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The Company's Eagle Gold Project in Yukon Canada hosts a National Instrument 43-101 compliant Reserve of 2.3 million ounces of gold.

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Message: Re: Cove McCoy Press Release Delayed Until Next Week

It's not so much that as an SGV shareholder I dislike the deal, although the premium was not much of a premium but to a certain extent that can be explained by the lack of cash that SGV has.

What's more important for me is to hear from SGV/VIT management what the plans are for the future combined company. The only rationale I've heard so far is 1+1=2, yet I want to hear about one and one becoming three.

Merging junior miners is not just a matter of adding up resources, there's much more to it. Having more deposits also requires more cash to develop them and that cash certainly isn't going to come from SGV.

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