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Message: Goldex Royalty

I've always understood, maybe incorrectly, that the Probe NSR in the

Probe portion of the mine called the MAIN orebody and the Goldex

portion in the GEZ orebody (Goldex Extension). Go to page 45 of the

Agnico Tech Report you noted. believe the red-color orebody is where

Probe's interest is. The GEZ orebody in the blue-color body, the orebody

the Agnico is currently producing.

If you or others can give further clarification I'd appreciate it. EOM

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