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rbtree

04/26/17 8:20 PM

#15656 RE: T-Hawk #15609

Incorrect
As I understand it, since that Guide 7 report doesn't exist, Mexus can't claim it is a producing mine until it has recovered sufficient amounts of gold and can establish a baseline or results (e.g. grams per ton, ounces poured etc).

They would need to drill out the property, complete assays, and produce a full feasibility study, in order to achieve proven reserves.