• Looks like North Wall completion and production commencement (although checked as complete as at Q1 in Feb presentation) is now not due to be completed until Q2!?
• Comparing current underground production - there has been push back of milestone achievements and less commital on time frames to achieve the following TPD:

Feb presentation March presentation

currently at 1,000 TPD currently at >1,000 TPD

1,500 TPD by Q1/20111,500 TPD by Q2/2011

2,100 TPD by Q4/20112,000 TPD by 2H 2011

• Lamaque gold production projection for 2011e is up from 70-75K to 77K but down 3K and 5K for 2012e and 2013e respectively.