Plan of Development
The Company plans to develop the Project by incrementally expanding the operation from
artisanal levels of production through to a profitable production level while concurrently
defining resources or reserves. The expansion, for the most part, can be funded from production
revenue, however some cash infusion will be needed at the onset.
Goals
Based on exploration results to date and the development plan, management has set the
following goals:
• Short-Term Goal: produce 200-300 Tonnes Per Month or TPM, within an estimated three to
six month time frame (capital expenditure of approx. US$370,000)
• Long-Term Goal: produce 50-100 Tonnes Per Day or TPD, within an estimated 18 to 24
month time frame (funded from production revenue)
