Ann: Quarterly Activities and Cashflow Reports September 2017, page-8

Oh, one other thing, just because I woke up waaay too early this morning - must have been that post-flight 4hr siesta yesterday.

I keep using 300g/t when an assumption for the Tres Estados grades is required but they had a range of lower gold grades returned from the Tres E. bulk sampling tests (there's a table in an ANN somewhere).

The thing is, they were assaying splits from the same homogeneous sample and it was the different techniques used that gave the variability in the returned grades (something the ASX doesn't understand).

When they do finally decide on a extraction process, they're going to choose the process that returns the highest grades and with further tweaking of the extraction process it makes sense that the grades returned will only get higher. If it takes another 4 process days to double the metal extracted they will wait 4 days.

It's gonna be very interesting to see what kinda numbers are we going to get from the 10 x 10m bulk samples because I'm guessing they will be continually to tweaking that extraction process. It would be a great stab in the ASX's eye if the 10 x 10m bulk sample assays were North of 300g/t. If it was me I'd make sure they were taken from the best patch of ground available for just that reason. Fingers crossed!