Ann: TLMJV Anglo Saxon Gold Project Update, page-13

parcel [1] ?

parcel [2] = 2537 oz's x $1715 = $4,350,955 millon

parcel [3] @ 2.72 g/t  =  3220 oz's x $1715 = $5,522,300 millon

parcel [4] @ 3.14 g/t =  2934 oz's x $1715  = $5,031,810 millon

parcel [5] @ 2.27 g/t = 2762 oz's x $1715  = $4,736,830 millon [parcels 2 to 5 with an average of 2863 oz's of gold]

parcels [6 to 10 ] at mill ,@ 2.71 g/t average = 2863 oz's per parcel could be higher ? 2863 x 5 parcels = 14315 oz's x $1715 = $24,550,225 millon

2863 ave oz's per parcel x 9 parcels x $1715 = $44.2 millon

decimals in right place now but still very attractive