Howe further concluded that based on well-founded historical estimation practices at the Bissett Mine, that as of April

2001 the mine has measured and indicated resources of 1,267,175 tons grading 0.26 ounces gold per ton plus inferred

resources of 734,700 tons grading 0.31 ounces of gold per ton. All of the above mentioned resources are situated above

the 4630 Level (5,370 feet below the collar of A-Shaft) of the mine in the D and C-Shaft areas...

Within the measured and indicated resources, Howe concluded that the Bissett Mine currently has proven and probable

mineable reserves of 901,800 tons with an average grade of 0.27 ounces gold per ton. In determining this reserve base

Howe used dilution, cutting and cut-off practices based on over 38 years of mining on the property. All of these

reserves have development drifts on the vein and all are accessible on levels within the C and D Shaft areas of the mine........................?????..looking back at 2001 Howe report we see a cut of oz / tn were cut in this last report which shaves off a few oz and 250,000 indicated tns were also cut..also the inferred oz were also cut a bit..The report was finished in Sept. Traps7