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The Company anticipates publishing a feasibility study for its Magino project during the second half of 2017. The Company is concurrently evaluating two options for the feasibility study: a 30,000 tonne per day case and a 10,000 tonne per day case. The Company envisions that, due to its current size and market conditions, it may require a partner to advance the 30,000 tonne per day project whereas the 10,000 tonne per day project would provide the Company with the optionality of advancing Magino on a stand-alone basis.