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Message: Aurealian and Arequipa

Good Day Scuplin,

That is an excellent read, I would hope that once SLI does complete some drill assays and the reserve estimates become actual we have similar evaluations to compare SLI to other companies. This provides us another realistic evaluation tool with some of the charts. This will aid in some of the previous discussion on this board on sp expectations.

Valuation
So we count on at least 10 million ounces. That would make this a rare
and extreme valuable “World Class Gold Discovery”.
A quick calculation of the possible total metal value of this Discovery.
7M ounces- $630 $4.4 billion
10M ounces- $630 $6.3 ,,
15M ounces- $630 $9.5 ,,
20M ounces- $630 $12.6 ,,
25M ounces- $740 $18.5 ,,

On the website of Aurelian we found the following comparison of the
best intersections of the world’s largest discoveries.
Aurelian FDN (2006) 189m - 24 gr/tn
Lihir (1996) 272m - 5 gr/tn
Goldstrike (1989) 164m - 14 gr/tn
Mesel (1989) 133m - 8 gr/tn
McLauglin (1978) 121m - 6 gr/tn
Sleeper (1984) 102m -28gr/tn
Arequipa (1996) 77m -5 gr/tn
Eleonore (2004) 23m -15gr/tn

Here are some examples of historical big Epithermal deposits.
Ladle 44.7 M oz (3.16 g/t)
Hemlo 22 M oz (7.7 g/t )
Porgera 16.2 M oz (5.88 g/t)
Cadia Far East 9.1 M oz (.98 g/t )
Arequipa 7 M oz (1.1 g/t )


We certainly have the potential of being on these lists in the future. Bring on those drill assays, Baby!!

Go Long.........

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