Yes, and look at this, also taken from the MD&A. Looks like SLI may have been doing some digging of our own on Cueva Blanca. Also notice that minerals, probably gold, may have been sold from Cueva, but maybe Tesoro.

Exploration expenses increased from $363,052 in 2010 to $668,191 in 2011. The increase was due to exploration

activities at the Tesoro Gold and Cueva Blanca Projects in Peru which was partially offset by an increase in cost

recoveries due to higher than expected commodity prices. In particular, the Company carried out a Titan 24

survey on its Tesoro Gold project.