Hey guys,

I went to the UBR booth at PDAC with Sudbury Novice and they had a nice image of the BT deposit along with the plans for the placer deposit mine site. Apparently they are online for production from the placer deposit by the summer of 2014 and they are looking to come in around $800/oz. for production costs. They will use revenues from their production at the Placer to fund permitting etc at Bellechasse/Timmins. So as long as gold holds steady and their grades are in the expected range (4-6 oz/tonne placer material) they should easily be able to fund B/T development.

Best,

Scott