Hi

Busy week for Elmer.

Meeting with Carmax today. On the agenda is metallurgy and assaying/re-assaying historical drill holes. There are a lot of holes that were never assayed and some only partially.

Tuesday is occupied with all things Van Dyke, what do they need to do to get the PEA done and out?

Wednesday is the JV meet with Teck. Theres basically three outcomes:

1. Teck walks away. Imo 0% chance of this happening.

2. More studies, basically the holding pattern continues.

3. They announce a production decision. They have been doing a 12 year LOM study but there is still the 21 year LOM plan on the table and it can't be ruled out if its to be option three.

I expect news next week.

ttfn

nopoo2

Rick M.

Aheadoftheherd