While we wait for the news

Alexandria Minerals came out with a 43-101 resource count at their Sleepy property this morning, of 150,000 Inferred ounces @ 3.0 g/t.

Their Sleepy property is 4 KMs away from our Sigma II Mine, in Louvicourt, Quebec. Sigma II is 20 - 25 KMs away from Lamaque, well within trucking distance. Placer Dome (trucked/mined) processed about 155,000 ounces (2.67 g/t) at Lamaque/Sigma in the 80s.

The Sigma II deposit is still open at depth. The property is relatively large. There is good mid-term potential for either u/g mining or o/p mining or both from Sigma II. The gold price is now US$1,040 and is expected to go much higher. With this type of gold price it might be quicker and cheaper to continue mining the deposit via o/p (especially since the deposit will likely be 2.67 g/t and likely getting higher as they go deeper).

It looks to be a large property so there is potential to locate new mineralized pits also.

Mining Sigma II via o/p will have none of the challenges we experienced while mining the Sigma o/p in recent years. Sigma II was never previously mined below the pit deposit.

Once the financing closes, Century needs to spend a couple of dollars to perform a preliminary assessment on Sigma II to determine if there is value in aggressively attacking the property. I think the gold price has presented a unique opportunity here.

In this gold environment, Sigma II has the potential to provide solid mill feed to Lamaque over the next few years while we wait on the lower parts of Lamaque to be dewatered.

I will attach a link of a map in the comment area.