Page 1 1 Contd from pg 10 property During the past few months we have been extracting and stockpiling high er grade ore for milling particularly from the 325N and 400N zones on the 2250foot level as well as the 260N zone about 100 feet south of the 325N zone he said T o maximize the extraction from these zones we have driven a ramp down to give an extra 30 feet of ver tical mining extent from below the 2250foot level which currently is the lowest level in the mine reported Mor gan Erik Andersen vicepresident and are developing two subparallel stop ing zones from a series of three access crosscuts over a strike length of 300 feet T w o of the crosscuts are com pleted and a third is partially done awaiting the completion of diamond drilling from a station set up in the heading W e now have completed more than length of about 600 feet in the 260N 325N and 400N stoping areas on the 2250 Level W e are quite pleased with what we are of the holes drilled encountered vis ible gold with many assays returning more than one ounce per ton Using the experience gained in the stoping areas of these three zones we have been able to prepare a short and mediumterm production plan that we will apply as well to known mineral resource down to the 2450foot level about 200 feet below the current shaft bottom and up to the 1250foot el evation W e will be using our evaluation work to plan the next phase of our explo ration drilling on the Kerr Addison property which we likely will begin later this year W e are working on a complete evalu ation of the results of the drilling pro gram carried out in 201 1 and earlier this year on the Kerr Addison site combining it with the available his torical data Andersen said Mor g an said the course of starting up a mine is never entirely smooth or entirely predictable Our startup has gone relatively well Overall despite some relatively mi nor bumps and delays we are pleased with the progress that we have steadi ly been making in starting up mining operations at the McGarry Mine and derway W e also are pleased with the explora tion results that we have reported on both the McGarry and Kerr Addison properties and with the team of some 70 people that we have recruited since March 201 1 when there were just eight people at the McGarry site It now is evident that we will not meet our tar get of producing 25000 ounces in 2012 Mor gan continued Of course that s really only a timing issue as gold will be mined and sold as we continue to move forward RICHW OOD Pro v en S olutions Exper t A d vice Rely on C on tain bulk ma t erials seal dust and pr ot ec t the c on v ey or belt in y our load z ones with R ich w ood Ma t erial C on tainmen t S yst ems Built with the dependable impac t pr ot ec tion of R ich w ood Impac t S addles easy t o use C ombi Clamp Skir t Clamps and Rock F l e x pr emium skir ting rubber R ich w ood s ma t erial c o n tainmen t syst em mak es load z ones w orr y fr ee R ich w ood helps y ou put the focus back wher e it belongs on pr oduc tivit y Rely on R ich w ood for dependable load z one solutions call for assistanc e with y our applica tion18002376951 I ncr eased pr oduc tivit y w w w rich w ood c om inf orich w ood c om phone 3045255436 P r ot ec t ed L oad Z ones