Ann: Twin Hills Operations and Production Update , page-4

re: Ann: Twin Hills Operations and Production... I have carefully read the December quarterly and this update.

Please note what I am about to post is my opinion. It is absolutely NOT investment advice and is NOT to be taken as such. Thanks.

At this point in time there is nothing to be unduly concerned about imo. Just normal ramp up issues with some bad weather thrown in to slow things down. Very rarely does a ramp up go smoothly without hiccups.

The positives are:

1. About 400,000oz of recoverable silver is now stockpiled on Leach Pads 2 and 3. This is an increase from about 253,000oz of recoverable silver stockpiled at 31st. December.

2. Stocking of high grade ore on Leach Pads 3 has commenced. Similar ore is under full irrigation under Leach Pad 2.

3. There have been some days with silver production of 3,100 ounces which is an annualised rate of 1.1 million ounces.

4. "... the Company is continuing to undertake optimisation work on heap flow rates and reagent addition to maximise silver leaching kinetics from the heaps ... the operation is performing strongly in most areas. The crusher issues are being addressed, Leach Pad 2 is fully stacked and irrigating, stacking of Leach Pad 3 now underway and work is continuing to enhance the leaching kinetics."

The trial mining period showed that AYN's methodolgy of recovering silver worked. What we basically need here is a bit of fine tuning - which is what a ramp up is all about. You know - getting the heap leach flow rates with the addition of the reagent as compatible as possible to maximise the recovery of the silver.

I held TRY through a year long ramp up at its Casposo silver/gold mine and through numerous forum posts incorrectly telling us it was doomed. Issues TRY faced included being frozen into inactivity by once in a century cold weather and when processing ore instead of recovering any gold/silver just getting sludge!!