actual content The Company expects to advance its work toward completing an updated Preliminary Economic Assessment for
the Wellgreen project in September 2014. Milestones related to this business objective include:
the updated mineral resource estimate announced by the Company on July 24, 2014;
additional metallurgical test work, with results targeted to be released in August/September
2014;
utilization of 2013 and 2014 environmental ground water baseline data that the Company has
collected to enable the compilation of an initial water balance and design of the water
management system;
a review of surface infrastructure and basic engineering for the project; and
PEA-level mine planning and mill process sheet design.
During the six months ended June 30, 2014, Wellgreen Platinum had incurred a total of $1,116,991 in exploration
costs on the Wellgreen property, principally focused on environmental baseline measurements, exploration
drilling and resource determination followed by work programs related to the advancement of the updated
Wellgreen PEA.
MD&A out
for June 2014