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<br /> <br />-13- <br />MR. HOLDER: Is this an existing operation, or just switching over to <br />(inaudiblel. <br />MR. RE NN ER: There was an operation, the E1 Polmo mine on site. This <br />operation will encompass that permit area. In fact, there was an old previous <br />ore-law heap on the site also in the early seventies. <br />MR. DAVIS: And this is all going to be an open oit? <br />MR. RENNER: Yes, two open pits. That's it. No underground mining. <br />Apparently that is the extent of their plan. <br />7054E <br />