Permit applied Jan 15

“Got  him with great  reception  and sure enough driving back  to Sacramento after  10 days.  He  and  Dent  will do update.  Placer will be  running, probably  next  week with tests  and  he and  Julio finished  the blast  permit for submission”. Jan 15

Mexico weapons  code calls  for   reply  in 50 days.  Location   can be  determined   after  application before military inspects  for  an OK. Means  14 days  passed, 36 to reply.  Rest of  90 assumed   in  issuance and  rcpt.  So  is   Apr 15 after  Mar 27 pay off can all come  together with cash and blast. Hope is ASAP but is Mexico and can be much faster or really slowed. Importance is we know the plan. Placer for cash to begin own mining. A small JV is obvious assist but as organizational ease of logistics flow in and out and underground experience mine administration can rely on. I say I expect 25% buys a whole lot more as assist or he’ll not be taking the offer. Gets back to the slow and fast option but on shaft alone. Now only real need to know if to expect the cash March 24th as contracted!

Now  aware  placer assembly still  needed   3 items not  a need to pay  for until assembly.  One  screen in AZ essential in the  wash line in transport today.  2nd  item large container  not  certain use, possibly  ore  storage  would be  prior  to wash unless for  wash recovery  black sand so very  essential.  I did  not  see it  as  such a vital  but told  funding priority, “we NEED the  screen first.   3rd item a  2nd  screen  ready  in  Sacramento.  Production  begins  without I was told so took the  AZ first  buy.  I’ll speak with him on the process  steps but  he’s plenty  on his  to do’s.  I was simple  speaking  with Debbie setting   the  buys quickly. 8

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