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Re: None

Friday, 02/24/2012 12:57:24 PM

Friday, February 24, 2012 12:57:24 PM

Post# of 51
San Diego Joint Venture Project:

Easily accessible and with nearby infrastructure in place, the property is only 20 minutes on a gravel road from a major 4 lane highway. A NI-43-101 Resource Estimate completed in January, 2009 resulted in an INDICATED RESOURCE of 4,250,000 ounces of silver equivalent and an INFERRED RESOURCE of 214,300,000 ounces silver equivalent. A Phase 5 drilling program was completed in October, 2011 and an updated NI-43-101 Resource Estimate is contemplated for completion in April, 2012. The project is a joint venture with Golden Tag and Golden Minerals Company, each owning a 50% interest