"One issue still to be resolved is power. With grid power ending roughly 120km to the

southeast at Haines Junction and with limited spare capacity power, options will need

to be addressed. The power grid option is likely to be the lowest cost alternative,

which we have estimated would require a capex of around $40 million based on other

projects, provided the Yukon power authority adds to capacity. An alternative power

option would be to tap into the yet to be built Alaska pipeline. The project is being

developed by TransCanada Corp. and Exxon Mobil and has financing in place, but

requires permits from U.S. and Canadian regulatory agencies. The Alaska pipeline

could be in place by 2018 and the route would run parallel to the Alaska Highway.

Generating power using diesel would be one alternative for Wellgreen, albeit an

expensive option, which we believe was used in the study by Wardrop in determining

a cost per tonne. We see diesel as the worst case scenario in terms of costs, which

we estimate at roughly 10 times that of hydroelectric power."

This report and target price assumes a worst case scenario in all regards.

I know it's a whole 25 pages long but it is your money so you should read it for yourself.

But thank you for giving me the opportunity to post a reply to a question that was answered a long time ago for those with a desire to do their own DD.

News soon. They are also updating the website.