• Granted 2007
◦ Valid for 3 years
◦ Relinquishment requirement of 25% every year
◦ Right to apply anytime for up 20 Prospecting Licenses
• Historical Data compiled into modern GIS Database
◦ Numerous known historical showings documented
◦ Some drill tested others surface sampled
◦ Ore grade drill intersections in a number of showings
*** The Essequibo-Demerara PGGS remains in good standing with the Guyanese Government, as of Sept 2011