Ann: Jaguar Project Ore Reserve Increase , page-3

5 and a half year mine life at the moment and still two upgrades from Bentley to come! Its looking as though we will have an 8 year+ mine life based on current exploration and current mining rates. This is a great result, suprised to see such a little reaction from the market.

W/ net operating cash flows of ~$6 million a quarter (Dec Cashflow statement), that is ~200 million cash flow over the next 8 years (obviously grades will differ moving forward, but so too will metals prices).

A little suprised to see the share price still lingering around the 30c mark, I think the next quarterly activities/cashflows report should be a nice catalyst!