Page 39 Page 38 Mill are locate d at the eastern end of SAS’ land package. The Holt-Hol - loway property package includes an irregularly shaped, east-west elon - gated assemblage of claims, patents, and mining leases that more or less straddle Ontario Provincial Highway 101 for about 52 km beginning east of Matheson in Michaud and Mc - Cool T ownships and extending into Stoughton and Marriott T ownships at the Quebec border . The Holt and Holloway mines are lo - cated approximately 45 km northeast of Kirkland Lake and 52 km east of Cont’d from pg. 36 Matheson, Ontario. The Holt-Hol - loway land package comprises 48 separate property elements totalling 691 claims distributed as 257 mineral claims, 176 leased claims and 258 patented claims. The aggregate area is 15,172 ha (approximately 37,000 acres). All of the properties are in good standing. The Holloway Mine is situate d on the north side of Ontario Provincial High - way 101 East, with the Holt Mine and Mill located approximately 1.5 km away on the south side of the High - way . The Hislop Property , consisting of approximately 24 leased or patented claims in Hislop and Guibord T own - ships totalling approximate ly 571 hectares, is located approximately 85 km by road east of T immins and 50 km by road west of the Holt Mill and is accessible from Highway 101 using paved secondary roads. The Holt Mill was constructed in 1988, originally designed for a throughput of 1,360 tpd. Expan - sions in 1988 and 2001 increased the throughput to 2,500 tpd and 3,000 tpd respectively . Surface ore storage totals 4,900 tonnes in three silos. There is a grind- ing circuit, two cyclone cluster cir - cuits, a thickener , and a Carbon-in- Leach (CIL) circuit within the plant facilities. At the T aylor Project, the company extracted a 15,000 tonne bulk sample in Q4 2012, and is currently sending the material through a sampling tower which is used to generate a more rep - resentative sample than solely using chip samples from the mineralized face or muck samples take n from loading or trucking equipment. SAS expects to process the bulk sam - ple during the frst quarter of 2013. Results of the bulk sample program will be released once the material has been processed and all the data has been received and reviewed. Exploration activities during 2012 were focused on surface drilling at the Ghost Zone and Zone 4 tar gets near Holt and Holloway and the Hislop North Project located northwest of the Hislop open pit. During 2012, SAS conducted ap - proximately 54,000 metres of surface drilling, consisting of 95 drill holes on the company’ s exploration tar - gets. For 2013, the near mine tar gets remain the focus of the exploration program, and will include some of the regional exploration tar gets. Sediment Zone -- Holloway Mine, New Discovery SAS conducted appr oximately 54,000 metr es of surface drilling during 2012