At the Agm, Tislsey said that the processing cost should come in around $40 per ton as a rough estimate so about 1 g/t would be break even at $1200 per ounce.

Also, stripping ratios will not apply as the early thoughts indicate underground mining as some of these veins are at least a km long. This will be much more environmentally friendly and cost effective as well.

The process to get gold out of quartz is very straight foward. CMM is dealing with quartz and doing it quite cheap.and easy. I may be doing a site visit to CMM in August and will know more after that visit.

Glorieux