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Message: Magino open-pit...

The previous resource estimate in 2009 did not consider an open pit approach for mining the deposit. The cut-off grade was 3 g/t , which should be re-evaluated according to the authors . They noted that there were at least 133 mineralized zones which contained mineralized lenses with an average grade above 3 g/t. There is resource already defined that would not have been included previously because of the grade cut-off but will be included by Kodiak in the next estimate. There is no need to fudge anything and there is only one plan as outlined by Kodiak.

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