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themtharhills

10/29/16 6:24 PM

#1180 RE: themtharhills #1179

To follow up on the post by chrysus, there was an interesting thing that happened on the mine tour after the S/H meeting.

One of the reasons many shareholders believe in Dun Glen is because of the presence of Ted SImplot; he has funded much of the mining work there (he and Strack seemed very close) and has stated he thinks there is gold there. (In fact, the Simplot family has a huge agribusiness which includes mining activities and Simplot owns a large claim just uphill of Dun Glen. They have done extensive exploring around that hill).

Dana Low and Strack also appear to be very close; Low is the head of Dun Glen Mining and Strack is his contractor.

At the S/H meeting Low said that if Dun Glen didn't find gold over the next month or so, he would recommend they stop working it and he would leave, while Strack said he was moving ahead to consolidate local mines into his RMI company and (I think) another company. (Maybe Tangent company?) Then he said he would want to work a deal with URHG, and that he was making good progress in his plans.

The touring shareholders climbed onto the wash plant with Strack. Low was there, as was Simplot and a couple of the miners working the plant. The plant had been run the previous day and the material sitting on the wash plant was from the previous day's run. (So it seemed that Low was already aware of what the material looked like). Strack and the miners had placed some rods on the material as pointers to help the shareholders see some of the gold that was evident. One miner said, based on his experience, that this was "impressive" to be able to see some gold because it is usually underneath the other material. They said they left it just as it was run. The geologists took a look and the consensus seems to be that it wasn't "salted" but was really the result of the run. Ted Simplot also climbed up and looked at the rods and material.

Strack was standing on a platform on the wash plant and pulled out his phone, it looked like he was taking a call. He then held the phone in the air announced in a loud voice to everyone that the Lunker mine had just called and confirmed the deal to join in Strack's consolidation of local mines deal. That seemed a little coincidental, but with Dana Low and Ted Simplot there on the tour, and apparently gold in the wash plant, it sounded pretty good. If true, it means URHG can benefit if either or if both the Dun Glen project and a deal between RMI and URHG are successful.