Leeward Capital Corp LEWCF

RE: RE: Revised Wardrop 43-101

[cabo1]

You add them both together and the % to watch for is MO. This is the common one used in valuations most often. You will notice that the indicated number is growing quite nicely but the grade is still low. The grade is a function of all holes drilled and even with the last series of high grade holes they were only 31 out of over 400 so the weighted average will move slowly until more holes are drilled. The more holes you drill in the high grade zone won't improve the tonnage but will move the inferred tonnage to indicated which is preferred. Remember these structures start very close to surface as in less tha 10 feet and run to a depth of 400ft which is very desireable for open pit. We need to find more high grade and infill drill some more but not bad work for the money spent this year.