New Carolin Gold Corp. LADFF

Tailings Pond

[SPRITER]

I also had talked with Bob Thast about the tailings and he advised that the AU grade in the pond was very healthy ( I have forgotten the average grade he mentioned) and pretty evenly spread out and he was thinking to mine it so they could get some real cash to explore some high potential areas of the property. Peggy Witte, the previous owner before Thast, was going to do it also but lost control of the mine ( to Thast ) before she could arrange financing. Current management have other ideas, I guess, but I sure don't know what they are.