Ok, before anyone reads this and yells pumper from the hill tops let me clarify a few things. I am using ASSUMPTIONS and I have them listed. In addition to those assumptions I have NOT scaled anything down to account for the rounded corners of the anomaly etc. The reason is that the giant anomaly has a rather large sister that I am ignoring and the little sister has 19 babies that are near surface and are also ignored. So, while I do not use scaling I am ignoring a very large portion of the property containing anomalies that are associated with gold samples.

So, drum roll please:

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Calculation of resource:

Assumptions:

Volume = 5905’ (feet)*5577’*4265’ = 9363717935 tons

Density = 15 cubic feet per ton

Scaling = Not used as this anomaly does not cover the entire property

Grade = 0.03215075 Oz/t average

Total ounces housed on property

301,050,522 Oz

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Calculation of Value:

Assumption #1

$100 per ounce in the ground – this figure has been used for years and was used when gold was valued under $500 per ounce.

Value = $30,105,052,200

Assuming 121 million shares outstanding:

Value per share = $248.80

Assumption #2

$1300 per ounce in the ground – Andean was taken out for this amount based on expectations of a lot more gold to be found.

Value = $391,365,678,600

Assuming 121 million shares outstanding:

Value per share = $3234.43

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Lets see some drill results!

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Only $ 3234.43

Why so low ? LOL