search distance, page-3

Hi Gooch,

Extract from Azumah's 43-101 they issued as part of the Wa DFS.

"Mill feed from Julie, which is located approximately 80km from the Bepkong and Kunche
deposits, will be hauled from the pit to a nearby, centrally located stockpile area, from which it
will be trucked to the crusher, located near Kunche, by a dedicated, separate haulage fleet."

Reported cost for transporting Julie ore is $15.21/t, so based on 80km this gives $0.19/tkm. Average grade of Julie ore is 2.37g/t.

At a gold price of $1300/oz and assuming Julie ore has a recovery of 90%, this would imply it costs 0.4g/t to transport Julie ore 80km. So it would arrive at the plant as an effective 2g/t feed.