fran to Bishop!

Marcus,
Your concerns are not being overlooked. You seem to be accounting for everything. Yes shipping to the Bishop mill is the best option financially. Being in the shipping and logistics industry yourself, you understand the cost of fuel, drivers pay, insurances etc. But from the mining position, yes, shipping ore from the Fran project to our mill in Bishop would be most suitable at this time. We already have the mill in Bishop so trying to get a deal on another mill would be more money out of pocket. Not to mention shipping the ore out for assay tests is an added expense. We are planning to build our own on site assay lab at the Bishop mill location so we can have assays done quicker and it'll be an all around more financially fit and viable plan for us to ship the ore to where it can be milled and sent through assay all in one location. As time progresses and production ramps up at our various projects we may look into acquiring another mill closer to other locations. But, as of now shipping ore from the Fran project to Bishop is indeed the best option. You are a shareholder we value you as such. Think of shipping the ore kind of like dollar cost averaging. You have to spend money to make money and right now this is the cheapest way to spend the money and maximize profits. Please do not hesitate to reach out, you seem to be a very well rounded and knowledgeable shareholder with great insight.
Thank you again for being a shareholder, things are moving quickly and will be ramping up fast in the near future so stay vigilant because there are big things coming.
We have the resources, we have a plan in motion and most importantly, we have the gold.

All the best,
Jared Lazerson
CEO
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