RE:High-Grade Mining Potential at Magino GoldIn my opinion, if the results of the drilling program indicate the presence of high-quality gold that can be mined underground in a cost-effective manner, it might be more advantageous to establish a shaft rather than advancing with the 20K tpd expansion. Given that the strip ratio for waste to ore at Magino Gold is 3.57, milling at 10k tpd would result in mining 23.5M tonnes per year. I believe that the existing heavy equipment fleet at Magino is sufficient to mine at a rate of 65k tpd, which equates to 23.7M tonnes mined annually. Rather than doubling the mining rate, leasing extra heavy equipment, and recruiting more workers, it seems more logical to transition from an open-pit operation to an underground operation, especially when the costs of installing a shaft and expanding the mill to 20k tpd are relatively comparable. If the mill operates at 10,000 tpd, and the gold mined has grades comparable to the average 4 g/t grade from the historical underground operation, it results in an annual gold recovery of 477,000 ounces.