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Message: La Yesca mill setup

good afternoon Ladies and gentlemen of UC: I found this part of the orignial setup quite interesting-->The plant is scheduled to start up on December 27, 2006 at an initial feed rate of 50 TPD.

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To go from a 50 Tpd to 250 Tpd is a major operation, prob requiring much of the older equipment, bases, and projected milling techniques to be scrapped, in effect building a new mill and the power grid to support it.

Remember, setting up a milling operation timewise is basically dependent upon financing - is it very tight?-- local conditions in regards to delivery of materiel and parts, periods of impossibility to deliver materiel due to primitive roads being inoperable, actually locating the materiel and equipment, power, etc., etc.

As I have mentioned, it is a far cry from going down to your local mall to shop where almost every thing that you want is available..

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Of course the shareholders could always go for a new assesment and buy, or form a JV on the La Escondida mine which has none of these problems. ( yep, I am pumping he he he) My personal pet is the Tayopa complex.

The mineralizsed zone consists of an intrusive dike hosting a no. of quartz-carbonate veins mineralized with slight to semi-massive sulphides. the sulphides consist of pyrite, chalcopyrite, sphalerite and galena along with concentrations of gold and silver.

12 ft vein at 90- ft.

It lies 500 meters from a paved, all weather road, maintained by the state with hi power lines on the road, 50 kilometers form a RR shipping center, and only 75 kilometers to a major modern city.

64 Assay averages run Au 24 gpt, Ag 186 gpt etc. etc.

Oh well, I suppose that I will have to do it myself sniff.

In any event, give Jim plenty of leeway, it will pay off. It isn't an 8 - 12 1- 5 job.

Don Jose de La Mancha

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