Sorry about that, I for got to include the Antimony into the equation. Please note that Garry is using $3 for Antimony, when it is currently selling for $4/lb

Mine Production Cost

pg. 2

Antimony - 54,451/T @ 26.4% Antimony @ an 85% mill recovery, no deleterious metal penalties, @ 2000 lb/T, and a price of $3/lb; the antimony value of the ore is:

54,451 x .264 x .85 x 2000 x 3 = $73,313,000

Gold- 54,451 T @ .37 oz/T gold @ a 90% mill recovery and a gold price of $1150/oz; the gold value of the ore is:

54,451 x .37 x .9 x 1150 = $20,852,000

The combined value of antimony and gold for the 54,451 T block of ore is $94,165,000

The cost to mine, mill and ship including exploration, development and overhead @ $400/T is
54,451 x $400 = $21,780,400.

Do the math.... $$ Ka-Ching Ka-Ching $$