Empire History 101, page-45

Potential Future Underground Operations Underground Resource On 13 December 2017 the Company reported to the ASX an updated Penny’s Find underground resource of 248,000 tonnes @ 7.04g/t Au for 56,000oz (Table 1). This underground mineral resource extends from the planned base of the current open pit operation (max. 85m depth) to at least 250m below surface and remains open at depth (Figure 3). Table 1 Penny’s Find Gold Mine Resources - Underground 1.5g/t Au lower cut-off Class Tonnes Au g/t Contained Ounces Measured - - - Indicated 147,000 8.06 38,000 Inferred 101,000 5.57 18,000 TOTAL 248,000 7.04 56,000

56,000 oz at $1,700 an Oz is $100 million and is open at depth . From the last quarterly !!!!!!!!!!!!!!!!!!!!!!!