TYHEE GOLD CORP

(PRESS PROFILE TAB FOR FACT SHEET & UPDATES)

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Message: I believe the PFS is a non-event

Everyone knows it will be positive. Energy costs are down, POG is up, total resource ounces that have potential to be upgraded to reserve status are up. The total resultant # of reserve ounces - whether it be 800K, 1 million, 1.2 million, 1.5 million or whatever - will serve more as a basis for calculating mine life than anything else. And if it tilts to the low side, additional drilling will make up the slack.

The BIG issue is and remains financing, short to medium term and especially long term. By long term financing I mean the $100MM or so to build mines and the infrastructure that follows in the flow chart. Everything else IMO is a non-issue by comparison. Anything and everything the company can do to improve financing options is first priority after current PFS, permitting, etc is completed.

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