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Message: Record Production in Q1 2012

So the stockpile is somewhere in the range of 0.13 o/t (4.04g/t) to 0.17 o/t (5.28g/t) and is and has always been a non issue if it's the same pile that's been sitting in front of the mill since 2011.....................................Lunch, different ways to view this stock pile. Looking back a few months we were told there was 27,000 tns sitting at the Mill around 5/6 gr tn. Simple math means 10,000 tns was used to help supplement the Qtr to help push to record production leaving 16,000 tn for future. Since the Mill is operating around 4 to 5 % below efficiency alot of oz are lost in the recovery although San may retrieve the oz out in the tailing pond.Sans guidance appears to be counting on this stockpile also for this Qtr.Traps7..

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