Re: WTG More than Doubles Mineral Reserves ....REVISION

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docman

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Re: WTG More than Doubles Mineral Reserves ....REVISION

in response to

Re: WTG More than Doubles Mineral Reserves and Mineral Resources on the Savkino Mine

docman

posted on Jan 04, 2012 09:58AM

Sorry guys, I was totally out to lunch with my previous numbers...need more coffee...here is the revision.

There was an increase in reserves of 287% from about 110,000 to about 439,000 ounces. This is an increase of about 329,000 ounces at Savkino. At 1500 bucks an ounce…this is almost 1/2 a billion dollars ($493,500,000) worth of additional gold (before expenses of course).

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