Diamond Creek Mill – 2012 Tailings Production Estimate

(Based On Processing 100 Wet Tons Of Ore Per Day)

Gr/ton

GOLD

2.95

SILVER

15.03

Oz (Based on 31.4 gr per oz)

0.094

4.79

Tons per day (Dry)= 100 wet tons

100

100

Price per Oz

$1,800.00

$41.00

Production Value (per day)

$ 16,920.00

$ 19,639.00

Total Revenue (based on 240 production days for 2012)

$4,060,800

$ 4,713,360

Less Daily Production costs

(incl 40% futa Suta etc)

$4,445.00/day

2012 Net Return

$7,151,735.00