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Re: Sexton O Blake post# 11225

Monday, 10/18/2004 1:39:36 PM

Monday, October 18, 2004 1:39:36 PM

Post# of 19037
Highlights of the AQI Scoping Study include:

- In the Indicated resource category, gold ounces increased by 276% to
602,540 ounces and silver ounces increased by over 300% to 5.6 million
ounces
- Average annual production in the initial four years of the operation
at 97,000 ounces of gold and 580,000 ounces of silver.
- Current project mine life of 7 years
- Average cash costs of US $191 per ounce
- Capital costs of US $43.5 million
- Project internal rate of return of 20% (base case)

http://www.newswire.ca/en/releases/archive/October2004/18/c1450.html


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