-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 LjMXyp966LLeH3onxzOzzgrIjItkW/A+DCaNH15knl3e+ZvnNYLJbUz7fSPP+u55
 ySp5PN9qYTwjM2cHdsqnPA==

<SEC-DOCUMENT>0001012410-07-000106.txt : 20070727
<SEC-HEADER>0001012410-07-000106.hdr.sgml : 20070727
<ACCEPTANCE-DATETIME>20070726173954
ACCESSION NUMBER:		0001012410-07-000106
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		5
CONFORMED PERIOD OF REPORT:	20070726
FILED AS OF DATE:		20070727
DATE AS OF CHANGE:		20070726

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AVINO SILVER & GOLD MINES LTD
		CENTRAL INDEX KEY:			0000316888
		STANDARD INDUSTRIAL CLASSIFICATION:	METAL MINING [1000]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-09266
		FILM NUMBER:		071004205

	BUSINESS ADDRESS:	
		STREET 1:		455 GRANVILLE ST STE 400
		CITY:			VANCOUVER BC CANADA
		STATE:			A1
		ZIP:			00000
		BUSINESS PHONE:		6046823701

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	INTERNATIONAL AVINO MINES LTD
		DATE OF NAME CHANGE:	19950607

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	AVINO MINES & RESOURCES LTD
		DATE OF NAME CHANGE:	19950607
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>avino6-k.htm
<DESCRIPTION>AVINO FORM 6-K
<TEXT>
<html>

  <head>
    <title>avino6-k.htm</title>
<!-- Licensed to: Sangra Moller LLP-->
<!-- Document Created using EDGARizer 4.0.1.0 -->
<!-- Copyright 2007 EDGARfilings, Ltd., an IEC company.-->
<!-- All rights reserved EDGARfilings.com -->
</head>
  <body bgcolor="#ffffff">
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div><br></div>
    </div>
    <div><br></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman;"><strong>U.S.
      SECURITIES AND EXCHANGE COMMISSION</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Washington
      D.C.&#160;&#160;20549</strong></font></div>
    <div><br></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 18pt; FONT-FAMILY: Times New Roman;"><strong>FORM
      6-K</strong></font></div>
    <div><br></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>REPORT
      OF FOREIGN PRIVATE ISSUER</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>PURSUANT
      TO RULE 13a-16 OR 15d-16 UNDER</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>THE
      SECURITIES EXCHANGE ACT OF 1934</strong></font></div>
    <div><br></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">July
      26,
      2007</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Commission
      File No.:&#160;&#160;<strong>0-9266</strong></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>AVINO
      SILVER &amp; GOLD MINES LTD.</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><em>(Translation
      of Registrant's name into English)</em></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>400-455
      Granville Street, Vancouver, B.C.&#160;&#160;V6C 1T1</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><em>(Address
      of principal executive office)</em></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Indicate
      by check mark whether the Registrant files or will file annual reports under
      cover of Form&#160;20-F or Form 40-F.</font></div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" width="100%">

          <tr>
            <td valign="top" width="14%" style="BORDER-TOP: black 0.5pt solid; BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><a name="Check1"><font style="DISPLAY: inline;" face="Wingdings">x</font>&#160;Form
                20-F</a></font></div>
            </td>
            <td valign="top" width="6%" style="BORDER-TOP: black 0.5pt solid; BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">&#160;</font></td>
            <td valign="top" width="14%" style="BORDER-TOP: black 0.5pt solid; BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><a name="Check2"><font style="DISPLAY: inline;" face="Wingdings">o</font>&#160;Form
                40-F</a></font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Indicate
      by check mark if the Registrant is submitting the Form 6-K in paper as permitted
      by Regulation S-T Rule 101(b)(1): [&#160;&#160;&#160;&#160;]</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Indicate
      by check mark if the Registrant is submitting the Form 6-K in paper as permitted
      by Regulation S-T Rule 101(b)(7): [&#160;&#160;&#160;&#160;]</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Indicate
      by check mark whether the Registrant by furnishing the information contained
      in
      this Form is also thereby furnishing the information to the Commission pursuant
      to Rule 12g3-2(b) under the Securities Exchange Act of 1934.</font></div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" width="100%">

          <tr>
            <td valign="top" width="14%" style="BORDER-TOP: black 0.5pt solid; BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font style="DISPLAY: inline;" face="Wingdings">o</font>&#160;Yes</font></div>
            </td>
            <td valign="top" width="6%" style="BORDER-TOP: black 0.5pt solid; BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">&#160;</font></td>
            <td valign="top" width="14%" style="BORDER-TOP: black 0.5pt solid; BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font style="DISPLAY: inline;" face="Wingdings">x</font>&#160;No</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">If
      "Yes"
      is marked, indicate below the file number assigned to the Registrant in
      connection with Rule 12g3-2(b): n/a</font></div>
    <div><br></div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">&#160;</div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">&#160;</div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">&#160;</div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div><br></div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>SIGNATURES</strong></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Pursuant
      to the requirements of the <em>Securities Exchange Act of 1934</em>, the
      Registrant has duly caused this report to be signed on its behalf by the
      undersigned, thereunto duly authorized.</font></div>
    <div><br></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Registrant:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<strong>AVINO
      SILVER &amp; GOLD MINES LTD.</strong></font></div>
    <div><br></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">By:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<em>/s/
      Connie Lillico</em></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font size="2"><em>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
      </em><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>CONNIE
      LILLICO, CORPORATE SECRETARY</strong></font></font></div>
    <div><br></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Date:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<strong>July
      26, 2007</strong></font></div>
    <div><br></div>
    <div><br></div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">&#160;</div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">&#160;</div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">&#160;</div>
      </div>
    </div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>EXHIBIT
      INDEX</strong></font></div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" width="100%">

          <tr>
            <td align="left" valign="top" width="11%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Exhibit
                No.</strong></font></div>
            </td>
            <td valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">&#160;</font></td>
            <td align="left" valign="top" width="61%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Description</strong></font></div>
            </td>
          </tr>
          <tr>
            <td valign="top" width="11%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">&#160;</font></td>
            <td valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">&#160;</font></td>
            <td valign="top" width="61%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="top" width="11%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">99.1</font></div>
            </td>
            <td valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">&#160;</font></td>
            <td align="left" valign="top" width="61%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Annual
                Report</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
  </body>
</html>


</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>ex99_1.htm
<DESCRIPTION>ANNUAL REPORT
<TEXT>
<html>

  <head>
    <title>ex99_1.htm</title>
<!-- Licensed to: Sangra Moller LLP-->
<!-- Document Created using EDGARizer 4.0.1.0 -->
<!-- Copyright 2007 EDGARfilings, Ltd., an IEC company.-->
<!-- All rights reserved EDGARfilings.com -->
</head>
  <body bgcolor="#ffffff">
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 18pt; FONT-FAMILY: Times New Roman;"><strong>AVINO
      SILVER &amp; GOLD MINES LTD.</strong></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman;"><strong>2007
      Annual Report</strong></font></div>
    <div><br></div>
    <div><br></div>
    <div><br></div>
    <div><br></div>
    <div><br></div>
    <div><br></div>
    <div><br></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman;"><strong>New
      Discoveries.</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman;"><strong>New
      Era.</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman;"><strong>Precious
      and Base Metals in Mexico</strong></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Avino
      Silver &amp; Gold Mines Ltd. is working to re-activate the Avino mine, an
      important historical producer of silver, gold, zinc, copper and
      lead.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Aggressive
      drilling on the property in 2006-07 encountered new zones of silver, gold,
      zinc
      and lead. Exploration throughout 2007 will continue to explore these and new
      targets. All our work is focused on two primary goals:</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">1)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;Expand
      resources and reserves</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">2)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;Resume
      production as quickly as possible.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      Avino
      mine is held 88.25% by Avino Silver &amp; Gold Mines Ltd. The mine has
      produced:</font></div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 72pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Wingdings">&#167;&#160;&#160;</font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">16
                million oz. silver</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 72pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Wingdings">&#167;&#160;&#160;</font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">24
                million lbs. copper</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 72pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Wingdings">&#167;&#160;&#160;</font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">100,000
                oz. gold</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Current
      drilling indicates new mineral zones in under-explored areas of the property
      could expand resources significantly.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Avino
      also holds precious metals properties in British Columbia and Yukon
      Territory.</font></div>
    <div>&#160;</div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div><br>&#160;</div>
    <div>
      <table cellpadding="0" cellspacing="0" width="100%">

          <tr>
            <td align="left" valign="top" width="43%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Avino's
                projects range from "grass roots" exploration to an established mine.
                Throughout our long history, we've discovered and/or produced silver,
                gold, zinc, copper and lead. We're continually examining new opportunities
                for precious and base metals throughout North America.</font></div>
              <div>&#160;</div>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>1)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</strong></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>AVINO
                SILVER AND GOLD MINE</strong></font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Durango
                State, Mexico</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Silver,
                gold, copper, zinc, lead</font></div>
              <div>&#160;</div>
              <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Although
                the mine has a long production history, Avino continues to discover
                new
                mineralization in the primary vein system. Recent drilling has encountered
                significant new mineralization in the regional area originally identified
                during an exhaustive investigation by mining giant LuisMin S.A. de
                C.V. in
                1993.</font></div>
            </td>
            <td align="right" valign="top" width="37%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><img src="graphic1.jpg" alt="">&#160;</div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>2)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</strong></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>MINTO,
      OLYMPIC AND AUMAX PROPERTIES</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Gold
      Bridge, British Columbia</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Gold,
      silver, zinc</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Located
      in one of Western Canada&#8217;s most productive mineral regions, Avino&#8217;s British
      Columbia properties have produced a number of high-grade assays in sampling
      and
      drilling. At the Minto property, drilling in 2006 encountered high-grade gold
      (up to 45.4 g/t) over narrow widths.</font></div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>3)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</strong></font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>EAGLE
                PROPERTY</strong></font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Yukon
      Territory</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Silver</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Located
      in the historic Keno Hill District, the Eagle Property has produced very high
      assays for silver since exploration first occurred there in 1964.</font></div>
    <div>&#160;</div>
    <div><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman;"><strong>A
      New Era of Exploration</strong></font></div>
    <div><br></div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman;"><strong>What
      We Accomplished in 2006</strong></font></div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>1)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</strong></font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Raised
                C$10 million through a private placement
                financing.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>2)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</strong></font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Completed
                the scoping study on Tailings Retreatment Process Options for the
                Avino
                Tailings Project (Wardrop
                Engineering).</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>3)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</strong></font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Completed
                2,386m of drilling in the Avino mine area and 1,442m in the regional
                areas
                of La Estella and Cerro San Jose.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>4)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</strong></font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Conducted
                IP geophysics over a significant area of the Avino
                property.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>5)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</strong></font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">In
                July of 2006, completed acquisition of a further 39.25% equity interest
                in
                Cia Minera Mexicana de Avino S.V. de C.A. ("Cia Minera"), owner of
                the
                Avino mine, for total interest of
                88.25%.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>6)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</strong></font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Completed
                approximately 300 meters of diamond drilling at the company&#8217;s Minto
                property near Bralorne, British
                Columbia.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>7)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</strong></font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Attained
                Tier 1 status on the TSX Venture Exchange. Tier 1 is reserved for
                the
                Exchange's most advanced issuers with the most significant financial
                resources.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>8)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</strong></font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Through
                Herb Osborne and Associates, completed an engineering report for
                re-activating the Avino process
                plant.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>9)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</strong></font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Discovered
                new silver, gold and zinc while drilling on the San Gonzalo zone,
                located
                northeast of the original Avino mine
                workings.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman;"><strong>Key
      Goals for 2007</strong></font></div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>1)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</strong></font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">In-fill
                diamond drilling on the ET and San Gonzalo
                zones.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>2)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</strong></font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Confirm
                continuity of Avino vein beneath the original Avino mine
                workings.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>3)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</strong></font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Update
                cost estimates for re-starting the mine and
                mill.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>4)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</strong></font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Continue
                investigations for processing both oxide and sulphide
                tailings.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>5)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</strong></font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Further
                exploration of the Minto property in British
                Columbia.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>6)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</strong></font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Source
                alternative buyers for copper
                concentrate.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman;"><strong>A
      New Strategy for Growth</strong></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Our
      2007
      growth strategy focuses on exploration and development of new resources at
      the
      Avino property in Mexico.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">As
      drilling and geophysical work continue to encounter new zones of mineralization,
      we see more long-term opportunities throughout our holdings.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Five
      key
      factors drive our new strategy:</font></div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 47px">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>1)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</strong></font></div>
            </td>
            <td width="939">
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Sustained
                high metal prices, particularly for
                silver.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>2)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</strong></font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
                mine&#8217;s existing infrastructure is sound, and production can resume with
                a
                minimum of investment and time.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>3)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</strong></font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">As
                we explore zones originally targeted by mining giant LuisMin back
                in 1993,
                we are continually proving the quality of their
                recommendations.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>4)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</strong></font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Both
                the San Gonzalo and Cerro San Jose zones have considerable production
                potential.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>5)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</strong></font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Geophysical
                surveys of the property continue to identify new targets. We have
                barely
                begun to realize the property&#8217;s long-term
                potential.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>[PHOTO
      OF EXPLORATION DRILL RIG IN MEXICO]</strong></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><em>Drilling
      at the Avino mine&#8217;s San Gonzalo zone encountered significant silver, gold, zinc
      and lead in 2006/2007.</em></font></div>
    <div><br></div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>To
      Our Shareholders</strong></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">I'm
      pleased to present Avino's annual report for fiscal 2007, our 38th year of
      operation. It was a year of firsts at Avino, from new initiatives and
      discoveries to new strategies and people&#8212;all directed at expanding our mineral
      resources in Mexico.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Purchase
      of Additional Interest</strong></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">We
      also
      finalized purchase of our additional interest in Cia Minera Mexicana de Avino,
      owner of the Avino mine. As a result, we now own 88.25% of the mine. We plan
      to
      increase our holdings further.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>New
      Zones Encountered</strong></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Most
      importantly, the company is realizing new value from a historical asset. Despite
      the Avino mine&#8217;s long history, modern exploration continues to encounter new
      zones of mineralization. Most of the work by early operators focused on the
      primary Avino vein system. In 2006 and early 2007, our drilling and geophysical
      work encountered significant anomalies and mineralization in the regional areas
      of our claims. We also drilled beneath the existing mine workings and confirmed
      the earlier BP-Selco diamond drill results. We will continue this work through
      2007.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>A
      New Investment Strategy</strong></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      success of this new exploration results from a shift in strategic direction.
      With the Avino mine infrastructure well established, and with most of the
      equipment in place to re-start operations, we concluded our best investment
      at
      this time was in resource expansion. We raised C$10 million early in the year
      with the intent of exploring areas of the property that had not been
      investigated by modern mining methods. Many of these areas were targeted by
      mining giant LuisMin S.A. de C.V. in 1993. Following an exhaustive study of
      most
      of the Avino ground, LuisMin identified more than a dozen areas with significant
      potential for mineral expansion. Most of these targets were never
      explored.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Capital
      Required for Production Facilitie</strong>s</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">We
      retained Herb Osborne and Associates, a widely recognized expert in process
      plant evaluations, to conduct a full review of the process plant. They concluded
      a capital expenditure of approximately US$1 million would bring the plant back
      into operation at around 1,000 tpd, and a new tailings facility could be built
      for $2 million.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Success
      at the San Gonzalo Zone</strong></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Our
      exploration focused on the San Gonzalo zone, located northeast of the Avino
      mine. Drilling began in the fall of 2006, with a number of high-grade silver
      intercepts plus significant assays for gold, lead and zinc. Results to date
      have
      outlined a preliminary resource that we will focus on bringing into NI 43-101
      compliance. We will also explore other zones&#8212;including Los Angeles, Santiago, La
      Estalla, Santa Ana and Nuestra Senora&#8212;through 2007.</font></div>
    <div><br></div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Building
      a Top Technical Team</strong></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">A
      key
      element of our new strategy was to hire highly-qualified personnel to guide
      our
      exploration and development in Mexico. In this regard, the mine&#8217;s location is a
      valuable asset. Situated only 50 miles from the city of Durango (pop. 460,000)
      in a region famed for its mineral wealth, the mine is ideally located for hiring
      skilled technical labor. New additions to our technical team include Carlos
      Rodriguez and Miguel Mendez. Mr. Rodgriguez brings nearly 30 years&#8217; experience
      in Mexican geology and mining to the Avino team. Mr. Mendez worked as an
      engineer at the Avino mine from 1986 to 2001. We are extremely pleased to have
      the valuable expertise these gentlemen bring to the team.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>A
      Look at the Tailings Resource</strong></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">We
      have
      examined options for exploitation of the mine&#8217;s large tailings resource. Because
      this asset includes both oxide and sulphide tailings, with each requiring
      separate treatment methods, there are a number of factors we must consider.
      In a
      study completed in early 2006, Wardrop Engineering concluded the oxide tailings
      held a silver and gold resource with an implied value of US$43.7 million and
      estimated net revenue of $31.4 million. However, our priority at this time
      is to
      take a more long-term per-spective by expanding reserves and re-opening the
      mine.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Silver:
      Continuing its Climb</strong></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      overriding factor in all of our decisions, of course, has been the price of
      silver. Throughout 2006, silver held mostly above US$10.00 per ounce and in
      early 2007 was trading at well above $12.00. While we cannot predict any future
      direction, the trend has remained very strong for the past three years. When
      the
      Avino mine closed in 2001, silver traded around $4.40 per ounce and gold $270
      per ounce.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">In
      closing, I want to thank our Board of Directors for endorsing our new strategic
      direction and providing valuable input as we moved forward. Also, our staff
      worked particularly hard this year as we worked through many changes at Avino.
      I&#8217;m most grateful for this support. I am particularly indebted to Mercedes Lanz
      Cerrada de Ling, Director and Office Manager of Cia Minera Mexicana de Avino.
      Since the very early days of Avino and Cia Minera&#8217;s partnership, she has
      provided invaluable, highly competent and tireless liaison between Canada and
      Mexico. We are most fortunate and grateful for this ongoing
      association.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">ON
      BEHALF
      OF THE BOARD OF DIRECTORS</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>David
      Wolfin, President</strong></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">We
      raised
      C$10 million in 2006 with the intent of exploring new areas of the Avino mine
      property</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">A
      key
      element of our new strategy was to bring in highly-qualified technical
      personnel.</font></div>
    <div><br></div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>The
      Avino Mine - Exploration</strong></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Four
      Key Priorities</strong></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Our
      recent strategy at the Avino mine has focused on four priorities:</font></div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>1)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</strong></font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Exploration
                to expand resources in the surrounding
                concessions;</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>2)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</strong></font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Drilling
                to expand the current mine
                resource;</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>3)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</strong></font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Re-furbishing
                and upgrading the mine for
                re-opening;</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>4)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</strong></font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Exploiting
                the large tailings resource;</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>5)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</strong></font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Exploration
                of Surrounding Concessions.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      map
      highlights zones explored in 2006 or plan to explore in 2007, totaling 44 holes
      and nearly 11,000 meters. Targets were identi-fied through the 1993 study by
      LuisMin and also by an 80 km line deep penetrating IP survey by Peter E. Walcott
      and Associates in 2006.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><img src="graphic2.jpg" alt=""></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Highlights
      from Diamond Drilling on the San Gonzalo Zone, 2006 and
      2007*</strong></font></div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" width="100%">

          <tr>
            <td valign="top" width="25%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>From</strong></font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>(m)</strong></font></div>
            </td>
            <td align="right" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>To</strong></font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>(m)</strong></font></div>
            </td>
            <td align="right" valign="top" width="12%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>Down
                Hole</strong></font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>Lengths
                (m)</strong></font></div>
            </td>
            <td align="right" valign="top" width="6%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>Au</strong></font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>(g/t)</strong></font></div>
            </td>
            <td align="right" valign="top" width="6%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>Ag</strong></font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>(g/t)</strong></font></div>
            </td>
            <td align="right" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>Pb</strong></font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>(%)</strong></font></div>
            </td>
            <td align="right" valign="top" width="9%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>Zn</strong></font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>(%)</strong></font></div>
            </td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="top" width="25%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>SG-07-01</strong></font></div>
            </td>
            <td valign="top" width="7%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="top" width="7%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="top" width="6%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="top" width="6%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="top" width="7%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="top" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="top" width="25%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Santiago
                Vein</font></div>
            </td>
            <td align="right" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">147.0</font></div>
            </td>
            <td align="right" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">149.7</font></div>
            </td>
            <td align="right" valign="top" width="12%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2.70</font></div>
            </td>
            <td align="right" valign="top" width="6%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1.19</font></div>
            </td>
            <td align="right" valign="top" width="6%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">227</font></div>
            </td>
            <td align="right" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&gt;1</font></div>
            </td>
            <td align="right" valign="top" width="9%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&gt;1</font></div>
            </td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="top" width="25%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">San
                Gonzalo Vein Hanging Wall Zone</font></div>
            </td>
            <td align="right" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">357.3</font></div>
            </td>
            <td align="right" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">362.15</font></div>
            </td>
            <td align="right" valign="top" width="12%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">4.85</font></div>
            </td>
            <td align="right" valign="top" width="6%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">0.64</font></div>
            </td>
            <td align="right" valign="top" width="6%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">343.2</font></div>
            </td>
            <td align="right" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">0.36</font></div>
            </td>
            <td align="right" valign="top" width="9%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">0.63</font></div>
            </td>
          </tr>
          <tr>
            <td align="left" valign="top" width="25%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">San
                Gonzalo Vein Foot Wall Zone</font></div>
            </td>
            <td align="right" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">372.65</font></div>
            </td>
            <td align="right" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">375.05</font></div>
            </td>
            <td align="right" valign="top" width="12%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2.4</font></div>
            </td>
            <td align="right" valign="top" width="6%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2.41</font></div>
            </td>
            <td align="right" valign="top" width="6%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">712.4</font></div>
            </td>
            <td align="right" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">0.5</font></div>
            </td>
            <td align="right" valign="top" width="9%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">0.13</font></div>
            </td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="top" width="25%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>SG-07-02</strong></font></div>
            </td>
            <td valign="top" width="7%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="top" width="7%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="top" width="6%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="top" width="6%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="top" width="7%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="top" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="top" width="25%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">San
                Gonzalo Vein Hanging Wall Zone</font></div>
            </td>
            <td align="right" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">214.65</font></div>
            </td>
            <td align="right" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">219.10</font></div>
            </td>
            <td align="right" valign="top" width="12%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">4.45</font></div>
            </td>
            <td align="right" valign="top" width="6%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">6.11</font></div>
            </td>
            <td align="right" valign="top" width="6%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">583.8</font></div>
            </td>
            <td align="right" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1.4</font></div>
            </td>
            <td align="right" valign="top" width="9%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2.54</font></div>
            </td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="top" width="25%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>SG-07-03</strong></font></div>
            </td>
            <td valign="top" width="7%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="top" width="7%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="top" width="6%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="top" width="6%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="top" width="7%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="top" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="top" width="25%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">San
                Gonzalo Vein</font></div>
            </td>
            <td align="right" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">187.45</font></div>
            </td>
            <td align="right" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">188.70</font></div>
            </td>
            <td align="right" valign="top" width="12%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1.25</font></div>
            </td>
            <td align="right" valign="top" width="6%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">3.57</font></div>
            </td>
            <td align="right" valign="top" width="6%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">341</font></div>
            </td>
            <td align="right" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">0.6</font></div>
            </td>
            <td align="right" valign="top" width="9%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">0.87</font></div>
            </td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="top" width="25%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>SG-07-04</strong></font></div>
            </td>
            <td valign="top" width="7%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="top" width="7%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="top" width="6%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="top" width="6%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="top" width="7%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="top" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="top" width="25%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Santiago
                Vein</font></div>
            </td>
            <td align="right" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">18.55</font></div>
            </td>
            <td align="right" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">25.00</font></div>
            </td>
            <td align="right" valign="top" width="12%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">6.45</font></div>
            </td>
            <td align="right" valign="top" width="6%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">0.21</font></div>
            </td>
            <td align="right" valign="top" width="6%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">364</font></div>
            </td>
            <td align="right" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">NS*</font></div>
            </td>
            <td align="right" valign="top" width="9%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">NS*</font></div>
            </td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="top" width="25%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;&#160;&#160;Includes)</font></div>
            </td>
            <td align="right" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">20.85</font></div>
            </td>
            <td align="right" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">21.9</font></div>
            </td>
            <td align="right" valign="top" width="12%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1.05</font></div>
            </td>
            <td align="right" valign="top" width="6%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">0.29</font></div>
            </td>
            <td align="right" valign="top" width="6%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">990</font></div>
            </td>
            <td align="right" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">0.21</font></div>
            </td>
            <td align="right" valign="top" width="9%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">NS</font></div>
            </td>
          </tr>
          <tr>
            <td align="left" valign="top" width="25%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;&#160;&#160;Includes)</font></div>
            </td>
            <td align="right" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">21.90</font></div>
            </td>
            <td align="right" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">22.8</font></div>
            </td>
            <td align="right" valign="top" width="12%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">0.90</font></div>
            </td>
            <td align="right" valign="top" width="6%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">0.49</font></div>
            </td>
            <td align="right" valign="top" width="6%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">433</font></div>
            </td>
            <td align="right" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">0.16</font></div>
            </td>
            <td align="right" valign="top" width="9%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">NS</font></div>
            </td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="top" width="25%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">CFW</font></div>
            </td>
            <td align="right" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">258.75</font></div>
            </td>
            <td align="right" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">259.00</font></div>
            </td>
            <td align="right" valign="top" width="12%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">0.25</font></div>
            </td>
            <td align="right" valign="top" width="6%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2.66</font></div>
            </td>
            <td align="right" valign="top" width="6%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">114</font></div>
            </td>
            <td align="right" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">4.8</font></div>
            </td>
            <td align="right" valign="top" width="9%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">4.22</font></div>
            </td>
          </tr>
          <tr>
            <td align="left" valign="top" width="25%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>SG-07-05</strong></font></div>
            </td>
            <td valign="top" width="7%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="top" width="7%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="top" width="6%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="top" width="6%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="top" width="7%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="top" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="top" width="25%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Santiago
                Vein</font></div>
            </td>
            <td align="right" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">28.70</font></div>
            </td>
            <td align="right" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">31.80</font></div>
            </td>
            <td align="right" valign="top" width="12%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">3.10</font></div>
            </td>
            <td align="right" valign="top" width="6%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">0.49</font></div>
            </td>
            <td align="right" valign="top" width="6%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">201</font></div>
            </td>
            <td align="right" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">NS</font></div>
            </td>
            <td align="right" valign="top" width="9%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">NS</font></div>
            </td>
          </tr>
          <tr>
            <td align="left" valign="top" width="25%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;&#160;(Includes</font></div>
            </td>
            <td align="right" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">31.10</font></div>
            </td>
            <td align="right" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">31.80</font></div>
            </td>
            <td align="right" valign="top" width="12%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">0.70</font></div>
            </td>
            <td align="right" valign="top" width="6%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1.54</font></div>
            </td>
            <td align="right" valign="top" width="6%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">272</font></div>
            </td>
            <td align="right" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">NS</font></div>
            </td>
            <td align="right" valign="top" width="9%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">NS</font></div>
            </td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="top" width="25%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>SG-07-06</strong></font></div>
            </td>
            <td valign="top" width="7%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="top" width="7%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="top" width="6%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="top" width="6%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="top" width="7%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="top" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="top" width="25%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Santiago
                Vein</font></div>
            </td>
            <td align="right" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">24.80</font></div>
            </td>
            <td align="right" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">28.30</font></div>
            </td>
            <td align="right" valign="top" width="12%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">3.50</font></div>
            </td>
            <td align="right" valign="top" width="6%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">0.40</font></div>
            </td>
            <td align="right" valign="top" width="6%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">226</font></div>
            </td>
            <td align="right" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">NS</font></div>
            </td>
            <td align="right" valign="top" width="9%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">NS</font></div>
            </td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="top" width="25%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Cross
                Vein</font></div>
            </td>
            <td align="right" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">280.65</font></div>
            </td>
            <td align="right" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">280.90</font></div>
            </td>
            <td align="right" valign="top" width="12%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">0.25</font></div>
            </td>
            <td align="right" valign="top" width="6%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">0.50</font></div>
            </td>
            <td align="right" valign="top" width="6%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2,120</font></div>
            </td>
            <td align="right" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">7.82</font></div>
            </td>
            <td align="right" valign="top" width="9%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">NS</font></div>
            </td>
          </tr>
          <tr>
            <td align="left" valign="top" width="25%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">San
                Gonzalo Vein</font></div>
            </td>
            <td align="right" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">367.35</font></div>
            </td>
            <td align="right" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">371.5</font></div>
            </td>
            <td align="right" valign="top" width="12%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">3.85</font></div>
            </td>
            <td align="right" valign="top" width="6%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">0.10</font></div>
            </td>
            <td align="right" valign="top" width="6%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">11</font></div>
            </td>
            <td align="right" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">NS</font></div>
            </td>
            <td align="right" valign="top" width="9%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">NS</font></div>
            </td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="top" width="25%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>SG-07-07</strong></font></div>
            </td>
            <td valign="top" width="7%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="top" width="7%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="top" width="6%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="top" width="6%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="top" width="7%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="top" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="top" width="25%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">San
                Gonzalo Vein</font></div>
            </td>
            <td align="right" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">247.75</font></div>
            </td>
            <td align="right" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">250.35</font></div>
            </td>
            <td align="right" valign="top" width="12%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2.60</font></div>
            </td>
            <td align="right" valign="top" width="6%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2.85</font></div>
            </td>
            <td align="right" valign="top" width="6%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">351</font></div>
            </td>
            <td align="right" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1.04</font></div>
            </td>
            <td align="right" valign="top" width="9%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">0.6</font></div>
            </td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="top" width="25%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>SG-07-08</strong></font></div>
            </td>
            <td valign="top" width="7%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="top" width="7%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="top" width="6%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="top" width="6%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="top" width="7%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="top" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="top" width="25%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">San
                Gonzalo Vein</font></div>
            </td>
            <td align="right" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">62.95</font></div>
            </td>
            <td align="right" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">63.25</font></div>
            </td>
            <td align="right" valign="top" width="12%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">0.30</font></div>
            </td>
            <td align="right" valign="top" width="6%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">0.238</font></div>
            </td>
            <td align="right" valign="top" width="6%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">30.2</font></div>
            </td>
            <td align="right" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">662</font></div>
            </td>
            <td align="right" valign="top" width="9%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">5262</font></div>
            </td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="top" width="25%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">San
                Gonzalo Vein</font></div>
            </td>
            <td align="right" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">64.40</font></div>
            </td>
            <td align="right" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">64.90</font></div>
            </td>
            <td align="right" valign="top" width="12%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">0.50</font></div>
            </td>
            <td align="right" valign="top" width="6%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">0.470</font></div>
            </td>
            <td align="right" valign="top" width="6%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">10.9</font></div>
            </td>
            <td align="right" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">159</font></div>
            </td>
            <td align="right" valign="top" width="9%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1547</font></div>
            </td>
          </tr>
          <tr>
            <td align="left" valign="top" width="25%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">San
                Gonzalo Vein</font></div>
            </td>
            <td align="right" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">68.50</font></div>
            </td>
            <td align="right" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">68.90</font></div>
            </td>
            <td align="right" valign="top" width="12%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">0.40</font></div>
            </td>
            <td align="right" valign="top" width="6%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">0.225</font></div>
            </td>
            <td align="right" valign="top" width="6%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">43.7</font></div>
            </td>
            <td align="right" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">846</font></div>
            </td>
            <td align="right" valign="top" width="9%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">5056</font></div>
            </td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="top" width="25%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">San
                Gonzalo Vein</font></div>
            </td>
            <td align="right" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">70.20</font></div>
            </td>
            <td align="right" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">70.60</font></div>
            </td>
            <td align="right" valign="top" width="12%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">0.40</font></div>
            </td>
            <td align="right" valign="top" width="6%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">0.105</font></div>
            </td>
            <td align="right" valign="top" width="6%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">6</font></div>
            </td>
            <td align="right" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">132</font></div>
            </td>
            <td align="right" valign="top" width="9%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">642</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">*
      NS = No
      Significant Value</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Successful
      Drilling at San Gonzalo</strong></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      positive San Gonzalo results illustrate the excellent potential for new
      discoveries. Grades at San Gonzalo are generally higher than those of the Avino
      vein where most of the historic mining has occurred. We now have two drill
      rigs
      committed to the property. Once all assays have been received and assessed,
      a
      second phase of drilling will begin in the summer of 2007.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Induced
      Polarization and Drilling on Other New Zones</strong></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Exploration
      in 2006 and 2007 has included induced polarization (IP) surveys over broad
      areas
      of the property. The IP surveys easily identify areas of disseminated pyrite,
      which are associated with vein structures in the Avino district.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>The
      Avino Mine - Upgrading and Refurbishing</strong></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      Avino
      mill operated at an average rate of 1,130 tpd. Most of the infrastructure
      remains in place for an ongoing 1,000 tpd operation.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Independent
      Audit of the Plant&#8217;s Condition</strong></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">In
      September 2006, we commissioned an independent plant audit by Herb Osborne
      and
      Associates, a widely-recognized expert in process plant evaluations. They
      conducted a full review of the plant, including the condition of all equipment,
      the capacity of each circuit and plant efficiency.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Previous
      Concentrate Grades and Milling Costs</strong></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">They
      reported that the mill&#8217;s concentration ratio (weight) ranged from 2.5 to 3.5%,
      meaning that the 25-30 TPD of concentrate produced carried a grade of 20-25
      g/t
      Au, 2-4 Kg/t Ag and 22-24% Cu. Prior to shutdown the average cost was
      approximately US $16/ton and about US $7/ton for freight treatment and refining
      charges from the smelter. A new mining value cut-off grade was determined to
      be
      around US$30/ton, as compared with $23/ton in the past. This calculation was
      derived from a review of the historical production and financial
      figures.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Projected
      Time and Capital Costs to Re-Start</strong></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      report concluded that the process plant can be brought back into operation
      in as
      little as three months contingent upon the availability of operators and
      mechanics for about US$1 million. A more realistic schedule would be nine months
      to accommodate the time required to ready the mine for continuous production.
      Total capital expenditures to realize a 10-year operating plan were estimated
      at
      around US$3 million, with a reasonable valuation of the property as an operating
      entity at US$40 million.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      report also noted that the existing tailings pond is near capacity, but there
      is
      adequate space with reasonable gradients adjacent to the existing tailings
      to
      construct a new tailings area for approximately US$2 million. There is also
      adequate space for a future heap leach operation in previously disturbed
      ground.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>[PHOTO
      OF CORE SHACK UNDER CONSTRUCTION]</strong></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><em>A
      new
      core shack is now under construction.</em></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>[PHOTO
      OF BALL MILL AT THE AVINO MINE]</strong></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><em>Most
      of the mill equipment remains in place and in good condition.</em></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Total
      capital expenditures to realize a 10-year operating plan were estimated at
      US$3
      million.</font></div>
    <div><br></div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Canadian
      Projects</strong></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Minto:
      Drilling in 2006 &amp; 2007</strong></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Avino
      drilled four diamond core holes in 2006 to explore down dip extensions of gold
      bearing structures originally discovered in trenching on the Minto North Zone
      in
      1985. Drilling was highlighted by an 0.25m intersection in hole #MO-06-01 that
      graded 45.4 g/t Au (1.324 oz/ton). The next round of drilling began in spring
      of
      2007, from the Carpenter Lake lakebed.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Minto
      has
      been explored intermittently for over 60 years, and several gold and
      silver-bearing structures are known on the property. Between 1934 and 1940,
      the
      Minto Mine produced 17,558 ounces of gold and 50,582 ounces of silver from
      88,900 tons of ore.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Olympic:
      Investigating the Margarita Zone</strong></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Past
      drilling on the Margarita Zone has returned 24 g/t gold over 0.85 meters within
      a wider intersection of 8.2 g/t gold over 3.48 meters. The true width of this
      zone was estimated at 1.47 meters.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Aumax:
      High-Grade Silver Assays</strong></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      large
      Aumax Property, located 16 kilometers southwest of Lillooet, covers nearly
      10
      square kilometers. Prospecting since 1999 has resulted in high-grade silver
      and
      gold assays in soil, rock and trench samples. Silver values have ranged as
      high
      as 18 oz/ton with gold assays up to 0.30 oz/ton. Further exploration, now under
      evaluation, would include trenching and possible diamond drilling.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Eagle:
      Very High Grades on the Eagle Vein</strong></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Located
      in the historic Keno Hill District, the Eagle Property has produced very high
      assays for silver since exploration first occurred there in 1964. This discovery
      became known as the Eagle Vein, and it clearly justified further exploration.
      A
      study carried out in August 2002 recommended geochemical and geophysical
      exploration to examine the continuity of the Eagle Vein. Drilling and
      underground exploration would follow based on the success of the initial
      work.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>[PHOTO
      OF WORKER ON DIAMOND DRILLING RIG]</strong></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><em>Diamond
      drilling at Avino&#8217;s Minto Property near Gold Bridge, British
      Columbia</em></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">We
      drilled four holes at the Minto property in 2006, highlighted by an 0.25m
      intersection of 45.5 g/t Au (1.324 oz/ton).</font></div>
    <div><br></div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">&#160;</div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">&#160;</div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">&#160;</div>
      </div>
    </div>
    <div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>AVINO
        SILVER &amp; GOLD MINES LTD.</strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>MANAGEMENT'S
        DISCUSSION AND ANALYSIS</strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>FOR
        THE YEAR ENDED JANUARY 31, 2007</strong></font>
        <div>
          <hr style="COLOR: black" align="left" noshade size="1" width="100%">
        </div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
        following discussion and analysis of the operations, results and financial
        position of Avino Silver &amp; Gold Ltd. (the &#8220;Company&#8221;) for the year ended
        January 31, 2007 should be read in conjunction with the January 31, 2007
        Consolidated Financial Statements and the notes thereto. The effective date
        of
        this Management&#8217;s Discussion and Analysis (&#8220;MD&amp;A&#8221;) is June 6,
        2007.&#160;&#160;Additional information relating to the Company is available on
        SEDAR at www.sedar.com.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong><u>Forward
        Looking Statements</u></strong></font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Except
        for historical information, the MD&amp;A may contain forward looking statements.
        These statements involve known and unknown risks, uncertainties, and other
        factor that may cause the Company&#8217;s actual results, levels of activity,
        performance or achievements to be materially different from any future results,
        levels of activity, performance or achievement expressed or implied by these
        forward looking statements.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Business
        Description</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
        Company&#8217;s principal business activities are the exploration and development of
        mineral properties.&#160;&#160;The Company holds mineral claims in the Yukon and
        British Columbia.&#160;&#160;The Company also holds an 88.25% equity interest in
        Compania Minera Mexicana de Avino, S.A. de C.V. (&#8220;Cia Minera&#8221;), a Mexican
        corporation which owns the Avino Silver Mine, located in Durango, Mexico
        (&#8220;Avino
        Mine&#8221;).&#160;&#160;The Company is a reporting issuer in British Columbia and
        Alberta, a foreign issuer with the Securities &amp; Exchange Commission and
        trades on the TSX Venture Exchange under the symbol ASM, on the OTCBB under
        the
        symbol ASGMF and on the Berlin &amp; Frankfurt Stock Exchanges under the symbol
        GV6.&#160;&#160;In November 2006, the Company&#8217;s listing on the TSX Ventures
        Exchange was elevated to Tier 1 status.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Cia
        Minera</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">In
        April
        2006, Wardrop Engineering Inc. (&#8220;Wardrop&#8221;) completed the scoping study on
        Tailings Retreatment Process Options for the Avino Tailings Project in Durango,
        Mexico.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
        study
        concluded the oxide tailing is amenable to cyanidation with agglomerated
        heap
        leach as the method of choice followed by Merrill Crowe precipitation of
        the
        silver and gold. The sulphide tailings would require sampling and further
        metallurgical test work before a final assessment can be made.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
        preliminary evaluation of the oxide tailings suggested the capital cost for
        a
        500,000 ton per year, 4 year operation is US$16.2 million and the cost to
        operate per ton of tailings is US$8.64. Capital costs for a plant twice the
        size
        and half the life was US$22.7million. The internal rate of return and the
        net
        present value favoured the 4 year operation.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
        capital cost estimate includes a 25% contingency and it is based on new
        equipment. A reduction in capital cost can be accomplished with good used
        equipment.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">This
        disclosure of the implied values is preliminary in nature and includes inferred
        mineral resources that are considered to be too speculative geologically
        to have
        the economic considerations applied to them that would enable them to be
        categorised as mineral reserves, and that there is no certainty that the
        preliminary assessment will be realised.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
        heap
        leach process design in the study was based on a column test performed at
        PRA
        from a composite of samples from the lower and middle bench. These samples
        were
        collected and documented in the October 2005 report entitled &#8220;A Tailings
        Resource&#8221; by Minestart Management Inc. for whom the qualified person was Bryan
        Slim, MBA, P. Eng. Recovery of silver and gold from the column test was 73%
        silver and 78.9% gold respectively after 81 days.&#160;&#160;The study
        identified an inferred resource of 2,000,000 tonnes of 95 g/t silver and
        0.5 g/t
        gold for the oxide portion of the Avino mine tailings.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Mr.
        Rick
        Alexander P. Eng., an independent qualified person as defined by NI-43-101
        prepared the capital cost estimate and co-ordinated Wardrop&#8217;s work on the Avino
        Tailings Project.</font></div>
      <div><br></div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left">
          </div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
          </div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="2">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right">
          </div>
        </div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>AVINO
          SILVER &amp; GOLD MINES LTD.</strong></font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>MANAGEMENT'S
          DISCUSSION AND ANALYSIS</strong></font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>FOR
          THE YEAR ENDED JANUARY 31, 2007</strong></font>
          <div>
            <hr style="COLOR: black" align="left" noshade size="1" width="100%">
          </div>
          <div>&#160;</div>
        </div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">In
        July
        2006 the Company acquired control of Cia Minera through the acquisition of
        an
        additional 39.25% interest in Cia Minera that combined with the Company&#8217;s
        pre-existing 49% share of Cia Minera brought the Company&#8217;s ownership interest in
        Cia Minera to 88.25%.&#160;&#160;The additional 39.25% interest in Cia Minera
        was obtained through the acquisition of 76.88% of the common shares of Promotora
        Avino, S.A. De C.V. (&#8220;Promotora&#8221;) which owns 49.75% of Cia Minera&#8217;s common
        shares, and the direct acquisition of 1% of the common shares of Cia
        Minera.&#160;&#160;C&#237;a Minera owns 100% of the Avino Mine.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
        acquisition of control of Cia Minera was accomplished by a share exchange,
        whereby the Company issued 3,164,702 shares as consideration for the purchase
        of
        the additional 39.25% interest in Cia Minera.&#160;&#160;The shares issued as
        consideration are valued according to the July 17, 2006 closing market price
        per
        share of $2.28.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Cia
        Minera leases four core mineral claims in consideration for royalties. The
        lessor is currently contesting the underlying royalty agreement, and has
        filed a
        legal action claiming royalties are owing from prior years in the approximate
        amount $3,487,223 (denominated in Mexican pesos $32,651,905) plus interest.
        The
        Company has accrued $738,302 (denominated in Mexican pesos $6,912,940) on
        account of the royalties owing. Cia Minera has held the position that it
        has
        fully provided for the royalty liability in its accounts and continues to
        contest the action in court, however, negotiations are being held as both
        parties are working towards an amicable settlement.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">In
        December 2006, the Company announced results of the first 6 diamond core
        drill
        holes exploring the Avino silver, gold and copper deposit at its wholly owned
        property 80 km northeast of Durango, Mexico.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Avino
        operated the mine from 1976 to 2001 when closure was caused by low silver,
        gold
        and copper prices and the local smelter closing for toll
        processing.&#160;&#160;The 2006 drill program was designed to test for
        continuity down dip below the existing workings of the three principal areas
        of
        mineralization (San Luis, Elena-Tolosa, and Chirumbo). The Avino vein system
        strikes principally east west over 1.2 km and dips south at 60 -
        70&#730;.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
        initial hole CH-06-03 intersected the Avino vein system 180 m below the original
        Chirumbo workings.&#160;&#160;The hole intersected both the main Vein/Breccia
        zone and the footwall breccias as follows:</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">CH-06-03<strong>&#160;</strong>Azimuth
        340&#730; Dip - 50&#730; length 453.75 m</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Avino
        Vein 182.8 &#8211; 194.8 m, (12 m), 32.61 g/t Ag, 0.29% Cu</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Footwall
        Breccia 204.8 m &#8211; 216.8 m, (12 m), 52.41 g/t Ag, 0.31% Cu</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(Down
        Hole Lengths)&#160;&#160;True widths are not known.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
        four
        holes ET-06-01, 02, 03, 04 explored the down dip and down plunge, extension
        of
        the main ore shoot (Elena-Tolosa) on which most underground mining has occurred
        in the past.&#160;&#160;Holes ET-06-01 and ET-06-02 intersected the Avino Vein
        System approximately 40 m below Level 11 &#189; (the last level in production when
        the mine closed in November 2001).&#160;&#160;Holes ET-06-03 and ET-06-04
        intersected the ore-zone approximately 180 m below Level 11
&#189;.&#160;&#160;Results from the four holes were as follows:</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(All
        lengths are down hole) True widths are not known.</font></div>
      <div><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" id="list" width="100%">

            <tr valign="top">
              <td align="right" style="WIDTH: 36pt">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Symbol, serif">&#183;&#160;&#160;</font></div>
              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">ET-06-01&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;AZ
                  340&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Dip
                  &#8211;
                  50&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Length
                  431.2 m</font></div>
              </td>
            </tr>

        </table>
      </div>
      <div>
        <table cellpadding="0" cellspacing="0" id="list" width="100%">

            <tr valign="top">
              <td align="right" style="WIDTH: 72pt">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">o&#160;&#160;</font></div>
              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Avino
                  Vein 401.25 &#8211; 415.90 (14.65 m) 26.33 g/t Ag, 0.29%
                  Cu</font></div>
              </td>
            </tr>

        </table>
      </div>
      <div>
        <table cellpadding="0" cellspacing="0" id="list" width="100%">

            <tr valign="top">
              <td align="right" style="WIDTH: 72pt">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">o&#160;&#160;</font></div>
              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(Intersects
                  west of the ET shoot and is below ore grade but it contains 409.80
&#8211;
                  411.85, 2.05 m, 109 g/t Ag, 0.5% Cu</font></div>
              </td>
            </tr>

        </table>
      </div>
      <div><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" id="list" width="100%">

            <tr valign="top">
              <td align="right" style="WIDTH: 36pt">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Symbol, serif">&#183;&#160;&#160;</font></div>
              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">ET-06-02&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;AZ
                  340&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Dip
                  &#8211;
                  50&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Length
                  416.70 m</font></div>
              </td>
            </tr>

        </table>
      </div>
      <div>
        <table cellpadding="0" cellspacing="0" id="list" width="100%">

            <tr valign="top">
              <td align="right" style="WIDTH: 72pt">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">o&#160;&#160;</font></div>
              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Avino
                  Vein 375.80 &#8211; 392.80 (17 m) 35.13 g/t Ag, 0.43%
                  Cu</font></div>
              </td>
            </tr>

        </table>
      </div>
      <div><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" id="list" width="100%">

            <tr valign="top">
              <td align="right" style="WIDTH: 36pt">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Symbol, serif">&#183;&#160;&#160;</font></div>
              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">ET-06-03&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;AZ
                  340&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Dip
                  &#8211;
                  50&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Length
                  421.15 m</font></div>
              </td>
            </tr>

        </table>
      </div>
      <div>
        <table cellpadding="0" cellspacing="0" id="list" width="100%">

            <tr valign="top">
              <td align="right" style="WIDTH: 72pt">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">o&#160;&#160;</font></div>
              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Avino
                  Vein 368.25 &#8211; 386.65 (18.4 m) 0.18 g/t Au, 90 g/t Ag, 0.8%
                  Cu</font></div>
              </td>
            </tr>

        </table>
      </div>
      <div><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" id="list" width="100%">

            <tr valign="top">
              <td align="right" style="WIDTH: 36pt">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Symbol, serif">&#183;&#160;&#160;</font></div>
              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">ET-06-04&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;AZ
                  340&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Dip
                  &#8211;
                  50&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Length
                  444.05 m</font></div>
              </td>
            </tr>

        </table>
      </div>
      <div>
        <table cellpadding="0" cellspacing="0" id="list" width="100%">

            <tr valign="top">
              <td align="right" style="WIDTH: 72pt">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">o&#160;&#160;</font></div>
              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Avino
                  Vein 318.5 &#8211; 339.5 (21 m) 0.24 g/t Au, 89.4 g/t Ag, 1.12%
                  Cu</font></div>
              </td>
            </tr>

        </table>
      </div>
      <div>
        <table cellpadding="0" cellspacing="0" id="list" width="100%">

            <tr valign="top">
              <td align="right" style="WIDTH: 72pt">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">o&#160;&#160;</font></div>
              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Includes
                  318.45 &#8211; 321-45 m (3 m) 0.14 g/t Au, 238 g/t Ag, 0.73%
                  Cu</font></div>
              </td>
            </tr>

        </table>
      </div>
      <div><br></div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left">
          </div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
          </div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="2">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right">
          </div>
        </div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>AVINO
          SILVER &amp; GOLD MINES LTD.</strong></font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>MANAGEMENT'S
          DISCUSSION AND ANALYSIS</strong></font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>FOR
          THE YEAR ENDED JANUARY 31, 2007</strong></font>
          <div>
            <hr style="COLOR: black" align="left" noshade size="1" width="100%">
          </div>
        </div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Hole
        SL-06-01 was drilled below the San Luis workings at the western end of the
        Avino
        Vein System.&#160;&#160;Details were as follows:</font></div>
      <div><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" id="list" width="100%">

            <tr valign="top">
              <td align="right" style="WIDTH: 36pt">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Symbol, serif">&#183;&#160;&#160;</font></div>
              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">SL-06-01
                  Azimuth 000 Dip - 90&#730;, Length 219.2
                  m</font></div>
              </td>
            </tr>

        </table>
      </div>
      <div>
        <table cellpadding="0" cellspacing="0" id="list" width="100%">

            <tr valign="top">
              <td align="right" style="WIDTH: 72pt">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">o&#160;&#160;</font></div>
              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Avino
                  Vein 130.90 &#8211; 155.95 (25.05 m)</font></div>
              </td>
            </tr>

        </table>
      </div>
      <div>
        <table cellpadding="0" cellspacing="0" id="list" width="100%">

            <tr valign="top">
              <td align="right" style="WIDTH: 72pt">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">o&#160;&#160;</font></div>
              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">1.42
                  g/t Au, 40.1 g/t Ag, 0.31% Cu</font></div>
              </td>
            </tr>

        </table>
      </div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Drill
        core from the holes was assayed by Inspectorate Labs at their facilities
        in
        Durango Mexico and Sparks Nevada U.S.A.&#160;&#160;The assay methods were gold
        (Au) fire assay with AA finish, silver (Ag) fire assay with gravimetric finish
        and copper (Cu) by 30 element ICP package.&#160;&#160;Sampling procedures, chain
        of custody etc. are compliant with NI 43-101.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>The
        drilling was supervised by Chris J. Sampson, P. Eng., a Qualified Person
        under
        National Instrument 43-101.</strong></font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Subsequent
        to the year end, the Company announced the results of a seven hole diamond
        drill
        program on the San Gonzalo gold, silver, lead, zinc structure situated 2
        km
        northeast of its former producing Avino mine (1976 &#8211; 2001).</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
        San
        Gonzalo structure strikes northwest/southeast and dips very steeply (85-90&#176;)
        towards the southwest.&#160;&#160;The principal intersections are:</font></div>
      <div><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" width="100%">

            <tr>
              <td align="left" valign="bottom" width="23%" style="BORDER-TOP: black 0.5pt solid; BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>Vein
                  or Structure</strong></font></div>
              </td>
              <td align="justify" valign="top" width="8%" style="BORDER-TOP: black 0.5pt solid; BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>From</strong></font></div>
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>(metres)</strong></font></div>
              </td>
              <td align="justify" valign="top" width="8%" style="BORDER-TOP: black 0.5pt solid; BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>To</strong></font></div>
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>(metres)</strong></font></div>
              </td>
              <td align="left" valign="bottom" width="14%" style="BORDER-TOP: black 0.5pt solid; BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>Down
                  Hole Lengths (m)</strong></font></div>
              </td>
              <td align="justify" valign="top" width="6%" style="BORDER-TOP: black 0.5pt solid; BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>Au</strong></font></div>
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>(g/t)</strong></font></div>
              </td>
              <td align="justify" valign="top" width="7%" style="BORDER-TOP: black 0.5pt solid; BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>Ag</strong></font></div>
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>(g/t)</strong></font></div>
              </td>
              <td align="justify" valign="bottom" width="7%" style="BORDER-TOP: black 0.5pt solid; BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>Pb%</strong></font></div>
              </td>
              <td align="justify" valign="bottom" width="7%" style="BORDER-TOP: black 0.5pt solid; BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>Zn(%)</strong></font></div>
              </td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="top" width="23%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Hole
                  SG-07-01</font></div>
              </td>
              <td valign="top" width="8%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
              </td>
              <td valign="top" width="8%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td valign="top" width="14%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td valign="top" width="6%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
              </td>
              <td valign="top" width="7%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
              </td>
              <td valign="top" width="7%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td valign="top" width="7%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
              </td>
            </tr>
            <tr>
              <td align="left" valign="top" width="23%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Santiago
                  Vein</font></div>
              </td>
              <td align="right" valign="top" width="8%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">147.0</font></div>
              </td>
              <td align="right" valign="top" width="8%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">149.7</font></div>
              </td>
              <td align="right" valign="top" width="14%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2.70</font></div>
              </td>
              <td align="right" valign="top" width="6%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1.19</font></div>
              </td>
              <td align="right" valign="top" width="7%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">227</font></div>
              </td>
              <td align="right" valign="top" width="7%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&gt;
                  1%</font></div>
              </td>
              <td align="right" valign="top" width="7%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&gt;
                  1%</font></div>
              </td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="top" width="23%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">San
                  Gonzalo Vein Hanging Wall Zone</font></div>
              </td>
              <td align="right" valign="top" width="8%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">357.3</font></div>
              </td>
              <td align="right" valign="top" width="8%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">362.15</font></div>
              </td>
              <td align="right" valign="top" width="14%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">4.85</font></div>
              </td>
              <td align="right" valign="top" width="6%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">0.64</font></div>
              </td>
              <td align="right" valign="top" width="7%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">343.2</font></div>
              </td>
              <td align="right" valign="top" width="7%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">0.36%</font></div>
              </td>
              <td align="right" valign="top" width="7%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">0.63%</font></div>
              </td>
            </tr>
            <tr>
              <td align="left" valign="top" width="23%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">San
                  Gonzalo Vein Foot Wall Zone</font></div>
              </td>
              <td align="right" valign="top" width="8%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">372.65</font></div>
              </td>
              <td align="right" valign="top" width="8%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">375.05</font></div>
              </td>
              <td align="right" valign="top" width="14%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2.4</font></div>
              </td>
              <td align="right" valign="top" width="6%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2.41</font></div>
              </td>
              <td align="right" valign="top" width="7%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">712.4</font></div>
              </td>
              <td align="right" valign="top" width="7%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">0.5%</font></div>
              </td>
              <td align="right" valign="top" width="7%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">0.13%</font></div>
              </td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="top" width="23%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Hole
                  SG-07-02</font></div>
              </td>
              <td valign="top" width="8%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
              </td>
              <td valign="top" width="8%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
              </td>
              <td valign="top" width="14%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
              </td>
              <td valign="top" width="6%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
              </td>
              <td valign="top" width="7%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
              </td>
              <td valign="top" width="7%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td valign="top" width="7%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            </tr>
            <tr>
              <td align="left" valign="top" width="23%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">San
                  Gonzalo Vein Hanging Wall Zone</font></div>
              </td>
              <td align="right" valign="top" width="8%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">214.65</font></div>
              </td>
              <td align="right" valign="top" width="8%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">219.10</font></div>
              </td>
              <td align="right" valign="top" width="14%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">4.45</font></div>
              </td>
              <td align="right" valign="top" width="6%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">6.11</font></div>
              </td>
              <td align="right" valign="top" width="7%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">583.8</font></div>
              </td>
              <td align="right" valign="top" width="7%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1.4</font></div>
              </td>
              <td align="right" valign="top" width="7%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2.54</font></div>
              </td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="top" width="23%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">San
                  Gonzalo Vein Foot Wall Zone</font></div>
              </td>
              <td align="right" valign="top" width="8%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">252.65</font></div>
              </td>
              <td align="right" valign="top" width="8%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">256.00</font></div>
              </td>
              <td align="right" valign="top" width="14%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">3.35</font></div>
              </td>
              <td align="right" valign="top" width="6%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">6.91</font></div>
              </td>
              <td align="right" valign="top" width="7%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">21.1</font></div>
              </td>
              <td align="right" valign="top" width="7%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1.55</font></div>
              </td>
              <td align="right" valign="top" width="7%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2.33</font></div>
              </td>
            </tr>
            <tr>
              <td align="left" valign="top" width="23%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Hole
                  SG-07-03</font></div>
              </td>
              <td valign="top" width="8%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
              </td>
              <td valign="top" width="8%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
              </td>
              <td valign="top" width="14%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
              </td>
              <td valign="top" width="6%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
              </td>
              <td valign="top" width="7%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
              </td>
              <td valign="top" width="7%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
              </td>
              <td valign="top" width="7%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
              </td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="top" width="23%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">San
                  Gonzalo Vein</font></div>
              </td>
              <td align="right" valign="top" width="8%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">187.45</font></div>
              </td>
              <td align="right" valign="top" width="8%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">188.70</font></div>
              </td>
              <td align="right" valign="top" width="14%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1.25</font></div>
              </td>
              <td align="right" valign="top" width="6%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">3.57</font></div>
              </td>
              <td align="right" valign="top" width="7%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">341</font></div>
              </td>
              <td align="right" valign="top" width="7%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">0.6</font></div>
              </td>
              <td align="right" valign="top" width="7%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">0.87</font></div>
              </td>
            </tr>
            <tr>
              <td align="left" valign="top" width="23%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Hole
                  SG-07-04</font></div>
              </td>
              <td valign="top" width="8%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
              </td>
              <td valign="top" width="8%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td valign="top" width="14%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
              </td>
              <td valign="top" width="6%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
              </td>
              <td valign="top" width="7%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
              </td>
              <td valign="top" width="7%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
              </td>
              <td valign="top" width="7%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
              </td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="top" width="23%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Santiago
                  Vein</font></div>
              </td>
              <td align="right" valign="top" width="8%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">18.55</font></div>
              </td>
              <td align="right" valign="top" width="8%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">25.00</font></div>
              </td>
              <td align="right" valign="top" width="14%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">6.45</font></div>
              </td>
              <td align="right" valign="top" width="6%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">0.21</font></div>
              </td>
              <td align="right" valign="top" width="7%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">364</font></div>
              </td>
              <td align="right" valign="top" width="7%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">NS</font></div>
              </td>
              <td align="right" valign="top" width="7%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">NS</font></div>
              </td>
            </tr>
            <tr>
              <td align="left" valign="top" width="23%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(includes)</font></div>
              </td>
              <td align="right" valign="top" width="8%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">20.85</font></div>
              </td>
              <td align="right" valign="top" width="8%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">21.9</font></div>
              </td>
              <td align="right" valign="top" width="14%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1.05</font></div>
              </td>
              <td align="right" valign="top" width="6%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">0.29</font></div>
              </td>
              <td align="right" valign="top" width="7%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">990</font></div>
              </td>
              <td align="right" valign="top" width="7%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">0.21</font></div>
              </td>
              <td align="right" valign="top" width="7%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">NS</font></div>
              </td>
            </tr>
            <tr bgcolor="#cceeff">
              <td valign="top" width="23%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="right" valign="top" width="8%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">21.90</font></div>
              </td>
              <td align="right" valign="top" width="8%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">22.8</font></div>
              </td>
              <td align="right" valign="top" width="14%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">0.90</font></div>
              </td>
              <td align="right" valign="top" width="6%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">0.49</font></div>
              </td>
              <td align="right" valign="top" width="7%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">433</font></div>
              </td>
              <td align="right" valign="top" width="7%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">0.16</font></div>
              </td>
              <td align="right" valign="top" width="7%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">NS</font></div>
              </td>
            </tr>
            <tr>
              <td align="left" valign="top" width="23%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Cross
                  Vein</font></div>
              </td>
              <td align="right" valign="top" width="8%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">31.00</font></div>
              </td>
              <td align="right" valign="top" width="8%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">34.05</font></div>
              </td>
              <td align="right" valign="top" width="14%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">3.05</font></div>
              </td>
              <td align="right" valign="top" width="6%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">0.18</font></div>
              </td>
              <td align="right" valign="top" width="7%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">86</font></div>
              </td>
              <td align="right" valign="top" width="7%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">0.17</font></div>
              </td>
              <td align="right" valign="top" width="7%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">NS</font></div>
              </td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="top" width="23%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">San
                  Gonzalo HW</font></div>
              </td>
              <td align="right" valign="top" width="8%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">248.15</font></div>
              </td>
              <td align="right" valign="top" width="8%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">249.25</font></div>
              </td>
              <td align="right" valign="top" width="14%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1.10</font></div>
              </td>
              <td align="right" valign="top" width="6%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">0.43</font></div>
              </td>
              <td align="right" valign="top" width="7%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">58</font></div>
              </td>
              <td align="right" valign="top" width="7%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">0.25</font></div>
              </td>
              <td align="right" valign="top" width="7%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">0.26</font></div>
              </td>
            </tr>
            <tr>
              <td align="left" valign="top" width="23%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">FW</font></div>
              </td>
              <td align="right" valign="top" width="8%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">258.75</font></div>
              </td>
              <td align="right" valign="top" width="8%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">259.00</font></div>
              </td>
              <td align="right" valign="top" width="14%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">0.25</font></div>
              </td>
              <td align="right" valign="top" width="6%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2.66</font></div>
              </td>
              <td align="right" valign="top" width="7%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">114</font></div>
              </td>
              <td align="right" valign="top" width="7%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">4.8</font></div>
              </td>
              <td align="right" valign="top" width="7%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">4.22</font></div>
              </td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="top" width="23%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Hole
                  SG-07-05</font></div>
              </td>
              <td valign="top" width="8%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
              </td>
              <td valign="top" width="8%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
              </td>
              <td valign="top" width="14%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
              </td>
              <td valign="top" width="6%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
              </td>
              <td valign="top" width="7%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
              </td>
              <td valign="top" width="7%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
              </td>
              <td valign="top" width="7%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
              </td>
            </tr>
            <tr>
              <td align="left" valign="top" width="23%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Santiago
                  Vein</font></div>
              </td>
              <td align="right" valign="top" width="8%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">28.70</font></div>
              </td>
              <td align="right" valign="top" width="8%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">31.80</font></div>
              </td>
              <td align="right" valign="top" width="14%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">3.10</font></div>
              </td>
              <td align="right" valign="top" width="6%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">0.49</font></div>
              </td>
              <td align="right" valign="top" width="7%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">201</font></div>
              </td>
              <td align="right" valign="top" width="7%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">NS</font></div>
              </td>
              <td align="right" valign="top" width="7%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">NS</font></div>
              </td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="top" width="23%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Includes</font></div>
              </td>
              <td align="right" valign="top" width="8%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">31.10</font></div>
              </td>
              <td align="right" valign="top" width="8%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">31.80</font></div>
              </td>
              <td align="right" valign="top" width="14%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">0.70</font></div>
              </td>
              <td align="right" valign="top" width="6%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1.54</font></div>
              </td>
              <td align="right" valign="top" width="7%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">272</font></div>
              </td>
              <td align="right" valign="top" width="7%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">NS</font></div>
              </td>
              <td align="right" valign="top" width="7%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">NS</font></div>
              </td>
            </tr>
            <tr>
              <td align="left" valign="top" width="23%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Hole
                  SG-07-06</font></div>
              </td>
              <td valign="top" width="8%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
              </td>
              <td valign="top" width="8%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
              </td>
              <td valign="top" width="14%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
              </td>
              <td valign="top" width="6%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
              </td>
              <td valign="top" width="7%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
              </td>
              <td valign="top" width="7%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
              </td>
              <td valign="top" width="7%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
              </td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="top" width="23%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Santiago
                  Vein</font></div>
              </td>
              <td align="right" valign="top" width="8%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">24.80</font></div>
              </td>
              <td align="right" valign="top" width="8%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">28.30</font></div>
              </td>
              <td align="right" valign="top" width="14%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">3.50</font></div>
              </td>
              <td align="right" valign="top" width="6%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">0.40</font></div>
              </td>
              <td align="right" valign="top" width="7%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">226</font></div>
              </td>
              <td align="right" valign="top" width="7%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">NS</font></div>
              </td>
              <td align="right" valign="top" width="7%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">NS</font></div>
              </td>
            </tr>
            <tr>
              <td align="left" valign="top" width="23%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Cross
                  Vein</font></div>
              </td>
              <td align="right" valign="top" width="8%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">280.65</font></div>
              </td>
              <td align="right" valign="top" width="8%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">280.90</font></div>
              </td>
              <td align="right" valign="top" width="14%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">0.25</font></div>
              </td>
              <td align="right" valign="top" width="6%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">0.50</font></div>
              </td>
              <td align="right" valign="top" width="7%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2,120</font></div>
              </td>
              <td align="right" valign="top" width="7%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">7.82</font></div>
              </td>
              <td align="right" valign="top" width="7%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">NS</font></div>
              </td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="top" width="23%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">San
                  Gonzalo Vein</font></div>
              </td>
              <td align="right" valign="top" width="8%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">367.35</font></div>
              </td>
              <td align="right" valign="top" width="8%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">371.5</font></div>
              </td>
              <td align="right" valign="top" width="14%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">3.85</font></div>
              </td>
              <td align="right" valign="top" width="6%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">0.10</font></div>
              </td>
              <td align="right" valign="top" width="7%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">11</font></div>
              </td>
              <td align="right" valign="top" width="7%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">NS</font></div>
              </td>
              <td align="right" valign="top" width="7%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">NS</font></div>
              </td>
            </tr>
            <tr>
              <td align="left" valign="top" width="23%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Hole
                  SG-07-07</font></div>
              </td>
              <td valign="top" width="8%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
              </td>
              <td valign="top" width="8%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
              </td>
              <td valign="top" width="14%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
              </td>
              <td valign="top" width="6%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
              </td>
              <td valign="top" width="7%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
              </td>
              <td valign="top" width="7%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
              </td>
              <td valign="top" width="7%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
              </td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="top" width="23%" style="BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">San
                  Gonzalo Vein</font></div>
              </td>
              <td align="right" valign="top" width="8%" style="BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">247.75</font></div>
              </td>
              <td align="right" valign="top" width="8%" style="BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">250.35</font></div>
              </td>
              <td align="right" valign="top" width="14%" style="BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2.60</font></div>
              </td>
              <td align="right" valign="top" width="6%" style="BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2.85</font></div>
              </td>
              <td align="right" valign="top" width="7%" style="BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">351</font></div>
              </td>
              <td align="right" valign="top" width="7%" style="BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1.04</font></div>
              </td>
              <td align="right" valign="top" width="7%" style="BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">0.66</font></div>
              </td>
            </tr>

        </table>
      </div>
      <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><br></div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left">
          </div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
          </div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="2">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right">
          </div>
        </div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>AVINO
          SILVER &amp; GOLD MINES LTD.</strong></font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>MANAGEMENT'S
          DISCUSSION AND ANALYSIS</strong></font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>FOR
          THE YEAR ENDED JANUARY 31, 2007</strong></font>
          <div>
            <hr style="COLOR: black" align="left" noshade size="1" width="100%">
          </div>
        </div><br><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Sample
        lengths of the NQ drill core were diamond sawed into halves by mine staff
        and
        shipped to Inspectorate Labs in Durango, Mexico, for preparation into pulps
        and
        rejects.&#160;&#160;Pulps were analyzed at Inspectorate Labs in Sparks,
        Nevada.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Gold
        and
        silver were analyzed by fire assay using Aqua Regia Leach and AA
        finish.&#160;&#160;Other elements are reported from a 29 element I.C.P.
        package.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
        program was carried out under the supervision of Chris J. Sampson, P. Eng.,
        a
        qualified person under 43-101.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">In
        September 2006, the Company commissioned an independent plant audit by Herb
        Osborne and Associates, a widely recognized expert in process plant evaluations,
        to conduct a full review of the plant, including the condition of all equipment,
        the capacity of each circuit, and the efficiency of plant.&#160;&#160;The report
        was an order of magnitude cost estimate for the processing plant and is not
        NI
        43-101 compliant as it does not include underground development
        work.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
        Avino
        process plant was built initially in the 1970&#8217;s refurbished and capacity
        increased in 1993.&#160;&#160;Most of the infrastructure is in place for an
        ongoing 1000 TPD operation.&#160;&#160;Some of the buildings will require
        cleanup and repair and refurbishment.&#160;&#160;The plant was fully permitted
        but remains in temporary closure.&#160;&#160;Permits will have to be brought
        current.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">At
        the
        time of shutdown in 2001 with low commodity prices the mill was operating
        at an
        average rate of 1130 TPD.&#160;&#160;The concentration ratio (weight) ranged
        from 2.5 to 3.5% i.e. producing 25-30 TPD of concentrate at a 20-25 g/t Au,
        2-4
        Kg/t Ag and 22-24% Cu.&#160;&#160;Prior to shut down the average cost per ton
        milled was approximately US $16/ton and about US $7/ton for freight treatment
        and refining charges from the smelter.&#160;&#160;&#160;A new mining value cut
        off grade was determined to be around US $30/ton.&#160;&#160;This followed a
        review of the historical production and financial figures.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
        report concluded that the process plant can be brought back into operation
        in as
        little as three months contingent upon the availability of operators and
        mechanics for about US $1 million for an operating life of 5 to 10
        years.&#160;&#160;A more realistic schedule would be nine months to accommodate
        the time required to ready the mine for continuous production.&#160;&#160;The
        operating life of 5 to 10 years refers to the operating life of the processing
        plant after the capital expenditures and not the operating life of the mine.
        The
        Company has not completed a feasibility study and this should not be perceived
        as a projection.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
        report also concluded that the existing tailings pond is near capacity and
        that
        there is adequate space with reasonable gradients adjacent to the existing
        tailings to construct a new tailings area as well as space for a future heap
        leach operation on previously disturbed ground.&#160;&#160;Order of magnitude
        cost estimate for this tailings facility is based on a starter dam and
        monitoring devices necessary for a ten year life is a little over US $2
        million.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Total
        capital expenditure to achieve a 10 year operating plan is therefore estimated
        to be around US $3 million and a reasonable valuation of the property as
        an
        operating entity is US $40 million.&#160;&#160;The valuation of US $40 million
        by Herb Osborne and Associates is the construction value for a new 1,000
        TPD
        plant with new equipment and is not a value of the property as an operating
        entity.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
        Company is also considering dewatering the main trackless decline ramp in
        2007.&#160;&#160;This will allow access for development of underground workings
        and drilling to bring the ore blocks into NI 43-101 compliance.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">In
        December 2006, the Company contracted Peter E. Walcott and Associates to
        carry
        out a 80 km line deep penetrating IP Survey at its Avino property in
        Mexico.&#160;&#160;IP Geophysics will help identify drill targets for the
        upcoming year.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
        survey explored several areas of Avino&#8217;s extensive holdings in the
        district.&#160;&#160;Of particular interest was the Gap Zone between the former
        producing mine (1976 &#8211; 2001) and the Cerro San Jose area.&#160;&#160;In addition
        the area west of the former producing mine will be explored at
        depth.</font></div>
      <div><br></div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left">
          </div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
          </div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="2">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right">
          </div>
        </div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>AVINO
          SILVER &amp; GOLD MINES LTD.</strong></font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>MANAGEMENT'S
          DISCUSSION AND ANALYSIS</strong></font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>FOR
          THE YEAR ENDED JANUARY 31, 2007</strong></font>
          <div>
            <hr style="COLOR: black" align="left" noshade size="1" width="100%">
          </div>
        </div><br><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong><u>Olympic
        Property</u></strong></font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
        Olympic Property (the &#8220;Olympic Property&#8221;) consists of 20 reverted crown grants,
        one 15 unit mineral claim and three fractions totaling approximately 662.5
        hectares, located on the south side of Carpenter Lake, five kilometers northeast
        of Goldbridge in the Lillooet Mining Division, British Columbia, Canada,
        NTS
        092J15. The Olympic Property is owned 100% by the Company.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">No
        drilling on the Olympic Property was completed in 2006.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong><u>Minto
        Property</u></strong></font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
        Minto
        Property (the &#8220;Minto Property&#8221;) consists of 17 UTM cells covering 346.539
        hectares located on the north side of Carpenter Lake, five kilometers northeast
        of Goldbridge in the Lillooet Mining Division, British Columbia, Canada NTS
        092J15.&#160;&#160;The Minto Property is owned 100% by the Company.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">In
        December 2006, the Company announced the results of the 2006 drilling program
        on
        its Minto Property The four diamond core holes were drilled to explore down
        dip
        extensions of gold bearing structures originally discovered in trench 827
        on the
        Minto North Zone.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Holes
        MO-06-01 and 02 were drilled from a site approximately 10 m west of trench
        827.&#160;&#160;Hole MO-06-03 was drilled from a site approximately 2 m north
        and 7 m east of MO-06-01, 02. Hole MO-06-04 was drilled from the same
        set-up.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
        gold
        bearing structures consist of sets of parallel narrow (1-2 mm) fractures
        containing quartz, carbonate, grey sulphide veinlets.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
        four
        holes drilled ranged from 1.04 g/t to 45.4 g/t.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Drilling
        was conducted under the supervision of Chris J. Sampson, P. Eng., a qualified
        person under NI 43-101.&#160;&#160;Samples were assayed at Eco-Tech Laboratory
        Ltd., Kamloops, B.C., a certified assayer by fire assay with A.A.
        finish.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Results
        of Operations</strong></font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong><em>Three
        months ended January 31, 2007 compared with the three months ended January,
        31,
        2006.</em></strong></font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong><em>Operating
        and administrative expenses</em></strong></font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Operating
        and administrative expenses totaled $793,890 for the quarter ended January
        31,
        2007 compared with $455,756 for quarter ended January 31, 2006, an increase
        of
        $338,134.&#160;&#160;There were increases of $1,791 in amortization, $9,000 in
        management fees, $12,048 in office and miscellaneous, $36,242 in professional
        fees, $18,223 in salaries and benefits, $119,790 in shareholder and investor
        relations costs, $203,662 in stock-based compensation and $4,894 in travel
        and
        entertainment.&#160;&#160;The increase in office costs is a direct result of the
        consolidation with Cia Minera and the exploration activities taking place
        on the
        Mexican properties compared to the previous year where Cia Minera&#8217;s overhead was
        not consolidated with the Company&#8217;s and there was no exploration taking
        place.&#160;&#160;The professional fees were higher due primarily to increased
        audit fees.&#160;&#160;Besides needing Cia Minera&#8217;s operations audited by the
        Company&#8217;s British Columbia based auditors, audit fees have been increasing over
        past years due to evolving and more complex disclosure
        requirements.&#160;&#160;&#160;Shareholder and investor relations expenses were
        higher due to increased promotional efforts and investor relations service
        agreements that did not exist in the quarter ended January 31,
        2006.&#160;&#160;Management fees were higher due to an increase in compensation
        to the President of the Company.&#160;&#160;Travel costs were higher due to
        business associated with Cia Minera and more trade show
        participation.&#160;&#160;Reducing the impact of all these cost increases was a
        decrease of $26,688 in general exploration and $40,828 in regulatory and
        compliance fees.&#160;&#160;Regulatory and compliance fees were actually minimal
        for both comparative quarters, however the quarter ended January 31, 2007
        included a year end adjustment that reclassified some items as share issuance
        costs instead.&#160;&#160;The increase in general exploration is also due to a
        year end adjustment as opposed to actual costs incurred during the quarter
        ended
        January 31, 2007.</font></div>
      <div><br></div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left">
          </div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
          </div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="2">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right">
          </div>
        </div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>AVINO
          SILVER &amp; GOLD MINES LTD.</strong></font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>MANAGEMENT'S
          DISCUSSION AND ANALYSIS</strong></font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>FOR
          THE YEAR ENDED JANUARY 31, 2007</strong></font>
          <div>
            <hr style="COLOR: black" align="left" noshade size="1" width="100%">
          </div>
        </div><br><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong><em>Loss
        for the period</em></strong></font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
        loss
        for the quarter ended January 31, 2007 was $891,249 compared with a loss
        of
        $1,198,418 for the quarter ended January 31, 2006, a decrease of $307,169.
        Higher operating and administrative expenses in the recent quarter as discussed
        above were more than offset by other income and expenses. Because of the
        higher
        cash balance in the current quarter, interest income was $100,606 higher
        than
        the quarter ended January 31, 2006.&#160;&#160;Whereas expenditures concerning
        Cia Minera operations are now expensed as an operating item, the scoping
        and
        pre-feasibility expenditures in the quarter ended January 31, 2006 were
        classified as an other expense item and the amount for this period was $113,624
        compared to $nil in the current quarter.&#160;&#160;The quarter ending January
        31, 2006 also incurred other loss items that did not exist in the quarter
        ended
        January 31, 2007.&#160;&#160;These were write-downs to marketable securities and
        mineral properties of $217,000 and $103,242 respectively.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong><em>Twelve
        months ended January 31, 2007 compared with the twelve months ended
        January&#160;31, 2006.</em></strong></font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong><em>Operating
        and administrative expenses</em></strong></font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">General
        and administrative expenses totaled $4,014,734 for the year ended January
        31,
        2007 compared with $1,416,797 for the year ended January 31, 2006, an increase
        of $2,597,937. The largest individual expense increase for the period is
        due to
        the recognition of stock based compensation for options to
        employees.&#160;&#160;The amount charged to operations in the fiscal 2007 year
        was $2,860,603 compared to $725,125 in fiscal 2006, a difference of
        $2,135,478.&#160;&#160;The stock-based compensation is not a cash
        expense.&#160;&#160;It is the fair value attributed to the stock options granted
        in a particular period to employees and directors of the Company based on
        the
        Black-Scholes pricing model.&#160;&#160;In fiscal 2007, there were a higher
        number of options granted compared to the previous year, thus resulting in
        a
        higher stock-based compensation.&#160;&#160;Once the fair value of the stock
        options is determined, the amount is charged to operations along with a
        corresponding value applied to contributed surplus.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
        balance of the increase in operation and administrative costs for fiscal
        2007
        over fiscal 2006 is due to increases in amortization of $1,697, general
        exploration of $106,899, management fees of $27,000, office and miscellaneous
        costs of $26,484, regulatory and compliance fees of $12,726, salaries and
        benefits of $14,284, shareholder and investor relations of $267,476 and travel
        and entertainment of $19,457. The only reduction in operating and administrative
        expenses in fiscal 2007 was to professional fees for $13,564.&#160;&#160;The
        higher general exploration costs, management fees, office and miscellaneous
        costs, salaries and benefits and travel and entertainment expenses in fiscal
        2007 are due to the same reasons discussed above for the three month period
        comparison.&#160;&#160;Regulatory and compliance fees were higher in fiscal 2007
        due to the filing fees associated with the $10 million private
        placement.&#160;&#160;In regards to significantly higher shareholder and
        investor relations costs in fiscal 2007, part of the reason was increased
        promotional and advertising efforts and investor relations service agreements
        that did not exist in fiscal 2006.&#160;&#160;Another reason is that some
        investor relations service providers received more stock options in fiscal
        2007
        than fiscal 2006 as per terms of their agreements.&#160;&#160;As described above
        for stock-based compensation on options granted to employees and directors,
        the
        value of these options are determined in the same manner but instead are
        charged
        to shareholder and investor relations as the options become
        vested.&#160;&#160;Within the $464,806 in shareholder and investor relations
        expenses in fiscal 2007, $195,600 is for the stock options granted and not
        paid
        out in cash.&#160;&#160;In comparison, in fiscal 2006 the shareholder and
        investor relations expense included an amount of $103,981 that was due to
        the
        granting of stock options, a difference of $91,619.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong><em>Loss
        for the period</em></strong></font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Loss
        for
        the year ended January 31, 2007 was $3,648,539 compared with a loss of
        $2,369,724 for the year ended January 31, 2006, an increase of
        $1,278,815.&#160;&#160;This increase was due to larger operating and
        administrative expenses discussed above.&#160;&#160;One factor that reduced the
        overall loss in fiscal 2007 was an increase of $384,158 in interest income
        over
        fiscal 2006 which partially offset the increase in operating and administrative
        expenses.&#160;&#160;Other changes were an increase of $30,464 in foreign
        exchange losses in fiscal 2007 over fiscal 2006, and the year ended January
        31,
        2006 had several other expense items that were either not incurred or were
        much
        less in fiscal 2007.&#160;&#160;These were the write-downs of marketable
        securities and mineral properties and a significantly higher equity loss
        in Cia
        Minera that were noted earlier in the fourth quarter loss
        comparison.</font></div>
      <div><br></div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left">
          </div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
          </div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="2">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right">
          </div>
        </div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>AVINO
          SILVER &amp; GOLD MINES LTD.</strong></font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>MANAGEMENT'S
          DISCUSSION AND ANALYSIS</strong></font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>FOR
          THE YEAR ENDED JANUARY 31, 2007</strong></font>
          <div>
            <hr style="COLOR: black" align="left" noshade size="1" width="100%">
          </div>
          <div>&#160;</div>
          <div>&#160;</div>
        </div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong><u>Selected
        Annual Information</u></strong></font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
        following financial data is derived from the Company&#8217;s financial statements for
        the three most recently completed financial years:</font></div>
      <div><br></div>
      <div align="left">
        <table cellpadding="0" cellspacing="0" width="100%">

            <tr>
              <td valign="bottom" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>January
                  31, 2007</strong></font></div>
              </td>
              <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>January
                  31, 2006</strong></font></div>
              </td>
              <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>January
                  31, 2005</strong></font></div>
              </td>
              <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="bottom" width="64%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Total
                  revenues</font></div>
              </td>
              <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
              <td align="right" valign="bottom" width="9%">
                <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">-</font></div>
              </td>
              <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
              <td align="right" valign="bottom" width="9%">
                <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">-</font></div>
              </td>
              <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
              <td align="right" valign="bottom" width="9%">
                <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">-</font></div>
              </td>
              <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            </tr>
            <tr>
              <td align="left" valign="bottom" width="64%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Loss
                  before other items</font></div>
              </td>
              <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(4,014,734</font></td>
              <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
              <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(1,416,797</font></td>
              <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
              <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(506,039</font></td>
              <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="bottom" width="64%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Loss
                  for the year</font></div>
              </td>
              <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(3,648,539</font></td>
              <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
              <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(2,369,724</font></td>
              <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
              <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(814,710</font></td>
              <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            </tr>
            <tr>
              <td align="left" valign="bottom" width="64%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Loss
                  per share</font></div>
              </td>
              <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(0.20</font></td>
              <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
              <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(0.22</font></td>
              <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
              <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(0.08</font></td>
              <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="bottom" width="64%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Total
                  assets</font></div>
              </td>
              <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="right" valign="bottom" width="9%">
                <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">23,295,039</font></div>
              </td>
              <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="right" valign="bottom" width="9%">
                <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">3,901,160</font></div>
              </td>
              <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="right" valign="bottom" width="9%">
                <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">3,219,431</font></div>
              </td>
              <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            </tr>
            <tr>
              <td align="left" valign="bottom" width="64%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Total
                  liabilities</font></div>
              </td>
              <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="right" valign="bottom" width="9%">
                <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">3,789,083</font></div>
              </td>
              <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="right" valign="bottom" width="9%">
                <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">586,714</font></div>
              </td>
              <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="right" valign="bottom" width="9%">
                <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">341,174</font></div>
              </td>
              <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="bottom" width="64%" style="BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Working
                  capital</font></div>
              </td>
              <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">9,780,918</font></div>
              </td>
              <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2,871,446</font></div>
              </td>
              <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1,997,847</font></div>
              </td>
              <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            </tr>

        </table>
      </div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
        2006
        fiscal year saw the Company increase its working capital by attaining $1,748,827
        through issuing common shares on the exercising of stock options and warrants.
        The 2007 fiscal year saw the Company increase its working capital even more
        significantly by raising $10 million in cash through a private placement
        of 5
        million units at a price of $2.00 per unit.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">In
        addition to the working capital increasing significantly, total assets have
        increased from $3,901,160 in fiscal 2006 to $23,295,039 in fiscal 2007, an
        change of $19,393,879.&#160;&#160;This was the result of the cash raised through
        the private placement mentioned above and the acquisition of Cia
        Minera.&#160;&#160;Due to the acquisition, the mineral property carrying value
        on the books has increased by $9,525,575 and additional assets involving
        mine
        mill and processing plant and mine facilities, machinery and equipment has
        been
        added to the balance sheet for an amount of $996,964.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">In
        the
        fiscal year 2005 the Company had no long term debt whereas in 2006 there
        was a
        $342,596 obligation regarding Cia Minera.&#160;&#160;With the acquisition of
        control of Cia Minera, in 2007 the liabilities in Cia Minera are consolidated
        with the Company and are no longer reported as a separate obligation. The
        acquisition of control of Cia Minera did result in a different liability
        however
        and that was a future income tax liability of $2,335,999.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong><em>Summary
        of Quarterly Results</em></strong></font></div>
      <div><br></div>
      <div align="left">
        <table cellpadding="0" cellspacing="0" width="100%">

            <tr>
              <td valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td colspan="2" valign="bottom">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2007</strong></font></div>
              </td>
              <td align="left" nowrap valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td colspan="2" valign="bottom">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2006</strong></font></div>
              </td>
              <td align="left" nowrap valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td colspan="2" valign="bottom">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2006</strong></font></div>
              </td>
              <td align="left" nowrap valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td colspan="2" valign="bottom">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2006</strong></font></div>
              </td>
              <td align="left" nowrap valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td colspan="2" valign="bottom">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2006</strong></font></div>
              </td>
              <td align="left" nowrap valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td colspan="2" valign="bottom">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2005</strong></font></div>
              </td>
              <td align="left" nowrap valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td colspan="2" valign="bottom">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2005</strong></font></div>
              </td>
              <td align="left" nowrap valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td colspan="2" valign="bottom">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2005</strong></font></div>
              </td>
              <td align="left" nowrap valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            </tr>
            <tr>
              <td align="left" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
                <div>&#160;</div>
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>Period
                  ended</strong></font></div>
              </td>
              <td valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>Jan.
                  31</strong></font></div>
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>Q4</strong></font></div>
              </td>
              <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>Oct.
                  31</strong></font></div>
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>Q3</strong></font></div>
              </td>
              <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>Jul.
                  31</strong></font></div>
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>Q2</strong></font></div>
              </td>
              <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>Apr.
                  30</strong></font></div>
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>Q1</strong></font></div>
              </td>
              <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>Jan.
                  31</strong></font></div>
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>Q4</strong></font></div>
              </td>
              <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>Oct.
                  31</strong></font></div>
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>Q3</strong></font></div>
              </td>
              <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>Jul.
                  31</strong></font></div>
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>Q2</strong></font></div>
              </td>
              <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>Apr.
                  30</strong></font></div>
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>Q1</strong></font></div>
              </td>
              <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="bottom" width="20%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>Loss
                  for the period</strong></font></div>
              </td>
              <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
              <td align="right" valign="bottom" width="7%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(891,249</font></td>
              <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
              <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
              <td align="right" valign="bottom" width="7%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(141,156</font></td>
              <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
              <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
              <td align="right" valign="bottom" width="7%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(193,510</font></td>
              <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
              <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
              <td align="right" valign="bottom" width="7%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(2,422,624</font></td>
              <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
              <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
              <td align="right" valign="bottom" width="7%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(1,198,418</font></td>
              <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
              <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
              <td align="right" valign="bottom" width="7%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(265,074</font></td>
              <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
              <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
              <td align="right" valign="bottom" width="7%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(224,274</font></td>
              <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
              <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
              <td align="right" valign="bottom" width="7%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(681,958</font></td>
              <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            </tr>
            <tr>
              <td align="left" valign="bottom" width="20%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>Loss
                  per share</strong></font></div>
              </td>
              <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="right" valign="bottom" width="7%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(0.01</font></td>
              <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
              <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="right" valign="bottom" width="7%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(0.01</font></td>
              <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
              <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="right" valign="bottom" width="7%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(0.01</font></td>
              <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
              <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="right" valign="bottom" width="7%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(0.17</font></td>
              <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
              <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="right" valign="bottom" width="7%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(0.11</font></td>
              <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
              <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="right" valign="bottom" width="7%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(0.02</font></td>
              <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
              <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="right" valign="bottom" width="7%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(0.02</font></td>
              <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
              <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="right" valign="bottom" width="7%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(0.07</font></td>
              <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="bottom" width="20%" style="BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>Total
                  assets</strong></font></div>
              </td>
              <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="right" valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">23,295,039</font></div>
              </td>
              <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="right" valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">20,998,110</font></div>
              </td>
              <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="right" valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">21,229,527</font></div>
              </td>
              <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="right" valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">13,127,233</font></div>
              </td>
              <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="right" valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">3,901,160</font></div>
              </td>
              <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="right" valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2,815,603</font></div>
              </td>
              <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="right" valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2,826,958</font></div>
              </td>
              <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="right" valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">3,081,915</font></div>
              </td>
              <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            </tr>

        </table>
      </div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
        quarterly losses prior to January 31, 2006 were influenced by site assessment
        costs pertaining to Cia Minera including feasibility studies and associated
        overhead costs pertaining to traveling to Mexico on a frequent basis. Since
        the
        private placement in the current year, there has been more emphasis on
        shareholder and investor relations activities and company
        promotion.&#160;&#160;These activities in addition to an increase in costs
        related to the management of Cia Minera has caused quarterly expenses to
        exceed
        the periods prior to January 31, 2006.&#160;&#160;Higher interest revenue each
        quarter due to the Company carrying more cash has made the quarterly losses
        smaller in periods such as Q2-July 31, 2006 and Q3-October 31,
        2007.&#160;&#160;Stock-based compensation is one item that causes significant
        swings in the losses between quarters.&#160;&#160;Most notable impacts caused by
        stock-based compensation are in Q1-April 30, 2006 ($2,363,336) followed by
        Q1-April&#160;30, 2005 ($486,100), Q4-January 31, 2007 ($389,287), Q4-January
        31, 2006 ($185,625) and to a lesser degree it effects Q3-October 31, 2006
        ($53,990), Q2-July 31, 2006 ($53,990), Q3-October 31, 2005 ($53,400) and
        Q4-January 31, 2005 ($20,384).&#160;&#160;A factor that should work to reduce
        losses instead of adding to them is Cia Minera exploration costs that will
        now
        be capitalized instead of expensed.</font></div>
      <div><br></div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left">
          </div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
          </div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="2">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right">
          </div>
        </div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>AVINO
        SILVER &amp; GOLD MINES LTD.</strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>MANAGEMENT'S
        DISCUSSION AND ANALYSIS</strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>FOR
        THE YEAR ENDED JANUARY 31, 2007</strong></font>
        <div>
          <hr style="COLOR: black" align="left" noshade size="1" width="100%">
        </div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><br>&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Liquidity
        and Capital Resources</strong></font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">During
        the year ended January 31, 2007 the Company incurred expenditures that increased
        its mineral property carrying value on their British Columbian properties
        by
        $51,751 and $10,225,805 on their Mexican properties.&#160;&#160;At this time the
        Company has no operating revenues but did earn interest income of $430,231
        in
        fiscal 2007 compared to $46,073 in fiscal 2006.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">At
        January 31, 2007, the Company had working capital of $9,780,918 and cash
        and
        cash equivalents of $11,045,106.&#160;&#160;During the fiscal 2007 year, the
        Company raised gross proceeds of $10,000,000 through a private placement
        of
        5,000,000 shares at a price of $2.00 per share. The Company also raised proceeds
        of $585,866 from the exercising of 456,700 stock options and $3,125 from
        the
        exercising of 1,250 warrants.&#160;&#160;The Company is continuing its
        exploration programs in Mexico and British Columbia and the estimated drilling
        costs for the following year is $1,250,000 and $70,000
        respectively.&#160;&#160;The Company has sufficient cash on hand at this time to
        finance their planned exploration work on its mineral properties and maintain
        administrative operations through January 31, 2008.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
        Company is in the exploration stage until such time that the Avino mine is
        opened again. The investment in and expenditures on the mineral property
        comprise most of the Company&#8217;s assets along with a lesser asset amount in
        regards to the Avino mine facilities and equipment. The recoverability of
        amounts shown for its mineral property interest and related deferred costs
        and
        the Company&#8217;s ability to continue as a going concern is dependent upon the
        continued support from its directors, the discovery of economically recoverable
        reserves and the ability of the Company to obtain the financing necessary
        to
        complete development and achieve profitable operations in the future. The
        outcome of these matters cannot be predicted at this time.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Mineral
        exploration and development is capital extensive, and in order to re-commence
        operations at Cia Minera Mexicana de Avino, S.A. de C.V., the Company may
        be
        required to raise new equity capital in the future. There is no assurance
        that
        the Company will be successful in raising additional new equity
        capital.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Off-Balance
        Sheet Arrangements</strong></font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
        Company has no off-balance sheet arrangements.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong><u>Transactions
        with related parties</u></strong></font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">During
        the twelve months ended January 31, 2007, the Company paid, or made provision
        for the future payment, of the following amounts to related
        parties:</font></div>
      <div><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" id="list" width="100%">

            <tr valign="top">
              <td align="right" style="WIDTH: 72pt">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">i)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</font></div>
              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">$119,857
                  (2006 - $163,328; 2005 - $124,146) for administrative services
                  and
                  expenses to Oniva International Services Corp (&#8220;Oniva&#8221;), a private company
                  that is 16.67% owned by the Company and with the remaining 83.33%
                  shared
                  equally between five other companies that are related by common
                  directors
                  and management;</font></div>
              </td>
            </tr>

        </table>
      </div>
      <div><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" id="list" width="100%">

            <tr valign="top">
              <td align="right" style="WIDTH: 72pt">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">ii)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</font></div>
              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">$87,000
                  (2006 - $60,000; 2005 - $60,000) to a private company controlled
                  by the
                  President for management fees;</font></div>
              </td>
            </tr>

        </table>
      </div>
      <div><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" id="list" width="100%">

            <tr valign="top">
              <td align="right" style="WIDTH: 72pt">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">iii)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</font></div>
              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">$30,000
                  (2006 - $30,000; 2005 - $12,500) to a private company controlled
                  by a
                  Director of a related company for consulting
                  fees;</font></div>
              </td>
            </tr>

        </table>
      </div>
      <div><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" id="list" width="100%">

            <tr valign="top">
              <td align="right" style="WIDTH: 72pt">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">iv)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</font></div>
              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">$84,279
                  (2006 - $Nil; 2005 - $Nil) for investor relations services to National
                  Media Associates, a business significantly influenced by a Director
                  of the
                  Company.</font></div>
              </td>
            </tr>

        </table>
      </div>
      <div><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" id="list" width="100%">

            <tr valign="top">
              <td align="right" style="WIDTH: 72pt">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">v)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</font></div>
              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
                  Company paid or accrued $53,837 (2006 - $146,092; 2005 - $Nil)
                  to ABC
                  Drilling Services Inc. (&#8220;ABC Drilling&#8221;), a private company that is a 100%
                  owned subsidiary of Oniva for drilling services and $6,854 (2006
                  -
                  $20,433; 2005 - $Nil) to Bralorne Gold Mines Ltd., a public company
                  with
                  common directors and management, for exploration
                  services.</font></div>
              </td>
            </tr>

        </table>
      </div>
      <div><br></div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left">
          </div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
          </div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="2">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right">
          </div>
        </div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>AVINO
          SILVER &amp; GOLD MINES LTD.</strong></font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>MANAGEMENT'S
          DISCUSSION AND ANALYSIS</strong></font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>FOR
          THE YEAR ENDED JANUARY 31, 2007</strong></font>
          <div>
            <hr style="COLOR: black" align="left" noshade size="1" width="100%">
          </div>
          <div>&#160;</div>
          <div>&#160;</div>
        </div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">There
        is
        an amount due from a related party of $64,933 (2006 - $83,000) from ABC Drilling
        The amount due is non-interest bearing, unsecured and has no stated terms
        of
        repayment.&#160;&#160;The Company had also paid an exploration advance of
        $39,000 in a prior period of which the entire amount has been applied to
        drilling services performed during the current period.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Amounts
        due to related parties consist of $105 (2006 - $16,710) due to a private
        company
        controlled by a Director of the Company, $7,500 (2006 - $Nil) due to a directors
        and $133,919 (2006 - $161,563) due to Oniva.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">All
        related party transactions are recorded at the value agreed upon by the Company
        and the related party. The amounts due from and due to related parties are
        non-interest bearing, non-secured and with no stated terms of
        repayment.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong><u>Disclosure
        of Management Compensation</u></strong></font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">During
        the fiscal year ended January 31, 2007, $87,000 was paid to the President
        for
        services as director and officer of the Company and $11,191 was paid to the
        Secretary for services as an officer of the Company.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Changes
        in Accounting Policies</strong></font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 27pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">None.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Outstanding
        Share Data</strong></font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">At
        January 31, 2007 there were 20,584,727 common shares outstanding.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
        following is an analysis of outstanding share options:</font></div>
      <div><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" width="100%">

            <tr>
              <td valign="top" width="24%" style="BORDER-TOP: black 0.5pt solid; BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>Exercise
                  Price Per Share</strong></font></div>
              </td>
              <td valign="top" width="30%" style="BORDER-TOP: black 0.5pt solid; BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>Expiry
                  Date</strong></font></div>
              </td>
              <td valign="top" width="24%" style="BORDER-TOP: black 0.5pt solid; BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>Number
                  of Shares Remaining Subject to Options</strong></font></div>
              </td>
            </tr>
            <tr bgcolor="#cceeff">
              <td valign="top" width="24%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$1.20</font></div>
              </td>
              <td valign="top" width="30%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">October
                  21, 2008</font></div>
              </td>
              <td valign="top" width="24%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">41,800</font></div>
              </td>
            </tr>
            <tr>
              <td valign="top" width="24%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$1.35</font></div>
              </td>
              <td valign="top" width="30%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">April
                  5, 2010</font></div>
              </td>
              <td valign="top" width="24%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">262,000</font></div>
              </td>
            </tr>
            <tr bgcolor="#cceeff">
              <td valign="top" width="24%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$1.35</font></div>
              </td>
              <td valign="top" width="30%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">September
                  26, 2010</font></div>
              </td>
              <td valign="top" width="24%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">52,500</font></div>
              </td>
            </tr>
            <tr>
              <td valign="bottom" width="24%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$2.72</font></div>
              </td>
              <td valign="bottom" width="30%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">March
                  15, 2011</font></div>
              </td>
              <td valign="bottom" width="24%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">120,000</font></div>
              </td>
            </tr>
            <tr bgcolor="#cceeff">
              <td valign="bottom" width="24%" style="BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$3.99</font></div>
              </td>
              <td valign="bottom" width="30%" style="BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">April
                  26, 2011</font></div>
              </td>
              <td valign="bottom" width="24%" style="BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1,000,000</font></div>
              </td>
            </tr>
            <tr>
              <td valign="top" width="24%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td valign="top" width="30%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td valign="top" width="24%" style="BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>1,476,300</strong></font></div>
              </td>
            </tr>

        </table>
      </div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
        following is an analysis of outstanding warrants:</font></div>
      <div><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" width="100%">

            <tr>
              <td valign="bottom" width="20%" style="BORDER-TOP: black 0.5pt solid; BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>Exercise
                  Price</strong></font></div>
              </td>
              <td valign="bottom" width="28%" style="BORDER-TOP: black 0.5pt solid; BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>Expiry
                  Date</strong></font></div>
              </td>
              <td valign="bottom" width="30%" style="BORDER-TOP: black 0.5pt solid; BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>Number
                  of Underlying Shares</strong></font></div>
              </td>
            </tr>
            <tr bgcolor="#cceeff">
              <td valign="bottom" width="20%" style="BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$2.50</font></div>
              </td>
              <td valign="bottom" width="28%" style="BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">March
                  20, 2008</font></div>
              </td>
              <td valign="bottom" width="30%" style="BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2,498,750</font></div>
              </td>
            </tr>
            <tr>
              <td valign="bottom" width="20%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td valign="bottom" width="28%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td valign="bottom" width="30%" style="BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2,498,750</strong></font></div>
              </td>
            </tr>

        </table>
      </div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong><u>Commitments</u></strong></font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
        Company entered into a cost sharing agreement dated October 1, 1997, and
        amended
        November 1, 2003 to reimburse Oniva for a variable percentage of its overhead
        expenses, to reimburse 100% of its out-of-pocket expenses incurred on behalf
        of
        the company, and to pay a percentage fee based on the total overhead and
        corporate expenses.&#160;&#160;The agreement may be terminated with one-month
        notice by either party.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
        Company entered into a 12 month agreement in with National Media Associates
        ("National Media") to provide financial relations, media relations and public
        market development services. The Company has agreed to pay National Media
        US$6,000 per month, and the contract can be terminated after September 15,
        2006
        upon 30 days' notice by the Company.&#160;&#160;The agreement with National
        Media expired on March 15, 2007, and the Company&#8217;s commitment under the
        agreement as at January 31, 2007 totaled $10,613 (US$9,000).</font></div>
      <div><br></div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left">
          </div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
          </div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="2">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right">
          </div>
        </div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>AVINO
          SILVER &amp; GOLD MINES LTD.</strong></font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>MANAGEMENT'S
          DISCUSSION AND ANALYSIS</strong></font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>FOR
          THE YEAR ENDED JANUARY 31, 2007</strong></font>
          <div>
            <hr style="COLOR: black" align="left" noshade size="1" width="100%">
          </div>
        </div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
        Company entered into a 12 month Investor Relations Agreement with Investor
        Relations Group Inc., formerly called Investors Relations Services Group
        John
        Mullen &amp; Partners (&#8220;IRS&#8221;), to provide investor relations services in Europe.
        In consideration for the services rendered, the Company has agreed to pay
        IRS
        fees of $2,000 per month plus expenses.&#160;&#160;The agreement with IRS
        expires on October 5, 2007, and the Company&#8217;s commitment under the agreement as
        at January 31, 2007 totaled $16,000.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
        Company has a contractual minimum drilling commitment for the exploration
        of its
        mineral properties in Durango, Mexico.&#160;&#160;As at January 31, 2007 the
        Company is committed to drilling services at an estimated cost of $416,022,
        which is denominated in U.S. dollars (US$352,800).&#160;&#160;Management has
        determined that the Company&#8217;s exploration in fiscal 2008 will likely exceed the
        minimum commitment, and thus the minimum drilling cost will be paid in fiscal
        2008.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong><u>Disclosure
        Controls and Procedures</u></strong></font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
        Chief
        Executive Officer and the Chief Financial Officer of the Company are responsible
        for evaluating the effectiveness of the Company&#8217;s disclosure controls and
        procedures and have concluded, based on our evaluation, that they are effective
        as at January 31, 2007 to ensure that information required to be disclosed
        in
        reports filed or submitted under Canadian securities legislation is recorded,
        processed, summarized and reported within the time period specified in those
        rules and regulations.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong><u>Internal
        Controls Over Financial Reporting</u></strong></font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
        Chief
        Executive Officer and the Chief Financial Officer of the Company are responsible
        for designing internal controls over financial reporting, or causing them
        to be
        designed under their supervision, to provide reasonable assurance regarding
        the
        reliability of financial reporting and the preparation of financial statements
        for external purposes in accordance with Canadian GAAP.&#160;&#160;The Company
        assessed the design of the internal controls over financial reporting as
        at
        January 31, 2007 and concluded that there are material weaknesses in internal
        controls over financial reporting, which are as follows:</font></div>
      <div><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" id="list" width="100%">

            <tr valign="top">
              <td align="right" style="WIDTH: 72pt">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">a)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</font></div>
              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Due
                  to the limited number of staff resources, the Company believes
                  there are
                  instances where a lack of segregation of duties exist to provide
                  effective
                  controls; and</font></div>
              </td>
            </tr>

        </table>
      </div>
      <div><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" id="list" width="100%">

            <tr valign="top">
              <td align="right" style="WIDTH: 72pt">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">b)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</font></div>
              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
                  Company is evaluating the effectiveness of its staff resources,
                  as
                  currently the Company seeks outside guidance to address complex
                  accounting
                  and tax issues that arise.</font></div>
              </td>
            </tr>

        </table>
      </div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
        weaknesses and their related risks are not uncommon in a company the size
        of
        Avino because of limitations in size and number of staff.&#160;&#160;The Company
        believes it has taken initial steps to mitigate these risks by consulting
        outside advisors and involving the Audit Committee and Board of Directors
        in
        reviews and consultations where necessary.&#160;&#160;However, these weaknesses
        in internal controls over financial reporting could result in a more than
        remote
        likelihood that a material misstatement would not be prevented or detected.
        The
        Company believes that it must take additional steps to further mitigate these
        risks by consulting outside advisors on a more regular and timely
        basis.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">There
        have been no changes in the Company&#8217;s internal controls over financial reporting
        that occurred during the quarter ended January 31, 2007 that have materially
        affected, or are reasonably likely to materially affect, the Company&#8217;s internal
        controls over financial reporting.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong><u>Subsequent
        Events</u></strong></font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">None.</font></div>
    </div>
    <div>&#160;</div>
    <div><br>&#160;</div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div><br></div>
    <div>&#160;</div>
    <div><br></div>
    <div><br></div>
    <div><br></div>
    <div><br></div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" width="100%">

          <tr>
            <td valign="middle" width="42%" style="BORDER-TOP: black 1.5pt solid; BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>AVINO
                SILVER &amp; GOLD MINES LTD.</strong></font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>Consolidated
                Financial Statements</strong></font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>For
                the Years Ended</strong></font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>January
                31, 2007, 2006 and 2005</strong></font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><img src="graphic3.jpg" alt=""></div>
    <div><br></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>AUDITORS&#8217;
        REPORT</strong></font></div>
    </div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">To
      the
      Shareholders of</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Avino
      Silver &amp; Gold Mines Ltd.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">We
      have
      audited the consolidated balance sheet of Avino Silver &amp; Gold Mines Ltd. as
      at January&#160;31, 2007, and the consolidated statements of operations and
      deficit, and cash flows for the year ended January 31, 2007. These financial
      statements are the responsibility of the Company&#8217;s management. Our
      responsibility is to express an opinion on these financial statements based
      on
      our audit.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">We
      conducted our audit in accordance with Canadian generally accepted auditing
      standards and the standards of the Public Company Accounting Oversight Board
      (United States). Those standards require that we plan and perform an audit
      to
      obtain reasonable assurance whether the financial statements are free of
      material misstatement. An audit includes examining, on a test basis, evidence
      supporting the amounts and disclosures in the financial statements. An audit
      also includes assessing the accounting principles used and significant estimates
      made by management, as well as evaluating the overall financial statement
      presentation.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">In
      our
      opinion, these consolidated financial statements present fairly, in all material
      respects, the financial position of the Company as at January 31, 2007 and
      the
      results of its operations and its cash flows for the year then ended in
      accordance with Canadian generally accepted accounting principles.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      balance sheet figures as at January 31, 2006 and the statements of operations
      and deficit, and cash flows for the years ended January 31, 2006 and 2005 were
      audited by another firm of chartered accountants, which expressed an opinion
      without reservation on those financial statements in their report dated May
      31,
      2006.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>MANNING
      ELLIOTT LLP</u></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">CHARTERED
      ACCOUNTANTS</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Vancouver,
      British Columbia</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">May
      7,
      2007</font></div>
    <div><br></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>COMMENTS
        BY AUDITORS ON CANADA AND UNITED STATES REPORTING
        DIFFERENCES</strong></font></div>
    </div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      standards of the Public Company Accounting Oversight Board (U.S.) require the
      addition of an explanatory paragraph when the financial statements are affected
      by conditions and events that cast substantial doubt on the Company&#8217;s ability to
      continue as a going concern, such as those described in Note 1 to the financial
      statements. Although we conducted audits in accordance with both Canadian
      generally accepted auditing standards and the standards of the Public Company
      Accounting Oversight Board (U.S.), our report to the shareholders dated May
      7,
      2007 is expressed in accordance with Canadian reporting standards which do
      not
      permit a reference to such conditions and events in the auditor&#8217;s report when
      these are adequately disclosed in the financial statements.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>MANNING
      ELLIOTT LLP</u></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">CHARTERED
      ACCOUNTANTS</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Vancouver,
      British Columbia</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">May
      7,
      2007</font></div>
    <div>&#160;</div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>AVINO
          SILVER &amp; GOLD MINES LTD.</strong></font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Consolidated
          Balance Sheets</font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">As
          at
          January 31, 2007&#160;and 2006</font></div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(Expressed
        in Canadian Dollars)</font></div><br></div>
    <div align="left">
      <table cellpadding="0" cellspacing="0" width="100%">

          <tr>
            <td align="left" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
            </td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2007</strong></font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2006</strong></font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>ASSETS</strong></font></div>
            </td>
            <td valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td colspan="2" valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td colspan="2" valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>Current</strong></font></div>
            </td>
            <td valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td colspan="2" valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td colspan="2" valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="76%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Cash
                and cash equivalents</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">11,045,106</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">3,067,011</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="76%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Interest
                receivable</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">38,179</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="76%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Taxes
                recoverable</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">96,674</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">35,009</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="76%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Prepaid
                expenses and amounts receivable</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">54,042</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">13,544</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td valign="bottom" width="76%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td valign="bottom" width="76%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">11,234,001</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">3,115,564</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td valign="bottom" width="76%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="76%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Property,
                Plant and Equipment (Note 4)</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1,015,228</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2,611</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="76%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Reclamation
                Bonds</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">5,500</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">3,000</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="76%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Mineral
                Properties (Note 5)</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">10,764,455</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">486,900</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="76%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Advances
                to Related Companies (Note 14 (a))</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">65,770</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">83,000</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="76%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Investments
                in Related Companies (Note 6)</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">210,085</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">210,085</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="76%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">23,295,039</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">3,901,160</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="76%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>LIABILITIES</strong></font></div>
            </td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="76%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>Current</strong></font></div>
            </td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="76%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Accounts
                payable and accrued liabilities</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1,311,560</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">62,700</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="76%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Due
                to related parties (Note 14(b))</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">141,524</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">181,418</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="76%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1,453,084</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">244,118</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="76%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Future
                Income Tax Liability (Note 13)</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2,335,999</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="76%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Commitment
                towards equity loss in Cia Minera Mexicana de Avino, S.A. de C.V
                (Note
                8)</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">342,596</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td valign="bottom" width="76%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">3,789,083</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">586,714</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="76%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>SHAREHOLDERS'
                EQUITY</strong></font></div>
            </td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="76%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Share
                Subscriptions Received in Advance</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">247,730</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="76%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Share
                Capital (Note 9(a))</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">33,112,072</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">19,264,265</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="76%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Shares
                Issued For Proceeds Receivable</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(5,940</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(56,732</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="76%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Contributed
                Surplus (Note 10)</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">7,259,879</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1,070,699</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="76%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Treasury
                Shares (14,180 shares, at cost)</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(101,869</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(101,869</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="76%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Deficit</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(20,758,186</font></td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(17,109,647</font></td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="76%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">19,505,956</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">3,314,446</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="76%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">23,295,039</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">3,901,160</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">NATURE
      AND CONTINUANCE OF OPERATIONS &#8211; NOTE 1</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">CONTINGENT
      LIABILITY AND COMMITMENTS &#8211; NOTES 18 AND 19</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Approved
      by the Board of Directors:</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>&#8220;</u><em><u>Louis
      Wolfin</u></em><u>&#8221;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</u>&#160;&#160;Director&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<em><u>&#8220;David
      Wolfin&#8221;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</u></em>&#160;&#160;Director</font></div>
    <div><br></div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>AVINO
          SILVER &amp; GOLD MINES LTD.</strong></font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Consolidated
          Statements of Operations and Deficit</font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Years
          Ended January 31, 2007, 2006 and 2005</font></div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(Expressed
        in Canadian Dollars)</font></div><br></div>
    <div align="left">
      <table cellpadding="0" cellspacing="0" width="100%">

          <tr>
            <td align="left" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
            </td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2007</strong></font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2006</strong></font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2005</strong></font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="64%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Revenue</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>Operating
                and Administrative Expenses</strong></font></div>
            </td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Amortization</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2,677</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">980</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1,210</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">General
                exploration</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">106,899</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Interest</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">65</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Management
                fees</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">87,000</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">60,000</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">60,000</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Office
                and miscellaneous</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">146,348</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">119,864</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">96,409</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Professional
                fees</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">127,441</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">141,005</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">34,993</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Regulatory
                and compliance fees</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">34,416</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">21,690</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">39,463</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Salaries
                and benefits</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">87,813</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">73,529</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">69,310</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Shareholder
                and investor relations (Note 11)</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">464,806</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">197,330</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">59,044</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Stock-based
                compensation (Note 12)</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2,860,603</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">725,125</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">81,540</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="64%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Travel
                and entertainment</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">96,731</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">77,274</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">64,005</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td valign="bottom" width="64%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">4,014,734</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1,416,797</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">506,039</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td valign="bottom" width="64%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(4,014,734</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(1,416,797</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(506,039</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>Other
                income (expenses)</strong></font></div>
            </td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Interest
                income</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">430,231</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">46,073</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">41,999</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Foreign
                exchange gain (loss)</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(30,455</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">9</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">29</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Write-down
                of investment in related company</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(217,000</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Write-down
                of mineral property</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(103,242</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Site
                assessment costs for Cia Minera Mexicana de Avino, S.A. de C.V (Note
                8)</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(355,921</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(391,899</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="64%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Equity
                losses in Cia Minera Mexicana de Avino, S.A. de C.V (Note
                8)</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(33,581</font></td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(342,596</font></td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">LOSS
                BEFORE INCOME TAXES</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(3,648,539</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(2,389,474</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(855,910</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="64%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Future
                income tax benefit recognized on renouncement of Canadian exploration
                expenditures (Note 13)</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">19,750</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">41,200</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>NET
                LOSS FOR THE YEAR</strong></font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(3,648,539</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(2,369,724</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(814,710</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="64%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>DEFICIT</strong>,
                beginning of year</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(17,109,647</font></td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(14,739,923</font></td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(13,925,213</font></td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="64%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>DEFICIT</strong>,
                end of year</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(20,758,186</font></td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(17,109,647</font></td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(14,739,923</font></td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="64%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">BASIC
                AND DILUTED LOSS PER SHARE</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(0.20</font></td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(0.22</font></td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(0.08</font></td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="64%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">BASIC
                WEIGHTED AVERAGE NUMBER OF&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">SHARES
                OUTSTANDING</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">18,385,007</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">10,965,718</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">10,410,379</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>AVINO
          SILVER &amp; GOLD MINES LTD.</strong></font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Consolidated
          Statements of Operations and Deficit</font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Years
          Ended January 31, 2007, 2006 and 2005</font></div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(Expressed
        in Canadian Dollars)</font></div><br></div>
    <div><br></div>
    <div align="left">
      <table cellpadding="0" cellspacing="0" width="100%">

          <tr>
            <td valign="bottom" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2007</strong></font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2006</strong></font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2005</strong></font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>CASH
                PROVIDED BY (USED IN):</strong></font></div>
            </td>
            <td valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td colspan="2" valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td colspan="2" valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td colspan="2" valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>OPERATING
                ACTIVITIES</strong></font></div>
            </td>
            <td valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td colspan="2" valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td colspan="2" valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td colspan="2" valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Loss
                for the year</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(3,648,539</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(2,369,724</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(814,710</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Adjustments
                for non-cash items:</font></div>
            </td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Amortization</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2,677</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">980</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1,210</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Stock-based
                compensation</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2,860,603</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">725,125</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">81,540</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 27pt; TEXT-INDENT: -18pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Fair
                value of options issued for investor relations services</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">195,600</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">103,981</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Write-down
                of investment in related company</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">217,000</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Write-down
                of mineral property interest</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">103,242</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Equity
                loss on Cia Minera prior to acquisition of control</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">33,581</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">342,596</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="64%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 27pt; TEXT-INDENT: -18pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Future
                income tax benefit recognized on the renouncement of Canadian exploration
                expenditures</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(19,750</font></td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(41,200</font></td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
          </tr>
          <tr>
            <td valign="bottom" width="64%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(556,078</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(896,550</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(773,160</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="64%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Net
                change in non-cash working capital (Note 16)</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">61,750</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(91,529</font></td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">14,849</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="64%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(494,328</font></td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(988,079</font></td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(758,311</font></td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>FINANCING
                ACTIVITIES</strong></font></div>
            </td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Share
                subscriptions received in advance</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">247,730</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Receipt
                of share proceeds receivable</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">56,732</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="64%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Shares
                issued for cash, net</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">9,511,593</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1,748,827</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">435,789</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="64%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">9,568,325</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1,996,557</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">435,789</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>INVESTING
                ACTIVITIES</strong></font></div>
            </td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Reclamation
                bonds</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(2,500</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(3,000</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Property,
                plant and equipment purchases</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(18,331</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(768</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Mineral
                property exploration expenditures</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(777,586</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(273,234</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(91,400</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Advances
                to a related party</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">52,000</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(135,000</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="64%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Advances
                to Cia Minera prior to acquisition of control</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(297,485</font></td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="64%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(1,095,902</font></td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(225,002</font></td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(226,400</font></td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>Increase
                (decrease) in cash and cash equivalents</strong></font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">7,978,095</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">783,476</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(548,922</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="64%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>CASH
                AND CASH EQUIVALENTS</strong>,<strong>&#160;</strong>beginning of
                year</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">3,067,011</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2,283,535</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2,832,457</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="64%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>CASH
                AND CASH EQUIVALENTS, </strong>end of year</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">11,045,106</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">3,067,011</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2,283,535</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div align="left">
      <table cellpadding="0" cellspacing="0" width="100%">

          <tr>
            <td align="left" valign="bottom">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>SUPPLEMENTARY
                CASH FLOW DISCLOSURES</strong></font></div>
            </td>
            <td valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td colspan="2" valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td colspan="2" valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td colspan="2" valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Cash
                paid for:</font></div>
            </td>
            <td valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td colspan="2" valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td colspan="2" valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td colspan="2" valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Interest
                expense</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">16</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">65</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Income
                taxes</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Non-cash
                investing activity:</font></div>
            </td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 27pt; TEXT-INDENT: -18pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">3,164,702
                shares issued in acquisition of controlling interest in Cia
                Minera</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">7,215,520</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>

      </table>
    </div>
    <div>&#160;</div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">&#160;
</font>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>AVINO
          SILVER &amp; GOLD MINES LTD.</strong></font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Notes
          to
          Consolidated Financial Statements</font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">January
          31, 2007, 2006 and 2005</font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(Expressed
          in Canadian Dollars)</font></div>
        <hr style="COLOR: black" align="left" noshade size="1" width="100%">
      </div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>NOTE
      1 - NATURE OF OPERATIONS</strong></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Avino
      Silver &amp; Gold Mines Ltd. (the &#8220;Company&#8221; or &#8220;Avino&#8221;) was incorporated in 1969
      under the laws of the Province of British Columbia, Canada. The Company&#8217;s
      principal business activities include the acquisition, exploration and
      development of mineral properties. The Company owns interests in mineral
      properties located in Durango, Mexico and in British Columbia and Yukon,
      Canada.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      Company is in the exploration stage with its mineral properties and has not
      yet
      determined whether these properties contain ore reserves which are economically
      recoverable.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      recoverability of amounts shown for mineral properties and related deferred
      costs is dependent upon the discovery of economically recoverable reserves,
      confirmation of the Company&#8217;s legal interest in mineral claims, obtaining
      further financing for exploration of its mineral claims, re-development of
      its
      mining and processing operations and commencement of future profitable
      production, or receiving proceeds from the sale of all or an interest in its
      mineral properties.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">These
      consolidated financial statements have been prepared in accordance with
      generally accepted accounting principles applicable to a going concern, which
      assume that the Company will realize its assets and discharge its liabilities
      in
      the normal course of business. The Company will likely be required to raise
      new
      financing through the sale of shares to continue with the exploration for and
      development of its mineral properties. Management intends to secure additional
      financing through the issuance of common stock. However, there can be no
      assurance that management will be successful in its efforts to secure additional
      financing through the issuance of common stock, or that it will ever develop
      a
      self-supporting business. These factors together raise substantial doubt about
      the Company&#8217;s ability to continue as a going concern. The consolidated financial
      statements do not include any adjustments that might result from the outcome
      of
      this uncertainty.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>NOTE
      2 - SIGNIFICANT ACCOUNTING POLICIES</strong></font></div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>i)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</strong></font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Basis
                of presentation</strong></font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">These
      financial statements have been prepared in accordance with Canadian generally
      accepted accounting principles on a consolidated basis and include the accounts
      of the Company and its Mexican subsidiaries. All significant inter-company
      balances and transactions have been eliminated upon consolidation. The Company&#8217;s
      Mexican subsidiaries are the wholly-owned Oniva Silver and Gold Mines S.A.,
      Promotora Avino, S.A. De C.V. (&#8220;Promotora&#8221;) in which the Company has direct
      ownership of 76.88%, and Compania Minera Mexicana de Avino, S.A. de C.V. (&#8220;Cia
      Minera&#8221;) in which the Company has a 50% direct ownership and an additional
      49.75% of Cia Minera is held through Promotora.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      Company acquired control of Promotora and Cia Minera on July 17, 2006 (see
      Note
      3) and prior to the acquisition of control the Company accounted for its 49%
      ownership of Cia Minera using the equity method. Under the equity method, the
      Company&#8217;s original investment in Cia Minera was initially recorded at cost, and
      subsequently adjusted to reflect the Company&#8217;s share of earnings or loss in Cia
      Minera.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">These
      consolidated financial statements include the operations of Promotora and Cia
      Minera subsidiaries on a consolidated basis beginning on July 17, 2006 and
      cover
      the period ending on December 31, 2006, which is a different period end date
      than the Company&#8217;s fiscal year-end, since the subsidiaries prepare annual
      financial statements following Mexican law requiring a December&#160;31
      year-end.</font></div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>ii)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</strong></font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Cash
                and cash equivalents</strong></font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      Company considers all highly liquid instruments with maturities of three months
      or less on the date of purchase to be cash equivalents.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">&#160;
</font>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>AVINO
          SILVER &amp; GOLD MINES LTD.</strong></font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Notes
          to
          Consolidated Financial Statements</font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">January
          31, 2007, 2006 and 2005</font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(Expressed
          in Canadian Dollars)</font></div>
        <hr style="COLOR: black" align="left" noshade size="1" width="100%">
      </div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>NOTE
      2 - SIGNIFICANT ACCOUNTING POLICIES (continued)</strong></font></div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>iii)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font></strong></font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Property,
                plant and equipment</strong></font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Property,
      plant and equipment is stated at cost less accumulated amortization.
      Amortization is recorded over the useful lives of the assets on the declining
      balance basis at the following rates:</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Office
      equipment, furniture and
      fixtures&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;20%</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Computer
      equipment&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;30%</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Mine
      mill, machinery and
      plant&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;12%</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Mine
      facilities and
      equipment&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;6%
      to 10%</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      mine
      mill, machinery and plant were acquired on July 17, 2006 (see Note 3) and are
      not in active use, as the Company is in the process of evaluating the
      re-activation of the mine. Accordingly, the mine mill, machinery and plant
      are
      considered to be under reconstruction and no amortization is recorded on these
      assets during the 2007 year-end.</font></div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>iv)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font></strong></font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Mineral
                properties</strong></font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Mineral
      property acquisition, exploration and development costs are deferred until
      the
      property to which they relate is placed into production, sold, allowed to lapse
      or abandoned. Mineral property acquisition costs include cash consideration
      and
      the fair market value of common shares issued for mineral property interests
      based on the trading price of the shares. These costs will be amortized over
      the
      estimated life of the property following commencement of commercial production,
      or written off if the property is sold, allowed to lapse or
      abandoned.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Once
      commercial production has commenced, the net costs of the applicable property
      will be charged to operations using the unit-of-production method based on
      estimated reserves. On an ongoing basis, the Company evaluates each property
      based on results to date to determine the nature of exploration work that is
      warranted in the future.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Impairment
      may occur in the carrying value of mineral properties when one of the following
      conditions exists:</font></div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 72pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(a)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">the
                Company's work program on a property has significantly changed, so
                that
                previously identified resource targets or work programs are no longer
                being pursued;</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 72pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(b)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">exploration
                results are not promising and no more work is being planned in the
                foreseeable future on the property;
                or</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 72pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(c)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">the
                remaining lease terms for the property are insufficient to conduct
                necessary studies or exploration
                work.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Once
      impairment has been determined then a portion of the carrying value will be
      written-down to net realizable value. Amounts shown for mineral properties
      reflect costs incurred to date, less write-downs, and are not intended to
      reflect present or future values.</font></div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>v)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</strong></font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Investments</strong></font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Investments
      in the shares of companies over which Avino has the ability to exercise
      significant influence, but not control, are accounted for using equity method.
      Accordingly, the Company includes its share of the investee&#8217;s net income or loss
      for the year in operations. The investment is initially recorded at cost and
      increased or decreased for the Company&#8217;s share of income or loss respectively.
      In those instances where the Company&#8217;s share in the investee&#8217;s cumulative net
      losses exceeds the carrying amount of the Company&#8217;s investment, the Company
      records its share of the investee&#8217;s losses as a liability only if it has
      determined that it has ongoing obligations or commitments towards the investee.
      In those circumstances where the Company has no ongoing obligations or
      commitments to support the investee, the Company records cumulative losses
      only
      to the extent of the carrying amount of the investment.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">&#160;
</font>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>AVINO
          SILVER &amp; GOLD MINES LTD.</strong></font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Notes
          to
          Consolidated Financial Statements</font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">January
          31, 2007, 2006 and 2005</font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(Expressed
          in Canadian Dollars)</font></div>
        <hr style="COLOR: black" align="left" noshade size="1" width="100%">
      </div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>NOTE
      2 - SIGNIFICANT ACCOUNTING POLICIES (continued)</strong></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>v)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Investments
      (continued)</strong></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Investments
      in the shares of companies over which Avino does not have control or exercises
      significant influence are accounted for at cost. These investments are written
      down when there is a decline in value that is considered other than
      temporary.</font></div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>vi)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font></strong></font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Translation
                of foreign currencies and foreign
                subsidiaries</strong></font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      Company&#8217;s integrated Mexican foreign subsidiaries are financially and
      operationally dependent on the Company. The Company uses the temporal method
      to
      translate the accounts of its integrated foreign operations into Canadian
      dollars. Monetary assets and liabilities are translated at the exchange rates
      in
      effect at the balance sheet date. Non-monetary assets and liabilities are
      translated at historical rates. Revenues and expenses are translated at rates
      in
      effect during the period, except for amortization, which is translated on the
      same basis as the related assets. The resulting exchange gains or losses are
      recognized in income.</font></div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>vii)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font></strong></font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Financial
                instruments</strong></font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 72pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(a)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Fair
                values</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 72pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      carrying values of cash and cash equivalents, amounts receivable, accounts
      payable, and amounts due from (to) related companies and related parties
      approximate their fair values due to the immediate or short-term maturity of
      these financial instruments.</font></div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 72pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(b)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Interest
                rate risk</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 72pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">In
      management&#8217;s opinion, the Company is not exposed to significant interest rate
      risks.</font></div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 72pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(c)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Foreign
                exchange currency risk</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 72pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      operations and financial instruments of the Company&#8217;s subsidiaries are
      denominated in Mexican pesos (MXN) and are converted into Canadian dollars
      as
      the reporting currency in these financial statements. Fluctuations in the
      exchange rates between the Mexican peso and the Canadian dollar could have
      a
      material effect on the Company&#8217;s business and on the reported amounts of the
      Company&#8217;s financial instruments. The Company is exposed to foreign exchange rate
      risk relating to cash denominated in Mexican pesos totalling $96,471
      (MXN$903,287), amounts receivable denominated in pesos totalling $2,197
      (MXN$20,571), taxes recoverable denominated in pesos totalling $89,258
      (MXN$835,748), accounts payable denominated in pesos totalling $1,148,505
      (MXN$10,753,787).</font></div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 72pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(d)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Credit
                risk</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 72pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      Company's cash and equivalents are primarily held in accounts with Canadian
      financial institutions, and as at January 31, 2007 cash and cash equivalents
      substantially exceeds the amounts covered under federal deposit
      insurance.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>viii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
      </strong></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Use
      of estimates</strong></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      preparation of financial statements in conformity with Canadian generally
      accepted accounting principles requires management to make estimates and
      assumptions that affect the reported amounts of assets and liabilities and
      disclosures of contingent assets and liabilities at the date of the financial
      statements and the reported amounts of revenues and expenses during the reported
      periods. Significant areas requiring the use of estimates relate to
      recoverability or valuation of amounts receivable, property, plant, equipment,
      and mineral properties, the valuation of asset retirement obligations, useful
      lives for amortization, recognition of future income tax assets and liabilities,
      and stock-based compensation. Actual results could differ from those
      estimates.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">&#160;
</font>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>AVINO
          SILVER &amp; GOLD MINES LTD.</strong></font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Notes
          to
          Consolidated Financial Statements</font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">January
          31, 2007, 2006 and 2005</font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(Expressed
          in Canadian Dollars)</font></div>
        <hr style="COLOR: black" align="left" noshade size="1" width="100%">
      </div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>NOTE
      2 - SIGNIFICANT ACCOUNTING POLICIES (continued)</strong></font></div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>ix)&#160;<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font></strong></font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Income
                taxes</strong></font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      Company follows the asset and liability method of accounting for income taxes.
      Future income tax assets and liabilities are determined based on temporary
      differences between the accounting and taxes bases of existing assets and
      liabilities, and are measured using the tax rates expected to apply when these
      differences reverse. A valuation allowance is recorded against any future tax
      asset if it is more likely than not that the asset will not be
      realized.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      Company follows CICA Emerging Issues Committee Abstract 146 <em>Flow-Through
      Shares</em>. Canadian tax legislation permits a company to issue securities
      referred to as flow-through shares whereby the Company assigns the tax
      deductions arising from the related resource expenditures, to the shareholders.
      When resource expenditures are renounced to the investors and the Company has
      reasonable assurance that the expenditures will be completed, a future income
      tax liability is recognized for the net tax effect of the deductions renounced,
      and share capital is reduced.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">If
      the
      Company has sufficient unrecognized tax losses carried forward or other
      unrecognized future income tax assets to offset all or part of this future
      income tax liability, a portion of such unrecognized future income tax assets
      is
      recorded as a future income tax recovery up to the amount of the future income
      tax liability that would otherwise be recognized.</font></div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>x)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</strong></font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Stock-based
                compensation</strong></font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      Company follows CICA Handbook Section 3870 <em>Stock Based Compensation and
      Other Stock-Based Payments</em>. Accordingly the Company recognizes stock-based
      compensation expense for the estimated fair value of stock-based payments.
      Compensation costs attributable to stock options or similar equity instruments
      granted to employees are measured at the fair value at the grant date using
      the
      Black-Scholes option pricing model, and are expensed over the expected vesting
      period. Transactions in which goods or services are received from non-employees
      in exchange for the issuance of equity instruments are accounted for based
      on
      the fair value of the consideration received or the fair value of the equity
      instruments issued, whichever is more reliably measurable. Consideration
      received on the exercise of stock options is recorded as share
      capital.</font></div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>xi)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</strong></font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Loss
                per share</strong></font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Basic
      loss per share is calculated using the weighted average number of common shares
      outstanding during the year. Diluted loss per share is calculated giving effect
      to the potential dilution that would occur if securities or other contracts
      to
      issue common shares were exercised or converted to common shares using the
      treasury method. The treasury method assumes that proceeds received from the
      exercise of stock options and warrants are used to repurchase common shares
      at
      the prevailing market rate. Stock options and warrants are dilutive when the
      average market prices of the common shares during the year exceed the exercise
      prices of the options and warrants.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">For
      the
      years ended January 31, 2007, 2006 and 2005, the existence of warrants and
      options affects the calculation of loss per share on a fully diluted basis.
      As
      the affect of this dilution is to reduce the reported loss per share
      (anti-dilutive), fully diluted loss per share information has not been
      shown.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">&#160;
</font>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>AVINO
          SILVER &amp; GOLD MINES LTD.</strong></font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Notes
          to
          Consolidated Financial Statements</font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">January
          31, 2007, 2006 and 2005</font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(Expressed
          in Canadian Dollars)</font></div>
        <hr style="COLOR: black" align="left" noshade size="1" width="100%">
      </div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>NOTE
      2 - SIGNIFICANT ACCOUNTING POLICIES (continued)</strong></font></div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>xii)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font></strong></font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Site
                restoration obligations</strong></font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      Company recognizes the fair value of its liability for asset retirement
      obligations, including site restoration costs in the year in which such
      liabilities are incurred and can be estimated. Upon recognition of an asset
      retirement obligation, the site restoration costs are capitalized as a part
      of
      the mineral property. In periods subsequent to initial measurement, the asset
      retirement obligation is adjusted for both the passage of time and revisions
      to
      the original estimates. If the obligation is settled for other than the carrying
      amount of the liability, a gain or loss on the settlement is recognized. The
      Company estimated its site restoration costs to be $nil as at January 31, 2007
      (2006 - $nil) as significant disturbance of sites giving rise to restoration
      obligations had not yet occurred.</font></div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>xiii)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;</font></strong></font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Long-lived
                assets</strong></font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      recoverability of long-lived assets, which includes property, plant, equipment,
      and mineral properties is assessed for impairment annually or whenever events
      or
      changes in circumstances indicate that the carrying amount may not be
      recoverable. Recoverability is based on factors such as future asset utilization
      and the future undiscounted cash flows expected to result from the use or sale
      of the related assets. An impairment loss is recognized when the carrying amount
      of an asset that is held and used exceeds the projected undiscounted future
      net
      cash flows expected from its use and disposal less costs to sell, and is
      measured as the amount by which the carrying amount of the asset exceeds its
      fair value, which is measured based on discounted cash flows when quoted market
      prices are not available.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>NOTE
      3 - ACQUISITION OF COMPANIA MINERA MEXICANA DE AVINO, S.A. DE
      C.V.</strong></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">On
      July
      17, 2006 the Company acquired control of Compania Minera Mexicana de Avino,
      S.A.
      de C.V. (&#8220;Cia Minera&#8221;) through the acquisition of an additional 39.25% interest
      in Cia Minera which combined with the Company&#8217;s pre-existing 49% share of Cia
      Minera, brought the Company&#8217;s ownership interest in Cia Minera to 88.25%. The
      additional 39.25% interest in Cia Minera was obtained through the acquisition
      of
      76.88% of the common shares of Promotora Avino S.A. De C.V. (&#8220;Promotora&#8221;) which
      in turn owns 49.75% of Cia Minera&#8217;s common shares, and the direct acquisition of
      1% of the common shares of Cia Minera.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      historic operations of Cia Minera involved the mining of commercial grade ores
      which produced silver, gold and copper. This plant and mine ceased operations
      in
      November 2001 due to low metal prices and the closure of a smelter. The Company
      is evaluating the re-activation of the mine and has commenced exploration
      activities on Cia Minera&#8217;s mineral properties in the state of Durango, Mexico
      (see Note 5).</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      July
      17, 2006 acquisition was accomplished by a share exchange by which the Company
      issued 3,164,702 shares as consideration for the purchase of the additional
      39.25% interest in Cia Minera. The shares issued as consideration were valued
      based on the July 17, 2006 closing market price per share of $2.28. The
      acquisition was accounted for using the purchase method and these consolidated
      financial statements include the assets, liabilities and operations of these
      subsidiaries beginning on July 17, 2006, the date of acquisition of control.
      The
      acquisition of the 39.25% interest described above does not include a 1%
      interest acquired from an estate subject to approval and transfer of the shares
      to the Company by the trustee for that estate.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      cost
      of the acquisition of Cia Minera was comprised as follows:</font></div>
    <div><br></div>
    <div align="left">
      <table cellpadding="0" cellspacing="0" width="100%">

          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="88%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Issuance
                of 3,164,702 shares issued as consideration</font></div>
            </td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">7,215,521</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="88%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Direct
                acquisition costs</font></div>
            </td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">24,705</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="88%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Cash
                advances to Cia Minera prior to July 17, 2006</font></div>
            </td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">297,485</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="88%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Assumption
                of equity based commitment made prior to July 17, 2006</font></div>
            </td>
            <td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(376,177</font></td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td valign="bottom" width="88%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">7,161,534</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>

      </table>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">&#160;
</font>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>AVINO
          SILVER &amp; GOLD MINES LTD.</strong></font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Notes
          to
          Consolidated Financial Statements</font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">January
          31, 2007, 2006 and 2005</font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(Expressed
          in Canadian Dollars)</font></div>
        <hr style="COLOR: black" align="left" noshade size="1" width="100%">
      </div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>NOTE
      3 - ACQUISITION OF COMPANIA MINERA MEXICANA DE AVINO, S.A. DE C.V.
      (continued)</strong></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      cost
      of Cia Minera was allocated to the estimated fair values of the assets acquired
      and liabilities assumed as at July 17, 2006 as follows:</font></div>
    <div><br></div>
    <div align="left">
      <table cellpadding="0" cellspacing="0" width="100%">

          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="88%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Cash</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">21,154</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="88%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Taxes
                and other amounts recoverable</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">27,977</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="88%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Mine
                mill and processing plant</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">934,654</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="88%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Mine
                facilities, machinery and equipment</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">62,310</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="88%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Mineral
                properties</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">9,525,575</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="88%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Accounts
                payable and accrued liabilities</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(864,816</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="88%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Future
                income tax liability</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(2,335,999</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="88%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Taxes
                payable</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(209,321</font></td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td valign="bottom" width="88%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">7,161,534</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Prior
      to
      the July 17, 2006 acquisition of the additional 39.25% in Cia Minera, the
      Company accounted for its original 49% interest using the equity
      method.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>NOTE
      4 - PROPERTY, PLANT AND EQUIPMENT</strong></font></div>
    <div><br></div>
    <div align="left">
      <table cellpadding="0" cellspacing="0" width="100%">

          <tr>
            <td valign="bottom" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Cost</font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Accumulated</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Amortization</font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2007</strong></font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Net
                Book Value</font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2006</strong></font></div>
              <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Net
                Book Value</font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="52%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Office
                equipment, furniture and fixtures</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">5,512</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">3,684</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1,828</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2,611</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="52%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Computer
                equipment</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">19,015</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">684</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">18,331</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="52%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Mine
                mill, machinery and processing plant</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">934,654</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">934,654</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="52%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Mine
                facilities and equipment</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">62,310</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1,895</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">60,415</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td valign="bottom" width="52%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1,021,491</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">6,263</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1,015,228</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2,611</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>NOTE
      5 - MINERAL PROPERTIES</strong></font></div>
    <div><br></div>
    <div align="left">
      <table cellpadding="0" cellspacing="0" width="100%">

          <tr>
            <td valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Durango
                Mexico</font></div>
            </td>
            <td align="left" nowrap valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">British
                Columbia Canada</font></div>
            </td>
            <td align="left" nowrap valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Yukon
                Canada</font></div>
            </td>
            <td align="left" nowrap valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Total</font></div>
            </td>
            <td align="left" nowrap valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2007</strong></font></div>
            </td>
            <td valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td colspan="2" valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td colspan="2" valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td colspan="2" valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td colspan="2" valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="52%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Carrying
                amounts, beginning of year</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">486,900</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">486,900</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="52%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Acquisition
                costs</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">9,525,575</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">9,525,575</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="52%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Exploration
                costs incurred during year:</font></div>
            </td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="52%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Assays</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2,001</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2,001</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="52%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Assessment
                and taxes</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2,410</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2,410</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="52%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Drilling</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">609,518</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">14,837</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">624,355</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="52%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Field
                supplies and services</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">11,242</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">11,242</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="52%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Geological</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">90,712</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">21,260</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">111,972</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="52%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Mineral
                properties, end of year</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">10,225,805</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">538,650</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">10,764,455</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>

      </table>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">&#160;
</font>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>AVINO
          SILVER &amp; GOLD MINES LTD.</strong></font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Notes
          to
          Consolidated Financial Statements</font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">January
          31, 2007, 2006 and 2005</font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(Expressed
          in Canadian Dollars)</font></div>
        <hr style="COLOR: black" align="left" noshade size="1" width="100%">
      </div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>NOTE
      5 - MINERAL PROPERTIES (continued)</strong></font></div>
    <div><br></div>
    <div align="left">
      <table cellpadding="0" cellspacing="0" width="100%">

          <tr>
            <td valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Durango
                Mexico</font></div>
            </td>
            <td align="left" nowrap valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">British
                Columbia Canada</font></div>
            </td>
            <td align="left" nowrap valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Yukon
                Canada</font></div>
            </td>
            <td align="left" nowrap valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Total</font></div>
            </td>
            <td align="left" nowrap valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2006</strong></font></div>
            </td>
            <td valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td colspan="2" valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td colspan="2" valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td colspan="2" valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td colspan="2" valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="52%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Carrying
                amounts, beginning of year</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">212,258</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">103,243</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">315,501</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="52%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Exploration
                costs incurred during year:</font></div>
            </td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="52%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Assays</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">11,158</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">11,158</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="52%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Assessment
                and taxes</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2,965</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2,965</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="52%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Drilling</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">193,396</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">193,396</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="52%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Field
                supplies and services</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">25,835</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">25,835</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="52%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Geological</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">35,560</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">35,559</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="52%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Surface
                work</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">5,727</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">5,728</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="52%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Less:
                write-down</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(103,242</font></td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(103,242</font></td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="52%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Mineral
                properties, end of year</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">486,899</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">486,900</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Additional
      information on the Company&#8217;s mineral properties by region is as
      follows:</font></div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(a)&#160;&#160;</font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Durango,
                Mexico</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      Company acquired the Durango mineral properties through the acquisition of
      Cia
      Minera during the 2007 year-end (see Note 3). The Company&#8217;s subsidiary Cia
      Minera owns 43 mineral claims in the state of Durango, Mexico.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">In
      addition four core mineral claims are under leased concessions &#8211; exploitation
      rights to and for the Unification La Platosa, are granted by a lease agreement,
      to Cia Minera from Minerales de Avino SA de CV. The two concessions, Primer
      Rey
      and Avino y Emma, are included in the lease agreement, but are discrete and
      lie
      under the town of San Jose de Avino. The agreement is valid until October 31,
      2010. An ongoing dispute regarding royalties on the leased mineral claims exists
      (see&#160;Note 18).</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      Company&#8217;s mineral claims in Mexico are divided into the following three
      properties:</font></div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 72pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(i)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Avino
                mine area property</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 72pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      Avino
      mine property is situated around the towns of Panucho de Coronado and San Jose
      de Avino and surrounding the formerly producing Avino mine. There are five
      exploration concessions covering 163.4 hectares, 24 exploitation concessions
      covering 1,284.7 hectares and one leased exploitation concession covering 98.83
      hectares. Under a royalty agreement covering three additional mineral
      concessions, Cia Minera shall pay to Minerales de Avino royalties of 3.5% on
      mineral extracted, processed and sold from the Unification La Platosa, San
      Carlos and San Jose concessions. The royalties are to be calculated on a base
      of
      net sales (net smelter payment less the cost of sales) less the process costs
      at
      the mine.</font></div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 72pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(ii)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Gomez
                Palacio property</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 72pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      Gomez
      Palacio property is located near the town of Gomez Palacio, Durango, Mexico.
      There are nine exploration concessions covering 2,549 hectares.</font></div>
    <div><br></div>
    <div>
      <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

          <tr valign="top">
            <td style="WIDTH: 36pt">
              <div>&#160;</div>
            </td>
            <td style="WIDTH: 36pt">
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(iii)</font></div>
            </td>
            <td>
              <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Papas
                Quiero property</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 72pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      Papas
      Quiero property is located near the village of Papas Quiero, Durango, Mexico.
      There are four exploration concessions covering 2,552.6 hectares and one
      exploitation concession covering 602.9 hectares.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font size="2">&#160;</font>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>AVINO
        SILVER &amp; GOLD MINES LTD.</strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Notes
        to
        Consolidated Financial Statements</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">January
        31, 2007, 2006 and 2005</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(Expressed
        in Canadian Dollars)</font></div>
      <hr style="COLOR: black" align="left" noshade size="1" width="100%">
    </div><br>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>NOTE
      5 - MINERAL PROPERTIES (continued)</strong></font></div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(b)&#160;&#160;</font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">British
                Columbia, Canada</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      Company&#8217;s mineral claims in British Columbia are divided into the following
      three properties:</font></div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 72pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(i)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Aumax
                property</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 72pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">In
      2003
      the Company acquired a 100% interest in six Crown granted mineral claims,
      located in the Lillooet Mining Division of British Columbia, Canada by issuing
      200,000 common shares at a price of $0.50 per share and paying $4,000 in cash
      for total consideration of $104,000. During the 2007 year end these mineral
      claims were converted into one claim encompassing all of the original
      claims.</font></div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 72pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(ii)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Minto
                property</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 72pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      Company has a 100% interest in eight Crown granted mineral claims, eight
      reverted Crown granted mineral claims and one located mineral claim, situated
      in
      the Lillooet Mining Division of British Columbia. During the 2007 year end
      these
      mineral claims were converted into one claim encompassing all of the original
      claims. The property was written down to a nominal value of $1 in fiscal 2002.
      Avino recommenced exploration of the property in fiscal 2006 and costs incurred
      since then have been deferred.</font></div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 72pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(iii)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Olympic-Kelvin
                property</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 72pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      Company has a 100% interest in 20 reverted Crown granted mineral claims, one
      located mineral claim and three fractions located in the Lillooet Mining
      Division of British Columbia. The property was written down entirely in fiscal
      2002. During the 2007 year end these original mineral claims and factions were
      converted into six claims encompassing all of the original claims. The Company
      recommenced exploration of the property in fiscal 2004 and costs incurred since
      then have been deferred.</font></div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(c)&#160;&#160;</font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Yukon,
                Canada</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">In
      2003
      the Company acquired a 100% interest in 14 quartz leases, located in the Mayo
      Mining Division of the Yukon, Canada by issuing 200,000 common shares at a
      price
      of $0.50 per share for total consideration of $100,000. The property was written
      down to a nominal value of $1 in fiscal 2006 by a charge to operations of
      $103,242.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>NOTE
      6 - INVESTMENTS IN RELATED COMPANIES</strong></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Investments
      carried at cost are comprised as follows:</font></div>
    <div><br></div>
    <div align="left">
      <table cellpadding="0" cellspacing="0" width="100%">

          <tr>
            <td valign="bottom" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2007</strong></font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2006</strong></font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="76%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Bralorne
                Gold Mines Ltd.</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">205,848</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">205,848</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="76%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Levon
                Resources Ltd.</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">4,236</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">4,236</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="76%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Oniva
                International Services Corporation</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td valign="bottom" width="76%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">210,085</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">210,085</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Bralorne
      Gold Mines Ltd. (&#8220;Bralorne&#8221;)</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      Company&#8217;s investment in Bralorne consists of 179,149 common shares with a quoted
      market value of $206,021 as at January 31, 2007 (2006 - $324,259). Bralorne
      is a
      public company with common directors.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">&#160;
</font>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>AVINO
          SILVER &amp; GOLD MINES LTD.</strong></font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Notes
          to
          Consolidated Financial Statements</font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">January
          31, 2007, 2006 and 2005</font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(Expressed
          in Canadian Dollars)</font></div>
        <hr style="COLOR: black" align="left" noshade size="1" width="100%">
      </div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>NOTE
      6 - INVESTMENTS IN RELATED COMPANIES (continued)</strong></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Levon
      Resources Ltd. (&#8220;Levon&#8221;)</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      Company&#8217;s investment in Levon consists of 141,200 common shares with a quoted
      market value of $21,180 as at January 31, 2007 (2006 - $7,766). Levon is a
      public company with common directors.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Oniva
      International Services Corporation (&#8220;Oniva&#8221;)</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      Company owns a 16.67% interest in Oniva, a private company with common
      management, which provides office and administration services to the Company.
      The remaining 83.33% is shared equally between five other companies that are
      related by common directors and management. See Note 19 for disclosure on the
      Company&#8217;s commitment to Oniva.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>NOTE
      7 - NON-CONTROLLING INTEREST</strong></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      Company has an 88.25% interest in its subsidiary Cia Minera, and the remaining
      11.75% portion is presented as a non-controlling interest. The non-controlling
      interest has been recorded as a net obligation to the Company by Cia Minera,
      net
      of a valuation allowance, as the owners of the 11.75% minority interest in
      Cia
      Minera do not have a demonstrated commitment towards funding Cia Minera&#8217;s net
      losses. Accordingly, the non-controlling portion of Cia Minera operating losses
      are not recognized as an asset in these financial statements.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      carrying amount of the non-controlling interest is as follows:</font></div>
    <div><br></div>
    <div align="left">
      <table cellpadding="0" cellspacing="0" width="100%">

          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="88%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: -18pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Non-controlling
                interest portion in Cia Minera&#8217;s net obligation to the Company on
                July&#160;17,&#160;2006, the date of acquisition</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">111,874</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="88%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Non-controlling
                interest in Cia Minera&#8217;s net loss since acquisition</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">20,437</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="88%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Loss
                valuation allowance</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(132,311</font></td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="88%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Non-controlling
                interest - net carrying amount</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>NOTE
      8 - COMMITMENT AND SITE ASSESSMENT COSTS RELATED TO CIA
      MINERA</strong></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      Company incurred the following site assessment costs in contemplation of its
      additional 39.25% acquisition of Cia Minera:</font></div>
    <div><br></div>
    <div align="left">
      <table cellpadding="0" cellspacing="0" width="100%">

          <tr>
            <td valign="bottom" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2007</strong></font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2006</strong></font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2005</strong></font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Geological
                assessment</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">133,915</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">128,419</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="justify" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Professional
                fees</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">26,054</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">22,964</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="justify" valign="bottom" width="64%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Site
                overhead and maintenance</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">195,952</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">240,516</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td valign="bottom" width="64%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">355,921</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">391,899</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Prior
      to
      fiscal 2006, the Company had determined that it did not have a commitment or
      obligation to Cia Minera and accordingly did not record its equity interest
      in
      the losses of Cia Minera. During fiscal 2006 the Company determined that it
      had
      a commitment to Cia Minera. Accordingly, it began to recognize in operations
      its
      equity interest in the losses of Cia Minera. In fiscal 2006, Avino recognized
      into operations its interest in previously unrecorded equity losses of Cia
      Minera in the amount $342,596. During fiscal 2007 the company recorded a further
      $33,581 of equity losses in Cia Minera, resulting in a total of $376,177 in
      equity based losses in Cia Minera prior to the acquisition of control on July
      17, 2006 (see&#160;Note 3).</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font size="2">&#160;</font>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>AVINO
        SILVER &amp; GOLD MINES LTD.</strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Notes
        to
        Consolidated Financial Statements</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">January
        31, 2007, 2006 and 2005</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(Expressed
        in Canadian Dollars)</font></div>
      <hr style="COLOR: black" align="left" noshade size="1" width="100%">
    </div><br>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>NOTE
      9 - SHARE CAPITAL</strong></font></div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(a)&#160;&#160;</font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Authorized:&#160;&#160;&#160;Unlimited
                common shares without par value</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Issued:</font></div>
    <div><br></div>
    <div align="left">
      <table cellpadding="0" cellspacing="0" width="100%">

          <tr>
            <td valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td colspan="6" valign="bottom">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2007</strong></font></div>
            </td>
            <td align="left" nowrap valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td colspan="6" valign="bottom">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2006</strong></font></div>
            </td>
            <td align="left" nowrap valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td valign="bottom" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Shares</font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Amount</font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Shares</font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Amount</font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="52%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Balance,
                beginning of year</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">11,962,075</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">19,264,265</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">10,521,775</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">17,030,084</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="52%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Shares
                issued for cash:</font></div>
            </td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="52%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Private
                placement</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">5,000,000</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">10,000,000</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="52%">
              <div style="DISPLAY: block; MARGIN-LEFT: 27pt; TEXT-INDENT: -18pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Less
                value of warrants on private placement transferred to contributed
                surplus</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(3,578,383</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="52%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Exercise
                of stock options</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">456,700</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">585,866</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">249,500</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">261,175</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="52%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Exercise
                of warrants</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1,250</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">3,125</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1,190,800</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1,544,384</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="52%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: -18pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Shares
                issued for Cia Minera acquisition (Note 3)</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">3,164,702</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">7,215,521</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="52%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: -18pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Transferred
                from contributed surplus on exercise of stock options</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">443,831</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">448,372</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="52%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: -18pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Exercise
                of warrants</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1,575</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="52%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: -18pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Future
                income tax liability on issuance of flow-through shares (Note
                13)</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(19,750</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="52%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: -18pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Share
                issuance costs</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(823,728</font></td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td valign="bottom" width="52%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">8,622,652</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">13,847,807</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1,440,300</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2,234,181</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="52%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Balance,
                end of year</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">20,584,727</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">33,112,072</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">11,962,075</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">19,264,265</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Private
      placement</strong></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">During
      the year ended January 31, 2007, the Company completed a private placement
      of
      5,000,000 units at a price of $2.00 per unit, each unit consisted of one common
      share and one-half of a non-transferable share purchase warrant. Each whole
      warrant entitles the holder to purchase one additional share at a price of
      $2.50
      until March 20, 2008. The gross proceeds from the private placement was
      $10,000,000 and share issuance costs were $823,728 consisting of finders&#8217; fees
      of $778,795 paid in cash and $44,933 in other costs. Consideration of $3,578,383
      was allocated to contributed surplus for the warrants issued under the
      placement.</font></div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 18pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(b)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Warrants</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div align="left">
      <table cellpadding="0" cellspacing="0" width="100%">

          <tr>
            <td valign="bottom" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Underlying
                Shares</font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Weighted
                Average</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Exercise
                Price</font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="76%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Warrants
                outstanding, January 31, 2005</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2,433,250</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1.44</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="76%">
              <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Exercised</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(1,190,800</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1.30</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="76%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Expired</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(1,242,450</font></td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1.58</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td valign="bottom" width="76%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="76%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Warrants
                outstanding, January 31, 2006</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="76%">
              <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Issued</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2,500,000</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2.50</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="76%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Exercised</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(1,250</font></td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2.50</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="76%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Warrants
                outstanding, January 31, 2007</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2,498,750</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2.50</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">&#160;
</font>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>AVINO
          SILVER &amp; GOLD MINES LTD.</strong></font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Notes
          to
          Consolidated Financial Statements</font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">January
          31, 2007, 2006 and 2005</font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(Expressed
          in Canadian Dollars)</font></div>
        <hr style="COLOR: black" align="left" noshade size="1" width="100%">
      </div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>NOTE
      9 - SHARE CAPITAL (continued)</strong></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Warrants
      (continued)</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Details
      of share purchase warrants outstanding:</font></div>
    <div><br></div>
    <div align="left">
      <table cellpadding="0" cellspacing="0" width="100%">

          <tr>
            <td align="left" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Expiry
                Date</font></div>
            </td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Exercise
                Price</font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2007</strong></font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Warrants</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Outstanding</font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2006</strong></font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Warrants</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Outstanding</font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">March
                20, 2008</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2.50</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2,498,750</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(c)&#160;&#160;</font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Stock
                options</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div align="left">
      <table cellpadding="0" cellspacing="0" width="100%">

          <tr>
            <td valign="bottom" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Underlying
                Shares</font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Weighted
                Average Exercised Price</font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="76%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Stock
                options outstanding, January 31, 2005</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">450,000</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1.01</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="76%">
              <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Granted</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">642,500</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1.35</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="76%">
              <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Exercised</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(249,500</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1.05</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="76%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Expired
                or cancelled</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(30,000</font></td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1.20</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td valign="bottom" width="76%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="76%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Stock
                options outstanding, January 31, 2006</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">813,000</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1.31</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="76%">
              <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Granted</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1,120,000</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">3.85</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="76%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Exercised</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(456,700</font></td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1.28</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="76%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Stock
                options outstanding, January 31, 2007</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1,476,300</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">3.25</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Details
      of stock options outstanding:</font></div>
    <div><br></div>
    <div align="left">
      <table cellpadding="0" cellspacing="0" width="100%">

          <tr>
            <td align="left" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Expiry
                Date</font></div>
            </td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Exercise
                Price</font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2007</strong></font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Stock
                Options Outstanding</font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2006</strong></font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Stock
                Options Outstanding</font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">October
                21, 2008</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1.20</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">41,800</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">233,000</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">April
                5, 2010</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1.35</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">262,000</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">510,000</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">September
                26, 2010</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1.35</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">52,500</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">70,000</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">March
                15, 2011</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2.72</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">120,000</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="64%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">April
                26, 2011</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">3.99</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1,000,000</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td valign="bottom" width="64%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1,476,300</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">813,000</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">As
      at
      January 31, 2007 1,443,800 stock options were exercisable and as at January
      31,
      2006 798,000 stock options were exercisable.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      Company amended its stock option plan in fiscal 2007, under which it may grant
      stock options up to 10% of the Company&#8217;s total number of shares issued and
      outstanding on a non-diluted basis. The stock option plan provides for the
      granting of stock options to regular employees and persons providing
      investor-relation or consulting services up to a limit of 5% and 2% respectively
      of the Company&#8217;s total number of issued and outstanding shares per year. The
      stock options vest on the date of grant, except for those issued to persons
      providing investor-relation or consulting services, which vest over a period
      of
      one year. The option price must be greater or equal to the discounted market
      price on the grant date and the option term cannot exceed five years from the
      grant date.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">&#160;</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>AVINO
          SILVER &amp; GOLD MINES LTD.</strong></font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Notes
          to
          Consolidated Financial Statements</font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">January
          31, 2007, 2006 and 2005</font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(Expressed
          in Canadian Dollars)</font></div>
        <hr style="COLOR: black" align="left" noshade size="1" width="100%">
      </div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>NOTE
      9 - SHARE CAPITAL (continued)</strong></font></div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(d)&#160;&#160;</font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Flow-through
                common shares</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      Company issues flow-through common shares to finance part of its exploration
      expenditures. The income tax deductions related to the exploration expenditures
      renounced may be claimed only by the investors of the flow-through common
      shares.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">As
      at
      January 31, 2007, the Company has a commitment to incur a further $29,650 in
      qualifying Canadian exploration expenditures, as defined in the Canadian Income
      Tax Act, pursuant to which the Company must incur and renounce these qualifying
      expenditures to the flow-through shareholders.</font></div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(e)&#160;&#160;</font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Flow-through
                warrants</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Included
      in the warrants described in Note 9(c) are the following flow-through share
      purchase warrants as follows:</font></div>
    <div><br></div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">
      <table cellpadding="0" cellspacing="0" width="100%">

          <tr>
            <td valign="bottom" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Underlying
                Shares</font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Weighted
                Average Exercise Price</font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="76%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Flow-through
                warrants outstanding, January 31, 2005</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">170,000</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">0.52</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="76%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Exercised</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(170,000</font></td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">0.52</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td valign="bottom" width="76%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="76%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Flow-through
                warrants outstanding, January 31, 2006 and 2007</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>NOTE
      10 &#8211; CONTRIBUTED SURPLUS</strong></font></div>
    <div><br></div>
    <div align="left">
      <table cellpadding="0" cellspacing="0" width="100%">

          <tr>
            <td valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
            </td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2007</strong></font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2006</strong></font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="76%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Balance,
                beginning of year</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1,070,699</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">689,965</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="76%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Value
                of stock options granted during the year (Note 12)</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2,860,603</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">725,125</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="76%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Value
                of stock options issued for services (Note 11)</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">195,600</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">103,981</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="76%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Value
                of warrants on private placement (Note 9(a))</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">3,578,383</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="76%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Value
                of stock options exercised</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(443,831</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(448,372</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="76%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Value
                of warrants exercised</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(1,575</font></td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="76%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Balance,
                end of year</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">7,259,879</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1,070,699</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">&#160;
</font>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>AVINO
          SILVER &amp; GOLD MINES LTD.</strong></font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Notes
          to
          Consolidated Financial Statements</font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">January
          31, 2007, 2006 and 2005</font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(Expressed
          in Canadian Dollars)</font></div>
        <hr style="COLOR: black" align="left" noshade size="1" width="100%">
      </div><br><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>NOTE
      11 &#8211; SHAREHOLDER AND INVESTOR RELATIONS EXPENSES</strong></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      fair
      values of stock options granted to investor relations consultants are included
      in shareholder and investor relations expenses. The fair values of the stock
      options is calculated using the Black-Scholes option pricing model and is
      measured and expensed over the 12 month period over which services are provided
      and the options vest.&#160;&#160;During fiscal 2007 investor relations
      consultants were granted 130,000 stock options ((2006 &#8211; 95,000) (2005 &#8211; nil))
      which are included in the stock options described in Note 9(c), and these
      options are exercisable at a price of $2.72 (2006 - $1.35) per share. The
      shareholder and investor relations expense for fiscal 2007 includes $195,600
      ((2006 - $103,981) (2005 - $nil)) for the fair value of stock options granted
      to
      investor relations consultants. The fiscal 2007 weighted average fair value
      of
      these options on date of grant was $1.74 (2006 - $1.33). The fair value of
      these
      options were calculated using the Black-Scholes model with following weighted
      average assumptions:</font></div>
    <div><br></div>
    <div align="left">
      <table cellpadding="0" cellspacing="0" width="100%">

          <tr>
            <td valign="bottom" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2007</strong></font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2006</strong></font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2005</strong></font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="justify" valign="bottom">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Assumptions:</font></div>
            </td>
            <td valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td colspan="2" valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td colspan="2" valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td colspan="2" valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="justify" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Risk-free
                interest rate (%)</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">4.1</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">3.4</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="justify" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Expected
                dividend yield (%)</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="justify" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Expected
                option life (years)</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">4.7</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">3</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="justify" valign="bottom" width="64%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Expected
                stock price volatility (%)</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">90</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">180</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>NOTE
      12 &#8211; STOCK-BASED COMPENSATION</strong></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">In
      fiscal
      2007 the Company granted 990,000 (2006 &#8211; 547,500) options having a life of five
      years and exercisable at a price of $3.99 per share to directors, officers,
      and
      employees of the Company. In fiscal 2007 the Company recognized $2,860,603
      (2006
      - $725,125) in stock-based compensation representing the fair value of these
      stock options. In the fiscal 2005 year the $81,540 in stock-based compensation
      expense was recorded for the vesting of stock options granted in fiscal 2004.
      The fiscal 2007 weighted average fair value of the options on the date of grant
      was $2.89 ((2006 - $1.33) (2005 - $nil)). The fiscal 2007 fair value of these
      options were calculated using the Black-Scholes model with following weighted
      average assumptions:</font></div>
    <div><br></div>
    <div align="left">
      <table cellpadding="0" cellspacing="0" width="100%">

          <tr>
            <td valign="bottom" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2007</strong></font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2006</strong></font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2005</strong></font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="justify" valign="bottom">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Assumptions:</font></div>
            </td>
            <td valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td colspan="2" valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td colspan="2" valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td colspan="2" valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="justify" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Risk-free
                interest rate (%)</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">4.4</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">3.4</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">3.0</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="justify" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Expected
                dividend yield (%)</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="justify" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Expected
                option life (years)</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">5</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">3</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">5</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="justify" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Expected
                stock price volatility (%)</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">91</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">180</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">52</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">&#160;
</font>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>AVINO
          SILVER &amp; GOLD MINES LTD.</strong></font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Notes
          to
          Consolidated Financial Statements</font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">January
          31, 2007, 2006 and 2005</font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(Expressed
          in Canadian Dollars)</font></div>
        <hr style="COLOR: black" align="left" noshade size="1" width="100%">
      </div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>NOTE
      13 - INCOME TAXES</strong></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      components of future income tax provisions including, the statutory tax rate,
      effective tax rate and the effect of the valuation allowance are as
      follows:</font></div>
    <div><br></div>
    <div align="left">
      <table cellpadding="0" cellspacing="0" width="100%">

          <tr>
            <td valign="bottom" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2007</strong></font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2006</strong></font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2005</strong></font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Statutory
                rate</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">34.12</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">%</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">34.5</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">%</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">36</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">%</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Income
                taxes recovered at the Canadian statutory rate</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1,244,882</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">817,555</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">293,000</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Less
                permanent differences:</font></div>
            </td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Stock-based
                compensation</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(976,038</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(250,169</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(29,400</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Investor
                relations expense for stock options granted</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(66,739</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(35,873</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Reduction
                for effect of lower Mexican tax rates</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(10,644</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 27pt; TEXT-INDENT: -18pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Equity
                based accounting loss for interest in Cia Minera Mexicana de Avino,
                S.A.
                de C.V.</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(11,458</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(118,200</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Other
                non-tax deductible expenses</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(3,373</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Effect
                of temporary differences:</font></div>
            </td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Share
                issuance costs</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">71,239</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Write-down
                of investment</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(74,900</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Write-down
                of mineral property</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(35,600</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Geological
                exploration expenditures</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(45,000</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Benefit
                of tax losses not recognized in year &#8211; valuation allowance</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(247,869</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(257,813</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(263,600</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="64%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Benefit
                of future income tax asset recognized on renouncement Canadian exploration
                expenditures to flow-through share investors</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">19,750</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">41,200</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="64%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Future
                income tax recovery recognized in the year</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">19,750</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">41,200</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      approximate tax effects of each type of temporary difference that gives rise
      to
      potential future tax assets are as follows:</font></div>
    <div><br></div>
    <div align="left">
      <table cellpadding="0" cellspacing="0" width="100%">

          <tr>
            <td valign="bottom" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2007</strong></font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2006</strong></font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="76%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Statutory
                rate</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">34.12</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">%</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">34.5</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">%</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="76%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Non-capital
                tax losses carried forward</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1,392,852</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1,244,000</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="76%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Capital
                tax losses carried forward</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">251,159</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">254,000</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="76%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: -18pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Canadian
                exploration expenses, Canadian development expenses and foreign
                exploration, and development expenses in excess of book value of
                Canadian
                mineral properties</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">557,738</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">508,000</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="76%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: -18pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Share
                issuance costs</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">239,873</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">30,000</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="76%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Tax
                basis of investments in related companies in excess of book
                value</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">37,020</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">37,433</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="76%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: -18pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Undeducted
                capital cost allowance in excess of book value of Canadian
                equipment</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">70,862</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">69,700</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="76%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Future
                tax assets</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2,549,504</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2,143,133</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="76%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Less:
                valuation allowance</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(2,549,504</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(2,143,133</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="76%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Net
                tax assets</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">&#160;
</font>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>AVINO
          SILVER &amp; GOLD MINES LTD.</strong></font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Notes
          to
          Consolidated Financial Statements</font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">January
          31, 2007, 2006 and 2005</font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(Expressed
          in Canadian Dollars)</font></div>
        <hr style="COLOR: black" align="left" noshade size="1" width="100%">
      </div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>NOTE
      13 - INCOME TAXES (continued)</strong></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      potential benefit of net operating tax loss carry-forwards and other future
      income tax assets has not been recognized in the financial statements since
      the
      Company cannot be assured that it is more likely than not that such benefit
      will
      be utilized in future years.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      Company has capital losses of $1,472,210 carried forward and $4,049,022 in
      non-capital tax losses carried forward available to reduce future taxable
      income. The capital losses can be carried forward indefinitely unless used.
      The
      non-capital tax losses if unused expire as follows:</font></div>
    <div><br></div>
    <div align="left">
      <table cellpadding="0" cellspacing="0" width="100%">

          <tr bgcolor="#cceeff">
            <td align="right" valign="bottom" width="88%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2008</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">351,114</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="right" valign="bottom" width="88%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2009</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">253,336</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="right" valign="bottom" width="88%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2010</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">245,381</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="right" valign="bottom" width="88%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2011</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">904,279</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="right" valign="bottom" width="88%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2012</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">343,690</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="right" valign="bottom" width="88%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2016</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">568,450</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="right" valign="bottom" width="88%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2027</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">799,044</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="right" valign="bottom" width="88%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2028</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">583,728</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td valign="bottom" width="88%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">4,049,022</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">In
      addition, the $2,335,999 future income tax liability presented in these
      financial statements is due to the difference between the carrying amount and
      tax basis upon acquisition of the mineral properties, mine plant and equipment
      in the purchase of Cia Minera (see Note 3).</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>NOTE
      14 - RELATED PARTY TRANSACTIONS AND BALANCES</strong></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      balances and transactions with related parties are as follows:</font></div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(a)&#160;&#160;</font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Advances
                to related parties:</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div align="left">
      <table cellpadding="0" cellspacing="0" width="100%">

          <tr>
            <td valign="bottom" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2007</strong></font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2006</strong></font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="76%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: -18pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">ABC
                Drilling Services Inc. &#8211; a subsidiary of Oniva</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">64,933</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">83,000</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="76%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: -18pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Oniva
                International Services Corp. &#8211; a company controlled by a director of
                Avino</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">837</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="76%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: -18pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Advances
                to related parties</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">65,770</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">83,000</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      advance to ABC Drilling Services Inc. is intended as an exploration advance
      for
      future drilling services.</font></div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(b)&#160;&#160;</font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Amounts
                due to related parties:</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div align="left">
      <table cellpadding="0" cellspacing="0" width="100%">

          <tr>
            <td valign="bottom" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2007</strong></font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2006</strong></font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="76%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: -18pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Directors</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">7,500</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">-</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="76%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: -18pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Frobisher
                Securities Ltd. &#8211; a company controlled by a director of
                Avino</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">105</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">16,710</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="76%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: -18pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Bralorne
                Gold Mines Ltd. &#8211; a company with directors and management in common with
                Avino</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">3,145</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="76%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: -18pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Oniva
                International Services Corp. &#8211; a company controlled by a director of
                Avino</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">133,919</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">161,563</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td valign="bottom" width="76%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">141,524</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">181,418</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      amounts due to related parties are non-interest bearing, unsecured and due
      on
      demand.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">&#160;</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>AVINO
          SILVER &amp; GOLD MINES LTD.</strong></font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Notes
          to
          Consolidated Financial Statements</font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">January
          31, 2007, 2006 and 2005</font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(Expressed
          in Canadian Dollars)</font></div>
        <hr style="COLOR: black" align="left" noshade size="1" width="100%">
      </div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>NOTE
      14 - RELATED PARTY TRANSACTIONS AND BALANCES (continued)</strong></font></div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(c)&#160;&#160;</font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
                Company recorded the following amounts for administrative services
                and
                expenses provided by&#160;&#160;Oniva International Services
                Corp.:</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div align="left">
      <table cellpadding="0" cellspacing="0" width="100%">

          <tr>
            <td valign="bottom" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2007</strong></font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2006</strong></font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2005</strong></font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Salaries
                and benefits</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">59,523</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">73,529</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">59,884</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="64%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Office
                and miscellaneous</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">60,334</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">89,799</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">64,262</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td valign="bottom" width="64%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">119,857</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">163,328</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">124,146</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(d)&#160;&#160;</font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
                Company recorded the following amounts for management and consulting
                services provided by the following
                companies:</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div align="left">
      <table cellpadding="0" cellspacing="0" width="100%">

          <tr>
            <td valign="bottom" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2007</strong></font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2006</strong></font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2005</strong></font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: -18pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Intermark
                Capital Corp. &#8211; a company controlled by a director of
                Avino</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">87,000</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">60,000</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">60,000</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: -18pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Frobisher
                Securities Ltd.</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2,000</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="64%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: -18pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Wear
                Wolfin Design Ltd. &#8211; a company controlled by a director of a related
                company</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">30,000</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">30,000</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">12,500</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td valign="bottom" width="64%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">117,000</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">92,000</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">72,500</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(e)&#160;&#160;</font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
                Company paid or accrued $53,837 (2006 - $146,092; 2005 - $Nil) to
                ABC
                Drilling Services Inc. for drilling services and $6,854 (2006 - $20,433;
                2005 - $Nil) to Bralorne Gold Mines Ltd. for exploration
                services.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(f)&#160;&#160;</font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
                Company paid or accrued $84,279 (2006 - $Nil; 2005 - $Nil) for investor
                relations services to National Media Associates, a business significantly
                influenced by a director of the
                Company.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">All
      related party transactions are recorded at the value agreed upon by the Company
      and the related party, which management believes approximates fair
      value.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>NOTE
      15 - SEGMENTED INFORMATION</strong></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      Company&#8217;s operations are limited to one industry segment, being the acquisition,
      exploration and development of mineral properties. Regional geographic
      information pertaining to the Company&#8217;s mineral properties is disclosed in Note
      5.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>NOTE
      16 - SUPPLEMENTARY CASH FLOW INFORMATION</strong></font></div>
    <div><br></div>
    <div align="left">
      <table cellpadding="0" cellspacing="0" width="100%">

          <tr>
            <td align="left" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
            </td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2007</strong></font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2006</strong></font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2005</strong></font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Changes
                in non-cash working capital items:</font></div>
            </td>
            <td valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td colspan="2" valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td colspan="2" valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td colspan="2" valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Interest
                receivable</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(38,179</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Taxes
                recoverable</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(61,665</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(1,871</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(13,432</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Prepaid
                expenses</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(40,497</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">8,804</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(10,066</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Advances
                to related companies</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">17,230</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2,884</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Accounts
                payable and accrued liabilities</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">224,755</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(3,235</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">19,047</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="64%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Due
                to related parties</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(39,894</font></td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(95,227</font></td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">16,416</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="64%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Net
                change in non-cash working capital</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">61,750</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(91,529</font></td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">14,849</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">&#160;
</font>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>AVINO
          SILVER &amp; GOLD MINES LTD.</strong></font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Notes
          to
          Consolidated Financial Statements</font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">January
          31, 2007, 2006 and 2005</font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(Expressed
          in Canadian Dollars)</font></div>
        <hr style="COLOR: black" align="left" noshade size="1" width="100%">
      </div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>NOTE
      17 - COMPARATIVE FIGURES</strong></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Certain
      fiscal 2005 and 2006 comparative figures have been reclassified to conform
      to
      the financial statement presentation adopted for 2007. These reclassifications
      do not affect the net loss or closing deficit of the comparative
      figures.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>NOTE
      18 - CONTINGENT LIABILITY</strong></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      Company&#8217;s subsidiary Cia Minera leases four core mineral claims in consideration
      for royalties. The lessor is currently contesting the underlying royalty
      agreement, and has filed a legal action claiming royalties are owing from prior
      years in the approximate amount $3,487,223 (denominated in Mexican pesos
      $32,651,905) plus interest. The Company has accrued $738,302 (denominated in
      Mexican pesos $6,912,940) on account of the royalties owing. Cia Minera has
      held
      the position that it has fully provided for the royalty liability in its
      accounts and continues to contest the action in court, however, negotiations
      are
      being held as both parties are working towards an amicable
      settlement.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>NOTE
      19 - COMMITMENTS</strong></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      Company entered into a 12 month Investor Relations Agreement with Investor
      Relations Group Inc., formerly called Investors Relations Services Group John
      Mullen &amp; Partners (&#8220;IRS&#8221;), to provide investor relations services in Europe.
      In consideration for the services rendered, the Company has agreed to pay IRS
      fees of $2,000 per month plus expenses. The agreement with IRS expires on
      October 5, 2007, and the Company&#8217;s commitment under the agreement as at January
      31, 2007 totals $16,000.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      Company entered into a 12 month agreement with National Media Associates
      ("National Media") to provide financial relations, media relations and public
      market development services. The Company has agreed to pay National Media
      US$6,000 per month, and the contract can be terminated after September&#160;15,
      2006 upon 30 days' notice by the Company. The agreement with National Media
      expires on March&#160;15, 2007, and the Company&#8217;s commitment under the agreement
      as at January 31, 2007 totals $10,613 (US$9,000).</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      Company entered into a cost sharing agreement dated October 1, 1997, and amended
      November 1, 2003 to reimburse Oniva for a variable percentage of its overhead
      expenses, to reimburse 100% of its out-of-pocket expenses incurred on behalf
      of
      the company, and to pay a percentage fee based on the total overhead and
      corporate expenses. The agreement may be terminated with one-month notice by
      either party. Transactions and balances with Oniva, which is a related company,
      are disclosed in Note 14.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      Company has a contractual minimum drilling commitment for the exploration of
      its
      mineral properties in Durango, Mexico. As at January 31, 2007 the Company is
      committed to drilling services at an estimated cost of $416,022, which is
      denominated in U.S. dollars (US$352,800). Management has determined that the
      Company&#8217;s exploration in fiscal 2008 will likely exceed the minimum commitment,
      thus an amount in excess of the minimum drilling cost will likely be paid in
      fiscal 2008.</font></div>
    <div>&#160;</div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">&#160;
</font>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>AVINO
          SILVER &amp; GOLD MINES LTD.</strong></font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Notes
          to
          Consolidated Financial Statements</font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">January
          31, 2007, 2006 and 2005</font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(Expressed
          in Canadian Dollars)</font></div>
        <hr style="COLOR: black" align="left" noshade size="1" width="100%">
      </div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>NOTE
      20 - DIFFERENCES BETWEEN CANADIAN AND UNITED STATES GENERALLY ACCEPTED
      ACCOUNTING PRINCIPLES</strong></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">These
      consolidated financial statements of the Company have been prepared in
      accordance with Canadian generally accepted accounting principles (&#8220;Canadian
      GAAP&#8221;), which differ in certain material respects from accounting principles
      generally accepted in the United States of America (&#8220;U.S. GAAP&#8221;). The material
      differences between Canadian and U.S. GAAP and their effect on the Company&#8217;s
      financial statements are summarized as follows:</font></div>
    <div><br></div>
    <div align="left">
      <table cellpadding="0" cellspacing="0" width="100%">

          <tr>
            <td valign="bottom" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2007</strong></font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2006</strong></font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>Balance
                sheets</strong></font></div>
            </td>
            <td valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td colspan="2" valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td colspan="2" valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="76%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Total
                assets under Canadian GAAP</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">23,295,039</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">3,901,160</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="76%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Deferred
                exploration expenditures (iii)</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(10,764,455</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(382,896</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="76%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Investments
                (i)</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">17,116</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">121,941</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="76%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Total
                assets under US GAAP</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">12,547,700</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">3,640,205</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td valign="bottom" width="76%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="76%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Total
                equity under Canadian GAAP</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">19,505,956</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">3,314,446</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="76%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Deferred
                exploration expenditures (iii)</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(10,764,455</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(382,896</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="76%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Investments
                (i)</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">17,116</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">121,941</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="76%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Total
                equity under US GAAP</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">8,758,617</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">3,053,491</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div align="left">
      <table cellpadding="0" cellspacing="0" width="100%">

          <tr>
            <td valign="bottom" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2007</strong></font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2006</strong></font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2005</strong></font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>Consolidated
                statements of operations</strong></font></div>
            </td>
            <td valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td colspan="2" valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td colspan="2" valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td colspan="2" valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Loss
                for year under Canadian GAAP</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(3,684,539</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(2,369,724</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(814,710</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: -18pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Future
                income tax benefit on renouncement of qualified Canadian exploration
                expenditures (ii)</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(19,750</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(41,200</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Exploration
                expenses (iii)</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(10,277,556</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(271,397</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(91,400</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="64%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Write-down
                of investment (i)</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">217,000</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#8211;</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Net
                loss for the year under U.S. GAAP (iv)</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(13,962,095</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(2,443,871</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(947,310</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Comprehensive
                income (loss) items:</font></div>
            </td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="64%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Unrealized
                gain (loss) on investments (i)</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">17,116</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(146,470</font></td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(797,365</font></td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="64%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Net
                comprehensive income (loss) items</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(13,944,979</font></td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(2,590,341</font></td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(1,744,675</font></td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="64%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Income
                (loss) per share under U.S. GAAP (iv)</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(0.76</font></td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(0.22</font></td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(0.09</font></td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
          </tr>

      </table>
    </div>
    <div>&#160;</div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">&#160;
</font>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>AVINO
          SILVER &amp; GOLD MINES LTD.</strong></font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Notes
          to
          Consolidated Financial Statements</font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">January
          31, 2007, 2006 and 2005</font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(Expressed
          in Canadian Dollars)</font></div>
        <hr style="COLOR: black" align="left" noshade size="1" width="100%">
      </div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>NOTE
      20 - DIFFERENCES BETWEEN CANADIAN AND UNITED STATES GENERALLY ACCEPTED
      ACCOUNTING PRINCIPLES (continued)</strong></font></div>
    <div><br></div>
    <div align="left">
      <table cellpadding="0" cellspacing="0" width="100%">

          <tr>
            <td valign="bottom" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2007</strong></font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2006</strong></font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" colspan="2" valign="bottom" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>2005</strong></font></div>
            </td>
            <td align="left" nowrap valign="bottom" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>Statements
                of cash flows</strong></font></div>
            </td>
            <td valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td colspan="2" valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td colspan="2" valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td colspan="2" valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: -18pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Cash
                flows used in operating activities under Canadian GAAP</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(494,328</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(988,079</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(758,311</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="64%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Mineral
                properties expenditures (iii)</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(751,981</font></td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(273,234</font></td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(91,400</font></td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="64%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: -18pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Cash
                flows used in operating activities under US GAAP</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(1,246,309</font></td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(1,261,313</font></td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(849,711</font></td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Cash
                flows (used in) from investing activities</font></div>
            </td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(1,095,902</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(225,002</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(226,400</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Under
                Canadian GAAP</font></div>
            </td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr bgcolor="#cceeff">
            <td align="left" valign="bottom" width="64%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Mineral
                properties expenditures (iii)</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">751,981</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">273,234</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">91,400</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
          </tr>
          <tr>
            <td align="left" valign="bottom" width="64%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: -18pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Cash
                flows (used in) from investing activities under US GAAP</font></div>
            </td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(343,921</font></td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">48,232</font></div>
            </td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            <td align="left" valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">$</font></td>
            <td align="right" valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(135,000</font></td>
            <td align="left" nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">)</font></td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>i)&#160;&#160;</strong></font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Investments</strong></font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">U.S.
      GAAP
      requires investments held for sale to be recorded at market. The periodic
      fluctuation in value is recorded as part of comprehensive income (loss); under
      U.S. GAAP such fluctuations are not recognized into operations until the shares
      are sold. Canadian GAAP requires such investments to be recorded at the lower
      of
      cost and market; long-term investments in marketable securities are written
      down
      to market when impairment is considered other than temporary, in which case
      the
      written-down value becomes the new cost base, and the impairment is charged
      to
      operations.</font></div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>ii)&#160;&#160;</strong></font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Flow-through
                shares</strong></font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Under
      Canadian income tax legislation a company is allowed to issue flow-through
      shares pursuant to which the Company renounces Canadian exploration expenditures
      to the flow-through share investors for an amount equal to the share issuance
      price.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Under
      Canadian GAAP, the Company recognizes a future income tax benefit upon the
      renouncement of these exploration expenditures for the amount of the future
      tax
      value of the expenditures renounced. Under U.S. GAAP, the recognition of this
      future income tax benefit is limited to the extent that the issue price of
      the
      flow-through shares exceeds the fair value of the Company&#8217;s shares on the date
      that the flow-through shares are sold.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Under
      Canadian GAAP, unexpended flow-through funds are not classified as restricted.
      Under US GAAP, however, unexpended flow-through funds are considered restricted
      and not part of cash and cash equivalents. As at January 31, 2007 and 2006
      the
      Company had $120,401 of restricted, unexpended flow-through funds (2005 -
      $258,378).</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">&#160;
</font>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>AVINO
          SILVER &amp; GOLD MINES LTD.</strong></font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Notes
          to
          Consolidated Financial Statements</font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">January
          31, 2007, 2006 and 2005</font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(Expressed
          in Canadian Dollars)</font></div>
        <hr style="COLOR: black" align="left" noshade size="1" width="100%">
      </div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>NOTE
      20 - DIFFERENCES BETWEEN CANADIAN AND UNITED STATES GENERALLY ACCEPTED
      ACCOUNTING PRINCIPLES (continued)</strong></font></div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>iii)&#160;&#160;</strong></font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Mineral
                properties interests</strong></font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Canadian
      GAAP allows for the deferral of the costs of acquisition of mineral property
      interests and exploration expenditures subject to periodic assessment for
      impairment.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">U.S.
      GAAP
      requires that exploration expenditures be charged to operations in the period
      in
      which they are incurred. Effective April 30, 2004, U.S. GAAP, in accordance
      with
      Emerging Issues Task Force (&#8220;EITF&#8221;) 04-2, further requires that acquisition
      costs of mineral property interests be recognized as tangible assets. Prior
      to
      the issuance of EITF 04-2, acquisition costs of mineral properties interests
      were charged to operations in the period in which they were incurred. The
      adoption of EITF 04-2 is to be applied retroactively with a restatement of
      prior
      periods. The Company adopted EITF 04-2 as at February 1, 2005, and, accordingly,
      restated its mineral properties interest balance under U.S. GAAP from $nil
      to
      $204,002 as at January 31, 2005, resulting in an increase of $204,002 to total
      assets and total equity.</font></div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>iv)&#160;&#160;</strong></font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Loss
                per share</strong></font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
      weighted average number of common shares used to calculate the loss per share
      under Canadian GAAP is equal to the weighted average number of common shares
      under U.S. GAAP.</font></div>
    <div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>v)&#160;&#160;</strong></font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Recent
                Accounting Pronouncements</strong></font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">In
      September 2006, the Financial Accounting Standards Board (&#8220;FASB&#8221;) issued SFAS
      No. 158, &#8220;Employers&#8217; Accounting for Defined Benefit Pension and Other
      Postretirement Plans - an amendment of FASB Statements No. 87, 88, 106, and
      132(R)&#8221;. This statement requires employers to recognize the overfunded or
      underfunded status of a defined benefit postretirement plan (other than a
      multiemployer plan) as an asset or liability in its statement of financial
      position and to recognize changes in that funded status in the year in which
      the
      changes occur through comprehensive income of a business entity or changes
      in
      unrestricted net assets of a not-for-profit organization. This statement also
      requires an employer to measure the funded status of a plan as of the date
      of
      its year-end statement of financial position, with limited exceptions. The
      provisions of SFAS No. 158 are effective for employers with publicly traded
      equity securities as of the end of the fiscal year ending after December 15,
      2006. The adoption of this statement is not expected to have a material effect
      on the Company's future reported financial position or results of
      operations.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">In
      September 2006, the FASB issued SFAS No. 157, &#8220;Fair Value Measurements&#8221;. The
      objective of SFAS No. 157 is to increase consistency and comparability in fair
      value measurements and to expand disclosures about fair value measurements.
      SFAS
      No. 157 defines fair value, establishes a framework for measuring fair value
      in
      generally accepted accounting principles, and expands disclosures about fair
      value measurements. SFAS No. 157 applies under other accounting pronouncements
      that require or permit fair value measurements and does not require any new
      fair
      value measurements. The provisions of SFAS No. 157 are effective for fair value
      measurements made in fiscal years beginning after November 15, 2007. The
      adoption of this statement is not expected to have a material effect on the
      Company's future reported financial position or results of
      operations.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">In
      June
      2006, the FASB issued FASB Interpretation No. 48, &#8220;Accounting for Uncertainty in
      Income Taxes, an interpretation of FASB Statements No. 109&#8221; (&#8220;FIN 48&#8221;). FIN 48
      clarifies the accounting for uncertainty in income taxes by prescribing a
      two-step method of first evaluating whether a tax position has met a more likely
      than not recognition threshold and second, measuring that tax position to
      determine the amount of benefit to be recognized in the financial statements.
      FIN 48 provides guidance on the presentation of such positions within a
      classified statement of financial position as well as on derecognition, interest
      and penalties, accounting in interim periods, disclosure, and transition. FIN
      48
      is effective for fiscal years beginning after December 15, 2006. The adoption
      of
      this statement is not expected to have a material effect on the Company's future
      reported financial position or results of operations.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>AVINO
          SILVER &amp; GOLD MINES LTD.</strong></font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Notes
          to
          Consolidated Financial Statements</font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">January
          31, 2007, 2006 and 2005</font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(Expressed
          in Canadian Dollars)</font></div>
        <hr style="COLOR: black" align="left" noshade size="1" width="100%">
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>NOTE
      20 - DIFFERENCES BETWEEN CANADIAN AND UNITED STATES GENERALLY ACCEPTED
      ACCOUNTING PRINCIPLES (continued)</strong></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>v)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
      Recent Accounting Pronouncements (continued)</strong></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">In
      March
      2006, the FASB issued SFAS No. 156, "Accounting for Servicing of Financial
      Assets, an amendment of FASB Statement No. 140, Accounting for Transfers and
      Servicing of Financial Assets and Extinguishments of Liabilities". This
      statement requires all separately recognized servicing assets and servicing
      liabilities be initially measured at fair value, if practicable, and permits
      for
      subsequent measurement using either fair value measurement with changes in
      fair
      value reflected in earnings or the amortization and impairment requirements
      of
      Statement No. 140. The subsequent measurement of separately recognized servicing
      assets and servicing liabilities at fair value eliminates the necessity for
      entities that manage the risks inherent in servicing assets and servicing
      liabilities with derivatives to qualify for hedge accounting treatment and
      eliminates the characterization of declines in fair value as impairments or
      direct write-downs. SFAS No. 156 is effective for an entity's first fiscal
      year
      beginning after September 15, 2006. The adoption of this statement is not
      expected to have a material effect on the Company's future reported financial
      position or results of operations.</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">In
      February 2006, the FASB issued SFAS No. 155, "Accounting for Certain Hybrid
      Financial Instruments-an amendment of FASB Statements No. 133 and 140", to
      simplify and make more consistent the accounting for certain financial
      instruments. SFAS No. 155 amends SFAS No. 133, "Accounting for Derivative
      Instruments and Hedging Activities", to permit fair value re-measurement for
      any
      hybrid financial instrument with an embedded derivative that otherwise would
      require bifurcation, provided that the whole instrument is accounted for on
      a
      fair value basis. SFAS No. 155 amends SFAS No. 140, "Accounting for the
      Impairment or Disposal of Long-Lived Assets", to allow a qualifying
      special-purpose entity to hold a derivative financial instrument that pertains
      to a beneficial interest other than another derivative financial instrument.
      SFAS No. 155 applies to all financial instruments acquired or issued after
      the
      beginning of an entity's first fiscal year that begins after September 15,
      2006,
      with earlier application allowed. The adoption of this statement is not expected
      to have a material effect on the Company's future reported financial position
      or
      results of operations.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    </div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Corporate
      Directory</strong></font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Shares
      Traded</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">TSX
      Venture Exchange</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Symbol:
      ASM</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">US
      OTCBB:
      ASGMF</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Frankfurt/Berlin-Bremen:
      GV6</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Head
      Office</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Suite
      400</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">455
      Granville Street</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Vancouver,
      British Columbia</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Canada
      V6C 1T1</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Tel:
      (604) 682-3701</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Fax:
      (604) 682-3600</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Website:
      www.avino.com</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">E-mail:
      ir@avino.com</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Officers
      &amp; Directors</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">David
      Wolfin, President &amp; Director</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Louis
      Wolfin, Founder, Director &amp; CEO</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Connie
      Lillico, Corporate Secretary</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Lloyd
      Andrews, Director</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Michael
      Baybak, Director</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Gary
      Robertson, Director</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Auditors</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Manning
      Elliott LLP</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">11th
      Floor, 1050 West Pender Street</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Vancouver,
      British Columbia</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Canada
      V6E 3S7</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Tel:
      (604) 714-3600</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Corporate
      and Shareholder Communications</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Johnathon
      Smith</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">E-Mail:
      ir@avino.com</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Tel:
      (604) 682-3701</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Registrar
      and Transfer Agent</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Pacific
      Corporate Trust Company</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">2nd
      Floor, 510 Burrard Street</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Vancouver,
      BC&#160;&#160;V6C 3B9</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Tel:
      (604) 689-9853</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Share
      Capitalization</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Issued:
      20,584,727</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(As
      at
      June 1, 2007)</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Fully
      Diluted: 24,534,777</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(As
      at
      June 1, 2007)</font></div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Legal
      Counsel</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Salley
      Bowes Harwardt</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">1750
      -
      1185 West Georgia Street</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Vancouver,
      BC&#160;&#160;V6E 4E6</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(604)
      688-0788</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Standard
      &amp; Poor&#8217;s Registered</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Member
      of
      The Silver Institute</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">www.silverinstitute.org</font></div>
  </body>
</html>


</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>graphic1.jpg
<DESCRIPTION>GRAPHIC 1
<TEXT>
begin 644 graphic1.jpg
M_]C_X``02D9)1@`!`0$`8`!@``#_X0!P17AI9@``24DJ``@````$`!H!!0`!
M````/@```!L!!0`!````1@```"@!`P`!`````@#`P#$!`@`9````3@``````
M``!@`````0```&`````!````141'05)I>F5R(%-O9G1W87)E(%-U:71E``#_
MVP!#``(!`0$!`0(!`0$"`@("`@0#`@("`@4$!`,$!@4&!@8%!@8&!PD(!@<)
M!P8&"`L("0H*"@H*!@@+#`L*#`D*"@K_VP!#`0("`@("`@4#`P4*!P8'"@H*
M"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*
M"@K_P``1"`&'`3T#`2(``A$!`Q$!_\0`'P```04!`0$!`0$```````````$"
M`P0%!@<("0H+_\0`M1```@$#`P($`P4%!`0```%]`0(#``01!1(A,4$&$U%A
M!R)Q%#*!D:$((T*QP152T?`D,V)R@@D*%A<8&1HE)B<H*2HT-38W.#DZ0T1%
M1D=(24I35%565UA96F-D969G:&EJ<W1U=G=X>7J#A(6&AXB)BI*3E)66EYB9
MFJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&Q\C)RM+3U-76U]C9VN'BX^3EYN?H
MZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$!`0$!`0````````$"`P0%!@<("0H+
M_\0`M1$``@$"!`0#!`<%!`0``0)W``$"`Q$$!2$Q!A)!40=A<1,B,H$(%$*1
MH;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF)R@I*C4V-S@Y.D-$149'2$E*4U15
M5E=865IC9&5F9VAI:G-T=79W>'EZ@H.$A8:'B(F*DI.4E9:7F)F:HJ.DI::G
MJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4U=;7V-G:XN/DY>;GZ.GJ\O/T]?;W
M^/GZ_]H`#`,!``(1`Q$`/P#]_****`"BBB@`HHHH`****`"BBB@`HHKE?C3X
MA'AWX<ZA,DZI-=(+:#(SN+\,![[-Y_"JA%SFHKJ3.:IP<GT.JHKY$=F=B[L2
M2<DGN:2O0_L_^]^'_!/+_M3^Y^/_``#Z\HKY[^!7AZ[O/&]GKCP2"TLWD:>;
M&$CQ&Q!)/;.W\ZY3Q#=WE]J\MS?Z@+J5MNZ=2,-\HQTX]JA8).HX\VWE_P`$
MT>8-4E-PW??_`(!]7T5\BQR20N)(G*L.A'44L]Q<74IFN9WD=CEGD8DG\35_
MV?\`WOP_X)G_`&I_<_'_`(!]<T5\OZ1XZUOPQI5UH_AR],,-Z66[#HC^8NW:
M.JY7@GI[>E;OP)OIH_$%]IR3OBYTF=?*W<-A2>G3.>_7KZFLY8&4(N5]C6&8
M1G-1Y=SZ#HKY#KZ3^"MXU]\+])G9<$0NG7.=LC+G]*C$87V$%*]S3#8SZQ-Q
MY;?,ZFBO/_V@?!T^N^%SK.GPSRW%HZ%HXP"!&-^6QUXW<GL.>Q->%7UQJ<S(
MFISSNT2!$$[,2BCHHST`["G1PJK0YE+\!8C&/#SY7&_S_P"`?6M%?(@)4AE)
M!!X(KV(Z+:^(_P!G6#6=<$LUY9VEP]M.\C;ES.??#9"J.<\=*=7!JE:\MW;;
M_@DT<<ZW-:.ROO\`\`]9HKQ7]FN'Q-_:DTUC)(-,\P"^7*%&.Q]G7Y@<X^[C
MMGC%>U5SUJ7L:G+>YU4*WMZ?/:P45\Z?'R663XJZDDCL0BP*@)^Z/)0X'XDG
M\:S?AKKNL>'?%L&H:%%')<>6ZK%+&65P5.00"#VSP1T_"NE8)RI<ZETN<DLP
M4:S@X];;_P#`/IVBOFSXSZ3%H_Q(U2".<2&6?SVQ@8,@WXQVQN'UZ]ZY:JA@
M5.*DI;^7_!(GF3A-Q<-O/_@'UY17S7\./%]WX!DF\3V*12/Y\-O-!*,;X6+,
M^T]0<HHR,XSR#5KXL_%*;XB261M@]O;Q0GS+,2%E$A8_,3M7=\H7U`[=ZGZC
M/VED].Y?]HT_9<S6O;_@GT517R[X6^(7C#P:[?V!KDL*.,/"P#H1G/W6!`/N
M!FOHCX=:_=>*/!.G:[?,K33P?O648!8$J3CZCMQ65?#2H*][HVPV+AB'9*S-
MJBBBN8ZPHHHH`****`"BBB@`HHHH`****`"BBB@`K'\9>!]$\<V4=CK9F"1,
MS1F%PI#%2N>0<X!.*V**:DXNZ%*,9*S/G;XO?"\_#V]BFLY))+.Y8K#)(!G(
M&<'!Z\^@!YP.U<:L;L,JA(SC.*^G?B-X*L_'7AUM)N8LR)*LD#C&58'!ZX[$
M]ZH^&_@UX)T"Q6TN=-COV#[R]U&""<GG;TZ8'O@5Z5/&QC27-JSR:N7RE6?)
MI$P8M$OKC]GJ?3]$LF>ZN%8LMI;E7E/VC!^4<D[%QZD#%>,7NCW5G="S"-)(
M<91%R03T&!GK7UC7SA\3M;OK;Q==V=I:6UHH$6?(@&YCL4YWG+9&?7C`HP=6
M4I25O,,=1C"$6WMH<FZ/&=KH5.>A%)3Y[FYNF#W-P\A5=JF1R2!Z<]J97HGE
M!5_POK<GAS7[76XU+&VF$FS<0'P<[3CL>A^M4**32:LQIN+NAT\K3S/,RJ"[
M$D*,`9]*]7_9K\6:I]K?PA)M:T*R3(2WS(_R<#VZ\>IS7DU=G\"/$&G>'OB!
M!+J;QQQW$+P>?*Y`C+8(/XD`<\`,3VK'$PYJ+5C?"SY,1%W/HAU5U*.H*D8(
M(X(KA/C%\,-'U[PY=:QIUA'#>6L1E_<0J#(%5B0<8YYSW^[C'2N\ILL:31M#
M(N592&&>H->+3G*G)-'T-2G&K!QD?*6D:'>ZS*L5G"[DR!/D3=UKTWQIKNH_
M#SX2:?X!?3)&EO[)VDN')4VX:7>5*X/.&V\D$?I7HGAGX:^#_"-T;S0]+\N3
M=E&>0L4X(P">>AQSFO#OC+JVHS?$76;5[AA&TZ(T?8A54+_(5Z4*JQ55*VBU
M/(G1E@Z+DWJ]#O/V<O&.F2Z==>'+@V%G()D:WB$Q$ER[*0S8=CDX1>%``].:
M]3KY+TBZO['5+>\TN0I<Q2JT#`X(8'BOK-'21!)&P96&58'((KGQM)0J<RZG
M7E]9U*7*^A\N_$0@^/\`6RH_YBUQW_Z:-6=IFJ:CHUZFI:5>26\\>=DT+E67
M((.".1P2/QKT_P"-=G\/O#/BT2:AX4N+F?4(3<2S1ZD8P&+$'Y2C<\9_I7G>
MMQ>&;/7YET:YEO=/X:%N8VY`.TY7^$DKG`SMR`,XKT:,U.FM.AY5>FZ=5ZJ]
MQFNPS7%R^MI&S0W+AVFVG;YC+N9<^H.?RK/J62:-K58U5@WFL2`QV@8&./7K
MSGTJ*M4K*QA)W=Q2[E0A<[0<@9X%)113$%=W\#O'3^$M:ELY9K>*RN@CWTUP
MK,45-V-N",?>YX/2N$I4=XSNC<J<$9!QP1@C\JBI!5(.+-*525*:DNA]'^#/
MB_X7\8:I/I$5U#!,C+]F5IC_`*0"!G;E0,@G&.3QFNLKY+TJ^;3-0AU*)F62
MWE62,JV#D'/!'0^A[8KZ5\"^/M,\::'!J3M!:74A82Z>;M7DB^=E7/`/(&1P
M.M>5BL,J5I1V/9P>+=>\9[F_1117&=YX+XP^-GQ*TGQ9JFDV'B%4@MM3GCA4
MV<1*HLC`+DKSP.O7WK9\/_M0RQK'#XG\-^9C`DN+*3!]SL;@GVW"O//B#_R/
MVN?]ABY_]&M6/7MK#T9TU>)\[]:Q%.H[2_4^E/!GQ>\'>-EE-E<M:-$X41:@
M\<;/D$Y4!SD<59U#XG>"=.U:'1YM>M6DE8JSI=1E(B.SG=\IKYBHK%X"GS7O
MH="S*KRV:U/KM'21!)&P96&58'((I:^;_"_QJ\?^%H8[2WU47-M$JJEO=H'5
M5&,`'[P&!C@]/PKT3X:_'V?Q7J_]C^(],MK9F7]W/`Y"EBRJ`0QXZ]<GZ5RU
M,'5IIO=';2Q]"HTMF>F444RXN;:SA:XN[A(HUQNDD<*HYQR37(=H^N7\:?%G
MPSX)N;C3[\M+<V]JDYACD0%PT@38,MG<`=V,?=&:X#QY\=->U;5I=+\$7XL[
M*!</=F-2\C9'1LL,>F,9!-><W.I1@>=$K332L'DGN@'8X/3!R.W?K7?1P;EK
M/[CS:^/4=*?WGLWQ2^*-_P"'M,\->*M$GDB6_0SO9N@*RQE(R5?G@@/P1WKL
M_"7B2/Q)X4M/$TR)`MQ;^9("_P`J8SGGTX/TKY<NKVZO2IN92P0$(H&%0$DX
M`'`&2>!7=^#_`(MQ:1\,=3\$7EH"_P!EE2SD+`AO,)#*5)'3<3QGZ5I5P=J2
M4=[_`(&5''7JMRVM^/\`P3VS1?$NF:_<WEMISEOL4PCE?*E6)&<J03D?E6A7
MSUX#^(\G@SP=K-O#<A+J\518B`+N1SD%FR<C`QC`-5=(^-_Q(TN_CO)?$,ET
MB-E[>Y4%''H>,_D:R>!FY/EZ&T<QIJ*YEJ_P/H^N0^+]AX$MO#TWB?Q?H:7C
MPHL<,7VIH6F.XE4!4C.,LW?`W'%/\`?%OPYXUTT37%W!9788A[6>X0$\G!4%
MLD8'I1\:/"$WC'P+/:VLNV:SD%W$N,[RBL"O`)R59L>^*YX1E3K)2T.FI*-6
M@W#70^=;^Z6]NGN$MHX59B5BC&`HSD#WQZGFH:EDL;N*;R#;N6R=N$/S`=QZ
MBHJ]U6L?..]]0HHHIB"E5F5@RD@@Y!':K1T>X&E?VOG,9./E4G'..3V]OH:J
M473&TT=;\-_BYKG@*^(E+7=C*Q,]J[X^8E<R`_WL+CGBOH'PWK]EXHT.V\0:
M<DBPW4>^-90`P&<8."1GCUKYY^'WAW2?%^L1>$II1`]PN]+UD#;&"AMN,C.2
M",9'7OW^@?!OAM/"/ABS\-QW/G"TBV^;Y>W>222<9..3ZUY>.5)-6^+]#V,N
M=9IW=X_J:=?,?Q4U*ZU/XAZQ-=!08[^6%`B8&U&*C\<#)/<DUUOQ;^*WBS3/
MB4UMH^HRVT&ELB"WCG/ESM]XLZC&<Y`P<]/K6U+\,/"OQGTY?'FB7ATRXND;
M[1;(1*HGW$DOSP3D'C'!!QS3H1^K6G/9H6)E];O3I[Q?WGC%?0OP&\0ZCK/@
MU++4(%4V(6..0,29%()!.>_;\*\+\3^'IO#.JRZ3<7,<KPS/&YCZ95BIZ_2O
M1/A'\9+/2?[-\#P^%PB7$Z1//%,3F:20`N0>@P1Q[5T8J+JT?=5SEP4U1K^\
M[=#T/XC?#+1?B-9117TC07-N&^SW2+DKD=",C<,X./;@C)KQWQE\#/$_@O19
M=?U#4K"6"-U7;#(Y<[FP."@'ZU]`R7MG%.MK+=Q+*P!6-I`&.3@8'UJ6O.I8
MFK15EL>I6PE&NVWOW/D5HI$`9XV`(R"1_GTIN#Z5W/QYAMM'\<MI.EV<$%M'
M;QND,4"A02#[=/0=!DXQFI?`/]@_%'Q%:^%O$.CP6A6U;RKFP8K+*RJ#AC(7
M!&`QP`/P`(/K>U_=J=M-SQ/8?O73OK>QP9BD7EXF`'7(J^GAK5+G0/\`A([&
MSEFMDF>.X,2,_D;0AW.0,*IWX!)Y*MZ5[U;?`_P3!:7EE+;O,MU)O620*9(C
MG/#8Y'U!_F:O0?"_PS9>%[KPKIR20PWJJMS*&&YP#GI]T>G`'OFN9XZ'0ZXY
M=4ZL^9J*ZCXJ?#J[^'OB#[*I>6SN%,EK/L.`-Q&PG`&X8!('9AZUR]=L)1G'
MF6QY\X2IR<9;H*L6-Q/#<QW<%U+'+"X:!X.)`XY!!&"#D#GJ.*KTJLR,&4D$
M'@@U0D[,]_\`A'\08]4N)/`U[?/=W-C$9%U&>Z#M=!FW8QU^4-CJ>%[5WE?-
MOPNUKPOX?\1V>JZI+?1RQS<&$)Y;#T8EAQT_^O7TC'(DJ++$X96`*LIR"/45
MXN+I*G4TZGOX*LZM+7H?+GQ!_P"1^US_`+#%S_Z-:L>MCX@_\C]KG_88N?\`
MT:U8]>Q3^!>AX-3XWZA1115$A0"0<@T44`=OX:^/_C[PY8KI[/;7T:!5C-[&
MS,B@8P"K#/&.N>GUIGC[XOZM\2+!-)O[.&S@C9946&1CO<#!W9."/O$<9'`Y
MY-<7162H4E/F2U-GB*SAR.6@[S9!'Y(;"DY('<^_K3:**U,0HHHH`****`%5
MF5@RD@@Y!':NM\*_&WQ]X4C%M#J"7D`SB&^4N!DD\$$-W/>N1HJ90A-6DKEP
MJ3IN\78[/0/BU.?$XU3Q9X?TJ_@F9A*C:7`K*6;)<.$R3UZD@Y.>>:F^-?A'
M3='\264GA;3V6VOK!9HXXHAC<7<X7:.<#;ZGD<U@>"%\$MJ3#QM=W45N8R%-
MM"'Y]>>G?'!YQ7LZ_$[X(W5G!;3:C#>C3K;$!N=,D=T4``X+1]3@9]<5RU6Z
M-1.$7YVV.VBE7I-5)+RN]3P>'2-6N<_9M,N),`%@D+'`/3H/8_E6UIO@J*ST
MXZ[XTAU&SLBRI&\5I\TC$,<+O*@XV\\_AW'I%[^T+X#T+2Y;?P9X?=91.-L)
MMEAC<=&?Y3Z`=<'D>AQ+XHN?`WQJ\+-XBM=5NHY_#]H]S/;Q1<H67<4)=0&_
MU6`0?KU%#KU=.:-EW$L-1UY9J3['G=AXO,.E_P!E:)H%I'8PR)+=_;<N]X$;
MY0QQA3RP^4`_-UR,UUNI?L[6NL:4WB7PKK0CBNE6YL[&:U8%(6`81[@[$L%/
M7!R1COFO--4UR741MCLXK8%<2^0S_O>G+;F/<9XP,GITQT'A'XT>+_!^DOI%
MG,LZ"%DM?M!+"#)!R!T..<9]?3BKJ4ZJ5Z>C,Z=2@W:JKKIY';>!?V=Q:RPZ
MQK^I!7BN`\4"0DG:I4_,6P`20W&T\8.>P]*\3:?J.J^'[S3M(OS:W4UNRV]P
MKE2CD<'(Y'/<=*X_P=\>/"%YX9M[KQ1JK6UXN(K@-:NP=P,[AL4C!Z]N<\8Q
M4DO[17PTCO6M4O+MT4`BY6T.QNG`!PW?N!T^E>?4CBJD[R3=O(]2E+!TJ=HR
M2OYZGC/C?P1KG@W6FT[5QO=PSI*-Q$HW$$@LHW=,GZUU'P#U[Q9HVK&PT?17
MN[&^O(4OI!#(PMADC=E>$.#DYZA167XOB_X3[Q3JVO\`AZ]A:%'EF5/G4R(B
MEMX##&=B9(..F.3UT/!/Q0\0^!?!TESI=E;3)+>-N2:`!5P(QGY&7).>I!/`
M["N^?/.ARM7;^1YE/DIXCF3LE\S!^)6CW^G>(9[[53MN+ZZFF>-E*N`7X)4@
M8!R<=<XS6)IVHWFE7:7UA</%)&P97C<J>"#U'(Y':I-<UF^\0ZQ<ZWJ4@:>Z
ME,DA`P,GL/8=*J5T034$F<TY)S;B=K\3?&>K1_$DZWIVJL9K>UME#J^54B-'
M9!CH-Y.1ZYKW'P-XA_X2OPE8:^V-]Q`/.VXQYBDJ^,$\;@<>U?+8?=+OF9CE
MLL<\GUKZ)TK6_#7PO^%EAK.+R:Q,,4D:JJF3]Z`W`^4`9)/XFN#%TTJ<(I:[
M'I8&M)U9RD]-SROX\>*=(\2>,Y8-.TMHI;!FMKFXD;YIF1B.!D@*.<="<G/8
M#B54MT4G'7%3:KJ$VK:G<ZK<?ZRYG>5\G/+,2?YTVRNY+*X%Q$D;$`C$L8=?
MR((KNIPY*:BNAYU2?M*KD^I]"_`=YS\.K:.XB>,I-(%1R>`3GOTZUV55=$&G
M#2+9M(MUBM7@5X(U3:`K#(X_&IKRYCLK26\E!*0QL[!1S@#)Q7@S?/4;[GTE
M./)32OLCSCXG>%?%7CKQHOAB+5)(]):*.1Q]G\P12#@MT&.&_O#O^/E/CWP?
M<>"_$$^C33;UA8+%(T10RJ1G>`<\9R,Y/2NA\8_&SQS_`,)G>W&B:U+:VL-T
M4M[7:I7:AVY((.2<9/UKTJ/PQ;_&+X:Z3/XINY%N&03B:`!07PPY7&"OJ!@\
M<$5Z,95,-&+G\)Y<X4L7*2A?F7?\CYYHJ6^LY;"Z:TF(W)C.#ZC/]:BKT-SR
M]CT_]G[P?X=\5+?/X@MDN&@V-`GVAU8;MZDD*1V'O][Z5[7##';PI!$N$10J
MC/0#@5\D03-!,LRJ"5.0&&0:^B/@CXMU;QEX2FU36=1DN9DOFB+R0QI@".,X
M`0`$98\D9YKS,;1DGSWT[=CV,OKP:]G;7OW/#/B#_P`C]KG_`&&+G_T:U8];
M'Q!_Y'[7/^PQ<_\`HUJQZ]&G\"]#R:GQOU"BBBJ)"BBB@`HHHH`****`"BBB
M@`HHHH`****`"BBB@`K2\-:WJ.DWNRTU1K:.52DX"[E=2""K+SD$$CH>"?I6
M;0"0<@X(Z&DTFK,:;B[HFU&*T@OYH;"Y$T*RL(I@"`ZYX/(!_,`^PJ&BBF(*
M***``$@Y!Q]*T[/Q7J5IH$_ASRX9+>;IYL*LT1[[&(RN<#..N*S**32>XU)Q
MV"BBBF(*TYO&'B&?PS%X/DU!CI\,K2)!@=20?R!R1[L?6LRG1-$N[S8BV5^7
M#8P<CGWXS^=)I/<:DULQM*H!."P'N:]$C_9S\37]CIU[I&I6[I>V232M.-GD
M.R[BK8+$C!`!7.3G(`YKH_!?[.=E#>+JGC)A(C0JPL(I"NUV0;E8KTVL6`VG
MYL`\#*G"6*H15[G3#!XB4K6.I^"VFZKI?P\L;?5PX=@7A#RA_P!TW*8QT!'(
M';/-=/>6ZWEI+:,<"6-D)(SU&*>B)&@CC4*JC"J!@`4M>+*3E-R/?A!0@H]C
MR&^_9JU*_P#%-U>SZ];BPGG,B-&&$J[FW$;"".,D#YO0^U>H>&="M_#&@6F@
M6LSR1VD(C61P,MCOQ5ZO,?V@OB9JWAGR?".A.\$MW;>=/=H[(\:[_E\ME8$'
M*.&R.A'J:W4JV*DH-G.X4,'%U$CRSXBZ[HWB7Q?=:UH%M+#:S"/RTG&&X15.
M>3W![UB445[48J,4ET/`E)SDY/J%>[?LP_\`(@WG_88D_P#145>0>$O"S^+[
MY=&L;R&*ZE8!#<A@@&0!RH)R20.G<>Y'LO[-UA=:?X#N%NHPOFZDTD>&!RIB
MBP?TKDQLE[%KT.[+XR5=/I9GC?Q!_P"1^US_`+#%S_Z-:L>MCX@_\C]KG_88
MN?\`T:U8]=5/X%Z'#4^-^H44451(4444`>8?M5_M2>$_V6/`<'B?6M(GU;5-
M4G>T\/Z):R;&O;H1,Z*[X;R8=P1'FVL(_-4D'(!\)O/V]/VJO#OAK4/BU>?!
M?P1K?AJ:]M[/2=.L/$S6TME<2Q^<L5U=H;HLWE+(1FTAR8V4A2K`=#_P4H^`
M'Q7^*S>#?B)\-M!N-<M_"L6J1:QH=K*#(8[C[)*MXD1.9WB%FZ*B!I2;G"*V
M3CYT\1?&[X,7'[-&A?#'P9XGM-:\0ZIK4&IV^@?#[1]5OKR]9+:X6?[=;R0M
M-)=0*RA%LE,,:&Z:09PU?G/%.=<0X',U2PMXPM>-HI\\M/=U3O;LK/\``_5.
M#L@X7S'*'6QEI5.:TKR:]G'^;1JU^\KK\3]!O@K\7?"?QW^%^D_%7P5.S6&J
MQ/F*3[]M/%(\-Q;OVWQ31R1-C(W1G!(P:ZFO'_V$O@_XU^!_[->D^"/B%9PV
M>JRZGJ>I7&FV\_F+8B[OI[E82PX\P+*#+M+)YS2[69=K'V"OO\+.M5PL)U8V
MDTFUV;6J^3/S3&4Z%'&5(49<T%)J+[I/1_-!1116YS!1110`4444`%%%%`!1
M110`4444`%%%%`!1110`4444`:&GW.A/9BTU6UECD\\'[7;H';RR,,I0D`D8
M!!!'5@<\;>G^%?PTT'QSK[6D_B@>5#`TDMO;PNLQY`!#,FP#+#GDG!&T?>'%
M/%+&%:2-E#KN0LN-PZ9'K7I/@?1/$'@7X9ZI\2;&X^RWLB1QV@EML9B>2`[\
MR<$$%@.,=P36%9N,-'9O0Z,.E*?O*Z6K]#/^'?QOU7P/'/:ZA%<ZI;LJ);Q3
MWS#R%7.`F5(`P<$>RXQCGW'PSXJT'QAIQU7P[>FXMUE,9D,+I\P`)`#@$]1S
MTKY3KJ/`GQ-\5?#B7_1%\ZVEC)%G=._E\D'>H!`!X'.#QGUK'$82-1<T=SHP
MN-E2?+/6/Y'TI5'Q+XBTSPGH=QXAUB1EM[9`7V)N8DD*`!ZDD#TYY('-1^%_
M$=GXBTJWN8[VV>Y:S@FNH()<F(R1AQD'YE!!R,@$BN=^/'A_Q)XD\#?8/#5O
M-,ZW:RW,,+X,D2HY(QD;_FVD*,DD#`S7F0@G449:'KU)M4G*&NFACV?[3_A*
M2>5+_0;^*,28@DBV.77)Y8$KM.,<#=U//'/"?%WXGZ-\19XFL/#C6\EJ[)'>
MO,I::(]%9=F1SR/F(&6ZYS5+1?@Y\1-:DDBC\,W$!2-F!O$,(;"D@`L!DDX7
M'JW.`&(UK[X">+-/\'2:Y<V$AOH7"G3[<^:[@LH#*$#9^\<CC&S/.:].,,)2
MJ)IZ^IY$ZF-KTVFM/0X&BBBNT\\ZWX*ZU8Z1X]L5O=,MYS<W"11RS%]T3,=H
MV8.W.6!^8'[O!!YKZ/KY&M[BXM+A+NTG>*6)P\4L;%61@<@@CD$'O7OW[/FO
MZSXB\%7%YKFI374L>I/$DD[EF"".,@9/)Y)Z^M>=CJ5_WAZV6UMZ?S/%OB#_
M`,C]KG_88N?_`$:U8];'Q"5AX]ULD$9U>Y(]_P!ZU8]=]/X%Z'F5/C844451
M`4444`%<5X=_9K_9S\(:]:>*?"?P!\$Z7J=@TK6.HZ=X5LX)[9I%99#'(D89
M"RLRM@C(8@YR:[6BIE"$FFU>VWD7&I4@FHMJ^_GZA1115$!1110`4444`%%%
M%`!1110`4444`%%%%`!1110`4444`2V]R;?(\B)PQ!(D3/3MGJ/PIT,=G<MY
M9$J2.X"+&NX'/;'7@_7.?;F"O5/AW^S\NN:+;^(=<U*6U%RL<L$42@N(RH8.
MKAL`G.1E?EQR#656I"DKR9K1I5*TN6*N=/\`#[X+^'T\+6TOC33+:_O9(PP9
M9"4BC/*H"IPW4DL.I8\D`&K?Q&^&NI>*['2/">@ZI+I^EVT+Q7(1BZ[%">4&
M4N"^"G!.2#S]>RM+6"QM(K*U3;%#&J1J6)PH&`,GD\>M25XSKU.?FN?0+#TO
M9\EOZ]3YPU+X1Z['X[N_!&A,;Y[1(V:=8@@(:,/D@L0O4C).,CU(!]$N?V<M
M)O\`PC8:7+J8@U6`#[3J*H\H<?,3&%+J,`L`#C.%Z<FO1(M*TR"_EU6'3H$N
MIE"S7*PJ))`,8#-C)`P.OI7ENH^/O'/Q*\72Z%X!NI;;3K:-IH+B!5CDN5&U
M"Q9SC;N8X`P<'YAGITJO6K-<KM;=_P!?D<CPV'P]^97<ME_7YEKX.?#CQ_X4
M\3S:IK]W+#;/;"-HFN%D\X*`J*P!.-HQM(Z!2.`<5Z?5'Q!XDT+PKI_]J^(=
M2CM8/,5`\F3ECT``R2>IX[`GH#6;XE^)OA'PQX;@\475^9[>Z`-HEJ`SS`XR
M5!(Z9YSC'3J0#S3=2O+FMOH==.-+#P<;[:ZLZ"BN%T+]H?X=ZU?"QFEN[#=@
M)+?0JJ$D@8W*S;>N<G``!R:MZY\<_AUH>HP:<VK_`&OS7VR3V($D<`XY9@>1
MS_#N/![TO85D[<K&L10<;\R/+OC/\+='^'CVMUI>J3RK>,PCMY85^14"[B7!
M&3EEP`HXSSQSP8QGFOI[6M`\#?%'20EQ);:A#$["&ZM+@,8G(YPRDC/0[3D'
M`R#@5YAXP_9PO=!\.'4M"U:74KJ*0>;`MH070G'R*I8DC(X]-QSQBO1P^*CR
MJ,WJ>5B<%/F<Z:]TX"#P[?ZAI<^M:9"TT%JR+=!0282^[;NXZ'8>>F2!U(%>
MS?LP_P#(@WG_`&&)/_145>.^'-?N/#=Z1<V[W-E(Z?;M/-P\:7"C)`8H1R,D
M@G.#V/2OH#X2MX(D\-2W'@)Y?L<MXSRPS)AH)2B$Q].<#:,Y;_>-&-E)4K,>
M7QBZUT];;'A/Q(AQXWU>0[4SJ=R4!SE_W[@GTZY';I^>&89@RH8FRV-HV\G/
M3%;/Q$N)G\=ZU&SY"ZK<HHQT'G.<?F:[7X9:;\,U\)CQ#XQTK9+:R*D3M?MN
MG<-N+)$K`\!XP>HP`<#YL[NI[.DFU<Y53]M6:O;U/+Z*[77O@YXGEA;Q!X;T
MBYET\VQF=[D11R+C.X!!*['IGUYQBN+960X92/K6D)PFKQ9E.G.F_>0E%!!'
M44$$<D=>E60%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%
M%%%`'I'P4^%/B6_UG3?'+O;PZ?#-YJ.TH9Y@-PPJKG&&&#NQCMGI7NE<W\(-
M*N-%^&VDV5TZLYMS+E<\+(S2*.0.0&`/OGKUKI*\+$595:KOT/H\)1C2HJW7
M5A1116!TA5#PYX8T/PEIHTCP]8_9[<.7$?FL_P`QZG+$FK]%.[M85DW<Y?XM
M>!KOQ_X9BTFQNA%+#?1SKN'#8#(03VP')S@_=Q@YKE_B_P##ZULOA)8/)<LL
MN@0H"J-E9BY1'Y."/F.X'ZC'(QZA7$_M`:!-KOPZFF@?#:?.MT4P/G4!E(R2
M,8#EN^=N.];T*DE.,;Z7.;$TH.G.5KMH^>3C/`X[4445[A\Z>F_`CXD-INNS
M:3K,]G%:W2;I+FYN5A$&P-C&X_/EFQMZ\YZ`X]OKY#`).`,D]`*[S]GJ"WE^
M(ML+V],+0Q2R6L10?OI#&5*YZC"%F_X#7!BL-&5ZB=M#T\'C)1M2:O=GMWB+
MPAX=\5HB:_IWV@1HZ(/.=,!MI8?*1UVK^55_`G@32/A[I$FBZ+<W,L4MR9V:
MZ=6;<55<?*H&,*.U;5%>9SSY>6^AZWLX<_-;4\J'[/LNM^-]0UOQ'=;+.XU"
M>=(XCEI%9R0,@C:>3V/3WKJX/A+X>M+W2I[6XG6#2`/LUN6SEO,:3);K]X_I
M7545I+$59=3..&HPV05RVH_!?X<ZOJ5QJNIZ$TTMS,TLF;N50&8Y8@*PZGG^
M6*ZFBLXSG#X78UE"$_B5SSG6/V:_"-]('TS4[JT`!)0XD#,>YS@_A7G'C[X4
M^(?"NLBRM],EFMI)"+>YC4MN3C!;LN.>I^O8U]&TV6*.:-H9HU='4JZ,,A@>
MH([UT4\95@]=3EJX&A46BLSY&*DY*@XSCI2O&8\9(.5!&#FO1/B+\%=5\*7-
MQK>F21SZ<0TIWA5\L@;MI7(ST;!&>.U<7)I:W<,"V<S%VDD58Y%8%8P%96)V
MXY+-P">G;@GUH585%='B5*,Z4K21FT4LB-&[1MU4D&DK0R"BBB@`HHHH`***
M*`"BBB@`HHHH`****`"BBB@`H`).`***`/J[PQ&L7AK3XE<L%L80&/4X0<\5
M>KYI\'?$?Q3H^NZ9Y_B#49+*WN(5>S6\<J8@0"@4L%^Z.`<#\*^E(98YXEGB
M;*.H93CJ#TKP\10E1EJ]SZ+"XB->.BM8=1117.=04444`%<3\;O''A[0?"=Y
MX?NKQ'OKZW*PVB$[L$@%FP#M'7&>N..AQVU>7_'OX6:KXDE'C#1'61K>V*W5
MNV`=B@G<I[X].OIGI6^'4'67.[(Y\4ZBH/D5V>*.P9RP&,G.*2G31202M!*N
M&1BK`]B*;7NGS85VOP8U>>;XGZ3/J,N\(TD<?R8Y:-P!QQU;O7%4];F9(3`C
ME58_-@XS[&HG#G@X]RZ<_9S4NQ]<T5\\^%_C+?\`ACP1<^$(]-2<3I(L+O(P
M$&\$'`[CO@8Y).:]$_9KNYKSP+=23MN8:JZY))S^ZB]:\BKA9TH.3/=HXR%:
M:BEJU]QZ%1117*=@4444`%%%%`$&I:=;:K8RZ?=KE)8V0D`97((R,]#S7SMX
MO\+W'A+79O#&JM$RP-&WV^W^5FC(D*$CD@G=@]@5`YX)^D*YGQE\.4\77L]Z
M=4$#3:<EJN;;>4VS"3>#N'7!7'OU[5TX:O[*6NQR8JA[:*:W1\[:Y%&UY)?6
MLCM!-*QB,A&_&<C(^GX9R.QJE79:I81:4^H^%]3MFDN[&='B?R`WFCE2A.?E
M'SE@>0=H]<UR%PD228A9BN!RXP<]_P!<U[$)<R/"J0Y6,HHHJS,****`"BBB
M@`HHHH`****`"BBB@`HHHH`****``<'(./>O7;#]I33=#TK3='@\/3WIM[&&
M.[N9+D1DR*H#%1M8L..I(S^M>145E4HTZMN8UI5ZE&_([7/ISPE\3?!WC*U2
M;3=8ACF9@AM+B0)*&('`4G)&3C(X)KH*^0P2#D'!'0BO7?A9\>M`T3PU!X>\
M727GFVVX)=E3*&3)(!.=W&<#C&`!VKSZ^"<%>&OD>KA\P4WRU-/,]?HJIH>O
M:1XDTY-6T._2XMW)"R)GJ.Q!Y!^M6ZX6FG9GHIIJZ"FSPK<0O`Y(#J5)'7!%
M.J'4;^UTJPFU*^E$<,$9>1V(```R>M"O?0;V/FKXK:$_A[X@ZII[-N#7)F1L
MYRLGSCL/[V/PKGJZGXO>+]/\8^,KF_TN`"!'"1S$#=(`BJ2<$Y&5..>AKEJ]
M^ES>S7-O8^7K<JJRY=KA1116AF%>[?LP_P#(@WG_`&&)/_145>$U[M^S#_R(
M-Y_V&)/_`$5%7)C?X#.[+O\`>?DST:BBBO&/>"BBB@`HHHH`****`/)]<^$F
MKZCX_O-0CO8;S?=--L:[VR)"X<[2N[(`9E`]=N>.E<Q\9O`C^"_(DFG$XN7(
MAFV;<D`%CC<<'D#WQ6S^TAH%[::];^*(43R;BW$+R-$#M93QG@XX/7CTK7^,
M?@>_\2Z=I6H^&-#:\D-CY4KJ2"(P%,?R\@?>?\^^!CTZ=1IP;EH_T/(JTHR5
M2*CJOU/$J*M:UI%[H.IRZ3J,)CGAP)8VZJ2`<?K56O1335T>6TT[,****!!1
M110`4444`%%%%`!1110`4444`%%%%`!1110`4444`6+75=4L8S#9:E<0H3DK
M%,R@GUP#7;?`?7O$%S\2K*SFUJZD@DCF\Z*2X8JP$3$<$\\@'\*X&NN^!D\5
MK\3].N;BX2**-9C))(X50#"X&2?<BLJZ3I2]&;X>35>.O5'T7<3?9X'G\IWV
M(6V1KEFP,X`[FO!OC7\4M8\1:O/X9LQ>65E;2E);>4A&F(`^\H[9!(!)['`[
M>^5\]?M"65O9_$JX:W@5/.MXI'V_Q,1@G\<?UKS,"HNMJCULQ<U0T?J<1111
M7L'A!1110`5[M^S#_P`B#>?]AB3_`-%15X37NW[,/_(@WG_88D_]%15R8W^`
MSNR[_>?DST:BBBO&/>"BBB@`HHHH`****`,CQIX2M?&>D+I-U*(PLZRJYCW8
M(!'3([$T[P3::_8>%K.R\3RA[V*,I,P?=D!B%Y[G;MYZ^N36K15<SY.7H1R1
MY^;J>0_M"^!+&T2;QI#%&)+J:*,[2VXN%.>.F-JDY_3O7D)!!P17N_[1VL:E
M8^%X-+BMHC9WS,MS</$Q:)U*%`K#A2?FSD'*AL5XR^C6]TEM'H5W]LN;CY39
MPQN958`9X*`-DY(VEN,9P:]?"2;HKF/$QT(K$/E,ZN-U+]HK]GW1?B';_"'6
M/CKX-M/%EY)&EIX7N?$]I'J,[2#**ELT@E8L.0`O(Z5YS_P4I\3>+_`WP#_L
M#2-5OM)EUS7HM(U62S9HKE;=X)WDC5U^>$MY01F7#*I;!4\CY-^&O@;P1JOP
M+\466O?"3P]8>'=.LB#XB2VD2>?4V+M;6B!I#"YD)^>-(L^3"SG:5+GYGB#B
MZ&28V.%C2YY./,W>RMKY/71[V2[GUO#/!%3B#+YXR5;DBI<B5KMO3SCIJMKM
MOH?I517SC_P2[U[5[[]G&\\(ZKJMW?KX8\4W6G6E_J-U)-<SQO#;WA,LCL=Q
M#W;H-H50B(,9#,?HZOI\#BZ>/P=/$T_AFDU\SY',<#5RW'U<)5^*$G%_)A11
M174<04444`%%%%`!1110`4444`%%%%`!1110`4Z,J'&YV4=RHR:;10!]"_!C
MXC:7XG\,II5Q?RF]TZW_`-):Y4#,8)"MNSR`NT$GG/7/6O//VB]6\/:KXPB;
M2;M9IHK18KEHU&P$$L,.#\QPV",<;>IY`X2QU/4--\W[!>21":)HIA&Y`=&!
M!4^HP34!)/!/3I7+3PL:=9S3.RIC)5,.J;7S"BBBNHXPHHHH`*]V_9A_Y$&\
M_P"PQ)_Z*BKPFO=OV8@1X!N\C_F+R?\`HJ*N3&_P#NR[_>?DST:BBBO&/>"B
MBB@`HHHH`****`"BBB@"*\LK/4;9[+4+2*>&08>*:,,K=^0>#7C?QT^%DNE:
ME#XD\'Z''#9NH%S]F;;Y<VXX;'1000!C@%<<$C/M-%:T:TJ,KHQKT(5X<K^\
M^.OC+\#_``E^U+\(]6^`WC"WN[2ZU'RPUSI2YN95BD68.F])E$Z/'&Z,$``5
MVY?::^#?BK_P3F_;1O?B1#X)^%GQ`\(P_#1[N&9;K4M4NCJ5CYB1I>S1QFW-
MO]H(11&3&RGRT$F0,5^GGQG75/"?Q3FU6VL((X[@I/9N\2E6.U`[<=#O4YSS
MR3_%D\CXIUJ+Q!>Q:H1_I+VX%Z50*AD#,!L'7&S9UYSN[8K7&9/EN;N$\334
MK;>76WIY&.!SW-<C4Z>$JN%]_/2R?JELSSSX*_`GX9_L_>%&\'_#+0WM;>6=
MIKJYNKE[BYNI#T:6:0EY"!A5W$[54`8`KL***]>G3IT8*$$DEHDM$O1'AU:M
M6O4=2I)RD]6V[MOS844459F%%%%`!1110`4444`%%%%`!113X();F58($W,[
M!5'J3TH`93_(G\OSO*;9C.['`&2/Y@UZA\+O@Y<".YU3QY8BUL/L[-YDKJK#
M&#NRPRJ[2W/'3.>E>A6'A#X:^*]*$MI8PWUN(8[83B5\[8@`H#`C!&!DC&>A
MS7)4QD(2LE<[J6`J5(W;MZGS5171^//AUK/@2*WDU>R:(W,LJH1,KJ0N,8P<
MCKWYKG*Z8RC-71QSA*$N62U"BBBJ)"BBB@`IT<;S2"*)2S,<`#O3:L1,+.W9
MWBQ,Y'E,W\*\Y(]#G&#]:&"-/PKI4%GKFG:CXK06NF/<!II+F-OWD8)#;0`6
M;H5RH^4D9*]:^A/A_K_@_P`1:5<7O@FRCAM$O7CD\NU$(DD"J2^`!G(*\D`^
MO2OF.:>>YD,UQ,\CGJ[L23^)KW7]FAH6\!71ACV_\35]P]3Y45<&-A>GS,]+
M+ZEJO(EI^)Z)1117E'M!1110`4444`%%%%`!1110`4444`>3?M26!:TTC4EM
MS\LDL;S<X'"E5]`3ACZG!]*\<KVO]J35%A\/:7HGDY-Q>O.)-W3RTVXQCOYO
MKV]^/%*]K!W^KJY\_C[?6G;R_(****ZCC"BBB@`HHHH`****`"BBB@`HHHH`
M*T-$\3:EX>NH+S3/*22WE612T>=S!LC.?H.F*SZ*32:LQIN+NCHO%GQ3\:>,
MY(_[9U0>3"^^.UAC"Q`X`Y'\7_`L]3CJ:UO#/QY\6>%_#O\`8-G8V+E#^XG-
MN$V#C@JF`W0\GDDY)-</7H7P5\->&M16_P!5\3.R6UK"FZX5\*C,V`"1WK&K
M&C"GK'1'11G7G5TEJ^IF^)/B%XI^(-G'HWBN-%5'$T,T-J04X(Y`Z@_A7,S:
M+JMO="QN-/FCF89$4L95L$;@<'D9'/T-;WCWXA#Q)J,)T'3(=-M+5&6&*W`R
MV<9+':-WW01D<<U[-\&O$5]XS\!17NNM'-(DS0L/*`!"XQD=,]#6<ZDL/34E
M'3L:TZ4<55<7.[[]SYS>.2,XD0CKU%-KT+QWK?ASQ%X2GBUHV-MXATW4'B,=
MG;A/.CSU)7AL'(X)'4XYS7GM=%.;FKM6.6K!4Y63N%%`!.2!TZT59F*CM&XD
M7JIR,C-#N[MN=B3ZDTE%`!7NW[,/_(@WG_88D_\`145>,^&_#]YXAU:WTZWM
MG?SY?+4JP7+$<#)X]*]\^">@V?ASPI/IUI>K.?M[&8J0=LGEQ@KP3TQ7%C9+
MV7+U/0RZ$O;<W0["BBBO(/<"BBB@`HHHH`****`"BBB@`HHHH`\7_:EOUDUK
M2=+$G,-K)*4QTWL!G_QP_E7E=>J_M2Z>L>L:1JH;F:VEB(S_`'&!_P#:E>55
M[F%M]7C8^=QM_K4K_P!:!11170<H4444`%%%%`!1110`4444`%%%%`!1110`
M5ZCH6AWTO[.UVNDQ`RW>HJ\Q"A24#H`"2><%1^?UKRZNL7XH7$/PO_X5_;VS
MI*]T&DNE8`>4"&"C'.=P'/H/>L:T9R4>7NC?#SA!RYNS.3KOO@9\1;7PAK<]
MOXAUEK?3);=L1'>R++D$,%`/.`1GTQSP*X&M_P`-:+X=U71[F75M?2T:!@VQ
MRF]\D#Y%)!?@\_,`.3SBJJQC*FU+85"4X5%*.YBDI=7A:1RJR2$LV"VT$\GW
MQ73Z)9_"VS@`US6KBY>6+EH(6B\LG.1\T;[B.,$8[]>S-7\8^%=/=(_`?A4V
M\D0*G4M0G,LTHQ@'R_\`5H1DG(!YP1@BN9N;F>\N)+NYDW22N6=L=23DT6<U
MK=!>--Z6;-WQKJ7@^2"VTGPA9S>5!EI+R><LTI(&%V[$`VX/..<^U<_1151B
MHJQG*3G*["O3/@O\(=.\66[ZWXA60P0SA5B"E1+CD@.&Z=`<#N1D&O.].T^\
MU*X\FRMVD=5+;50MT&<8'KT'N17NWP)\2ZM?:._AG5-%FM_L(+1W$V090S%L
M8*CH2>?I7/BYSA2]TZL%3A.M[YV6E^'M`T/=_8NAV=GO^_\`9;9(]WUV@9J#
MPOX4TWPE:W%IICRLMS=O<R>:5)WL`#C`''RBM.BO'YI6W/>Y8JVFP4445)04
M444`%%%%`!1110`4444`%%%%`'C'[4T>I#5](FEN$-FUM*((@/F64,OF,>.A
M!C`Y/W3P._E5?17QU\,S>)O`,J6Y;?93K<A40L6VAE(P/9B<]L5\[LA158D?
M,,C'U(_I7LX.:E02['@8^#CB&^XVBBBNLX@HHHH`****`"BBB@`HHHH`****
M`"BBB@`HHHH`****`"BB@8SS0`5W?[/.@Z-X@\<S0ZWIL-U'!ILDL<4Z;DW;
MT7)4\-PS<'/7/4"N5M[=UM;>2V!?-P=[(>FX`!3@<$X;&<Y].M>__"'PII6A
M^%;;58-.\J[O8%>=W0!@#C@<#@X!]\_2N7%U>2DUW.W!474K)]M3IK#3[#2K
M1+#2[&&V@CSLAMX@B+DDG`'`Y)/XU-117B[GOI)(****`"BBB@`HHHH`****
M`"BBB@`HHHH`****`$DC25&BE0,K`AE89!'H:\%_:"\#0>&/$,6LZ;;V\%E?
M+MAMK=0HC9%`;Y0``#D'C.26SBO>ZQ/'G@71_'NBMINIQ?O$4FUF#$&-^/3J
M#@9'I[X-;X>K[&HF]CFQ5#V])I;]#Y>HJ]XBT&\\-ZK)I5Z%WH%.5;(((S5&
MO<335T?.M.+LPHHHIB"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHI0
M"QV@<F@#K/@Q9KJGCFPTZX7=;?:/-N5;!5MJ.%!'4Y)QZ88Y&,U]&PPQ6\2P
M01*B(H5$1<!0.``!T%>%_L\>'Y]5\2M??:FC6PVR%0YPW)&,`X->[5Y&.DG6
ML>[ET6J%WU84445Q'>%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110
M!EZWX,\,>(+8VVIZ+;OR"LBPJ'4@YX;&1Z?3(KQSXP_!:'P39#Q'H-YOL0RQ
MRQ3L?-5CT.<88?ECC@\FO=ZS?%_AJQ\7>'+K0+^%76>,^67)&R0<JV1SP<']
M.0<5T4*\Z4UKH<V(PT*T'IKT/E6BM-_#MSIWBA/#FKQF-Q>>1+D=/GV$C!Y[
M]\5L>.O@]XK^'^FIJNL26LT#RB/S+21F"L03@[@I'3TQ[U[+J032ON>`J51Q
M;MMN<I1115F84444`%%%%`!1110`4444`%%*T<B#+(1]13UM;B0_NX';KRBY
M'Z4`1T444`26MN]W<QVJ$!I9`@)Z`DXKV;X6_`K28K"WU_Q3%YT^])K>)6^0
MKPP+<G<#QQQQUZ\6_@!X"TFP\-1^*[NSCDO+HL(Y&PP1%?J/0Y'_`(Z,=R?1
MZ\O%8MMN$-#V,'@XI*I/6_0;##%;Q+!!$J(BA41%P%`X``'04ZBBO//4"BBB
M@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@#R[XX?"R]OI
M4\:>%8$66V5I+R-20S$-OWC`Y.2<\C''OBEI?C^/XS>$=0\$:_'#!JB6PEL'
M4\W$B#LIP`Q/8=F.`-M>G^)VU5/#]VVBV4%S=>2?*M[E24D]5('7(SQ7S7;Z
MIK/A/QE%X@GTAK&>&\$_V/RVB51O),>#R%X*]^.*]'#WK4[/>.QY>*MAZMUM
M+=&3<036L[VTZ;7C8JZYZ$'!IE>N^,_`7@7QWX;N?&OP^D"W,,'G7%A`FYBS
M?-@J"2K<GIE?EP,8)KR*NZE555>9YM:C*C+NGL%%%<7\3/VC/@3\')6L_B9\
M6-#TB[6-7&FW%^AO)%;.TI;J3*^<'[JGH?0U<YPIQYI.R\R(4ZE67+!-OLM3
MM**Q?`OQ&\`?$_0D\3?#KQGIFN:?(2HN]+O4G0,`"4)4G:PR,J<$9P0*VJ::
MDKK8F491;35F%36]C=W!4Q6<L@8X&Q#\W.,#C\*;:0&YN8[=>KL`/\X-?27A
MGX3^#?#UC#"=(CN)D(=YILME\[N`>``3P,=`,Y/-85\1&@E?J=&&PTL0W9VL
M<!;_`++6IO9M+=>+(([@`[8([=G0GMER01G_`'3CWK+UW]G+QQIUM`^DQP7\
MK#$Z07"J$/?F3;D>G\N,GWFBO.6-KI[GK/+\,U:UCR'X5_"JYM]:N-,^(_@L
MN7LQ-#-)AXE(8+MW(=H;'(&<XS7>6_PF^'=HC1P>%H%#,6/SN<9.3C)X''0<
M5T5%95*]2<KWL;4\-2IQM:_J>8W?[,7AN?4IKB#7[F*VD;=%;K$I:,]QN)P1
MSQ\N1@<GOYS\4/AI?_#G5U@:4S65P3]BN6V@O@`L"H)((W`9XSU'H/I2O+OV
MG]'NKW1M+U2!&9;:XD23"G`WA<$GH/N8Y]:Z<-B:LJJC)Z')B\)1C0<H*S1>
M_9R\5VVK>#V\.,^+C39#E#WC<E@1GKSNSZ9'J*]#KP+]G7Q&=&\;G3'MPZ:C
M#Y1;=@HP.0??T(]\]L'WVL<7#DKOSU-\%4]IAU?IH%%%%<QUA1110`4444`%
M%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`5@>,/AOX5\8V$UO>Z5
M;Q7$H^6^CMU\U#G/WL9(R3D9YR>AYK?HIQE*+NF3*,9JTD>"_L^^*9-$\8GP
MW?PLT.J)Y3!R<(RAB,KCG/*X[;OK4GQ?^$&OV/B"]\0>&_#J_P!F.Z&&&Q3<
M4_=KN.Q1\HW!CGH/;BNN^(_P:MU9O&7@F1K:_ME:5XF<NKD;F+#<&^;GITZ8
MQCGI/A=XKU3Q9X5M[S6K&:.Z2,":=X@L<YW,NY2.#]W)P``3QQ7H2KVE[:'H
MT>;##WC["ITU3/F<@J2K#!'4&OR_NM9T_P"(W[0K>.OC%H"^)Y9?%<QGT_59
MY`+=/M#JMDK??ABBSY6U"K85N0S,U?L-\7_@K-X1@D\4Z->27-H\Y\V$PG=;
MJ>A+`G<,Y&2!CCKFOAGXM_\`!-6Q\9_$C6_B/\/?C'<>'Y->U!M0NM-U'0UU
M"WANGP97C*S0R!7<;]K.V&=\$+L1/`XMRW,,[R^FL"[N,KN+=KJWGIIV>A])
MP3FV6</9I5>8QLI1LI)7<7?=6U5^ZU5CQSX$^)M?^"_[>NG?"WX::S<6/AG5
M?&>KZ/<^$8YV-F;=8;R82QQ$[4F0VT3F7[Q2)US\YS^@=>'?LU_L.^#_`(`^
M.KWXO:KXQOO$?B_4+26SFU.2!;6VAMI'C<PQ6Z%L#?&7W.[MND<`A=JK[C7I
M<-9=C<LRQ4<5*\KMVO?E3M:-_+[NQY/%N:9?F^;NO@X<L$DKVMS-7O)KS^_O
MJ7O#>F7^L:[:Z=I<>^XEF"Q)NQN/IGM]>,>HZU]4V7VG['%]L_UWE+YO3[V.
M>G'6OG'X+736?Q.TF5$!9IV3GH`R,I_0U])UV9@WSI'%ED5[.4O,****\\],
M****`"JVKZ-I>O6+:;K%C'<0,06CD'&0<@U/--#;QF:XE5$'5G;`'XFN1U;X
M[_#/2;EK4ZZ;AT8J_P!E@9U!'^UC:1[@FKA"I)^ZB)SIP7OM+U.$\!_"_P`1
M>$_C#%:7&GSRV5M*Q745M)!$Z^674AN@.<*1DX)(YZU[77(:5\=/AKJU['81
MZVT,DAPAN;=D7/H6(P/J<"NLM[FWNX%N;2=)8W&4DC8,K#U!'6M<1*K.2<U8
MQPT*,(M4W=7'T445SG2%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!111
M0`4444`%%%%`!1110`4444`0ZA86FJV$^EW\7F07,+13)N(W(P((R.1P3TKY
M9\6:4FA^)]0T:)PRVM[)$I!SP&('-?5E?.7Q&^&7BO0O$>H73:1,]H\[S0W,
M:%D96<X&1G#<_=//X8)[\!-1DTV>9F4'*$6EL<A11TZT5ZIXQI>$_$ESX3U^
MVUVU@65K>4/Y3G`;';/;K7U1%+%/$LT,BNCJ&1U.0P/0@]Q7R+7M?P,^*VA#
MPZGAGQ-K$-M=0S,MJ9OD1XR-W+=`<[NN.HQGI7!CJ3G%32V/2RZNH2<)/1GJ
M-%0RZA801K-/?0HCC*.\H`8>H/?J*Y7Q]\7O#?AGP\U_H^J6U[/,)([5K699
M524(2-VT],XXKS8PE-V2/7G4A3C>3,+7?VG/#%FCQ:%H5Y=3+(5!G*Q1D<_,
M""Q/.."!P>HJY\,OCA-X]UT:%=^&A;%HV99XKG<,@9P5('&`>03SCCN/!*]J
M_9E\-6D.CWGBMU/VF2=K5</D>6`C'C/7/\O>O1KX>A1HMVU/*P^*Q->NE?0[
M#XF>%-:\:^'O^$;TR]MX(;B0&\>926VJ0RA<?[0&?:N9T_X#Z7!J#Z3?68GL
M([8/:WC2,KI,2-X"J_*D#N#CL:](HK@C6J0CRIGI3P]*I/FDKL\?\0?LPO!9
M+)X9UTSSA_GCNU"`KC^$COG'!_/C!YB;1O'GP2UNQUF[LXB/,9XBC!U91PZD
MC[N0^,X_BX.1Q]#UA_$'PYHWBSP[)H6L7L-OYIS;S3,<))@@,`&7=@$\9QS6
M]/%S;Y:FJ.:K@::7-3T:V.9\&?M#>&-?\FQUZ!K"\DDVDDCR0.QWDC`QZUWE
MAJ.GZI;B\TR^AN822!+!*'4D=>1Q7E*?LO65S:J]KXY#$G_6I8;E8<]/WO\`
M7M72^$?`J?"S2+ZQT7Q+93:C=Q(81J/[J/<I;!*JQ;!W'H>U*K##/^&]>Q5"
M>+6E6.G?0[>BO$]5_:/\?:7=-82:1HYDC(W.L<A4@@$8Q)[^M:G@C]I-+VZ>
M#QU90VL>/W=S90.57_>!9B._(S]*EX2NHWL5''8>4N6YZQ15.PU_1=3TR/6;
M'5(9+68D13AP%8@D'!/N#^568+FWND,EM<)(H."T;@C/IQ7.TT=2:>P^BBBD
M,****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`*;+%%/$T$\:
MNCJ5='&0P/4$=Q3J*`/+]?\`V9](NS<76B:_-'+(&:*.YC5EW')P2H!`SQG!
MP.QKRWQ)\/\`Q;X5N)8=8T::-8C\TP7=&1V(8<$'Z]>.O%?45%=E/&U8;ZG#
M5P%&I\.C/D1E92592".H(I*^@O%OP"\)>)]0.H6TKZ>64*T-I!&L?'<``8)Y
MR><UA:=^S#;17YDU'Q0SVZR`J(;8*[K^)(0@\?Q9QGCH.V.-H.-VSSY9?B%*
MR5SQZ>ZN;HJ;FXDD*+M3S')VKUP,]!R?SJ.O8/&G[-]O%:7&I^%M3N)I0I?[
M-<!2S'.>"H&>_&,\`#)KR*XMY;6X>UG3:\;E74]B#@BMJ56G55XG/6H5:,K3
M0P`L<*,GT%?4/P\\/P^&_"5II\,@8-&LK$1[>64$\?6OF*WN7MG+Q@'(P0W0
MBNUA_:"\=6]J]G%#9!7"A3MES&%[+^\XK'%4JE9)1-\'7I4)-R/H.BOGK3OC
M_P"/=.N!<;[>?`^Y<&5E_+S*]D^&/CE_B#X777I=/%M(LS12QJ^Y2R@$D>@.
M>G;U->=5PU2BKO8]6CBZ5>7+'<Z&N=^(_P`.K#XC:5%I]WJ$ML]O(7@DC4,`
MQ&/F4]1CT(KHJ*QC*4)76YT3A&<>66QRGPT^&<WP[2:!?$LMY#*O$!A,:*V>
M6`W$9(P/PJ?QO\,-$\>7<5UJMU/&8X#$?(V@[22>"0<')Y]:Z2BJ=6HY\]]2
M/8TU3Y+:'F%]^S3HD,]J-"U28Q_:`UX;]E<[`#P@5!USR#QT].=VQ^!O@K3X
MYXXC<L)R#\_EGRR`!E?DXZ`_6NRHJGB*TE9LB.%H1=U$YGQ3\+M'\3^$(/!\
MNH7,,-O<>=%*I4MN^;@\8(^<^G;\9_AUX"L_AUHDNB65_+<I+=-.7E4`@E57
M''^[^M;]%0ZDW#EOH:*E34^=+4****@T"BBB@`HHHH`****`"BBB@`HHHH`*
M***`"BBB@`HHHH`****`"BBB@`HHHH`****`"N/\<_!W1_&FJ'6C>_9[A@!+
MNMUD5L``''!S@`9R>`!78454)RIN\61.G"I&TE='AVN_LT>+;:4?V'J%I=IP
M,NQC;@=2""!^9ZUQGC+P-X@\#7R6&N6I4O&&6502C$]@W0XKZDK"^(/@BT\=
M:"VERB-9U(-O/("1'\REN`><@8_+TKMI8ZHI)3V."MEU-Q;I[GS!7T/^S[9?
M9?AE:S[%4W,\LA`&.CE.??Y*\"US2+C0M8N]&N6#/9W4D#N@.UF5B"1GMQFO
MH/X&:I8ZC\.+&"TN-[VP>.<'`*MN+=,].>/6M\<[T%;N<V7*V(=^QU]%%%>2
M>V%%4O$6O6/AC1+G7]2#F"UCWR",`L1G&`"1SS7F?B7]IZP:"6U\+>'[DM);
MLL=W<RHABD((#!`'#`<'DC/3%:TZ-2K\*,:N(I4?C9ZG<ZCI]E+%!>7T,3SO
ML@264*9&]%!ZGV%2>=%YOD>:N_;NV;N<=,X]*^:]*\=:MJ/BNP\5>,[RZU"/
M2Y5E51C((.Y0.0!\P&3Z#OC%:FK_`!U\07?C(>+=(MC9?Z*+=[?S5D#1@[@,
ME/[Q)SC/.,XKI>!J7LF<BS&G:[77^F?05%>?>&?VC/`^JV3S>(G;2IEDPL!6
M2<,N!\VY$XYR,>U=AX8\6>'_`!E8/JGAO4/M,"3&)W\ITPX`)&&`/1A^=<LZ
M52G\2.R%:E4^&29HT445F:A1110`4444`%%%%`!1110`4444`%%%%`!1110`
M4444`%%%%`!1110`4444`%%%%`!1110`4444`<5X]^"OAWQ;NOM.@BL[^2X$
MD]PP=A*,-D%=V`<MG(&>,=Z\IL8_&?PI\37#6XG6*,LMPD$N%9"S*I.?=>OX
M9YKZ+HKIIXF<(\LM4<E7"0G+FB^5^1Y!X@^/6K^+(!I'@+1KZ"Y93YK`HTG8
M#:H!).3VP:J67CSXK?#G6-/OOB#=W<VF7(#2021)O=64]"1E64D$KD'@`X!%
M=PWPDM+;XA6_C'1YTMH8XP9H,NS22;V9CDG@'(&.@QTJ3XR^`;OQ]X66UTME
M%W:3^=`C=)/E*E,D@+G(.3G[N.]:JKATU%)6>_<QE1Q3BYN3YEM;9_(\]^,G
MQILO&&D0Z!X7^T1VTP#WC3(J[\'A,<G@C.<CIWKS.IM2T^ZTG4;C2KZ,)/;3
M/%,H8'#J2",C@\BH:]*E3A3A:.QY-:K.M/FGN:&@ZZ^B_:XFA$L-Y92P30D#
M#;E.PY(.-K[7XZE!]:SZ**NR3N9W;5@KW;]F'_D0;S_L,2?^BHJ\)KW;]F'_
M`)$&\_[#$G_HJ*N7&_P&=N7?[S\F>C4445XQ[P4444`%%%%`!1110`4444`%
M%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`56
MUG3DU?2+O29&(6ZMI(6(.,!E*_UHHIIV=Q-75CY;\4Z<FD>)M1TF-B5M;^:%
M23G(5RO]*H445]#!W@F?+35IL****HD*]V_9A_Y$&\_[#$G_`**BHHKDQO\`
*`9W9=_O/R9__V3\_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>4
<FILENAME>graphic2.jpg
<DESCRIPTION>GRAPHIC 2
<TEXT>
begin 644 graphic2.jpg
M_]C_X``02D9)1@`!`0$`8`!@``#_X0!P17AI9@``24DJ``@````$`!H!!0`!
M````/@```!L!!0`!````1@```"@!`P`!`````@#`P#$!`@`9````3@``````
M``!@`````0```&`````!````141'05)I>F5R(%-O9G1W87)E(%-U:71E`/__
MVP!#``(!`0$!`0(!`0$"`@("`@0#`@("`@4$!`,$!@4&!@8%!@8&!PD(!@<)
M!P8&"`L("0H*"@H*!@@+#`L*#`D*"@K_VP!#`0("`@("`@4#`P4*!P8'"@H*
M"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*
M"@K_P``1"`)T`L0#`2(``A$!`Q$!_\0`'P```04!`0$!`0$```````````$"
M`P0%!@<("0H+_\0`M1```@$#`P($`P4%!`0```%]`0(#``01!1(A,4$&$U%A
M!R)Q%#*!D:$((T*QP152T?`D,V)R@@D*%A<8&1HE)B<H*2HT-38W.#DZ0T1%
M1D=(24I35%565UA96F-D969G:&EJ<W1U=G=X>7J#A(6&AXB)BI*3E)66EYB9
MFJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&Q\C)RM+3U-76U]C9VN'BX^3EYN?H
MZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$!`0$!`0````````$"`P0%!@<("0H+
M_\0`M1$``@$"!`0#!`<%!`0``0)W``$"`Q$$!2$Q!A)!40=A<1,B,H$(%$*1
MH;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF)R@I*C4V-S@Y.D-$149'2$E*4U15
M5E=865IC9&5F9VAI:G-T=79W>'EZ@H.$A8:'B(F*DI.4E9:7F)F:HJ.DI::G
MJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4U=;7V-G:XN/DY>;GZ.GJ\O/T]?;W
M^/GZ_]H`#`,!``(1`Q$`/P#]_****`"BBB@`HHHH`****`"BBB@`HHHH`***
M*`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH
M`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`
MHHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"B
MBB@`HHHH`****`"BBB@`HHHH`*_!S_@K?_P5P_X*9?`#_@J-\7_V>O@1^U]J
M7A3P9X4_X1_^PM#L_!?AZZ%O]JT2SN9LS7NG33/NFDD?YG.-Y`PH4#]XZ_F3
M_P""Y/\`RFK_`&@?KX4_]1NPKZ7A+"8;'9U"E7BI1:EH_0^8XOQF*P.22JX>
M3C)..J\V3_\`#\'_`(+$?])`]?\`_#>>$?\`Y3T?\/P?^"Q'_20/7_\`PWGA
M'_Y3U\N45^M?ZL9!_P!`\3\D_P!:.(/^@B1]1_\`#\'_`(+$?])`]?\`_#>>
M$?\`Y3T?\/P?^"Q'_20/7_\`PWGA'_Y3U\N44?ZL9!_T#Q#_`%HX@_Z")'U'
M_P`/P?\`@L1_TD#U_P#\-YX1_P#E/1_P_!_X+$?])`]?_P##>>$?_E/7RY11
M_JQD'_0/$/\`6CB#_H(D?4?_``_!_P""Q'_20/7_`/PWGA'_`.4]'_#\'_@L
M1_TD#U__`,-YX1_^4]?+E%'^K&0?]`\0_P!:.(/^@B1]1_\`#\'_`(+$?])`
M]?\`_#>>$?\`Y3T?\/P?^"Q'_20/7_\`PWGA'_Y3U\N5ZU^PK^SK'^U;^UGX
M)^!NH-/'I>JZL)?$-Q;J2UOIENK3W<F1T(@CD`/]XKCD@5E6X>X=P]&56>'C
M:*;?HM36AQ%Q'B*T:4,1*\FDO5Z=CTG_`(?@_P#!8C_I('K_`/X;SPC_`/*>
MC_A^#_P6(_Z2!Z__`.&\\(__`"GKZ"UK]@3]D[QI^U9X<L/!'P2U+PY\/OCY
M\(=8C^$UAJ^JZA'-X=\:6415H7,\OFRD2P@A9\QO]L`485<<5^S#^PQ\`Y;'
MX*>#_CCX`?4_$_Q&\&^./&.MP3:G=VS6>G6EC-'I,.V&5%YGM+BY+#YFW*C9
M4;:\E8?A3V7/]5Z7M97VDW]JVG))/7=6ZGK_`%CBSVO)]:ZVO=VWBE]F^O/%
MK39WZ'F7_#\'_@L1_P!)`]?_`/#>>$?_`)3T?\/P?^"Q'_20/7__``WGA'_Y
M3U[[KO[`G[)GBGX+?LVW'P\^%-W;^,=3L/!OB'XI(FL7LT?B'0=3O[>POI@K
M3G[,T,\MN&\D)\EX6!'EY7D/C'\$_P!B[]B/2?%/Q/\`B9^RJGQ-M_$WQO\`
M%'AKP5X;N?'6I:7;>'-)T6[2-P9;9S-<32^>$!E<[%B5\,2VXIX;A>K)0AA+
MR;:2LKMI^<DMES:O;ST"IB>*:,7.IB[123;N[)->46]WRZ+?RU/,?^'X/_!8
MC_I('K__`(;SPC_\IZ/^'X/_``6(_P"D@>O_`/AO/"/_`,IZROV\/V;/A-\#
MOVF/!VG_``CLM0MO!WQ&\&>'_&&E:%JM\9Y](M]3!9K!IL*TJQLKJLC`.4*[
MBS`NWT1^UA\!/V`=9^./QR_8K^"_[($W@#Q1\,/#&J^(/#_Q#LOB'J6H)??V
M;91WDEG<V5ZSQQQS1M*OFK(&1UCZ@L#K++^&E&G)82ZFG+9>ZDTFY7DGHVMK
M]3*./XG<JD7B[.#4;-OWFTVE&T6M4OM6Z'AG_#\'_@L1_P!)`]?_`/#>>$?_
M`)3T?\/P?^"Q'_20/7__``WGA'_Y3U]'?'W]C;]A?X?_`+'EQXEU3]G"'0+J
M']GK0O%,'Q/T7XCW=_J7_"3WV%M[*XT0S3?9[2YD1U^UR1Q0#YT1P^W'GW[1
M/[&7[-?@7X*_&#Q;X5^&_P!EU#PM\'/ACKFA7']L7C_9;_5I85U";:\Q5_-#
MM\KAD3/R*E8T</PM7:MA+7?+LN\5TD^LEINE>ZVOM6K\5T+WQ=[1YMWM:3ZQ
M72+\F]GO;S+_`(?@_P#!8C_I('K_`/X;SPC_`/*>C_A^#_P6(_Z2!Z__`.&\
M\(__`"GKF_BY\$OAAX8_X)O_``?^/>A^&?(\6>*?&OB>PU[5OML[?:K>T:W%
MNGE,YB39YC\HJEL_,3@5]GZ-_P`$[O\`@G]-XJ^.WA/X@>#F\-V.D^'_`(=V
M'@SQ+_;=_(GAG5->L9%>^D1KD"XB^UM"[I*655#!=@S6F(P?"V&I\\L+?62T
M5_AG&#Z]Y)KK:_70SPV,XJQ,^6.*MI%ZNWQ0<UT[1:?2_EJ?*G_#\'_@L1_T
MD#U__P`-YX1_^4]'_#\'_@L1_P!)`]?_`/#>>$?_`)3U[AX`_P"":OP'\._#
MWX?^*_V@OAWJUO>^"_`7Q'\3_%K1M*U::*Y\1S^']8BLX+`,Y=;5#Y@5I($4
MF,,0=Q61?!_VOO!7@7Q%^S[X;_:$^"_["_AGX8^$]1\326<?B'P]\:#XGDN&
MDM1/#IUU;R7<LEI<1QAI&WQPM\ZAD3@&J&`X7Q%94Z>&5KM7T2NFU;65W?EN
MN5/1J]B:^.XIPU%U*F*=[)V]YNS2?2-E;FL^9K5.URQ_P_!_X+$?])`]?_\`
M#>>$?_E/1_P_!_X+$?\`20/7_P#PWGA'_P"4]=-^S5\./V6OC5^PU\5/%?C/
M]D.+P_>?#CX?,T/QG?QSJ1;4?%$MR!8V2V3,+4F8.J&-5/EHA=CF1".T^*O[
M('[+/_"8_$?]A'P1\$5TOQ]\,_!/A[4H_BXWB>]EDUB]FN=*BOO.L))C:Q0N
M-5_=K&`R?9P2[;R`I8'AF%:5*6$LXNSVT7N^]I+;WHZ?%K\(X8WB>I0C5CB[
MJ2NM]7[WNZQW]V6OPZ?$>2_\/P?^"Q'_`$D#U_\`\-YX1_\`E/1_P_!_X+$?
M])`]?_\`#>>$?_E/7T!K7[!7[(?[0GQ*U_X&?!+X,W?@6Z^%'[0&A>!/$GB%
M/%5S?3^*=,NFGM;BY:*ZD,5M<B:SDE3R@L86XVE?DW5X_P#ML_L@ZEXMUCP/
MK'[&O[%.GVNC>)8M7^P1?"?QIJGC5[R2TEACGMKG>':*XM6)#M$OD2"=61Y%
M7>9H83A6M5C3^K*+>][*VG,K^]U6JM?SL57Q?%="C*I]:<DMN6[OKRNWN]'H
M[VUVN<__`,/P?^"Q'_20/7__``WGA'_Y3T?\/P?^"Q'_`$D#U_\`\-YX1_\`
ME/74?LU_"S]FGXI?L:?%V]^)O[&Y\.ZI\*_A[=O>?&&Z\:ZFD\OBA[EEL+#[
M`S+;!Y2RP&+82@C+LP+KCT3X_P#[#7[*WP_;Q!^Q/X6^$<B_$;PK\'-'\82_
M%Z;Q+=E[Z^GU&T2XMGL#+]E6W\F]"(5"NI@!+.6)ISP?#%.NZ4L)JG;I:WN^
M]=2V]Z.GQ:_"*&,XHJ4%6CB]&K];WU]VSCO[KU^'1^\>)_\`#\'_`(+$?])`
M]?\`_#>>$?\`Y3T?\/P?^"Q'_20/7_\`PWGA'_Y3UZ[^TK\`OV)/`.E_%&]\
M!?LKF`_LT_$_0=&\4FZ\<ZBW_"?Z=<"2UN!/F0_896N8#*'M@H"3%=HV!J\Y
M_P""F/@3]E7X?_"_X*S_``7_`&9;;X:^,O&?A*7Q5XLT>U\8:CJHM+"YDVZ;
M"QO)7P[Q1O.<!&4.%((P:>'P'#>(J0A'!_$[:\NGN\VOO-ZQ:>B>Z3L]"<1C
M^)<-3J3EC+\BOIS:^]R:7BEI)-:M;-JZU,C_`(?@_P#!8C_I('K_`/X;SPC_
M`/*>C_A^#_P6(_Z2!Z__`.&\\(__`"GKP;Q]\"?CA\*O#^D>+?B?\&_%7AO2
MO$,/FZ!J>O\`AZYL[?4X]BOOMY)D59EV.C90D8=3T(KZY\=_LT_`#5?^"<.C
M_%?]EK]F+2/B'J=AX`M[WXK?$NT^(]T-8\&:RUY^]2?0Q.%^S"-)(TE$+*T8
M:4L!&9).G$91PSA_9OZO%J<N6ZM9/S;DEY6U;>B39S8?..)\1[1?6))PCS6=
M[M>246_.^B2U;2//_P#A^#_P6(_Z2!Z__P"&\\(__*>C_A^#_P`%B/\`I('K
M_P#X;SPC_P#*>O5?%W_!-;X?Z3_P3UN[@?#?5[/XT>%_A[8_$[7/$AFN6LKS
M1;JYF1M)"%OLZ2V]FUM=NZCS,G81C..Q@_X)L_LL^-/!_P"R[XM\#>%BNHZE
MIO@K4/C9X;.IWC'6=,UV\-HNHQN9]T"I<V\D$BP!`OVN)ODP">&5#A&*O]75
MN9QV[*Z>^TM%%]WK;4[XUN+Y.WUAWY5+?N[-;;QU<EV6ESYY_P"'X/\`P6(_
MZ2!Z_P#^&\\(_P#RGH_X?@_\%B/^D@>O_P#AO/"/_P`IZXO]EO\`9[\#?&[]
MMJW^#'BN2[M?"UKJ6L7NKQ:?)_I+Z=IUO<WDMO"S9/F21VQB5CD@N&PV,'W4
M?L^_"7]LCP?X-U+X!_L!^&?A5X;\6?%30M"D\?Z/\=V\17FD0WCRPM9W>G3W
M32)+(?WJ.\,)Q`!@K)NKJQ&6<,X>HHRPRM9-O1)7O;>2;;L](IO3TOR8?-.)
M\32<X8EWNTEJV[6OM%I)76LFEKZGGW_#\'_@L1_TD#U__P`-YX1_^4]'_#\'
M_@L1_P!)`]?_`/#>>$?_`)3UZ18_#S]@?]K4_&?X)?!3]D*]^&'B#X;^"M8\
M2>%?&:?$+4-3?4AI)59;>_M[O,,:W"L7W1!#$X51N&=WK_A#_@F3^R1\2_CS
M\%I_`OPLED\,6WAC3['XU^'I-=OLR:E?^%Y-7L-327[1YJ132>9$5C9$22T"
M[<2<\E7#\+T$_:X3E:3;32V2NMI-:[+7?1V.RE7XJQ#7L<9S)M)--[MV>\4]
M-WI\.JN?+'_#\'_@L1_TD#U__P`-YX1_^4]'_#\'_@L1_P!)`]?_`/#>>$?_
M`)3UZ-\$[;]@2Z_80\2?M`_'7_@G]8Z6-%TI/#?A/Q4GQ.UMKKQCXL-N"WE6
MJRB*W2-<W,KE#$HQ&H8G:+OP9_X)J>!O&W[!D2:E\.M5N_C%XT\!ZM\0_!_B
M:-[I;2PTO3[F".+27C5OL\DU["E[<)(WS(`BXY%:3P?#%*_M<)RVERZVWM=O
M23TBM9=5M:^AE#&<454O98OFO'FTO>U[):Q6LGI'H][VU/+/^'X/_!8C_I('
MK_\`X;SPC_\`*>C_`(?@_P#!8C_I('K_`/X;SPC_`/*>N4_:5^#'PU\`?L@?
ML[_%+P?X:%KKWCO0?$%QXIOC>S.+Z6VU5H(&V.[)%MB`7$:J#U()YKZ?\*?`
M/_@G;J7[:MC_`,$L_$7[)VK)K#K'X=N_C5I_CZ_.I2:U]D6X;4$T]LV:P&3,
M7DE&`C/F;R>*TJY=PW2I<ZPEU[][):*F^63UDM+[)7;[&=',>)JM7V;Q?*_<
MM=O5U%S16D7K;=NR7<\+_P"'X/\`P6(_Z2!Z_P#^&\\(_P#RGH_X?@_\%B/^
MD@>O_P#AO/"/_P`IZX#]EKPM\$_#?[;/AWX9?M/>&$\1^#6\7/H'B*.+4)[4
M*)'>T6[62!U<"*5DGP&PPCP<@FOIKP%_P3B^$_P*UOP7\+OVG/!@\1>)?'O[
M4T7@?2Y&U&ZM47P[IMS%%?W,8MY4#&ZDN88\M\T:C*%6)-7BLMX8PD^6>&3;
M5U9;K6]M?LI7=[:-6N3A,RXHQD.:&):2=G=[/2U]'\3=E:^J=['DG_#\'_@L
M1_TD#U__`,-YX1_^4]'_``_!_P""Q'_20/7_`/PWGA'_`.4]>\7G[+O[(7CK
M]N>^^`EE^R-X2\*Z!X?\*>.9S'X8^-\GB235)M/MI#97%TL%]+)ITL;Q;_L\
MA0L9&5T;RR!G>$O^"?7[-_Q:\&_LUZ]\+OA_J%UK1C\(7?Q]T-+^Z9+_`$C6
MKH11ZHC>;NA420SP2K!M">;$^$'S'E^K\*Q47+"VND^CM?FM=J36O+;?=I=[
M=:K\62<E#%7L[=5>W+>R<4].:^VR;72_C'_#\'_@L1_TD#U__P`-YX1_^4]'
M_#\'_@L1_P!)`]?_`/#>>$?_`)3UXE^TSX0\._#[]I3XB^`/"&G_`&32-!\?
M:SINE6GFO)Y%K!?S111[G)9MJ(HW,2QQDDGFN)KV:?#G#]6FIK#QLU?[_F>)
M4XDXAI5)0>)E=-K[OD?4?_#\'_@L1_TD#U__`,-YX1_^4]'_``_!_P""Q'_2
M0/7_`/PWGA'_`.4]?+E%7_JQD'_0/$C_`%HX@_Z")'U'_P`/P?\`@L1_TD#U
M_P#\-YX1_P#E/1_P_!_X+$?])`]?_P##>>$?_E/7RY11_JQD'_0/$/\`6CB#
M_H(D?4?_``_!_P""Q'_20/7_`/PWGA'_`.4]'_#\'_@L1_TD#U__`,-YX1_^
M4]?+E%'^K&0?]`\0_P!:.(/^@B1]1_\`#\'_`(+$?])`]?\`_#>>$?\`Y3T?
M\/P?^"Q'_20/7_\`PWGA'_Y3U\N44?ZL9!_T#Q#_`%HX@_Z")'[??\&X?_!0
M#]M#]M?QO\=_#7[6WQ]N_'4'@VP\)S^&GO/#FDV#V;7K:T+D9TZTMQ('^QV_
M^L#;=GRXW-G]2J_%;_@TD_Y*O^T[_P!@?P'_`.A^(Z_:FOQ;/:%+#9Q7I4E:
M*DTEV/VS(:]7$Y-0JU7>4HIM]V%%%%>2>L%%%%`!1110`4444`<'^TM^TW\#
MOV/_`(/:E\>_VBO'*^'?"NDRV\5[J7]GW-VX>:9(8U2"UCDFE8NZ\(C$+N8X
M568.\9?M+?`KP/I_V[5_BAHLSF]M[2*QL-2BN+F6:>.*6-$A1B[$PS1SX`XA
M82?<^:N;_;$^#OP!^,?A#P_8?M&?$<^'=%TKQ&+RP=M=M].CNKYK2Y@2-I91
MECY4TY"(RDX).0,5X[:_\$7OV7KKQ)H?C34?B=\0M5N-"^'NG^$=(>\U>P=5
ML;.]L[JUN"RV0:6Z6*QM[0SN69[<,'W2-YU`'T+_`,-2?LR?8M9U+_AHOP)]
MF\.O&GB"X_X2^RV:8SN407#>;B$LX*@/C)&!S6?\2?VQ/V:/A'XA^''ACQ]\
M6]/L[GXNZJNG?#AX(IKF#7+EHUD1(IX$>)0Z.A1W95?>H4DD"O"7_P""+O[-
MVBZ5X2/P[\=^*=%UCP-X@EUOPYK$EOIEU_ISW^K7WF7,,EGY=P%DUF[500"%
M6(@AT+MO_&[_`()*_LY?'K]GOX7_`+.7BSQKXWL],^$/ABWT;P;K6DZI:1:E
M";>&SB@O6F:U91=1FQ@D61$10^X[<$*`#K?`/_!3#]AKXH6JZUX&_:+T&\T0
MZMK.F'Q/-,UKI7VO2Y;2*[1;RX"12+NO;?RY8V:*8/NC=P,UZ)H7[1/[/WBB
M^T/3/#/QT\':C<^)HI9?#=O8^)[29]62)W25K94D)G"-'(K%-P4HP."#7SOX
MJ_X(Q_L77_B'P+XI@G\1:%IOPS\36_B#0="L+^T&G));CP^5BF6>VD=X?^*;
MLBWSAB9KD[_F3RZ?PW_X)=_LPZA\=?!G[4_P3^/WB.^L/"7B+5M3MM%TGQ0L
M^B7%U=:SKFJE3!:LEL3!+XAU&WB,D<CQ0,B*RN&D<`]R\)?MH?LZ>.?VK?$_
M[%/ACQO/<?$7P?HZZGX@T9M&NXXH(#'92G;<O$()66/4;!V5'8J+I,\A@N38
M?\%#?V/KSXUZM^S[>_%TZ3XET6.\:[_X2/P]J&EZ?-]DN;6UN5MM1O+>*RNW
MBGO;6-D@FD8-.N17ENH_\$?/A-J/_!0B3_@HM!\?_B/IOBEM6M[XZ/I%_90V
M5RL<,<+65SNMGDGLV6,'RMRLK.S!\B,QWOBG_P`$G/V"-3\77O[0WC_P^FF>
M)(_B?IOC_4O'EY<VBW4=Q8:G#J,5F9[B)E@L&EAC22-`C/&,&3=AP`>YZY^U
M#^S1X9O=4TWQ)^T1X%T^YT.=8-;M[[Q=91/I\K9VI.KR@Q,=K8#8)P?2G77[
M3?[-MC_9?VW]H/P/#_;>GF^T7S?%EFOV^U!8&>#,G[V,%6&]<K\IYX-?$GC[
M_@CY\.)?C'\+/B/^SU^TOOU[P[XQO?$7AA];71[N>QT/4-1DUC4+B$BU\[5C
M_:3V[PO<.ZPI*^QA(YD>7QA_P03_`&-?#MSIWQ'^,/[1WC*/2M.M+V/Q%)K7
MB.*ST^\O=2?48YKCR3MLK<O_`&S=6\:&%_+CF6.(H268`^P_AG^V;^R5\9O&
MFM?#OX3_`+27@GQ%KGAYPNKZ9H_B2WGE@_<).3A'.]1'(K,RY5<D,000/1[.
M\M-1M(M0T^ZCGMYXUD@GA<,DB,,JRL.""""".M?`O[:O_!&NW^*_C&34?@!X
MCU+1['QUX]T&X\96<6I6]E;>']&MM!/AS4Q9&.$SM]IT(&R2#=M263SBP`PO
MWIHFC:5X<T:T\/:%8QVME86L=O9VT0PL42*%1![!0`/I0!:HHHH`****`"BB
MB@`HHHH`****`"OYD_\`@N3_`,IJ_P!H'Z^%/_4;L*_ILK\>?VI_^",:?\%"
M?^"QO[16L+^T=_PB!M?"/@+7&3_A$/[0W_:[*_T[R<_;(<;/[$\S=_%]JV[1
MY>Y_HN%<?A,MSB-?$RY8)/6S>Z\DV?-\5Y?B\SR:5##1YIMQ=KI;/75M(_'V
MBOV$_P"(4#_J_?\`\Q9_]]*/^(4#_J_?_P`Q9_\`?2OU/_7+AO\`Y_\`_DL_
M_D3\K_U,XE_Y\?\`DT/_`)(_'NBOV$_XA0/^K]__`#%G_P!]*SO%_P#P:P77
MA+PGJGBJR_;:&J3:9IT]W#IC?#8PB[:.-G$/F#4F,>\C;N"MC.<'&*F?&G#4
M(N3K[?W)_P#R)4."N)IR450W_OP_^2/R,HK]./V2O^#>'1_VOO@[!\8]'_:^
M/AL2WT]I/HQ^'[7GD21$#_6G4(]VX%6^[QNQVKTS_B%`_P"K]_\`S%G_`-]*
MRPO'?"N,PT*]+$7C))KW)[/_`+=-<5P'Q7@\3.A5P]I1;3]^&Z_[>/Q[HK]A
M/^(4#_J_?_S%G_WTH_XA0/\`J_?_`,Q9_P#?2M_]<N&_^?\`_P"2S_\`D3#_
M`%,XE_Y\?^30_P#DC\>Z]0_9J_:Z^+G[)EOXRN/@I<6NF:SXR\-'0Y/%$3W$
M>I:1;--'+(UC-#*GD2N8T4R$,0!\NT\U^FG_`!"@?]7[_P#F+/\`[Z4?\0H'
M_5^__F+/_OI6=7BWA:O3<*E:Z?3EGZ_RFE+A'BJA44Z=&S77GAZ?S'Y[ZI_P
M4K_:R\4?#WPKX%^(GC^?Q9>>"?B-;^,_#'BSQ7?7=_J]C>11JHMEN)9R&M&*
MJYB92=PR&`)!T/%O_!3W]HCQM^V'=_MJZ[HGA9O$EQX<N="MM&BT^X32K&RF
ML9+-HX8A/YBX6664$R-^\<DY'RU]\?\`$*!_U?O_`.8L_P#OI1_Q"@?]7[_^
M8L_^^E<W^L'!BO::U37P3VENOAZV.I\/<:M*\'HT_CAO'9_%T/@WP!_P5-_:
M8^&/Q/\`A3\6/!=CX:M-1^$7@Q?"VB0?V?.T&IZ:$V-'?*9\R%A@DQF+!564
M*0#5#1O^"C/Q,&L^,Y?B-\&OAOXZT/QKXYN?&%UX1\9>'Y[C3].UF>0-)<VC
M17,=Q%N51$T9F9'C&'5^M?H#_P`0H'_5^_\`YBS_`.^E'_$*!_U?O_YBS_[Z
M4O[?X,O?G5]K\D[[M[\M]VW\Q_ZO\:VMR.V]N>%MDMN:VR2^1^7'QL_:7^+O
M[1'QB_X7G\6]=M]2UU1:QP"#3H;6VM[>V54@MXH(%1(XD1%4*H!/))+$L?7?
MVAO^"JGQW^/\?C"2U^%WPU\#7WQ#MFM?'VM>"/"C1:AK]LWEYMYKJ[FN)DB/
ME1Y2%HU;:`P89%?=7_$*!_U?O_YBS_[Z4?\`$*!_U?O_`.8L_P#OI5RXCX/D
MX7J+W-(^Y.R6G3EMT7W(SCPWQE!3M3?ON\O?A=O76_-?J_O9\`7'_!2;XVW^
MOW&LZKX+\'W=O>_!&'X67^DW&GW1M;K1HN8YW`N0XNU<*XD5E4,H(3J#L:)_
MP50^+=K=^(?^$O\`@9\,O%>G>*/!GAWPSJ^A^)-(OY;.6TT50+.0+%>QMYI(
M5W.XJ64;54<5]S_\0H'_`%?O_P"8L_\`OI1_Q"@?]7[_`/F+/_OI6;S_`(,:
MMSK_`,!GT:?\O=+[D:K(.-4[\C_\"I]4U_-V;^]GP5+_`,%(-;OO@I)\`-;_
M`&2/@UJ/AR'6=7U/0;>]T+4F?09M1(,HLRNH`(J87RPX<C8NXM5#XI?\%'_C
MA\7/"?Q(\'>)O"OA2*U^*.G^&;/Q`]E8W*O!'H<?EVAMRUPP4N#^]WAPQ^Z$
MK]!/^(4#_J_?_P`Q9_\`?2C_`(A0/^K]_P#S%G_WTIQX@X-C+F536]_AJ;W4
MK[=TGZHF7#W&<H\KIZ6M\5/:SC;XNS:]&?$'BW_@L1^VEXLUKX<>*6U[0+/5
M_AMX4N_#EIJ<.B+.VMZ?=)`EQ%J,5RTL-QYBV\8.V-.<M][##@_CU^VUXG^-
M_P`)[;X':-\$_A]\/_"D'BN7Q)/HW@'2;NWBN=3D@\@S-]JNK@H!%\JQQ%(P
M,?+P,?HW_P`0H'_5^_\`YBS_`.^E'_$*!_U?O_YBS_[Z44^(.#*,HN$TN7:T
M)]V_Y>[=K[7=@J</<:5HR52#?-O><.R7\W9*]M[*Y\':O_P4N\6^(_V6?#_[
M)'B;]EOX/ZAX>\+:-<V6@ZA-H.H)>VL\\92741Y5^L+7K$^89FB.7R2I!(.-
MX_\`^"B/QK^(GPVU#P7JGA;PG::]KNC:7I'BGXBZ=IDT>OZY8:?(LEI;W$QF
M,*[6BM]TL,,4THM81)(^TY_0K_B%`_ZOW_\`,6?_`'TH_P"(4#_J_?\`\Q9_
M]]*(\0<&P=U46]_AJ;MW?V>^O:Z3W02X>XSFK.F]K?%3V2LOM=%I?>S:V;/@
MGX@?\%1_VF/'.H:/X@TW3_"?AK6;#QI9>+];USPUH`AN/$NO6D*PV]_J`D>2
M.1E57/E1)%`S32NT19RU<3^TG^U[XU_:2T7P[X,NOA_X1\&^&/"TU_<:-X5\
M#Z7+;64=W>S>==W3>?--*\DC!!\TA1$C5(U11@_I9_Q"@?\`5^__`)BS_P"^
ME'_$*!_U?O\`^8L_^^E52XBX.HRC*%1)QV]R?I_+VT79:+0FKPYQE6C*,Z;:
MEO[\/7^;NDWW:N]3X-N?^"E?B_5/V4]`_9!\2?LO_"'5/#GAC3;JWT2_O-"U
M!;VWN;A&634,Q7R0M>$L6\UHC\W4$$@Y7C[_`(*/_M!?$OX0/\+_`!;I_AF;
M5+CPW8^&[_X@QZ0T?B"\T2SG%Q;:;)<+)Y7E+*L3&18EGD\E!)*Z@@_H/_Q"
M@?\`5^__`)BS_P"^E'_$*!_U?O\`^8L_^^E3'B#@V+NJBWYOAGO>[?P]7J^[
MU*EP_P`:25G3>W+\5/9*R7Q=%HNR/SY^-'_!1CXS?'C0X-"\<>!O!,:7GB2P
MU[QQ<:7HDMM+XUU"S@6""74V2;Y@(PX*6PMT+3RR%?,;>/.OVE?V@_'W[5?Q
MS\1_M!?$];)-;\37JSW<&F0M';6ZI&D4<,*.SLL:1QHB@LQPHR2<FOU+_P"(
M4#_J_?\`\Q9_]]*/^(4#_J_?_P`Q9_\`?2M:/$W".':=.HE9-+W)[.U_L^2^
M22V2,ZW#/&&(356FW=IOWX;J]OM>;^;;W;/Q[KW7PC^WOXU^'7P=O/A)\,_@
M?\-?#L^M>'8M`\4^,=+\/3C6=>TH#$MI<327#QQK.`OG/;QPR2%%)?(S7W!X
M:_X-G8M?^,GBCX+:C^V@--O?#NG:?J-C=GX=>9_:]C=B5?/5#J*^68YX)X64
M%_N1N2/,"CK_`/B%`_ZOW_\`,6?_`'THGQ;PGC(^_6ND_P"6>Z?^'75?J:3X
M*XRRNKRNARRE&,M)TW[LXJ2UYM+Q>O5:I]4?"FI?\%=/VY==^,FK?%3Q)\7;
M_4M)UN*]MK_X:7>JWQ\+-97-J]JUFNGK<!5A6)_EPV\,H<NS;F,'PM_X*F?M
M)_![XS_#7XX^"]+\,1ZI\,/AI!X%TNSFL+AK74])B\T@7JB<-)(7EWEHVB&Z
M*,A1@Y^\O^(4#_J_?_S%G_WTH_XA0/\`J_?_`,Q9_P#?2L7GW!3CR\T;6M;D
MGM9K^7LRED/&ZES<LKWO?GAO=._Q=TC\JO`'QT^)GPJ^-5G^T%\-=?&C>*=.
MUB34M/OK>W218)W+%@(Y0ZNA#LI1PP96(.037JWQ!_X*._$WQ7\/9?AU\/\`
MX-?#CX<6UWXPL/%&I7?P]T&XLY;O5;,'[//LEN988-C$N$@CB3<?NXXK[_\`
M^(4#_J_?_P`Q9_\`?2C_`(A0/^K]_P#S%G_WTK:IQ-PC5FISJ)M?W)]-5]G6
MSU5]F84N&.+Z,'"%-I/^_#KH_M:76CMNCX!^(W_!2CXS>._"/BGP]H/PT^'7
M@[4?B!9_9?B1XI\&^$A::CXIA.#(ERSR/%`)9`)91:1VXE?)?<"15_X0?\%5
M/VF/@A^T-+^TAX(T[PT-4NO`%CX0U#1KFSN6TZ\L+2T@M8'DC6X#F95MT?>'
M`#EL`*Q0_=__`!"@?]7[_P#F+/\`[Z4?\0H'_5^__F+/_OI63S_@QTW!S5FK
M/W)[.W]WR5NUE;8V60<:JHIJ#NFFO?ANK_WO-W[W=]SX=\4_\%2?%'COX/>%
M/@KX[_8]^".L:;X*\,_V+X;N;SP[J8FLT,:I)<JL>HK"+B1E61Y!'\[@$@@`
M"EHW_!6S]N7PO\5?#OQ&\(_&/4](TGPO:Z=9Z5\.K#5KU?#(LK.VCMDM7L#<
M%9(WCC_>%F+LSLP93M*_=_\`Q"@?]7[_`/F+/_OI1_Q"@?\`5^__`)BS_P"^
ME2L]X+2:YTT[Z.,VM=]'%VOY#>0\;.2ER--6U4H)Z;:J2O;S/S]U/_@H+K7B
M#]GG2_V</%?[+GPEU?3/#]AJMGX9UK4M&U%]1T:._N);B3[/(+\1@H\G[LO&
MV!&F[>02=G0/^"KO[1_A6>Q\;^&_!GP^L_B5I^BQZ1!\8D\((WB1K-$$01W=
MS:22^0!;FY:V-P8AM\WO7W3_`,0H'_5^_P#YBS_[Z4?\0H'_`%?O_P"8L_\`
MOI5//^#))IS33;>L9O??>.SZK9]4)</\:1::@TTDM)4UMM]K=='NNC/Q]::9
MY3.\SF0MN,A8EBW7.>N?>OH3XK_\%-_VE_C7^T1\-/VFOB,^A7WB'X60Z<-!
M@%C*EI=S6MQ]H-Q<QK*&>6>7#3,C1AL#:$Q7W]_Q"@?]7[_^8L_^^E'_`!"@
M?]7[_P#F+/\`[Z5O5XIX3KR4JE5-I-+W)Z)Z/[/7J<]+A7BVA%QITFDVF_?A
MJUJOM='L?!U]_P`%,O'2?&Y_V@/!?[-OPH\*^(+O2M=L=8?P[HNHQQ:K_:T1
MCN)[@2WTC-*NYVC*LJAI&W*XP!F?!'_@I5^TI^SS\9?!?QN^%]QHUGJ7@KP%
M:>#HK"2SE>SU?2;=F98KR,R[I&9F#%HVCPT:%=A'/Z"?\0H'_5^__F+/_OI1
M_P`0H'_5^_\`YBS_`.^E8?ZP<&.#@YIIJVL9O3736/FSH_U?XT4U-0::=])0
M6NFNDO)'Y+?$SQ[K'Q5^)7B/XI^(;:VAU#Q/K][J]_#9(RPQSW,[SR+&&9F"
M!I"%!9B`!DD\UB5^PG_$*!_U?O\`^8L_^^E'_$*!_P!7[_\`F+/_`+Z5VQXP
MX9A%15?1?W9__(G%+@[B><G*5#5_WH?_`"1^/=%?L)_Q"@?]7[_^8L_^^E'_
M`!"@?]7[_P#F+/\`[Z4_]<N&_P#G_P#^2S_^1)_U,XE_Y\?^30_^2/Q[HK]A
M/^(4#_J_?_S%G_WTH_XA0/\`J_?_`,Q9_P#?2C_7+AO_`)__`/DL_P#Y$/\`
M4SB7_GQ_Y-#_`.2/Q[HK]A/^(4#_`*OW_P#,6?\`WTH_XA0/^K]__,6?_?2C
M_7+AO_G_`/\`DL__`)$/]3.)?^?'_DT/_DC\>Z*_83_B%`_ZOW_\Q9_]]*/^
M(4#_`*OW_P#,6?\`WTH_URX;_P"?_P#Y+/\`^1#_`%,XE_Y\?^30_P#DCFO^
M#23_`)*O^T[_`-@?P'_Z'XCK]J:_.+_@A]^P,G[`/[5/[4/PP'Q5_P"$L:'_
M`(0FR.H?V']@W;+&_O=VSSYL?\A'9C=_RQW9^?:OO'_!1WPI#8Q^'OB%9V]V
M)KB=].NIHW/E`!6DC!'8G$G/?&/2OR7,JF'S+/*LZ<O=G)V=ONT=F?K>71Q&
M59#2C4A[T(JZO]^JNM#ZEHK\N/MMY_S]R_\`?PUVWP5^/.J?!#QG#XC\/16V
MHYM1!K%I/-DNCNKE`03Y3@*F#SV)4Y(HGDTXQO&=WVM;]3*GQ!3E-*<++O>_
MX6/T1HKR3X:?MI?!/XB2)876KR:%>M@"WUD+&C'(&%D!*'D\9(/'2O689H;F
M%+BWF62.10T<B,"K*1D$$=17D5*56C*TU8]VC7HUX\U.2:'4445F:A1110!\
M_?\`!0[X<?%GXA>`?!DWPA_9B\'_`!=O-$\;O>ZCX.\<ZW!8Z?):R:-JED9G
M::WG639+=PGRMF64MAEQ7R7\:O\`@GQ_P4JTW]FGP%^S'\`-?MK1-,^#EEIO
MB#7]*^(US80Z?K-OHWB6V:RL8@B2+`UUK%@8IRPV1:;$I0,D;+^FM%`'Y@>-
M_P#@FW_P4*/QE_X1_P"%FJCPOX%T_P"%VHZ!H^M^'/B$\=Y<O=>&)HWCO?M$
M<MQ)<MKT\TPNDE4)"T4B@3J9!G?MR_L<?M/_``@^*=OX;_9K\&^)]7\,^)?%
M\4/PYAT;Q'XD/_"!R27/A][G4V>PBDBBBDD_M.-TN9H0(2[@R1^<E?JA10!^
M:G[#G_!.3]MGX+Z)\4_"?[5/A33?'^F:I\$=0\)ZQ97?Q=U.^3XO:M/=WLXO
MKR2\#R:6S6T_V)GP[J)V8%T1$C^2O&'PJ\:_\$V[RYT7]I;XC^`M`USQ3H>N
M6GPWTOQ]^T+"^L^%/#=Q?V12TEEN;>.'4LB+4_+D=)DC:>W619!$0/W@K^43
M_@X\^/WBG_@I;_P6M'[.OP"TZ37Y?"5U8_#?PIIL$B`7NK?:W%P`V_8,WD[1
M;RP`6)2Q7!P`?H]\(_V#?VI?CC\!M/\`C+^R=XHM?$.G^.O#<FGW7C70/C/"
MTEQ96/CO4[Z32S,EN]L\4^FBVLP(HC!#+#)$T7E-+O\`L;X+?LO?';Q/_P`$
M_/$G[&'Q5^#NLVL5CX@M8-/3XD_$*S\33:W82ZC!J5TDEQ#9P1M;HDDMND;H
MW$9C^ZBD_07[#_[*7@+]AW]DGP#^RA\-;)(=+\%>'HK(NDC-]JNF)EN[HEOX
MIKF2:8X``,I`51A1ZK0!^,'C;_@AA_P4-T/QQI.N?#SQQI-[IG@F;4?#'AA-
M/\7'3+Z\\`0:MIMUIFCR2/;S6ZS-;'4T.^!H=X195=&&/6?%_P#P3<_X*%0S
M^!M!^$VL:[;^$-/\#S:/K6@^+?BM]IN+6_FUR?6/MN;..WM)_*63[$@%N&2(
MQA6*QY/ZC44`?FM^T!^P%^U[XG\5>*M:\-?`"U\2:C-J'CDZ3JUS\:KS38+Z
M\UK4S<Z'K+I&"\3Z/9I]D$.`?]))A.(E-?H?\.-`U[PI\/-!\+>*?$,FKZGI
MNBVMKJ.JS,S/>SQPJDD[%B22[`L23GYN:VJ*`"BBB@`HHHH`****`"BBB@`H
MHHH`*^7/@#_RET_:5_[)'\+_`/TI\6U]1U\N?`'_`)2Z?M*_]DC^%_\`Z4^+
M:`/J.BBB@`ILL4<T;0S1JZ.I5T89#`]01WIU%`'Q%_P2EU23X2_%_P",/['^
MJS.)-`\12:CI4;'_`%D2R?9I9.<$@J+0@XY#<XX!^W:^!?!X_P"%6?\`!;[6
MM*>>2&U\6:9(87G<'SO-TZ.X(SQ@>=`ZJ#S\JCDG-??5?,<*2<<OJ89_\N:D
MX?)2NOP9]+Q5%2Q]/$_\_J<)OU<;/\4%%%%?3GS04444`%%%%`!1110`445@
M>/?'MIX)M+:"#3IM2U;4IO(T?1[7_6W4O&23@B.)`0TDK?*B\G)*J9E*,(W>
MQ,I1A'FEL2^.O&UIX)TE;G[#-?W]TS1:3I-KS-?S[2PB3/`X4EG.%1068@`F
ML/P/X\\;6^L0^"?C#HEE8ZQ=H9-.O-(\Q[&]`4NT2,_*RQJ&RK?>52Z\9"W/
M!/P^O=-U-_&_CS4X=6\2SQ-$;R*$I#8P-M)MK9"3LCRH+,?GD(!8X5577\7>
M$=(\:Z*VBZQYR+YBRP7%K.8IK>53E)8W7E74\@_F",BL;5I>_MY?Y^?Y>>IC
M:O)\][=E_GY^FWGJ:=%<;X.\5^(M"U]?AM\2KRWEOWB:31M8CQ&FJQ*<,-A^
M[.@*ET7(((8<9"]E6L)J:NO^&-834U=?\,%%%%66%%%%`!1110`4444`%%%%
M`'C'QAU_6?AY^UY\)_$5GI:'2?&%KJ_A77;YHP?*F$`U"Q&1R"6M;I!U7]ZV
M1DAA[/7B_P"WAXBLOAW\%M/^--Y`)1X'\;Z'JVPS+%F-KZ*TFS(P(C4074I9
ML'Y0PZ$U[17-1?+B*D+]I?)JWYQ;/?S./MLFP.)4;)*I2;_FE"?M+OTA6A'M
M9)=&%%%%=)X`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`
M4444`%%%%`'S7^RM_P`I`OVJ/^PMX._],$=>L?M->`[GXC?`_7_#NG6:3WJV
M9N;"-F(S-$=X`QW(!4#H=V#@<UY/^RM_RD"_:H_["W@[_P!,$=?2E5"3A)26
MZ)G"-2#C+9GY9*RNH=&!!&01WKRK1OV?/VEOC#^T]KFN?!V8K?Z5H:2V=BSC
MRKVR4J&W(2-W[Q@I_BSC!'%?0?QW^'TWPP^+VO\`@_R=EO#J#RZ>!&JC[-)^
M\C`"\<*P'&.G0=!T?[`'B*[TC]L)]&>PN/L^J^$)(H[F*V5E,B2-*59RI9$`
MC&0I7+M'G/`KZ7'U)3P,:L';9GR&5T8T\RE1J)/1H\`LKSXV?";4;;P)^TSX
M#OM-UJ[OO)L[RUL#Y$V_!4':25(#+DXQ@@DU[/\`"C]HGXK_``;D6+P?XD8V
M._=)I5ZOFVS\Y/RDY3/<H5)]:^W/VBOAAH_Q5^$NKZ#?Z?'+=PV;W&ESF!7D
MAN(QO782"5W%=C;<$JS#/-?G6#D9I9=6^N4'"MK8,UH?4,3&="\;]GU_JQ]G
M?#G_`(*!_"W7K%8OB)976@WH/[QXX&N+=AV*E`7!]05_$UVNG_M??LX:FVRV
M^*%JIQG_`$BTN(1^<D8K\_**<\GPLG=-K^O0*>?8V$4FD_EK^#_0_1K3_P!H
M?X%ZFI>V^+6@*HZM<:G'"/I\Y'/M7@&M?\%$?&&D>(]0TZV\$:/>6<%X\=I/
M'/(I>,,0&)RP.1CD8'YU\W6JI=6;V7FA'5C*FX</A>1GL<#CMR:JTZ.58:FW
MS>]ZBKYWBZL5R>[Z?\$^KO"?_!1ZROM8M-/\7_#9;&TFN42ZU&WU1I!;QD@&
M3RA#N?;R2`<D=!GK]+Z;J6GZQ80ZKI5['<6UQ&'@GA<,KJ>A!'6ORZKU7]FK
M]I[7_@5JYT_4A<ZAX>NF7[5IXDR8#GF6$,<!\$Y&0&XR>`1AC,J@X<U!6:Z=
MSHP&=U%4Y<2[I]>WW'WO15+PUXBTGQ;X?LO%&@W0FLM0M4N+:4#&Y&`(R.QY
MY!Y!XJ[7S[33LSZE--71XK_P48_:TT7]A7]AKXG_`+6.M2Q@^#?"EQ<Z7'*0
M%GU*3$%C`200!)=RP1YP<;^AZ5_.;_P:=?L4_&']J3_@IK#^VG=A6\)_"2:X
MU#Q/JUY<8DO-3U"TNX;:WBR&,DA=GF<\!4C^9@9(U?\`1'_@]"_:)TWP'_P3
MW\$?LZZ=XHDM=9\??$6&\N-.B(Q=Z5I]M,\P?N`+J>P8<8)0\_+@_3'_``;A
M?L"R?L#_`/!,3PGHOB33Q%XJ^(CKXR\3-(H$L3WEO";>V<;0R&&W2)&C+.!(
M96!&_:$,^\Z***`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`KY<^`/_
M`"ET_:5_[)'\+_\`TI\6U]1U\N?`'_E+I^TK_P!DC^%__I3XMH`^HZ***`"B
MBB@#XI_X*)Z#8_![]KGX+?M;S%8K"'7(](\13R[-D$0DW+)\YVY,4MQSQM\I
M2"#@C[6KY_\`^"GWPSE^)G[%OBZ*S@9[K088]:MRGWD%LV^5@<\$0F7G]#TK
MUSX/^,_"_P`0OA9X?\:>"]3M;S2]0TF"6TGLY2\>-@!4%B6!4@J0QW*5(;D&
MO!P-+ZKG>*IK:HH5%ZZQE_Z2F_4]W'5?K62X6H]Z;G3;\E:4?_2FEZ>1TE%%
M%>\>$%%%%`!1110`445A^-O&UOX0M[>WM]/DU'5-1D:+2=)MY%62ZD"ECRQ`
M1%`RSGA1ZD@&92C"-V3*481NP\;^.M-\%P6MN\1NM3U.?[/H^EQ.!)=S8S@?
MW44?,[GA%&3G@&OX)\!OHFHW7C+Q+>"^\1:G$B7]X&8Q01J25MK=3_JX5)/;
M<Y^9R6/#/`?@:^TB:3Q;XSU$:CXBOXD%W<A0(K5!DBWMU_@B7)Y^\Y^9N2`.
MGK.,93?/->B[?\'\MC.,93ESS7HNW_!_+8****V-C+\7^#]#\<:,VB:[#(4$
MBRP3V\S136TRG*2Q2*0T;J>0P/J.02#@>$/%^I^&]9_X5M\2M34W^6;1-7FV
MHFK6^Y57D8`N%+!7C`&>'48;"]G6=XG\)^'?&>D2Z'XFTB"\MI5(*31@E"1C
M<IZHP[,,$'D&LIP?-SPW_/R?Z/H93IOFYX;_`)^3_1]/O1HT5Q'AGQ1K7@;5
MX?A[\1)[B9)[KR/#WB*8`I>H06C@G?\`AN0%*\@"7`(^8E1V]5":FO/JNQ5.
MHJB\^J[!1115EA1110`4444`%%%%`')_'?X5Z7\</@OXJ^$&L(A@\1Z#=6!9
MV($;R1LJ29`)!5MK`X."O0UC_LD>/-:^)G[,G@3QKXH>5M7N_#%HNM&?/F?;
MHXQ%<[LDD-YR29!)(.03G->B5Y1^RI]LT<?$;X>3VCPP>&OBEJL=BK(`ODWR
M0:N-O^R&U)@/3&!@``<TURXN,NZ:_5?^W'O8>I+$<.U\/O[.<*B\E).G.WJW
M2OZ>1ZO11172>"%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`444
M4`%%%%`!1110!\U_LK?\I`OVJ/\`L+>#O_3!'7TI7S7^RM_RD"_:H_["W@[_
M`-,$=?2E`'RK_P`%*?@+XQUSPS!\=/A#HSW^N:2%BU;2E<A;ZT&[!P%)#*6^
M\.<8X.*^9?A/\2[WP_KND?$CPVIAOM.N%F^SSKAX9`,/"X(R#@LA]03C@BOU
M$KXD_;X^`MGX0^,5C\6?`\-M!#XFMY5\0Z=!@-)=)M*W(0#^($AB.K%BV2U>
MKEN*DI^PGK&7X?\``/$S?!PE3>(A[LXZW[_\'M]Q]:?!OXF6'Q?^&^F>/[&!
M8?ML3">V$F[R948HZ9]F4XR!D$'O7Y__`!G\$O\`#3XN>(?`#6CP)I^H.UDC
ML6S:2$O;MNZ,3&5SCH00<$$5V7[*_P`:=6^"?Q#MO^$@O+N#PYJ#F'4X9'*P
M1,^`MP0Q"@J0N6Z[-WTKV/\`X*(_#>Y\0_#W3_C)X7T>*\;P^DC:O<6\D8D?
M3F7?O!/^M".,JH/'F.0#N-;4_P#A,QUF_<E_7X'/4_X6,NYDO?A^+Z_?^9\B
MT5%97EOJ%G%?VDF^*>-9(V'=2,BI:^A3NCY9IIEK2PH>>9^D=I(>O<C:/U:J
MM6[6UG^P7,KPNJ&`,LA7`.'7O^-5*2W8WL%%%%,1].?\$X_B2]C/XC^&?B7Q
M1;1P2W%O=>&["=PKN[*ZW*H3][[D3;<]V('WC7U-KFMZ7X;T:ZU_6KQ+>TLX
M&FN)I&`"(HR3S7Y@6]Q<6DZ75K.\4L;AHY(V*LK#D$$=#79_'']NWXE>`OV7
M?$W_``LCQ5;FPT[1);J[U.^CC69+2&%FV.[8#,Y"8=CN./O9;->%B\K<ZWM(
M/1O7R[GTF!SI4Z'LIQU2LK=>R9^;7_!2SQ%X3_X*W_\`!Q1X3^'[3:CJ'PH^
M#VD:2GBVUECWQ36D%Q]MOHDC#!8Y+AKA;;+L&^0$DA%0?T$_!GXS?#+XM^'D
MF^'EZD2VL>Q])D1(IK1%.U08U)`7`&"N1@@=<@?SV?\`!!7X.ZT/@UXO_:Z^
M(MC/)XD^)?B>XDMM2NU*R3Z?&P^;&``K3F7&,C"#&!7Z*_#CQWK/PU\:Z?XR
MT2ZDCEL[E'D6,_ZV,,"T9'0@@8P?Z5%/*X5L+SQTD]5Z=$:5,YJ4,9[.5G%6
M3]>K7^1^F%%8GPZ^(/AOXI>#[3QQX2GDDL+PR"(S1E'!1V1@5/3YE/X8/>MN
MO$:<79GT<9*236S"BBBD,****`"BBB@`HHHH`****`"BBB@`HHHH`*^7/@#_
M`,I=/VE?^R1_"_\`]*?%M?4=?!&L?M=?#G]EG_@L+\:],\>:+JU])XN^%'P\
M2R_LA[/-N+6Y\2;VD6XN(G?=]J3:L*RL=CY4?+NSJU:="'/4=D=V6Y;CLWQ<
M<+@X.=25VDK7=DV]^R39][T5X?I7[?\`\&)"9_&7@GXD>$['RC(NL>*?AKJE
MK8LH`.[[2(6B"[26WE@N`>>1GV/P[XC\/>+]#M?$_A/7K+5--OH5FLM1TZZ2
M>"XC/1TD0E74]B"14TL10K?PY)FN89+FV5)/&4)4T]$VFDWV3V;]&7:***V/
M,.%_:@TNXUS]FCXB:+:*S2WG@75X(E1=Q+/9RJ,#N<GI7E__``2BO;2Z_8.\
M$VUM)E[5]2CN$SG8YU"XD`Z=U=6^C"O:OBP(S\+/$HF8A#X?O-Y7J!Y#YKYY
M_P"".VP?L7600DK_`,)'J&,^F]:^?K^YQ11?>E47W2@SZ"C[_#%9=JL']\9H
M^IJ**YGXF^)-8TVPM?"WA+(US7IFM=-F\O<EH`A:6ZD']R-`2!_$YC3C?FO>
MG)0C=GSLYJ$>9E_PWX^\%^,+R^T[PQXGLKZXTR[EMM0MX)P9+>6-S&ZLO48=
M67/3*D=JUZY3_A2?PW&AZ?HD6@F)M*@,6GZE!<R1WL&3N9A<(1+EF)9OF^=B
M2V:ALX_B_P"#D^R3O;^+[7"B*Y=X[&]CX(/F`+Y,H.`=R^603C8>HSC.K%+V
MB^:_RW_/Y&49U8I>T7S6OX;_`'7\['8T5RO_``F'Q)_Z)!-_X/+;_&D;QA\2
MPI*?!^4G'`.NVP_K5>UCY_<_\BO;0[/[G_D:?C?QII?@71#JVH133RR/Y.GV
M%K$7GO;@JQ6&-0"2QVD^BJ&9B%5B*7@SPMJ_]H2>//',-I_;M[:1PF"U4-'I
MT*Y;[/'(0&?YF8M(<;R!\JA545O`W@#4XM07QY\1[M+_`,1R&4P;)&-OI4,F
M/]&MT)VC"JH:;`>0@DD+M1>NJ8J4WS2T[+_/S_(45*H^>6G9?J_/\@HHHK8V
M"BBB@`HHHH`S_%?AG2_&/AZ[\-ZQ"'@NX60MM!:-B/ED7/1E.&4]00".E<]X
M3\9>)=)\0Q_#OXEP)_:$JG^R-:M82MOJRJI8\=(9PJEFBS@@%D)`(7L:S/%W
MA'2/&NBMHNL><B^8LL%Q:SF*:WE4Y26-UY5U/(/Y@C(K*<)7YH[_`)^7^3Z?
M>C*<)7YX[_GY/]'T^]&G17&^#O%?B+0M?7X;?$J\MY;]XFDT;6(\1IJL2G##
M8?NSH"I=%R""&'&0O954)J:NO^&*A-35U_PP4445984444`%%%%`&=XK\7>$
M_`?AZZ\7>.?$^G:-I-B@>]U/5KV.VM[=20H+R2$*@R0,DCD@5Y?;>-+7X5?M
M?7O@CQ<)(;;XHZ;!=>$KY+=?(DU"P@9+NSD<<B9H/)FCR"'2*89!C`;T_P`8
M^#_#'Q!\*:CX&\:Z)!J6D:M9R6NHV%RN8YX74JRGZ@]1R.HP:^9_!?@+Q=X]
M^`/BO]F?2==_XK[X(>+$'P_UG5D5Y@((UNM'N'S@;)+:4V3L?OHL^<[CGAQ4
MZL9QY5YKS:WC\XWMV:U/K>'<+E]?"5G6G:]H3OM&$W'DJIZNU.LH>T5KRA)*
M.K;7U517&?L^?%^T^._P=T+XHP:5)IT^I6I&I:5/_K-/O8V,5S;/G!#1S)(A
MR`?EZ"NSKLA.-2"E'9ZGS.*PU?!8J>'K*TX-QDNS3LU\F%%%%48!1110`444
M4`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110!\U_LK?\I`OVJ/\`
ML+>#O_3!'7TI7S7^RM_RD"_:H_["W@[_`-,$=?2E`'._%?X>Z-\4?`6H>#=;
MLO/2XA+0+YQC*S+\T;;ATPP']0:_,S5/'FK^)/$5UX$\6:YJ$6O:),8[S3-1
MED:6V,;[&4;^"N5P=O3C-?JK7A'[7/[#'@#]I'_BO=+8Z1XWTZV_XE&LVZJ%
M>1?NB92/G^7*`YZ$`[E4+7;@\9+"RLU>/;]4>=C\OAC(73M);/\`1^1\47$9
MGM)K/S719X6BD,;E258$$9'L:^\/V-_'^B?$/X":7X5NY;2:YT.P32[ZQ>2-
MV:"-/+C9XP.%=!CD8.UN3S7YTWWPN_:5_97U>^3]JF&X;1]0N]NE^(3!'Y$+
M*""CO$-H!`!!/3!)X.1ZE\#OC-K_`,(?&ECXS\-:H383-%_:<-NL;_;;7<K%
M%9@0,C."/4'/%>OB(TLSP_/3^)??Z,\+"SKY-B_9UOA?;;U7IU-G]J3]A_X@
M_`CQHWQ$^%7B%5^'#7<?VS2)U\Z:R:0,-H=AE8S*0,_[:`Y.2?/*_2G4;3P)
M\=?AA<6"W<6IZ!XDTQXA<0@$212*1O3<#A@>02.&`/:OSB_:-^`NO?L,^(;/
M2M4O]3\0>&_$.I%K'6I&=DTU2Q7RGWDXV@(V%.`')Z"N;+<>J:]E5?H^WD=F
M;Y9*J_;T5KU26_F-NIH[FU6>(%&4)%.N_(?"_*WY*<CM@>M5:O6_DZ;;2&_M
MXIC*$,=NSG(Y!W':?E^7(QG/S=.*BU2TBM9T>V),,\*RPY.2`>H)[D,&7/?&
M:]]-;'R[3*U%7_#/AW4/%>M0Z'IC1K+-DAY6(50!DDD`G&!V%6]<^'OC'P_=
M?9K[0IVSDI+;IYB.!W!7/MP<$9Y`KEGF.`IXQ8256*JM<RBVN9QU5TMVM'J;
M1PF*EAW7C!N"=KV=K]K]]3)LXHY[N*"9L*\@4GZFOE?_`(*Z^-/%FO\`P<T#
M]F?PDWDZQ\:_&%KX6%P$!^R6A82W+A.,@1ILQD8W#IU'UYX6\$^)_%3S2:#8
M;_LC#S&>0(`W9<L1SP?IWQ7SIJOA/5/B5_P4JUO4]>TL/HWP<\*QZ?IPD`Q!
MKFJ>7=3$8/SE;%;7D\+YW`&[)QJ8W!5\1+!TZL755KQ4ES13ZN-[I-;-^1O0
MP^(I06)G!\FK3:=FUM9[/4]6^&/PW\(?![X>:+\+?`&E)9:-H&G166G6R`?+
M&@QDXZLQRS-U9F)/)-;M%7-$C;[<MP;=7CCY=G<*J9X!)8$=>Q!SCI7HZ1CH
M<-W*5WU/;OV)_C+IWPEU^_\`#WC/Q`+71-4CCG.^3]W;7!`"R,,9&Y0JDCC[
MN[@`C[2K\P;&<3:G-&]ZQ6XCDB\Z8<MD':6!..H7OP<'M7W3^QM\3M<^)WP0
ML[SQAKSZCKFFW<]GJUU)&B,[+(6B)5/^F+1C)`)*L3GJ?G<VPRA-54M]SZO(
ML6ZD'0D]MO3K]VAZK1117C'T`4444`%%%%`!1110`4444`%%%%`!1110`5^<
M_P"TU\*+_P"+?[;'[4^G:3\0[/PY=:3\+_A7J4%QJFH+;6=V4F\8H;6X=SM\
MN19&&ULJ6"AN,D?HQ7Q-X4_9X^$WQK_X+._&WQ9\3_#(U>7P=\+?AM=Z)9W4
MS&U2YDN?%&)WASLDD3R@$9@=@DD`^^:Y,=AEC,).@U\2MNUOUNNVZ/3R;$T<
M%F=+$59RBH/FO%*3NM4DFXK5V3=]$[V=K/S[]C?Q)\#_`(N_"^^@\$_`OXE:
M%X@TV!9?&<WPP^)%MHFEMM+XF6QGU>WB6(K\S_Z-Y89F7<03GSC1[CXM_#SX
ME7&O?\$S-/\`B[J%U)K4DGB>WN?!^GOX<NW<E9-\]A/_`&?+(@`PT,."O^KD
M!):O?/CW^RHG[3G_``4WDTJUM+MO!EGX4TZ3XJO#YD$5XP:26WT\R#&]I/)L
MF95(81!LD?+G[@LK*STVSAT[3K2*WM[>)8X(((PB1HHPJJHX`````X`%?-9=
MEN)Q%)TZLN5TI.*FE9RM]I6M;S=Y7=S]@J^(,<AIJ<Z7UB6)@I2I592G",&E
MRJHYN7/S+WHJ"I*,>22;O:/YO_$7Q'_P5PN?%WA?]H[XA?LC6.E7W@)9VO=8
M\-^)H,ZGIC,DCVUQ8Q7<TCH2GS!,$9W%5VC;[G\,O^"K_AWXH^%)?$/@_P#9
M"^,?B!M/VQZM_P`(IH6GWRPS%02%07PF93GY28P3Z9!KZRKS3PS^RC\*O!?[
M0^J_M+^$UU'3]>US3WM=8L[:Y465WN9&:9XMF?,+(IR&`)R2,DD]JRK,,'C/
M:86NW&;]]2LWM92B[)7T2:MJM;W/B\1Q5D&;2Y\;E=*')&T(TG5A%ZW::=2;
M5[NS3Y5TAJV>0R_\%-/@_P"/+36/A]XA^`WQ4\/W3:=Y6HZ9XFTG3M*ODBG#
M1@Q6]W>I)<-[0I)MR"P`KQ+_`()Y?M0>*?@?\5M!_8_\0:?:Z;X6U?7+_P#L
M^X\0^'KS3]49Y`YMES,4C8R.B#"(^#*!NSPOZ#>*?"7A?QSH5QX7\9^';+5=
M.NEVW%CJ%LLT4@]U8$'^E?$_B+]FCX(_`3_@H[X`TO0H=8\+^&-2TD7F@V6C
M7DKVBZTMWGR&CE9UB@E`&X1J,NZ8V99ZY,WPV.H8G#XI5$W&2C?X?=E)73Z6
M=DM]SOP&8\&X_+<5A882=&<H\T4I^TC>,7[S;M)-7;247INW;7[EN;FWL[>2
M\O+A(HHD+RRR.%5%`R6)/``'.:XSX91MXQU_4OC%/=&:UU%%M/#*Y.U-.0@^
M:!T)GDW2[L9,8A!^[7S-_P`%6OV^?$/[)_BOP!\);/X/)XI\.>-;._G\;7IG
ME7^RK>.]TRSLXY52-@8+NZOUM7<D!"Z#^.N<B_X*Y_%#Q=\;?"/P8^&OP7TF
M^E\0V&CG4;N*>ZO'L;VX;Q-]LM/)@3<[0)H,)+=`+IV;B/GZEISJ:[+\7_P/
MS]#\K:<ZFNR_%_\``_/T/O*BOAS0O^"A_P"VC?/]J\5?`OP#X>GTY?$\GBWP
MM>ZQ>S7^ARZ/;6MXUD)XX_(O'DM[N,K<1D1$E2`02%YK]G7_`(+@^(_C-XL^
M%?@KQ#^R[K&G7'B;Q9?Z%\2=5T^PU*YT_P`*O_:4FE:2\D_V0);M?7J,BQW;
M0D>5*BF1]@?4V/T(HKX3T_\`X*C?M+R_\%)-/_8%\1_LV:9HUQ>:GK5^[[[V
M^NX_"]KJEE8V.K9@3R0MZEQ--DL!;"$I*,\GR+]E3_@N)^T9^T/X!O9M'^&'
MA*#Q7I?PV'Q!\4:=XRO+C3;31-'72K341"DD$4K7#W4-];S6TA"CR$F=QF,H
M0#]2:*_+KPG_`,'#GQ,\6V7Q#M](_8K:_P!2TE-0C^'&EZ-K5_>ZGXANT\27
M6BV]N=/M]/=W14M)[N>:WDE*B,Q)&SG(_2'X.?$[0/C9\(?"OQF\*;_[+\7>
M&['6M-\V-T;[/=6Z3QY615=3MD'#*K#N`>*`.DHHHH`****`"BBB@`HHHH`R
M_%_@_0_'&C-HFNPR%!(LL$]O,T4UM,IRDL4BD-&ZGD,#ZCD$@\[X8\:ZGX1U
M>/X=_%&__P!*DE==$UZ8*D.J1#&U6(P%N0"0T>!NV[UX)"]M7,_&*PUC5_AQ
MJFB:#X0BURZO8/(BL9Y42,%CCS6+LOW/O@!@Q*@`J3N7&K%QO4CNOQ\O\NWX
M&%6+C>I'=?CY?Y=5]Z?345R7AS7O%FA:!9:+=_#[Q5J,MI:QPR7][=:89K@J
MH!D<K=`%CC)XZU=_X3/Q'_T27Q#_`.!.G?\`R7356+6J?W/_`"*56+6J?W/_
M`".@HKG_`/A,_$?_`$27Q#_X$Z=_\ET?\)GXC_Z)+XA_\"=._P#DNG[6/G]S
M_P`A^UCY_<_\CH**Y_\`X3/Q'_T27Q#_`.!.G?\`R71_PF?B/_HDOB'_`,"=
M._\`DNCVL?/[G_D'M8^?W/\`R.@KPCXWVNH_`G]H[PK^TGH;F+P]XFDA\*_$
MU&/[I4=R-*U!B6`C\FYD:!G.1LO.<;<UZO\`\)GXC_Z)+XA_\"=._P#DNN=^
M+>BI\:/A?X@^$OC+X.^(9-+\1Z1/I]\JW.G;@DJ%2R_Z7PPSN![$"L,1:I3]
MV_,M5H]U\NNS\FSU\DS2A@,>G63=*:<*BY6[PEHVELY1TG"^TXQ?0XOX?Z5>
M?LY_M7ZS\/#?._A'XMSW7B'PW%(<_8/$$:[]3M@3R$GB"72+T#1W6`.K>[5\
M5>)_B)\3?''[*.F^-O$OAC5K[QU^SSXWBG\5:HC6K1W<VEC%Z#FX#L)]/G,I
MPN"[KC&`Z_5VF_$35M7TZWU;3?A;K\UO=0I-;RI<Z=AT8!E8?Z7T((-88.O#
MWHI.VZT>B>Z^3OZ;'L\5X>=-TJ]5WJ+FI5&D[2E2Y5&:TU4Z4J;YOM2YI/5L
MZ>BN?_X3/Q'_`-$E\0_^!.G?_)='_"9^(_\`HDOB'_P)T[_Y+KN]K'S^Y_Y'
MQ_M8^?W/_(Z"BN4UOXG:AX=TYM7UGX7>(8;:-T627SK!MN]U0'"W1.,L.@KJ
MZ<9QD[(<9QF[+\F@HHHJRPHHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`*
M***`/FO]E;_E(%^U1_V%O!W_`*8(Z^E*^:_V5O\`E(%^U1_V%O!W_I@CKZ4H
M`****`,3X@?#CP'\5?#DGA'XC>$['6=-E;<UI?P!U#8(#+GE6PS#<,'#$9Y-
M?G%XZ^%VE?!GQAJOPMT75?MMGH]]+;VTQ`&(]Q(0@$XV@[<=MN*_3BOSO_;0
M\.WGPC_:'O[7Q%IUW#IWBO4);W0M6EC'D7+R8DEBW*<*R2.R;6P2-A_C7=ZN
M4U*=/$/F=KJR/%SRE5JX5<BO9W?W'U=^PCXDT[5OV;=!\.0:O%<WF@0M87ZJ
M@1D*NQCW*&8C,97YCC<03@=!8_;ATM]2_9G\17"V*7"6$<5Y-&T`D81Q2*S%
M00<,!DY&.`><9!^9OV(?BU:?#W]H2V\)W^G%H?%&GO;&[6(L8GC(=<G("I][
M).>U?>%S;6]Y;R6EW`DL4J%)8I%#*ZD8((/!!':N;$P^J8Q\O1W7YG5A*GU[
M`)SZII_D?E#X4\9>&/&EE)>>&=6AN4@D\J=8I`3$^`=K8)P<$5T6FM)J#IH\
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M:&ZE_-?6^GX>1F^+_%&C>`_">K>.->N(K>QTFPGO[^>5@JK'%&7=F)QV4\DU
M\F_LW_!GQC\'?V<-"OOB]<23?$#QWK.I>,?'+WL02\CO=0E69+:<<`/;P>3:
MD(J)FV.U5'`^C/CKX6N?B+H6E_#.V#"/5->LKG4Y5D`$=E9W,5W,&4C]XDIB
MCMF08R+DG.`:?\5/AGJ/C;4K/4])N5655\FX\^4[5CW9#`>OS-D9&<#O7UOA
M=G&`ROB6G5QU94XRYFY2VTBXQ3D]D^:7JXQ78\;C'!8G&9/.GAJ?,[K1>J;:
M779?)L\<JY8N;NSDT@1[G9Q+!MZEP"-OOD'ZY``]*T?%GAW2_"OB&Z\-W?G;
MX5'EW*7`9#N0,I*[`<<C(ZCGKWIV&G2V\PU'8+B*WS)+Y#'"E1D!F`X!..1[
M]Q7]=T,11Q>'A6I.\))2BULTU=->J/PRI1J4*LJ<U9IM-=FM&9WTKH_!GCSQ
M7X8O([CPEXGU+2[Y48":RN2%EP&(WKWX.WG/&/2L>]N9]=O_`#8--AB<I@Q6
ML95>.2QR3]2:='-::4KB(I/<LA595/R0G/5<CEN.&'`SQD]-9)3C9HF$I0E>
M+/H+PA_P4;\8Z<EK;^.O!=C?1QQ;+FZM)3!+,V,!L'*`EL9``')P!P*^E/@W
M\5=`^,_P^LO'WAZXM6CNMRSP6M\MQ]FD!YB=E`PX&"5(!&?QK\DOVH;:ZN_`
M]A;:7JLEK>'68A!Y5PR>;N1TV$*<LN64X[%5/:OT6_X)I_`'5OV?OV7-)T;Q
M&R'4=9*ZE<;4VLB/%&(U;@'=M7<0>07(/2OFLTIX>C44*<;,^NR:KBJ])SJS
MNMOZ9]`4445Y9[04444`%%%%`!1110`4444`%%%%`!7RY\`?^4NG[2O_`&2/
MX7_^E/BVOJ.OESX`_P#*73]I7_LD?PO_`/2GQ;0!]/0V5G;SS75O:1)+<,&G
MD2,!I"`%!8CJ0`!SV%2T44#;;W"BBB@05XA^W_\`";5?B)^SUJGB3P)<Q:?X
MQ\+>7JGAG6ED$,]M)%*CR1QR[2RET4@*"`T@CR>*]OKB_%GVWQ]XZM?`-A=0
M+I>C26VI>(R55VED$F^UM0""%RT?G.<A@JQ#!64UQX^A3Q6$G0GM-6\]>J]-
M[]+7-*.,JX"O"O2^*+5D]F^S75=_*YXI^PIXM\*?M2>"=;UGX]>`K&^^(WA[
M4/[#\76FOZ3%)):+$8&C2-)%)BB>6TCF9.,W,#-CY(\>R:K^RW^S)KNJ7>N:
MY^SIX$O+W4-374;^\N_"%E)+<W@)(N9':(EY06;$A);YCSS7SC^W9X%\9?LK
M_%C2OV_/@)I$HB@N([?XGZ/93>7'JEH711)(.5&X?(7VDJ_E28)#&OJ[X:_$
M#PY\5O`&C_$CPC<F;3=;T^.[LW9"IV.N<$$`@CD'W%>=D^)JPE/+\0[U:77^
M>+VGZ])=I)]T>KFF"H*G#'856I56]/Y)[RC^-X]XOR9R'C7P1\&_V>/@IXL\
M7^`O@?X5L[;1-"U75WTG3=$M[2&ZE^REI@PCCP#,L*([8)8*N<X`K\^O"_\`
MP6=\,ZY\%?''QM^"7_!/WPQ9RVTO@99[?4;N.R_M?Q+?P:C<W4,KBT5V73;^
MR%JETR$22I-+&0JJ6_4^OE#_`(*L?M/?M@?LR>#_``'JG[)?@/1-7EUWQ8NG
M^(KG6RV+6!E78L6`0TC$N0N,GRS@C!SZ./QM'+L)+$5;\L;7MOJTO+N<F6X"
MOFF-AA:+7-*]K[:)OHF^G8\)_9?_`&ZO@/\`M1_MA:)X%MOV$?A=H-])XHOK
M^ZUC6'T>+7+'6H[FX2Y=8KGR+B6^CN;';,ULD\BO'N?:%1C]VZQ^S)^S;XAT
M>'P]K_[/G@>^T^W^R_9[&\\)V<L,7V:'R+?:C1E5\J']W'@?(GRK@<5\X_$3
M5?BEXX_:ITCQ;X'_`."@'@;2/#=EJ%GK6N_#QO&L<=S:0Z+*UKK4+Q1[C-;X
MN+U+A&:-8+JSLVD)V21USFC77CK5_"OQ1TV]_P""J'P^N;;Q&T=I\/+NP^(8
MWZ;>ZG*UR@EG259(FN(+,26L4+'R!/>);CR8HQ78G='$U9V/LJV^%/PNL]=L
MO%%I\-M`BU/39[R?3M1CT>!9[66[DDDNGCD"[D:9Y97D*D&1I'+9+$G7TG2=
M*T#2K;0M"TRWLK&RMT@L[.TA6.*")%"I&B*`%55``4````"O'?V$O!'Q]\$?
M!MH/CO\`M3^'OB^]_J,M[H7BWP_HLEJLMK(Q8*7:\N4E4$X39M5%`7Y_O5=^
M*O[;'P/^'.AZU>>'=;_X335-"MXY;[0O"%S!<SQ!Y4B'FR-(D,&"ZEA)(K!>
M0#P#G5K4J,>:;LCMP&69AFE=4L)2<Y72T6UW97>R5W:[:7F>NT5\AK_P5Q\!
M>*-.@L/@_P#"+5/%_B"*R-SKMEI%^)K'25WD!6NH(Y6NF"[686D4^W)4_,I%
M+H7QR_;Y^-5M-XK\&_#;7O#,5M;*D.B'PA9Q6]^[2D">.]U2[AG*!2-P-FF5
M3<N[<%/%_:F$F[4KS?\`=5_\E\M^FY]7+P[XCPT7/,%#"Q3M>K.,=>FBYI6>
MZDTHM6ES<NI]=T5E^"]2\5:QX8M-2\;^%X-%U29&-WI=OJ0NTMSN(4><$0.=
MNTG"@`D@$XR=2O034E<^)J4Y4JCA*UT[:--:=FKIKS3:?0****9`4444`%%%
M%`!1110`4444`?GI_P`'&G[":?M6_L:0_%?PUX,EUS7_`(9ZY::O+HUC;W37
M.L:9YA@NK;?`S&**..X>[D803R,MH4C",PD7V+_@D'^W!IO[<G[*-EXR@E\*
M?:]"%I87,'@BRO8=.M5-G!(MLHN@P6:!FDMY(XIIT5H,B0JZU]+>-/"'A_X@
M^#M6\!>++!;K2M;TR?3]3M6.!-;S1M'(AQZJQ'XU^._P4\.^*/\`@F!_P52\
M0W7[07_!2?P5X'^$?PY\.0Z3HOAOXG^)Y3J&N^%+N.$Z;;:9IS2+&([::.2*
M6]@V%KB"3?;NN68`_9NBN-\8?M%?`+X?E$\:_&KPKI<LJ%H+>\UZW2:<`$XC
MC+[Y&X.%4$DC`!->?3?MU>'/$NKC0_@3\!OB5\0I&W!-2T7PN;'2PP(&#>ZD
M]M"02>"A<$#/3FL)XK#TW:4E?MN_N6I[.$X>SO'4_:TJ$N3?G:Y8)><Y6@OF
MS!_:3\-:;\#/B=J'QG;1YV\%?%*P@\+?%62S/.F2LKV]CK)3&&4><+:8DC$?
MDN,^65;M/V%_B/XL^)?[,OA^\^(,L4WB+1&N=`U^Z@F,D=W=Z?<26;W*N57<
M)?)$N0,?O"!D`$XWCZR_;+^/7P^U;P&WPO\``7@;2]?TNZT^_;Q'KUQK5YY$
M\1C8&VM8H8$;:S#BYD'.<<8;Y\_X)J?L_1_$SX$ZA\"?C=\=O$5V?A[XEU+1
M/$'PQTF[ATNSAF%]/.TLIMECNKB&8RADWLB?*ZA6"YKRE5J4LP2I1?+)2M?W
M5S73>^O=[-W<M^GZ%++\%F'!%2>/Q$%6P]2BI.#]M+V7+4A%KD;IWTA3UJ1B
MXPI)N,DN?ZA\;_MI_`7PKXCE\`>&?$-QXU\61J=OA'P):G5+[<&VE9/+/E6Q
M&"2;B2)0`235#P;X@_;@^)NLZ=K&O>!_!WPRT!+GS;W3[Z^DUW5[N)2I6/\`
M=>1;VV\%@QWRLA7`!R&KT?X:_"CX9?!OPU'X.^%/@+2?#NF1D'['I%BD".V`
M"[[0"[D`9=LLQY))KH*])4<14=ZL[>4=%\WN_E;T/AJF99-A(NG@,-S/_GY6
M?-+M>,%:G%/M)56GJIG*_&O_`))M?_\`7:U_]*8JZJN5^-?_`"3:_P#^NUK_
M`.E,5=56R_BOT7ZGS"_C/T7ZA1116AJ%%%%`!1110`4444`%%%%`!1110`44
M44`%%%%`!1110!\U_LK?\I`OVJ/^PMX._P#3!'7TI7S7^RM_RD"_:H_["W@[
M_P!,$=?2E`!1110`5RGQH^#7@CX[>`+[X>^/-*BN;6[B81221!FMY""!(N>X
MS^-=710!^67Q'^"?Q8_9"\1VWP]^*5A-J&A74WEZ!XMMBTD$F[D0R%OF1AG:
M`W(QCE=K-]<_L-?M%'7;!OA-X]\1J]]"P_L!KA54R0A0##N&-S`@L,Y8@MS@
M`#W/XI?##PE\7_!-YX%\9Z;'<6MRF8I&C#/;3`'9-'GHZDY!^H.02#^>?[*_
M[./[;%_^VAI.N>-?#FIZ!X6\,ZL+AR^E/;P2QQG:V)I`/.WYV@(6R'+`84L/
M2^MPJX-TZVK6QY/U"I1QZK4-(OXO^`C]+:^'OVZ?V,/%_@OQ/??M+_`C31=V
M#H9?%7A>V3:67YF:YC4#'R]3M&[URNXK]PTV:&*XB:">)71U*NCKD,#P00>H
MK@IU)TIJ<'9H]*K2IUZ;A-73/S-^'?Q+U&RETRXTO7G?2Q=+(\"R_NV1B-X;
M'3C.1V.3P:^@#UXKS3]N#]GNU_9K\8I\2/!FC+;^!-=G2*\MK:-V&E7I`!D)
M.<1/MR<G@DXX&*N?#SXKS7HTSPUKE@&FGB"6]U;]"BJ0&DR>ORG)';!Q7P'B
MGPIB.),!2S++:474I<WM$K)M.SOK:]K-[W=]+LZ.%,TAD>,G@\9-\D[<C=VK
M[6\KW2^78BTKX#Z=X6_:'\1_M,1^*KZ:XU?PRNG3:+(J"WB6+R6\Q6QNSBW'
M'0%W/\1KC?$7Q0\7:_K!U:VU:YL%VA8K>SNG18Q^!&2>I/\`3`KT7XV7FI1^
M$XK#2YF#7MT(Y%C?!>,(S$>XX&1WR*\8((.",'T-;>#?#F&EDTLUQ48SG4O"
M-XZQA#W6M>[6NG3<Y^/\YQ$L?'!TI-1@DW9[MJZ^Y?F6)IM5UW4#+<3SWEU,
M0"\CEW<@8&2<DX`_(5:LKNWT:2.%9U9I'3[7+&-P1,D-&"/O@@@GL<`<]:BB
M9TT<RV;`,'9+K:HW;"!@YQD`\KP?KU%4Y(Y(VV2QE3C.&&#BOV]1BH\J5DM+
M'YTY.]WN7H=-NM/UF2UE8`6TNVXD60;0F<'G.""/SJ@0`2%.1G@XK3>Z?5]-
MDA@L1]H\Z(R-'EGE&W;T[8(SQW85G30S6\AAGB9''577!'X&G%OJ)I=#E?B'
MX=?Q;K_@_P`,<1QW_BVTBENC%N\CDL&]3TZ#.0#7ZV:1IEMHFDVNC61?R;2W
M2&+S&W-M10HR>YP.M?F+X'\2^%/#7QM^']SXNTV:\M_^$NMW2V@`R[JK;3D\
M?*Q5MI(W!2/6OU"KYC-_]\^2/L<B_P!Q^;"BBBO,/9"BBB@`HHHH`****`"B
MBB@`HHHH`*^7/@#_`,I=/VE?^R1_"_\`]*?%M?4=?+GP!_Y2Z?M*_P#9(_A?
M_P"E/BV@#ZCHHHH`****`,/XA^+G\&>&9=1L;,W>HW#K:Z/8JN3=7DG$4?48
M7=RS$@*BLQ("DB+P9X<TSX;>%&_M?5(_M$\IN];U.YG(%Q=R;0\A9SP"0%5>
MBJJ*,``5F^%MWCWQ]?>.IIY3IVASW&E:';E2J-.CF.\N2#]X^8A@4G[HBE(X
MEKY/_;?\.^'OB)\?]*F\7:+JUEH5OXAMM/G\4?$BUO+G1+"[:/:L.CZ05%O?
M2NB/+)=3J\")YARYCVQ^?B<0Z,/;)7Z)-V]7?7?[K=5<]SA7(J?$F:.G4J.$
M%%OF4>=Z=H\T6^;I:\FE[L9-\K^F_P!L2RM[_P#9,^)L%U%O5?`.KR*,D8=+
M.5U/'HR@_A7`_P#!*S68=8_83\$*NIQ7,UI_:%O<+'("82M_<%8V`^Z1&8S@
M]BIZ$&O2OV=O&?@[XF?".TU_PI\<!\2K">2:*7Q-)':#[2X<J\92UABC4*?E
M"E-VW&2^=Q\"_P""3VJ?#[PCX6\>_`C1?$=K_:VE>-9M171C<[IX["6SLD28
M@\[3(DBY'&X$>F?-JNW$&&Q":M4ISC^,9+:Z>S.YX.O2R?&8*47S4*D9/W9+
M3WH.ZDHRCJU\23Z-)GUS7S9^W]KUS;>*/AC8P3QB/0_$,OBZYCG5?+VZ;Y*J
MSOU0!KL$\@%0W.0*]NA^+OP]E^)\_P`&Y/$*0>(X;%+R/3;J)HFN8&S\\#.`
MLX7:=^PMLXW8S6)\6?!^DVGB6Q^+$D$=S>+%:>&S:7<0D@>SO]5L1<;E/!8A
M%QG@8[UUYM36.RZI3I36C5VM;<LDVO6RV.#)JCR[-*=6M!ZIV3TOS1:B]>EW
M>YX!K'_!$3]B?6O&?BOQK)+XWMI?'-YXGN/&-GIWBV2VAUC^WKF>YOXI_*57
M:!GF4?9]PB=+:%)4E4,'Z_6?^"7/[/?B.::^\0^-/B%?W=YJ=A=ZD]]XRFFM
MKY+2S6T2WFL7!LGB9`[MF#>'FD9'3*A?I"BO7/$/S7\=?\$_/^"FNIZKJ'P+
M\/\`Q!T6_P#A5I376G^$;35O%]S:1-IDOF"$7$=DB&:1(WC#B6*10Z/Y8V[<
M^G?L_P#_``1:^%F@^$-(MOVH_'6K^.+[3H7\G1+/5;BUTC3S(`72!583,,\;
MMT8(`_=K7VU17DQR7`^W=6HG-O\`F=U]W;M>Y^E5?%?BY93#+L#*&%IQ27[B
M"IR=ERWYDVU)W;DXN+DV[Z:'._#KX2?"[X1:+#X=^%WP]T;P_900B..#2=.C
M@&W.?F*@%B2223DDDDDDDUT5%%>I&,81M%61^=5Z]?$U75K2<I/5MMMM^;>K
M"BBBJ,@HHHH`*\[_`&K?A3X\^-7P"\1?#WX6_$O5?"/B2ZM!)H6NZ/J<MG+#
M=1L)$1I8B'6*0KY;XY".Q`)`KT2BHJ4XU:;A+9JQU8'&5LNQM+%4;<].2DKI
M-7B[JZ>C5UJGH]F>%?\`!/G]I#4?VAO@:\'C75([GQCX.UF[\/\`C$PVTD:&
M[MYG1)`9%&[S(1'(2,89F!"XQ7NM>-:[^SCK/A?]K/1OVE?@P=/T]-=MYM,^
M*VFR90:Q;+#FSNUQD?:()45<D9>.5EW#'/LM8815HTO9U=7'2_\`,NC_`,_.
M_0];B6658C,GB\N]VG67/[/K2DVU*GHDK*2;@UO3<+VE=(HHHKJ/GPHHHH`*
M^2/^"S/@O0(/V3D_:>G_`&>X/B?XA^!^NV_C7P5X4OKN\2U.JP'RXKN6*SC:
M6Y$`E:40DI&=N9'1`SK];T4`?FI_P0@_X*A?`;]L?P]J_AGXI0>`M&^.CZQ=
MZCKT_ASP7%HL&L+=SF55AD+N]Q<1^:(I!(5F<IN*N5DD/Z#:7\9?A/K7Q,U/
MX,:3\1]%N/%NC6L=SJGAN+48S>VT,BJR2/#G<%*NASC@2(3C<N?Q9_:&^!_[
M/'_!,[_@HWX-_9]\8_"_P1>_#KQCI]U=:C+J4]XWB'Q+;ZEJ>T$W,.DW3&?3
M_LLDY\J2Q$JBT%S>X>03>T?MA?L__'S]CGXR^$O^"E_[//B^Y\=>"=&L[$O>
MWEZDE]%IQ01+;WDJ#-S"T3B`7'S.J[`Y)4.WD8[%8G+:?/&GS4TU=K=+J[+M
MO=?-+<_3N$>'LBX\QKP=;&2H8R4)*E&>L*E56]G!5)-M*>L>66SLXSE?D7ZQ
MU\H>(?V9[/Q;^U=\6_%_P-\9W7@GXEVVFZ#J6G^([21GMG^T0SQ/;W5KN\JX
M@E^Q`L'0E7`E7YU.?H7X)?&;P%^T%\+-%^,/PSU3[7HVNV2W%H[;1)'D<QR*
MI.R13E67/!!%</\`LOWEGX[^(/Q7^-%N\S)J?CAM!T]F<E/LFDPI:'9GJ#=F
M^?(X(<8SC<W3B(T<4Z2W3=UZ<KU3Z;JS1X.25LTX>CF$]:<X05.46M'+VU-N
MG.+TDG&$^:$DTU%IJP?!C]JA-8UF/X/?M&:19^!/B1&_E_V)=786SUL&1UCG
MTN:0C[6C*@)0?O(F)5EX#-[%7(?'3X&_#C]HSX9:E\)_BGH@O-+U&(@.F%GM
M)L$)<0.0?*F0G*N.AZY!(/(?LG_%WQ]XKM_$/P7^-D,8\=_#V[AL]:O(%`BU
M>TE#FRU-`.%\](GW)@8DCDPJJ5%73G4HU%2J.]]GWMT?2]M;K?716UXL7A,%
MF6!J9A@8>S<&O:4[W45)I*=-OWN3F?*XRNX-P]Z?,^7M/C7_`,DVO_\`KM:_
M^E,5=57*_&O_`))M?_\`7:U_]*8JZJMU_%?HOU/EU_&?HOU"BBBM#4****`"
MBBB@`HHHH`****`"BBB@`HHHH`****`"BBB@#YK_`&5O^4@7[5'_`&%O!W_I
M@CKZ4KYK_96_Y2!?M4?]A;P=_P"F".OI2@`HHHH`****`"BBB@`HHHH`S?%_
M@_PSX^\.W7A+QCHT.H:=>Q[+FUG!VN/J,$'W!!%?F_\`$7PAJWP[\;:A\/\`
M6XY8YM)F\F.&64N5AZQD$]5*%2#[U^F5?%W_``4'TS1W^-ECJT6E-:73:)%;
MW-[+%A;I5=V5EVY+!=^TD@'(QR%X]7**DHXGE2W7Y'B9[2C/"<[>L7I\SR*R
M\7ZU8Z5:S1:@TQL[A@(KIBXC#+\NS/W1PV=N.0,YXI+YA>W"Z?=VXC:YE$_E
MOS*F[<Y.[`Y8$!5Z'C(S5*VG32;1Y4D@N#.ZJJ%B0`IR6*\$'.T`^A:A=1TZ
M.1M16"66Y+`A;E]ZALY+[@02?8@CU)KZ"-.,/@5O3[_S/E'.4OB9-'>3R1L5
MMX-.`PUH\:LKJ3V##+N",\MD#MC.*9K]A<6\L%J)H[@P6VV5H)`X4AF9LXY&
M-W.0.<_6JNGQQ!GO;E6:.#!*J<%F.=H)[#(Y-1)<W*W7VJW=DE+Y4Q$@@D]L
M5I:ST(OIJ$]I=6P4W-M)'N&5WH1GZ9JYI-]JJW=M:17KQJTB^4[1[]@W<E0>
MW!R!@'D&I[:[N='NKBW%X;JZG8Q@0S$KO.06.5^<YQC!]:>^KVD%Q%$UF;VZ
M@G#1SH=B;P``BH%P4R!Z$]MO.4VWT&DD[W+?@S7=)F^-/@[5]?T47MG9^,;.
M9(3&K.I+^6#N/\(+!MI.WK]:_2>OS)U/1;Q;N6^TVQDA6(EY`K'$<@+%E0X&
M=H';I@\G%?<G[(?Q<3XK_!^S-V"NH:(J:=?[G+&4I&NR;)Y^=<$_[0:O"S;#
MZJM';9GTV18K1T);[H]2HHHKQ#Z(****`"FRRQ01-//(J(BEG=S@*!U)/84Z
MO(OVW?$!T+X#W<)N9XEU&\CM'>WEVG#*[`-W*DH`0.H/IFM*--U:J@NK,J]5
M4*,JCZ*YN^+?VIO@%X,#+JGQ+T^>13CR=-8W39]#Y08*?J17D'Q(_P""BMI:
M7XM/A3X16\@$/SWFLJT?[S/\*(V2N,<D@YSQQD_*]U:M;;&\Q9$D7<DB9P><
M$<@'(-+;64US&\P*I'&/GED.%'H/4GV&37T=+*<+3UE=^I\E6SS&U=(VCZ;_
M`(GOOB'_`(*$?%G5?#NS0O#VDZ7=>:$DO(T:7JI^ZKD@'//.ZOH7]F7XYV'Q
MV^'$>NS:EI[:U9RM!KMA8R?\>LFYMFY"2RAT"L,]<G'2OS9^-?Q*MOAG\/9]
M9TZRDNIHB8M.@*\W-Y*`J`@=%R!P,G`)^GU9_P`$=_V?_B/\(_@CK/Q`^*%X
M6U'QOJ"7GDN!N"HTQ+G!.-S3,`N`1LST85P9G3PM&"A"-I;_`"/3R:IC,1.5
M2I*\;6^?_`_4^OJ***\<]\*^7/@#_P`I=/VE?^R1_"__`-*?%M?4=?+GP!_Y
M2Z?M*_\`9(_A?_Z4^+:`/J.BBB@`KF/B9K^MVUI;>#_!\>[6M=,D-K*6(%E"
M`/.O&P#Q$&7`XW.\:9&[(U/#?C+PGXQ.H+X4\1V>HG2=3ET[4_L=PLGV6[C"
MF2!\'Y9%W+E3R,BN7\>:9K/@C7M0^-5IXOTY;.UTC9J5CXCE\FUM[:/+N\=P
MO_'M_>8LKAL#.`J[<:LG[.\=NZZ+JQ5Z6(B_9*+YFTK6UU\M[]NNNESRWXO_
M`!,\5_L`>'=4\<7>D2>)?AF+8#3;&*8C4-'U%DV0VV[:0]K/*$4/@O').20R
MFJ/QAM?C3^V%?:-\'='^$`\)Z(MI'=^*/BC=7"R26.^)!/::`YC6626:.62'
M[:R0JL+2D*7VI7/?&OXFZ3^W=\0O"'[*G@WP7K=KI]MJFF>+?&/B.Z:);>TL
M(3)-%!"4E_TEKG;$$FCWPA)@X+E"J]-XB^+/A3_@FG9VVG?&KQC)#\']1U`V
M_A_Q+J4P9O#%S(S-%ID@`\R6!\[8&4,Z%2AR"I7P'55*<DYOZM=*_P#*[ZJ[
M5^2[2O?W7I=+X?TG!TZ.6Y?A:M"A%YBU*48^]I"R5.7)&7+[2RG+DG'WU9R@
M[I3/`_@N/]A;X_\`AGX0?##P]$OPL^*6IRV]I9RW;J/"^L6^FR2A(24;S8[N
M.T!V.P;S5EDWG=L/GW['?@_XO^!OAGXK\`_L_P`\=YJ<'[3$^C^+_$UW';+-
M9Z):-"UQ+MF+>:SQ1B%4P[(;PLH`7>OT*?C!^RG\=?!\/Q`B\:Z)XBT;PKK=
MGJ%MJ=O(\B65\/\`42HR#.[$A&1D8+JW`85X3_P3M^*7A+XJ?M:_'CQ5\(;Z
M9_!FK7NGZA9C[/)''-=.)1+<;90KQ-(P=B"`6!&0-@%9XF.'AF6%4)JTG-1Y
M7JE*%W;RO#?IS65K$U,PQU7#5L3B<.W6I1I^V=6+<9S4VJ;J)N_.X26C24_9
M\TE)RDW].?%_X,>!_C9X:'A_QC8N);>3SM+U6TD,5WIMP/NSP2KAHW!`Y!YQ
MS7S5^TU^V_I?[$WAGPU\/OVYO$%I:)JOB?1+?PKXWTY'>+7&M]0@EF%Q#C=!
M<B*)794WHQ<[<<+7UKH7B#2/$MB^HZ)=^=#'>7-H[^6RXF@G>"5<,`?EDC=<
M]#C()!!/$?M"_`/]FWXW:/IMU^TCX(T/5['0KY)M,GUV7RX[2XD>-%*ON4!F
M<1J!GDX'?%>GF&"J5J4JN%DHU&K7?PR7][1[*_*]T^MFT_DLHS"C"K3I8F+G
M2O=):R3Z.&JW=KK9KI=)K\\O@E^SG\%OAY\7/%O[%R?M]ZQXQ\1^*=&E;6?#
MNM_#6^DD*6,6AW\2R"YO-U[:M':7RK;6:_Z3;ZL49G%JDA[#XM^%OV<?C/\`
M#;0_"FB?';7;'Q+K'Q$NK._2+X2:I<ZD-4O]-N;1M/@MEG5K<6VG:-=K=0H\
MS+'9S%Q'O"LNK?#_`/;Q\1?\%'-?\4^)_P!DGP_J/@VTEU/3O!FL?V<8/M5J
MFD:Q:Z>]S.L@4"+SYX&W>6TD6KKMES%Y170/@+^T3I?[/E_JL?[,DG_"0Z1J
M7AS5_#NGOX5#3WVMQ)J:W%Q)F^#Q0M'<06SL)"0C3RF,O<RJ/65[:GCNU]#[
MI_9P\1>$O%/P&\):KX%\47.M:4N@V]M:ZM>:;<6<UUY""%I'@N`)8F+1ME)!
MN!R#GK7:UXW_`,$_X/B5;_LF>&$^+G@BX\-ZZUSJCS:%>6*6T]G`VIW36R2Q
MH2BR?9S"7*DJ6)()!%>R4""BBB@`HHHH`***K0:QI%UJ4^C6VJVTEY:HC75H
MDZF6%6SM+*#E0<'!(YQ0-1DTVEL6:***!!1110`4444`%%%%`!1110!\K?\`
M!2_]D_6?BM)X-_:U\`>#O#WBOQ9\$;/7M4TCP1XNT:XU#3=?%QI[(8FM[6*6
M>2ZC>.-K<QQNX=G55)D%>,?\$3_VSOAS^W9^S7XE_9J^(7P_\):;):QW<DO@
MGP+H>KOH>GZ3>"*9[4ZG</+!)<^9>ES!!*GD1S0JB`1DK^B%?E[#^Q]XV_X)
MS?\`!3SXE_MRZ9XW\-^`_@+=Z7#K_P`1/'/BS25O-4O!<R2AO#6CK&\SI;+)
M:6'[N.*"4XMH8TG\N/*:4E9ETZE2C44X-J2=TUHTULT^C1YY\/?B3\2O^"(?
M[:?B3X8>)_"FJ:U\,_$]R'TDR7;QK<V9E4QW4+;/+DNHHR8W4A0Q4KN0,KC]
M2/V8-/\`@SIWP(\/+^S[K:ZEX0N+>6[TB_%RTK3^?/)-*[LX#>899)-ZL`RO
MN5@&!`YW]I_]DOX!_MY_"&S\._%+0+B6%H/MGAW64ADM;_3'EC!$B"159"1M
MWPR+@[0&4,H*_GV/%O[3W_!#CX_67@C6?$%_XX^"7B>Y5K<7<1C2%W(\QHV(
M80748#DQJVR5<,P!*LGR\%5X?K/VBYL.W[KZPYGJGUY;^O0_H?%5,O\`&K*H
M_4Y^RSN,4ZM-MJGC/91<8SB_A591;T?+>\UMJOUCKPK]J[0O%'PL\8:)^V?X
M!%U<MX/LGLO'NA6P+'5O#COOF=$"DO<6K;KB)25!'G*2-_/K/PW^)7@3XO>"
MK#XB_#3Q1:ZSHFIP^98ZC9OE)5S@]<$$$$$$`@C!%;4T,-Q"]O<1+)&ZE71U
MR&!X((/45]'5A'$4?=?FFN^Z?];H_"\OQ=?),RO5IWMS0J0EI>+O&<'?5.UU
M?>,K25I)'%?$?Q%H7C#X*#Q;X7U6&^TS5(+"[TZ^MGW1W$$LT+QR(>ZLK`@^
MAKMZ\PO/A1X5^"/[.[_#+P.;E=(T^^WZ=!=3!S;13:CYXMT(`Q%%YGE1@Y*Q
MQH"6(+'T^BFYN7O;V5_74\S$QPT,PJQP\G*FG[K:LW&\K-KHVMUW"BBBMB`H
MHHH`****`"N7^)WQP^"OP3MK*\^,WQ?\+^$8=2F:+3I?$_B"VL%NI%7<R1F=
MU#L%Y(7)`YKJ*^0/^"I"^*W\7?#1/`GC.P\.:X=)\:#1O$.J2*EMI=U_8$WE
M74S,K*L<;[78E6`"G(/2@'H>T_\`#=_[#W_1Y7PI_P##B:9_\?H_X;O_`&'O
M^CROA3_X<33/_C]?'.G^!?VZM2U6ZU3P[^U)X4U2SM]8AADT\31'[*(@2]I+
M-'9'?,XEC!8)$1L#;&\U5B[KXG>$OVL]6\"F+P)\6O#?AS5(4U(W-]>V[74;
M1MJ-M-:LK&-!"T=G'<1,S)(O[S&UB1+'7*3<^C/^&[_V'O\`H\KX4_\`AQ-,
M_P#C]'_#=_[#W_1Y7PI_\.)IG_Q^ODKPSX<_:UN-8T2=/C]X4N]%O-2L<(=;
M^TS7(@6<WT$4D=I%Y[2$>:,%?+$10J50LWJ/PLC\<>'=1U_2?BM\3M-UB^U/
MQ3>7'AJRMQ'$UGIHA@9+7:%5G>,,79CN.)D.<$4<H<Q[)_PW?^P]_P!'E?"G
M_P`.)IG_`,?H_P"&[_V'O^CROA3_`.'$TS_X_7&7M_8Z;;->:C>Q6\*D!I9Y
M`B@DX&2>.20/QJ7IUHY0YCMM(_;9_8R\0:U8^&]!_:X^&-[J.J7T-EIMA:>/
MM.EGN[F5Q'%!$BS%I)'=E544%F9@`"37IU?%W[4O_(O>!?\`LMW@'_U*-,K[
M1I-6&G<****0SYK_`&5O^4@7[5'_`&%O!W_I@CKZ4KYK_96_Y2!?M4?]A;P=
M_P"F".OI2@`HHHH`****`"BBB@`HHHH`*_.#X[^$]7\`_%W6_!>M74TLEE<;
MK9YI&?=;R?O(BK-U&&Q[,&'4&OT?KYH_X*&_LO>-OBMHMM\8_@_/`WBCPY8/
M"^FW$!==2M-^_P`H$$$,I+D#ON."",-W8#%_5:UWL]SSLSP/UVA9?$MO\CY*
MJSIUG!>NT+W`C?;F,/D!L<D9`.#CIQCW]>'\-_'2XC\3'X=?$7X;7'@_6VE6
M*&+5(S,ET^.%65T"JQ/1=JDY`!8UZ/J:Z#8ZJ+ZRO5F"K$Y@M5("R[5+KN<8
MVA]W0$'C'!R/IZ=>G7C>#NCXRMAJN'GRU%9_UMW*TNKV4EL;*#1(88F1`S([
M&1B#G<68D9//``7OBB6#0[V,SVU]]CD^7-O/&S)WSM==Q/0'!`Z]>*HR.))&
MD"*NYB=JC@>P]J?:VTMY<);0;=[G`WN%`]R3P![FM;)&-VS5GNK.VMGU7[2;
MBXN4-NSJQ!W`(3*"RYY!V^O+>M07&E6=M=LFF:[#.Z2YMFV[%D4$8.6^Z>^U
ML<`YP<`LU6!TNHM#M=DWV?**]OEA,[')9?4'@#U`!QS5[3A]CF@TRYE:"[MB
M\FQH<B,@.64D9(8C;U'!49(Y(C9716[LPU>XURPB@EU6PN8'>.190(?)`;)"
MXPH"G:,;0,8Z8R36Q\*/BKJWP,\?V/B[PZL[HL2_VEI[76U+J)AGRR0N/ND$
M$J=K<]JYN76K5TF:/3G#W$821'NF>(<Y&%/S<=LL<>]-U4-);69>W)F>W!:4
M#[P&0HP!V4#GD^M)PC*/+):,J-24)J<'JC])O`/C71_B+X,TWQQH+$VNIVJS
M1J^-T9/#(V.-RL"IQW4UKU\C?L5_M0^'?`NB3_"[XFZ_;V.G6Y:?1+J:-OE+
MN6EB8J"-NYMX)Q@LPR05`^F_!OQ1^'?Q"1V\%>,M/U(QDAX[:X!=?JOWL>^,
M5\GB<+4P]22:T77H?<X/&T<51C)27,^G6_70WJ**Y3QY\;_A9\-M-34_%?C.
MSB6241Q10RB65R?1$R<#N>@[GI7/&,INT5=G7.<*<>:3LCJZ^=O^"BGC(Z7\
M/M(\%1);N=5OVFDWG,D:P@8*C/&2^,FNP\._MA?"3Q?+K.EPZY_8,VGP.UO=
M^(/+ACG(7AD7S-S\\[0,D#CK@?$GCOQYXL^(_B.;Q1XSUZ;4;R3Y1/-@!4!)
M"JHP$49.%``&37K9=@JCQ'--6Y?Z1X>;9C1^J<E-WYM+KI;<IZ0RW$ATFXW&
M*<\;3RCCHPX/N".X/L*AN[V2\8':(XU&(X4X5!_4^IZD\FG:20NJVK$XQ<)D
M_P#`A7/?$/QSHOPT\)7WC#7W)M[*,L(HV4/,_P##&FX@%F/`&:^A;C&\F?*1
M4IVC'=G,_'`BROO"^MW]R[:?;Z_$ES8^8-ERSL-@9,?O0,,=I*COD8Y_7GP9
M=Z5?^#])OM!T9M.L9M,@DLM/:!8C:Q&-2D11"53:N%VC@8P.*_%GX>>+-=_:
MBU_PEX*D\.:M9RW?C/S)8YK(X-L\A2W"D`@X$@R.3N7@@$"OVXKY7,:M.MB.
M:#TLC[;*:%7#X3DJ*SNPHHHK@/3"ODSX0>+O"GA/_@KE^T>WBGQ/I^F"Y^$?
MPR^SG4+V.'S=ESXKW[=Y&[;O3..FX9ZBOK.OESX`_P#*73]I7_LD?PO_`/2G
MQ;2=[:"=[:'?:I^TBOQEOK+P;^R+XZ\+:O?Q^)GLO%.JW=VLB:-:6YW7$BVQ
M=);HR8$,;QYBR^\OM7GI_CG\5/%/P^AL-$\*_`7QCXVEUF*Y69O"T]M`E@D:
MIN::>>XA,3,KL8_+W.QC8##;0VWX!^$'PL^%EC;:=\.OA]I&C1VEF+2W-A8H
MCI`"#Y>\#<5R`<$]0/2NCKGA3KNF^>5I/MLO1/\`7_)'O8C'932QL/JM#FHP
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M=6NKM$*BYDOY)#<%P"_.\`>9)@`.V>>_:'_9W\#?'+X7_P#""_';P':_%KX?
M_:+74$T:^+&]C>/(2>,P;5O=JOO53L?@D-*Q45L_MT^&?A1XR_8Q^*GA?XZ7
M\%KX/O?`&JQ^)+BZUMM-BCM/LLAD+W2\P+@<OR`,Y5AE3^3GC_\`9^^,WQI^
M&.F>.OCE^UU\(=-^P_"O5]*N-!2UETT:O\/?.O$U2]>*U@MX+(I=WEK$4BLP
M9#I5O*'4"5)=IX/#3I.GRJW:RM\UL_F?(XC&8[$XQXR=:3K/[?,W+165VW=V
M6BOLM$?H-8_L7_`3Q[X.U?1_"D'C75?"_A31IK3P[I&K^+M8:'^T_*\Q?)M9
M)PD:VZLL2H(U!>65'4^2@7Y]_P""8>H^._V,=;\!7WQLL)-)T'X]:(':\U2/
M;);ZI%<7!M0Y_@$T<RL`<Y^U1D[=K;?*_C?^RC\/-0^'/PS^&/[97[;?@2+P
M]!\:_$]O=^,FFBO;O5[!M)M8M/=&FMV6"_:VAM99KB-U:W>8RQS-C)\]^,'[
M)?@+0-'UWPIXSB^"[:U/J%UX,B\4W7B338I-!\3Q:I:7\MP);/28Y4N$M+B,
M,;N9Y0UR@,Z!LCR,7DL'.GB*#4:E+566CVTMV<;Q^=]SZS!\:9E/(Z^49A)U
MH5ZD9RE*4FXN,9KW4VTE>49/OR)=;G[*?!34=/M?`5_>7-_#'"OC3Q"C2R2@
M*&_MR\3;D\9W?+CUXZUM_$OX=>$OB[\/]8^&/CS3/MFC:[I\MEJ-MO*EXG7!
MPPY5AU##D$`CI7X/_LS^`OASX5^%$/Q`_:<\5?`_Q-+J#>.]/_X1_P`9ZU#;
M_9[N>TT*PM==DC_L_@V4FF7,$EU/CG4VD$GG23L_[L?!OPAK/P]^$/A7P#XC
MUIM2U#0_#=CI]_J+];J:&W2-Y3R>692WXUZ^%E3KX.#6J:7Y:I_J?(4X8C+*
MT8QDXSIM6:=FFMFFOO31S_[-?C+4M6\$2_#GQMXYTW7/&/@>==&\73V#3;FF
M5%>">031HV^:W:&5BH,?F/(J,X3->?\`_!0W]F/X]?M/^`-&\+?`+XQ:GX.O
MK6YOO[0O=/\`'^L:!F.6PGCAD#Z2R3321W7V=U1Y%B"^:624[4KO]6^'/C33
M?VG=)^+7@NUTT:/JOAF;2?')N+F1)V^SN9M.DB1?DD97FND8OR$DX/8^BUI0
MYU#EETT]5T?W;^=ST,W^K5,2L10:M52FTK>[)MJ<;)))<R;@OY'$^(=;_8:_
MX*+V7P#M_A!X(_:ZM#!!\4=5UI(=5\9>)FU9-`E</IVECQ&;I[R3[*QD,GG0
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M>%-3M/!6IVMEK,NGS)I-Y?VQF@@NC&PBDDC5E+HK[25#`D`C(SFN`_9O_:%'
MQ;TF?P;\0K&T\/\`Q'\/,]MXP\(&X`EAFCV!KNW1F+R64N]'BFY4K(H+%@:]
M$U[1-/\`$NAWOAS5X3)::A:26UU&#C=&ZE6&>W!-?CG\;]=_:G_9S_:(T/Q-
MXI\1!?&'PUU:UT2S\8:A=/Y4^ELC+!;WDIY,%Q'$9$D9#N:ZNTD<&!=O#FF/
MGETH5.5N+T?;_A^W?5/HU]CX?<'8;CBAB\#[6-.M!*<&_B;LTEOK!NT9:7@W
M"4;WE&7Z7?MO?M->(OV3?`?A[XMVG@K4M8\/V_BNWA\;2:;IPN&L]*>*57F_
MUBF,K*86#X924V-M\Q6KQ^?6OB;\2_C3XO\`&G[/_B7P_9?%+PM;?;M.E6!I
M=+^(/A"Z$D^G1S!'`6:%R;=9\EU>)B0$EVCD/"O_``5%U72/BOK'P=_::\!R
M7OA'7-7U.*ZO+NW6&]\/6GV=99M-NK2./%VMNLA4S1%O-MF6=3+AQ7&_LZ>-
M?V=?V"OC<WP]^*'Q!\9RMX9UW5&\+F'3!>:99>'+Z*%HKTW*G?\`9)0+(,HW
MHES$[`*)'>N"OCZ5>NFI^Y>SO[K@_7SW379K9NWV.5<'9AD^45*4\)?%JFYP
M<(NK'$4I--IQ7\C7LYQDD[583LITJ?-]W_`+]HCX=?M%>#(_%7@J[EMKJ.66
MWUCP]J:K%J.D7<+[)K:YAR3'(C\'JI!5E)5E)[NOE3]O[]BSQ=XWU&+]K/\`
M94UY_#7Q:\-0K(UW9W4L`UVSC'-K-Y9Q(P51M5U9)-BQ2#8<KD_L>_\`!5WP
M3\5/@_IFO_M%>'M1\*ZM#>PZ7KGB"/27;1&OI5#0XE1Y&MQ*C(1YP1-Q8*S!
M<UZ<<?["O[#$^Z[74OLR77T?=?B?GU?@W^ULG_MC(&ZM-2Y:E'>K1E*_*K+^
M)!I>[4BDW9IQ33/L&BBBO3/@0HHHH`****`/`O@Y^U#K.@?$R7X&_M!^(=+F
M;5;F>X^&OQ!M+B%=-\5V?G$"V#IB--0AR$>%<;PN]!CK[[7R7\</@39_`S4/
M%K>(/`=[XQ^`_CV6?4?&GABR@,]WX0U1F,TFKVB\R/;NX,CI'\\$BB6($92K
M_P`,_P!HKQM^RYX#AN_VB?&4OC[X8R(MQX;^.&D2"ZQ:2.BQ0ZE!$&D#+N;-
MTAD5Q]\1D'/ET<5.A)TZ^RZ]O7O'M+Y2LUK^B9IPYALXHPQN46<IV2@E;G=M
M5"/V:J>DZ&[NIT.:E*T/H_Q;X@TS2K6/1I?%VGZ3J>L&2TT)KZ>-6FNO+9E6
M-'(\U@%+[!DX4\8!KXR_;'^`=[_P4/\`^"8VB>._%OAQ;KXF>$=.&IV-U;7V
MK0G3=8MF-GJ\UM!I5S!)+=B%+]+>/+A9G0`,,AOI']J+X,Z3^UC^S=JG@SPU
MK\4=SJ5C'J/A'7K6X(%M>H!+:W,<B'(4G`+*>4=O6O-O^"7'Q"\5^,/A3XS\
M-_$.4Q^(_#OQ!N[?7+":0>;;WLUM;7-]E`2%0ZC+J`5E^1]C,N<FM95YQS"-
M-_#).SZ-Z/\`!+\?(\S#Y1A:_!>(QE.2]M2JPYXM6E&+YHII[M3E))K[+IW^
MTK?*O_!M-^V1X>\8_"KQ=^PUJ?Q)\8>+-9^'6L7%]IOB+Q99%'NK*XF)>$%?
M,2%EFWRBW>XFF5;@@[!$43]`/VJ_V:_`_P"UM\#-;^!OCZ26&UU6$-;7L&2]
MG<IS%.!D;MK8)4D!AD9&<CX+_:G\)>%_^":O[3?C']J_]E3]BS1M,UK5]6N_
M$7Q;^/WQ:DU+4].DL;E6FDT[2WCNB]E<2W4T-NBH@B&53RY!_J_TK\->)-#\
M8:!9^*?#6I1WFGZA;K/:7,6<2(PR#@X(]P0"#P0"*ZZD*=:FX35T]&CYC`8_
M%9;C:>+PDW"K3DI1DMXRB[IKT:/RM_X(I?&/XF_`7]H75?V./$,0O](UKQ9J
MUA="/KI>IV%HTAG(SPL\=NZ9Y)-NOID_K!7YCZ5\/['X&?\`!PA;V^IHUG8>
M-8;K7-':*`*D\]QI=TCE\L!@S"Z&Y027`&!N<U^G%>)PZJE+"5*$W_#G**]%
M;_.Y^N^.%7!9AQ)@LWP\$OKN%HUY65DYR<U+RNN51=NL==;LY7XU_P#)-K__
M`*[6O_I3%755SOQ7TK4-:\"7FFZ5:///)+;E(D')"SQL?R`)_"NBKVTG[5OR
M7ZGXHD_:M^2_4****T-`HHHH`****`"OE_\`X*._!KXM?$_5/A]KGPX^!E[\
M0-/TIM=L_$VAZ;KUC83FUO\`37M`RO>S1(>7.0&R!SBOJ"OE;]O_`,;>)],_
M:,^`7PWC^)GBOP]X7\1ZAXKN/%T?@^_FMKN]@L-!GO(D#0`RMMDC#!$Y8\8.
M<4`>":%^S-\8?#:R+I7_``2V\<9F8O.]W\1_"US)),61C,7FU!G$A*#<P(W\
M;MVU-MGPO^SY\;/!MG<Z9X>_X):>-+:SNM*NM.>UA^(7A6,+;3B,/&'34`Y`
M\I=H+$)@!0`JA:GPR_X*!_\`!-[XN6WAF_\`!7[87QSEM?$M_IMH;ZX^)$\5
MMI$FH7=S:V*WT[7(CMI9Y+2Y*6Y8W&V&0F(;'"[GCS]K[]@WX>^(O%&B:K^U
M!^T1>VOA&18]6UW1/%&JWM@S&YBM"(I86;S,7,\%OD##2S*BECD!W%8P]$_9
MF^-WAWPSI'A/1O\`@FE\3K>UT..[33A#\7_#Z%#=2,]PS!=4"NT@=HR6!_=L
M5&!5&^_9/^.]Q8W4<7_!.?XI/<S64L$$M[\7]`EAB,H82L;<:JL;^8I1)`1\
M\<$2'"H,;W[0_P"V]_P3S_9@U;6])^*?[6GQ_C'A];:/4;W3_&6HSVR7<R02
M+9>:)-HN%2YA9U8@('(+95@OTM\+OV>/AU\8?AGX=^+?@G]HWXSS:-XIT*SU
M?2)9OB5?H[VMS"DT3,N_Y24=21VHNPLCY$U?]D7X\^)M1\/3^*_^";WCV^M?
M#G@:/PQ;V?\`PG_A.-;FW7;\TI74/F`V*5C4*@;+$,<;?:XO&?[;442Q+_P3
M:\9850!CQ_X6'`]AJ(`_#BO;?^&,M!_Z.&^,?_ASK_\`^*H_X8RT'_HX;XQ_
M^'.O_P#XJB["R/GCQCX<_;4^,^L>"O"FH?L*>(_#5C9?$_PKK.J:[JGCCP]-
M#9V=AK5G>SN8[>^DE<^5`^%122<#%?=5?'/[:OPX\4?LR>$_AW\1_AA^T5\4
M?MUW\?/A]H=];ZOXZNKRVNM/U#Q1IUE=P212DJRR6\\B'N-V00:^QJ3=P2L%
M%%%`SYK_`&5O^4@7[5'_`&%O!W_I@CKZ4KYK_96_Y2!?M4?]A;P=_P"F".OI
M2@`HHHH`****`"BBB@`HHHH`****`."^.O[-7P@_:'\/SZ/\1O!]E<W+VI@M
M=6^S+]JM1DLNR3&<!B3MSCD^M?FI\=/#O[0O[)_CH^#_`(G?#";6]%6%#::]
MH#F1I$P1G:^T/RI_N,,<CU_6BF7%O!=0/:W4*212(4DCD4%64C!!!Z@CM6]#
M$UL-*]-V.;$X3#XN/+55S\@O"G[3?PEU2\BTE-4U*PU6\=H8[;4=*EMQ#]T@
MM*1M!8Y``/;DC(!]"MO$.HVUP)]L#[3GRWMUV9]<`#!/<CDU]P?&/]AK]F[X
MRZ'J%AJGPVTO3K^]@5(]6TZPC26`J000N-A!QAAC)!.""0P^$_BK^R)^U)^Q
M]->M8^&;KQ[X,B/VA-1LYF,]C%W7!!^50!\K;0"3AL&O8PV;1G*U=6\SP<9D
M<H1YL,V_)_IL6'UG4&M([))O+6-"A:,;6=<\!B.6`Z`'H*LVFO736K6MQ=HL
MF#Y=Q-`'(!!##."PR#UY/`'`KS?PS\??A[XBU9/#UU->:1J,A`CL=:LV@9R>
MRMRA/;`;-=K7L0E2JQO!IKR/`J4ZU"7+--/S-*RL-*LY4N=8O(Y(FB+B"(/O
M8=!_"`,]>2.!Z$99'?6>EC=I=Q</,!\LK'8@)!!8*.<],'/:F3Q?:-)BOVW*
MT;B#YEXD`!((/J!@$=LK]*IU:5]S-NQ>:2VU2SFN;E)!=6\(8S^9D2_.H^8$
M9SANN>=HX[T:9?Z_X0UJTUO3Y+BQO;:19[64!D92&X8=.,@_D:IPS36\@E@F
M9&'1D8@_I4L5VIA-O=H\B;MR;9,%3WP2#P>_T%%M+=`3UOU.W^(7QW^*WQEM
MC!XC\7W#@G$NE6\IAMY%&"K",'#/G/')/&!UKD;G16(9--AGEEMR$NHPF[:2
M/O#'09RN#T..3G`2U-A!;/J0L&8QNJQ+/-E68\\A0IX`)Z]<53GN)KBXDNI'
M.^5F9SGJ2<FHA",%RP5D74J3JOFF[LU+2/2T2.WU*:-KJ'_4)G$8YW;96.1W
M/0>Q([>5_M#?&CQ=\++W2=,\*_"K^U[[57GWQ1W3Q>2(Q'G*;&/\?J![5WM6
M/@3X:^''@#]IW3/CUXK%^Z1$"^M;?8Z,0,"3:PXYP6QRVWL>:QQ2KQHMT?B.
MC!/#2Q$57^$\73Q-^WEK5G%J?AS]G:PCAF0/$US;7$VY3R#PZ9!%=_\``C_@
MG-^V5^U3XVM_&7Q_3^QO#9O;>XNM,GD>"VD5&.3%$V\LQ!;G!!.-Q'6OU?\`
M#?B70?&&AV_B7PQJD5[87:%K>Y@;*N`2#^1!!'4$$5>KY>KB\543C.3/LZ."
MP=%J5."]=SC?AU^S[\&?A59:9;^"OAOHUK<:3;"&TU0:9#]KQLV,QF"ABS`G
M<<\[B.G%=E117,=@4444`%?+GP!_Y2Z?M*_]DC^%_P#Z4^+:^HZ^7/@#_P`I
M=/VE?^R1_"__`-*?%M`'U'13)8I))(G2Y>,1ON=$"XD&TC:V03C)#<8.5'.,
M@OH`****`/+OVW_$GP\\%_L8_%KQO\6M`BU3POH?PUUS4_$.G3:)#J2W%G;V
M$TTJ?9)Y(XKDE$.(I)$5SA2Z`[A^/?Q(N_\`@GS-X:L_$GCCXS_'OQOXC\+>
M!_#EVFF>&]`L9H-)TV_L+G9X4N+2?47$EZL%_<&2!KAT1K^,*TIBD"_MO\1/
MAMX1^+OP^\2?"?XGZ/%K/AKQ7I%UI.M:1.&1+FPN;<P3V[%"&VNC2`D$$!^"
M,`UY;'_P39_8:A74DA_9PT)!K&O2ZUJ>QYQ]IOY)VG>=L2?>\QR0.@&U0`JJ
MH`/@/]GKX:_\$[/V@/BW\*_V;?AMIGCCQ]X/\/>.]=\4VD.LQZ;'I`T[5-+G
MM8-.E#WBW4L%JL,,'DB$L!%Y<RXRC>UZA_P00\&WEZFH2?M<>-[V>_,5[XEN
M=8M(9I;[6&G>:\U2$Q-$()[AF3<&$H`B3[V!CZS^'_['7[.OPG\=W?Q(^%W@
M*;PYJFHZC<7VJ?V'KU]:6VH7$T]Q/(]S;13K!<_O;JXD59494:9R@7->G4DK
M-B2LV?EE^Q9_P2M\3MXJ_:)\,>#?V@=:\,6^J7^M_#[5[B\\*6MXM[H]U=2W
M;/"6V>7=*MR^UV:2-4NQF(MM>OU&TO3;/1M,M]'TZ-DM[2!(8$:1G*HJA5!9
MB2W`')))[FOBCX,_M#_$;X,?&3XZ^*K;]G+4/&7AL?%&Z77-6\'M'+K%@(T2
M*,-9E`US`$1G!67*-YGR?/D_6?PY^.?PA^+/@6V^)7P_^(>DZCHMS,L"WL5Z
M@6.<[1]GD!.8Y@64&-L."0",FO%R/$TJF"4.;WDY[Z:<\M>E_D?49]DV84)+
M&>S_`'4U%)Q:DD^1>[*S;A)[J,[-K5*QU=5+[7M#TS4;+2-2UFTM[O4I'CTZ
MUGN522Z=$:1UC4G+E45F(7.%4D\"K=>9?M5_!+6/C/\`#B&7P)K']E>,_"^H
MQZWX(U<#_CWU&$-MB?D9AF1G@D7."DK9!P*]>K*<*;E!7:Z=_P#@]O,\7+J&
M%Q.-A2Q%3V<).SE:ZC?9OKRIVYK7?+>R;LCTVBJ?AZ\U?4=`L=0U_1AIU_/9
MQ27NGK<B86LS("\7F*`)-K$KN``.,]Z\S^/OQ4^-GA#XK?#[X9_"/P[H%Q%X
MS.K0WVJ:PTDITV:VMDN89&@BD1VMG5)XGF!.R:2T0C]_D6G=7.247"3B^GS_
M`!6C^1Z!\0?`'A#XI^"=4^'7C[0K?4]&UBS>VU"QN8PR21L/?H0<$'J"`1@@
M5X3#XC^/_P"Q2;;0/&&EZK\2_A9'.L5KXHLT>X\0>&;;(+-J$2C_`$ZVB3<1
M-"/.58\,CD@UXA??\%7_`-K`^'=`L;?]B77[#Q5-INOSZOIFI>%M2,%[/:6U
MM=6,-@Z@-NFBNE+B95",KJ&(&X^J?#7]M;]J+QKXR^,O@O5OV88].;X/^%-/
MNX[VX:]C/BK4I])FN7AL8G@"^2MU"8PPED8QR1DJK-M'-B:<>5U4^5Q6ZUTW
MLUU7E]UF>UE.:3PZ^IU::JT9O6$G;WGIS0DM83_O+1V2G&4?=/?/AI\>O@C\
M9;1+SX3?%SPWXC5T+;=&UF&X=,!20Z(Q9&`9<JP!7(R!7S1_P5T^$GPR@^%<
M7[2?B_PO<7D.D"'1/%T>F0H+F[T:ZN8PK([#"S6USY5Q"S_(&WHWRRM7SI^S
MC\!?C-_P4U\`)^TIXO\`V-_#OP#^(]AXCN%U*Z_M.Z2&_(4A7^RPH0SYP7G2
M>*3.003M9>WT[0/'WB;P+XF_9E_;6_;2\<_#:]O;=[>YM?$6FQMHES!AL-;:
MS=22FZB96`*33Q2/DJT;%=U?.ULSJX[".G*C=2ORR37+=;7YFEOV<D^C:/U3
MAS(<IR?/,/F66XV=Z4HNM1<)>UC3;M/E=)3E)<MWS>S@X/E<E"5D?&=MXM^,
M/PY^-.F?M*^#]/;Q?-\+H=/M];\2YE==:TQIIK>SG=2IQ;SVC16><YV[%(5R
MU?7'[7_Q,^`/QM\+>'_VX_A#K%FDVM^$IO"GBJUTW6;:#5-`F>-MC26DJYO(
MT2:XMYX-I>2&6%X^$!KY#\-7_B?]C;]IBU\!?$O78];\#RWUO8^(X]#U)Y](
MUO1)+C=(T;6S@2Q,#+(D9(*SL^Y2P=6^OK/P)\(/V9_B+,GPN\":I?Z)X<O+
M74H]=\.^#8O$$6J^"-75KI!.DLZ.3;SQ3QI>Q[BL+("LK<5\]@7B94JE-62;
M5T]7&7\R_P"W4TVWK;>]C]\XU6%IYA@L;3AS3C3?LIPNJ=:A*RG1J+I)591=
M.,4XQ4TN1QC(],_X)B?M^^'_`!%\%V^`/Q(U;6/$'CSP+/<6,=MH>FSZM<:C
MI<+JL%V9;=&C*J'6'S68!MB-N)DY]UN?V*_AE8?%L^,O"?AW2+3PSKOAJ[T7
MQWX+EL`]AJ\;W#74$XA^XLL<\MQDD<I.0,;5K\I_V=OB?XH_X)R_MP:IKACN
M;K0M!\1W?AGQ?]GT[;%=Z7)+_HUVNUF)5V19@RCY?E`#!]E?K!^QE^V7X`_;
M.\`ZCXM\(62Z?>Z+J?V+5M+.IP76PF-9(YXWB.7@=6(5V5"7BE7:#&:^CR/&
M1QE)4,4TZD=$K:V76]W>^SVO9Z/4_%_%7A3,^%,TJYUD2DL#B8QG.<7[BE4O
MIR67+:3YZ?Q<G/!J2?*9?[$G[+GCO]DJ'QE\-=0^(=UKW@R76XKKP!#>7\DT
MFEV318>S*R`M'Y;`*-KLCJ%<+&S.M>ZT45]+0HT\/25.&RV_K\C\-S;-<9G>
M83QN*:=2=N9I)7:23DTM+RM>3ZR;?4****U/-"BBB@!'1)$,<BAE8892,@BO
M'?"_[&_A7X9?%,^.?@YXQU'P[X>U"*:'Q'\-PHN/#U]')DL\-HQ"V<I8Y+Q?
M*1D%"&;/L=%9U*-.JTY+5;?U^?<[\'F>/P%.I3H3:C45I+1J2Z73NKJ]XNUX
MO6+3U/DW]H/P%\4?V`O".L?M#_LB0K?>"]-NAJOC7X2W6?LXM`3]HFTN0(QL
MB-S32)S$`'<`8V-P_P`//C3X7;6?VC/CS^S;XE5=7^(?P2LO'?@^SM[)9[B'
M4+*TU&RN5\MD*O+#=16N^(AU+S@C<)"!]S7EG::A:2V%_:QSP3QM'-#,@9)$
M88*L#P002"#UK\8?VF_AUXT_X)U?M?>)X_@AXU_X1I8O#MS)X9%G:.L]WH^H
M*\4I1G=4>:S8QE-OWA9([,K(^?G,V<\ME"K#^'?;^5M-7CY--Z:*Z5MS]P\-
M8X3CJCB<NQ+2QW*FIR5U7IQJ4I^SK63O*-2G#]XU*3A.:E>,4X_I9_P44^`N
MH_'+]F?6SX&^%_PZ\3>-_#]NU]X,_P"%G>&IM5TZQGX2XF2"W@N)C<?93.L)
MCAF82F/]U(,HWQ+_`,$5?VV-!_9@\.>(_P#@GS^T7INM>$Y_AYX.?Q=ILGCO
MQA#>:Q+!E1J<;V>U;FTC-V9+FVCN5CGDANU'E)LY_2KX/?%OP1\=/AOI/Q3^
M'FJ"ZTO5[-)X@Q7S;=BH+03*I/ES(24="<JRD'I7XM_M\_\`!/?X_P#[(7_!
M1;PQHO['7P&/Q!\`_$O7)_%L_@#P_!:V&HZG<6]W+->VFHZJUK,8;*-M1<)+
M*5WQ745N1,+4$?0U*K]@YT]6UIV;>WR/Q7!8"*S>.%QRE",96J:>]&,=:EE_
M,DG9=]#VS]MKX6_$7X-?$+X*_P#!2_XFZO)%KFN_$BWO_$UE*6>WT*RD,$MC
MIV[CB*UAFCD8`;G:0@XP:_5ZOG/_`(*F?!>_^._[`GCC05TN$ZUI.DIKM@L,
MC2>1<6;">01'"ER8EFC4[03YGW0<"MS_`()S_M'0_M2_L@>$/BBVE26=VEB-
M,U.*2=9-UU:XADD!4Y"N5W@,`P#=QACY."I0P6:5:-_CC&:\VO=D_79OU/TC
MBO,,3Q;X>X#-912>$JU<-)*R483Y:M"*6_+%>UA'>R@D^[]PHHHKW#\B"BBB
M@`KGOBE\6/AQ\%/!EQ\0OBMXPL]#T:UEBBEOKV0A3)(ZQQQJ`"SN[LJJB@LQ
M(`!-4?CA\;O`7[/WP\O/B)X_U$I#"!%IVFV^'O-6O'X@L;.+(:XNIGVQQPKE
MG=@`*X;X3_!CXN>.?'5M\?OVK-9@_M6S?SO!WPZT>Z\S2O"1*2QF9Y0JG4-0
M:*4H]PX\J(;DMT0-)+,`/\#_`!'_`&ROB5I!\8VGP/\`"/A'2[V:1]$TSQ9X
MBNSJS6GF.L,MW!#:[+262-8Y3!YDC1^;Y;E7C85L_:_VQ_\`H`_#/_P;:A_\
MCUZ910!YG]K_`&Q_^@#\,_\`P;:A_P#(]?+'[='C;X@>`/VL_P!G_P`?_M-V
MOAZT\*:#9?$+4=5E\'ZG>_:Q:P^$[R2<J["$QL(E8JR.&#8P5/(^\Z^-?^"F
M/C'PA\._VG?V>_B!\0M$?4M`T*T^(>H:YIT<`E:ZLX?"-Y)-$$/#EHU9=IX.
M<4`?-_PW^"?_``2UNOV?K']I%O\`@G?XBT^^\,?'2U\,^+_#6H?%G4;R]DU&
MYU&TG6YU%_[0DBU]6EN;2?[/=M,K+,P;`WK4'P4_:1_X(0^,_B/J'CCQ5^SK
MXM^'7B1_$_A3Q=I/AN'3/$=Y87B3V\5SX?U.+3]%:>PM!.I1GM#&FZX@S-'(
MT225U&A_M-?\$Z/AY^SIX?M/'GP"G\(6GB/]HRP\!W?A2X^+MY]BEU!9HKZ7
M5[FYEN(TN[6WBN#<OYJL"Z11$!C'M\U^!/[>/_!)7PIXUU5;'_@FOXLT?5M;
MLO">N6;>#K=]6%S:WNF-<Z$DH>:%;*58Y#:I:J#'`<+N6%`X`*?[1_QB_P""
M'OQG_:>USPK>_L2>(_$VN:U-I=GH$WA7Q#K7AV#6M?OKG2X[';9PSVD-E/+-
M>VB-?E1<#R9`XPF#]T>&_P!HKP3^R?\`L[_`?P9\"?V6M73P?XP\,VUIX5T2
M'Q+;&?1B=*DOH+63SYGFN`L<,AN+@%Q$JM,S2`-CXB\:?MA_\$I;S]J_7O`/
M@C_@FC+JWB'77T#PC9^,%UZ#3DU%[F]T.'3Q)Y4[3V*)//:N;LQAU-LI!9S*
ML7TGXVT7]F?P[X>^`GQ2TSX`Z?8:_P"*_#;1>"K/3_CAKFDWOA^TN=.2YGVR
M6L88:;%;VT'VJX^5(513Y;G:K@#O`7_!>?X&^.?&W@[X<K\'-?L=9\9Z>/[-
MM;G4K;;+J3:M-ID-A"X.V9Y)8?,#94B*1'9%7<5V_A%_P6A^'GQ)_:2\-_LR
MZ[\$M6T/5M8\;77A35=1_MRUNK72M26UU&YLU)CPTR70TF^171<(\!#X#*3X
M%I7QC_82^'OC?X7>.O$/[!<GABXU?3WUCP-KTOB[Q`T%]=S:UJMBM[;W8L_L
M%Q.8W747N[NXANTM]6B=5=MH;1_93_:4_P""=W[2_P`=?AAJ'P2_9;DO-1\;
M^.?$^F:=XOU#X@ZG/?VY_L*[FEU.\FQ*LMU<Z7YD:1S7!O(A*4`5(WD0`]>_
M;8^.?B'XT?"+2=,\1_"Z;PO<>#?VQ_A9H<L,VM6UZ;EQXIT&Z$@:W)5/W=U%
ME,DJQ*GE2!]Q5^>'Q^\->&O!WP5'A'P?\*K3PM8Z5^W#\-89AIOC^_UVTU*\
ME\7:'>W-U%]KC06I,MV4EBC&!<1S@Y*AF_0^@`HHHH`^:_V5O^4@7[5'_86\
M'?\`I@CKZ4KYK_96_P"4@7[5'_86\'?^F".OI2@`HHHH`****`"BBB@`HHHH
M`****`"BBB@`HHHH`\5_:-_8&_9T_:/\.76F:_X(LM,U&<`Q:OIMHB2(P&,L
M@PKCUS@G`Y&*^/KS_@B'\;/AQ?2ZO\#?C_:11VTIE@TRXEGBBNPIW!'B&4!;
M&,%L#<1N[U^E=%5&<H.\79DSA"I'EDKH_(OXK>-_BE\"?$C:#\>?@=JN@65L
MK11ZG:E[F.1PQR0/+`92=V'1G4\8R.:I>#/VB/@[X\G-GHGC2".Y`!-KJ$;V
MLA]E$H7>?7;FOUL\8^"/"'Q"T-_#7C?PY::I82,&:VO80Z[AT89Z$9/(YY->
M!_%?_@E%^QO\6&5KOP9?:/C.\:->@"0DYR?.23'T7`]J].EF^)AI*S/'K9%@
MZFL+Q?WK\?\`,^&_'OQJ^&'PUTXZCXM\86D.>([:&3S9I3Z+&F6/4<XP,\D5
MYBGQ"_:*_:=U&*V_9C^&VN);6$XD^T+;2R7%T-K!E:&(,-F,D<L1MW<$<??_
M`(?_`."'7[%'AW4TU2UD\5RNCA@EQJ5LRG!S@C[,*^H/A?\`"'X<_!GPZOA;
MX;>%K;2[3"^8L"_-*RJ%#.QY8X'ZGU-+$9K7K*T?=7X_>/"Y)A:#YI^\_/;[
MC\JK.W_:[^'6@7FM_';]G[5+72#<H\-U:Z1<V[6YVL-A\\!9-Q((&Y2,'[W;
M?\.^)-$\5Z7'K.@:@EQ!)_$AY4]U8=58=P>17ZK7EG::A:2V%_:QSP3QM'-#
M,@9)$88*L#P002"#UKX?_:J_X)M^*_"GB.Y^+/['UEEKU_.USPE-<((IB#DF
M'?C&1D`9+@DXR"%&F$S6I3ERUM5WZHRQV24JL.:@K2[='_D?,/QX^*]Q\)O!
MJ:GI&G)>:K?W:VFEVDA.'D8$EF`Y*J`2<>P[UJ>%?V1/^"I/Q0\+6?BW0_#N
ME6-K>QB2%6MH+9RI'!VW,X?!'(.,$8()%7/A1X(\`?';]J7X>^'/&MM>VTEK
MJ5W;ZC8%%\^V?:A\MXWX`9U4%\'CH#RM?K%2S#'5O;VIR]VRV'E>74%AE*K"
M\KN]UM9V/%?V"OA9\=_@_P#`.U\'?'_7(KK58KN5K>VC=9&M8BQ.UG0E3EBS
M!5)"J1SDE5]JHHKR6VW=GN))*R"BBBD,****`"OESX`_\I=/VE?^R1_"_P#]
M*?%M?4=?+GP!_P"4NG[2O_9(_A?_`.E/BV@#ZCHHHH`****`"BBB@`HHHH`^
M5OV9+]?A;_P41^-GP.<D6WB:&T\6Z:TG5G94%Q@G)^_<`8STB)4`9KTO]I7]
MB#X"?M1^";GP9XXT&YT[SYY[E;WP_>/9M]IE:%I)Y8T/E73L;>+/GI)]SC!Y
MKR?]NB'Q-^S3^T)X,_;Y\.:-+J>BZ;9_\(]X\L8@2T-C-(=EPN.`=SXR<#>D
M*_QG'U=I.J66N:5;:UILPDMKRW2>WD'\2.H93^((KY[+*=)_6,!6C?DFVDU]
MB;<HM>5[KR<3ZJMF68Y=B,-FV`JRIS<8^]%M-3II1E>W6UFULU+JFSX[7PY^
MU[_P3C^$TU_X0TG5_C;9RZK']LB_M.Z"Z+ID&`ODV;M<3))*LCF1X&>*,01E
M;;[[/ZI^QO\`M[>!OVP9]0T'1_`6NZ%K.DV,5W?PW5N9K/RY&VKLNE4*&)S^
MZE6*;Y6/EX1L>\56MM'TBRU"YU:STNVBNKW9]LN8H%62?8-J;V`RVT<#.<#I
M7I4L'5P]6/LJEJ:^RU?[GO\`?<Z,PXFR[.LOJO,,&I8V3NJ\).%]5I.DDZ;T
M5ERJ'3=W;LT5X]\0OVF_$]YK^L?"O]G+X2:OXK\6Z==BQEU#4[">Q\/Z?<&,
M2%KB_=-LHC4J6BMQ)(694^3=N7U#PC%XI@\*:9#XXNK*?6TTZ!=8GTV)DMI+
MH1KYK1*Y++&7W%0Q)`QDYKJA6A4DU'6W7IZ7[_D?.XK*\7@</"K72CS[1;7/
M:UU)QW46FK-VYOLW5S1HHHK4\\*_-'_@X;\,_'OP'\.O#W[6(N8/B%\*O`NN
MV5SKGP7GO;G1GN+^7S;&WO8]1L+F&:55DO(Y6MY`1FV!$L:-*K_I=537-!T/
MQ/I%QX?\2Z-::C87<9CNK&^MUFAF0]5='!5A[$4`FT[H_,CQ#\,OV7_^"L/[
M*.H_$?\`9<3P5_PNWX<6UM;^,O\`A`=&^R:5K&KI:QM>V]LSKF\LS/\`:(K>
MY5G1W@P))%`>I_\`@DI^W#IOP_.K_L7_`+6VHVV@#38)[;1=5\4ZHT<UH$.R
M;2IY93MB0'>T/S*HPR?>:,-Y+X(^&/C?_@DE_P`%5O!W@3P!IGQ5UF/XL^(]
M0T[1=(TVWMO$%W\2+0K!=:C?ZK?75QI]KIK61:*>$6]M)Y*?;4>0+<LX];_X
M*B_#3Q%^SI^W?X;_`&H/#?@"X\3>&_B/I<VC^,/#=G#-,^I;;807EN$CR5:6
MQ5"CJ!MDA+G[IS\SFN%^H8B.88?35*:MHT]+M+SM_2/W_P`.N('QGDN(X*SI
MNHG"=7#3<K3A5@N;DC*6EG%2:YM$[QVEIT?[<'[/W@G]D7X^^$OC2OAF;5_A
MSXJ\,1^"_'UIJTK79EMXS&%,DDH+&801PRP,6X?2D48+**\^G^"OQ8_X)B?M
M&WFM?L^ZI?ZMJNGZ=]KO?#VI6DTMMXY\,&=?-EB*`E=2LN//6,.6C"W(4*9H
MW^K?V:OB!X5\6>%Q^R1XS\6W'BCPIXQ\.3WGPB\7W47F?VKH2Q(K64SE1C4+
M)CM<.!)A49@KJU<]\&==\2_ML?L=V_P^T+Q/;:5\9?@?XI@MGDNHY(H8-=TM
MWAAEGCVAC!<PB177;P9)5`_=UA4P="K5YZ.DG>4;;IJW,D^M[J2Z/7[+=_7P
M7$^<Y?@%A<RC[2A3Y:->4[\E6E4E)4*DXN+<?9N,Z-7[<7RK2K3AR^W_`+'7
M[:7P>_;4^'/_``FWPTO9+>_LMD?B#P]>\7.F3LH8*3TEC8'*3)E''HRNB^NU
M^1/Q`_:*\"_"?]L*R_:$_8ZTN_TWQ;8V^JWOQB^'&L/)'!;W1(EU*WBDY\U"
M8I)Y0FY$-M'/&CF-T3])_P!E3]KKX,?MA_#W_A/?A#K_`)K6Q2/6-)N"!=:=
M,R[@DB@D%3SMD4LC;6`8E6"^IEF9PQ3=&I).I'MM+S7ZKH^Q^=<?^'V)X?C#
M-<%0J1P=5)VFKRHR;:Y)M;Q=KTZFTXM6<GJ_3Z***]D_+@HHHH`***YKXA?!
M[X8_%=K-OB-X,L]7.GB061NU)\GS-N_&".NQ,_[HJ9N:C[BN_-V_1_D3-S4?
M<5WYNWXV?Y'2U\F?\%;_`-D?3_CS\!G^,7AS2VE\7_#J&74=/2/=_P`3"PQ_
MIED^TABK0[V&.=RX'WC7JFG?L^?L::OXOU+P!IO@#PW-K>CV\$^IZ4A/GVT4
MP8Q.R;LA6VM@]/E-:X_9!_9G!R/@WH__`'Z;_P"*KS\52K8W#2I2A%IZ?$]'
MW^'=/\3U^'\]S[A//:&98>"C4IM2LY27-%K6+]SX9P;3[QE='QM_P0__`&P/
MAUXB\+ZG\!_%NDVV@>*91!J-MJ\^HR*GBTMB!I@DIV_;$Q#%(REI)L*3GRSM
M^J]8DTS3?^"@F@RZGI<BW&I_"/4K?2-0;A&,.I6<EQ`.>6(D@?&#@)U'?\M?
MVI/V=OCE^S)\1]>N+#PY\1],T;P)XYFUSX73VUC+>Z/8Z?\`:999+J*8$K!.
MH%D2"NQ@K"0@B,5]8_LH_P#!23P%^U?J'PAU;XI^)]/T7XC>'?%<UKK5A9PN
MEKJUI?VMS80RVP;.2UW+8*Z9W(P<[0G(^?RS,73A'!8G2<&K-Z72E9_-:VZM
M:[G]&\=<#QQF)K<5Y$G4PV)IU%4C"3FZ<Y4G*#35VXS:BI+X:<FZ:]VUOJ+]
MOS6V\/?L0?%O4E1R3\.]7A!1]K(9;22(,#ZKOW>^,9'6N/\`^"2/A>X\'_\`
M!.KX8:/=7D,[/I-S=B2"/:H6XO;BX5<=RHE"D]R">]:W_!3N\OK'_@G_`/%B
M?3K4S2'PA/&4"%L(Y57;`]%+-GMC)X%6_P#@F_I^D:9^P9\);;1-4^V0MX&L
M)7FQ]V:2(/+'_P``D9T_X!7NO7/%Y4W^,E_D?DD9.'A%*/2>.C_Y)AY6UZ?&
M[=]>Q[91117JGYP%>>?M"?M(^"?V?=#M4U")]:\5:VS0>#?`FEW4(U7Q'=C'
M[FUCD=<A=P:24D1PQYDD95!-/^.?[0_AGX)2:/X<'AW5O$OBSQ.]Q'X3\&^'
MH4>^U5X4#RL#(R100Q[XQ)<3/'#&98PS@NH.;^SO\%O&WA'4]8^,WQR\0VNK
M?$3Q;;VT6LOIKM_9^CV<!D:WTNQ#*K&")YYW,KJ)9I)6=\`1QQ@&=\'OV;]6
MN?']O^TU^TA>?VS\1O*NDT?3TU-[G2?!EK.Q!L],C,<:F7R1''/?-&)[AA)@
MQ0NMO'['110`4444`%?/'[:_[-GQS^+_`,5/A+\8_@3_`,(/=WOPYU'6WU#0
M_'LUU'9:E;ZCIDE@R%K>&4\"0DJ5PPX-?0]?)_\`P42\9>/+7X\_`CX5:#\;
M/&7@GP]XHO\`Q3/XMN_`KQ+J%S!I^A37L2)YD$V2)(@=JH2V<#DB@"E\//V>
M?VT/A-X>'A/X:_LH_LG:)IWFVDK6NG7NJQJ\EK<M=6SMC3LLT-P[S1L<F.1B
MZX8YK(\$?L=?M+_#;[:?`G[$'['>EG4-4&HWK6@U%6EN@3ME)_LS.4W,$QP@
M.%"CBO#/AE^VW^Q+\7+;PS?^"O\`@J'^TI+:^);_`$VT-]<>)-$BMM(DU"[N
M;6Q6^G:T$=M+/):7)2W+&XVPR$Q#8X7<\>?M+?LJ?#WQ%XHT35?^"D/[55[:
M^$9%CU;7=$DLKVP9C<Q6A$4L.FMYF+F>"WR!AI9E12QR``>L^*/V0?VH_&LV
MI7'BS]C+]D;4)-6TF/3+U[J[U5B;2-8$2)/^)=^Z`6UM`"FT_P"AVW/[B+92
MU;]AKXXZ_9VUAX@_X)Z?L1ZA#96Y@M([_2+J<11$("B[]).`1''D=]BYZ"N%
M\>?&K]F_X>_$35_AEJ?_``48_:HOM0T*P>YU.71I[&[@B:.R6^N+<O'II_?0
M6C">5>B(&R<HP'N_PL_91_X7'\,?#GQ>\#_\%#?VC)=%\5:#9ZQH\EUXATZ"
M5[6YA2:(O&^F!HV*.N58`@\$9%`'"Z%^Q+^T1X6\<Z#\2O"G[#7['FDZYX63
M;X:U'2GU.V?2OFE8FV$6FJ(2QFDW,@!;><DC%;'B+]FG]L7Q=XY3XE>*/V3O
MV4-0UQ+>^@_M"[U'5Y&=+V'R+L.#IVUS-#F*0L"70E"2I(KT#_A@KQ3_`-)!
MOVA?_"JTO_Y6T?\`#!7BG_I(-^T+_P"%5I?_`,K:`/./B5^RW^WC\:M/\)?#
M[Q'X+^`7A#PSI?QG\-^/-?E\':EJANKJ73O$%KK-TR1-91QO/<20/ND=@6>4
MLQ))-?9=?$?[6_PA^+O[)^A?#KXH^!OVX_C/K$]W\>/`&@ZCI7B;7=/N+*\T
M_4O$VGV-W#(D=C&Q#P3R+D,"-V:^W*`"BBB@#YK_`&5O^4@7[5'_`&%O!W_I
M@CKZ4KYK_96_Y2!?M4?]A;P=_P"F".OI2@`HHHH`****`"BBB@`HHHH`****
M`"BBB@`HHHH`****`"BBB@`HHHH`****`//#^S%\+HOCO;?M$:=:3V>OP0R)
M,EJ(A#=,Z2(TD@,9<OMDZJZ_<7CKGT.BB@`HHHH`****`"BBB@`KY<^`/_*7
M3]I7_LD?PO\`_2GQ;7U'7RY\`?\`E+I^TK_V2/X7_P#I3XMH`^HZ***`"BBB
M@`HHHH`****`,GQWX-T7XB>"M6\!^([99;#6-.FL[M&0-\DB%2<'C(SD>X%>
M7?L(>%?CI\//@-!\,?COIZK=>&M1N-.T&_-PKR7VF1MBWD=0Q\O`RBJ>?+1,
M\Y)]GHKFEA:<L7'$7:E%./DT[/7T:T[:]SICBJD<)+#V3BVI>::NM/5/7OIV
M"O$/BS^S7\4OVD_&]SI/QG^*#Z1\-K&X5M.\(>"KV6"?7ONDG5;EE#&+AQ]F
MAPIW!FD8J!7M]%:5:,*\>6>W;OZ^7E]YOEN9XK*:[KX:RJ6LI63<?.-_AEVD
MM5O%IZD5C8V6F64.FZ;9Q6]O;Q+%;V\$81(D48554<*````.`!4M%%:['`VV
M[L**X#XD?M'^`?A)\4?"OPP\?V>J:?\`\)D\D&B>(7M%.F->J1MLI)@VZ*=P
M<H'4(^"H?=A3W]1&I"<FD]5OY=3HKX/%8:E3JU8-1J*\7TDDW%M/K9II]FK,
M****LYCR+]M+X+_%#XN_`WQ#_P`,[>/9/!_Q.M?#>H6_@SQ;86%B]Y!)-&K-
M9+/=P3?9H;B6"V$KQ@./*1U(:-2/R?\`V&O'7[1?[6?PD^(W_!-W]J?Q#XO/
MQ<^&>JQ>+F\;^-_'=Q?7MCK\J`0Z9O,)@L+5E<1PPB[DE\S>XB&66#]O:^!?
M^"DO_!)?]A+QW\4!_P`%#/CAX#UBZT3P'IFI^(_B#X$\+V<UV/'=[%':&S$U
MKN:([5MID=(XXS<&=?.EV(V[*O1IXBC*E-735F>CE&:XW(\SHX_"2Y:E*2E%
M[JZ[KJGLUU6AXA^S]\3_`(FW?@_Q=HD:WVE^"TU:&]\1ZNI\B\^%OC``S?:?
ML\1\X:7-<Q-YFZ(*B;TW%HW$GTA^Q[\23?\`[8E]\1]5^'^F:1X@^)VB6NF>
M/--T^\\[^S]8L;:XN+:^MI(V:.XTZ_M(Y6292P$EJ4,A8G=\+?L+?M_:OIG[
M=7B?XK^,?"-S;WGC;5I;;XK_``H72;NR>PCU&X+6TT-K=I')?K'O@A>X>&+=
M-+(FU$NK>2;[2_:6_84C_9TURU^+WP9U#Q78>`+&*>VUC1?A_')_;N@6D\R7
M#/9.GSS6<=W&EV;9LF)PSQ_*TD;_`"F'I8O#*[NW2EJGVUM)>3BWWM=K:W+_
M`$AG68\-Y\^2FXTX8^C^[G&[YI\L?:4II23]K"K"FTFHJKRTY<RDZGMZW[77
M_!*^Q\"ZGIW[0?[)-CK<6JZ+?7-UK.F:7J#-J8@=R\3Z8&`21K<LX^QRL$GA
M)BWAU0GQ6Z_9V^*W[*?CRT_X*!?L&>/[/Q9X)5\>*-,AL#`^FJ0&O[>[L40?
M9[93\Q10'ME"MM_=!G_0?]AS]H;2/VF/V:O#GQ"M/%,>KZG!:_V;XCNE549]
M1M_W4TC1A5\OS"OG*NU?DE7@5S_QF_9I\9^"OB!J'[3G[)]S!9^*+M!)XR\%
MW;E=,\:0H!F-USM@O=@*1W."`7(<$,QKKK95A*T%B<,K)VDN7=.WQ16S_O1Z
M]'??YG*_$7B/+,75R+/:BG*GST9*LKPJQYM:5637-%7O[*KM!NTXN#O#MOV7
M/VF/`/[5?PHM?B9X&NH4D61K76]+2[6=]-O4QYD#.N`X&0R2``2(RN``V!Z-
M7Y[>`_!OB/\`9#NC^WY^QEI4^K_![QFB3_$/X7S6GD7?AJ%)G6XDMUCW#-G*
M;A6A5?W2I(@+(`\7Z`:/K&D>(=(M=?T#5+:^L+ZV2XLKVSG66&XA=0R2(ZDJ
MZLI!#`D$$$5ZN7XJI7I\M56FM^S3VDO)_@]#\WXSX?P648[V^72<L+4<E%/2
M=.<;<]&I%ZJ=-NU]5.-I1;N[6:***]`^,"BBB@#S3X[?LR^'?C1KNA_$'2O%
MVK>$O&?AAW.A>+O#_DFXCB<$/;31S(\5S`QPQCD4@,`5*Y;-!?!/[;>B:.UM
MI7[0WP\UF>""0V[:[\+[N*:Z?!,:RS6VK+&@S@%TM^`,[">OK5%<\L-2E-RU
M3>]FU^3M<]FCGV8TL/"@^2<(:14Z=.=E=OE4I1<E&[;LFE=MK5W/GI/VF/VK
M?`DUMIGQ^_8@U"\T^>66RGUKX:ZVFMB:8-M27[$T<<L5M*#D.[%DZ2*H^:OS
MS_X*1_LT>)]3O#\?_AE^R-XQ^&THCC_MOPZ=!M[G3MV6*W=M+8&1()1C]X)!
M'T4H7)`7]D:*\['91]?H.E4J-]FU&Z?JDG^7G<^YX/\`$S_4S-HX_`X"$6])
MQC4JJ,X]N6<ZB6^[4K63BHN]_P`5H?\`@L+\:/%W[+'B7]EGXZ^'8_%\VO:)
M<:-:>+C<"TU"`/'MC,\(#+>-D@%E,;%1N8NY.?NW_@BQ^T;X.^,?[%GA[P!!
MK^GCQ'X*233-5T6.1$GBA1\PS^7O+M&Z.H\S:JF02(`=FXX_[47_``1._9]^
M,FKWOCCX0ZBW@K6[MVGEM%B:?3IYRX<MY>Y7A#?,"(V"C((0;<'Y5_9Q_P""
M+G[4&E?&'Q7HGB'Q3<^!]3T'3EO/"'CK1;VX5'NGD(C,4T**7!$<BR+YD<D0
MD5C&VY17@4*?$&79A"52/M59Q3OTWWWOI]K[S]IS;&^"G'7!&)I8&NLNJ^TC
M7E%Q;M.WLW:FGRN+4M51V24N6]T_U^KR7]H']I'4_!'B*R^!WP*T'2_%OQ5U
MJ.*>P\+7>J-;PZ9IS2F.35]0DCCD:"SBVOCY0T\BK#'\[Y7R'X3_`+7/Q$\4
M>`]-_9,^%%I=:I\<-%AGTGQW<>++SSHO"TEOY:2ZM>R(N;A)3*DMK"H4W0.`
MR(DDB>]?`3]GGPC\!=&O'LM4O]?\3:XT4_C#QQK\BRZIXANHTV":XD555549
M$<$2I!`IV11QI\M?:4JD:U)374_E',L#5RS'U,+4U<&U?HUTDNZDK-/JFFC/
M_9__`&=;WX4:IK7Q(^)'Q-U/QUX]\3F+^V_$VJV\,$=K`BCR].T^WB4+9V$;
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MSW**691*X0.^W]K_`&Q_^@#\,_\`P;:A_P#(]>F44`>9_:_VQ_\`H`_#/_P;
M:A_\CU\X?M26GQRUS]O/]F+2?BOH7AEK6YO/'$5O;^%M:O(KB=V\,72E/.=(
MS!D'`D1MRGD8QFOMNOFO]N'X(?%GX@?'3X*?%OX??"B'QII'@?4/$:>+-`.M
MP64T]KJ.C36*^6TY5'^>3YAN!VY(R>*`/AVV\&_\$GO!7P*\"?'?4?\`@GSK
M=GJ_B#XW:EX<T?3M0^+NJ7-GKU_9WT]S/JFIZBUZ\.L:>US9G:UX+B-Y)%5E
M"-(RW?@'^TI_P0Z\>?%75?%WC;]F/Q-\-O$!\0^#O&&AZ)9P^(K_`$V_^TVL
M=SH6H1:?H_FV%GY@*,]JT2>9-`'E21HE<?5.K?`:QU_PAH/@/Q#_`,$O=8U'
M2O"TUG)X;MM1^*=E<'2_LJ3QP)`\EZ7BC6*YGB\M6"&.0QE2GRUG^`_V5_AS
M\,+J^O?`'_!'RTTJ74=1AOKR2U\8Z0"\T(98,9N?E2)79(XUPD2':BJH`H`^
M</VROBM_P1E\)?M;:#X!UG]D/Q#K.H_&7P5I[^(=8\.ZYJGAW2ETGQ!(MF)'
ML8[BWC^URVPD:=_)BN#"GEF1F+QK];_$'_@I5X0^!7Q5^+WP2UWX&W:6GP6^
M#]WXZN+_`$#7;"6W:QMT7[/I\L>]/[.NKE=YMHIL+(D$K!@$YS/&?P.TCXA>
M,_"?Q#\8_P#!*`WNM>!X+.#PQJ#>.-)1[.&T??:Q'9=`2QQ/\R)('56Y`SS2
M>,?@FOQ!MO$VF>,_^"9&N:AIWC/4FU'Q5HD_Q6L_[.U2\(B!N)K,7P@:7$,0
MW[-V(UYXH`YOX4_\%I=)^*5IX&U>+]F#Q!ING>.[";^RKV^U=$2?44\27GA_
M^SK<M$J7$XN8+:21`RO#%?PNZ*`QK0\`_P#!736?&WC33_`,G['OB:#4KSQ;
MK?AKRK77(+B.YU/3;(WDEI:3",13SO"DSK&[Q'9!))GRQOJ6P_9L\/:=/X5N
M8O\`@EKK,S>");Z?PG]M^*]I<#3+F]N)[F[NXA+?,!=337,SR7)S,Y8;G.Q-
MNOX#^$]_\-=?TCQ1X1_X)J^(8]0T/7+S6M.N[WXLVEVZZG=6K6<]\YN+Y_.N
M6M7:W$\FZ186,:LJ';0!S_[7WQOTK]IK]@+]G/\`:1T+0[C3+'X@_&3X*^);
M/3;N17EM(K_Q1HETD+LO#,JRA21P2#BOM2OC3XT?"/\`:"^*/PB^$_[-?PK_
M`&+6\"^%_`?Q1^'^IV[77C/39+72]$T'7-/O'ACCAE>1RMK9E$4#DA03WK[+
MH`****`/FO\`96_Y2!?M4?\`86\'?^F".OI2OFO]E;_E(%^U1_V%O!W_`*8(
MZ^E*`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`H
MHHH`****`"BBB@`HHHH`****`"OESX`_\I=/VE?^R1_"_P#]*?%M?4=?+GP!
M_P"4NG[2O_9(_A?_`.E/BV@#ZCHHHH`****`"BBB@`HHHH`****`"BBB@`HH
MHH`R?'7@7P=\3?"&H>`?B#X:L]8T75;9K?4=-OX!)%/&>S*??!!Z@@$8(!KD
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M(O"O]M6R1KK_`(4U#[-?6C)*D@*.0058H$>-@5DC9T8%7-?FI^Q+^U+XE_X)
MC_M#7/[('[0=EX8\/_#F]:QLM(M#XMMKS6O"*6MMHVF6MSXAE@M;73H9[I+N
MRN9YHYYF8W<.%X9WGECS<UM35UZ[H*BY/D3;4;NUVDF[;7:23>]DNQ]D7?AO
MPI^RA^W1X<N_`OA6+2_#?QMLKO3]>@L08+.VUZS1KFWNV7/EB2XB,D&U0"[H
MA&3N#?2M>4_MM?!GQC\>OV9O$OP\^&VI1V7B=HX+[PU?.%#07UK<1W$6QV_U
M3L8_+$G!3S,YXK9_9>\0_&+Q7^S_`.%=?_:!\.KI7C*?3!_;]BL839,K,NXJ
M.%9E"N5'`+$#@"N2@G0Q,J*B^5^\G;1=&O6_O?/R/I\WE'-LBP^9SJQ=:#]A
M4BY7J244Y4JMG]GD_=:;>R5]9H\H^,VA:3^R5\2+CXL6^EW%U\,/B5J8TSXG
MZ`;D&UTJ^O'\M=:1'8!4E+^5=*G+;HY`"5;/E?[%WQ/UC]B3]H[Q'^P+\6/%
M+7?@IM0BN?A?XDO[[,=G#<PR3Q6#O(0JHR1.L8!XFBD4`B:/'VYXAT#1_%>@
M7WA?Q#8)=:?J5G+:WUK)G;-#(A1T..<%21^->-?"[]D=M`^&GB+]EKXORZ;X
MU^$Z16T'@>PUEGEU"SLP&+V-PVU5,<#K%]FE1O,5/E.WRD9N6M@ZL<3"='2S
M;7;5:Q?]V6]];2Z:Z>]E7%&6U\@Q.$S2/.YQA&7\SY9)4ZT&]'6HIR@XMQ56
ME*SDG!N7N-%>*:IXO\:?LB:?HO@]OAUXG\8_#C2]!:.7Q;:WHU#5]*DC>5A'
M<VRHKW%NL`B1)DWRCRSY@<MYA[_X,_'/X2_M">";?XA?!OQU8:]I<ZKNELY?
MGMW*AO*FC.'AD`(S&X5AW%>A#$4YSY&[2[=?EW7FM#XO%Y-C</AOK<(N>';L
MJBUCN[*5F^23M?DE:5M;-69UE%%%;GDA1110`5P'[2<7QE@^&K>)_@%%%=>)
M]"OHM1M-'N9RD6KQ)N6:S?D`F2)W";C@2"-L@J"._HJ*D/:0<;VOVW.G!XGZ
MGBX5^52Y6GRR5XR76,EIHUH]4[/='S%\:?V[M+\-?#[P/^U7\,/&>F:M\/;4
M07'Q/\-VD<=QJUG8:@HAM;DA7)MFMKD,)8V&6Q(N5:,BJOCK]L#QU\<OVB+_
M`/8L_9<U[1()=1\(V6M7/Q7TK6[6[;PW8S,PG5+.56$VI;/):&-@\42WD$\Z
M,@6&?XV_X*7^$IY_C=XB^-7[$V@W=YX9L=7N])^-WB.QT]$T_2[V]@^R7T=O
M+*=ES--%,OG,J2PVT\*23,K-L/&_`GQY\.OV0_VM-*M?@V;N+X;:#>3^*O!E
MHR+=7\EM<P1QZU%.P`;SC:Q73M%)\ZW.G*G#EI'^;JYKB,%BG"OU<?NVYE?H
MUT6TE_>/WG+O#K)>+.'HXG)[OEI59*323YDU)49<K5ZM.4M:LDE.A-V2]DK_
M`*R?!W]F/X)?`F>35_A[X&MH=;N[=HM9\470\[5=79I/->6\NWS+<R-(2Y9R
M<'@84`#OJK:+K.E>(]&M/$.@ZA%=V-_:QW%E=0/N2:)U#(ZGN"I!!]#7COC;
M]J+Q#X\N]8^&O[&/AVP\9>*=+U1-,U+Q%J;R)X9T&Y`5YUN[J++7$T,3`_9+
M;=(9'BCD:W#/+%]-%12T/P&K*M*5JC=UIKTMTUVMVZ';_'3]H/X0?LV^")/'
MWQB\9V^E66\16<&UI;O4)R0$MK6WC!EN9V)`6*)68D]*\\M?A)\8/VH-3?Q1
M^T==:EX2\#SZ>8=.^$VC:X4FOXY4.^;6KJW".9"K^6;""5[9=K&26Y\P+%U?
MPD_9JT[P)XSD^,7Q%\>:KXZ\?W.E_P!GR^*=;CBB6RM69'DM+"U@58K*W:1%
M8JH:63RXO.FG,:,/3*9F9WA#PAX5^'_A73?`O@7PW8Z/HNCV,5EI.DZ9:I!;
M6=M$@2.&*-`%1%4!0H````%:-%%`!1110`5\^_M;>*/B]-^T7\$_@M\-_C?K
MO@?3O&5]X@_X2&]\.Z;I=Q<W"6FF^?"@.I6=TB`2<DJ@)'&:^@J^>/VE^?VZ
M_P!FL?\`3YXNZ?\`8&-`'C'A+]KWX5>.K/P=?^$O^"D/[25]'X[U9[+PZ8/@
MUHYWQJZQK?3?\4I_HUE(SJ([J79%+\VQFV/MO?&7]I[X:_`;Q=XI\#_$#_@I
M3^T2=1\&K;/KL>B?"+1=31$E2-V>-[3PK(LZPB>W\]HRPMS<P"4H95!RM%_9
MW_X)PZ1X>NOB%:>/O$::=XD^+<VE>([ZXOK&/3_$>N&9;L"3=$MF(UF@?RY[
M;RB'EN(UDW32JQ=:-_P28T[Q'XBTV7Q'J7A[3Q:VBG0-.L;B#2[.R>[TN7?;
M);0$1VUU/I>E1N6;:[>5$H5KC;(`=3\6_CK\.?@5XGB\)_%?_@J=\:=&N9O!
M4OBD2W/@7PT;=;!(II0C3+X9,:W3QV]PT=H6$\H@DV1MM->F?#'X8_$/XO?#
MS1?BAX+_`."AOQJ;2=?TZ*^TYK_PKX2M9C#(H92\,WAU9(VP>5901W%>+_M,
M?";_`()8WOC72-8\=0ZC8'Q/HMIXBTZS\(:9*MC.]Q<W2VNM2+%`0)_-U"Z(
M>4[':4"1'<Q*?H3X%^-OV?/A))I'[)GPTO[X'2)KO3K$7,+NLD\-K:ZA<`RX
M"EO+U&&3@!<LZKC85``[_AFOXT_])"OC!_X)/!O_`,S]'_#-?QI_Z2%?&#_P
M2>#?_F?K#L/^"E/[)NHZ5-KL7C2^CLH+N.V>YFT>9!YD@U`P@`C<?,&EWA4X
MYV+G&]<]3XT_:_\`@U\/$UV7QC>7]DGAK6K?2M9=[3<(;J>U2ZC1=K'SOW+[
MV\O?L"L7VA20`>(?M\:=^TY^RO\`LH^)OCW\/_V]OB9>ZMH%SI9MK/6O#WA&
M2UF6;4[6WD218M#C<@QRN/E=2#@@\5]B5\??\%.OBGX$^-7_``2E\9?$WX:>
M);+5]%U0Z*]G?:?>PW$;XURQ5EWPNZ[E8,K+G*LI4X((K[!H`****`/FO]E;
M_E(%^U1_V%O!W_I@CKZ4KYK_`&5O^4@7[5'_`&%O!W_I@CKZ4H`****`"BBB
M@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`
M"BBB@`HHHH`*^7/@#_RET_:5_P"R1_"__P!*?%M?4=?+GP!_Y2Z?M*_]DC^%
M_P#Z4^+:`/J.BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`.
M3^%GQR^%?QI&K+\-?%B:A-H.H&QUJTDM9K>XL;@9_=RPS(DB$X.,K@X.,XKK
M*\H^-O[,2>._%=O\9/A'XRE\$?$*PA,47B2QM5DCU*#;@6E_`2%NH,A2`WS(
M5!4C&*;\(/V@_%5Q>:A\/OVE/!L/@[Q/HUS;VSZF)=NAZ\\XD,3Z;<2MF0L(
MVS"^)5((PVUB.6-:<)\E96[-;/\`R?D_DWT^@Q&583%89XK+)N48I<].37M(
M=+Z)*I!O:44FKVG&.CEZS7PS_P`%KOV*M*^+OP%U'XZ?#SX/:)K_`(GT5X)?
M$&CWEHEM9^(K-)(U276I[.#^TKZQL%#W7V""95FV$-'*5C4?<U%=1\^?G#_P
M0=_X*>P_M`_#^7]D[X^?$C1V\9^%-0FT?P%?ZIJ-CIVH>--/LXW$S6VE&7[9
MBT2+:TTL2M,GSD+)'<Q0_6OBCX>:K\$?VAM7_:JM_B=!I_@;6-#(^).BZM(X
MAMY;>%$MM3MO+C.)`D:Q2[R%\KYL_(H&1^S%_P`$OOV'_P!D+XH>(_C3\$/@
M1HVG>*O$FK7%[-K<EG&TU@)MV^WL\*!:Q89@0@#.&Q(SX7'NVN:)I'B;1;SP
MYX@TV&]L-0M9+:^L[F,/'/#(I5XV4\%64D$=P:RK4E5BNZ=UZ_Y='Y'HY;F$
M\!5FMX5(N$U9.\&TW:Z:4DTI1?223\BQ#-#<PI<6\JR1R*&1T;(8'D$$=13J
M\;^!_BW2/@QX[@_8KUN+6(AI&A+<^`M=UV\CE_M[359M]O&Z@?O;)6CA9'S(
MT2I*=P+,/9**51587ZK1KL^J_K=:[$YE@)Y?B>2]X27-"7\\'\,EJ[7ZJ]XR
M3C*THM(KQ'Q;\,IO@1^T&W[2_P`/;#3K7P[XCTU;#XK6T][%9P6T-L))8-:W
M/A`8%,T<H)&Z.4,.4.[VZH[RSM-1M)=/U"UCG@GC:.>"9`R2(PP58'@@@D$'
MK15I*JEW3NGV?]:/R*R[,:N7U)VUA4BX3CTE%V=GYII2B^DHQ?09I6JZ7KNE
MVVMZ)J5O>65Y;I/9WEK,LD4\3J&21'4D,K*000<$$$5/7S_\!KW5_P!F'XP3
M?LD^,[J$^%M<:ZU/X/:F9=JQ6RL&GT%E8Y\VV#>9$06\RW)Z&)A7T!2H5?:P
MNU9K1KL_ZU7=69>;Y<LMQ?+"7/3FE*G+^:#V?DU9QDOLS4HO5!113998H(FG
MGD5$12SN[8"@=23V%;'EBR21PQM++(JHJDLS'``'4DU\[Z_XV\7?MUK>_#WX
M(:]?:+\)))4M]?\`BMX>UUK6^U\(7^TZ?HSQKNCB++'#+J2.K*&N$MBLR"XB
MA74?B!^WS>2+X9\1R>&_@7#?S6USJ&G21O?_`!'BC<QNL$PR+31Y"KKY\1,U
MY&V8GAB(>;Z%T31-&\-:-:>'/#FD6NGZ=I]K';6%A96ZQ0VT,:A4BC10%1%4
M!0H````%`&58?"OX:Z5\-Q\'M+\!Z1;>%%TQM.7P[;V$:60M&4HT`B4!0A4D
M%<8.37XI?\%`?V<_$?[`7QENM.U/Q5&OAWQ`ZGPKK'EF.YN0F0CL(1O::'S$
MAF>/!D6;=@O*2/UD^)/[6DDWQ#C^`_[-'@M_'GC&1I8M5U*VD/\`8'A*15W#
M^U[V,-Y,I7+):1JT\F%R(D=9:XGXE_\`!,SPC^T1\/=6M_VI/B;?>.O'>H0L
M-(\8W>G1V\'A=OE*QZ791,$MX=RJ9-[R33XQ+,ZK&L?CYQE<<RP^GQQU7^7S
M_#[S]/\`"[Q!K\"YT_:ZX6M:-56O97TFEU<-[+XEIORM?GM^Q)^W-\=?$WPS
M\-_L^?M0>+-<\/?!0ZU%HLVL>$KJ*'6;6%_GMK"^NMWFVMC)&LH=H0)]D,B1
MW!$<B#]C_A]H'@#PQX(TO0_A7HNCZ=X;@LD_L2S\/VT4-C';,-R>0D($8C(.
M1M&"#D=:_'_]E9M'_9>_;/U_]A;]J3PI9OH/BF1O#NLW%W9+%'=LTC26&IQL
M^%XD=6CD;+(MPYZHJK]'^'OB?\;_`/@D)\1K/X,?%"SU?QO\$-;N0/"NOVUH
M7N=&E<KFU4#C?DNY@8XD7YX3O$D3>3D^95J&&M7NX1?*^\&MD^KB^CZ/1Z'Z
M5XH\!Y;F^>>TR>,8XFM!5Z:6D,73DKRG3VC&M%W<J:LIP:G'WN9/]":*POA[
M\3OAW\6/#T7BOX:>-M,UW3IHT=+K3+Q)E`90ZAMIRC;2#M;!&>17(?&#]J?X
M?_"S7XOASHNFZIXQ\<7C(MCX(\(V9N[T%\;9+I@1#IUO@EOM%V\,1"D*S-A#
M];&49*Z=T?S56HUL/5=.K%QDM&FK-/S3U1Z97D/Q(_:TTFRU+5/A]^SKX,G^
M*GCG2KW['J/AWP_?I#::3.%#LFI:BX-O8,J$-Y+EKAMR[(7&2,J'X*?M)_'*
M_DU?]HGXPGPSX8NT0Q?#/X>[K>1$[Q7^L%O/NBP+!UM5M$`VJ#(%,DGJ_P`.
M/AE\.?@[X,LOAU\)O`6C^&=`TV,II^BZ!IL5I:VZDDD)%$JJN223@<DDGDTS
M,\JU;X'?M)_'HVUG^T5\6;#PQX968S7W@GX5W=Y!-?C!46UUK3F*XD@SB0K;
M06;L3Y;L\899.OM_V2/V5K:!+>/]FOP$5C0*ID\(V;L0!CEFC))]R237H5%`
M'`?\,G_LL_\`1M7P_P#_``C;'_XU7B'QK^#_`,&?A;^W9^SMJW@'X6^&_#K3
M2^+A>7&AZ'!:/)&NC%L,T**2!U`['I7U=7S%^WE>?%'P#\<_@E\>O`'[.WC'
MXD6'A'4M?37='\$0VDE[$EYIOD12;;J>!"F_@_/G'8T`<YX5C_9D\2?`&>VL
M?@[\0'T?Q?X[.G^,=)U'Q_<->W6H,FX^>S:@7O!*DB!HHF??&H#+MB4#.^&>
MN?\`!.#Q'8_\))XB^&7B'POK_B<K)K/A_6(-7EN='>34DF2RG-LTD%@4NK-3
M]F#H("DJ%4!E4X>D_'W3=!ET>?1?^"-'[2UH^@7[7VDFW_LM/)N621&F.-;^
M=V21T+-DE2%.0J@.TW]H#2-+CF6#_@BS^T5*]S*);NYO;+1KB>YD$CR^9+++
MK3/(^^1V+,Q)+')-`&[XHUW_`()U?$;XUGX/^)?@KJ%]>_!C0YTTO51%<B"*
M+2EBN);57$H,QC;!_>YWNCY)5P9>@U3Q7^SCJFI^$OVFO$GP4\;6UUXVU^:U
MOG;7I8[/1;B$QVDDEW%%=_9OWZ6L,&Q`_P!H11$5?>R-Q5M^TCIMG\1-=^+-
MM_P1.^/R>(O$VFO8:_J@T+0-]];.$5XY!_:^TAA&@)QD[>2:=I_[3LVE>'M-
M\)6/_!';]IA-+TF^2\LM.*Z4T`G20RJ[H=;*RXD)?#AANPV,@&@";P9X9_8-
MO/!/BWXM^#_V6+[29O!3+K'B/PL-82SMTNWN;Q@3']J%F[QD7)3G:J7.Q``^
MT7_%?AG]D+P3JEI;ZO\``[XCSC0O%>J:?'%J?Q(U!Y&NM3TW[?=3"VGU0O=^
M=`9"P96>-!<L5C0R%L"T_:!TS3_!M_X!T[_@C#^TA;Z9JEY#=ZBEO!I"37$\
M3!HY7G76A*75E#!MV<\]:O:]^U)=>)?$J^,=8_X(Z?M*2:F%F5[N.'2(VF66
MWBMY%EV:T!*&AAB0APPP@[\T`8W[7"?#.S_X(V^.G^$7@S7?#=F/$$,&I:7X
MCU:2^OX=0B\3V]M=K-<O/.9OWL3JK>8R^6$5=J@*/O:OSC_:>^)WQ=^-W['^
MK_L?_`__`()6?'?PI_;NHV!M+[7[/2!9VS_VO!>W%Q<2IJ<TS%BLKL^UV9W)
M.<DU^CE`!1110!\]?LO^%M=M/VV?VF_&MQ8[=,U#Q+X7L;.Y\U3YD]OX=M))
MDV@[AM6Y@.2`#OX)(;'T+7D7[-&JZ7K/Q4^.]WI&I6]U$OQ:MHVEMIED4.GA
M3P\K+E21D,"".H((KM/B_P#&CX:_`7PG;^.?BQXC.E:5=:_I>BPWGV&>=?MN
MHWT-A9QL(4<H)+FXACWL`BF0%V502`#J:*XC2/VD/@IKW[0FL_LJZ3X[AF\?
M^'O#-IXAUCPZ+68/;Z;<S20PS^84$3[I(G!57+K\I95#H6H?"/\`:U_9[^._
MBYO`OPG^(B:QJ8\'Z?XJ$,>FW42/H]]<7=O:7:R2Q*CK))8W("ABV(PQ4*Z,
MP!Z-1110`445@3_$_P`#6WQ1M?@Q-KFWQ+>:!/K5MIOV:4[[&&>&"2;S-OEC
M$D\2[2VX[\@$`D`&_1110`4444`%%%9/B+QYX)\(ZQHGA[Q3XMT[3K_Q+J+Z
M?X>LKR\2.74[I+>6Y:"!&(,KK!!/*54$A(G8\*2`#6HJ*^O;;3;*;4;V79#;
MQ-)*^TG:JC).!R>!VK"^$/Q8\`?'GX4^&OC=\*-?_M7POXOT&TUGP[J?V66#
M[78W,*S02^7,B21[HW5MKJK#."`<B@#HJ***`"BHKV[BL+.:^G25D@B:1U@@
M:5R`,D*B`LYXX5023P`34.@ZS9^(]#LO$.GPW<=O?VD=Q!'?V$UK.J.H91)!
M.J2PN`1NCD574Y#*""*`+=%%%`!1110`4444`%%%%`!1110`4444`%?+GP!_
MY2Z?M*_]DC^%_P#Z4^+:^HZ^4?@7KVAV/_!8S]HGP[>ZS:0ZAJ/P=^&\VGV$
MMPJS74<%UXH$SQH3N=8S/"'*@A?.CSC<N4VEN5&$YNT5?K\EN?5U%%%,D***
M*`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`K!^(WPO^'?Q>\,2>#/BA
MX+TW7M+E;>UEJ=JLJ*^TJ'7(RC@,P#+AADX/-;U%*48R5I*Z-*-:MAZL:M*3
MC*.J:=FGW36J,WPAX3T7P+X9L_"'AQ;I;&PA\JU2\U":ZD1`20IEG=Y&`S@;
MF.``!@``>;Z)\<_C[I6D7VK?%[]DC5=.6R&]?^$0\2VNN&=3-'&H2/$$S.`[
M2,HCP$B;!9B%/K5%9RIR:7)+EMVM;\NGE8[,/CJ493EB:*JN;3<I2GS+5N5G
M&25Y7U<E+NK:WX;X(?M"_#WX^V&I3>#HM8L;_1+M;;7-!\2:'<:;J&GR,N]!
M+!<(K!70AE<95AG!RK`=S7G/[0GP<\7?$>TTOQG\*O'4_A_QMX5>:?PQ=S7$
MITZ=Y`JR6U];H<7%O(J!3QOC.'C96'+?A?\`M*>"_&?C^Y^`GB>^M]*^).B:
M'9WWB/PP/-,:&6%&=[2:2-!>0([;/,0<<;@I.*SA5E3DH56KO9[)^6^_E\UU
M2[<3EU'&498O+8R<(IN</BE22:7,Y**3IMM6G9<K?)+7EE/?^+7PULOB-X:9
M;2VL8O$.F1SW/A'6KNRCF;1]2,$D<5W&)$==R%\X*L"."".*Y[]E_P"+GC7X
MG?#6"/XP>!KWPOXTTBZETKQ'I.H(%$]W;I&9+FV8`+/;R"2.19$RO[S;D[<U
MZ57F/[2_[/EQ\:=-T7Q1X)\1CP]X[\'ZC]O\&>)Q&6^R2-M6>WE52#+;3QKY
M<L6<,`IZJ*=6,X2]K3U?5=_^"NG?9]TLNQ&$Q5%9?C&H1<KQJM-NGI+1I;TY
M2:<[)N-N:";O&?IU%<E\,?C;\/\`XN:EXDT3P??W/V_PCKCZ3X@L+^PEMIK6
MX"*ZY21061T9721<JZG()KK:VC.,XWB[H\G$8?$82JZ5:#C)6T:L]5=:/NFF
MNZ=SA_VAO@OHGQU^%][X.U"V1=2M_P#3O"VJ9*S:1J\2L;2^A<<QRQ2$,&';
M(.58@Z/P=\47_BGX<Z7/XBU_2;_7[*TCLO%9T:^CN(;?5HD5;R#='@!DF#J5
MPI&.5'2NGKY/\??M5?!S]B[]L'Q=8>/_`!U8:;X/\6Z+#K&N(MM(9=*\0I!L
M0;$3Y_MUI;J$";V>>TV`;Y1NYJTH4*T:C^TU%_IZZZ?,]W+*&+SC+*^#A=^P
MC*M%6O9*RJ*_V4X^\^C<$MY*_P!2>(?$7A_PCH=WXG\5Z[9Z7IEA`T]]J.HW
M2006\2C+/)(Y"HH'))(`KYXTOPRG_!0CQ-J/BOQ[)J)^!VES2:=X<\(L?*L_
MB$X4>?JM\!\]SIFXF&VM21#/Y<UQ*L\<MMY>QX9^&_C3]J[QU9_%W]HGP%=:
M%X,T"^6Y^'OP\U2\;SKV5=K)J^LVRGRA,KJ&MK-_,-MA9I-ER1%;=+\2_P!J
M;2]`\=W_`,$O@[X&U'Q_X_L;**:\T'26\FRTDS+N@_M/4'4PV`=`T@0[YVC4
MM'!*2BOUGSAVWCWXB?#3X*>"9O&'Q$\5Z5X<T'3H@KW=_<)!#&`,+&N<98XP
MJ*"S'`4$X%>/>'6^.'[8NNP^*=:C\2?#7X36TP?3-%WW6D>*/%3J/EN+F2*2
M.?2K+<<K;#9=3>6IE:&-F@D^1_#_`,9OVWXOVJ/&'BKXF?LX67Q.\?\`PYL-
M3GM;.VM;F2TT%6^2V@T2"0PA#=?Z.QNV26X:&0YE*"2.#VS6O^"F'QC\4_&[
M1/"/P1_9L\0WWA>^;3;Z\N]9\$ZM#J!TJ7RWGN(XRB1[GBDD,"[F;-C<"5$W
MP>:`?6GP]^'?@3X3>#-/^'7PR\(:=H.A:5#Y6G:3I-HL%O;J6+$*B``$LS,3
MU9F).22:V:_-WQC_`,%!OV^?VH_@'\5/"?P>^$ES\(O%WAWP(WB#1/%6JZ3<
MO;LD5]<QW2!KF-`)((X4B9"N]I8KDH-JJ*^MO"'QNF_9D_9M\!VW[:?Q'M7\
M?WNG6^GS6=F@N-0\1:L``T-C:6X:2[E.02L*L0N7;"AF'*L4GC7A^5Z14KVT
MU=K7[[_<SLE@W'`+%<RLY.-K^]HKMV[:K[T>5_\`!93]E[2?BU^S/=?';PMH
M$2^-_ALT>KZ9K%N@2Y^PQ/NN(FD`SY:*S7`_NM#D8W-FOK'[;OP%_:U_8$N_
M%/Q`\+:;/XEU^VO;?1/AIITMQK.H7FKV\LWV,6MO:K'=S;F@2?>BH(XP[-(J
M1O*/3O&=A^T_^U1;:IX$LM*7X5?#K4]+N+.]UK41'=>*-624>6PM[7#6^EQ[
M"Q$LS7$S!@#;V[+NKP'_`((#?"7P_P#`KX.?%7X277A>TLO%N@?%6ZL?$EX+
M;_2KJ.*V@2#SIVR\P#K<E0S':'8C[Y)X*M*-+-DOLUHM25E9N.S];-KS2\C]
M)R[,:N/\-YR<OW^68BG4I2YI<T:=:ZE%):<JJPA*^\92LOB9^7?[(FK?M=?\
M-2Z7X3^%6K:[X<O-4UN/3_\`A$;3Q=<:6^I)'(?]"O;R!H&C(16BVQ,K)\^Q
M\E0O[E_L0_$#X":OX,OO!'PW^'EMX#\5V]]+>^//`UW$8]4AU-]BSW=RS_O+
MTR?N_P#3"7\P;`7W*57X3_X*N>`M%_8^_;O\)?M:>%OAQ;WUGJ5_9^*YM.M)
M9+47&HZ;=PK>;FB!$:R1S6\C2;'+2N68,I<-^HOP^\3ZAXT\#:1XLU;PO>:)
M=ZCI\5Q=:/J"%9K*1E!:%P0#E3D9P,XS@5YG#U"MA,16PTI_`]K:6>S79OU?
MIU/N_&S-\KXER;*L_I873$TG:KSKG52#M.G-*_/"-[*T(6DKJ6KB;%%%%?6'
M\WA17C/PN_;,^"'B?XFW7P`N?C!HVK^+X-5NX;>WTFX2Y\Z)997C#&W#)&Z0
MB-7W%?G##`(*CV:IA)3C=$PFIQYD%?-W[<7QG^+7@/XO?"3X8_#OXNP>!]+\
M62^(KGQ3X@;P_#J,L%KINE/>#9',"HY4[B`20,"OI&OE[]L#[!JG[>G[,_A6
M>_G@FO(_',H-K<&"81+HBQ.T<@(VR*9XR,$,,EAPC%:*.!\*_M):SXUUSP9X
M=\-_\%+/%-Q=>/;&WO-`!^`"I&L-QYWV=KJ1K0)9><+><QBX,9D$,C*"JDBO
MXK_:HF\&:GKFEZW_`,%-O%CMX;\06^BZQ<:;^SK)?007<US+:)^^MK&1&A%U
M#);-<!C#'.OE.ZN0IT/#O[-'_!."/X?^&/C_`*5X:\27_AO6?$:I-/<ZC<W5
MGXCN8KV_DCO;RW=VCOHC/<WLD<L:LDL=R&3?"4(YWPGXD_X)">'-8M]?T[^W
M=*6_UG3_`!'I_AF+1]8GL$/V2;5K18;6UBE@6V<:G)>+;K^[:7!"[K<+&`:W
MQM_:C7]G7Q!K7AOXO?\`!4_6=-G\/16K:M+:_`N.^AB>XEM8HH%EM;21))\W
MUF[0H6D2*X25U6,[Z]FT'X/_`+6/B;0[+Q)HW_!0+49;/4+2.YM)'^%^EQEX
MI%#J2KH&4D$<,`1T(!KRKXC?#W_@FKX,^-$OP\T=M;\,:QXYL[?3VL_AR]Y:
MZ;%_:"6Z&0"S'D6<EQ;VMNCRC87B0X.2YKW33/VBOV??A3\3;#]CW2;ZYM=4
MT'2=$MH+(6[O%:07JW<.G1M*Q))D&FW*@\\Q<G+#(!E_\*$_;$_Z/[O_`/PV
MND?_`!-'_"A/VQ/^C^[_`/\`#:Z1_P#$U#<_\%&?V6[#QRW@#5/%MW9WG]M3
MZ7!/?6#0P7<L,]I`[6[N1]I027L'S1!\)ND($:[ZGU'_`(*`?L^Z9J-MI4]Q
MK,L]UX;AU]%L]+-PJ:?+:SW22NT3,L;&*W=EA8B63<@C1]ZY`/-OVF=5_;)_
M9:T+P1\1?^&OF\36NI_&3P1X9U71=0\`:=;I<6.K>(]/TVYQ)"`Z.(;J0JPZ
M,`:^NJ^1O^"B_P`2_#WCG]GOPSJVG0WEK'X=_:D^&MKJ:7]L8V5[;QGHTKE!
MD^:"A4J$W,Q.P#?E!]<T`%<'\7+BY\:V;_#KP#X\M;'7Q=Q"1#J)C\I<QO)N
M"`N[I`_G+#PKGRA+^ZD8-V][>VVGP?:;N4(N]4!)QN9F"JH]RQ``[DBO-/@9
M\+M>TCQ%?_$SQAXHM=4N+R"2'2S91%8D2:;[1=3@DDDS2B)%4D[(;2W4$X)(
M!E?LG^';3P?XW^-/A33;NZEM-/\`BA:Q6BW=P9#%&?"OA]Q&N>$0%B%10%48
M"@`8K1_;B^$7B+X[_L?_`!(^%'@K5CI_B#5O"%Z/#&I+`)39:K'&9;&X"'AC
M'<QPR`=RE)^SS_R5SX[?]E5L_P#U$_#U>JT`?DR_QV\0:O\`!OPI_P`%D/A=
M\/[U=6^.'Q#USPOIL&M%Q<6VE:UIMMH>B*J)N\NWEU;0M#F*8)"7LLI&XM77
M_%S]ESPCX5_;/^+'@OX?>//&W@ZP^$7[$/A`>#(O`7C*^T(0RV-YXH2S>;[%
M+&;F.(0C%M,9+=]Q\R*3"[?TWHH`_(G]J?\`:U_:1B^(\^O^-?CUH/@W4Y_@
M[X8U+X.'Q%\=_$/A)+S4[O3]]U=V.A:3HE['XPN#?NL3V$C7$B+'!&EM%]I$
MLW2_$;QE\<]-L_C]^TM>_M#?$.'Q5\-?VN_`/A[PUIEAX]U6'0[2PU$>"K?4
M;-M+,RVUQ;S+J5WB.XA?RFD+QB*1I&;]$_@G^T5X)^//B7XC>%O"&EZK;7'P
MQ\?/X1U]]2@C1+B]73;#4#);E)'+P^5J,"[G"-O60;,!6;OJ`"OAO_@I5XN^
M+G@3XZZKXK^!]UJMKK]I^SGJQ.HZ#9FYU#3K!O$NAIJ%Y:0B&<S74%DUS/#'
MY3[Y8D7;S7W)7)_";XQ>&?C'#XAG\,6-_`/#7BR_\/7XOXD4R75HX21X]CMF
M,D_*3AB.JB@#X&\/_%Z/2]2^)?B[]@O]JOQO\2OA'\-O!GA3QK+K+^-M3\9V
M\U_::I>RZUI-IJ,]Q-/?R76D0LLEGY\RV\QMF6)&81MH?L$_&+]I7XM?'SPK
M\*/'OQ/^($]KXADG^/<DNJ12PK:^&-8M9;?3?#$TC#"Q17L\LRVP(=5L%5OE
M4A_T5HH`*_++]J'Q1\9['XL_M*?&?PU^TQ\3M'U;P#^U!\,O"_@JQTWQY?II
M.E:=J]MX1M]1B_LPRFRN1*FH7+;;B&58Y',L821G=OU-HH`_*3X_?%K]I+X'
M>+?BC\!?`?Q3URZ^%OA;]IS2M*\3ZY\0?C1K6DG0/#MYX"L]7>&Y\4I'>ZCI
M=F^K3H/M(#&(3+")+>-_,CHZ?+?^/O$7[)'QG_:!^--K?>$=`_:EUS3/!GBK
MPG\;O$FJ:<FE3^&+_P#L^WGUN[@TYM9DDU-/LD5VT<PN8I4M?/N!<W$<OZTT
M4`?D?\(OVT4\=?MH_!F[^"/Q3\<7>B?$;7/&6C_$FR\;_&Z\UJ]22'P[JM_:
MV5_X>1#IWAN[CFM8<0(;:Y'ER1M!+^\E7BO@3\:_$GPD^!_[,>O)^T?J=V+'
MX&?#A]$^%?A_XK:CX8\2%QIMDTJ:1HL]O+I7C*&Z5F2X653):C<(YH9%!3]7
M_%7[1EAX>_:/\._LS:1\+O%&O:IK6@W&M:GK6DBQ73O#UA'*(4FO&N;J*5O-
ME)CC2VBN'RC%E11NKT:@`KX8_;R^)WPFT'_@H-X1^'_[3'[7'C+X9_#VX^">
MK:EY&@_$._\`#EG?:Q'J]A%;&2YLY8G-P%ED$4`<&X)\LI*/W;?<]<9/\#/"
M5Q^T-:_M+/J.HC7;/P9<>&8K031_9#:37<-TSE=F_P`T/`@!W[=I8;2<$`'P
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M1(L?@>#1Y;".%M,2.>'5O/"M(4>2[C#O`O;?L#?&OQ)%^WG+\/\`5?VC]3^)
M]UKB:VFJRZ!\5M1NSIB(PN('\1>$=6M]WA6:+RVM;=K&2&.Y\[,L+95D_1RB
M@`HHHH`****`"BBB@`HHHH`****`"OBW1/@)\'_C_P#\%5/VDO#GQ=\`Z?K4
M5O\`"7X8/I]Q<18N;"4W/BP^;;3KB2WDRJ_/&RMP.:^TJ^*/#WQV\'?!#_@K
MS^T#/X\TCQ`-,U+X1?#<3Z[I?A^YOK/3&CN_$ZHMVUNCM`)3,=CE?+_<R;V3
MY-^5;V7LW[6W+UOM\SORQ9D\=#^SW+VRUCR-J=U_+;6_9+5]#W"\\(_M7?`O
MP[I^B_!75],^)FD:;;,LMA\1==GMM=N&+2-\NIQQR12XRB*)H`V`2TS'%:/P
M_P#VL/#.J^'%U+XW^#M6^%=__:L.EFR\=B.U@NKR59&2.TNMWDW8812$;#NP
M!N520#Z=I^JZ7JRROI6I6]R(+AX)S;S*XCE0X>-L'AE/!4\@]:H^./`?@KXF
M>&+KP5\0_">GZWI%\FR[TW5+1)X91U&5<$9!Y!Z@@$8-9>QJ0UI2TML]5]^_
MXOT/2>:8+%KDS##KF<KNI"\:EKW=XW]G+=_8C*]KRL:D,T-Q"EQ;RK)'(H9'
M1LA@>001U%.KQD?LP^,?A!X:DTK]D/XI-X7C%W#-;^'?%:7.LZ1#%&N/LMO'
M).LEE$Q)+"%\#/RJ,#$R?M*>*/A%X/DUW]K_`,`+X52UO#;2^(/#/VK5])D0
M*A^UN\4'F6,)9]N;A5"LK98J`[-8CD_C+E\]X_?T^:1,LDCBG?+*JK7=E"W+
M6UV_=W?,WVIRJ6M=V/8**SO"GC#PEX[T*#Q1X'\4:=K.F72!K;4=*O8[B"92
M,@K)&2K#!'0]ZT:Z$TU='AU*<Z4W":::T:>C3\PHHHID!1110`4444`%%%%`
M!1110`4444`%%%%`!1110`5Q_P`2?@CX!^)?B#0?'&M:&G_"0^%+W[9X=U>&
M>2":WDP08V>)E=X'SB2$G8XX8&NPHJ90C-6DKHWP^)Q&$J^THS<96:NG9V:L
MUIT:;375.Q1\,CQ*OAZR7QD]BVK"V0:BVF*ZV[38^8QAR6"9S@,20.I/6OF+
M_@JQ\-=6C^%.E?M6^#;?Q3>:_P#".]_MFTTOPYK9M%GAW)YLLP\N0,D2J7;"
MY,?FJ2%8D?5=%8XG#QQ.&E2;M=;]GT?R>IZN09W5R'/:.8P@I<DKRA>RE%W4
MX76J4XMQ;6J3TU/G3PU\;V\7?`?2/V__`(9?L\WUUKVK>'[*/Q;X==98-0.F
MQR,TZVX,(^VR0,\CQ9"B5-X4JSA:]X\&>,?#7Q"\):;XY\&ZJE]I6KV4=WI]
MW&K*)8G4,IVL`RG!Y5@&!R"`017Q3XP^'?[5_P#P3-\:^,OC]\(/^$J^-G@C
MQ?JLVI:[X,N[T_:=$D+1LUYYS&6:=Q"GD@I'C8@,A_=IG>A_;_\`#_PN\?6'
MCKQ%XB/]E^.=+TZPB^#5YK&GQ>(?"VOM`396<-FTJNZ7L04E>/(*^=)Y<1F>
M+S\+C)PJ*E634]$U;2^OO)K1J75*[76R3/M>(>%\-B<%+'Y7.%3#^]*G-5&Y
M**4;X>=.7OQE2O:$Y*$:BLHN<ITXGT]\;/C=\.OV??`-Q\1?B7K0MK2.1;>Q
MM(0'N]4O),B&QM(<[KBZF8;(X4RSL0`*^)_VYOV7?B=\:/AM#^WC^TSXW\-_
M"[QI\/K6VN_`7A-]8M9M/T-Q<03%+R_:$?;]0>9%6``&WC<B.-)#-)*_HVF>
M)-7NOC6/$_Q%TE_BM\;[>=9/#_PRT&YMFT;X1VMS$^Q[RZ)"0S-&=LUZ_F7<
MZ[ULK;RM\9]@^&?[-/BN3Q-;_%+]IWXK2^/O%%G>_:]%LK>R-AH/AZ3$B@V5
M@)'W2JLC(+JY>:<#.QHP[J?3KT:>(I.G/9_U=>9\!D^;8S(\RIXW#-<\'>S5
MXM=8R76,EI)=4SY._9@_X*2?$K_@HAK<'P!\4>.]/^!DMQ8K;W-UI5PTOB/Q
M-/M/FKIYGA-MI`'ER9W&YN2)!Y8MY$\P?=GPH^$G@'X)^#8/`GPZT3['8Q.9
M9I)9WGN;V=L>9<W,\I:6YG<C+S2,SN>68FOG?]LW_@DO\"_VK]93QIX;U5O`
M?B*1V.J:EHNF)+#J@+JVZXMRR*\BX<K("&RY+[P`![3XW^)7P?\`V-O@E8ZY
M\5_'6I6/A?08K;3Y?$.L)=:@\0($<<EU-&CLH)"J9I,+N906W.H/'@Y8^ES0
MQ5K1VFG:_JNC77H?3\3T.#\P^KXGAWVBJ5;\^'E%R]G)6^":^.,M>6-G)):M
M745Z'7.?%#XM_#CX+^&1XP^)_BVUTBP>ZCM;9Y]S275S(2([>")`9)YG(.V*
M-6=L'"G%>4:/^T'\9OVI]%NKC]DCP[9:!X9FS%9?%3QK`)H[GG:TEAI4<BSS
M;<,`]V]HN[:RI/&>>K^&'[*G@;P/XBL/B5XZU_5_B!XZL$E$'CCQI-'/=VIE
M39*+.&)([;3D=/D9+2*(,OW]Y+,?034E='Q-2G4I3<)IIK1IZ-/LT>3?M.?%
M#]JWXP_`#Q[)\.?@S8>!_`K>"=8-]XF^(-W*NN7=NMC,Q-IHT4>(1(`$$EY<
M0RQ;BS6C;`C^O_`;]ESX?_`@WOB!-6U?Q9XOU>X>?7O'_C&Y2[UC4&;&(_-5
M$2WMT"JJ6MND5O&`2L89G9K/[6?_`":M\3/^R?:S_P"D,U6OB[^TE\`?@&UG
M!\9?C%X=\.76I-MTK3M4U2..[U!\X"6UOGS;A\\;8U8^U<D/]_J?X8?G,ZZB
M_P"$VF_[\_\`TFF=M7@O[+?@%O`'[4'[04=GK4CV&L>+-)U6WTTJ`MO-/I<1
MGE^X,M)("#R1MB0<$,6UV_::^)_C/Q"?#WP1_9.\8ZE``<^)_&X7PSI2$-@J
M5NE;4">"04L64\?-@Y'B/_"M/VS;[]N&^\-?$/\`::L_`]E\2OA^EXJ_#+PW
M"[H^DW"126\=UJBW'[XQZAN:9;=?D"J%1HU=ZQ*BJE.;Z2_--?FT>KD4ZL\'
MC\+!_P`2C>W?V=2G5?S482VUWZ-GSM^TA\.OC=X2_9UUOXV_'#XV:1XE^&WA
M*?4M(TJZ\7Z=J>FZOH:ZHMO;&.1;Z$/Y5M<BV<'S)9`L4D:R')V?:GA+_@H!
MH'Q.^%NE>+?V=_@YXU^*FJ7^C6T[P^%M*2TT^*YE@6012:EJ#V]IPS8<122O
M$!\R9*AM_P`3?L!_LR^-K"\'C[P=>>*]3N-/N+6UUSQOKU[KEUIIG@,,DMFU
M]-(+%BI)/V81#))`%>4_\$5=?\<WW[)%_P"%?&EFZ)X<\;ZGINFR^8#&T:NK
M2(@SE%6X:?"D#:I4<XS7GX:@L!F"IJ[52+UU>L;=[NUG9:]#[3/<WEQGP74Q
MM11ISP5:*44HQ3AB%)MVBHQ<^>FY3:A&_-=['J6AS_\`!0+XBB=/$^D?##X6
MV,L!\A]-U2]\6:D`Z`#(D@T^WM9D))S_`*9'N0#$BG-)X<_83^%]W<2:U^T%
MXQ\5?&#5)Y&>:3XDZL+K35R!A(M'@2+3(@I&586OFYP6D8JI'ME%>T?E!YY=
M>$/#WPE\>>$9_A_X7T_2M)U"6?1+^PTZV6""%#;&:WD5$4*NU[40A1@?Z2>I
MQ7H=<]\5-*U35?`MZ=`MA-J5EY=]ID6!F2XMY%FC3)!QN9`A..C&M3PWX@TW
MQ9X=L/%.C3>99ZG917=I)D?-%(@=3P2.01T-8P]VK*/?7]'^5_F8P]VK*/?7
M]'^5_F7:^/\`_@I-\0O!OPD_:$^"7Q4^(KZDN@>&]%^(.J:V=&GDBO/LEOX:
MFEE\AXG1TEV(VUE=6#8(93R/L"OFK]O+X*_'#Q[\3OA1\5/@]\%O#OQ"MO!\
M_B"W\2^$?$GB1-,@O[/4M,:R*F1[>=77YCN0H0RDCO6QL8?A[XC_``5\._![
M0M9TCX$W<EG:_$%]"UW1]5\8SW$MCK=I=S^;,C3L_P#:$ADDN9GG8AYE7=(6
M*A5\\^#/QI_X)A7'P^\,C7/@OK'A6>YM;:ZT31+FQU759H+*YTTW5EOGMO.2
M,?V=<[5A9\0*C0I\D*&NUT.3]L[PW;V-MI'_``2E^'T::;=B[L_,^/22&.Y"
MSK]HR^E$M,1=7&Z0Y=C,Y8DFLC1O`G[2_A_2K/0]&_X(\_"ZWM-.&+"WC^-\
M6VW7RWB5$_XE/RJL;M&JCY4CPB@*J@`&A\3_`(M?L*>'?VROAUH5_P#"!=4\
M5P6VCVGA[Q#;R7"FU%RDOV`+#PEQLC+/OEPR*WR;W&P=E\4M/^!_C?XH?%CQ
MYJO[,_B34_&WPT\'P1_:=`U&2WO_`!1:O97=Q:PVHLK@/)+&\MW%;M*%F@FG
ME:'R_,WOR-W#^V'?>-M'^(UW_P`$FOAP^N:#:16ND:D?CI%YEO#$&\I!_P`2
MG!";F*9!V$DK@\UIW_C#]O74=3U#6Y_^"8O@I+[54B74+ZV_:"$,\PB21(LR
M1Z4&!199`I!!&XD8-`'!Q_%?]A+X@?$"#X+^&_@1$_B+5/#3^)]2\.^$_%4N
MGVD^IK<V6F_V=<Q020":[C%U$Q6>+]SRV%=FK1BT?X)^,+V#Q#<?LG7\C^)-
M:UW7M3N7^+5XEC;7.C&>UFO$S*$&G2;XH<Q(L4B7$`>!D1=ED^$OVHC>:7J;
M?\$@?AB;O1K.>UTV^/QPB,\44S(\R^;_`&3O8NZ([%B2S+N))YI;3PO^U=9>
M`K;X86__``26^'PT&RT-M&L=.;X_[EMM/,D4AM8R=++1Q;X82$4@#RD`P%``
M!8_;5US0?&G['WPH^)^@^#[G0AXP_:+^$NN76G7IS-'-<>,M$=M_)&<;>F`0
M`<#-?9%?%/QB\'_\%`OVC/#WP_\`@[K'[&/A7P;H&@?%KP5XBU'7?^%T?VM-
M;V.C>(+#4IE6%K"-YG:.T9!F0'+`DFOLS6M<T7PYI[:MX@U:VL;59(XVN+N=
M8T#NZHBY8@99V55'4LP`R2*`.&_:.\(^*/B/X'D\#>!-?M+'5YMS6\UPS'R'
M>&:.&?:H.?*D(G&>"UN%QSD=QH&A:1X7T*R\,Z!8I:V&G6D=K96T>=L,,:A$
M09YP%`'X5YSI'PP\::W^T5+\3?&4[QZ=I-L[:+;13!HY)9%>!#G.[]U!YQ92
MH'F7[X+!%:O4:`/*OV>?^2N?';_LJMG_`.HGX>JC^W_J.L:9^R%XTFT7X):M
M\1));.""X\):+<WD<]U;27,*3R;;$_:ITAB:2=[>W#33I"T,:.T@4WOV>?\`
MDKGQV_[*K9_^HGX>KU6@#\9M-_9G^,/B/6/B=X`\(?LCZCX<^&/B'XJ_`C6_
M"_AGP-\%-7\*:,((_$]P=<N8;"X_>PR1016[7<KQ6CJD<<LEO&N)9/6_&7[*
MGB+X4>./BI\-?"_[+NJ1_LWZ+^U#X=UG7_A?X8\"33:9K'A27P-:I>KIVE6\
M##4+5=>DAN+BUM8W$CV]P"CL'C;]/J*`/C3_`((U_#'1?AGH'[0(\!_`7Q/\
M.?!>N_M"W6J>`-`\4>$KO0W;2&\->'XHY;>SNXXY(+;S89DCBV+Y0B,)2-HF
MC3[+JCXGU^S\)^&M1\4ZC%*]OIEC-=3I`H+LD:%V"@D`G`.,D#/>N"^!7[6O
MP9_:'U.+PY\/]5O!K/\`P@'A_P`8WNC7UBT<UCIFLK<M8&5UW1&1OLEP&2-W
M*&/)X9"P!\K?M-_"SP/=_P#!17Q1X]_:E_9)^)'Q.L+SP+X7B^`^J^"_#E[?
M_P!AZC;WNH/JL5M?6OEIX>NI&DT^22ZN+FUCN846/S"(70\E\2O@KJ9^+UMX
MF_:M_9O\2>./@/%\4OB%<^*?!$7PWOO$:W.J74^FMHFJ3:1;6\\VH6JQ1:DB
M2)#(D4EQ'(1@"2/](:*`/R$^*'[*?Q0U'X*>"I_C3\(_&FJ7.GGQ2/A_X-\6
M?!?5?&=A:Z+<ZY>SZ+IHN-'N$U+POKD%BUFB:L71;9`J&9FC(7M/VY=+^/"?
MLQ?M7_#C4OV6?B5?^-OCC\(-'NO#.A^$?">H^(+47D7AZ*SO;%M2@B>+SH)H
MF&)VCEN`5\E)6)%???Q-_:?\-_#CX_\`@3]FJT\`>)/$7B;QY8ZAJ4":%'9B
M#2-+L9;2*ZU&\DNKF'$*27UJFR$33L9?DB8*Q'IE`'YI_'/]C3XR^*='_;1^
M*GP;^#AT_P")NO?&718_"GBR_P#"C2WVH^$ET?PE_;%OISEX);B">&VU"W:*
MWN(?/EA,7G1R(KQ^K_\`!)3X1^)/AYXE^(FOZ)91Z%X#U2ST:+0?"&@_LV:E
M\,-"M;^'[7]KNK32M5U&YO//E62W2>0P6\#F")HS,YE<?:M%`!7QO_P4(^'G
MPT\0_M(>$O%?[77[,OB;XL?!NW^'>LV:>']%^'U[XMM++Q%)=V;137&D644\
MLDLELDJ07?D,MN4F!EB,P)^EOC%\;_"?P2_X17_A*]/U&X_X2[QE8^&M-_L^
M*-_*N[K?Y;R[W7;$/+.XKN89&%-=E0!\(?\`!/;]D?Q%X-_:#\#?&;X[_L]-
M;>--.^`4=BOB[Q)I,5[J^GDZO=K;:?<:KF5I;V+3&MX)3Y\CL$;+.#N/W?7D
M?C/]MGX&>#_%-[X+BU'4-6U/2?B1H?@;7+72[,$Z;J^K103VJ2F5D!00W5O*
M[1ERJR@`,P*CUR@#Y7_X*JZ=IVN?#SP/HGB_]E:/XI^&'\9F;Q#::CX;UOQ#
MINF+'97/D3W>A:-!<3:PAG:-%BEA>&%V6X;:\,;53_X(M_#OXL?";]C*Z^'G
MQ@\#7_AJ]TWXG>*_['T.Z\/3:3;V>DRZQ<S6$=G92SW'V2S%M)%Y-NL\RPIB
M+S'*$U]:5%>WEIIUG+J%_<I#!!$TDTTK!5C11DL2>@`!.:`):_.?X^_`?X]V
MO_!4'5/VF]8\">(O%?PDTGQ[X+BU;P':>%[N>.^FFTVXLH_$,7D*QU`Z;=S6
MK-`5:&WC:XN6'FP0M']C?L@?M=_"W]MCX0CXS_"6QU>ST[^U)[)[+7[6."[C
M*!9(I7CCDD")/;2V]U%DAC#<Q,RHS%!Z'KFKZAI+62V'A:_U,75^EO.;&2W4
M6<;!B;B3SI8\QK@`B/?)EAA&&2`#\N_@[^S?^U):?ML6FM_$JW6Q^(T?QXU/
M5;SQII_[,6K7FIWG@\ZM<2PV4GC5M8ATO^S)=,,5O]A$!F@+#%G)+%YS^Z_L
M<_##Q6W[5A_9R\5>#)+;P=^RF^HQ>`[R;3H$MKTZU&&TAK383L_L[1Y;O32`
MJ$^><C!&[[>KDOA+\#?AE\#X-=C^'&AW-O-XG\03:WXBO]0U>ZU"[U&_D2.,
MS37%W+)+)MBAAAC4OMBA@BBC"1QHB@'6T444`%%%%`!1110`4444`%%%%`!7
MRY\`?^4NG[2O_9(_A?\`^E/BVOJ.OESX`_\`*73]I7_LD?PO_P#2GQ;0!Z7X
M[_8O^"?C#6-7\6>&XM;\$>(->E676/$?P]U^?1KV]=2Y!F:W8+*2SLQWJVYL
M$YIGA[X._M)_#GP%?Z!X/_:A?Q-JANX&T6]^(OAN&Z2UMUR)(9#9-;23L^0W
MF,Y(*X`P>/6Z*Y_JM!2YHJS\FU^5CV_]8\XE05&K4]I%--*I&-2W+:R3FI.*
MLDK)I-:/30\LT77?VU]-5;7Q+\,/A?J^T9EU#3?'&HV#/\HR%MI--G`).<9G
MQR!GC)O:O\2?CCIW@V#59_V8[G5-2GFGCN]#TGQ78OY42@;'\VY:!'WY8;?X
M<<]:]%HIJC-*W._P_P`OS,YYGAJDU-X2E>]W;VJ3WTLJB277W;;*UE=/Y;^'
M7A/P[X/^(3_$3PS_`,$M_&WA37?.1Y[KPQKWAZUBE8AA^]2+6(8I@%9N-L@^
M8Y`/!YKQ;I7_``41^#'Q%O5_9IT#XB^,]"&J,SZ?\3]5\.W=E<KO(+6UVNI1
MWMO"5P5$D;,.\><@_9-%<LLN@X6C.4=;WCRQ_**3OUN?04>.,32Q#J5<)2K)
MQY7&K[6K&RVMSU92CRW?*XM-7>M]3Y0^%G[5_P"TM\2M2&L^&;OP'<ZK$T</
MB7X)^)(KG1/$.D7*6T?G1VMS,Q6Z5GWS*[P"(A_+$V8V<^H_#+]M7X/^-M2E
M\&^//MWP]\6VK%;WPEX[C6QN4._:K12EC!=(V5*M#(^0PZ=!TWQS_9R^#O[1
MV@VV@_%KP?'J']GS^?I.H0S/!>:=-E3YMO<1%9(6RB'*L,E%SG`KS+XP6WQ:
M\'ZU+X)^*/P/M/BK\&;ZQ@MQ]C@-WK>B,D3(\MU%<R,VH(0%;SHV^T`LQVN<
M9SY<9A=7*Z]&_FUO'U3:_NI':JO"_$*5.GA_95+-V4H0:2:M&,FU"L[-M1G"
MG5;BDZU23U^A:*^5_P!E;Q?^R3X&-QHO[-W[7UQ'IXM)H['X6>./$FW^S9U`
M\L)!J"#4+6)2V"H)5MRL,X.[WGX->)/C)XB\.S'XW_#+3O#6KVMQY(72->%_
M:WJ!1^_B8QQO&I.?W;KN7'5NIZ\/BHUXKN^SYE]Z_"]GY'SF=</U\HK3U?+&
MUO:1]E4U[TI.]U]KD<XJZ][4Z^BBBNH^>"BBB@`HHHH`*@U/4K'1M-N-7U2Z
M6"VM8'FN)G/RQQJ"S,?8`$U/45];?;;*:S%S+#YT3)YT#;73(QN4]B.H/K2=
M[:#5KZGC_AG_`(*!?LD>+]/T;5-"^*<KV_B&6_CT66X\-ZC`+LV4"3W!7S;=
M?E6-P0QPKD,J%F5E&MH?[9W[,'B+X4WGQOTKXOZ>WA6PM89[K6)X9H4595+1
MJ%D17:0X(\M07#`J5##%?+OQ9^#?_!,#]F3Q3J=E\6+;Q>VKV>I07USKYBNY
MA:7<D<U]A)($6)&F@MI%:(+AHX-H4$$G3_9F\-_\$POBPGB3]F_X+7&N7T?B
M.WTZ*^M)+JY1(I-,MI(8+F"92!'+MB:0R*V)&"MR&&?GZ>88_P!M[*<J7-JK
M<SO>VBM_BW79]UK]55RG*_J[KTX5^16=W%6Y;ZN^GV7H^Z[/3W"7_@HQ^QW;
MVXN[SXJW5M$L0DN)+KPGJD0M`6D1!.7MA]G9VBD5%EVLY4A0QK43]N7]EVXT
M7P_XBT[XDRWUCXHU-=.T.ZTSP]J%TD]VT,$P@8PP-Y4@2XC)63:5(D4X:&4)
M\Y:M\`/^";=A\`M&^,_B?XD>*[/P1\0[GS9KB^U=K6#7;B(7^IQ&[B\M%W@Q
MW0C7"[B4B`;<JG)\/2?\$M=6UZZUOX<?$KQ9II&J7<D]QHVIRP6JW-\'TZ54
M+C8S3BREVK'EG7>R`JU2LQS"+2E*E=I/XG?O=:ZJW]6WO^R,IFFX0KV3:ORJ
MUUI9Z:/F]=%WT7U9X,_;3_9?^(.G7FL>$_BY97-GI]KJES>WDEI<0Q0PZ=]C
M^V2,\D:J%07]FP.?WBSJR;U!(=X?_;)_9T\3>`+[XH:7XYNET33-9M-*U&YO
M?#NH6SVMS="!K<20S0+*B.+F`B4J(_W@^;@X^9_"OP\_X)<^)5UVZ^%GBK7H
M-+L?`6IWGB&T\-ZO<_8[K2(;32)+^)BN[+F-].5T1ED#QL!M>,XUO!WQ4_X)
MN_#KPUXP^%>L_$?6)4\>M'H/B35?&&H/]JN88S_942>9+M=((!O43[=J!))"
MYVEJTAF.*^W.DEKKS=;:==K[^7XY5,HP+3]E3K-W6CBKVOKTWM>WGTL]/8-<
M_P""D?[%GASQ3JW@O5OC4BZAHDL,>HQPZ!J$L:&62&.(K*EN8Y59KB'#(S*0
MX;.W)'I/PG^-'PO^.7A^7Q7\)O&%OK>G0310RWEJCA!));0W*KEE&3Y5Q$2!
M]TL4;#JRCX>\1>'/^"6.C:'<S7M_XX_L%],\/W$UY:Q3O9-#"T5A87/GA"`'
MDTWRF<MM9XWW8)!K5_:3_;P^!7_!.SQ)>_!?]FOX">+->^*_QM^T>*/"VB-:
M&/2#JD\*86ZN)'"V2Y7S#'@!F++N7=E52S2O3DYXF=/D7\K=_M6ZVV7EU[#Q
M&386=.,,+3J^T?\`,DE]F_1/>6VN\>Y]'?M-?MU_`/\`9DL9]*U[QCIFI^+6
MDAATWP;;:Q;PW<\LK$(TK2L([2W7&Z6YF*11+@LV717_`"O_`&LO@#\2-2US
MQ7^W=H?@?4;[1?$^K?V3\1_$GA+2);337L+Y7^V+H,=TC37$8C>.,ZY,D4<U
MU^^@A`,8@^V_V$O^"55G\&O$4_[8/[=GB[3?'?QEU"Y75;V]\M8]'\-NGF2+
MY"$`7$T;33M]LF!9"[>4(AN9_1_C1_P4F^$6GQW7PZ_9AOC\2_B!=Q-'HFE>
M%[22]LQ-C[\MTF(65,,65)"WRX.T$L-LQG267\V,DH3W5O>:?1)/XGTLMWL>
MKP57S3`9_P"URRA.O05HU8WE",H/XN><?X2OJI-^[I>^M_*?@+^US^SK^R[^
MRMIOP8^"7BF/Q'XY/G7&JMJ<,MK<K>749O'U+59;@LTTRI+&)6#S/),IA4LW
M`^M-*^,W@[PY\//#/B'XK^.;#2+G6=-5FGUFW;2A+-';&:=O)N&+6ZJL<CE7
M8A!@%CD$_BI^RG\2/$7[.W[:]_K&E?L_)XE\56T6LZOH-E<ZG#::8)DL;J24
M1W,'F131QM'*#Y`N-LL'E*JRJVWZM_9Z^/7[/O[3OQITCX\?M#^--=^.7CZT
MEN)/"'A/X8>$[N30?#5C"!(MS/:0S2PK<%G3]W=7%Q-&TD3;4.WR_)RG,\;6
MG^_?*VU%0:?NI6NY7?Q.]K;WL]KGU'B5P?E62XN-7+FZE"K#VWM4X6E*?-[D
M.1<O)%QD[Q2C92CJTF?9C?M3:_\`%S6IO#'[('@FR\8P16Q:Y\?:MJ$MIX:@
M<\*D%S%#*VI2C(<I;CR\?*T\;'AW@#]CS0KC78?B?^T[XB3XH>-X=9?5=.O]
M9L=NE>')FACA$6CZ<[RQV$:)'Q(6EN6:21GG??@5M=^('[<GQ-DMX?@K\%O#
M'P\T]W(N=<^+=Z;^]1<\20Z5I,Y25<<XEO[=^0"BG.)K[]CVZ^*&DVEI^U!\
M>O%_C?9&IOM&TJ_?P]HD\N/F'V33F26:$GGR+NXNE]<U]@?C!X/^V=IOP@^`
M+7_CW]BG]HOPIX#^*&D:J=0U;X;Z7XAA*^+G`)>SETM),R7++GR\1[NJC9NW
MK5_9U_X+`?$']I'Q!8_!KPU^S/!H/CB[N+BRCOO&.N7.GZ3<7-N"LWEQI:37
ML4@8%A;W,,&0K+Y^0&;[/^'/PS^'7P@\(6GP_P#A3X$TCPWH=@I6STC0].CM
M;:$'D[8XP%!)Y)QDGDUY)^US_P`$\OV>/VM-%N+[7O"%GHWB]#YVF^,](LH8
MKZ.X52(S,^P_:(P3]Q\D#)0HV&'EUL+B,/-U<';S@](OT[-_<^I^@Y5Q!DN<
MX>.7\3*32NJ>(BN:K3NK)3NTZM*+M)1;YHKFC%V:2Q/'O[&/[1'[0VA7EI^T
M3^VMK]E'<VEQ#'X5^%FDQ:)HN)83&%NC*UQ?7RC.67[5%%)E@8@I`'KGPP_9
MP^!GP:US4/%?PX^&6F:?K>KILU?Q"T1GU._0-N"3WDQ>>90>0KN0#T`KX-_;
M"_:$_:U^"GP*^&/Q$TK2?BAX%\0?#F%=(\7"\M9]3T;7E1883=23"9DF4M&S
MJUTJ2R"4@.K?,>\_8V_X*^ZA\0(=+B_:K\/^'-$T76+F2STWXEZ!>2QZ/]M4
M(5LKR.;<;"5EW-NED`;C:H7YZPAG&!6-=.:<9-+5[6Z>EFVM4O78]3$>%/%4
MN'%F>#<:]&,IIQ@TY*479\MKJIS0C&:5.4G9O321]V5Y1^TD_A_P?XR^&GQI
MUR^%I'H'C-=,NKC9G=;:I!)8B,G'RI]KDL9&8D`"#)Z"O4[.\M-0M(K^PNHY
MX)XUD@GA<,DB,,AE(X(((((ZURGQ]^$&@?'[X+>)O@SXF7_1/$6CS69DSS#(
MRYCF'^TD@1QP>4'!Z5ZN(C*=%\NKW7JM5^*/S_)J]'"9K3>(;C3;<)M+50FG
M"I9=^24K>9L?$"Y\5V?@/6[OP);PS:Y%I%R^C17*DQO=B)C"K`<E2^T'':O$
M_P#@EMX%T;P;^P]X(U>PU4:C?^++)O$GB+5#*7>[U&]8S3ER0,NA(A/'_+'J
M3DGL?V5_CZ?C-X3N_#/BG1=2TGQMX,-MI?CO1]5M#"\&H&W1VDBS_K;>3)>*
M8?+(A#"O*/\`@DWX_P!+D^"_BC]F^:;R]9^$_CW5]&O[%XF5XK:6^N)[9CD`
M;2&D10,;1#@CC)X_:TJF-HS3^*,DO6\7;ULG?T]3Z=9;F6#X4S+"2C9T:V'E
M.VMX.-:,9-]8<TH<KV?M$];Q/JFBBBO2/@PKEOA:\&G6NK^"DC,;Z'K4\2H6
M)S#,1<PE<\[1'.L?IF)AVP.IKEYX$TGXQP:DQ55UKP^;4D=6DM9C(BGU^6XF
M(],-ZUE4TE&7R^__`(-C*II*,OE]_P#P;'45\T_MM6VN^,/VCO@7\(5^)WC#
MPYH/B*^\22Z^O@SQ)=:9<7@M=+,T*M+:LLC*K_-M!Y/8U]+5\V?M<ZWI?AO]
MLK]GKQ%KDQCL;#_A,[F\D"EML4>ALSG`Y.%!X'-:FIXA\.O&7[-WQ-U'1-/T
M'Q_^T]`NI6\%UK=WJ'Q^$,'ABVN)9HK674)#K>$>9K:X"VT/G72>1)YL,>VJ
M'C7XL_LG^%;W6QH'Q,_:C\5:;HL\"CQ!X9^-T\MCJ$#R102W-K)+J\9FBAN;
MBUMV`4.\EU$(4F7<R]'X3U__`()2^%O`/@_]H#2/A9JVBW;>.7L-.M;_`%:Z
MM]:N=5\V.XEDU));T->B-GCG)NVEVF1&4;I%W=#J7Q<_8`;XEZSX^\8?L^^+
M;+Q;<>(([O7[#5=(N/M%K=6%S:1V]Q+9BX9($DFN[*9,(HN-T5RP81"5`#C/
MB9\2?V&_A3XHUG0_$O[5?Q_FT_0])FGN_$NF_'#4;BPDU*.-Y/[$B9;_`,V3
M4G1#LA$>UF(C\SS2(Z]O^'/[(/PM^*'P_P!#^)/AO]H;X]KI^OZ1;ZC9)<_&
MK6EE6*:-9%5P+DA6`8`@$X((S7*_&WXJ?\$^]7^/_AV]^(?P7G\6^(?'/@RP
MFAOIK..2S&EW<C+;S2VMU<1J\V05#Q0R7*I\H(4%1ZU\-_CW\)="\9V_[,_P
M^^'6L:;#H]O?Z?X>2"TMX[*Y_LN.U%Q;P?OMZ&/[5"@,R1JQR0Q`W4`9'_#`
M_@?_`*.)^.O_`(>W7/\`Y(H_X8'\#_\`1Q/QU_\`#VZY_P#)%7--_;C^'&J6
MVB3V_@/Q7N\1>%K[7M%B%K:.;RVMK^RL=L92Y*NTLE_;O$RDQ/&Q?S`,9YK6
M?^"H7[.'A3Q';^&/'ND^*_#D\E]J-I=S:[I$=O#836AE`2XD,I6%IS!(+=2<
MS?*5&UU)`.`_;$^"R?LG?#WPM\<?`_[0OQIDFTWXO>![;4H-0^)VL:I!<:=<
M^)=.MKR&2UDE=9EDMY94*;23OX&<5]`^)O`UY\<O$FA^*;+QM;W?@[RO/*:7
MJA5@RE63RGA#"1I#E7F\Q3'$ABC'[^62O$OVU?B%\._VK/V'?A]XSTO39+GP
MQXT^-'PXAN=-U!HF:2WD\9:5%-;S>3(Z$\.C!78<'!-?7E`$=E9VFG6<6GV%
MND,$$2QPQ1KA411@*!V``Q4E%%`'E7[//_)7/CM_V56S_P#43\/5E?\`!0WP
M/%\2?V0/%O@FYTOQG>07WV$74/@'2(=1U'R5OK=Y#]CE=!>VX16-Q:KNDGMQ
M-'&DDCHC:O[//_)7/CM_V56S_P#43\/5Z#XT\<>"OAQX;N/&7Q#\8:7H.CVA
MC%WJNM:A':VT)>18T#RRLJKN=T09/+,`.2*`/RI^'7[)FM?$[P]\&?@YK_['
MEO/\,M/_`&KFU+5%TCX/Z_X4T35=,D\':U#<W4_A;5VE;0[-KIX8)8P([.YF
MG=PF;AO,ZK]GO]COQE\+=8^"/C_PI^SUK^B>(O#O[9/CS11JH\.W4<^C?#MH
MO%BZ?9!BF;;0<II30Q#;:;FMVC&Z12WWOHG[9?['_B9-&E\.?M6?#;4%\1ZY
M/HOAYK'QUI\HU34H?]=96^V8^?<)D;H4RZYY`HUS]JCX(_#F'6]0^-WQO^&W
MA.RTS7+JP@NK[Q_;(NVWM(KJ87/VA81;7$<;M))`#)LA"2E\/A0#\U/V+_V7
M_P!JSP[XT\-R_$NPGL?B?I6D:_\`\+MUCP_^R]JNEW?BZ>72KV+RM3\6W>KF
MRUZW>[D@FMS8VTLB/%"JPV<?FHN7KW[%?QV\.P^.M6^"_P"SC?>'OB)XS_93
M^$=K9^*HOAK<237$6FWSIXLTJ6YC6`I>R:<MI"UD]U;7%TL4*1NI@#P_J1XJ
M_:Q_98\"?"33?C]XW_:6^'^C>!-9CB?2/&NJ^,K&WTB^649B:&\DE$,H<?=*
MN=W;-=SI>J:9KFF6VM:+J,%Y9WD"3VEW:S+)%/$ZAE=&4D,I!!!!P0010!^5
M_P`,_P!D#Q+XV\#:GX6T_P"'5S)\+]=^*_PXW_#WPM^S#JWPVT"%+75I)-5N
MTTC4M0NKS;+`\,=[(\%O:R1PH09BTSC]1?!O@SP?\.?">F^`?A[X4TW0M"T:
MRBL]'T71K".UM+&VC4+'###$%2*-5`544`````5R7[4W[2WPI_8Z_9V\8?M/
M_&_75T_POX*T274M4E\Z)))MN!';P^:Z*\\TK1PQ1[@9)98T'+`5F6'[;7[(
MT^E>!;_5OVF_AYILWQ*TN._\#65]XWL(Y=>B=5.;)6E!NP-X!,6X9(]:`/DS
M_@J/^Q_\3_C'^UO!\6/V</@I:R?$2#]D[XBZ9X1^(B^'XUETSQ$USHJ:3&NI
M,F+6[\N?4Q;L9%9%FNRF%,M>:_%#]GJ'QGX-^*^G?L)?LH>.?AW\.]3_`&?M
M4T;Q[X8?X<:EX>O?$/C"6\L#93P036\<VH7D-LFHK-J4'F+*T\6)IRH,?ZGU
MD>/?B!X"^%7@W4?B+\4/&^D>&_#^D6QN-6UW7]2BL[.RA'62::9E2-1D?,Q`
MYH`^!?VJ_P!DW]GKX6_M&#1OB?\`L*Z_XR^"=M\)[>U^$G@WX0_#VZNFT/QC
M_:U]<ZA<6YTU8_[&U"Z273VCU:6:V5&AF+74!+L_G7Q@_9H^/'B?]N#Q9K?B
MSPQJ5EXGU/XJ:+J7PM\8']G#6?$VMZ/H\5KIH$5CXNMM>@T[1;56ANH[FUN1
M&)B]T6CO%N5\S[L_X;:^'.N?M`_"KX2_#&\T3Q;X;^*G@;Q1XETWQ]H/B:&Y
ML8H='FTB/;&8E>.Y2;^U"?,650GV?&'W_)U/@[]K;]E3XB>%O$7CCX?_`+37
MP]UW1/"$SP^+=8T?QG8W5KHDB#+I=RQRLELRCDB0J1WH`_/[2_@-=1?&GP,W
MQ/\`V3_'VI?'73/VL[O6?$GQ2T_P/>O93^%9-5U2;3)I]96(6]QI\6G36D"V
M8E=K69%9H8@#)7ZA5Y_I?[6/[+&M_!>;]I#1?VEOA_>?#NW\SS_'MKXRL9-%
MC\MRDFZ^64P+M<%6R_!&#S74^`OB!X"^*O@W3OB+\+_&^D>)/#^KVPN-)UW0
M-2BO+.]A/22&:%F213@_,I(XH`_,[XD_L+Z%=_M6_''PR/V2+Z*W\>?M7_#C
MQ7/K.A>`KB*UUGP]]CTPW\KZA;P".2,:C'J<EU$TF\----*H6X\R3(^+W[)G
MQ[\#6_Q%^$?P6^"Z>'_@;H/[5T.IW?@:;X/7WB'P_<>%9O!-F9/LOAVPFM)-
M5T[^W)#)+:V3[3/YSF*8I+$_ZOUXUX>_;M_9>L?`WAO7?C#^U!\&O#VK:]H.
MFZF+33_BO97EC+'?.\=M+9W<XMFO+::6*6.&?R8Q,8F"KE2H`.._X)5?#SQO
M\-OV;M2TGQ/>7":1=^,[Z[\%Z*_PHNO!-MHND,D*I:6>CWFH7MU9VOG)<31Q
MW#0R()]@@B1$!WO^"D>A?%_XB?LIZS\`O@3#>0^)/BC=0>#HM=M[*YEBT"RO
MB8[_`%.9K<JT:060N74F2(--Y,0EC:16KW='25!)&X96&593D$>M<O\`&7Q5
M\3_!W@&YUCX-_"=/&GB,S10Z;H=SK\6EVS,\@4RW%U(LAA@C!+NT<4\NU3LA
MD;"D`^0/`W[('[0GA7XY_$SX!_&K6M#UCPK\=OAQ'=V_B_X6?#.[\/Z?X6U_
M1XK:P@>47&IZB5O)+5[&2"5I%4_V/@+E/FH?#3P)^U3\8H/!?[5'[2'P2O=!
M\>Z[\<O#]IJ7ANRL99SH&AZ-:WUH7>0*"UM+?RZC?1SLD0,.H6X*@C)],B_X
M*)?$K3]-UOX9>+OV>-`L/C+IGQ,L/!&G>"X?B.TVB:K?7NF?VM;3PZL=/280
M?8%FFD#6(F0VTH$,B[)'B_X>-?$W5-*TWX:^$OV;-'OOC+=_%N[^'VH^"9OB
M!)'HNF7UKH[:U/>S:LFG/,+,Z>(I(W^P^:\EU!&8HRS%`#YQ^`'['?Q,^"_@
M_P#9,\:?!'X"ZGX4^(>K)XNTCXG^)G\+S1WL-I-X=URYLH=7F9!)';)JB:>8
M5F9520QI'M\S:W5?L"?!W1/#'Q[^#E_\$OV2OB!\.?$V@_#RZM/VF/$OBGPC
M>Z8GB"^:SB2&&\U"X"Q>);[^T%DG2^@:[$<:S_OXQ<!)?9?'G_!4>R^%?["W
MB[]K/X@?L^:ZGB?P._B2Q\0_#O1;W[:(M1T0W/VP#41$D2616V:5+N5(B\<L
M0$/GR);M]2Z'J7]LZ+9ZQY/E_:[6.;R]V=FY0V,X&<9ZT`6J***`"BBB@`HH
MHH`****`"BBB@`KY<^`/_*73]I7_`+)'\+__`$I\6U]1U\N?`'_E+I^TK_V2
M/X7_`/I3XMH`^HZ***`"BBB@`HHHH`****`,'QE\+/AC\183;_$'X<Z#KL;+
MM9-9TB&Z!7!&,2JW&"?S-6O!G@KPE\._#-IX+\"^';32=)L$*66G6$(CA@4L
M6(51P!N8G\:U**GD@I<UM>YO+%8F6'5!S;@G?EN^6_>VU]7J%%%>5?M._`KX
MM?%S3[#4_@?^T1JOP\\0:8Y,5];PR7EK<IG(CEM&F6!LD8WLCL`<8(XJ:LYP
M@Y1CS/LK?K9?>S;+\-AL7C(T<165&+^W)2<8]G)04I6OORQDUV9\A_MI?\%Z
MOA_^Q=^W1J7[/'Q!M?#$/@GPUX)EUGQ!JT]]<G6;F]028TVSM$C.^=V\GR]V
M(GC:>4RHMN^?JC]F3_@H%^RK^U?I5G_PK/XKZ2FNS06WV[PE?ZC`NH65U+96
MUX]H51VCN)(8[N%96MWEC20E"^Y2!P_Q@\`?%75/`%SX4_:T_9.\/_'K0X1<
MK#J6DO:/J<$-Q;&VF$5C/;0")VC>5"\$YD*RD<#./SHU3_@DO^R%8:CJ_P`1
M?V==*TWQ'::+I=A&GP%OM+O-!\3-<VKW%Y.]J+B;SI9[N]ATFW,RL!';PS;)
M91%]DFSABJ4I*+]V79Z?=T?RN>AB>'<SHT)8BDE5I1WG3:G%+O*WO0O_`-/(
MQ?D?MQ17Y$?L?_\`!;SXP_LYSVW[.?[;7[-'Q@AUK1/`F@KX;T[Q%:6]EJVO
M0)%<C4M?N9=:>RCMX5>!(PLEU*7ENK>`;9G>)/TH_9A_;&_9S_:_\(1>)O@7
M\5_#^LWD6EV=YK_ARP\16-YJ7AYKE7*6U_%:3RBWF#QS1E2Q4O!(%9@I-;\R
MO:^IX?++EYK:'I]%%%,1Y+\7/V&/V7/COXSN?'WQ8^&LNKZE>69MKEI/$.H1
M0.AMY+?/D13K$)!%+(HD";UW9#`@&JB?L!?LL6GBN[\<:'X(UC1M6O;N2YEO
M_#WCG6--='=I6=8OLMW'Y,9::4F*/:F7/RU[+17*\#@I3<G2C=N]^57OWVW.
MV.9YE""A&M-)*R7,[)=K7V\CRW0OV+_V</#WPRT[X.67@6[G\-:/?7%WI.E:
MEXEU&\2SDFL9[&01-/<.T<?V>YG41*0B-(9%59/GKG;K_@F]^R!+JUOK.G_#
M:ZT^2&]:ZG33O$5]"EX[7,ESB=1-^\4332,`?NARHPORU[I39YX;:%[FYF6.
M.-2TDCL`JJ!DDD]`*'@<%)).E'3R7^0XYGF49-JM.[W]YZO[_,\>U;]@7]E7
M5V9V^'VHV?F::^G7`T?QAJM@+BS>VM+62VE%M=()HGAL;57C?<KF(,P+,Q-$
M_P#!.?\`9,D^(-G\1[GP'J$]UIVHC4--L)O$U^UE:W7VF*Z:5(/.V?//#'(Z
M$&-V7+*3FK/C7]N'X9V/B=/A_P#!;PSK?Q4\1-*8I]/\`1P7-O8.!TN[V26.
MVMC_`++R;AU*@<U+XNL/VO\`XU?!2YL=`NM,^#?BFZO(FL[B._BU^:&U!/FQ
MS*8$BCE8<#RGE`X(<'@<KI99-ODI*36ND5JUY_#?U9[\,!Q'0C3EB\0\/"=E
M>I4::C+3F]FFZKAW<:<E;N1?%/\`9]_9-\+>$9['QG?CPE9ZSI-GX;6YM_%=
MQ8R75M'<7$\%C'^]'FLTEU<?NP&>3S=N&P@'&:;J7QP\:P:=X8_9A_8^T+PE
MHWA;3K73/"WC;XN))#/;6\*J@2VTY4:[VK'C8TTL)9@0RCDUV_PD_8N^'W@^
MYT/QW\7M2NOB+X_T>+CQIXGNKJ<K+OW^9;6L]Q-#8\A3B`*,J&ZU[)5QPCJZ
MRBH>2M?OJ[::_P`O75,<\TRS*YN.';Q4E?WJBE&"=[7A!33DFDK.K:\6U*DG
MM^;7_!03QO\`M!?L1>//"%[X6^`7C']IOQMX^^V6<&K>(=>-EHGA]W0Q^6FG
M0I]G$3^:-ZL';;@9[-YI\#OV(_V\M?\`BK?>/?VL_`+V-A,R/_PC_AK03J\5
MQR0\%PIGLH98@I4+!)]ILLQC=;2XC9/UPKQ#]N?]O;X!_L$?#JS\8_&[Q7'I
MT^O3267AFWD=4%Y>A1LC+M\L:[WC!<Y`W9P>E<L\#@L%4EC,2TXPUC=/W;Z/
MJ^:3>B=N;HF[D5\^SK/(1P=-OFDN6232BTKM)148JG!*[<5[GVK(_-G]M?X=
MVWCG4X/A5\%OA%\7_'GQ&\,12WVH7'CZ/2Y8K*V@DBF^Q6NG6\D=CIT!#AV,
M$41*QI&VXM@_1W_!/O\`;W_9*^%W[.]K+HG@C7I?$.J:F#XO?1-#M=]QJT@+
MF&*&.1',<8.U%CC\M%!P3DLVQ^QC\)OVH/B)X*\0?&7P7J]CX7NOB-(VH?\`
M"?W5W#>SWUO)(TBK;P*KB./+R?.#"6W(P4[4Q1^-7_!._P#:$_99TBR^+G_!
M.Z[T]_&"ZRLWB?;9PI>ZM;/''&T2&\\Z-4WAY&7<H._.&,:U\Y@ZV:XFJ\S5
M!W:>\?AC=**C'F3E+EUD]$[VB[;_`*3AJ?#6-RI<)XK&1I2C.+ISYE&$IM?O
M%7J*$E&FW94OB<&GSI7T^D-!^,O[37QELY]4\`?!0>`=#CF*C6/B#$\VHSPA
M<F6#3;4DYP<J))06/&WC!VO"7[0'AGPWX8M],\5W7Q&UZ_MU<W6JR?!K787G
M)9F'[N'3PH`!"@*,D*,DDDGDOV0_^"B?P/\`VK/$>I_"?39[S1?'?AP-#K?A
MS5U16EEB^2>2UD4XN(ED##=A'P`QC0&O4Q\??@2VCZCXB7XU>$CI^CV%O?:O
M?#Q):^38VL[2)!/,_F;8HY&BE5'8A7,;@$E3CZ_`JE5C[>%5U+Z7OHO+E5DK
M>:YN[/RK/\OS/)<6\OQV%]A.-GRM:M-:2YG=M26JL^1[I',1_MB_"2218U\(
M_%0%B`"WP+\6`?B3IF!6S9_M%_#^^NXK*#P]X[5YI%1&F^%NOQH"3@;G>R"J
M/4D@#J2*9%^U9^R[-82:K#^TEX!>UBO[NQEN5\8V1C2ZM(EFNH"WFX$D,3+)
M(GWHT8,P`(-=#!\4OAE=>)[/P3:_$70I-9U"R%Y8:1'J\)NKFW*[A-'$&WO'
MMYW`$8YS7;*<(6YG:^GS/"C"<[\JO;7Y=S0\2W>E6/A^]N]<L);JR2V<W=M!
MI\EV\L>#N40Q*[RY&1L56)Z8-?G9^V9^Q+\,/&5CKOC#]D"^\;^!KO6E6;Q#
MX.E^#?B231=6EC8/',D":>PMYUP=K)&V2<`(&?=^D%%<V+P6&QU/DK1OY[->
MCW7]7/H>&N+,]X1QRQ66U>5Z7BTI0E9W2G!WC*SU5U>+UBTTF?E7^SU^WMKG
M[-D;Z3XFF\2?#;7ENQ'>_!SXF>#=9MM"U3YG'GZ!<_8VN-/1G&1#)')`N\`,
M%"E/T#^$'[4_A[XG^%O#NJ:M\._&NA:IKMK;R2Z;<^!=7D@LY90#L:\%F+<H
M-PS-N$>/FW8YK>^-?[/'P3_:,\/P>%_C;\-M-\16=K-YMHM]&1);OP2T<B$/
M&3M7.UAG:,]!6S\.OAUX)^$O@NP^'?PY\.P:3HFEQM'I^G6Q;9`I=G(&XDXW
M,3U[UC@L)B,))P<KPMIW^ZUON:7]T];BOB/)>),/#%0P_LL6Y>_9>YRVTY9\
M_,]=?WD9SZ>U:21XO^U]K&I?LT^+=+_;<\.:;/J%CI5DNA?$+P]8K(;G5=*F
MN$,-S`JAA+<V<K2.D;*-\=Q.HDCS\WR_\(/VG/V?OA__`,%=_'?Q'\)?%2QL
MO`'COX96^K7]_)!.+2[OEEMXU9/D^6;<)B<^LP(W$8_2*OR?_;(T+Q/_`,$S
MO^"C_@;]I/1K2_?X=7'F)IVGZ9N:.QT^1Y#?Z;$LI=4"R3RW2QC:G[X[-A4X
MX,W_`-CE3Q'V%.+?]WHWZ-/5=_5GV/AG_P`9/2QN2)I8JIA:M.E?_EZDU5C3
M>MN>$H)TY6T@Y)OW((_0/3_V\_V0-5NELM.^/.BS2L"5C3S<G`R?X*Z7P;^T
MI\#/B#XCM_"7@SXCV.H:E=!_L]I"K[GVH7;&5`X52?PKH_`_C;PI\2?!VE_$
M#P-K<.I:-K5A%>Z7?V^=D\$BAD<9`(R"."`1T(!&*U:]]-25UL?C%2G4HU'3
MJ)J2=FGHTUNFNC1D>//B!X"^%GA.[\>?$[QOI'AS0[`(;[6M>U**SM+8.ZQI
MYDTK*B;G=5&2,LP`Y(KPWXM_MY_L(W/A^V\4:1^VM\))[_PYJ,6IVD,'Q(TQ
MI)E3*SQ*%N`2SP/,@`_B9<AAE3]$TRYMK>]MI+.[A62*5"DD;#(92,$'VQ2G
M!3@XLQG!3@XL\B'_``4*_8%(R/VX?@__`.'+TK_Y(KQ_XF_M+_LW?'+]O3]G
MC1_@O\?/`_C2YLG\737UEX7\56>HR0Q'1B`TB02.54GC)&#TKZ4^"3:A:_#R
MS\,:S.TE_P"'W?2;R1^LAMV\M)/^VD0CE'4XD&23FO)/VF`&_;J_9K5AD&\\
M7`@_]@8TJ<N>"EW"G+G@I=SD/A+^TI^QWXGT9O!W@+]D=[:.^\06^FVNFP^&
M-)BMM5NP+B9Y8RTRAHX#;RN7F6-SN4QJ[-@>F_LR6GP6_:&^!WAOXZM^S?X?
MT.3QEH5GK-Q9W&G6=TQ:\@MKQAYRH#*`XB&YU1BUNC;%"I6+\0/&?P=\-Z7\
M0='UK]EO0IX_`=YI4]I975E8^3J<UW)_H]PN$<0;923N8%UP6QG@\EX3_;_^
M%OPM6_\`"^M_L]W?A*SL4@CTK3?#VG2-_:\B1Q17+60-M!;7%O;,OD/+',63
M9$&C3>BU99]!:C\"_@IK&JZ+KFJ_"'PQ<WOAN&*'P]=SZ#;M)ID<1S%';L4S
M"J$`JJX"D`@`@4S5_@)\#O$&L:GX@\0?!WPO?WNM1&/5[J^T&WF>]4HL;"4N
MAW@HB(<YRJ*#D*`/(_BQ_P`%&OAW\-_@/I7QSL_A_K5U%J^M2Z?;:3JD]OI\
ML?EVTET99'DD:-%-O&)57<7(D52H?<BW-4_;X\)V?BSX?>&+3X>ZJY\;V6F7
M5S)<OY+:;'J%VMG:X4J1<$S%MX5AL10_.]00#U>R^"OP=TTZ4=-^%/ANV_L*
MW:WT3[-HD$?]GPL\<C10[4'E(7AA8JN`6B0D95<4+']F[]GO3;S3M1L?@=X2
MCN-)GFGTNX7P];>9:2R@K+)&VS*,P)!8')!(Z&O*/BC_`,%`(OA3\3KSP-JG
MPBNM4TFPU:.SO?%V@ZD]UI]J[R*GV.9Q;CRM0`>.0VI^01L29@0%/&:C_P`%
M:-'M]6LK:Q_9Z\0S6&J[[RPU-FN!'#I*VSW*:C=;+5_(CG40);A3())+F-':
M$T`=C^W_`.&?#G@[]G[P#X:\(^'['2M.M?V@/AHMKI^FVB000@^--)8A40!5
M!))X'4FOI*OB3X__`+4>G_M-?`?P_J5GX,N-&2Q_:'^%TMDL]XLS7-E-XSTP
M03/M4>3*WE/NA.XI\N6.>/MN@`HHHH`\J_9Y_P"2N?';_LJMG_ZB?AZL;_@H
MK\%/%_[1'[(?B/X/>!_"46NW^KZGHA.DSSPQI<6\.L64]P&,S*F!!%*2I/S`
M;0"2`=G]GG_DKGQV_P"RJV?_`*B?AZO3M4U33-#TRYUK6M1@L[.S@>>[N[J9
M8XH(D4LSNS$!5`!)).``2:`/C?XQ?L7_`!-\3Z[^TMK/ASX16,TOC_Q-X'N_
M!\XN+)&OH=,BT[SG!:0&'R9()2/,V$E,IG*DKHW['?Q?N/VU/#WQ=\3?#"WG
MT#1_V@O%'BR+4)[^TD^SV=UX1MM.M;M8_,+[FN5EB"A?,7&XJJD-7T5HO[7O
M[)OB3X.W?[1'AW]J#X=W_P`/]/=TO_'5EXVL)=&MF0@.)+U93`A4D`@N,$\T
M[5OVMOV4]`^'>E?%_7?VF_A[9>$M>M);K0_%%WXTL8].U&"*)I998+EI1%,B
M1JSLR,0JJ6)`!-`'P!I'[`'[<7PNNO`_Q8\-V7Q$TP>$/&/Q;1O"GPGU3P=)
MK*6GB#Q8VH:;?6Z^)$FTLPM:*PE3?#<QK<@*?]=`_P!Q_L'?!+Q!^SK^R;X0
M^$/BEM:&H:;!=37,'B#6K+4+NU:YO)[K[.T]A9V=J5B$PB1(((XHTC6--X0.
MVOXF_;%_9&\%^#_#'Q#\8_M3_#C2=`\;-&O@S7-3\<6$%GKY<`H+*9Y@ET6!
M!'E%L@C%:&O_`!W^'_@6^\6ZE\3/B+X(\/\`AWPCI-EJ&J:QJ'C&*)]/AG\[
M,U_'*B1V,)\L>5*TK"7$G">7\P!S7[?GP7\9?M'?L+_&7]G[X=+;'Q!XW^%N
MOZ%H2WDWEPM>7>GSP0J[_P`"F1U!;G`).#BODKXF?LX?M4Z_X-^,WAA?V%KG
MQ5<_M$?"'2-!L;OQ!XE\/1KX'N;;2'L&TS5R+EG:SBN&>_BDL#J#&6[N1MBQ
M&S?1?P'_`."D?[/GQIL/C!X]O/B#X-T7X??"KQE;:+'\2)/'-I+HVL6TVC:;
MJ8OQ='9!#'G4/)`\R0'R=V_YMJ^@Z]^V!^R5X5^'FB_%WQ/^U'\.M-\)^)(Q
M)X=\47_C:PAT[54+H@:VN7E$4X+R1KE&/+J.I%`'8^!M#U'PQX*T?PUK&L/J
M%WIVEV]M=7\I.ZYDCC5&E.><L06Y]:\:_P""@WPC^(_Q3^&?@_6?AE\/(O&=
MYX%^*.@^+;SP1)?6]L^O6UC<%W@ADNF2W%Q&66YA$SQQF:UB#21`^8O=Z1^U
M9^R[X@^,UW^SCH/[27@&^^(=@C/?>`[/QC92ZU;*$60F2R64SH`CHQ)0?*P/
M0BN%_9V_;Y^%/[0'P,M/B)9ZMX>L/&,O@F3Q/>_#6+Q9!<ZG968:98Y'0*LH
MB=H6"RF(*3D#.#0!\Q_M3?L-_M)?M=)8'X8_LRZ7\#8M=^#7Q@T*\BAUS33)
MIVK>(9M">RN=073F*?:;Q[2]EN&MFNE0JQ:=V=<Z'Q=_9<^/_P"TWXRN_BEJ
M_P"Q'J_@W0_#?PI@\(?\*W'Q#TG3KSQ)=QZYI.HP7UA=:?/=6\4>G)I\YLUO
M/)::2X:*1;2)Y'/U-X'_`&VOV>]5\#?"[6?BE\7/!G@?Q)\6/"]AJ_A?P;X@
M\8VD-]>M<6\4K06J3-')>%#*J%HX^3CY1G%>O4`?F1J7[$G[??B[P'HOQ!^S
M^/\`2;KPE\=H_&45F]KX!M?B)XBM%T"XTTW-[+;QS^'+Z_BFDMS!)<C<T%LN
M^6*98G3ZX_X)S_`_X@_!/X/^(I?B<OCB'5_&'CS4/$=Q8_$+6M!N]2M?/C@C
M(D7P_9VVG6Q<PF9X+?SU$L\KF>0R';[_`$4`%?F7^Q1_P3A_:8^&OPNU+0?C
M!\#+2#4)_P!@SPO\-8(KG5M.N<Z_;2:\U[IN4F<!1]JLB92?(?<,.VQMOZ:4
M4`<A^SYX<\3>#_@)X(\(^-;=X=9TKPAIEGJT4DZRLEU%:QI*I=2RN0ZL-P)!
MZ@GK6!^U_P#$/]H_X8?`G4_%'[)WP"/Q)\<_:;:WTOPV=9L[%%2295FNG>\N
M+>.00Q%Y!#YL9E95C#QAC(GIU9GC'QIX.^'?AB]\;_$#Q9IFA:+IL/G:CJ^L
MW\=K:VL>0-\DLA5$7)'+$#F@#XEA_9Z^*.H_#/P;\5_#?[''Q.LO'?PZ^.<'
MQ$\1Z=XTU[PJFL?$*]GTF]TJ]N(Y;'5[FSC9+6]"PPSSVZ(EG;P*RQH#573?
MV=/VK/`WQ$M?VZ-(_9NUC4]=U;]HC4/&7B#X2QZ_HRZU:Z%=>$(O#D:0SO?)
MIS7D;VEI<R(;PQ^6\ZI([J@;ZJTO]M7]C;6[73[W1?VM?AE>0ZMXD?P[I<UK
MX\TZ1;S6$&7TZ(K,1)=*""8%S(.ZUL>(/VD_V=?"?Q:TKX!>*OCYX*TSQWKL
M9?1/!6H>*K2'5]07:S;H+-Y!-*-J,<HAX4GL:`/ESX@?LP_M.?$S_@DY^T3\
M+]0^%BV/Q+^,=AXYU#1?`IUNS>2RDU0W*Z?8370E^R^>(3;B5UE:%96<+*Z*
M'/TY9?%&U\'_`!$\%_L_:GX3U634M=\(WVI)J=NULUG9KIYLHI8ILS";>S7L
M>PI$\?RL&="4#\)\.?\`@I;^Q+\0_`OCKXHG]I+P/HOAGX>>-KCPOXDU_7O&
M6G6UI:WD<@B4R3-/LB2:3<(=[*9``0.<5T</[6'P^\2_$'X9>'/A5JNC>+_#
MWQ-L-7N]+\8>'_$$5U9"*RABD#1-"'2X60R%=RN`NW^+.``>J4444`%%%%`!
M1110`4444`%%%%`!7RY\`?\`E+I^TK_V2/X7_P#I3XMKZCKY<^`/_*73]I7_
M`+)'\+__`$I\6T`?4=%%%`!1110`4444`%%%%`!1110`4444`8WQ%T+7?%'P
M^UWPSX7UE=.U/4=&NK73M0=-PM9Y(F2.4CN%8AL>U?*W[&/[">K:W^P_%\*/
MV[/B-_PM:+6YAK&FZAJT$4-SIEM*D4J*D\"1M&P*@G;QC*DLK,*^N]3U33-%
ML9-3UG48+2VBQYMQ<S+&B9(`RS$`<D#ZFOF;X;W6J?M>^!?#/PJ\/275E\.?
M#>C:8GBS6T#Q2:[?101M_9MN3C-NIVF:;!#G:B'&YJ\+,8X=8^FW'GFXR2C?
M1ZK?>RWN]M%HVHH^FR3$YAAL).IAZCI*$X2]I&ZE%KFLXM-/FNERI.^KU2<F
M?*?[17[,GPX_:-U7PYXN_:%T_P`8^._V>/AS/?6NC?$"#3HXM9L(5BA1X&>V
MQ-J.E"2W7,QA;<R.'#A0XZ/2OV&OCA^S#^RG?_%S_@EE\5]4^+GB#7=%\$>&
MOAM'/>:5I,>D>$M(UF:^D@DN'\I;EI(KF\BG+;)2UQ*516RH_22QL;'2[&'3
M-,LXK:VMXEBM[>",(D2*,*JJ.%````'``KR;Q-^Q/\']5\<?\+"\%ZKXG\#:
MC)&JWR^`?$,NDV]\5<NK3P0XBE;<S99ERP.&R*ZL-A<5@XNTN>^KNVK/^[=N
MT5TC\[MLZL;FF1Y^U+%0>'J1TYX1BXS6NM2"Y/WC^U4B[2LDZ:=Y/\PO@9_P
M<5?&7]GCQ3XJ@_;YO=*\5^'O#NJ:M:7EAX6\,P6?BJV^Q"*.6]%HM]A;+[6R
MPQ)>6UG))%=)<+/,MO<HGZU>#OV@?@QXZ^#6G_M"Z!\1-/3P3JFG"_L?$FIN
MUC;26ISB<M<B,K&0-P9@`RD,"003XW\;/^"6GP'_`&A;:[MOBQX_\<:M]NTJ
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MPM[IKFJ3E)JZT:Y/9JZ>JYE)=&FM_%-'\`?MV^+99KCXB_M">#/"<#N?)L/`
M7@]KN:-.<9NM1D=6;!'/V<`D`X`RIT_CG^QW\-_VEA#I/QO\5>*M<T",0F7P
MJNMFST^YDC'RR2K:K%([;B6/SXR>F%4+ZQ14_5*,H.$[R3WNV[_)Z?*UC9<2
M9I2Q<,3A7&C.%^5TH0IRC>VJE%*5U;23DY+H]69_A3PGX9\">&[+P=X,T&TT
MO2M-MU@L-/L8!'%!&HP%51P!6A1170DDK(\2I.=6;G-MMN[;U;;W;?<****9
M`5Y+^UU^Q%^SM^W%X,L_`G[1'A&;5++3YVFL&MKZ2WEMY"4.]60C!#1QL/0H
M*]:HK.K1I5Z?)4BI+31JZT=U]SU]36C7K8:HJE*3C)7U3L]59_>FT_(_+3Q!
M_P`$.IOV3/B9J/Q>_9L^('Q`LM$+W.HPZE\,Y;*SUO1Y6)9HIM)AMHK?6K)`
M6*16[VUU"J"*WBF:0@^O_!#XO?M<ZS\%+/XCZQ^T/XJ\=Z=#YEN?&OPET;1M
M=LM\+@2?;=$ETRVU:WG7YHGM(9+F9&0;SN)6ONRO+OC+^R1\+OBU?GQGHS7?
M@GQO'=V]S:?$3P2D%GK4;P$F..69HG6[MSN8/:W*RP2*Q#QGC&AD?/\`\!M<
M^,?CKXH:I^T-^SEXM_9V^+>L-:Q:1XNFAM=8\%:Y96H=V2WOH"^I^7=AT+DS
M6ULTH4)MC5%8<Q#^PI:>%%N8?%/PZ_:!L4VZ?.^J^$O$OAG4;*V_LVZCN].7
MR!''<WWDS)N6&:SGC8N_F+*,$>J_$G1+:P\4I:?M\?LM>$_'VA6^G3?V5\8O
M#?@LWC:<FQ5DCO;,K-=Z<Q&7%S;/+``C-(UMM7=X-X]^*7[7G[*'C0>/?V#]
M3D^)_P``]6@*Z=97>HR^)8=#OH69+BT\YYDO+,-.#&?-GEAM\C$8\IX3SUJU
M'!T^>2LKZV3>_5V_%GN97EN:\3XU8:E44JBA[JJ5(QNHI)0BYR2;2^&%]4K1
M70Z;XGZ)_P`$W?BKHJ_!?XT_M+>.OAY!=:Q>3-H'Q&LSX;BGU"]FNW)A_MG3
MT@):>^E9$M3Y4S)$I698E4=#I_[!?[.7[6'_``4EN?\`@HI%KMS>7WP]GL-,
M\-ZIHFN%[:]N4M8I9U(1BC1*&MUX!W,9>?3AO@1_P74TS7?'&N?"+]K3X!S>
M$M3@BN1IE]X?F?5K&:2,2DVERJ)YL+E4`\Q5D@(RS21C`/K/["'@+]@']H[X
M`:5KND>$OAEX]\07`FO?&#WOANRGO[;4IIG>XCN(IHS-'LD9HT+@!HU1E)5E
M)\JI7P.;XFE2B^9+FF];;>ZDUOKS-OII9Z,]O'<.\2\&4:T\=0E2E+E@FXWB
MU*\^:,M8OX+)K76ZU1]:UX]^W#^T#HO[./P/;QY??$KPSX:O%U[2_L,OBO69
MK"TO$2_MY+BV:6"VN94\RW6:/<L#X,@SM!W"CXD_8I^%'A^PNM?\`?%;XG>`
M#;0--+/X7^(NHO;Q!%)WBQO)+BS)``/^H.X*%;<HVU\*_M">'_B9^U3\#/BG
M\;/C7\4=1\8?"OX`^'M5UV#3O'W@:RGOO%+65K-=2J\>GG3X(I]EMMY0>694
M!0$MC?-,?4PJA1PZ4JU1VBGMIK)OLDO/5V2U9X.49;2QCG7Q3<:%-7G);ZZ1
MC&][N3LMM%=O1'J?Q#C_`&^/"OP6\+_$;XN_MH>`I]0T#PIXW\9W/B_PO8ZC
M86L^C-IEJ]JQMO*N!>/#<WC0K@PD6\L,L<;SQ;&N>/O'?Q_\&_\`!6"_/AC]
MJ^'3O!EUXO\`"UIJWPX;P#J>IBZ6?2Y;9RUX)((+7Y[BW.$:2-7FMYY`S0M;
MR^7>)/\`@H)X.\>>#X/"OQ&_86^'7Q'\&>"OB-:^!O#-QX;^*BK!<V'D/.EZ
MJ:A;QVCV<ITB:*V\V\9+FZM(XF,),<C3:Y_P4+_82^'/Q9\.^&OBC_P2V3P;
M-\5-%T'5M1@\5>%;<S,FH:LU@)VL[:UN(7*V\TMQ(^])9-H@==X7'J0Y^1<^
M_6VU^MCR:GL_:/DORWTOO;I?S/N+X&?MU?`+]H;XD3?"CX?7/B!=9BTRXU!(
MM6\,W=I'+;0+I[R.LDB!?]7JNGRJ"09([I'0,NXC9_:T_9QT#]J;X):E\+-7
MEAM[PLE[H&H7$`ECLM1BR8)GC/$J!B5>-@0R,R]Z\F^#?BS_`()._L\_$F#6
M?A9XX^'7@KQ-XPTXP6;7FN#3Y=7@W+)Y42W3J)BNU2$4%D5<`!017HU_^UL-
M/UB-!^S=\4+W0991Y?B_1=!MM1L)(6&4N(X[2ZENIHF&"#'`Q((.,<UEB/8N
MDX5?A>C_`*Z>IZN1QS6&80Q&7.U6DU*.L4[IZ64FN9_W5=O:S/BK]A#]H/XA
M_L*?$C3O@9\<[\+\,/%NNW>AZ.;:(3IX4\5P7*PWEE)*#N2"65FD0,7'ERP2
M*5!F-?IE7YF_M]_"'X[_`!)\#_$']J^W^`>GVOA+7;A-)U'P;=:1/%J]UI]M
MO%OXGEWD-:WB2':J>4&%N0LQ="0OM/\`P1U_;"N/C+\"K;X"_%OQ%,?B'X,@
M,<EMJ<31W.H:5\AMKI0P&]521(BW4A%8YW[CX.58IX3$_49WY6KP;[=EY/=+
MIJMDK_LGB+PY'B/(/];\&H>UC)0Q4*;3Y9-)\\DKVE%M0JRU4VX5+\TIJ/V3
M1117TI^!G+^';Z73OB;XA\,W0<B]BMM6LY"IVE3&+:2,'&`5-NC8/_/88)Y`
M\A_:7_Y/K_9K_P"OWQ=_Z9C7KOQ%?3-!U;0/'U\HC73]1-G=7?`,=M=#RBI)
M(`0SBU9CV$>>U>$_M^6/[3?AKXR_!;X]?LW?LK:G\6W\%ZGKHUWP_I'BS2M(
MFABO-.^SQRB34KB&-@'ZJI+>U94]'*+[_@]?\U\C*G=.47W_``>OYW7R,WQ]
M\4O@C\:M%^,>H>,OV69_$'_"&.8)K=;EY)M>6.?4-+9ML"EX`C0W70.PB<.!
MNRJ^5_"OXR?L':?/;>*[W]D"YTFSU'0;?3='GM[NXO)G;2+6RMY;-;:X\LV\
M<,=_$J2?*9UBD>1494#=7_PU)^WCNOW_`.'`'B?=JLGF:H?^%M^!<WCX8;I?
M^)A^\.&;EL_>/J:AB_:2_;A@N/M<'_!OCXA27RDC\U/BMX$#;$78BY^WYPJ@
M*!T`&!Q6IJ=!^T5\=/V2[#]DJRO]0^!4FI^']:U\I:>'-3U'^R/+FMK-KHW$
MERKL8/\`0X=RA26<,L3*"SA9OBE\7OV4/B+XS^$'A/QE^SS+K(O=$M1I4E\7
MA/A^SUETTR%%3[MP)&&QP&_=I&)!RR`\]K/[4/[=WB+0CX7\0?\`!O\`>)K_
M`$PS),=.O/BUX%E@,BXVOY;:@5W#`P<9&!2ZM^V;^V/%?Z5<_%7_`((EZQH-
MC:&6*SU[Q#\6O!TMOIBK`\K\P7<TD2>7"<E$P`HW8`R`#AKSXG_\$X_"WQ>\
M1>&?`'[)$^I6FG?$];CQ1XETK4YWLEU:5[JV>Z=())`)6E>Z$<<HCCD$4TFY
M"D>^Q/\`'#]@OXJ7OBWQ)X"_9DMO$JV,WA?7M9N%\279-U##OMK*5;>U6>2(
M6T4D.Y)HX;<&=_-D7RVDKKY_VK_VZ?$075IO^"!7BB^6<1RQ7-Q\5O!`:0!6
M\MB);X.I"NV`P#+O8$#)%%_^T[^W7JJ11ZI_P;]^);E8%C6%;CXL^!'$8CSL
M"YO^`N3C'3)Q0!1^-3?#:P^&>N>%_`/P:MO!UU8_MF_#V;Q$MI-,R:M>W/BO
M0+@WX$\43@R)(F=B&$LK&*249>ONJOS^^(OC+]OK]H&3P;\*H/\`@C;XA^&^
ME2_&GP9XC\3>*IOBCX/F@L[73O$.GW]U<RP6=\9IV$-L_"*SM@``G`K]`:`"
MBBB@#RK]GG_DKGQV_P"RJV?_`*B?AZL__@H1\#O&W[2/[&7C[X*_#K3].OM9
MUO2$%EI.L7/DV>J^5/%.VGSR;6V0W*1M;NQ5@%F8D$9%:'[//_)7/CM_V56S
M_P#43\/5Z'XN\8^$?`'AVY\7^//%6FZ)I-F%-YJFKWT=M;P!F"*7DD(5<LRJ
M,GDL!U-`'QK\2/A1\=_BMXO\"_M3^'/^">)\'3^`_B_%XJ\0_#N?Q!X>'B'Q
MRB^'+W24NYFM;AM.^UVDEQ;-:^??MNCM%W/;E449?P1_8G^/+_M*^"?VB?B+
M\)5TK2;OX[^*?'W_``A]_J=C<2>!+:]\+1:7;Q-Y,\D+W$MW%-<2?9&D1);Z
M0[FPTK?3TW[<?[%-OH_A7Q#<?M@?"U-/\=7'D>"+Y_B!IHA\0R^;Y/EV+F;;
M=MYO[O;$6._Y>O%;/B+]J#]FGP?\1+;X0>+?VA_`NE^+;V_BL;/POJ/BVS@U
M&>ZDB$T<"6SRB5I&B(D5`I8J0P!'-`'Y]_\`#!O[3O@3X7VPTW]G?XA1^*4\
M6_$^VTW4OAQXO\*7"PZ-K?BN[U&VM-3TG7Y/[.N],N8&MY7\MS=QY,8B0LY'
M?:Q^R=^VPKVGQ<\8_!7PSXC\1:#:_"W5M:\'>%M2M;+3?$5YH\&I)JMCIRW$
MBI#]GENXI[47)AA>2WA4R1C<\?V!:_M8?LM7WPQU7XVV7[2O@";P9H5U+;:W
MXNB\96+:7I\\3;98I[H2^5$Z-\K*[`J>"!5.U_:F^$'B_3_!/B_X2_&3X:>(
M_"_C#6KFR@\01?$.W$=TL-C=73C33"DT>HSK]F+/")(MD"7$Q<^1Y;@'P3K_
M`.PS^VIX\\4^,?VB/#/P9\8_"YG_`&JX/B1I_@CPSK_A.?Q!J.F'P7;:2TT'
MVQ[W1A?K?^9.8KIO+W)(8YE;R;BO8OV3/V+OC'X+^*7P[^*_Q$\)^,;@Q>./
M&7B?66^(^O>'+O4]%GU'3[*T@)BT*UM;&W>8P3R/%:+<*DEQ,S7#^:<?3_PL
M_:S_`&5_CIK=[X9^"7[2_P`/_&.I:;I=OJ6HZ?X5\9V.H3VME/&LD%S)';RN
MR0R(Z.DC`*RNI!((-6/AM^TW^S;\9=&U[Q%\(/V@_`_BO3_"UQ)!XGO_``WX
MLL[Z'2)44L\=T\$C+;LJJ6*R%2`"3TH`^&8?V7?V]_'/[5'PBUKQ7\"(?#GA
M7X8_M!:QXLU6W\-6?A?3?#MU97T&LPI?V:P3S:I=W7^FPR7+W'V/?)+<2?9[
MEFC-O%\"?V,_VJ;CX3_`KX'W_P"R6WPPD^#5QXCUGQ#XEC\1:--;>(Y=0TC5
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M:]K4NG6=S-_"DUU%;7+P(>[K!*1_=-?&:_\`!3O]L31/AG^T%\8_'G[%/PTM
M-`_9R?7K7QB-(^/&H7=YJ%[I_AVWUI([**3PS"CPRB\M83++)&T9,SB.3RT6
M4`^XJ*\[^"?[5W[.W[0'AC4/$?PK^./@O7SH$:CQ;;^'_%MI?G0)]FZ2"[,+
MG[.Z88,)`A&PY`P:U_@W\??@3^T7X6?QS^SY\:O"7CO1([AK=]8\&^([75+5
M95^]&9;:1T##NN<B@#K:**Y#QS^T%\!?ACXQT7X>?$KXW>$/#WB#Q)=16WAW
M0M<\2VMI>:I/*SK%%;0RR*\[NT;A50$L48`'!H`Z^O$?^"D'P5\8?M&?L-_$
MGX&^`?"L>N:MXG\/-8VFD2W,,2W>Z5"T9>9EC`*!L[F`KM/`_P"U%^S-\3O$
M/B3PC\-OVB?`OB'5O!J[O%^F:'XNLKNXT,989O(XI6:V&4?_`%@7[C>AIG@?
M]JO]E[XG?#+4/C7\-?VD?`7B'P9I/F?VKXMT/QA97>F67EC+^;=12M%'M')W
M,,=Z`/F?]H[]BCXF^-=5_:HU+P/\(+&=_B)\/O"FF>!)$N;*+[;<V"76^-=\
MB_9_*<VQ#2;`2D94GRQM\Z^*W[!/[3NM_M-?$K0KC3?BGJ?@SXH?&#1_%Z:C
MX2U[P);^'X([2'3!'+J,FJZ9/KMO=6TFGCREL?/4B*$I);,[E/N3P-^TK^SG
M\3_!VC?$3X:?'[P3XB\/^(M6.E^']=T+Q59W=GJ=\-^;6WFBD9)IAY4G[M"6
M_=OQ\IQ5\<_M9_LK_##3-4UKXE?M+_#_`,/6>AZN^E:U=ZYXSL;2+3[]((KE
M[2=I95$4ZP3PRF)B'$<T;D;64D`^2O$WP>_;3^&LFMQ?#?\`9=?6O[,_:-U_
MQ?9>((+#PSJ6JRZ=J=K=-#=Z$FJ:I;PVEQ')<&WN)+IH)/*,RQ)*LNX._P""
M>?[%W[4GP*U'X>3?&7P?,LVB_$GXG:WKNI7&KZ9-(8-;OOM5E,XL4@B:202$
M.L%O$B.CXBBCV"OL'3_VC/V>]6^+C_`#2OCOX,N?'D>FC49/!-OXHM'U=;,@
M$7)LQ)YPBPRGS-FWYASS3/AQ^TG^SK\8_&&O?#WX1?'SP5XJU_PM(J>)]#\-
M^*K2^O-(9F956ZAAD9[<ED8`2!<E2.QH`[6BBB@`HHHH`****`"BBB@`HHHH
M`*^7/@#_`,I=/VE?^R1_"_\`]*?%M?4=?+GP!_Y2Z?M*_P#9(_A?_P"E/BV@
M#ZCHHHH`****`"BN>\1>,O$&G:TOA_P]\.=4U24QAVO1)#!9Q`Y^]+(^XG(Q
MA$<C(XQS5*ZL?C=K<HC.N^']`MW_`-;]BM9;^X4<<))+Y48)Y.YHF`SC:?O5
MFZB3LDW_`%W>AFZBO9)O^N[LCIM1U.RTF%;F_E,<9<*9/+8JGNQ`(1>.6.`.
MYJAX=\>^#?%]W<67A7Q':ZBUJ`9Y+*3S8USV\Q<H3Z@'([XK)/P7\'ZEJL.N
M^,Y;[Q'=VYS;MKMUYL,3<_,MLH6!6Y^\(PW`YX%=;1%U6];)?C_P/Q"+JMZV
M2^]_\#\0HHHK0T"BBB@#QW]O#]C[0OVZ_P!FO6?V</$?CC4O#MKJ\T,C:KI3
M.)HC&^['R21M@\]'7MUZ'8_8\^!LW[-7[,7@KX&7.JW-[+X<T2.WFN+R<RR>
M82792Y9B^UG*ABQR%!S7I59_B;Q9X5\%Z8=;\8^)M/TFR#A#=ZG>I!$&/1=[
MD#)],UR?4\-'&?6[6GR\M[NUKI[;=-]SOAC,;5P2P$=8.2DDDK\UFM':[WVV
MOLC0HIL,T-Q"EQ;RK)&ZAD=&R&!Y!!'44ZNLX`HHHH`*9.L[0.MK(B2E"(WD
M0LJMC@D`C(SVR/J*?10!XE?_`!@_:T^$%M+<_%G]GVT\<Z;;6\L\^N_"J\"7
M(`^['_9=_*'+>\=Q+D<[1TKK_@K^T]\$/V@+,M\-O'$,U_"/].T#4(WM-3LF
M`!*S6DP6:/&1\Q7:>JEA@US7[?VG?M4:U^R)XUT+]BTPQ_$>_P!*:V\/7<NI
MI:M:.Y`::-WC=2ZJ3QE&`)9'#JH/Y'_M._\`!3/]H7X->+#X/_X*4_L/:3I5
MGI=IX53PC=R^(5;Q9::4;:_DU'4YM9M)TDDNGCLE5+80(&N[N.)@"%\WD=/%
M4M:<N9=I?I)*_P!Z?J?20QN08]<N-H.C+_GY1U7FY4IRY7_VY.DE_*S]TZ*^
M3-`_:9UGX0:UI?P9'[2?A75_%EWX=T'6K;P;\7/$=O87[V^I/=1P65IJ,$86
M^N3)9SIEH78$1,W$H)]<MOVOOA=X9U[1OAY\>+^+X?\`B_6(#)'HFN3,;7=O
M*K$FHA!:2R,`&6-9/,.[&W((J_K,(Z5/=]=OOVOY7OY',\AQ=>\L"UB$K_P[
MN225VW3:5112WER\B_FVOZO13+>X@NX$NK6=)8I4#QR1L&5U(R"".H([T^N@
M\38****`"BBJ@U_0C>?V<-:M/M`N_LI@^TKO\_R?/\K;G._ROWFWKL^;&.:`
M+=>2_$G]E6UU+Q'J'Q2^`7C^^^&WCC4)UN;_`%C2;<7&G:Q.J(@.IZ:[+#?9
MCC2,R@Q7(10L=Q'@$=9+^T!\!H-,O=:G^-OA%+/3;=;C4;M_$EJ(K6)I?)62
M1O,PBF4&,,Q`+C;UXKEOC+^T;HVE:AI_PA^#WBG1=5\?^)-1?3M,T^.^BF_L
MPH)3<7ES&K;A'`L,I*'EG38!][;AB,12PM+VE1Z;>;;T27=MZ)=SHPN%K8RL
MJ=-:ZM]DEJV^R2U;Z(^9?C_XZ\`?'/XE>'?A)^VC\$]'LM%\/:W-!X[^*&D:
M"][H3W44:-#8G4#'YVD1RJ^^625ECB,7D&=F96;TGPG_`,$@_P!B/0IV\9>$
M-,\1VVMS01?V/XRTCQ;<6VJ:=&`<?9KRV9'",I`(8NI"KQWKYT_:T_X))?\`
M!1[XH>/_`!1<_`;]KGPEI7A77/`$G@T:5K-SJD-Q>17J/=ZGKER]N&4ZC)J;
M)L7#*+:W1?,!9E'SO=?\&[/_``5.TWX<VGA/2?VMO`VI7J6=Q;0+=^/_`!'9
M:;HL<U[<32FULXK:1#/(IMR)D-NL>94,,S;9SQ8?+Z4G]8Q$$ZLM6^W:*?DM
M+]7=]3Z&?%>=X3"O+\#BJD<,K+EYFHRL[W<=O>>MGTM%W2/OKXS?!+_@J=\&
M/"VH_P##+G[5%O\`%"RO%N(;;PQ\1/#5E;ZK8(T4A1H-8@FMURK!5!GMIVWN
MI)5`=D/PA_X*4?L^_L_)I_[.7[1'P9\:_!6\TBP1()_%.E?:=-OYF?$KQ7EJ
M9&E+2LSM<2QQQNTF=Y9L5\+_``C_`&%OV[/`'Q`\-?L>?'3Q]X3\+2Z=\<!X
MZ\.RZ[\8=42'QA8/I=G8'3-,E6Q?SFAET^2[^SS/'.?..;=8\SM[]\.?^"8G
M[5?[/_[$_B=/C'\0=)\4Z]I5YJ5_?>$+'Q1J>K6'B71XX`]NUS=7L<4J:U'(
M)9!>6T,$;,$7R=I(HQ-&KAIO$T;R:5K/6T=W;JF^NKO9:.R1W</U\HSRLLLS
M1*DIRO&I!*#YWI%227(XZOE]V-F]:D(N4E^BW@3XF?#?XI:1_P`)!\,?B!HG
MB.P^7_3M!U:&\A^897YXF9>1R.>16W7X;_LR^)/B_P#'SXB^(/B=\,/A#XGN
M_'WAG3I-1/Q1^'NJ6VC:]=QC<(H-5(C6VUR-F12_VF*61BG+.-JU^C'[,GQ\
M_;'^)&A>((=$U;P;XKU;P?JG]G:[X-\;P/H&NVLWE[A]HO+(7%M('!#QRI8P
MHY62+:A1I`LOS?#9@ERIJ^UU:_>SV;7D_P!;=_&WAGGO!-22Q$H5%"W/R34G
M"]N5RC\48RNN5RBM7RO>+E]2:_X>T#Q7I$_A_P`4:'9ZE87*A;FQO[9)H90"
M"`R."K#(!Y'4"O,+']A+]DGP_J-QK/P_^">F^"[V\F:6\OOAY<3^')YW;.YG
MDTN2!G+9RV2=QQG.!69X8_;E\$6_Q#C^$G[07PW\3?"+Q!><:"OCY[`:?KV"
MJM]BO[*ZN+9V#,H$$SPW#!@1#@-M]M1TD021N&5AE64Y!'K7JGYR>$_$?]C/
MQUKWA'6?"OPO_;/^)GAJWU73+JR&GZM+8>(;-$G4J=YU*VEO'VAGVXND.6&X
MLJA1\:?L;:;^UM^PQ^VAI'[,/QBT;X?^+]5UCPO)I?A#Q=K,5SH[SV-NWFPV
M]OJ$:7)E&P.#;RVX975(TFV(B5^H5>6?M8_`[7_C+X0T+5?`$FGQ>+/!?BRP
M\1^&)M2=XXI)[:4&2VDDC^=(YHC)$V`1AQD'''!C</*;C7I_%#7U75>MMO,^
MSX3SRCA*=?*<9_N^)7*W=KDG9J%2Z^S&37.GO&Y5UGX\_M&>%4E&J?L-^*M?
M>)Q&/^$&\8Z#<+*W=T.IWNGGRAZL%<Y'[L<XR[#]O'P'ID_V#XQ?!'XL?#VZ
MR%V^)?AY=7=L'&=Z&^TD7ED"OJ9]KC)0NH8CYU_X)3_\%(?C9\?OC5XB_9N_
M::ODO-<M=-:[T34%TZ&UD+PRM]HMYHX44!PLL8!V@#R&!)9@3]]U>!QU#,,.
MJU*]MM=TUT9Q\7<)9MP5G4LLS'EYTHR3B[QE&2NI1;2;3VU2=TU8\XC^./[,
M?QVLM1^%_A+X_P#@K7+K4+%H9;+1/%=I<W*"3Y%=4BE+`AB-I&#N`P<UXG^T
MUI7A_P"-OQY_9C\-_$6QCU?1];3Q%=:QI+3LMO=3QZ+YB[U!4$I)D@,!M/85
M]'?$WX,?![XUZ-_PCGQE^%'AKQ;IQBDC-AXGT*WOX=D@`==DZ,N&"@$8P<#/
M2OCVX_9G^%G[/7_!2;X+:7\-/#5UI%LUSXC>STZQU>\72X+*;1I/*C2Q\TVD
M4JR03KYB1K(T:QJS$*!6\O=JI]]/U7ZGR<O=JI]]/U7ZGF'PL_:6_8(^(VI:
M-IM[^Q9X5TR62_L[#Q79C6[ZYN]+O+BZO+8VMM#%8$ZC)!)9L)VC*PJ;JT\N
M683970\4?&C]C.'6M:TWX??L#:%JJZ??VUOI]KJ^KWFEZE="6]M;%4EL9;)I
MK6>26\ADA@E`:2".>1S"8O+;Z/UO]H#PYX9^#W@[6KWPY\/K#Q?)XU.@^'?#
ML\`$!N?MMQ;'[,V5>U!CM9Y?-VD`0N-I[<I=_MZZCX6\6ZQH.N?`70]4\3Z5
MJ,G_``D,]G>QVL,/ES6$%J8KE1<_;6V:G%EB86B"RJ4#80ZFIY1\7OBW^PYX
M`\;>(?!WA']A?2]6?0M/G9%URYO-$NKJZAMWN'`MKJU\Q;1EC:&.[P5EN&CC
M5"CB6OHCX<_L5?L)_'_X->&_'^K?LJ>%9;'Q)H=KJ:Z9>P&YCA\^WR4);`8A
M970G:,@MP`2*XCXV_MW:);_&'P#X"'P3\.W\'Q"\%Z)J<#>)XBT]W#?7@`LH
MF6-T9D*J=K_+YC*W8;O5]<_:3\3:!^T/K'P(T_2]`2&#P=/J'AV:^U""W%S>
MQ^4JVO[JYE=5#2*&,\5L?F'E"<+(R`%X_L#?L<DY/[/N@$GJ3$__`,51_P`,
M"_L<?]&^:!_WZ?\`^*KSKPO^VU\6?&=QI$'A7PUHEX\FDWL6OQ7=DULMGJ\6
MIPZ?##'-'=SQS0S.UTZ.I(:.QE8.2=J\_/\`\%-?%$'QH\*?!.W\!V%U<Z_X
MNUW1IM86WG^R*+72KZ]M"DENUQ;EY39Y=5N',<4L98+(SQQ`$G[:G[+7[/\`
M\%O`_@/Q_P#"CX8V'A_6H/CU\.K>+4M,>2*413^+=*AFCR&Y5XG=&4\,K$'@
MU]B5\H_M8>.M4^*'[%GP8^)FMV-O;7OB+XL?"+5+RVM2QBBEN/%.B2NB%N2H
M9R!GG`&:^KJ`"BBB@#RK]GG_`)*Y\=O^RJV?_J)^'JJ_MY_"'Q-\>?V4_$_P
ME\(^%XM:O=8ETY/[+GEB1+B%-0MI9E8S,J8\I)"03R!@9)`-K]GG_DKGQV_[
M*K9_^HGX>KM?B/\`%/P#\(M&LO$/Q'\11Z58ZAKVGZ-:W<T,C1F^OKJ.TM(6
M**=GFW$T42LV%WR*"1D4`?#G[=O[%7[2GC?]IWXC>-_`7A[XE:]X1^*_POTC
MPA>:=\.=2\"10+%;MJ"S6FK#Q5I]Q+#8D7OF"33S,Y,DVZV+)&SW?BQ_P3]^
M+6O^"OC_`.&[+X5PZY<^--2^&\'AZ]U+5K*:?6++1X]+6\,LTAB_U9@NF/F)
M$9#N*)\X!^JO"_[8_P"S/XUO]8TOPI\6+*_N=`^)#^`=7@M[><M;>(UB29[`
MCR^66-P[.,QJ`Y+C8V.9\)?\%(_V,_&FMW>BZ7\6;FU2VT&\UN#5]<\):KIF
MEZEIMHF^ZO+#4+RUBM=1AB0AG>UEE50020#0!X_^T5\$_P!JSP9\2/B'\2OV
M??V<])\20Z[\2/">JP".VT:YU*.TLM(:WFO],M]2NK:U%]%<);1AKF:#$'G-
M&7=8U;Q;X,_L&?MSZ=XUB\1?$GX>:G=,_P"UMXG\=M?ZMK^A&?\`L/4/AK/I
M$%Q(FG^3`DAU*7R'ABBW*[-(3,FZY?[N_9]_;!^`/[3^HZWH?PA\3ZK)J?AV
M.UFU?1O$?A'5-"OH;>Y#FVNEM=3MK>:2UF\J7R[E$:&0Q2!'8HP'HFM:QIWA
M[1KO7]8N?)M+&VDN+J;86V1HI9FPH).`"<`$T`?F5K7_``2]_:R\5_LE_L[_
M``)\*>%[;P7K_AO]B?QE\._&6LIK%JJZ)XBU+3_#J6\$C6TK/.K7%G?%I;<2
MHI1FW9=-^MIW[!O[77Q.\&>/-0UW1/BC'K4'PHM?"N@Z%\8?%'@:#2M<^SZG
M:7W]GQQ>$M+0FR9+22U2ZO)%=([Z=?L:AV(^HK/_`(*G?L5ZIX*T?Q]H7C;Q
M=JECXCBFN/#,&C_"7Q+>7NMV<45O++J%C9P:<US>V")=6^Z^@C>V5I54RAOE
MJ]XQ_P""F7[$O@G4/#^E7GQG?59_%/@Z'Q9H">$_"^J:Y]KT&1V0:H#IUM.%
MM$*_O)V(2$%6D9%920#R_P#9P\-?M"V'[;/QE_;*\3_L(^*/!6E>*/A9X-T;
M2/#<OB'PW/J^L:AI][K/VHL+74WM8RD-W:A6DN`&B1,'>&B3[(KQ/XL_\%%O
MV-_@I<64/CKXP%HKOP_:Z_/?:!X=U'5[33-'N686^J:A<6%O-%IMC)LD*W=V
MT,!$4C;\(Q'G/[9W_!8+]FG]E/X=_%K4O#%AXH\=^+_A/H+7FL^'O#?@/7KJ
MP@N9-,AU&TBO-5M-/GL["&:"Y@<7$L@C"L_),4BJ`?65?#OQ"_8]_:,US]D;
M]OOX8:7\._-USXU^(_$]U\,K'^U[-?[9BN_!>D:9;MO,P2WWW=K/%B=HRNS<
MP",K'W/5?^"B'[*WAK4M&T/Q9XOU_3;S5=(L=1NQ=?#W7$AT&"\`^S'6)C9>
M7H;2$X5-0:V8D$8R#7GG[=O_``5&^''[-NG:AX"^$>K)K?Q#TOQWX0T#4;.Z
M\'ZM=Z/8MJVMZ;;3VMQJ-O&MG!?#3[R2YCMI+E9L>5(8GC8!P#@?VM/^"?'Q
MH^,'A_Q-X"^$W@S3M&L=5_9BT[PA`RWME;V]QJ%GJL=T-+D5HKA1&\"S0B22
MVG@5;AP4D!:-NX_X)Y_!+X]Z!\:_'GQX^.WAWXN:=<ZSX8T70K)_B[X@\%/>
MW:6DEW,=EEX0LH[2.*(W6Q+B:YEGDW.GDP)$C2_7%>,_'_\`X*`?LI_LP>)Y
MO"?QH\?:KI\]C807VN7>F^"M7U.QT&TFD,<5SJ=Y8VDUOI<+LKXENY(4*QR-
MG:C$`'LU>$^//@!XT\7?M@ZY\5K#28[.RO/@7-X7TGQ3YL7FV=]-?RRNB*&\
MU1M\F0L%"G8HSD8K0^!W[9'ACXX_M.?%?]F_1O!VNV<WPOFTV*75[WP]J$-I
MJ1NK5;AGBN)K=+=@/,155)',B@RKF-@:]AOKK[#937OV>6;R8F?RH$W.^!G:
MH[D]`/6@#\OO@;_P36_:'OOA+8?!;X[_``5^(WB&V\"?`/6?`MEHGC'Q]X'T
MKPUJBWME!:S:;I5YX=T;^V/LDQ@1_/OU@>-HH9&BGD!*[GA;]DC]N3Q1HWBG
M5_$'P,UO4O#NF>,/`GB#0_"7QHN_"/\`PEWB'^Q]0DN+K39=1T%Y+2ZLH(C"
M]@;^3SQ<HZRR1Q$.?:_"?_!27XFCX4?M*?%#XF_`VTT:[^"_C"WT;PWX2_M5
M?M5XUSHFDWUK!>W"L\*7#W&IK$_D[HX_NJTVWS7Z+X*?&?\`;`^-7@?QJ?A7
M^T-^S'\1;RUU.TL_#OB[P7)J#66B3EV6_M=2T^&]NS<36RA6CV7UL;EG9'2S
M""1P#R75/V<_VG?%7CCQ)^V/9?LFZAX>NI_C5X9\6V'PA7Q+HHUO4H-+TVYT
MZ[O9Y8;IM-6^N$N5V1F]96BLK<23HQ,<;?V<OV1?VE-1_:ND^/\`\9?V>1X?
ML;K]J37_`!Y96E_KVG7LVGZ9<^`+#1[6Y?[/.X\[[5%-`R1ERC!F!:+9,WT/
M^QM\=OC)\2O$_P`4_@Y\=[WPGJ_B'X6>,[?1+KQ5X%TJYT_3=56XTRSU%!]D
MN;FZDM+B)+Q(Y8OM,XX20,OF^7'Y3X*_;D_:8\6>*M(^.$4/@)_@WKGQXU/X
M90:!_85]'XAM3;:I=Z-'JQOQ>26\RRZC:8^R?9(BL$ZN;C<AC8`ROA1^S?\`
M'OP%XS\5?`WQ-^R39>)AK7Q=\9>,M$_:`U?7=*$&@6^L+>/;2VL3/-J7]IV\
M=S%IVQ8(8?LT98704"`\Q_P38_8G_:,^#_Q'^%T'QQ\,?%&RB^#?PUN/#6G7
MGB/7?`9\/CSHK6&2VT@:%I<6JW5JYMDESJ+6K`PQ,T<TF2O8^&_^"@/[0GA[
M5_AM\:?BR/`MS\*/C%XYUK0/"^E^'_#][#K.A16NG:OJ%G<W5[+>R0WOVB+2
M)-Z):VWDM,HW2!2:VOV0_P!K']LOQIXS^$EQ^TYH_P`/?[`^.OPUNO%7AS3_
M``=H][:WOA&ZBBLKI=+O)Y[VYBU3=;7I!NHH[0"2T?$++*NP`^N:***`"BBB
M@`HHHH`****`"BBB@`KY<^`/_*73]I7_`+)'\+__`$I\6U]1U\6:!J'QTTC_
M`(*P?M':I\#O#/AK6IX/A#\-6O\`2/$.IS6378%QXK,:P3QQR+&W#@[T*DLG
MS(`29G)0CS/\-3?#4)8JO&E&23?6345\Y.R7JVEW:/M.BO/-7_:9^&O@2SL4
M^-%U<>"K^XTN"[OH==M)5M+-W12\!OU0VDC1LVUBDK`'!Z,"?0+>X@NX$NK6
M=)8I4#QR1L&5U(R""."".]*%2G-M1>WX>O8O$8'&82,95J;C&5[.WNRMNXRV
MDO--H?1115G*%%%%`!1110`4444`%4?$UYK^G^'[R]\*Z)!J6I16[-8V%S>_
M9HYY<?*C2['\L$]6VMCT/2KU%)ZHJ#49)M7\GU\M+/[FCR/PKX#_`&P/%2M?
M_%WXZZ%X8+7)9-)^'&@I-Y40!PC7>II+YISC+"WCR`<!=PV]/<?L_?"[7]<T
M[QA\1?#-GXNU_2[1K:SU[Q)IMM-<1QF1I!M5(DBC8;RNY(U8KP2<G/:T5C'#
MTTK.[]6W^>GW'J5LZQM2IS4N6ENOW<8PT>EN:*4FK;\TG?K<****W/)"O/\`
MQ;\,OC3<WE[JOP^_:5U&PFN9F>VL->\,:??V%HI)PB)#';3LHSCYYV/`YZY]
M`HJ)PC45G?Y-K\CJPN+JX.;E346_[T(37W3C)'CVG^-/VS_`UXD?Q$^$7A3Q
MIIY/[W4?`.JO87<2AFR?L6H,4?Y=O"W6<AN#D`=-\*_VC/AG\7-?U'P3HEY>
M:=XDT=-^J^%]>LFL]0MH\@>;Y3_ZR++`>;&63)`W<BO(/VC_`!9_P45_9^\=
M:I\6OA%X>T;XO^!+IXW;P!'8C3]7T=%4!A;3Q[C=AL%B61WR^%3:N3>\#?M6
M_L&?MC-I/AOQHWAQ/%1B)A\'?$#3([;5]/G>/$D427*@F0*Q&Z!FR,D'`./-
MAB53K>RYVGVGI=?W9+?_`,F?=(^ZQ'#\\;E:S&.'C4IN-W4PK<G3E:[5:C+6
M%MM%2@WK"<TM?HRN3^+OP(^#7Q\T2V\.?&;X::/XEL[.^@O+.+5K)93;SPSQ
M7$<D;'YD(E@B;@C.P`Y'%?-GQ[_:D^&W_!+3Q-X?T/X@_'R\U?PEXKU4M#X3
M\0+>ZIK&@V>Y8GN;:YC$DCV4<LEO$(KA2Q>58XI6=EB/NO[/G[87[,O[5.AV
MOB'X`?&71_$<%]9?;;2.WD>*>6VWE//$$RI*8]RE=^W:2.M=\*R>DUROMW].
M_P#5TCX[%9:X7GA9>UII7YHI^ZO[Z^P^FMT_LRDM3Y._;*_X(5^"OV@-;^)/
MQ>^''QOUZW\>?$7PYJNFZQ=>-9%U.WFBN4M!#90,R$Z;`J6:6YDACDE$,SL-
MTJQNOQ9\1M!_X*^_\$LXO$VB_&2'XD_$SX1:EJL6IZ[KGA^RMO%=O?18+ZI>
M75O<Z;>II=E`D"S_`&0062S_`&NX;[:&ACC3]SJ*U:35F>="<Z<U.#LUJFMT
M^Z/S5\"_MWV_[-/[-WPR^,/[8_[3-I\-9?&W@N]U=+?X9)I>M>$8[?2[W1])
MMM.T^UA>_/FS)J<#K'IUP8B(+B4JFTJOTY^S7^UC\2?VF=<7XD?`SQ=\*_B7
M\)]1UB2&VUOPQJ%YI^JZ/!N;"7=M<B023(,!AF$MACL3A3UG[5O[!W[,?[9/
MP_\`^$#^,WPUT^X:TT*_TOP[K-M90B\\/QW8A\^2Q=T9;>0_9X1O"YPFW[K,
M#\6Z_P#\$&/BSX?_`&GO`WQ[\!?M@WU_;V7Q3T75?%5FFBP>'9&T&T@N!=6^
M[2A'',UPMMHUMY$4-M`B03N$'GN!B\/%.\6UK?1Z?<[K\#U8YSB)1<:].%2\
M>6\HKFZ6?/'EFY*RLW)Z:.ZT/N'PY^U[\+M6^(3?"OQ3HOBCPEKC)-)9V_BS
MPU<6D%[%$"9)8;G:UNZ@`L?WF<`G&`<>F:9JFF:W81:KHVHP7=K.NZ"YM9ED
MCD7U5E)!'TIU[96>I6<NG:C:17%O<1-'/!-&'21&&&5E/!!!((/!!K@9_P!F
M'X2Z-!>7OPE\*:9X$UNXL)K6VU_PKHUK;S6OF.KNZQF,Q,Y91EF0G!89Y-"^
ML0WM+\'^J;^X=1Y)B6N13HO3=JI&^MW>T91CMI:H]]]$>AU\^_$?_@G=X$^)
M7Q\'[0=[\=/B-I>HQ>)6UVQTO0]0TZVMK*\?2[+2IVAD%D;I1+9V21-^_)`F
MFV%-X"])H?C[XU?`;PUJ%[^U%?67B32;;4H;?2/%'@OP]>2WCVS)(TESJ5E#
M&ZVRQ[5!DA9T^;<RQ#BO0OAU\3/A_P#%SPO'XU^&7B^PUS29I9(HM0TV<21,
MZ,5=<CNK`@CL154ZT)NVTNSW_KSV,<9E6*P<'5^.E>RJ1NX-VO92:5G;[+2D
MM;I-,\+L/^"8WP;TKX<6_P`,]+^)?C.VM+3PBGARVN(#I2LEF+ZYO&<Q"P\A
MYW>YP\[Q-(S6\,V[[2IN&RO@+_P2$_9._9T_:8MOVM?`%WXKD\9VNFRZ>EUJ
M.LQR0-;R>8&1HEA52?WC?-]XDY))YKZEKD=9^/7P;\-_$BT^$/B3XBZ9IOB3
M4=G]FZ3J$_D27K-T2`OA9G_V4+,,C(Y%1B*6&JJ/MDM&FK_S+8SP']H.4XX1
M2;<9<W*K^Y]J^CLK;OIW.NHHHKH.$Q/B1\-?`'QA\#:E\,_BEX/T_7]`UBW\
MC4](U2V6:"X3(8!E;N&"LK#E64,""`:\GF^$W[2O[/&GZ:G[.'CL^.O#.G%8
MKGP!\1M29[V.S&<+I^L;3*94!X2_%R)<*GVBW`+U[G10!\`ZC^TQ^SG^P%\+
M;6/]EWX-S>'FT/X@6EO\:O#7B2S9==T:PF$B[F5G821,VWR+F"26S<C]V[B4
MO7UM\-?`WC/PI\<?&?B?3)+!_`_C&VL-8M$1ML\.KB$6UR=FT?NY((+1^3]\
M.<`LQ-C]HC]E_P"!O[4G@>Z\$?&CX:Z)KB26<T.GWVI:1!<7&F22(5\^V>12
M89%.&#+CD"OES]A3QO\`M=?LR?!Z3X.?$G2Y?BC;?#75[C1/$FDZ5%L\4:):
M[W:PN((Y'V:M9R0>6RDF*X5-VW[2R[:\V-%4,7&"TA:\4E9)I--?-.]O)L^[
MKYE4S;AJKBY>_B5)QKSE*4YU*=2494YN^SISI\CE?:I"+6NOVUK.BZ-XCTN?
M0_$.DVM_97492YL[V!98IE/561@0P]B*\A\-_L2>!?A/)=#]F;XB>*_A?9W@
M!F\/^%[NVN-'#KC:T5AJ$%S!:<`*PM5@W`<Y(!':?"S]H7X+_&J[O=*^&GQ!
MLM1U'3(8I=5T9P]O?V"RYV?:+694G@)*LN)$4AD93AE8#LZ](^$/"X/&W[<O
MP=O;F#XB_"K0/BKX?CFW6>N_#^[72]:2#)R+C3+Z3[/,ZJ%)D@NU,A+!;=,*
M&ZOX/?M=?L_?''79_!7@SQXMKXHM`QO_``5XCL9])URU50"7?3[U(KCRN<"8
M(8FP=KM@UZ37/?$7X2?"GXOZ9!HOQ:^&/A[Q19VMREQ;6GB+18+V**9&5TD5
M9D8*RLJL&`R"H(Y`H`^%/^"D?[/DO[&7QBT'_@J)\!+<PS:3XO67XA:0JMY5
MS;7@CMY'4`%8Q(3()&(R9+I7'S#G[[\'^+O#GC[PGIGCCPAJB7NE:Q817NFW
MD:LHF@E0.CX8`C*D'!`(Z$`UX9\4/^"=GPV\6:/J.F?#+XD>,O!D.IV$MG>Z
M!;^(KG4?#US`\8C\AM(O9)+6&-1DJ+1;9U9MRN&`(\<_9QN/VFO^"9GC72/V
M2?B7H%Q\5/A_KZ7-UX$\0^#X!!J&DF)5>YLWL;NX)F0!FF2*WFGG"+*PC=4?
MR_+I4'@<;*4%^[J6;\I[7MVEI\UYGZ)F&=4^+>%,/0Q4G+'8)2C%M-^TPUN;
ME<M7S4'SR5]/9R>MXI/[GKXH_P""K7B?7_@?\8O@I^TQX"^+7P[\.^(=&O\`
M6=*L].^)=Q?+I^HK=68!DVV*-,6@42_,`P43G*$,7C^C_!7[7G[-WC[QG!\-
M-'^+&GV?BFYB,EOX2\0QRZ3J\J#.2MC>I%<'&.<1_+D9QD9\^_:>\P?MR?LW
M>2X5_M7B_8Q0L`?[%.#@$$_3(S7I2CS(_.91YD?*$_\`P4]_:PNBIN?CQ^Q1
M(48,IDN?%AP0201FTZ\G\S1!_P`%/?VL+6+[/;?'C]BB.,,S!([GQ8!EFW,<
M"TZEOF/J>:[+X.?&3_@IV^O>&+7XDZ1\2;Y=(U6UM)=V@Z?9VOC7-Y=Q7UY<
M2_\`".^9IUI'$FG26]NZV$Q6YN=]S.85-:OCWQC_`,%2?&/C#Q';>'=2\;^#
M;F?6+`:5HND>'M'N].TLM>6L*PK?7.F2B[M7LIKV[NI-Y=)K.&..2W$ABDHH
M\Z?_`(*B_M<2/#))\?OV*F:V)-NQN_%A,1VE<K_HGR_*2..Q(J%?^"I'[2:O
M+Y7QF_8_75;N]9;V8V_B46LL20QE)6G$?F.Q+M&%,7!C;G&"?4_VE?C+_P`%
M'-'\<>++SP_X1^(>AZ3:Z#+!HVC?#_P_INLO(!&QM]1AN9]-N%-Y+>B&"2W<
M2)%:2RR_9R\8F'V%\(+KQ9>_"CPU=^/;YKG7)-!M&UFY>P>U,MWY*^<QA=(V
MBR^X[2B$9QM7H`#\[HO^"GW[6,$$5K!\>?V*$B@5%@C2Z\6!8PO"A1]DX`R<
M8Z4EE_P4\_:OTVTBL-.^.W[$]O!`28(8;GQ8B1DYSM`M,#.3T]3ZU^FM%`'Y
M=>(?VQ/V@?VIO%'P]^#'Q+_:B_9.T_1Y_BWX/O2?"5_XC&IS36>O6-U!;V8N
M[40&XDEA2.-9/D+NH;()%?J37SU_P4B_Y(QX(_[."^&?_J9Z17T+0`4444`>
M5?L\_P#)7/CM_P!E5L__`%$_#U;G[3/P>F^/WP!\6_!ZQUPZ5?Z[HDT.CZRL
M2.VF:@!OM+Q5=64M#<+%,H96&8QD'I6'^SS_`,E<^.W_`&56S_\`43\/5'^W
M'^U1IG[%?[+?BS]I/5/!^IZ\OARR1X=)TK3KJYDGEDD6-`PM89GCC#."TFS:
MH!)(ZT`?/_[*G_!,SXR_!SXO^`_BI\0?'/@J2/2?!4^L>*]*T739Y$?XFWAO
MDOM<M6D$9:V>#5=0B_>8E<,A^3+YXGP;_P`$X/\`@H=XF^)'A+XF?M&_%7P)
MXHUCP_X&\2>&]=NO$_C77/$&E^(I=0TMK>/46T,6VGV-E$]QN\^QA!D,,Y07
MY6&.(_4FJ_\`!0W]DW0O%>F>"];\=:W9W^HPZ>]U]J\!:U'!H;WT22VD&KSM
M9B+1+B59$VV^H-;S9<+LW<5'>?\`!1G]CVP^*\GP7N_B??+K=OXW3P=?3?\`
M"':L=-L=>D2!X=.N=1%K]CMIYOM,"PK+,GGO*J1;V^6@#B_V`/V3_P!H3]G+
MQIXHU'Q_=Z?X;\'W^GV\&@_#?0OBQK?C#3[2[621YKZWFUFU@ETR-PRH-/@W
MP)M+!LG`^C/B#H%YXL\!:YX6TZ6)+C4](N;6!YV(17DB9%+$`D#)&<`G':O*
M?`__``44_9"^(_Q%A^%O@_XE:C<ZI<>+]4\*0W$O@S5X-/;7-.EEBN]-^WRV
MJV@NE:"8K$9=\J1EXPZ?-5_P%^W=^RU\2_']U\-_"7Q%NFO;?[9]GU#4/"^I
M66E:G]DS]K%AJ5S;QV6I&#:QE%K-+Y85BV`IP`?.WQ8_X)H_&VZT+X(^)OA_
M<:;J^O\`PT^#,?@37-!M/C;XK\!07)"6!%S!JOA]3</$DEFX-M/;,LJO&VZ%
MHOFYKPE\%?VFOV?OVRM'^"_[,?ASX:7M[I7[+5CIVMVGBKQ#K<5I;RSZ]?N;
MNWNIAJ%W=".1IB8+AM]QO7-Q!MY^N?V??VT?V=/VHM4O=$^#7C#4[N[LM/BU
M`0:SX2U32&O;"5F6*_M/[0MH/MUF[*0EU;^9"QZ.<BO4Z`/A;P=_P3G_`&K/
MV4?AA<_`_P#9+\4_#[Q+HOB3X,>&_`.L:S\2-0O[.ZT272[*XL6U2"&UMYUU
M&.2&X#C3VELU62(XN,2L5LW7_!*KQ\G[+W[57[,VE?$'1EM_C3X<TW1_`VKW
M+S/+:QVG@K2=`62_41C8QN=/DD(B,G[MU.0Q*#Z4^/O[8'P`_9EU/2]%^+WB
MK4K>]U>WGN;:RT3PIJ>L30VD)03WMPFGV\[6EG&9$#W4XC@0L`T@S7(^'/\`
M@IK^Q7XOUKPSH/A7XJ:EJ4_B[X?Z?XXTA[+P/K,L,?AR]-R+?5+N9;,QV%L3
M9SAI+IHA$502;#)&'`/FCXO_`/!)KXW?%OXD_$#QEXB\/>'+ZS^.5AI;_$?1
MG_:)\<:7I>@W4.D6FE7-LFFZ,+*W\2VDD-HI'VHV$IWNK,4*)'V?QO\`V%_V
MR-8A\??!;X31_"C4?A[X[^+GAOQVFM^*]8O[?5M'-E?Z//>6"VD=C/%=$KI;
M2P7;7,;(TJQ-%B,35[;X'_X*/?L<>/8?$-S:?%2\T6'POX4E\4:M/XU\(:MX
M>C.AQG#ZK`^J6MNMW9#(_P!)@,D7S+\WS+GQI/\`@K'X8\:_M#^,/`_A+QA:
M^%/`OASP1X"U*#Q!X[^$GB*WU(:KKOBF[TDV<NGW/V.Y$<\4=DEO-Y2I%)>?
M:'::%#'0!]K5\._\%.OV$?VYOVUM"^)WPB^'_P`5]$A\%>-?`<FF>&X+WXB:
MMH::+>FVD1DNK+3K)SJD,TS!F>6Z1$0[&M;E%*2^Z^!_^"BG[(7Q'^(L/PM\
M'_$K4;G5+CQ?JGA2&XE\&:O!I[:YITLL5WIOV^6U6T%TK03%8C+OE2,O&'3Y
MJCT;_@H_^QYK_P`:=)^`&E?$O4G\1^(/$=WH/AUG\$ZQ'INL:A:P7$]U!9ZD
M]H+*[\E+2<2O#,Z1N@C=E=T5@!?V??@+\5_A'^TE\1_'VMP>'I_#/CO2M`N8
M[JUUJ=K^UU.QT^.PFMS;-:K&;<I$DBS^?O+%E,*C#5[A17+?&;QWXI^'/P]O
M?%'@KX>77BC58]J66DV]U';H78X\V>:0XB@C&7D=0[A%;9'*^V-@#YWUS_@G
MIXQ\;^%/VJO!WBW7_#/D?'+QY:^(?![W%I+?P6)MM"T:T@_M"V81"0"]TLNT
M4<A#PE1YBLQ"XWC/]GO_`(*43:_\1/VC_@YIWP5\&_$_Q3X2\-^$-#T:/Q3J
M-YI5OING:AJ%Q/J$UZVDH[7C0W[Q6\)LI(K9EW.UPK&.N?\`$?\`P4N^+6H?
ML3?LP?M"2?%;X-?";4/C7IUEJGCCQ;\3[&>?P_X=LI-"GO7,49U2Q8NUZ;&U
MC,ET`/M/1V*BO3/VG?B]^U=\(?V5(?VCO!G[4_P=GMM#\,->:U?I\&-1U6W\
M47DCJMFFEQP^)X/L_GN\4$<3S7)DDE3$@!Q0!H?!&U_:5_9I^!]CX6OOV2O!
MD-]+XYTNT>Q\'_%?4==EO8-0U"-=4UR^O+G0K-S<1"::[D5HV$WEL/-B)45P
M_@7]AS]I+PAXHTWX'$^!3\'=&^.VI?$RS\0#Q'>MX@F:YU6ZUJ/2FT\6*6Z)
M'J%VW^D_;'+0PJIAW,6'TM^S]/\`'.Z^"/A6[_::A\-Q?$&;0[>7QA!X/@GC
MTN#4&0-+%;">220QHQ*!G<EMN["YVCL*`/B?PC_P3\_:1UW5/AO\$OC+-X"C
M^%7P>\>Z]XA\+:SX<U^]?6=;@N['6+"PL[JPELDALS;V^L.'E2[N/.:W4A(P
M[*N]^R'^R=^V9X*\9?".V_:;UCX>G0/@7\-KOPMX>U+P?K5[=7OBZZECLK5-
M3O+>:QMHM+VVUDQ-K%)=@R7;8E"Q+O\`1_"7_!23]CCQQ\;-"_9[\-_$W4I?
M$WBK4[W3_":S^"=8@L->GL[:YN;O[!J,MHMG>QPQ6DYDE@F>-&54+!Y(U;S7
MX'_\%1;GXD_M;^$?V6O%/P:UBR;Q[I'C/7/#FO66@ZE-;)IFD:W'IU@\LT=O
M);8NX?-NVF::-(-]I"ZB2[A#@'U[1110`4444`%%%%`!1110`4444`%?+GP!
M_P"4NG[2O_9(_A?_`.E/BVOJ.OD_X1ZS_P`(]_P58_:?UO\`LF]OOLWP>^&$
MGV/3H/-GFQ<^+?E1,C<WMFDW97*A&4Y*,=V?6%9.F^#]$\,C5KWP?I%I97NK
MW#W=W+Y9*SW10*)9`"">BYP02!7*>%_VGOA'X@T34M>UK4M2\*PZ+&KZS_PG
M.AW6B"R#.$4O)>1QQD%BH#(S*=RX)R*[^&:*XB6>"571U#(Z-D,#R"".HJ(S
MI55>+3.JOAL?E\G"M"4-;---7M9VUT>Z?HT^J/*O"?QJ^*?@A=4M_P!J_P`#
M:/X9TW2+;SO^%AZ9K<7]A7:&6.,!TG<7%E)F5?ED#QX1SYW`!],T'7]"\4Z-
M;>(O#&M6FHZ?>1"6SOK"Y6:&=#T9'0E64^H.*LS0PW$+V]Q$LD;J5='7(8'@
M@@]17DNN_L[>(?AGHDS_`+&&I^'?`M[>>(&U;6=(U'1I+K2M6=HRCHT22H;0
ML0C&2#:28P&5ATRM6HK3WE_Y-^B?SL_-L]!/*\TD^:V'J-JUN9TMM>;64X-O
M6\5*-W;EA%7/7**\R\%?M'Z+:7VA?#3]H&72O!7Q#U;3#='PW+J1DM[C$\L(
M^RW;*L5PSB$R^2K&9$8%T'4^FUM3J0JJ\7_FO5='Y,\_&X#%Y?5Y*\;7O9[Q
MDDVN:,EI*+:TE%N+Z-A1115G&%%%%`!1110`4444`%%%%`!1110`5YE\>/V-
M/V7?VG)H[OXZ?!71M?NX8?*BU":-H;I8^R">%DEVC)(&[`))&,FO3:*SJ4J5
M:')4BFNS5T=F`S',,KQ*Q."K2I5%M*$G&2]'%IK[S\OOVT?^"(7Q-\::!JNF
M^!]5TGXF^$+=+G_A'O!/C'5;^UU/3(9_+W06VH0SH9HTECBN$M[AC;^9"KF)
MGSN^+?#WQ\_;K_8Z^*NG_$?1/$D<M]X;U**U\2^!M'^'@T#69X+;2!9Z59W%
MFXNEB\.6<J1PR6UE(94@^TW>%N)XFMOZ$Z_"#_@I+^U1^UQX(_:*\0^&OVGO
M@UH6DV4'Q&\4ZO\`#_Q%JMS/#K-CX6L+M8;;6(;NQWSV]L@CM_L]L83YTM],
M^]?*!'GO!U\)KA9:?R2=U_VZ]X_BO)'VJXGRCB1^SXBI6J-66)HQ4:B>UZM-
M6A63^T_=JN[;G+8^X_V,_P#@O)\`_C#;Z#\.OC[>V^F^,KBVU^]\0:YX9TV<
M>']+TW3M7;3;?4;XW#F?24O7,9BAN073S8_,*">W:7[\K\!8M%\"?$_7?A]^
MU9\*?B1X>\8VWPX\=OK'Q%UZ#X5PQZ_H]S_:$-U>1Z]9-M;552Y97_M&*62,
M74;MYTQCC5HO#O[3W_!6/]E73+WXZ_"?XQ>&-6\+^%]-M]<\:7L?C&PN-!\8
MR7MZEQ*PM)+8WT>L:A>7-V)8TB26V'V2!3A6C;HH8ZE6FZ<ERS6\7O\`+HUY
MJYY&<<(YCE>%CCJ,HXC"S;4:U+F<+K[,DTI4Y]>2<8NUFKQ:;_?NVN[2\5VM
M+J.41R-&YC<-M=3AE..A!X([5)7S-^S!X9^*7Q8^`EI^U#X=\#:1\)?BCXYT
MX7OB#2X%O+O1M1F+HR7$]G.MM*LLD<84R/%'<QB5P^\@9]+^$?[0FH^(_$H^
M$GQF\"7/@_QS%"SK82;YM.U9$4%I]/O-HCN%P=QB.V:,!MR`*6.JK<LU&HK7
MV?1_/OY/Y7/,EE:KX:6(P4_:1BKRC:TXZ:R<;N\$[KFBW9*\U"Z3].HHHK<\
M@*\M^-_P1\?ZU8Z?XE_9P^(S^#/$VCW?FV]LS.VC:E$\FZ>"\LUS&Q<%L3J@
MF1L%7'(KE(OVB?VNO&?Q"\9^'/@]^SA\-+_1O"?B9]&BU/Q1\8K_`$RZO72W
MAF>0VT&@721C][@#SG)"Y.,X%O\`X6A_P4$-N+L?LS?`_P`HN$$O_#06K;=Q
M(`&?^$5QDD@8]36=2G&K'EE_P?DSLP..Q&7XA5J5KKHTI1:V:E%W333:::V9
MV?A3]I'X=^(?BCJWP3UJ6?P_XJTJ=5ATG7E6W;5XF0-]JT\LW^F0`Y4L@W(R
MX=4)7.O\7/@K\*?CQX2D\#?&#P'I^OZ7(VX6]]#DQ/\`WXW&'B?_`&T*L/6O
M(M:U7]M+Q;J-AXB\1?L:?L]ZG=^'[AI]+OKWXY:C-)ILI&&DB=O"A,+8&"RD
M'`KD?A!;_P#!6?X>^)=1L-1\._!?Q;X7D/GZ9I6O?&;59=5TX.253^T(_#:^
M?#D';YL+2<$>:0`!GRU&N2HE)._;;S3^[3[CN5;!TVL7@:LJ%6FHNUY7<]FZ
M<XKW>DDI6M=I2=E?L;/2_P!K7]ES5-0N;.ZU+XS?#]YO,LM,EN8D\3:!`%+.
MJ2RD+JZ]<+(ZSG*@,_0^C?`G]I;X/?M&Z$VK_#/Q0)+JV&W5M!U"%K;4M+E!
MVM%<VLF)(F#`KDC:V,JS*03Q_P#PGW_!17_HU?X*_P#A_=7_`/F5K+AG_;AM
MO%\WQ"M_V*/@#'K]S8K97&N)\;=3%Y+;*VY86F'A/>T8;Y@A.`><4H4:E&:Y
M)>[V>MO1[_)W\K&N+S7!9GAY/%4$L1I:I3M%2MI^\IVY6VOMPY'>[FIRDV>D
M^,?VA/AO\/?BUX>^#7C:ZOM-U+Q9&1X;O;C3Y#8ZA<+O+VBW"@HDX5`^Q]NX
M.NPL<@=O7SA\6-%_;8^-W@*_^&OQ+_8Y^"6HZ1J**)H3^T!K*/&ZL&26-U\+
M!HI$<*Z.I#*R@@@BL[X%3?\`!6SX<^"(O"/Q8^&_P/\`&]S9'R['7'^+^KV-
MW)`"=@N2/#DB3RA=H,JK'NVY*Y)-7%UE5:DKQZ/MY/\`1KT=K7?'6AE=3+H5
M*4G&M'2<'=J6]IP:5DDM)0D[WM*,I*3C3^B_'-SXCL_!.L7G@^W675XM*N'T
MJ)URKW(C8Q*1W!?:*^./B-\<K?X7>(/A/_P5(T\RIX.\;>&;+0/B_8:?@K:K
M,I:UO&4L<FUNFEA?EF"DJN23GVOX"_M,?&[QQ^T7XK_9R^.7P0\*^%]0\.>&
M-/UJWU#PG\0;G6X;N.ZEGC\MA<:78M$R^3G(W@[NV.</]B'X>>`OB5^PX?@W
M\0_"MGJ6E/KWB32]=T*]A^1"-;O6\IEX*,H*,",,IVD$$`CDQD*E6K&G!V=F
MT^THN-OD[M/NCZ;A;%X#+<NK8S%4^>"J4Z52*WE1K0K>T2OIS1=.$J;?PU$F
M>H?%C]GSX:?&NZT_QA?M>Z7XDTNTEB\/>-O#-\;35-.BFV,Z17"Y#PN4C9H)
M1)!(8T+QOM&.%3XJ_M)_LSZ3+;_M!^"M4^)WAVS(9/B#\/=!1M1M[;S(X\ZC
MH\3^;-*JL9&ETY)?,"R$6L&U5?S_`/8<^._Q@^'7QY\4?\$_?VH]=%]K/AJT
MAN_AOXCGBVR>(-%"LJF1^CSJD:L>K$B<$GRB:^MZZ,+B88JESQ5M6FGNFMT_
MZ\SPN(<AQ/#N8_5:LE-.,9PG'6,X37-&<6TM&GKU4DXO5,QO`/Q$\#?%+PS!
MXQ^'?BJRUC3+C(2[L9PX5Q]Z-QUCD7.&1@&4Y#`$8K9KR7XH?LE>%_$6O:E\
M4_@KXENOAI\0[Y0\WB_PS;(4U.5%Q$-4LFQ#JD0X4^:!,J;EAG@8[QD6W[4_
MBSX+>(;7P3^VAX4T_P`,6]X[)IGQ1TJY"^%;V3&5@GDGD\W2KAONK'<YAE8J
ML5Q)(_E+TGAFMKGPH_:1\,_%C_A8OPK^/(U31-0U)#K7@/QG;*UI#;,R[VL;
MJ!/.MY$'F%5<2QOO"G:%5AQ7QF\;^!?VK=-U;X&^';K4O!7Q>\':E_;/@C3?
M%-N+.Z^W6CR&"[MV5VCN[294DC<Q.^(9F+JI*U]%V-]8ZI8PZGIEY%<VUQ$L
MMO<02!TE1AE65APP((((X(-4_$7A;1?%%G+:ZG;NLCV<]M'?6DS075LDR;9#
M#/&1)"Q&/G1E8%00<@5R5,+S1<8O1[IW?W._NOM;1=CZ7`\0*C7IUJU->TI)
M<DX*,6FMO:14>6K%JZDI6E).SG;1^<^"KOX(?M\_LVZ'XK^(_P`(-+UG0-=C
M-Q+X<\5:=!>K97D+R02+APRB6*594$BX88R-I.!XA\4O@3;?!7]O']GZY^''
MC?Q7>V-S_P`)@++PGXH\63ZA86]Q_9!=7BGNUGN[93_J_+21H(T.$@&U<<]^
MS1\2?B#^QU\<?C7^SVT/C'XB^#/!6HZ=J.CZ?I>DK?:K;?VDIO+N8R9C\[:U
MPA>(;G)82*J@MN[OXI?%WX=_&3]K/]FKX@_"7Q3:^(M,DN_&*QR:;.-WFKHN
M6@8.5,4H)`*2;64GY@*SP.+6(I*,W::NFO-.S:\KHZ^+N&IY+F-2KA8\V$FX
MRIR5VE"K"-6G&3:34O9S5U+=J5F[-D6D>'O^"F\?P3_X0Z_O-,;Q?:_$%K_4
M?$<NO6VR^T4W[NMG9!;<[?W:A6$R1,D#H%>28N8DL;7_`(*=:-IYTSP98Z.G
MD:GJ+W&I^,4BOKC54:\M5MF2&+4A'8QK!)>.$620O]GB++`7,%1Z?X$_;3_X
M4$_@N;0?%Z>)KWX@G4M+U*;QM$7TS2Y+IV6WN)1J#/&D<*!3&&U$`2H!YQW/
M%5?X2_\`!1V(3:;X#^+VMZ#I=GJ%^UE<:E<Z9?:EJJO>68C:[%[]NCA5(3?F
M%;:2(%1`98T;,5=Y\>;WQ>L/^"BWB'XK_#K5/`5C::9H+:'ILGC*.QU.V"6.
MI-(3>J\<LF9H0A"KM\W(5BN'VO74^"[G]JW2_P!J?Q;_`,)K\.=0O_!%_<I#
MX>UVQU^V2&QMO)M@C+:O=GS")#<F5F@CD4H-C7*NJQ<#\9/A=_P42\7?&CX4
M^(O"7C6>RT"+0M*C^($6D>(XK..VU%)&>]EDMRC+=Q,&`5(\$E`I(0G.UJ_@
M3]LV;XV_$NQ&IZVOA3Q-IMW:Z!X@TK5H5GT02V5O%:S:?!/>F'SHI1<O)YMM
M$-PA*/)OEP`367@;]N&W'@;3;KQMK-PLWPPNM)\7WD]WIN+37#J&FF+46$81
MI)?LHU#/E;HLJ@$8+?-YOIGA[_@IUI?B+X=P:GX6\4:GHUA_:Z>.;F/Q1ID%
MWJ2B"7[/(83J#+;M-+Y06..6;8HW+)9L66NM\+_`[]LR+4M#EU?QSXG32]2\
M/ZW9:I;2^+R;K1H[C6=.N+`/_I$BRW<%BE["TZ2RD%]HE<$,>I^"GA+]I*"/
MPQ\0?&GAWQ;I5U'K6MW.O>"]4\:17Z6UM<18MK:.7[7*MTJ.D9625E96:0JD
M*,(U`.`_:"TSXRV/["/PITWX]WEVGC&3XY?#K^U6N9[>:>S>3QOIAB0O"7BD
M>&-HU#%I=QC!=YB6=_LBODW]M7PQXM\-?#<2>(M5O;JQU+]J[X97OAY;W4GN
M#!:/XB\-J\:;B?*072716,8`!R!@U]94`%%%%`'E7[//_)7/CM_V56S_`/43
M\/4G[<GP-\7?M*_LB_$#X%_#_4--M=>\1^')K;1)M9FDBLQ=C#PB=XXY'2(N
MBAF5'95)(5B`"O[//_)7/CM_V56S_P#43\/5I_M7?&Z;]G']G/Q?\:;#0QJE
M]H>CN^D:4TOEB^OY"(K6W+?PB2XDB0MV#9[4`?+7Q3_X)^?M9?$OP3\:O@>J
M_#NQ\(_M/:A#JOQ-U-O%E]/J7@RYFT33M+U"UTM#IJQZQ&4T]3!/.UB8S(6:
M%QB,=+\2?^">WQ=\6?"GQUX#T/Q%X8BNO$_[4OASXDV,US>7`1=*T_5-#NI8
M966`G[48M+F55`9"S1`R*"Q6?]MO]IK]H/\`9Y^%_A#X2?"GQO:ZY\0+*X\,
M77Q)\7WVFP!+/2)]8M-/FG^SK&(EGOIGFB@CV@*D5U(.;<!O4?\`@HA\:=:_
M9_\`V.?&7Q(\+^/9/"^L>59:5H7B&'3HKR2PO]0OK?3[:9()8Y$F=9KF,A&1
MPQP"K="`>4_#W_@GW\7O"OPITCP'JGB3PTUU9?M7ZY\3KJ6VO;C8VD7NNZEJ
M$4*DP`_:Q#>1*RD",.K`2$`,?./V0/\`@D%X\_9WU[X?^#?$]GH>M>&_A#;W
MD?@OQ/X@^-7C77VOV?3KK3[>4^&+FYATC29!!=2)+Y+W,;H\J11VWF*8^I\6
M?M*:_P"!_P!E:]UGX=?ME_&'Q1J-S\1-$TKQ#K/CWX566F^-/#6GWEPD3G3M
M`7P[92W4[J&>!)=/N6E!E>-)A&(Z]H_X)[?&7QC\:O@QK&K>+_%^N>(%T3QO
MJ>C:3K?B_P`-C1=>O;.W=!'+JFF_9;0V-T2S?NS;6Y>+R9A$@F`H`\V_8*_8
MG_:1_9I^,DFNZW<^&_`_PZMO",VE)\+_``1\2-;\0Z-?ZB;BW:#4[6UU:VB'
MAV.*&*>(:?:/-"1<KER807^OZY7XW?&7P+^SW\)]=^-'Q*N[J+1?#]B;F\%A
M8275S+R%2&&")6>::1V2-(T!9W=5`R:\I\,?MYWWBH>(_"=K^QM\6[7XA>&=
M+T[5;OX6:B?#MOJ]SIE[-/##?6]R^L#3)8@UM.)%%[YD93:Z!F16`/*OV_/C
M+8?LF?M1VGQNT/XL?#+2=:\9?"Z3PU=:+\7?%6HZ+9S0VMY-<6\^ES16=S!?
M7XDNYE;3%$5Q=+Y.V5!$*Y+_`()S_L0_M3_#KX`^%OB7IOB'2O`_B?4_V'?`
M_P`/]#&LZ?)<WWAWQ)8#6+EI[NS9%1HHVU.U_=^9N9X9495`!;TF+_@H=XB_
M:#^"W@KQ5\$?AKXM^'^K^-_C5:^$M!@\:6NCW4^LVED9-0U::P-C?W=I/%)8
M:?J4$5R9M@=#(,H$9\?]FO\`X*L>.?B7\&-!U?QE^Q?\3=5^(OB"\\2W5EX$
M\(0:$\\FC:9J?V5M0\Z75Q:11HTL-KLEN4N)IX9S%"\061@#S&3_`()0_MI?
M%SXCZQ\2_C9\6?#^F7^N?L[Z]X`EEE^(VL^+VM-7N=3TF]M-02.\L[&V-LQT
M]A-;PP6S?=#/<;@T75?&+]A']N[]J;QMXG^)OQAT;X->%-3UG1_AI86ECX7\
M6:GJ2_\`%.^-AK]ZTUU-I=L[+);[A!&(SME<HQ"YF;UG4O\`@J?\(;X:>?A%
M\$/B=\0C?_#1/'9C\+Z)90/::3]KEM9EG34KRT:*ZAD@E#VI'G$HRHDCJR#I
M=)_:>36_CS\)=:\(^+X=9^&GQR\!7%WX2G'EJ(=0@MX]2MI8=L6^1+O3YKIW
M\R4B/^SX=B`RR&@#SGX;?L`?&'P;\+]%\%:CXC\,O=Z=^UCK?Q0N)+>\N#&^
MD7FO:EJ$4`)@!-T(;R)60@1AU8"0@!C\U?!3Q1XB\1?M*_LP?L;?"KQM\//&
MGAGX&_%O6KF\NM`\2ZE<>+-.TR#P]K]G#/X@TR\LXWT=@]U%!YDL\QO994EC
M"*2#^J5?._PJ_P""B'P\^/6J^*--\"?"CXBP>'M$.N6MO\18=.TZXTN[NM+E
MD@O(8S#=SS6<R2QR"-=1M[83&,^7Y@H`^B*I^(].GU?P]?Z3;,BR75E+#&TA
M(4,R%1G&>,FOEKX`_MQ7.M_&Q-!\3:WXEU;P?XF\*>`#X1OM4TO3HI["[UC3
MM5NO/U%K81A7N6M((B(@\:W$B*B(CDCL_$__``4.^&MIJ-EX5^%OPI\:_$/Q
M-JVJZ]:Z%X5\(1Z8EWJ5OHUTEIJ6H1R:A?6MLEI#<R+!YDLT;/(0L:ON7<`<
M=\#?V6?VG_V7_P!D/]GOX9^!_AU\&O'/C?X/_#ZVT#5/^$KU2]L$6Y6QM[66
M?2]7CL+F:T0B.4.K61:X1T4M#M.Z&S_X)_?$K3O@G\*?@JWBG0M2TW2/C_-\
M1OB5;ZI=3NC1/J6I:Y%8Z=B+YQ;ZK/IXC\T1AH+5R=K$)7:Z3_P41^&GC7QK
M\/\`P#\(_A+X[\9ZA\0="NM9@_L2QL8(]#LK/4(-/OY-0:^O+<0O:W,X22%/
M,F)CD6-)&7;7T!0`5'=6T=Y:R6DK.%EC*,4<JP!&.".0?<5X;^W1\7O&W@.T
M^&'PD^'/CO4/"NL_%SXHV_A&V\5:5IUI=7.CQ_V;J.IS3Q1WL<L!D,6FR1*9
M(I55IE8QL`:C_84^+/Q(\92_%GX,_%?QS>>*M7^$?Q2E\++XLU'3[2UN=8M7
MTG3=4MYIX[.**`3+'J2Q.8HHD9HBP1`VT`'P%\#M3^+'C3QY^S3^R5^R3\1?
MA#XT@_9UL?$T>BW]AXLU)-<MDC\(:QHVFS>)=/DTM'\./]INK2)XV^T23,\D
MD<:B(QG[6\$?L+^+?@A^T3\`/'WP@ET2Z\)_"WX+ZK\-]?LM8UBYBO5M;A](
MF@OK8B"87<HDTK9)',\.X7)D\TLFQ_/_`-@?]HS7?COXTO=<^(_[>'Q1N=5\
M3>)/%$/A7P7>_#/3=+\+&S&H7QT^+2M3ET",ZI=6NGPQ/(L>H7)#PS&:,['1
M>G_9@M?VD+_]O#QKX-C_`&[_`!_\0OAS\+]#@TOQ;IOC/P]X63[;XHO8HKN.
MWBFTG1K&2);2Q>&60%G\Q]0A'R>2ZR`'UU1110`4444`%%%%`!1110`4444`
M%?+GP!_Y2Z?M*_\`9(_A?_Z4^+:^HZ^7/@#_`,I=/VE?^R1_"_\`]*?%M`'U
M'1110`4444`8GQ#^&W@#XM>$KOP'\3O!NG:]HUZN+G3=4M%FB?'1L,#A@>0P
MPRD`@@C-<)XX^#'QMTB[T_4?V<_CR/#]I8?9H#X0\1:%#J&D/:Q)'%Y:%!'=
M0D(A;(F(9CR!G(]6HK*I1IU-7OW3L_O6ORV/1P>:XW`I1@U**O[LXQG"[LF^
M2:E&[27O)<RLK-6/+=*_:W^'K?&=/@%XW\,>)?"7B2]GE30(?$6E!;?6TC&6
MEM+FW>6%QCG:SI(.Z`\5ZE5?4M)TK6;62RU?3+>ZAEB>*6&YA617C==KH0P(
M*L"01T(X-?EW\-_^"HG[.'P2_:M^+GPK^!?Q.TB'2].\0Z7X>\'>'[_X@W^O
MV.L:Q=2VP86VG6=E--IJO-=+:B=99;=9G1)=CR1Q+GS8BD]?>6NVC2].ORMZ
M'8J639@K4FZ%2T4E)\U.4KVD^=V=-6L[24UI)N:5DOU,HKP+]GW_`(*)_`SX
MW?!4?''6[ZW\,:,MW):MJ=SKEE?Z=<RQ2/%,UK>V<LD<\231R1&0[/FC88XK
MVKP=XV\&_$/P];^+O`/BO3=;TJ[7=:ZEI-['<02C_9>,E3^!K2G6I5/A>O;9
M_<]3BQF5X_`IRK4WRI\O,K2@W:]E.+<):=FS3HHHK4\\**X70_`'QH35?[1\
M5_M`/<0LTQ>PTCPM:VL2AXW5`AE,[C8S*XW,V3&H;*E@S/AC\!_^%<:R/$%_
M\9O'OBBZ%J\&/$_B+S83N8-O\B%(H=XQ@-LX!..N:Q52HVO<:]6OT;/2G@\%
M3A-O$QDTE91C/5ZZ7E&-K=]=]+ZG>T445L>:%%%%`!1110`5QOQP_9^^#O[1
M_A&/P1\:/`EEKMA!>Q7ED+E2)+2ZB8/'/#(I#12*P!#*0>*[*B@#YQ_92_X)
M\?LG_P#!-G2?B%X\^%QU>+3=>M(9]5&OWJ7,6CZ3802>3I]H%C4I:Q*\\F',
MDDCRR/)([-FL;Q__`,$M_P#@GO\`M:^"K?QQ=_`2/03XFT^*\6[T+.G3^3-'
MOP\"$P@LK_,IC)Y.><UZ!^T[X[\,^)O%W@_]E&#6+.34_&^MI)K%@+A?-BTB
MT5KR<LN20)?($(###*\N.5X]F1$C01QH%51A548`'I7F-4,PQ-2G.,90A9.Z
MO[[U:\K1<?O\CZ3+\TSKAFC3Q.`Q%2A5JW=X2<;P3LKI6YDY*2L[K3;4^,_!
MWCK]O']A;Q"GP;\8?!36?C5\,K#2TC\(>)?!UG`FL:=9VX6-;6Y@&U9W6,QA
M3\KN58AI"&VV_C;_`,%*?V4=5^'TO@_]JG]F?XMZ%X9UL1Q7\'CCX:7%M!@2
M*RLQWDY5U5@R9(905.0*^PJAU'3M/U>QETO5K"&ZMIT*3V]Q$'CD4]596!!'
ML:'@L3"#A3J^[T4ES6\KW3:]6SVH<69#BL73Q6/RU*K&SE/#U)4)2:^VH\LZ
M<)[.\(17,K\MV>&?!R[\$?%/PI&G[+/[>6HZU8V=LJV]I]OTO6_L<><@3&6`
MWA8!E'[Z8L`%!KI=3\/?MJV%[<Q^'OBK\-=0M9Y2;.35?!%_!-9*7!`<1:@R
MW.%R./)R2#GC!I>,/V`?V-_&>JZ=X@N?V>_#FEZEI6J1ZA::EX:LAI5QYZD'
M+R6?EM*I&05<L.3@`X-=-J7[+?[,FLP2VNL?LZ>!+N*8YFCN?"%E(LASNRP:
M(YY`//<54*&)Y;22OY3DE]UG;\3'%YOD3KJIAYR<7>ZJ8:A*2=_YU*+F^K;4
M-;IIIMOY-MOV>_BS\7?$6M^*[3XV^"[+6O!GQQUI=7O]3\/S1V&H?VAX?CTI
MX88EO"\$@-X?+#2R'=M4[CUHZU_P3NG\-_L0:5^R5K'[4WPZT&Y\'0QVEW!%
MX5L+/15%Q975BFHW%J"DYU$Q7#3QRO/L:XM89-FY2]7];_9_^`.NP>,O!^M?
M%)?AA8Z+\>WU#P_;:+I5C]B>Z2+3)2SP2V[K'R-GFH8F4W+#?\^#T7QK_9B^
M"^I?$?QQX\^(7QYM=.U&ZTY]/N+E_"]VL>BWLMM!?3W4%PMP#]IBAA:ZB'F'
M[+`SLX>-2U>A%-15SXNM*,JTI1=TV^BC^"T7HM%LC#US_@G%\.-)_9[^+OPX
MT;]ICPQX=OO%7B.'6O%IMM"TR#1A#"UI]@M=4MP!(T31V1\YQ-"UR]W=,Y=6
M5%Z#]D+]DC1_V,/C._CCQ_\`&CX8?8I?ARFE:';:9I8TF]6VCF-W/++(UR5O
M(%VE4:16,$-O&J,@,YEI_"C_`()M_"7P]XQU#Q3X._:<M_$FL3:I9ZAI"ZII
MME=>0]O>_;Y!<BV>*2^$GGC=YKY0-$5*A4%=5\,?@A\&KZV\/>"_!_Q_T[Q'
M<?";P;J&C:781:;)-M^T>1#]MF6"=9II8DAN(4,$D847D@X)4EF9]$-\3?AN
MD^G6K?$'0Q+K%K]ITF,ZM#NO8=A?S81N_>)L5FW+D84GH*=H?Q'^'GB=[%/#
M7CS1=1;5+62YTP6.J0S&[@1MKRQ;&/F(K?*67(!X)KY,T#]F7X!_"K3/!FN:
MK^T3H1TW3+MYVMM7T*X2"XGTZ./2X`^+M98([.XGD5DN'?\`TNZB,C>>J,5^
M"?P(_91^!/C_`,!_&#4?V@=/BO6OKVYT0S1ZAIQUV35[^]CM@(KB\=+F+?K#
M1Q321RW$C%6^TLF4H`^S**XOQQ^T1\%_AGKT_AOXB^/K70KJWT:[U9_[6CDM
MXFL;5%DN;A)741R)$KH7*L=FX`X)Q5JW^./P>NDUF6'XE:,4\.Z3;:GKTAOD
M"Z?9W"2/#-,2<1JZ12,"<<*30!Y)\/U`_P""H7Q$(MFCS\(?#Y+,3B3_`$Z_
M^8>W;ZJ:T/#>KW7[.G[66K^`]=T];;P?\7+\:IX5U%)1Y=OXA2WQ?6<FXY5K
MB.".>/\`A+K,!\S8KYX^)G[4FL^!OV\O&'Q*^`\_P_U6V\3?!'P]=V&M^,?%
MEYI-C]C:XN9(KN*>WTV]68;9@PCD\E6W*/,7)(V(OCI^UW^T?\']4\'?M(?L
M27'B/PGJ>CSWVC_$OX`>.]&OFAO(9_\`11:V\U^95N1M$@F1WC5AL;@DUQ8F
M:<TH?''7_@/JDT][66C/K<APM2GAJE3%*V&K+V<F[KK=3@W:$I4Y13<>;FDN
M:&BDVNR_X*I_#[XB>#O"_A_]NOX!VBMXV^$,TMU/&T!E2ZT>1&2Z21`,NJ*S
M,<%=L3SMN4@,/IOX:^.=+^)_PYT#XE:)%(EEXAT2UU.T24$,L4\*RH""`0=K
MC.0*^5?V5/\`@J%X#\765S\%?VL;+5/#'C;3KI[!(]3\%ZK#'KMK'&$>]=)+
M8"W8NLHEC8[$(&'8'-<S^QK^WO\`LX_L_P#Q#\=_LD_%KX\>&M`\+Z#K4NJ?
M"[Q)XCU.#3=/N-&NY4D33DN)V1&E@EGV)'G<4W!5"PX'+0K45BO;4W[M71KM
M-+KV;6C]%W/H,WRS,Y\//+,932Q&7WG&5]9X:I)747]J-.K+FCU2JU+I<C1]
MUT5E>#O'?@?XB:/_`,)#\/\`QEI6NZ>9#&+[1M1BNH=X`)7?&S+G!!QGN/6O
MA[3_`/@LGXH\7^";W7/`OP;T]]9MO#6@Z@FCZF=42(3WEK;37B27,5FZPK:R
MRS6QWJK-*D8`^=@OKGYD?1%M^Q1H7PNN]7\2?LF_$?6OAOJ>I&24:2EQ+JGA
MKSF8N`='N)?)MHC(SNZV#V<CF1\R#--\,?M9:Q\-]5T;X:_MJ^%['P)XBU61
M;73?%%C=M-X6URZ+%5AMKV3:UK._R;;:[6)W9]D+7.UFKP5_^"P_B=?V=?!?
MQDN/V<=8L;[Q5XCM]/U2+5-`UJ.QT&WFM[^4W$DT=A(UPT+6L,;Q(H9FD?86
MV`'ZD^#_`,5?#7QY_9T\#>.OB=H6EZ9)\1/"MA<W7A?59HY4^T7-HLTUB%E`
M\\H2Z$;>0A.*`/G%?&_C/X2?\%I9/AGH?C"2XT3XJ>&(M6UG08=.8BUEM=-E
M@2XDD*X`/V")58,1F3:`"6SU'[>/P\^!&J_&#X4:?K7PZ^+-_P"--2O->3P:
M?@YXT309H&:V2XOY9Y'U"RC.^.-?FW,['(-?*W_!5#]E_P`#_`SQMX/_`&Q/
MV/?BKH_AF/1=;73;C0H_$2#1=/U$,9[6*&!9%6PCD>.X,B0M%$)-TK(7DD<^
MAZ1^VN?VN_\`@IU\&?`MAX8G\.IX8\->)(M:TNYO(YY(-:GTZ03&VO;7S+>X
MCABBC`=9-Q^V!C$"A">-@JGL<56H3_GO'TDK_@TV_4_4>*L'_:G#V69OA&DE
MAO9U=E[U"?LDW;=RC.$(W5VHW;:NSMV_9LUDC`^%?[;(]Q^TE9?_`#35E^#O
MV9_B3:Z(MGXX^&?[9=S?0.8_MMC^TE:*MV@QME:,^)1Y3M_$BEE!Z-@X&+\'
M/V*/VV/AQ>_#G7YM1^"DD6B"TLK/4+J_^VMH]I;WLTIN(T.EQ17]]=V\RQW%
MS;_V=*SVD+;W!.WH_$O_``3W_:&^)_Q2\::[XU\2?#K6M*\1^(;)FUW?<?:A
M"MS"]U+':M#*+6[M8HKBSM?])E*I=N3)'M:*7U^7WKGY9R^]<N?\,VZQ_P!$
MI_;9_P#$DK+_`.::@?L[^(1;_8A\%OVS"#=;S>']I6W\Y8_+QL`_X2C9C?SR
MN<?Q=JM_&_\`84_:'^+OQR\4:_XN^)GAN71O$O@&]TG3;K1];U/0;TW#6<L4
M.F;('EE2SWE+J21+D[G1P;8@Y'U5\*-!U'P=\-?#O@;Q!J-O<:IH_AZRM=0>
MWG:17ECA6-G!<!V4LC89@">_.:HH^2O^&;=8_P"B4_ML_P#B25E_\TU'_#-N
ML?\`1*?VV?\`Q)*R_P#FFK[.DU;2H7,<NIVZL(3,5:90?+!P7Z_=SQGI3%U_
M0G"LFM6A#K(R$7*_,(VVN1SR%8@'T)P:`/@_XC_!CX6>#KCP?JGQ[^$G[7IT
M6?XF^%K*QE\3?'>VU'3X-5N-:M(-.FN;>+Q#*\D27DEN[8C<A5)VMC!^_P"O
MG#_@I9<Q7O[/_A"[T_6(XD;XZ_#HQWL95UB/_"6Z6%E&>&*-APO(8IM((.*^
MCZ`"BBB@#RK]GG_DKGQV_P"RJV?_`*B?AZG_`+:_P:\1_'[]ECQI\+/!1M/[
M>O=+6Y\.?;R1`=3M94N[,2$<A#<01!B.@SP>E,_9Y_Y*Y\=O^RJV?_J)^'JT
M/VJOVBM"_98^"M[\7-:T.;59AJFF:1HNC6\PB?4=4U&_@T^QMO,((C$ES<PJ
MTA!"*6<@A30!XG\>/^";GP,_;F\'7?Q=NM8^*O@/Q/X__P"$>U;6XX?B;XKT
MZ*$V3VDJV\VCP:G;6L4RQ6_D[O*5HY6,XS*-Q]N^('PX^.VN:#JWAOX9_'VT
M\)0K9:8/"=^OA3^TKZRN+>8O<B^EO+J1=0M[F-8H2BI;SHIF9;DR21R0_,7Q
M/_X*`?M(W_A+X^?L[>/?@_H7PI^)GA#PKX3L?"/B'0?'3^(;"\U;Q;?:AI6E
MRVY>QLI3Y-S;PDAXT9I'=0H2-99>X_X)T_&C]ISXE_&?]I/X>?'-=(F\/_#?
MXOP^&_`]U:^(Y+VZCLTT'2KCR9E:Q@+;A<)=-,\LLAFO+B'_`%=O%+,`,UO_
M`()R^,_&^N2_M`_$+XT^&+KXXP>)]'UO1/&VD_#ZYM=#LI=*L]3LK*%](?59
M9IX1;ZSJ@D#7P9GNRZ-$4C"^L_LO_LXW?P$@\8^)_%OB^S\0>,OB-XK'B/QQ
MK6EZ1)IUC<WXL;2P06MG)<7+6T*VUC;J$:>5B59BY+<?/W[:_P`?/C);0?M+
M^(?A7\0[WP]+\(?A#!I7AB6QD9U@U_5H'N9-2FMR?+G:VA&GF`."%+W/9Z[7
M]FSX?:C^S9^VMXE_9X\,_%_QYXD\'ZE\*M*\0V^G?$+QYJ/B.ZL-32_N[2XG
MBN]2FFN$CN(A;EH1)Y*O`6C1#(^0#U_]J']GWP[^U+\"=>^!WB;6KK2XM76W
MFL=8L(89)]+O[6YBN[.]B2='C:2"Z@@F4.K*6B&1BOG#XQ_\$X/VPOC3I?B3
MQ3KO[>_AZP\>^+M)T?PWKFL:1\(;BWT@^&+*XN[FXTR&R36Q=0RWLMR%N+H7
MQ80HR0)`S"1.(^,3?%#4M4^-_P"V+;_M!_$#3?$'PR^/FA:'X,T'3_&E_:Z!
M;Z'"F@QW5A<:2DWV&]-V;W4&:XGA>=3<Q>6Z>1$1Z_\`$OQM\>_#O_!6'X.^
M`-3^*C#P1XI^'GCN\@\(Z9`88&:P;PVL-Q=,26N+@/?7@'W8TC,85`_F.X!V
M'P<_9?\`C1H/C3P5XL^.?Q9\`:Q:_#W2M3L?"WA_X>?"VX\.6%J+F*R@@D$=
MQJVH,K6\$%Y"H1D5DOL;5\KY_,_A_P#\$X/VB_@C<6WBGX&?M?\`AC2?$6D2
M>)=,T2ZUCX2RW]BWA[5=5&J16E[;KJ\4ES?6ER9O*O(I[>)HYF5[1C\Q\W_9
M#^-GB7XJ_%_PW\?_`(ZW'Q[\/:CXB^*OB?1-'\1V'B4)X"U*&'4M4L]/\/2Z
M-<7DC1N+:VBD.H+IT!DNH=JWS!_+E^L?VIOVFM2^`EUX&\!>`_A]#XJ\<_$W
MQ3+H'@G0K[6CIME)<Q:?=ZC/-=W:P3M;V\=M93NSI!,Y.U5C8M0!PWP0_P""
M<^A_`F^:3P_\6=0U&&3X/'P3<2:KI<1N;FZDU"]O[C59'A:./?+/?2L8$B1%
M_A8`A1A?"+]D77OAMXY_9A^`,J2:WH'[,WPI$<OC>XTN2S74M7&D)H%H((R)
M$R]J=4FF19F:#?;*=XE#5#XJ_P""C?Q6TO\`9]\:_%?1_@;X$M_$/PD\4W/A
M[XN>&_%'Q.U&UMM-OH[2UNXH],N;+0;R;5S<17MJ84%M#(YG6/8)<Q#R;]OO
M]L+]N'1_V8=.^+_A/X3M\-/B+X+_`&?_`!?\4_%'A.7QT;BRT*[@LTLK.SO)
MH;79J3I'?7UXEJ\'V>2ZTN-'>/:EP@!^AU?'Q_X)9Z]K/[49_:2\7_&OPJ+N
MU.LBWU/PG\*HM#\0ZY#?V5S:+::_J-M>>3K%M;BX$L<8M+=O,MX'+DAS)#?_
M`/!1?]H'PMX,\1:CHW[*^C>+D^#OP_T[6?C?>V'Q/$<UI=S:8NI/8Z1')IX.
MI7"6;1W#_:CIR;;F$(TC,P2EK'_!6GQE;:YXR\7Z%^S'IU]\+_`/QA\.^!/$
M/C!O'[Q:E+_;<>AFSOK333IQ695EUR%9HI+F(HB!T:5F:.,`Z_3_`/@FA;VG
MP:\7_"EOC9<QW7B+X6>$O"NC^(;+05CN-"U'P_!.+/685:9PTJW,D-RD9QL:
MW`WMG<,'X^_\$?OA!\5O"OPGL]"M/`>J:M\(O!]SX:T9?C3\-$\;Z/J%I<_9
M#//=65Q=V\K7IDLTE6Z2Y60-+,',BRNI].^$?Q9UC2?VZ_BK^RIK.JZCJ%O#
MX2T#Q]H$U_=&865OJ4VH:?/91EOF6-;C27G523M-XZKA%15Y;]JG]O/XR?!C
MQ)\1['X&_LLV/Q`TSX/^`5\3?$&^O_B"NCS@R07-Q#8Z?`+.Y^U3^3;-+(9G
MMD1)8MC3.QC4`Z3]G#]A7PW^S=XK\%:_X3U[1H+/PA\.-2\,?V)X?\#V.B64
M\U]J=OJ,UW%;6`CM[5?-AD_<I$2QE+M(S[F?U+X-7GQ9O_AW977QPL-+M?$K
M3W7VV#1X#%`L0N91;D(9Y]KFW$)<"5QO+8.,`?-?Q)_X*A^*/#&F?$'XE>`?
MV=+3Q!X`^"ND6E]\9=?N/&K6=_IC2Z5;ZO-#IEF+*1-3:WL;J&64R3V@.[9'
MYC@J,[X??MA?%W2_'_CKX<?"'PG%\2/%GBOXV:O#X+TSQ9XTGTG2]-T:ST+1
M[J>1[L6MY);PJUT@2&*V?=+=<A`7<`'OW[5'[/>J?M`>%?#S>#?&ECX;\6^"
MO%MMXE\%^(=3T#^U+>PU"&*:`F6U$T#31R6]S<P.J31/LG;:ZGFL;]G_`/9H
M^)OP)TW4=33XL>&]5\4>-OB+)XJ^*FMMX(F@@UC?8QV?V>PMQJ#-IY2.UL4C
MDEEO-L=NZLCM*)$X?_@D1\1_BG\5?V2=3\7?&;4-7E\0'XQ>/[2ZM=;UE[^?
M3D@\5ZI#%8B9R=T=O'&D"!<*J1*J@*`!6\=_\%'O$/PK_:L\)_L__$KX6^!]
M+TWQOXXD\+^'%'QCLY_%4\RABE^="CMBOV%AY;%UO&GB6>(RP1[B``=1HW[(
M?QE\4_%[P3X\_:5_:+TGQWI?POUVXUKP!#:>`CI&JC4)=/N]/:?4KJ&]>VO,
M6][<!4@LK1=S*Q!VXKM/V7_V>;W]GG1O&5OK7CL>)-2\9_$G7/%E_JO]DK9L
MHO;DM;6I59'W_9K1+:T$I(+K;*Q5<[1X3\&/^"IGBWQC#\+O&?QF_9OL?!G@
M[XO6.MGPGJUEXY;5+^.\TRRO+^:*YM!80I%#)9V%S+%,L[L2@1XXRRYYOX7?
MM/\`[6WQT_;Y_9X\1_$'X/W/PY\!>,_A#XUUW3-%TWX@3:FFJ1R/X>DL#JUL
MMK!!;:A#%)*PB5[I(_M,HCN&Q)0!]ST444`%%%%`!1110`4444`%%%%`!7RY
M\`?^4NG[2O\`V2/X7_\`I3XMKZCKY<^`/_*73]I7_LD?PO\`_2GQ;0!]1T44
M4`%%%%`!1110`5\U_M8?\$FOV)?VM)KGQ?XF^#ND>'_';:K;ZMI_Q'\-:9!;
M:S::C;EWM[GSPF9=LK>8T;Y60JN\-@5]*44`?EE\3/V)?VV/^"7?['_Q+^#G
M_!-'P9J6MR^-/B!K_CF_\:Z5;:<TGA#P[%YEU;^'+"QNIY)[ZZD2%;="L$B;
MKZY<*K[*\]T__@K;\*_A3H4_PR^*OPR^(OP-U8V.GZQX+UGX=^"S8ZAXA2YE
MFTZ?6]4\/-%%:GS+S2W.W]XRQWEK$N7\S;^Q]>7_`+3G[('P2_:R\`ZOX!^)
M^AS0#7(].BU'6-%D6VOYH+&\^V6UN\VT^;`LY=O)D#QYE<[<MFLZE*G55I+_
M`#^3W7R.W!9CC<NJ<^'G;5-K1Q=K_%%WC):M6DFK-IJS9QGP[_;!U[QA\-O#
MWC7X->%U^-NA0:):P^+O$W@K5[*TU2TU86L<TT-QH]R\9M)RDUO*;5IO.C\\
MH\:[5,GJOA_XZ_"?Q%XTN/AE!XXTVW\5621M?>&+J^B6^@+H'QY88^8`#@M&
M73.<,:_)7XS?\$+OVK/V4(O$_P`1_P!D_P"+^LWTDJP^(+35O`>J7&@:U9ZO
M!HEO8W<-K!"[0*FK:D8[R[9MXAM-.:)1))(&:;]D+_@N!JGCO3M6^#/_``40
M_8"\2^.O&7PAT>VUN'7O#_A.WDU:73+>PM[J36;BQU*6$V;1@K)<%90RM>VT
M2Q.6D81[.M!WA*_D^WDUK\W<ZUB\LQ,5'$T>1VE[].Z;DW=.4)-PLM5RP]FK
M--;6?ZZ_$/Q-XJ\)>'CK/@_X<7WBJZ2=5?2=-O[6WG:,YRR-=21Q$@X^5G7(
M)YXP<7PM\?/!&KZ)INH^-8[GP/?:O<SP:?H'CB2"POYWA($GEQ^:PE`RIW1L
MPPP.<$5PGPX^'?Q<T?XDW_CSX1_M6)XM\'7TYENO!OBZ)KV33C+;QW,4-O>Q
MRB6#<LL+`3QRE89@VUR5)[3PM'K_`,</!6K>$_VC_P!G:RTF`W/V:;1]2U*T
MUBQU.+:#YT94`E-Q(`ECC?*YVC@UFJE:4]FGKHU=:=;K:_F_D=E3!Y71PZM.
M%6"Y6YPDXU%S)KD=.I;F<7J^2+73VEI)KOJ*\H^(?P*^*UI?^']7_9M^-8\'
MV_AW2X=/@\':CHJ7NA75M$&6-&B1HIHF",%WI+TCC&WY<GMHM?\`B(/B-)X=
MN_AW;CPX;0RVWB2#7%=_,`3]U+;-&K(Q8O@HTB[54D@L57:-27,U*+7XI_=K
M]Z1YM7`4?91J4*\9W3;6L)1L[6?-:+;O=*G*;>O8Z&BBBM3S0HHHH`****`/
MF[Q#_P`$S_A%XA_X*%V'_!16?Q/JT?BFRTJ.Q.G1S.+>18X3$G&_9C!).4+$
M_P`0QBOI&BBN?#X6AA7-TE;F;D]6[M[O7;T6AU8G&8G&*"JROR145HE:*V6B
MU]7=^84445T'*%%%%`'YY_%;XK_LIV?Q9^)OPU^.7QS\2>"-6MOB7<RSQZ9X
M)OKT:AIEQ::;*\(D6SFC"O):P-YB'<OE%<C<:S_BG\7_`/@G)\6?'FJ?$K6O
MVQO%5EJVJZ3'I]XVF?#'488;G.G2Z=<W=Q$NG;;B\DM;B>))V_U*&-$7;'M;
MZOL/VC?CCXI\<>+?#G@KX1>`_P"S_#7B>;1K6\\1?$ZYL;B_>*UBN))!!'I,
MRH`LAX$C\(6..@DM_CY\>+OPZGB^U\&?!B729+I;6/5(_C==-;M.SA%B$@T3
M:7+D*%SDD@8S0!\J?!7XE?\`!(KX"^.?"'Q`\`_&;5X+_P`'65Q:VDH^&^IJ
M]W',VH,WGR)IP=SG4).<\^6A.><S?!7XU?\`!+K]G_Q'XS\8?#;]HK7(M4\5
M:8VGVEU?_#K6;@:;;&:6<QA6L_WH,LI)SC*H@/(+-]2V?Q[^/.HZ3J.OZ?X+
M^#$]CH[LFK7L/QNNFALF4983.-$Q&0.H8C%6-!^,W[1OBF]FTWPQ\.?A!J5Q
M;P13W%O8?&B\F>**4$QNRIH9*JX!*D\-@XSB@#Y%U+XO?\$V?$7@#PW\,/%G
M[6&OZAHOAZ[69+4_"W5(O,C^U)>R6BF.Q&+5[J&VD,#^8NVVB489%<.\-?%3
M_@ESHGAJYT*Y_:0UHO-K6BW]I_9?POU.QM=-BTW68=6BL[2VBT_R[>W>>!`Z
MJ,G+-G<Q-?9O_"6_MA_]$)^&G_AV-0_^4-'_``EO[8?_`$0GX:?^'8U#_P"4
M-`'S3K?[97_!.'XBV>HR_&3]H?7M;U'5M%T[3KR\T_P7XATWRUL[R:\B:$VU
MLKQYFE4N`^V188U<,H(.3\'/VC_^"7/P!UC6-7^%/[17B^Q/B2QL+?Q)'?>&
M/$-^-0-LMZ/,S=6DAA9S>`L(BJ@6\:J%7<#]6?\`"6_MA_\`1"?AI_X=C4/_
M`)0UQOQE_:A_:-^`D?A'5OB#^SYX)DTOQ/\`$70/"DT^C?$^\GN+0ZIJ$5FM
MPL4NC1+*(S+O*&1-VW&X9S0!XO\`\$YO$'P4\5?M3^)?"?P'U_5?$7A#PC\"
M_"?A>WUC6?#UU9_:OLC7,.U_M$$0=RBJ6"KCYN@!%?1.O?L3?`]KJ\U[X5V.
MH?#C7+P9?6?AYJ#Z66;^]);Q_P"C7&<#/FQ/GKP0"/6+V^LM-M6O=1O(K>%,
M;YIY`BKDX&2>!R0*S)/B%X!A;;+XXT=3CHVIQ#_V:LJM*C5_B)/^NG8]++\?
MFN`;>#J2C?=1;M*W22VDO*2:?5'R;^T[^P%^U-^T!I&@>'?$_P`9?!?BJ7P]
MK$-WH7C#6=&N=)UC25#IYH!L7,=T'1<%1]G;=AA(A`K@/B3\+_CS^QC_`,%(
M/AW\=$\2^(/BAI'B_1=1\+06VVW@U3R(H'NDMKB<[$O9<H&1GV/)Y`!.4!K[
MXTGQ=X4U^Z>QT+Q/IU[/'&))(;2]CD=4SC<0I)`SQFO@S]HO_@J)\!?$G[0$
M7[/OC[1-:LM0\%^/=(U+P\_AK3?[?O+N_M;M6,/V?3VF;RKRUD:.&4[/+DE*
MS!.`WC8S`X2G:I%M3<HV=V]8O9MW6JNO>O\`@?J/"W%W$N.Y\#7I4YX6%&LJ
MD.2$+0JQLY1C%1DE&7+-JBHWLW:\FW]!_"+X+_L*_M-:')\7-&_9&\-Z1K,4
MD^D:L-8\!6VF:YILB$-+93O&@D3[RL560HP8')S6MIWPI_9RU+P]JMSX#^-W
MBO2;?PKJDMGJ-YIWQ9U4PZ+<0$+);O#<74EO&J`!?*DC,:J054<&N0^*?A7X
MY_MF^&(H7_9@A^'_`-C667PSXJ\<>+S!KFE2R!X_M-M:Z0TOE.45'VR7<;8<
M+)&2'0?#M[_P3I_:A\$_%_Q9XV^*?[7<GQ7TS0-,TR7XIPZUXANO#>D>(9HY
M4DATA[E[BXD-PD04B5Y&5`\8VQ>:J#;'X_%9?3BW!2OI?SLW>W1*UWOI=^1\
MQDF0\-\1.MRXIX>IO"G-7C\22C[6Z6J=HN2A:5D[IN:Z/QO\,_CE\,?C:G_!
M3'7?VY?&*>"-"9M3\+?#/QGXQMXI/%,#1(EO!Y"*HW2I&LBKMWE9U(5FR#[]
M_P`$XOVPM?\`^"K?A'4/B?\`$GX6>(_AIJ?@Z<VL7AR\@5'M;B9+ZW^WV\K,
M6+E0"OF1[4\I'3/F$CS/]DK4?!'Q`^+6B?&[P3^PKH?@WP/X;U%9M2M_!46F
M2ZC!=NS1+>ZU(QBNIXX)8[FX4JDC$DR<[1YE:P_;T_:<^&/B+P?H-IX<U+0/
M"E_JEOJFHZYXA\,3VVGZK]KDCN)@^HFUN"ML[SREKM8_EC4N&RI4^%E=54\=
M&<*S5.7,WS*W/:WO*]N5.4M-W:%NIZ^>\.YLL-/#5,)SUX<J4:4E-TT_LRY'
M+F<8QUV7[Q2Z'%?M9_\`!$R\^`W["GC_`$C2?VH]1UC1;$:3>V.BW=E!I=E:
M0V"I:BXN!YDBWMV+-$0R!5GN)=Y)D:2../T7]BSX::-\,M$_8VTGPY8>'#>7
MK>.;R]DT9[=HYI9-/G,4=Q-;@^;-'#Y,$CMNDS"0Y+`U6\(?';_@L7\4/V=O
M'I^-'[*]CJ%W!!H%YHJOX9LYF:4W9>X6QT]WDAU(QS(I$DMQ`(X(HIT\URN_
MR[]G/XF6/P)\0?#EOC]\5],\''0OB1X\M-3:UT^3/A2>XTJ2TA,H,9!:6>VE
ME3(PS;@0"&4?13@Z>:QJ7TG%JWFM;_=H>9A\5'&^'&(P;A:>&KPJ<UF_<J)P
M<+W]U*:4G=6;LF[J*?V5X:_9A\`:7\"?#OPV^)%U\+X+(_$:/5?$%T+R.XM;
MW56N)IKRWL4EBB6R=IDB5(8\LB"1#N(+/Q/P'_X)[_$/P_H$UCX"_;$>6.SM
M[>PO?^$/\47UM%-?6RZ=;RWUS]DG4/=7"6=T\JR;BDEXV&<@R-XK>ZC^Q1/\
M$](^"4'_``4Y\&)9Z1\0+KQ)%>1>#;B)Y(YS+NM'1)PLD8#IN5LI(0=ZGY=O
M1^(_B'^P5XMOY)-7_P""CVAP:;;7%RWAO0;2WU+[-HD<UQ8NR0LTY<[H[6=&
M!.T"^F1`D>8V],_/SVOXV_L7>-/'/QU^%OC7Q5^T5H*7FC>'='TO5K+5YI4O
M-0N;2Y\Z6ZLRLJEI)7P0'#!71'P2!CT'P=\#],\.?\%!?B9^T/X9\;>%[NX\
M6?#[PIH.N^&$O-M_9G3[G5I7O)@NX_O(=0MTC#!<B`Y;&*^6_B5XM_8I^*'Q
M#^'_`,7[_P#X*%^'+O3/!_A_1]%\4#5O"=U>'4'LY&E%S!<F0"SN)79OF=92
M,DC)R&G^)_QB_85^)/B#QI*G_!17PMI6F^*=(\2V-L]EHMT;ZT&N6EI;W+O,
M9-LK0_8XS#\BX!"MG8"0#T"S_86^&;>(OAQKVC?%CP='I&A?#B/0M4^R:U#Y
M>KZ7:3$-%;H(MT-M&MQARLQB+/%NB#*KFWX;_98\/:E:>#O%OC*\^#,D.G:C
MXGU7[=I.K+]C&NW5K<09MH_LZH]G;VLES')9EANP)I7DDB9G\,TGQ1^QM/\`
M%W0?BC\0O^"J&@>([;3="N]&O-`U+P]=2HMA->PW0MK>XDE>5$7R1&?,,C.H
M7<?D`JY<_$']DJX^+/A7XZ7O_!3KPE_;/A_Q5K.N?8W\-7S03M?Z?>631I.U
MQ]H3:+B'YR[%4M(HT"!%(`NCW[]H_P"'/@CX2?L._!SX=?#J[TVZTC2_C/\`
M"V.WOM(2-;:]<^,=(>6Y01_)^]E9Y25X)D)KZ\K\X?%'[1_[):?LR?"']E+X
M4?M+:'XY\46WQY\`S;=&TR>&2^/_``FNGWMQ.4;>20IDDDE=RSE7D<EF8U^C
MU`!1110!Y5^SS_R5SX[?]E5L_P#U$_#U+^VO\,KKXO?LS>)?`VG?"R7QG>RF
MSN].T&T\11:3=-=6UY!<PW%K=S(\<%U!)"MQ`T@"&:"-69%)=4_9Y_Y*Y\=O
M^RJV?_J)^'JYS_@I7\6O%7P8_9#U?Q-X+U&]LM0U;Q5X7\-)J.G71@N+*/6/
M$.G:3+<12`$I)'%>NZ,.0ZKR.H`/%/V,?V#?BSK'Q\\8_M5?M,>)?BO:W.L:
MQX5GTS1?B9J_ABYUC4/["AUE86OUT"%M.@M_.U@2Q0V;H^_3X9)'S)-&_P!-
M_"/]F7PG\%?C#\2OB[X.\7:\1\4M<M=:U_PW=O:MI]MJ<-C;V+7=OM@6X1Y;
M>TM5D1YGCS`&1(V:0OY/^R&VI_"+]M3XQ?L?:7XX\6Z[X3\-^"?!_BGP^_C7
MQIJ&OWUC-J<VM6UU;_;-1FFN7B)TN*55DE;8TSA=J[5'(?M!?L]Z1XR_X*#_
M``Y^&WPN^)_QBT;4;N>[^(7Q)OK#XZ>*QIL6E6<T45OID>G?VL+*!;R]F0&-
M;9H_L]G=HJ(65E`/3OB)^R-8?$KXP_%;PGX^\--K'PQ^.OPSBT;QI;Q7*0/9
MWMLDUF^&#K*3<V=VBJZ*?*;3LEE+I5WX1?L/2?"C4?$_C:Z_:N^*/BKQQXFT
M/3=$/Q!\4OH<FHZ9IEC)-+!:6T-OI<-BJ^9<7#O));22R-,2[MLCV</XE\8?
M'S1/^"OGP]\`>(OBY++X+\0?!_QIJ-CX-TR!H+.)K.^\-Q0W%SEF-U=9NKK]
MX=J)'(J)&K>;)-\S:=XP_;._9>NO%7@K]JWXM^+O#\7CKPK80ZUJ][XQEUBY
M$]C?W9\2^*-`M+2\NKK3K*:TOM&T^RLX!',E_<VP6TW'S)@#Z[\>?\$V?A?X
M\^,FM_$V;XQ?$#3-`\6>,M'\6^-?AEI5_IZ:#XAUO3$M$M+RX+V3WR$#3[#?
M#!=Q0RFS3S(WW2^9Z9XQ_9U\$^-OVC/`W[3NJZIJL>O_``_\.Z]HVC6EO/&+
M.:#5GTY[EID,9=G4Z9!Y95T`#R;@^5VS_"#X_P#P@^,_PA3XR_"_Q5-?^'(?
MMD,]Q>V%U:W5I-9RR075O<V]VB7-O<0RPRQR0S(LJ.C*R@BOGOPG_P`%.OB'
M>_LXM^V+XW_9#NK#X8^(/!MEK_PUUK2O'EE<WNMR:A=6MKI>EW=I<I;&POKR
M2\@,01[FW4,1)<1OMC8`]+T;]A#P#HGQ0T[QG;?%/QHWAC1O$]UXFT;X7/=6
M(T"RURXEGFEU!"MH+YG,MU<2"![MK97E+K"&5"O5_M%?LU>$/VCM+T!M6\4:
MYX;U_P`(:[_;7@SQAX7FMTU'0]0^S3VK3PBYAG@DW6]S/$\4\,L3I*P9&XQ\
M\?&;_@J)\:/V:_#7B;0_CG^QYIT/Q"T$>#KG3O#7A7XE_P!H:9K-GX@\0)HB
M-!J$^GVSI/;S,6DBEM45LQA)65FD2QXR_P""FGQJ^'.KK\%?%W[(^C7'Q@'C
M?P]H<O@OP_\`%`7&F_9-:M]0DLM274;C3X',2OIMTDR-:JZ>3(8Q-B-90#:\
M1_\`!*3P9JL/AJ\\-?M8?%CP]K>A^,;KQ=J_B33T\.75SXH\0SP0VXU;48K_
M`$:XMI+B&&!(X/)AAC@4`1HNQ-G;#]@OP+XF\`_$/P3\<_BUXT^)-S\4?`!\
M%^+O$7BIM,MKZ;1O^)@%@B&E6-G!`5&IW.'2$,3L+$LN3X[\4_\`@L7X:^"W
MA^3PC\5_!7@?PG\2K'XGOX%UO2_&/Q8ATGPKIE\NBQZT+N77KBS5OL<EG-`(
MV%EY[S3+'Y"D.5=\)O\`@K5XH_:)\4?"KX??L\?`CP?XGUCQ_P#\)@FNZC#\
M7HY="TAO#MYI4%U+::C96%S_`&G;SIJ:RV\BQ0L<1)+'`SR^0`=QXN_X)>>!
M/&FEW>AZE^TY\7+>R\2>#;7PQ\3;33=8TRV3QW8V\+P1-?\`EZ>#:S^1(\+3
M::;&22/:CEECC";&M?\`!-3X!:SX#^(?PX37?$UGI?Q)^*6@>/-7BLKRV4V5
M_H[:*UK;VN;<A+4_V%9AT<.Y$DVV1-R;/H2B@#QSX2_!#Q);_M=_%+]J;QYH
M45C=:WI6B^$/"2)?B9I="TT7-V+B15^6&26_U._`CRQ\J"!F*L[1I\U?\%//
MV5?VI?C3XN^)/AO]FKX<_$S3Y/BC\'W\*S^*_!7Q%\/6^@:A=M%?0PC7[+58
MOMUG%:_:@ZW&CF2>YCEDBE`$40/WQ10!\S^-?^"8/PL^(:ZI::M\5O&NC:-X
MUT2PT_XM>#?#-W8PZ1XZ%K9Q62M?">TENHMUM#';N;2>W,L,:1REU4"MCQA_
MP3L^&6MZC-XL\"?%CQUX&\4IX\NO%>C^+?"=Y8"[TFXN=.M].N;2**[LY[2:
MSDM[:,-#<P3@.!(I5TC9/H"B@#S3]DS]ESP7^Q[\(#\&_`GBSQ%KEF_B36-<
MN-5\5WL5S?7%WJ>HW&H7+22111*P\ZYDV_+NVXW%CECY%X>_X))_!#PO\1H/
M'6C?&3XBPV-A\56^(6E>%X[S2TLK769+VYO+@R2I8"\OH99;RZS'>W%QY0F/
MD&$JC+]444`>#:%_P3M^!>A^&O@UX1.L^([RP^"-[J=QX9AO;NW8:A]NTJ_T
MN>.]VP#S$\C49R!'Y1#JA)(#*V7\`_\`@FUX(^`/Q.\%?$6P_:+^*7B6U^&W
MA?4_#?P_\+>*M6TZ;3M#TF\-G_HJ&&QBN+CR4L8(XIKF::?9N$DDORE?HVB@
M`HHHH`****`"BBB@`HHHH`****`"OESX`_\`*73]I7_LD?PO_P#2GQ;7U'7R
MY\`?^4NG[2O_`&2/X7_^E/BV@#ZCHHHH`****`"BBB@`HHHH`****`"O(?VD
MOV%OV:?VL;[3-1^-/@F[NY=-%W$YTO7;O3QJ-K=K;)=V5ZMK+&+RVG2RM%DA
MF#JRV\:XP,5Z]10!^:O_``41_P""87[>7BSQ+XH^,_[,/[:?C^TOO%'Q4_X2
MLZ-X$M+33)M"C70K?2PZ*;RV.J3>7864!WW,`%N9PB&25_.Q?^"2_P#P5=_:
M\\;_`!]?]C;]O72]*_M2#P8=>7Q;K=]9Z3J&GI;74]C>07]O&B1O*]^JK:HJ
M0N]DJW#A]RR3?J)6/=_#OX?W^IS:W?>!M'FO;A56XNY=,B:64+G:&<KEL;FQ
MD\9/K4RYK>Z;4'AU/]\FUY-)_BF3^'/&'A+QA;R7?A'Q3IVJQ1,%EDTZ^CG5
M">Q*$@&M&N=A^$'PFM_$<7C"W^%_AV/5[=`D&J)HD`N8U!#!5E";@,@'`/4`
M]J^?_C7\+/CI\//CA>?%7X7:3XX70=1D\RYNOA_XS2\GB=O+\UKK1=61[:92
MYD*M:,LBJ.$4EF//5K5:$%*4;Z]+_?:WZV\SVLMRK+\WQ<J-*O[/W6U[3E2<
ME]GFYEOTM%R>R@V?45%?.?A7]I7XHW>L'P=X)^(OP^\>:W"GF/X9\0P7O@[7
M&CR02+>Y2<R,K8!/E1+GY3M89;O?A_\`M3>$?$6L6'@7XE>&M7\!>+=0?RK?
MP[XIM#&+F7#'R[:[7-M=MA'.V*1FPC':!R2GC*%32]OR]+JZOY7N/&<+YO@U
M*7)S)*[M?F2WYG3DHU5'^]*"CYGI]%%%=1\\%%%%`!1110`4444`%%%%`'Q5
MXS^!;?$[7?''Q+7XZZ%\/X_`7QAUJ\O=9\2Z.+NR-K>>'TTZ=9";NV$#".Z9
MEE+D*P&58'%8MO\`LG_!F+]D/0_V5;G_`(*$^#1#X%T>-+B\A^S?95TN_P!*
MN-,2YG@FU"2=)IK+4RT$QN1;"8VTB6Y0")^WUKP1X,^*GA7XP_!_Q[\1D\.6
M'BSXS_V?'(]J9/M=P(-/GBM^&7"R&'8PRI9790RL5-<E\2?V3?V6K74H?A]X
MA_:Y;0=:\,>'-/@MK6R1869]+MA(VI7D8?%Y/%:PO'YAQY5NBH^_86(!U/\`
MPPI\(O&GPU\8_!'P?^T];7'B;Q9J^E^*]:,$%E=PSV]K<6C:3'<6`;S&T\1Z
M;'$R1RPI=&2\=FW3L15_8U^$/[._P&^)&F>-T_;6^'OC"2+P'/H'A:WT^:UA
MF-NMW]KU&X\QKZXWCSHU!6V6!%2-1/Y[1121XWP9^&/[#_P.U_6/B9X"_;5T
MZ>/P_I\U_K2KJ%M<R6/G66FV%[=2A,L$>'3+5D#+B-GDDS(K(J;7AW_@GA\%
MOA=X,\+_``VU'XR26]IJ&N"6VO;'2?(OM9S;,QTM;CS'W6<D<<]P]JP<M*7E
M5E`"``^E=*^/?P+UW5;30M#^-/A.\OK_`%&XT^QL[3Q':R2W-W;C,]O&BR$O
M+&.70`LG<"NLKX=^!_[)_P"RKHGQ`\.-X2_:_DUZ[UF6WN+6PCCB9M65!:ZK
M!-"ZYV7$BZ<MQ+(N5E1YBD<0==OUWX=^,_PM\67%G:^'?&ME=/J%_?V-D(V/
M[ZZL99(KN!20!YD,D,JNG53&V1Q0!T]?,'_!6B]\,6?[-GAJ/XB:Q;V/A"Y^
M,G@R#QO/J%]]FLO[%;6[47@NY"RJMMY6XR%R$"C)(QFOHOP9XU\*_$/P]%XL
M\%:Y!J.G3S3117=N249XI7AD7GNLD;J?=37@?_!4"VL]6^"'@OPGJ&EVMS#K
M_P`;O!.E/)<JY:U%QK=K']HB*.A65,[D;.`1R#2:35F5&4H24HNS6S/-;;QW
M_P`$L=8\.:YJWP/_`&)_#_Q!TSPW"#J/BBW^%UNNEAY`&B5=1U"%/MX821%1
M9?:W*2)Y:/PM4;[_`()O_$[X_6.B:OJWPK^"7P0M)`PU_0_"7PMT[5-3B:.=
MF2:UU&6*,*758R"\"[06#Q-RM?8'PL^#/@WX26-S!X?@>>ZO;V6YNM0NU0RD
MN[,L2!%58H8PVR.)`JJHZ%F9F^>/V\_^"BWCS]C+XL2>#=-^"]SXGT^[^#&N
M>(/#BZ?IEY/<ZMXI@O\`3[73=%3R$<`3K=3R-A6D"P,Z@A2#@L)A5M3C]R/8
MEQ+Q%)OFQE5W_P"GD_\`,\9_:6\8?\$?_P!E3Q]>_"O]MWXI>)/$-]H0T>*[
MT'6M`DCT@)J"3BU,]EHEE;6%VI%K<.QN(I/+PY&T9Q-\1?V\?^"'G[6W[//C
M#2=8U]+;PG\'8TEU2YT?P1>64WAY9;JWM0;5$MLLKS7D2F-$=6+$E#LR/E_]
MJ^X^!W[;WQ(_9S_:T^(_[*/B&;X@>+=4O-`^(=A)INJ64&@Z]H[Z<8+1X[R6
MR:""5YW43RK<>7',Q$,SHPKR/X<?L^_LY?\`"HH/VM_`_P"RG9^(M'T;P]HV
ML>+M(UWX=:I<G6+V\\47FE7=B;:?64M;V"UCO%OXW,[)<"VMBS0>2ABN=&C4
MI.G**<7TMH<F%S7,\%CXXZA6E&M%W4U)J2?K>^VGIIL?IY\,=9_;>_8=A.D^
M+].E^,/P.M+/RO#7B'PK+!<:]HNFC!MIGC*Q_:XUASOV^9P$9&55*-T_[+?A
M?X8_M,Z1]O\`AWJZZE\&="UF26PT[4)/M%WXCUS>9KFZU(3H9%1'EPD#[264
M.R[1&*^<?@I_P5*E_9K_`&?_`-FSX*?![]GWQ1XDT);O^POB1<0>$]3NKGP9
MH,%_#IUE=726S72PS2QS1W.UIYD*6\R1O,S0[_K/X_\`_!.3X,?%+Q"?BC\-
M/MW@+QK%'*T>L>#M1?2UO9F#!)+K[,`SLA=F$B%9"3AF9<K7D5\LG%Q</?C&
M_NR>MG;12L[QT3<7O9:VT?W%+B3)\]G/^T8K"UYVO6I0O"35_>J4N9)5'=KV
MM-JUVW3<GSKT3]JO4M2T/]FSQE_PCA$5[<:!-8:=M;9MFN!]GCVG^$[I%P>@
M..U=KX8\/:9X1\-:?X3T6+99Z78PVEHA`^6*-`BC@`=%'0`5\'Z/\<_VY/A@
MUK\)?VK_`(2>(_'>GP:]8E5TW15%_=K9W:W*2VEY`HMM1YC@#02I;RR(VWEQ
M,P^R_@_^T%\(/CQ8W%U\,/&MO?SV(3^T]+D5H+ZP+9VK<6TH66$G#8W*`VTX
M)Q6V$Q%+$8R53X7RQ2C+1JSDWI\UM\SS>(>%LTR++XIN-:CS2E[6D^>FTU%1
MN]&M5)+F23=^5O4[.OD/P\G@W]CS]N_XK>/?$GB6[MM#\?P>'+K^R;/21*L<
M]Y//:_;99@^Y(H[F*8/E2`;Y3]?KROC;_@I]):W7BK0[?1?#+CQ;:>'KS_A'
M8[Z(M8>-;2Y#V^H>'"4(8W17[--"I^9G<>4#(O&F9_NZ,:RW@[KYIK\GMU=E
MU-N`$\9FE;*YMJEBJ;A.UMHRC43U32M*"3E;]W%RF_=BS[)IES<P6=M)>74H
MCBB0O(['A5`R2?PKP#_@G9^U]X>_:M^$VHVEMX7F\/:OX)U/^QM2\/W^I&YN
M[>%$`MY9B0&#LJNC;AGS(9>H%>F?'_0O%GB/X?/IWA&$2S)<K<RVY;'G>2KS
M1(3O4;#<1P;U;*O'YD9!#FNS#UZ6)HQJTW=,^8SK)\?D&:5<OQL.2K3=FG;U
M3T;333333::>C9E_#GX7^*_^%KZK\6?'7B)+L%)8-"L;7*PQ^:8_.N&4CF39
M!;0(>=J0.PYGDSZ563X$\(V7@'P5I/@G3[NXN8=)TZ&T2ZNY-\T^Q`IED;J\
MC$%F8\EF)/6M:MCRPKE?%WP\O+C69?'OP_U.+2O$;6T<,TTENKV^I11L62"Y
M&TMM&7"NA5TWD@L,H>JHJ9PC-69$X1FK,PO`_CB'Q?#<V5]IKZ;K&FND>KZ/
M/.CR6KLNY6#*</&XR4D&`P!R%965=VL#QK\/-'\8^5J*3/IVL6;*VG:Y9*HN
M;8J2=H8@[XSDAHVRC!B".XH>&/B'J-IJD/@GXI6MKINN2N$LI[7S/L6J_N]Y
M:W=QPPP^Z%B77;GYE*N<U-P?+/Y/OZ]G^#Z=B%.5-J,_D^_KV?X/IV.NHHHK
M8V/*OV>?^2N?';_LJMG_`.HGX>KJ_C;\'_"7Q]^%6M?"#QP]Y'INMVHBEN-.
MN/*N;9U=9(IX7P=DL<B)(C8.&13@XQ7*?L\_\E<^.W_95;/_`-1/P]7JM`'C
M7PO_`&/9OA=8>)=5M_VF/B'K'C3Q==Z6^N_$C6H=#;5IK:PDW062Q1:9'8QV
M_EM/"0MJ'VW4SJZS,)EZ;P[^SCX'\-_M->*OVK;;5-5G\2>+?!^C>&KRVNIX
MFM+2RTVXO[B'[.HC$B,\FHS&3<[*VR/"J0Q;OZ*`.`\1?LY^"/$W[3/A7]JJ
M_P!4U5/$/A#P?K/AO3;.&>(64MKJ5QI\\[RH8R[2J^FP!"KJH#R95B5*X'QI
M_8I^$?Q[OO%VK?$'4]=FO/%>CZ/I\5S'?1G^PAI=\VH6<]A')&T4,RWI2Y:1
MTD,CP0!]R0QHOKU%`'GG[.G[-/@+]FOX3S?"?PQJ6IZU%J.LZIK/B'6/$4D,
MEYK6IZE=S7E_>7`@BBA5YIYY7*0Q1Q+NVI&B@*/*?"?_``2T^#OAOP!J/P7U
M3XV?%36OA\WA`^&?"WP_O/%R6NE^$]/\V.6/["+&"WF>>%X8?(NKN6YGMQ$%
MADC#.'^F:*`/AC]M'_@E_P",?&O[/'B&T\%_%'XA_%+XE^*O%/P_M=3\7>+=
M>TNSU&UT'1_%5GJ,BVHM+>QLK;R(6O+C='")IG4;C*X05L?M`_\`!-3Q3K6G
M^"&\(_&#XB^*_%MU\:M!U_QS\4]3UK2K37;73].L]02U>,6UK;68BMY+A0MO
M':LLGGR^;',))<_9]%`'SM%_P3;^&MEX9@DT?XU?$2P\?1^-9O%L_P`7K74K
M`>(+O69K`:=+<3HUD=.EC:R2.W^RM9FV5(HMD2M&C#I?!/[%OA'PI\3?`'QE
M\0?%WQYXL\4?#[0/$>E6FL^*M8@N)-476I]/GNYKE8[>-$96TV`11VRP01*S
MJ(L%=OLE%`&3X,\.:QX7TN>PUOQ]JWB.674;JYCOM9ALXY88I9FD2U46EO`A
MBA5A$A96E*(IDDD?<[:U%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110
M`4444`%%%%`!7QQX`\<>(/`__!7;]H_4++X=:GK>EI\%/AW<ZK<Z0RR7-LT5
MQXI,44=M_K+EI=TN`G*F(#!WC'V/7RY\`?\`E+I^TK_V2/X7_P#I3XMJ9)M6
M3L:T9TZ=12G#F79MK\4UJMUTONFM#Z`^%?Q=^&WQM\(Q^.OA7XNM=9TN25HC
M<6^Y6BE4`M%)&X#Q2`%24=58!@<8(KHZ\;\4_LP>(O#7Q.;XQ?LU?$5O"6H:
MEJ,EWXM\-7L4ESH?B"6155[B6V5U,-V0B#[1$06"`.K\8O\`PK_:U\%?$+XD
MZC\%_%?A#Q!X(\7V$LOV;0O%]DEN=7@1BINK"57:.\ARI^9&W#J5`YKGA7E!
MJ%;1O1/H_3MZ/7M?<]O%911Q$)XG*FZE*,>:47_$I*]O?LDI)?SPO&UG)0;Y
M5ZK11174?/A1110`4444`%%%%`!1110`4444`<9\>OB%K_PG^'S_`!(TFS@N
M++1[ZWG\10R6SR2?V9Y@6YDA"NN)(T8RC.X$1L-I)!'86US;7MM'>6=PDT,R
M!XI8G#*ZD9#`C@@CG-5/%'AO1_&/AK4?"'B&T$]AJMC-9WT#=)(94*.OXJQ%
M<#^RIKUT_P`-I?AEKNKO>ZSX"U*;P[JEQ,N'G$&/L\Y!)/[RV:!\_P!YF&3M
MS7$ZE2GCU"3]V<=/*4=_O3O_`-NL[U2IU<M<XKWX2U\XR6C^4DU_V\D=1\2_
M@_\`#'XQ:7!I'Q,\%6.L16DXGL7N8\2VDHZ20RJ0\+\#YD93QUKX]^*>@?MI
M?"S1K[P+\=/@]>?&GX;3(CK_`&?J*3WNE3K('CN(;I0M^IC.67=#<.@`S<G!
M8_<U%/$X.&(U3<7W5M?)IZ->3/9R#BG$Y&^2=*-:G=-1FY7@T[\U*491E2G_
M`'HN^U[K0^8?V4/VQ[MO!^@Z;^T-XKLOL?B"6XA\)>.+K5=/=+J6)V!TW47L
MII+>WU!442`!PLJ,!A)DEB'TY#-#<0I<6\JR1NH9'1LA@>001U%<K?\`P(^"
M^I^&-?\`!5_\*]`ETCQ5JCZEXCTQM+B\C4KUC&S7,R8P\I:*-BY&XL@;.[FN
MFTW3K'1].M](TNT2"VM84AMH(EPL<:@*J@=@``*O#4Z]*')4ES6Z]?G_`%Y>
M;YL_QV3YEBGB<%1=)R;;BK<EMTXI?#U3CJM.:/*GR1FHHHKI/`"J?B#Q!H7A
M31+OQ-XGUFUT[3K"W:>]OKV=8H8(E&6=W8@*H'))-5/'?COPE\,_"=YXY\=Z
MW%IVDZ>BM>7LRL5B#,$!(4$_>8#IWKG_`!7X&^$'[3_@C2;K6;Q/$GA:XFBU
M""VLM4<Z?JJCYHQ.L3!;J(,`WE2;D+*-RG%9SF]8PMS6V;_K0[<-AHMPK8A2
M5%RLY1C?5*[2NU%RLUHVMTWH8_PP^,7Q)^-OB6R\4>"O``T;X=>5)*FO>)(R
MM[XA0^8D3V5LCAK:`E4F$UR`TD;J%A`?S5]/HHITXRA'WG=_U^']:BQN(H8F
MM>C25."T23;=N\I/64GU>B[*,4HHHHKQCXD^,/'_`.S?X]U?XJ:GK=QXC^'6
MI/;3^(M)R\U]X1^7RGU&!<LTUB=BF6!0#$1)+'D>8M35JJC%2:TZ^7GZ?\/L
M7EV7SS*LZ-.252WNQ?VY72Y(O;F:;<4[<S7*O><4_&M0^-7PI\`^._BE\+OC
M/\/_`(WV\LOQ7AU[3-0\'?L_>+M:M;A(8K&:&6*\L-(NK65?,APP5VQM93@U
MY_XV'["WQ`\9WOQ"\1?\-9MK%[936INX?V5?&2>2ES:M:ZAL0>%M@-Y')*9B
M0=K2L8/(PFW]`]%UK1O$FD6OB#P[JUM?V%];I/97UE.LL-Q$P#+(CJ2KJ000
M02"#5FM4TU='#*,H2<9*S1^>_@VW_P""=G@3P]XS\)Z#X(_:F_LWQEX4O/#K
M6=U^S)X_F71K&Z%SYR6)?P\3$2;J5LN9.2,@\@])X\^+_P"RC\1?&&E^--=U
M+]JV&ZT/2+[3=%.G_LE>+K>6RM[J+RI$2Y3PH+HIM"GRVF,3-'&[H[QHR_<E
M%`CXB7XL_L*60T@^'?AK^T;I)T'5GOM)%A^R7XYV0?\`$FGT:&W\N3PX\;00
MV<Y6.-E/**6+C<&PO@AXD_9)^"GB+1;[P3\3/VL-/@T/2KBSTZU\0?LQ^([;
M2[.W>_?4[H)Y_A2.&S63YX2(C$J0*D40C\N(K][7=W:6%K+?W]S'!!!&TDTT
MSA4C0#)9B>``!DDUY)K]K\5/B]\7M&O_``3XUCL?`VFB&YO;W3;E&>Z8&*9K
M1XVR=\HVJQ9!Y,/F;6:2X!MP#SKX6?MW_LH?#GP7#X:\&^"OV@[S3I+V\U""
MZ?\`97\?S>:;NZENW97CT(*R;YVVD?P[>3U/$?M9?M3^"OVF+?X7?#?X0?"+
MXW76J1?'KP1J=RVL?LX^--)M+6RM=;MIKBXFN[_28;>&..-6=FDD4`*37VW1
M0`4444`%%%%`!17YM_%OQ1_P4YO/V>_B-JWPXF_:%M/B;IOQ/LQ=:#'X:\.O
MIFJZ:+O4<6WANX=<VUA(K6@DN[KSYXXX(LHQDE=O`?C5\:?^#G/_`(0Z:;P!
M\&_$BWNLW\_BW2AI\6E2W6E:+<1W%M'X?N4:TCB^WVYBBNCM=MS38#$;80`?
MLMXB\/:'XM\/WWA3Q-I<-]INIV<MIJ%E<H&CN()$*21N#U5E8@CN#7QG\9?V
M!/B?\+?&2_$+]FI]2U*VMK0PZ`^E:VEGXC\+8!81P7-P?*U:PRJJ;&\;@'".
M,DCC/V[?BO\`\%1M>\1?";1OV=_A/\8-!T'1_#INOCQ<^"[#0)M1O5G71W$.
MD27SR0S7L#/?1L"B*0)BF_:C+\F2I_P7[UKXB>`M`^+FL_M%:OH5KKVAZIXA
MUKPOX6\/6+:=$MHLD=FL04?;)!,5^USN50'[1%Y;@1L_+BL'1Q<5S[K9K=?U
M_P`'=)GT7#_%&:\-U9/#-2A+XH2NX2]4FGY.S5XMQE>$I1?Z*_L\_P#!1[1Y
MO$^D?L^_M;Z8?!/Q"NK:W6VDU/RK>'5'D"B,/#YC/97#D@&"3Y&)S%)*A!KW
M?X^?!?0/CY\+]1^'>LW36-S,GG:'KD$6;G1=10$VU_;-D-'/#)AU965@1@,,
MFOGS]M__`().?#?]J_Q<?B]X1\>:GX5\9%XS/</*]U87BICAX2X:%OE7YH70
M`@L49CN'A?[,G_!2C]HK]DCXO0_LA_\`!0[0M3N3<:_#I^@>-=3:*`VUF?W*
M2R,L:K=P%ES]H+;_`+Y)?HOD_7*N#F\/CU[DG:,]T_*79^=O\S]'APME_%&&
MCG/!E3EQE&*J5L+\,HR3NY4.:ZG!6;<>9M*UEJH+4T3XE_M`_`O_`(*9_#WP
MEXL\$:=X,U#XBV0T?XD:@OER:5XS>S$_V35+:5-SQW$N640R!)%9PK95R]?=
M?QHTOQ'K/@&33_"]]);W+:KIK321*Q<VJWT#7*KM!.6@651T'S<D#)'RG_P4
MW\9>'_C#^S?X=_:(_92^)5KJ?BCX?>-K.?2M;\*7<5Q=6!NT>U>UDP28?->6
M%7B==S%5C*\D5[)K?[0GQ)\0:3I'PB^#.CV6O?$.\\,07OB+4;C%MI_AXO&@
M:6YC+.RS%WREIDN0"6.U236%Q%+`5*M.<G)-IQZWYELK;NZ;=E;=OJ>7QCAJ
MN>95EV91HQHU%&=&K'6+C*C*ZE+FU4?95*<8\TFTHJ$5911T'P>_:;^!7B3P
M1H5B_P`6/#UIJN--TF\T>]\1V[7-MJMQ`6CT]\O\]T?+E`099C$^`=IQJ1_M
M6_LN3>/++X61?M)^`6\3ZD(#IWAQ?&-B;^Z\^%9H?+M_-\Q_,B=)$VJ=R.K#
M((-?%G[(O_!+#PGX?A\4?&#X$_''7_#'C?5O'>EZ^=4UDSZ@;&6&*.::$VR7
MD49$OFSV4PR$:$W,:J&99$]E\%_\$N=.\._$*R\9Z[^T9XGO[?1K/3+70K.T
MLK>TE@CM+`VX\Z90WVEA.+>XB=E#Q?9HXR9%48]+`5,95PREBH*$]=$[^FS?
MY_=LOSC,:6!HXIQPE1SAI9M6Z:[I?EY:[OZ(^'WQD^$'Q;2:7X4_%7PWXF6W
MA2:=O#VN6]Z(XWEGA5V\EVVJ9;:YC!/!>WE4<HP'25XI^QA^Q=X<_8[\*'0]
M,\5)K=]+H\&FWFK?V%;V,EW%!J&IW<#RB`?O)5343$TC$M)Y(D8EW<GVNNPX
M0JAXE\,:%XPT:70/$5@+BUF*EDWLC*RD,KHZD,CJP#*ZD,I`(((S5^L?QYXT
ML/`/AF?Q'?6<]VR,D5I86>TSWD[L$C@B#,H+NQ`&2!SDD`$U,W%0;EMU)FX*
M#<MNISGA[Q7XH\$^--,^$OC2X;6FU.*>31]<MS&LWD0HI;[9%N!#`D+YT:E&
M9T#"-B-W=URWP^\&Z[IEY>^,O'>I0WFO:H0)/L\>(-/MQREI#G)*KU9SS(Y+
M84;47J:SHJ2AK\K[I&=!34-?E?=(\J_9Y_Y*Y\=O^RJV?_J)^'J]5KYK_96_
MY2!?M4?]A;P=_P"F".OI2MC8****`"BBB@`HHHH`****`"BBB@`HHHH`****
M`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`*^7/@#_RET_:5_[)
M'\+_`/TI\6U]1U\N?`'_`)2Z?M*_]DC^%_\`Z4^+:`/J.N.^-7P,\"?'GP[9
M:#XU@N(IM*U:VU31-7TZ18KW3+V"0/'/;RE6\M^"IX^9693D$UV-%3.$:D7&
M2NF;X7%8C!8B->A)QG%W36Z9PGP=\:_%_6=6\0>#OC+\.DTR]T?4&_LW7M*.
M[3=9L9&8PR1!G:2*9%`26)^`P#*Q#[4[NBBE"+A&S=_4>+KPQ-=U(TU"]M(W
MM>VK5V[7>MME>RLK(****LYPHHHH`****`"BO-_B/^U_^S'\)=9?PSX\^-F@
MVNKQ\-HEO=_:K\MNV[1;0!YF8L<!0I)/05Y9J_[1'[9/[1.J#0OV2_@;_P`(
M?X9F4!_B7\4+1[=F1L_O;/3#B64;0&1Y<*Q8!E4?,;4),]W!\.9IBX>UG'V5
M+?VE1\D+>3E\3[1@I2?1,^D]5U;2M!TV?6=<U.WLK.UB,ES=W<RQQ1(.2S,Q
M`4#U)Q7C?P._X*!_LV?M(_&K4_@C\%?$.H:[=Z1ILMY=ZW;Z8ZZ:?+E2,Q),
M^"[DON4JI1E5BKG`SQ'@#_@EG\-FUO\`X33]J#XN>+OC!KCS>;/_`,);J+C3
M"V<@)9*S*J@XPA9D`50%`&#]#^!/AC\-?A;IKZ-\,OA[H?ARSD;<]IH6DPV<
M3'DY*Q*H)Y/;N?6AJFEW9U8FCPI@</5ITZE3$U6K1DE[*G%]7:7-.?E=4_,W
M*\O%P_P[_:I^QS7X33OB-HADM[<Q(!_:M@JASN`!+26C)P<\6AYP`!ZA7FO[
M5G@_4?$'PIE\7>&G=-=\&7D?B+1&B.&>6US(\''42Q>;$1T/F#.1D5YV8*2P
M_M8*[@^9>=MU\XMI>;/(RQPEB?8S=HU%RM]K_"_1246_)-'I5%9O@_Q;X?\`
M'OA73_&GA34H[S3=4M$N;*YB8$/&XR#QW[$=B"*TJ[(RC.*E%W3.&<)4Y.,E
M9K1H****HD***IZ[XAT#POI[:MXEURSTZT3.^ZOKE(8UX)Y9R`.`3]`:3:2N
MQ-I*[+E?.GQV_99^&WPHLO&'[37PB^('B;X;^(18SZC?3>%KQ6L+ZZ$8`:;3
MIE>VG=RB*3L#,3G=GFO=O"GCGP;XZMYKSP9XGL=4AMY`DLUA<K*@)4,/F4D$
M$$$$<&OC+]JS]KSXP:K_`,%&_AY^Q%)^R%XLU?X?GQ%IVIZM\0+")GTYI?+#
MQQ3_`"8$<4LBR,.0WE#)'./*S;$4*6#YGJV[1?:33UNM5;5Z:Z66K2/H^%\1
MF%/&MX2HU"UZB33C.":O&497C--V5I)J^KT3:[KX<^/O^"HGP:@M$^._P:\/
M_%/26MU>^U'P9J=M8ZQ8_)N=G@E,<%V1]WRX0AR"5:3*@^CG]O#]F;3K.>Z\
M:>,M1\*O:,1?6_B[PU?Z:]M[OY\*J`1SG..>O:O8:*Z:6&KT(<L*K:_OKF?W
MKE?WM_(VQ6=Y1F=7VF+P,82ZNA+V*EZQE&K!::+DC!=6FSR+6/VZ/V9;#55T
MK0/'TGBC;#YUY=>"=*N-;@LHL@;YI+%)509/3J`K$@`$US6C?M,?LW>(/VH]
M.\0^%?C+X?EDU/P5>Z?K$$VHI!<6<EI<P3VXFAE*R1`I<W9!=5'R]\\>]:9I
M&E:+;FTT?3+>TB9RYBMH5C4L>IPH`SP.:\J_:<\">%M1\1_#OX@ZQX:T^[;2
M?'EI;7<MWIT4P:"]CEL0C%U.!YT\&#V8+CG%<^.CBHT54<HOEE%[-65U?7F?
MV;WTV*P%;AVI6=&-&K%RC)7]K"5WRNWN^RC]JUO>T=MS*TR_\5?LZS:EJGP[
M^'NH>*?AA<^7?6$>@ZW:3G1ED>>6Z>UMO+1WM\NA6))9=H4B)%&$KT;X:_'?
MX,_&+0M-\1_#+XFZ-K-MJ\'FV`M+Y/-<;264Q$B1'7#!XV4.A5@P4J0,+P;X
MLO\`5_VE?%'@/1;@0Z#X2\*:7"]A"BK$E]<R7,I(`XX@2#`XQO/&"I/96GP^
M\!6'B%_%UCX(T>'5I'=Y-3BTV);AF888F0+N)()!.><UMA92FKTW[J;5G_=;
M3M;I=-)/\##,L1@ZZ?UJFU6<8R4XOXN:*:=12O>333<HN-W>\6W=:]%%%=Y\
MX>:_M0>/?`7AKP%_PAGCG4+^&/Q0PL%33(TDD9'DCB8.K@YA=YHH'(4X%P,E
M!EUU=%TCP+^S;\/+;2[:349K.?Q###-=W4QN+FZO]3U%(_.E=B,[KBZ!.,*B
M?*BJJ*@P9/$/A?XL_'9OA_XD^'D=U%X3DDO]-U*\4@QW,)LF255[J9)9%4D@
M^98NVT@1N=/]IC_DG.F_]E!\)?\`J1:=7/BZLJ.%J5([QBVODKG5@J,,1C:5
M*>TI13]&TCT"BBBN@Y0K(\8>+[;P?%ITMS9O-_:.KV^GH$8#8TS;0QSV%:]<
M5\;?^/3PQ_V.VF?^CJQQ$Y4Z$I1W1OA:<:N(C"6S9VM<_P")?BIX!\'^./#7
MPW\1^(DMM;\7S7<7AS3_`")':\:V@,\^"JE4"1C)9RHR54$LP!Z"O&M(_8:^
M!VB?M+Q?M-Z5I,]EJ=CI8M])T[3;V>UMK:XD>8W5PR12A)?-C>"/RF7RU$`.
M"2"I6==<OLDGJKW>RZ^KMMYVZ';E=+)ZGM7F%2<;0DX*$4^:I9J";;7+'FLY
M.S;BI)6E8WM2_:__`&6M#\?ZA\+/$7[0/A+2_$.E3QP7VDZMK<-I+'*ZAD0"
M9E#,000%R:R/VA/VQ_`?[/NJ>$M-NO#FI>*I?&,QCTS3_"%Q:W>HR`A3'-%9
MM*DMQ"07)EB#!-@S]]:]1UKPWX=\21+!XBT"ROT0$(E[:I*%SUP&!QG`S67H
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M;2T]YJ[VZXWXX_`#X0_M'>![GX??&/P-8:U83PND375LC36C,,>;!(03%(./
MF7TP<CBOES6/B7^U=^Q]^T5?_%_XY^$H(?A9KQB'C?5]!U&YU'2;.?'EIJ-O
M:[&NM/D)\M98RLD4A;/F`HK5]0?#+]H[X$_&2^ETGX9?%;1=7OX(Q)<:9;WB
MK=PJ1D%X'Q(G_`E&#P>17/3Q6'Q7-2J*SVY9=5WL]T_\SWL=P]G?#KHYE@JC
MG3LIJM1=U"6EXN<&U"<6U=-IV<6TKV7YN>)?@Y\>_@U^T-=_L7^.I[(+\0-,
M71O!'Q=$*#4'TM)5E@MI0KJMQ,)[:UC,THDGMQRC>7(@'TI_P27\=?&'1_V8
MK'1_C+\,[YI[[QUJ%G9^(-/L&DGO22SS7>I'<3N6=9+<W!))\M$890N_TM\6
M/@=\-_C6=`?X@>'X+R3PUX@MM9T>:2WB=X+F!PZX+HV%;`#`8)'<<&OGG]GK
M2I/@A_P4R^+OP]U;5["TTWQ[I>GZ_P"%[*YU)8Y;F9S<27"V\!8&0^<M_+*R
M`[<(6(W`#R*>6_V=F,*JDVFW%>2:ND_FFK[NZN]#]"QO%]#C?A'%8:K1BJ]*
MG"M/2W-*G)4Y2IM/W7.G4C.<$G#]U)J"<N9>WZ9XYOM)^.ES\-K>RM;?3V+2
M2VT5MMD9[F$W$%R"&QM>2VU5')4[FCCP00V[T6O/_C?XZT?X3/I_Q"U#PE!<
MJLOE7.IM*BR01H&8HNX98F)[EU&5&4VDY=:]`KZ4_#0HHIEQ<6]G;R7=W.D4
M42%Y99&"JB@9))/``'>@"OKVN:5X9T6Z\0ZY>I;V=E;M-<SR'`1%&2:YGP?H
M>N^+=:A^)OCK3[NPEB\S^P/#]U)$W]G1.BJ99-BG_27`8'YW6-9"BGEV:GH,
M(^,7B2/QQ?3F3PQI=Q_Q3MBT1$>H3!1F_D#J"RJQ985Y7Y3+DDQ[.]K"/[Y\
MS^%;>?G_`)??V,(_OGS?96WGY_Y??V"BBBMS<^:_V5O^4@7[5'_86\'?^F".
MOI2OFO\`96_Y2!?M4?\`86\'?^F".OI2@`HHHH`****`"BBB@`HHHH`****`
M"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`KY<^`/
M_*73]I7_`+)'\+__`$I\6U]1U\N?`'_E+I^TK_V2/X7_`/I3XMH`^HZ***`"
MO@/]OOP!_P`%DO$G[6&J>+?V2WD;X9_\(.NAZ+I6F^-K/3Y8]86*?45U>6&8
M#S(S>065@^)E?RI'`@>)YG/WY10!^*_BS]GG_@Z,U75[_7O"/C/7-(NM;U2+
M5)+6?XDZ3<V>G&[@\/7$MI$IF`C2UNQJJ%$C:,107$41F2:%Y?=X_A)_P6-U
M;]D+XH>#/A]>?$#1/BE/X2^'-IH>O>+/'=E=177BVWUJX?Q5J5@?M)%OIKVA
MM6$!$,<D:O'%#N+(?O/XY?M1?L__`+-NEQZK\:_BCIVB>>Z):V;;Y[RX+-M'
ME6T"O-+R>2B$#J<"O&/VU/VL_P!L+X?^/M+^$/[(/[*VJ^*+K5--2:?QEJ6B
M73Z5922MA%WIM3<J!F;>X`+)P<%3<82DSW<JX<S7-Z].%*"A&?,U.HU"G:%N
M9\\K1?+=72;>JTU/S7UO]FC_`(.L=4O6\=V_C;Q=:ZSK2ZY>ZKH]O\3]&_LS
M3S<6C26UG;P_:U$3*\SVZ,NZ.&2&-P=B^8_T]^S?^U=^W3^Q%\.OB;XN_;U^
M$LMQKTFOM=>&],\2_%W3EEO;)[W4I56V)UR_6016[V:!(-/L'8!04N67<GK5
MC^P!^W1\>)K/7/VM?^"@'B'3[29%;4O"'P]C^P0[6P6@\Z(HC;<`;FBER<G/
M=N]\'?\`!(G]A+PO=SZKK7PIN?%&H7,OF3ZAXJUJXNY9&SDLPWJK$GDDJ2?I
MQ5*-*+]YW]/Z1]!ALLX*R?%PGF.-^M*+]ZG1IS<7K\/M)RHNWG!/R9\I:S_P
M7U^.OQ)A'AK]G_\`9#MHM<F!6(W&JW&LG)(P5@@@@8G&[JQY(XX(/I?P8_9A
M_P""HG[52Q>)/VR_VF-6\$>%KN;=<>#O#@BL[^YM_E;RV-JJB!6!*_O&>0;2
M&3G)^ROA=^S[\#/@EYS?"'X1>'/#<ES$L5S/HVD102S(IRJ/(JAG4=@20.U=
MA52JP7P1L>IF?'>082#I<-953PU_^7E3]]57^%U.90]5=]FCS/X%?L<?LR_L
MV)'+\&_@YHVDWJ0F-M8^S":^D!&&W7,FZ0[NXW8/I7IE%%8MN3NS\XQF-QN8
M5W7Q5252;WE)N3?S=V%%%%(Y0HHHH`\=_91T32OA-?\`C/\`9QLB8XO#7B&3
M4=%@QA!IFH$W$0C&>B2FXC;`'S)N_CKMK_XM6C01S^#_``1XA\2;[@Q-_95B
MD2(0SJ29+N2&-@&C93M9L'&0`P)\`\??\$X/&/C/_@I)H?[?-C^U%XDTJRT:
MRBMF\#67%I<QK$B,CY/(?:^3Z3.,9YKZ!\!_9]"\6>)/!,?R*E\NJVD7/$5W
MN9R,GG-RERQQQ\X[\GR,OCB:--X><.2,92C%W3O&[Y;=K1TUOTZWMZ.=U*-?
M$0K4JO-*I%.>C34[)RWT=W=M]]M-26U\1?$W4HA<6WPUM+)3_P`L=8\0+'*!
MVR+>*=,^OS\$<$CFJTWA[XR:K(&O/B3I>F0[<>3I'A_=*#R"?-N)75NQ'[H8
M/7<*ZZBO2=.Z]YM_.WY6/)=+F^*3?SM^5CF[3X;6WV00Z]XS\2:I,)"YNY=:
MDM7.0!C;9^3'CC.-G!)HT?X/?"O0=477M*^'FCQZ@@`346L$>X4!@P`E8%P`
MRJ0,X!`-=)13]E2[#]E2['YH?$/_`()3_M7>.OVD/[.\3?M=)HGAOQ%/*\EE
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M^.0W[-/[0]AX)T/4]%L;'5+ZYU.^%YI307-S-/+8VT`$#RW4<T,#RW#.8T@!
MB5'^>M34^E*\\_:OBOU_9V\5ZQI2;KO1M-_MBT`D*D2V4B7B$%>00T`((YSC
M%?+FH?L/?\%1[G3[2XE_;ITV?4;XZ_/JBVFH:S8VNESW5M;1V*Q)Y\SWJ0R1
M7#GYK-5\\%(QM*MUGB/X:?M%_"+XB^/?B#X\^/T?BCPMI_@VUL_AC\,E\378
MN-1N(+2\M9&U(29>Z>9+B%V*-F2:,2$*R(1RXY1E@JL9.R<6OO3.K`U51QM*
MH[:2B]6DMUNWHO4]B_95FL/%D'C;XR6&7B\8>-;B:SG?&]K:UBAL44XX^5K:
M7UQG&3@5ZQ7RM_P1R\1_M%:U^Q/HFE_M(_!>'P9JVEWEW!9P0ZD;D7<!N99!
M+EHT(^]UQ@YXS@D_5-<V3S=3+*4VK.2N_P#$W>5NZYKV:T:U5T=>=QC#-:L(
M.\4[1_PI)0^?*E=/5/1I-6"BBH-4N;JRTRYO+&P:[GA@=X;5'"F9PI(0$\`D
M\9/'->F>4>=?`7Q?XJ\8^,?B`GB;P_#:IH'BR;2+&Y>P\B>>-?\`2%R23OC\
MJXMRK@X8LQPIRHN?M,?\DYTW_LH/A+_U(M.JS^SE+\1)?@[I(^+-W-<^(XGN
M8-5N[BT2![EX[F6-92B?(-Z(C?+\I!!'&*K?M,?\DYTW_LH/A+_U(M.KCS'_
M`)%];_#+\F=^5_\`(SH?XX_^E(]`HHHKL.`*XKXV_P#'IX8_[';3/_1U=K7%
M?&W_`(]/#'_8[:9_Z.KFQG^ZS]#KP/\`O</4[6BBBNDY`HHHH`****`*'BCP
MOX=\;>'+[PAXOT2VU+2]3M)+;4-/O81)%<0NI5T=3PRD$@BN-\??LI_LY_%'
M3--TSQ]\']&U(Z/;Q0:1?36Y6]LDC4+&(;I2)XRN%(97!!4'.0#71^)?B=X#
M\)73:=K7B2'[:`"-,M%:YO'R,C;;PAI7SD8PISD>HJ7P;X]\->/+.:YT"ZE$
MMK(([ZQO+9[>YM)",A)89`'C)!R,C#`@@D$&L)K#U9<DK-]G9G3A,UQF!JKZ
MM7E"2;:Y9.+3M9M6:L[:>AXQIG[$'BO1OBCIWB"W_:X^)-[X-M]QO/!>K>*=
M09V(1A#Y-];74$R*CE25E$PD52K<D.O$_P#!0/0SX2_:2^"?QZ;QXOAVVTG5
MKR*_U2[G9;:%((3>2*X168B6QBU2`J`2S31],$U];5S/Q6^#_P`._C9X:3PG
M\2O#D6I6<-VMU;)(Q!@N%5E65"#PP#L.X(8@@@D5S5\!3>'E"DK-M/=[II^J
M6G3;H?693QEC:6=T<7F,W.$83IM1C!/DJ0E"3M91E+WKMSNY62DVDD9WQTF\
M#'P`NL^,4GGLXKE/LSV%R(W#3H]N9`^],*L4\C,58-M#%<L`#U?AV[M-0\/V
M-_81,D$]G%)`CDY5"@(!SSG!'7FO&YOA7)HO[/GA/]F;QS\8;6Y\0V6CIIRZ
MK+%M:[C,$EDC&-G.XE90HWEC(R'[QW$>VVUO%:6\=K`NV.)`B`DG``P.3R:[
MH.4H)M6?;L?(XJG2HXF=.E/GBFTI)-*23T=GJKK6SU[CZX37IIOBSXKD\#V+
M7">&]+8_\)%=QAXTU&?YE_L]'!4LBGYIBN5.%B/611:^(6O>(=8UBW^%W@:6
M>WO;V+S=7UF*,%=)LSN&\$D?OY&!2-1G&'D(PF&Z3P[X=T;PGHL'A_0+/R+2
MV4B.,R,[$DEF9F8EG9F)9F8EF8DDDDFLI?O9<JV6_GY?Y_=WMPR_?2Y5\*W\
M_+_/[N]KM%%%;FX4444`?-?[*W_*0+]JC_L+>#O_`$P1U]*5\U_LK?\`*0+]
MJC_L+>#O_3!'7TI0`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!
M1110`4444`%%%%`!1110`4444`%%%%`!1110`5^=OQF_:-^.O[,'_!4;X]?$
MKX1?`&/QYH=M\(?`,WCM?[7%I-IMO%-XD:V>+Y6+;P;O<0CX\I!\I8;OT2KX
ML\*?`'X-?&__`(+!_'W4/B_\/=/\2?V!\(_AP=*M-70SVL1GNO$YE9K=CY4K
M'[/%AG5BNT[2-S9J#BI:['K9'B<MP>9PJX^E[6BK\T;-W5G_`"SIM/LU+3>T
MK6>?X`_X+Z_L=>)72U\:>$_&?AN4@EYI],ANK=>>`&AE,A)'/^K`]Z]]^#O_
M``4*_8O^.\R67PY_:%T"6\D;;'IVJ3-I]R[8!VI%=+&\G7J@(X//!KK+[]EW
M]F?4[:.SU+]G;P+<0PX\F*?PC9.J8!`P#%@8!(&.QKQ+X@_\$9_V!?'^KC64
M^%M[H<C.SSQ:!K4T,4I/JC%PH]D"C\SG2]!]&C[*I7\*LPE+]SBL*^CC*%:/
MSC+DE]TO\SV?X[_M4?L]?LRZ7%JWQT^*NF>'TG7=;P7!>6XG'/,<$2M*XX/*
MJ>E?-EY_P4Y\>_M9ZK<_"[_@F?\`#,^(=4MS_P`3CQIXMC%KIFDQYP2(RX>2
M3GA6"D==CBO6OAO_`,$QOV$?AC83V&E_LV>'-5%W"(KM_%-K_:WF@?[%V9$3
M_@"J/:N0_:+_`.".?[$GQUTV&X\*?#6V^'&OV4B2:;KWP_MH]/\`*9<8#VJ`
M6\J\#DH)!CY'0DFB+HI]_P"NW_!.7+<3P!E]9<T*M:2VG4C'V:\W0A4YI6[.
MM9]8]'T/[.7_``3\\)?#7XAQ?M+?''Q7>>/_`(O7=ONU3Q7J3!;>VF9"C+9V
MZ*J0QJA\M>,A1\HC#;1]#U^??PB^"'_!7?\`X)_WE_X6^&S^'OCOX"95_LO3
M-1\0M8WUD%!&84NW"VP).6A6:="$^3:Y.[L[G_@J9^T7X$T>;Q!\<O\`@E]\
M3/#]CI\N[6+O2;P:C%;6X(#2+(;>&.0@[N-RK@*=X#<14>CE*2LNM[:?H99S
MEV;Y_F#JTL53Q2LHP:G"FU%;0C1FX2@HWLH1CRK[-]SZ-_:$\7>,/AO;^&_B
M1H_B+[-H.F>(H(?&5D]M&ZSZ?<D6_G;BC2*897BD^0KE0^[.!7HE>8_##XF>
M!OVS/@KJ9O\`X7>-O#^F:M;RZ=J6B>/?"-SH]X%DB!)5)UVR+MD&)8F=-P.&
MRIJ?]EC7-6NOA/#X(\3ZD]WK?@J]F\-ZU<R[MT\MIA8YR6Y/FVY@FR>3YV:\
MY2G1S!P;]V:NM=I1T:7JK-)=I/J?-5L/_L-I1Y:E*7+)6UL]4WWM)--OHXKH
MCT>BBBNX\L****`"BBB@`HHHH`*Y7Q?:0Z1X_P##GC2.>6,S2RZ1>*H)22*9
M#)&6`SRLT,:ANPE?)`)KJJYSXK^&K[Q1X%O+31@!J=J8[[2&_NWENZS0_@71
M5(Z%68$$$@YUDW3;2NUK]VIE63=-M*[6OW:G1T53\.ZW9^)?#]CXCTYPUOJ%
MG%<P,#G*2(&4Y^A%7*M--71HFFKH****8ROJVEV6N:5=:+J<(DMKRW>"XC/\
M2.I5A^()K&^%MU=R^#+?3-2O_M-WI<TVG74S8#NT$C1!V``P755?H,AP1P17
M0UR]]\&_`&J>)Y_%>K:5-=2W+^9+97%]*UD\GEK&9&M=WDN^U%^=D+#:,$5E
M.,^92BOT_P`S*<9\RE%>7;]&-\5_&GX;^#[V32+_`,0?:]2B0N^D:/;27UXH
M`)RT,"NZ#Y6^9@%^4Y/!QS/@GXXZ]\?_``S!XJ_9[_X1]M)EF,4^M:QJ`N6M
MI%V[XC:6KDF50>4DFB9>,CFO1=$\/Z#X:L!I?AS1+33[56++;6-LL48)ZG:H
M`KC/BG^S3\)?BQ!=W6IZ%)H^MW00KXM\,3?V?K$#H&$;I=P@2?+O?"L67YCE
M3FLJD<2]4UZ;?CK^2^1W8.E@:R<,9.4+M6E!)I+JG%V;Z6<91M9^Z[JVG<_#
M+4->L'T[QE\2M?OX)LF:VLYTT]#VPKVJ),%QV,ISGG/&/@/X>?\`!*S_`(*1
M^$?B3X@O=+_;"L_"_A;Q/J>FV_BF/0?'VOW6IZS8B91J&H023(D.BWQBMH98
M8K:.2-9+RZB,HB1?-^P[O7/VK?@E<:9IU[X93XM^'FD$-YJ^F"WTW7;*/.!+
M+`[K;7QZ;FB^SG&2(R5^?V2JI>SE*_*TUWW^_6_R;*QF61P+A44X5%*]I1ES
M/31W3M.'DIQBVM4FM3X@T+]B_P#:LUKQ_P"--.T+]K#7-/A\.Z[K=QX=:7QY
MK1>XNKVWMFLEO+."2&V6T2&1_DA&U)H1,B[Y+A3Z?_P3O^"_[:?P4TSQ?HW[
M8/B_1]<%W=Z8WA2_TSXDZMX@D2VAL([62&==1LH##(I@C)FC=Q=L[SRQQSM-
M+<^RWT-GX=^+]CJV%B'B/2WL)7V']]<VY,T"9`QN\IKLY/:/'M75UI2;LXOH
M[?Y?A8\^DW9Q?1V_R_"P5SOQ8M?$U]\/=2L?![1C4)D2.+S;DP@J9%$@#A20
MQ0L%&.6P,C.1T5>6_M5>#M'^*/@RW^%NI>-X-*&JS21W-I/"2-0MYXGL/)\Q
M<-"?-O875D(<M$`."Q&AJ=S\.M)UW0/A]H6A>*-5N+[4[+1K6#4;ZZ=6EN)T
MB59)'*`*69@22``23@`5XK_P4C_9<_:!_:V^!=C\-OV=/V@[CX=:Q;>);/49
M]6M]BF6*%]^T,T$VU@P5E^0C<H/50:^@Z*Y\5AJ>,P\J-3:6_P#7])]3IP>+
MJX'$QKT_BB[J_P#7XK5;K4^,/C)\`O\`@JS<^/\`Q##^SU^T?IVFZ?/X-6'2
M]:\7W`O8FU==(CMF=+*&.+[.KW"&59"\@BG=YVBGC`M3D_!;]G#_`(+!Z/J^
MC2?&+]JO2;W2HO'VGW>JV=A(#>_V:($%P5NFB$3Q+L:(61M@9))FN&N,*D`^
MY:*VC%0BHKH82DYR<GU.&_9@\,?%OP3^S3\//!GQ^\5+KOCO2/`VD67C76TE
M\Q=0U>*SBCO+@,57<))UD?.!G=G`Z5X=_P`%6/VZ/#7[#'P[\#>+]<^%/BCQ
M?-JOCNS2WT[PO9>=(BPL'=WQDJOS*,A2.3G&.?JJN:^)'B#X3Z58V]E\5+[1
M1#-<H;.UU=8Y/,F&=I2-P2S#G!`R.:Y<?2JUL)*%.:@WU:O;7]=CIP.)PV#Q
M<:U>/-!;J]NFFOD[/SV/GWXI_MT_&CP?\1/&?AOP'\#I/$EOIWP6F\:>$-/M
M;"83WUY'93SK833ARJRS2K%$L7E+M'S"24NT<'F]O_P5)^/&E?"NW\:^.OA5
M;:>;3X@V6D:[KEMX'U>>Q.F2:';WTUW:6ZO]JF82/<2+YBQ`1VYA8>;AV^P[
MKXF37<'D?#_P'K&L3A,KYMD^GVRKC*L9KE4#J>@\H2')&0!\P;)H'Q;\2P@:
MYXVLO#\;K^\M?#EJ)YD.>0+FY7:PQQD0*>X(X`VC5TLO>?EM]^WXG!*M"4G[
M--K^NKLF4_V<?B/XH^)W[/7A'XI?$:QM=.U;6/#EM?ZO!!"8(8)7C#/A&EE,
M0')V&23;TWOC<;L?QF\(:MJ!TGP1#?\`B6X4$LVA6GFVRXSD&[<K;!@1C89=
M^<C;P<.TOX)?#:QC=M4\.IK5Q++YLM[XA<W\S/G.0T^[8,XPJ;5&.`*ZI$2-
M!'&@55&%51@`>E/]]+LOQ_R_47[Z79?C_E^IQEQ??'7Q%*D.EZ%H7AJU:12]
MUJ%X]_="/NH@C5(D?KSYTBCCANE7+KX9-K<:0>+O'NOZG"H.^T6\2SB<G&0W
MV1(F=>,;'9E()!!R:ZBBCV47\3;]?\MOP#V,7\3;]?\`+;\#/\+^$_"_@G1X
M_#_@_P`/66EV,3,R6EA;+%&&8Y9MJ@`DGDGJ2<FL[Q?\.=+\4ZC!XDM-1O-*
MUNS@:&SUC390LJQL0QC=6!2:/<`=DBL`>1@\UT-%4Z<''E:T*=.$H\K6AR/A
M?Q_JEIK%KX#^)UE#8:[<[QI]Q;$FTU4('8F!CRL@C3>\+?,H)P74%ZW/%7BW
M0?!>D_VUXBO?(@\Y(E(0LS.[!54``GJ<D]%4%F(521C?&+7/AEHWA&1/BA%9
MW%I*LK6UE<%!)/)'$\C>4790KJBN_F;E$:J79D52P\G_`+%M?&6B>$/&7Q1O
M-5N?"MNKSS3)+)>H"DI5;:ZD:,/<6;DJXN!&IE6",S'8?FCFE2^/5=_\_P#/
M[^YGS2H_'K'O_G_G]_<[WP/X$@\5_$%/CB_B1=0TF[LHKSPU"B8+231,ING(
MP&`MV6*%`!Y:RW#,7:8E>A^)7B_4]`LK?P_X32*7Q%K+/#HL$R!D4J,R3R`N
MF8XU.Y@&!/RJ,LP!D\4?$/PYX3\,6NM6`&I'4%1-!L-+='?4G9=T<<'(4@KS
MOR$506)"@FH?ASX"'AR!_$WB..*Z\3:HOF:SJ95&<%L'[-&X13Y$>`B+@<+N
M;+LS$G)S?)#YOM_P>WW^KG)S?)#YOLO\WT^_R=SP)X"T;P#IL]KISRW%U?73
M76JZE=$-/?7+`!I9&`&3@*H``55554!5`&W116L8QA&RV-(QC"-EL%%%%,H*
M***`/FO]E;_E(%^U1_V%O!W_`*8(Z^E*^:_V5O\`E(%^U1_V%O!W_I@CKZ4H
M`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`
MHHHH`****`"BBB@`HHHH`*^7/@#_`,I=/VE?^R1_"_\`]*?%M?4=?+GP!_Y2
MZ?M*_P#9(_A?_P"E/BV@#ZCHHHH`*^<_^"AG@[]N#Q]I'@SPG^Q%XJ.@ZE>:
MO>IKVOS:[%8V^F0_8)_L]S-OL;QKE$N?*/V9(E\XX1I85+2K[I\1/%5IX%^'
M^N^-[_6=+TZ#1M'NKZ?4-;NC!96J0Q-(9;B0`^7"H4L[?PJ">U?&D'[?7QH^
M+W@^P\2?"/XL^$K^SO-$L]1UVT\%_!;6/$,VCV]V)4\BXO)-4L[2QO89(I%D
MMYEDFC*YEMD4C<`8\_QG_P""MNG^(?A3;Z+^S7XUU32O"6ISW'Q:GEFT&)_$
M45SJK6T4,/FW<;%+73?M%U^Z4&6<V2$JOFL*OPG^$O\`P5/^*'P\\0?"C]KC
MQ;XI@^S/X)33M;\/WNE1)XATS4M4N'\007*K&2DMG8W)LW&U-RV<$L;2O(S'
MVK_@DC\<=<^-'['>EVGC3Q!<ZCXC\(ZE=>'O$%Q?*J3M=6LA27<BRRA56021
M+AV7$.`QVDU]-UST*BQ6'4I1M=:K>SV:?H[HZ<12EA,4X1E>SNFM+K=-=KJS
M1YC^R?K-U'\,G^%FN3NVK^`-1E\.ZCYIRTB0`&UF!/++):O;ON/=F'5356S1
MOAO^UW>B[G\O3OB5X?B>S+$8;5=.4K)&!UW/:.K@]Q;/S\H%<QXJ^._P7^"?
M[8:66J?$GPY96_CG0)(?$`EUJVC_`+/U'3B/)FN=\B^5YL$S0]V9K>(8P&(\
M2_;,_P""IW['&K0:=X8^#/BO4?''CKPQXGM=1T>/PQ8*+>"Y@EC\V%[J[>""
M4202NK10R2R;7#>6?D#>2E-8+ECK/#R^])?G*E+_`,"?D>TW"6/YI:0Q,=^B
M<GK\HU8_^`KS/NRBOBK]K[_@K;??LQ^,/"]]H'P.U#Q=X/\`%'PWDUFTO=%@
MFGO3K,[21Z78;$!18[BXC6V,K$*DMQ#DA237F'@7_@M;^T?JU_X.U3Q5^RMI
M0\.:CXLT31O'&K:7?W3/H,.HG0(UOQ&Z#S($FU>2-N0XQ"0K?/CW(3C4@I1=
MT]4?/3A.G-PDK-:->9^DE%?!WP[_`."IOQW\3?LV_"CXQ_$#P)X%\&K\1_%,
MMCK7B_7-:@D\.^%;1=#.I1274UI?SA'FF'V5!/+;.&8%XD)17X[X)_\`!7#]
MO#X\>/\`P]H/@W]CK2I=&U[Q+INAP:M;2@J\TOA/3_$-S,@O+VTDV".\<JLD
M2`1JN))9LP&B3](J*_-7PW_P6X^,'B3]E37/VA-0\(_#/PWXGTF^LK6R^$^N
MZY)%K>IP7$^G0_VG$DTT/^AXO9'#X*;8?FE4APGT3_P3_P#VS?C;^TY\1_B+
M\//C+X6\$V$W@NVTBZL;KP/X@@U6VN[>_%UY?FSV]U.D-RC6<RS6IYB;84DN
M(I(YG`/J&BBLGQ#X[\&^%"8_$/B6TMI=A9;9Y@9G''W8QEWZCA03S2<HQ5VQ
M2E&*NW8UJ*Y.S^(/BCQ)(3X.^&>H&W#$"_\`$3G3(WP3G;&Z/<=OXH5!R,$C
M)'._%.^^*?AKP;>^*/$/BVU6*$PPV6D>';=[62ZGED2*-9+N03LBEW4Y2)=@
M!+,RYQG[5/X4W_7G;\#/VJ:]U-_UYV_"YT7PL>XTH:SX$O2=VBZO*+//\5E.
M?/@P<#(0.T/KF`YS]YNLKRGX:?&+X7:=?WEEK]E=>&M0DAB-QJ&OZHT]M>A0
M,+%>S.=VUI&58Y/+D.'98RH+5ZM54XN$%%CI1<*:3"BBBK-`HHHH`****`"B
MBB@#EOC'8K)X%G\0)L$^@31ZO;.PZ&V82L/^!QB2,].)#R.HZFHK^QM-3L9M
M-OX!+!<1-%-&W1T88(_$&N=^$-WJA\%1:!KUP9M0T*:32[R=OO3F`[4F;T,D
M7ERD=C)Z5E\-;U7Y?\/^!E\-;U7Y?\/^!T]>7:\O@3QU^TCIOAR=M4CUOPU;
MC57'D1FVFACC>-(]Q)907OUDX`+/9KDX0A_4:\,^#_QQ^#7B'XA>/?&'A?PU
M.VLR:Y%IU]_8L$M])J@A@7R;L")66-7@:%-S%?\`4;6_U:DW*<(*\G8N4X05
MY.Q[G17(0Z_\8?$>GK>:-X(TW0A(Q*+XAOS-<!><;X;8%%)X/$Q(Y!&>A9_#
M37]2EENOB#\2]4U0S)M-AIO_`!+;./@YV+"WG$')XDF?@`>I,>T<OAB_R_/7
M\"/:-_#%_E^>OX&EXD^)W@'PCJ<&A:]XJM8M1NCBUTN)S+=S\$_)!&&D?@'H
MIK(O/B-X\U?SK3P#\']3E<$K!J7B&XBT^S8],E27N@.0?]0,C/((Q70^&/!7
MA#P7;R6OA'PQ8::DS[[C[%:K&9GY.]RHR[$DDLV2222>:TZ.6K+>5O3_`#?^
M2%RU9+65O3_-_P"2.0M_`GC;7RMSX^^(]V%:/$ND^'!]BM@>>?-&;DG&.1*H
MR2<?=VZGAGX<>!/!UP]]X;\+6=M=2C$]]Y6^XFXQ\\S9D?\`X$QK;HIJE!.]
MM?/4I4J:=[7?=ZO\0HHHK0T"BBB@`HHHH`*POB#X^TOX=^'Y->U*UN)PI"K'
M`G`)S@NY^6)>#\S$9QM7<Q52SQ-XLO/[+U&W\`FRU+6++S$^P-<+N,JQ"3RP
M"RJTF&C^5GC`$BEG4'-9_P`*_!?C30=)F/Q'\1+J=S<7$<T4/F22+;D*I;+N
M?WCF7<^55$0;5C1%4"@"EX3\,ZW\1]#6X^,WA:SEPT4ENK;T=R)!(Z-$0"D&
M^*%EC<EG"+YJ[EP>]HHH`YOPS\)O`G@_Q!+XC\.:/]EEDC=(;:.9A;6HD8/*
M88<[(C(RJSE0"Q4$UTE%%3&$8*T58F,(05HJP4445104444`%%%%`'S7^RM_
MRD"_:H_["W@[_P!,$=?2E?-?[*W_`"D"_:H_["W@[_TP1U]*4`%%%%`!1110
M`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!
M1110`4444`%?)_A&XNO"G_!3[XW>)M&GVSZG\.?`]O=I*H9'2VDUMHN.HYNI
M<X(SQZ5]85\FVA/_``\=^+XSQ_P@GA+_`-"U.O'SZO6P^63J4I6DK:KU1OAX
MQE529[U'\4]66$K-I=NTA`PZLR@'O\O.?S&/>ND\':W<^(-"CO[U4$V]TE\I
M"JY!.,`DGICOUS7F==3\*KG9J-Y9*J`20K(3CDD'']:^:R/.L=7S&-*O/FBT
MUTWWOHM=K?,Z:]"G&FW%'B6L?\$BOV6=;^(OC;XGSZCXDM-2\>VFNV^N#19+
M#3HY1JT-]#<R2BTM(FOI%34;CRGO3<M&1&<DH*^?OV[/^":?[8VH_%[2_%W[
M&OA3X1ZY)JES#+K/C_XA_#OP]J'B'3=0ENII[N^W7-D(S$5CM$"6X0KOG(A>
M1UN(OTEKAOC!\5=5^%.N^$;RYTN&3P[K&NC2]=OV!WV#S(1:R@Y`"-.%C;(_
MY:+@Y`#?<5JU/#T^>>RM^+M]W?LM3EH4*F)JJG3W=_G9-V]7;1=7H>/3?"OX
MG?LX:]X*UOX->)O"5_J4VD:=X5\?V]SHPTNPUB^B59X[I+>SRFGRS;[H+M$B
M1&Z3]W(,Y]U\`?%#1O']SJ6C)I.HZ3K&C2HFK:'K$"I<VPDW&*3,;/'+%(JL
M5EB=T)5TW!XY$7@OVF?V1_!?QHL)_&OAB>[\,>.;0+<V/BCPXL4-U>20J#%;
MW>Y2MW#E$PL@)0J&C:-@&IW[./Q1B^,WPMT?XN_&;PAX<T3Q+;:I/I9>*Y63
M[/<BY:V6)))%#PR2-A?)R6RX&6#*3R4>7#XR='I/WUZ[22^=GZR9VUU/$X"%
M=[P]Q^FK@WWTO'R44CX9_;"\/+JGQIU'0O@U_P`$CM4N-8G\5ZQ//\0/%.KW
M"I?Q-J<?]I7"V`CECO[.Y(1_+>:("WG$BA-K1C["_8V^'E]X^_8SLK;QQX!\
M$>"+[Q=I1%S)\(=)33+633VS]D*1/YIAD6V9(FC9I`K*^-H(1?4])^+-K:?$
M"7X:?$!;;1M4OM0F3PBDT^%UVVC@69F@)X:9!YN^$'>%A:3;L^:N9_9\U&/P
M;X\\<_L^3QI"FA:R=8\.0QQQQQ_V5J!,X1%5MV(KK[5']U55/*52<$`G^XS"
M,_LU%RO_`!*[3^<>9/TB@I_[1EDX6]ZD^9?X96C)?*7*TO.3/`?^"7/@W_@H
MG\+/BM\2/A9^TEX&\/:-\)-+U.[?X90Z8Q:>+S+D2%2SDLZ,9)VR"PZ?=_C^
MU:*P_$_C_2/#.HPZ`+*]U#5KJV>>RTG3K??-/&CHC,&8K&BAI$!9W51N&2,B
MG@<)#+<(J/.Y);7^Y)?HON[&.:YC_:&*EB9QC!O>W5]_-MOU?J;E%<E9W'QD
M\2IYTMAI/A>W92%BG8ZA>$'C)V-'%$PY(PTR],]P"Q^#GAU[V35/&>JZEXGN
M)<9&OW(EMX^<_N[90L"'I\P3=P,DGFNKVDI?#'[]/^#^!YOM)R^&/WZ?\'\"
MQX@^+_P[\.:JWAZY\1+=ZJO71])@DO;P>Y@@5Y%'!^8@`8.2,&HKS7/BEKD@
MM?"W@^VT:-ER^I>(YEF*'/\`#;6TA,G']Z6(C/0XQ6_HNA:'X;T]=)\.Z-:6
M%JA)2VLK=8HU)Y)"J`!5NCEJ2^)_=_G_`)6#DJ2^)_=_G_E8Y6;X<ZUK-G':
M^*OBAKURN0UQ%ILL>GI(<$8#VZK.B\]!+G@<UJ>%O`?@OP1%+%X1\+6.G^>V
MZYDM;95>=NFZ1\;I&X'+$GBM:BFJ5.,KVU[[O[QJE3C*]M>^[^]A7F'[2^K6
M+6.@^$Y&#3W>I->>5YP5O)MTY<#J0LLMN#C`^<9/(5O3Z\&^+EV-9^+NI7_F
MEDTVS@TV!&485@#/(ZD9/S&9$;W@`P,9.JW+>QB=>M'AC4/$?P\6YE^'>M26
M)N)FG>PN'::SDE('6)B?*4D?-Y7EDY)SDYHHJR#W7X:>/+;XB^%(?$,=C]DG
M#M#?67VA9?L\Z<.@=>&'0@X!*D956RHWZ\-^&GQ6OOAS]LT;4O#$M_IEQ<?:
M+6739HQ/#(P571HY"BE/E+[P^[+D;.-U;\_[2\MS;QW&C_#:\A/[SSXM;U&&
M!EP`4*_9S<*P)R#DJ5QG#5%F7='J=%9G@O7-0\3>$=-\1:KI"V%Q?64<\MFL
MS2"$NH;;N9$)Z]U4^H!XK3I#"BBB@`HHHH`*Y+5?!?CU_%UUJ/A;Q[;Z5I6H
M^3+J$`TA9[K[0B^6SQ2NVQ`T2Q+AHWP8\@?,:ZVBIG",]_\`(B<(S6O^7Y'C
M'[3&EZ1X"^&&H>,_%.LW/B"Z0%;0>*'9],M%5#+-/-;VT:Q,L<,4LF7C8DKL
M4YDVMWGP3TJXTWX;Z?=:AX*LO#UYJ"&\O-)LK)8!;-)RL;JI(\Q(_+C8@D9C
MXP``."UFV^)OQ>^/=F_AO7;5/`NE6L)U&X@NUFBNXY$AN3;-`?E,\Q,.3(K"
M&V7,9#W9,?M%*-.$'=((TX0=TM0HHHJRPHHHH`****`"BBB@`HHK/U/Q-H^E
MBXCDNO.GMHEDFM+4>9,JMG:2B\J#@_,<+P<D8H`T*X%/BCHGQ3U35?ASX$UB
M9)UTII1JMLXP@=FC23"L'6-BK%'S&TJJ7A8J/,&;X3\4_%?XF>)(8]3\*V]K
MX;F@9]0@O;)E00N@*(DC$F\D)Q\R+#%&-_,^8VKT#PUX4\-^#[!M,\,:+;V4
M,DS33+`F#+*V-TCMU=S@99B2<#)H`POAK\&?"'PT=M2T^'[7JLMJ+>XU>YAC
M69X]QD9%$:JJ*TK/*P4?/([.Y9B6KK:**`"BBB@`HHHH`****`"BBB@`HHHH
M`^:_V5O^4@7[5'_86\'?^F".OI2OFO\`96_Y2!?M4?\`86\'?^F".OI2@`HH
MHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB
M@`HHHH`****`"BBB@`KXR^&>KZGKG_!2O]IN+5+CS4T6T\#V.F#RU'DP/I=S
M<,F1C=F61VRV3\V`<`"OLVOB7X-2H_\`P4W_`&LHUE7*2>`MR]QG0Y<5\_Q/
M?^R)>J_,Z,+_`!D>\R.L:-(YP%!)..U=[\-_#DVDZ8VJ:A`\=U><F*50&B0$
M[5]02/F([9Q@$5A?#_PE%XB<ZWJL>ZSAFQ;PD'$[#JQ[%`>`!G)!SP,'T&O+
MX8RF4']<JK=>ZO7=_HOGY&V*K)^XOF%<'^TY\/O$?Q2^`?BCP-X0F5=5O--+
M:<K1HWFS1NLJ1?.RJA<H$#DC87W_`,-=Y17UV(HPQ-"=&>TDT[=FK&&&Q%3"
M8F%>'Q0:DKZJZ=U<\[_94^,-M\<O@/X?\</JQN]2%DEIKS21QQR"_B4),7CC
MXBWL/-52%/ERQMM7<!7BVH/\-(OVC_BK^Q9\9M3@T/2?B5%9>*/!=RNJP6\\
MEW)Y,$LEN[ME+M;Z&.6!51FWP,YS\H/%?#?]MGX&_LA?\%!_%W_!.V^\*:\L
MWC/Q/8ZUX.ET?P]OM+>6_@MUNHIYUV0PQ12/;A(P#(J.-V[<F>\_;7_X)4_!
MW]MGX_>#OVA?&7B*73]8\*Z1)I!==,2X=["28RR)`[,!!*VYP9&648VX0#>)
M/E_K&/Q67TIX=<^(H2M*-[<S7-"5W*VDOBO?I=7:L_K_`*KEV#S.K3Q+]GAL
M1"\96;Y4^2I&RC?WH_#9I;M-Q3YEZC\.T^)GQ&\`77PV^--AJ>B>*]!>)9O%
M6CV<26UQ.)':"\L'E$B2$(D;.KQ[=TC(T6TM&/E[]HO]@;Q?^T/_`,%3=,_:
M$\(?ME2>&=4\)^'E_LSPBP,4]D$CAW7L5D8D.J6Y>:)#<&<P)).\6SS(F5OM
M;XH^'/&_BWP+?>'_`(<?$,^%-:N/*^Q:^-*COOLNV5&?]Q*0C[D#)R>-^X<@
M5XQ:?$[X,_&SQ]H/PG^*/Q<TCP)\:_#.M6;WGACP_P"+[&#6KU(A;ZF]FB;I
M)YM-NHDA>:%<ADC92Y\O?7T&/R_#9E15.M>R:>C:=]5NK/9O;7MJ?,Y;F>*R
MFNZN'M=IK5*2L[/9W6Z6Z:[IK0^AZ\V^-TFI^&OB-\.OB.FJW*:99^(9-'U>
MRMK!9?.&HQBWMY&DQF-4NA;@X(!\SDDJJMVGBG7M5\,>$M0\06'A2_\`$-Y8
MV4L\&BZ*;>.YOW525@A-S-%")&P%'F2HF3RRCD>9R?$_P)^U?\%8_"'AW4]4
M\(>+O%GA&76M#\)>,(+C0_$6DO;SHBW4UBY2YC6WO?(#2H&B8["CR)*C/OB8
M2G1:CNM5ZIW7XH\C$PE.@U'=:KU3NOQ1[#17,_!CQ];_`!2^$WAWXA0:G8W;
M:MH\%Q<S::?W(G*#SD4;W*[9`Z%"S,I4J22#735K"<:D%..SU-83C4@IQV>H
M4445105%?7UCI=C-J>IWD5M;6\32W%Q/($2)%&69F/"@`$DG@`5+7SS\1/'N
MK?%G6[RS;5H'\*66ILNF6=I&-NI!$\MY+AM[K-&)O,:)5"+\J.P9@I1I7$W8
MZWQE^TKJT.H6J?"KP1IVOV!N)8]0U'5->DT]=B[0LEL$M9_M"L?,&YC$I"*R
M&1'#5PCS7EW<W&H:E+&]Q=W4MQ.T,95=SN6(`9F(`S@9)X`HK+UKQOX+\-C4
M#XB\7Z78#2-*_M35C>ZA'%]BL?WO^E2[F'EP_N9OWC87]T_/RMBDK$MMFI17
M.V?Q>^$^HZPGA[3_`(H>'9]0>RLKQ+&'6X&F:WO"XLY@@?<8YS%((FQB0QOM
M)VG$'B#XY_!/PE=O8>*OC%X6TR>/S/,AU#Q#;0NOES10/D.X(VS3P1'T>:-3
MRZ@L1U-5M8CDETBZBBMFF9K9PL*,H:0[3\H+?*">G/'K6?IWQ&^'NL-8II/C
MO1KHZIYW]F"VU2)S=^2R)-Y6UCYFQI(U;;G:9%!P6&=F@#T;]FKXY:5\2O"6
MG^$];T/4M`\6:9HT!UKP_J]F8V1E`C>2"57DANHL[26AFE\L31++L=ME>G5\
MO:MH<.JW6GZG'?WMG?:1?"\TJ_L+MXI;:X"/&'X.V0;9'4QR!HW#%75@2*?\
M4OVF_P!IOQ`-&^#WP8^#JW/B/5Y8[?5/%5MXRL=&AT]M^]9[9-1L[P7:-%#.
M\L,<4\T"(XPQ,,KPU8M,^GJJ:E?K:7EC;?:41KFY9`C$9D`B=B!GKC;GCTKR
M._\`A-^U5\7O@#;>`/C+\8O"OAOQ'?:LR^*9_!'A1-0L;W12SQR6"IJPE4O-
M"1NF>(JC,5$3J"7Z+X,_`;1/@-X+T3P-;^.O%?BZ:RU*XF3Q#X[UY]3U%C+'
M)\HE<!8XU0)&L<2H@5`2"Q9F0ST+>WK1O;UI**`%WMZUG^*_#.C^-O#-_P"#
M_$D$LVGZG:26M[##<R0M)$ZE64/$RNN02,J0>:K^/M/\6ZMX,U+2O`FN)IFK
MW-HT5AJ3*C&T=N/-4/'(A=02R[T=-P7<C+E3\[Z#\*_^"IGA>TURXU;]I3P;
MXON;S4_#_P#8=M<64.C0V%M:0M_:3%X],N6D-[.(MT3`F.)I5AGA?9*H!]"^
M`OAYX.^&.C3Z!X&T5;&UNM3NM0N4\YY&EN;B9III&>1F8DNYP"<*H5%"HJJ-
MO>WK7S'X2^"O_!47PUXETM-?_;3\&^)=`2S+:S'?^`(K34I+M_M[8BN(`(%M
MXO-L8PIMS)*+<N9(COCF[[Q9\-?VL9_"?AF/P5^T/%!J\$-U'XM&HZ59.ET;
MB,`26TJV8\MK5]Q@#0E9,KYXEVD,`>O;V]:-[>M>#7_@O]O^:]\=:!I/Q3\)
MVNER:-/#\.O$%U,MSJ2WK:>T,4]]`NFQ6Z*ETL5QLC,NXR3`_)Y<2>O?#?1?
M&7ASX=Z#X>^(OC5?$OB"PT6UMM=\1IIJ62ZK>)"JSW8MXR4@$L@:3RE)5-VT
M$@4`;>]O6C>WK244`+O;UKG?ASKFO:Q#K2Z].S26GB*\MH%>%4*0*X,0P`,C
M85()Y((.3G-=#7'?!P`VWB2<C+R>,=1\Q^[;9`BY/?"JJCT"@=!0!V6]O6C>
MWK7@WQ]^#?[9GC7]K?X4?$[X+_M`:3X=^&GA>2X;XA>#[J"=KC7Q(K*H0H/+
MPH*D>9G!7*[3DG/N_A#^VN/!EIH>D^.-%@O+?Q7]M:>3QUJ,K&V%G(N\S/9%
MWW7DHN/L3`P*MLL.]HI2D6%*M.I.<7%KE=DWU\U_7XW2Z*U"%*G"49J3DKM+
MIY/^OPLW]$2#S8VC9B`P()5B#^!'(^M8WAGX?>$_"$_VGP_ITD+F((S27DLN
M[DDN?,9LR'<<R'YV``+$*`.-\&>$_P!H>R^+T_BSQ?XFTN7PW=/?C^Q+?59I
M#:+)%IWV<INMD$A22WO<@E<"ZR"3E1YUI'P-_;:A\4ZGK.J?%VP^Q0^*I[_0
MK"+Q?>OYT$FJSRYE+6>(?^)=+';"T*W-O');K(@#.7&YSGTCO;UHWMZUX=;>
M$?VUU\+VWABXU7PI]HBLM0MIM>7Q?=F:5I;A)+>Y\HZ;C?'&ACV;\8E8[CM`
M:#X1_!_]K'PQ\0]-U'XM?$G3_%.DZ6ZBQO1XFOK6=(SIZ13":S@ACMKYVN"P
M5YR5C2%94033/L`/>-[>M&]O6OENT_9X_;J_MSP]J<7Q>TS2[*'4UN=;T=/'
M>JZA'#$+RYGCACEGMEENUB$D1;S&C^TC,#^5#%&M7;;X"_MN2>$-%\/ZA\3/
M#L,ED^HRW,^G>+]>%VKRPW*A7NYWE6\6:26)L-;Q"Q6-A;*6\EX0#Z7WMZUC
M>*M:O]*U7P^D%T(K>[UDV]\S*NTH;6X**21\N9EB`Q@DD+_%@^'_``3_`&=/
MVG]!\9:#X@^+?QBGF@TN6.YU%+#QOJ5Z-1=;66`0-#-'#"L6&MMS;"7DLC/M
M22[FQ[-XWC2;Q!X3@F0.C>(G+(PR"5L+QU./9E5AZ%0>HH`Z/>WK1O;UI**`
M%WMZT;V]:_"W_@Z-\3:_>?ME^!?"-SJ]P^EV'PUBNK2P:9C#%/-?WBRRJF<!
MW6&%68#)$2`_=%>%_P#!*7]AGX+?MH'QW_PM^[UN+_A'#IO]G_V-?)#GS_M.
M_?NC?/\`J4QC&.>M=_%,<EX*X$J<5YQB)1P]-0<E"GSR7/4C3C9<\;^])7VL
MK]CY2CQ%B\9Q'_8^$PZE.[2;GRIVBY/[#MHF?TC;V]:-[>M?A-H?_!);]EK4
M?V;/&WQ8N-1\5_VIX>D\6K8*NKQ"(C3;N^BM]Z^3DY6WCW8(R<XQGC\UK:ZN
MK&YCOK&YDAGAD$D,T+E7C=3D,I'(((!!'((KC\/,PX4\3JN/IY+BJE\%4]G4
MYZ/+[SYOA_>.Z]UZZ&>>\19GP[&A+&86-JT>:-JE]--_<7<_L"WMZT;V]:X+
M]EC7=9\4_LP_#CQ-XCU.>^U'4?`6CW5_>W,A>2XFDLH7>1V/+,S$DD]2:[RB
MI!TZC@^CL?64YJK3C-=4G]Y\S?L\7$UA_P`%4_VEO#EH^RRN/A[\-]9EAQG=
M?3'Q%:2RY/(W0:?9IM!VCR<@!G<M].U\O_`3_E+=^TA_V1_X8?\`I7XOKZ@J
M"PHHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`
M"BBB@`HHHH`****`"BBB@`K\_OV)1<?$/_@MO^W[X2\7ZA<W>E:$OPK&EZ<)
MC''$9_#<[R-\F&8ED[D@9-?H#7P!_P`$\/\`E.O_`,%%?^Z1?^HQ<UE6HT<1
M#DJQ4EV:NAQE*+NG8^_888;>%+>WB6.-%"HB+@*!P``.@IU%%:I)*R$%%%8^
MM>/O"7A[Q;HO@;6-6\G5?$7VG^Q[7R)&^T?9XQ)+\RJ53:I!^8C/09-3*48J
M\G;_`(.B_$F4HP5Y.W_!T7WLYO6OV8?@'XB^,-M\?-;^&6GW'BVT2-8M6<O\
MS1X\N1X@WE22IA-LKJ77RX\,/+3;WE%%9TL/AZ#DZ<%%R=W9)7?=VW?FSIK8
MG$XB,55FY**M&[;LNROLO):!7,^._@K\&_BEKV@^*?B;\)?#/B/4_"M\+WPQ
MJ.NZ#;WD^CW(DBD$]K)*C-;R;X87WQE6W1(<Y4$=-16Q@>0_'/X-?M3^+?BE
MX?\`B'^SW^U_%X)TW3[1X/$'@O7_`(?VVNZ7K)!8Q2[A/:W=LX\QPYCN,.$A
MP$V/YDG[.WBC]J[Q;)J_A']KGX`^%=!N=!ATQM/\3^$O%9U+2_$ETT;27$MM
M;3PQW-BL$JQ@+.&;<_RNX3S&]:HH`\(^%7C[P-\9XM=U3]B_]J_PE>06>EF+
M3=%TZ&PUC0[&>Y:.5+R>TM'@NPZ^7-&(UNX(V,DQ:,R+N7MHOB5XZ^%'PGU+
MQM^T?HD-S/H<D<<MQ\,_#^KZU-JL6(8_M<>E6UM-=P.\SR$VD1O/)C`)N)0'
M9?-/VG/V=?@/XE_:)^'_`([\=>`7M)->U2YL+GQ=H?C:]\/7UMJOV%DL7$UA
M/#--))`MU:8W@LLD:,6"Q)7LMEX*\6>$_A7IW@+P-X]DFU32=+M+*V\1>,K:
M359KKR51&GNA'-;M/-(BL6<.F9'WD$?*<*$TW*'\KM^37X,PH33<H6MRNWRL
MFOP?_!,CX2_M)?#OXU:F^D^#O#WCVSECL?M;/XM^%7B#0(C'N5=HDU2QMT,F
M7'[H'S,!CMPK$=9K'B"XTO5M+TJU\-:C?C4;EXY[JS6(0Z?$L3OY\[22)\A<
M)$%C#R%YE(3RTEDC^3/BG!_P7]B^(4D?P3NOV/)_"BZQ<"*;Q3!XJBU"33_,
M_<,4@9XTG,?+KN9`W"L1S7O^AZ)^U-X@_9VFT/QKXV\%>&_BE=V%U#_;_AO1
M;G4='T^=I9!!/';7,L4L^V+RR4>109`W5>#N;D'Q#\<_%CP1\,FU_P`276A6
M6LZGJFF6]E::6LDT.F>:+=;B!KB;:;T^8+HQS>1;[EDA4PJRL[>9V5G;Z=90
MZ?:)MB@B6.)<YPJC`&3["O,_A1^QQX;_`&?OB#=:MXP^,WQ"^*?Q!L+1+77?
MB%\1?$#7;EIX89Y+/3K?<5TZQ5W>40+EBUSM>2400E?4:M+0AO4*\6^-'PE_
M9.\<^+=5TOQ_XZT[1KN*Q37O&WA^R\3Q6":G:Q7%A,NH:I;JP\U472H(%NI`
M&2#S8UD56X]IKYQ^,'[!_B/XQ>(/%>HZI\9;'3+;4=0NM6\*/HOA>:SU#3M3
MGL;:S:6\O8+Y'NX5CM8E6.V%E(-J2><;F**ZC8C3^&O[.'[-<.M>%?VC_`?Q
MCN-4BL]5\W2?$-IK]E+:ZPC6<FDVME-<0Q#[9%#"R0P[G:7?%N:2226X::Y=
M_`S]FF]\&>)],M_B;;0:)X]MCK=R;?4M.,`B-Y=:K_:%LS1$`;Y+B47'S%5C
M#JP,*NN;XT_8K\<_$"V^%^J:[^TGJEKK7PLLXY-,_L[37EL-5U.-X62ZO?M]
MS=:C(FV!8V"7\=Q)'-<H]TPG<&.+_@G]X5GT&Z\/^(O$UAJT5S%>6)DU#PVD
MC-I3R:6UM8ONE(9(DTJ&,@!8V$LNR.'*[0#L_"/A/]GGX&_$"SCT#XB6.AS^
M(,Z)X;\(3>(88[3$4,$L=AI]JQ!18$226.WBXC6\FPH0QB/U*OFG0/\`@GSK
M?AG7[6ZL?V@+R\L[WQ98ZWXPO-7TF2?6-4;3M4FU'3T@O$NDCM&WSR)=R&WE
M-TLD@06P?`^EJ`"J>K^'M"U][276M'MKJ33[Q+O3Y9H0SVERGW)XF/,<BYRK
MJ0RGH15RB@!GA+XD?%'X+1Z+I.DZW/XC\+1ZT!K=OXBEO-2U:WM)V5"]O>-(
M\LBPNS3%)EG=D+QH\:K&J_0\]Y9ZBNF:AI]U'/;SS>9!/#(&21&AD*LK#@@@
M@@CK7SGJVIV&B:5<ZSJDWEVUI;O-<2;"VV-5+,<`$G`!X`KM_@YI_P`2IOV4
M=(M_#*6^C^(;VQU*7PLFIRF>WL1,+N33@VW=B%(GMP(P/D10@1=NP2T4F>PT
M5R7P,'CH_"S2IOB-XM@UW4YA-,-7MXU075J\TCVKL%AA42?9VAW[8D&\-A0,
M5UM24%8_CWP;8?$#PK<^$M3N988;EHF:6'&Y3'*LBD9!'5!6Q10!P'Q=_9_T
M3XQZ+%HVN^)M4LEAEU%DEL+@[]MW9SVKJ3*7^4).Q"C"Y4#`'%>7>)O^"</P
M\\92:)<^(M7TV5M"\.VNB65LGAB+[+':6TYDM52)G;R_LI$<UL`VVWNX8KE5
M.P1UZ+^TIX4_:5\2Z)ITW[-WQ6TKPU=VKW7]J1:K91LMVCV[I"RS/!.(3#*4
MEV^4WF!=A9`<U=^!&@?&G1M,FN?BY\4+7Q.MW:0O8W%K'`%1A+<`LK0VT(97
M@^R,20?WOG;0B%%`!;^`?P7T3X`?#2U^&7A[4I;NUM+B>9;B:)4>5Y96DDE<
M+PTTCLTLLG!EFEEE(!D('9T44`%%%>0_M.:/^U%=75CK7P2^+^A^%O#]G9L/
M$!O-/$MVY,\+^=$[V]PBE(HWC"&(AA<R$D,L;*`>O5Q_P;_X\?$/_8XZG_Z/
M-5O@;H/QYT'3];3X]^--*UJZNM:-QH[Z3`(X[2T:WAW08$,9"K.)]@<ROY93
M?*[9Q9^#?_'CXA_[''4__1YH`W?&'C+POX`\/3^*_&6M0Z?I]N\:2W4Y.T/)
M(L<:C&269W1%4`DLP`!)JE_PLOPY_P!`WQ!_X2>H_P#QBO._V^?^38M2_P"Q
ME\.?^GVPKY4^(_Q-_P""MVH?\+<T+X-3>/)=1C\<WEMX?GU?P?I5A::18#Q)
MIUOIL>D7$NF2_:TFTN349KFXN(;](A'$PDA<&-P#[O\`^%E^'/\`H&^(/_"3
MU'_XQ1_PLOPY_P!`WQ!_X2>H_P#QBO@[PU^U5_P4L_X1WQU>^+?"OQ&%[J'@
M6YO?ATB?!*6$IJ,;12E9(8K>Y%K(8?-"V]S/+N;]VKS2`$]_^VA\;/\`@I+9
M?%F"Z_8V^'MY?^`-1\'>$+RZO=0TJ2UO]-N+CQ,(]0-M9SZ7,]S<'32!/;7,
MEK]EBS,/W@(H`^LO^%E^'/\`H&^(/_"3U'_XQ1_PLOPY_P!`WQ!_X2>H_P#Q
MBOBS1?CK^W/H>KW.L#Q#\8=<N+"[L)OBEH6M_!Q(M-\,RCQ%I4<]IX:DMM'B
MFUNV>PDU?YTFU&006T4GG13,GG[OP_\`B]_P4$\0_"/]I;Q7;7OB6'Q';>+[
MF/X(6OB?X;2R1VFDR2,+.2*P_L_3I)B8F4MYE[>NC*&E$!#VS@'UM_PLOPY_
MT#?$'_A)ZC_\8H_X67X<_P"@;X@_\)/4?_C%8_[,[_%^7]G?P/<?M`:M'?>.
M)O"MC)XLNHM(%@'U!H$:<?9U=Q"0Y8%0Q`(.,#@=Q0!R/B3XY?#;P9H=QXG\
M9ZI?Z-I=F@>\U/5]!O;6VMU)`W22RPJD:Y(&YB!S5[QG_P`C)X1_[&&7_P!-
MM[7DG_!47_E']\4O^Q;_`/:T5>M^,_\`D9/"/_8PR_\`IMO:`.@HHHH`_$#_
M`(.+?AUJ/Q=_X*;?#;X8:1KVE:9=Z[\.]/L[6^UR\,%I%(^I:@%\R0*Q4$X`
MP"22``2:]B_9%_90^"O_``2\^&.L^*?B%\;XS=>(A:IKVJ:Q-%:V1GA\]HH;
M2(CS"Y65UVEW>0H"JKG;7S]_P<_RRP?MY>#IX)61T^%EDR.C$%2-1U#!!'0U
MK?L<_MN?LLI^S[)^TY^UO\0;CQ!\2_#VJ2V_E^(+E;Z^C?RQY/\`9%IA8[59
M(PJO)&J$R!S-*5"L/SWZ2>0\<YYX>9;0R^I5JY=4<:=?"X>DI5JU5S4J/OM/
MDI\T;2E9J$^1^SJ7]SY+A?&Y-@^,,;.O&,:\6Y0J3DU",>6T]+J\K/1:77,N
M:-M?H3]FSQO\.OB'\+O$7[._C.XU;PUK?B?5_%3P:!XCTN;2=2O=-O[^^E6Z
MM(;R-6G402[BR*XC88<`C!_.;_@HW_P3<?\`8GEM/&OAGXD6FJ^%=;U`6FCV
M.I3[=7201L\F]$C6.6-`JYE4KS*@*#()^TO`G_!4/]@']L&X/PV^,_A]_#OD
MW$MSI-SXX@@CMXY$,@CG@NXY&-G="+Y@X,;([;8Y';:3^;/[7WQYG^.GQ5GN
M-%^(?C'7_"FBA[3P@_C;4OM-[%:EM[%VP"Q:0L0S[I-@C5V8H,?)?1PX2\4<
MF\5,;*=&OEN'G^^Q="O3C4IU7-S]FZ%=**<N:^B7NP4_?F]%7'V:<.8OAJBE
M.&(FO<I3A)QE&UN;G@[Z6\]6UHMS^FK]CK_DT7X5_P#9-]#_`/3?!7H]><?L
M=?\`)HOPK_[)OH?_`*;X*]'K]VQ7^\S]7^9]'A?]UI_X5^1\Q_`3_E+=^TA_
MV1_X8?\`I7XOKZ@KY?\`@)_REN_:0_[(_P###_TK\7U]05@=`4444`%%%%`!
M1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%
M%%`!1110`5\`?\$\/^4Z_P#P45_[I%_ZC%S7W_7PQ^PMX"\4^$/^"W?[>GB+
MQ#IP@M/%6D?";5-"D$Z.;BT31-2LFD(4DI_I%I<)M;#?N]V-K*6`/N>BBB@`
MKQ[XS_\`)V?P6_[F/_T@2O8:\N^+7A;7M0_:0^$GBZSL-^G:9<:Y!?7'FH/*
MDGT\F(;2=S;O*DY`(&WG&1GDQJ<J*2_FA_Z7$X\<G*BDOYH?^EQ/4:**9<7%
MO:0-<W<Z11HN7DD8*JCU)/2NL[!]%<=K7QO\(VS):^#K+4?%MY),L8M/"MNM
MT$).#YDY9;>#'4^;*AQTSD9Q;;Q#^U/XRU53I7@/PUX)TN*]GBEE\37;:K>W
M$(53#,D%G+'%'DY5E:X8CDCA1OPEB*:=HW;\E?\`'9?-F$L133M&\GY*_P".
MR^;/2ZX'QS^U)^SS\.#+%XL^+NC1SP7C6MQ96=S]KN(95W;E>&`/(F"I!+*`
M#@$@D`YT/[,.D>(;>[/QC^)GBWQE+J-K:QWUK>:Y+8Z>)(@,O#9V9BC0.X5B
M&\P@HN&SN+==\/?A/\-/A/I@TCX;^!M,T:$P0PRM8VBI).L2E4,LF-\S`%OF
M<LQ+,22228YL7/9**\]7]RLO_)B.;&3V2BO/5_<K+_R8\O\`B+XS^-_QN\):
M3;_![]GFZTNX;5X[ZUUSXE-#9PZ;+:3K(CM:1/)=,)?+>'A8V"RALE6)KW&B
MBKI473DY2DVW;MT[67GYOS+I473FYRDVW;MT[)+S\WYA5#Q3XETKP=X<O?%&
MMS%+6QMVEEVD;FP.%7)`+,<*HSR2!WJ_7'_'KPEXA\<?"?5?#?A6TM;B_E\B
M6WMKT`QS^5/'*T9#$`EE0J,E1DC+*/F&YN>(Z397%I!)-J$XFO;NXDNM0N-B
M`S7$C%W8[%4=3@?*.`!CBK54M,UB34;=F?2YX9X9I(+NV=DW6\\;%)(V^;JK
M`CWQD<$58^T2_P#/C+^:?_%5H9DM%1?:)?\`GQE_-/\`XJC[1+_SXR_FG_Q5
M`$M%1?:)?^?&7\T_^*H^T2_\^,OYI_\`%4`2T5%]HE_Y\9?S3_XJC[1+_P`^
M,OYI_P#%4`2T5%]HE_Y\9?S3_P"*H^T2_P#/C+^:?_%4`9?C^TEU#PG<Z;'J
M#VBW3Q03W<=A-=-;PO*B22"&#YY2J%F"#@XPWRYKZBU+_C[L/^OL_P#HJ2OF
M2Y\-:[\4]33X4Z#I<FW5(RFMW[D>7IUBR2;I&VG+,^TQ(@*DE\Y`4D>]?%WQ
MAXK\#Z-8:[X0^#?B/QQ<#4Q'-I/AB[TR&XBC,,N9V.HWEK$4#!5(60OF1<*0
M&*S(J)^26L?\$4?^"]_BG5[KQ/X+_P""X/B'PSHVI7,EUI/AMM3UA#I-M(Q>
M*TVAP%\I&6/:``-F!5;_`(<9_P#!PK_TGX\0?^#C6?\`XY7Z?_\`#2GQJ_Z1
MZ?&#_P`'?@W_`.:"C_AI3XU?](]/C!_X._!O_P`T%24?F!_PXS_X.%?^D_'B
M#_P<:S_\<H_X<9_\'"O_`$GX\0?^#C6?_CE?I_\`\-*?&K_I'I\8/_!WX-_^
M:"C_`(:4^-7_`$CT^,'_`(._!O\`\T%`'Y?2_P#!##_@X2>)D?\`X+ZZ^P*D
M%3K&L\^W^LKEM!_X*2?M/^$-#LO">H_\$$/V]M1N-+M([2?4+3XQ?$6**Z>-
M0C2HBKM16*E@HX`(`K]:O^&E/C5_TCT^,'_@[\&__-!1_P`-*?&K_I'I\8/_
M``=^#?\`YH*`/R@_X>C?M)_]*^_[?W_AZ?B/_P#$T?\`#T;]I/\`Z5]_V_O_
M``]/Q'_^)K]7_P#AI3XU?](]/C!_X._!O_S04?\`#2GQJ_Z1Z?&#_P`'?@W_
M`.:"@#\H/^'HW[2?_2OO^W]_X>GXC_\`Q-:_P]_X*'_M&_$KXB>'/A]<_P#!
M"S]N/PU%K7B*PLI?$?B7XM>/[O3M+22YC5KJZ@N5\F:",$N\<O[ME5@WRDU^
MI'_#2GQJ_P"D>GQ@_P#!WX-_^:"C_AI3XU?](]/C!_X._!O_`,T%`'KYZFN/
M^#?_`!X^(?\`L<=3_P#1YKD/^&E/C5_TCT^,'_@[\&__`#05S_P^^-WQ[\+V
MVK0ZE_P3V^+9-[X@O+V'RM=\&G]W+(67.?$`P<=10!M_M\_\FQ:E_P!C+X<_
M]/MA7C?C?Q/_`,%7++Q%XJM_`WAQKNWTKQGJFM>$Y+BWTH6^L:6))K2QT";.
MV2.+"I>M<@I,0\<?G#$BUW7QY\7_`!-_:!^%&J_"3Q'^PG\=M)M=4\AAJFA>
M(?!$=Y:2PSQW$4L32ZY(@=9(D(W(PXY!KRX_#+]J\G/]H_MP?^%9\*__`(_0
M!Z=X2^(/_!0/5=?BO+_P_P"$9;74+:&Y@LH?"NHV]O!`HUQFC\Z[G@F2XD,.
MBQMYL*B,W+E8G4%A8_9M^*7[?'C-M>T[XZ^`/`EC<R>%'O?"ESHVD:S:00ZA
M]IN(UMM0^V@'&P6_%L92?*N'8QH]KYWE/_"L?VK_`/H(_MP?^%;\*_\`X_1_
MPK']J_\`Z"/[<'_A6_"O_P"/T`=O^ROJW_!0[PKK'C7QO^TY>W_B_1HO"-O/
MX?\`"MEH>G6=W%J]O"HN;2"1!#YQFF$JK)(QA)5'1UC8%H]6^*G_``4:^#=E
M!X2G^%"?$:Z6ZMY7\11Z?`GVB.2[L9KR+$$T"1""VN+Z"`F/<_V&)G,KN?-X
MS_A6/[5__01_;@_\*WX5_P#Q^C_A6/[5_P#T$?VX/_"M^%?_`,?H`[>[^)/[
M;?P(\,7WC/XW>-?"LNCHNGV,NOZ[;V=K9Z0MM=6EK>:E./.M0[WSW%W+%%YZ
M)'!;VPQYQDBGR?B_^V+^VCX'L?A`?"WP@T&\U7QGX9T6_P#$7AAM*:34Y;J7
M:-4B@M?[12>SCM!)`QD,=XJF;;*8T1YASW_"L?VK_P#H(_MP?^%;\*__`(_1
M_P`*Q_:O_P"@C^W!_P"%;\*__C]`&A^TF/VB+'_@F9\:_#/[3/B]->\0:0DU
MK;ZQ%X;&G)>68:V:*9?+8Q3;MS,7C"!22A160BOJ_P`9_P#(R>$?^QAE_P#3
M;>U\6>-?V=_CO\3/#%UX&^)6A_MK:]H.H!$U31K[QA\,%AO8E=7,4ABND<*Q
M4`[64XZ$5[_XA^/?QUU36-!OK;_@GK\70FFZJ]S<;M<\&@E#9W,(Q_Q4')W2
MK^&:`/=**\@_X:4^-7_2/3XP?^#OP;_\T%'_``TI\:O^D>GQ@_\`!WX-_P#F
M@H`_,+_@XE^"'B/Q!^WG\+OBEXR\#>(I/AM)X8TW3/$7B/2-&GN8H`FI7DMQ
M`&12HG,#[D0D%L@]`2/GGXH_$']AW6=;\>>*?AQ^S9JEHKV2:W\/=*N/AF($
M_MBYTJ;3[S3KJ,2S+%9PW)M]2@02RJC(\>YBU?N'_P`-*?&K_I'I\8/_``=^
M#?\`YH*/^&E/C5_TCT^,'_@[\&__`#05]A@^+'AL)2H2I-\BMI/E35[ZKE>O
M2]]KVL?'8SA-8G&5:\:J7.[ZPYFG:VCYEIUM;?N?A=X6\8?L/V]KK]CXL_9A
MUF:YEL=:D\-:I:^$Y`+>YD\*V%C:03Q$;7A.I"^N`X&^&:.*0?++)6#^U=;?
ML^?&?X9>"/AM^QU^RWXAMO$]OJT<.GVNG^"KH:I+9-I\"3VU_(K.=0NY-26Y
MGB9`^RWE1-R<01_O?_PTI\:O^D>GQ@_\'?@W_P":"C_AI3XU?](]/C!_X._!
MO_S05U0XS5.K&I&C*Z[U&U\UR_U\V<U3@MU:4J<JT;/>U))]-GS>7]61TW[,
M7AK6_!G[-7P\\'^)=/>TU+2?`ND6>H6LHPT,\5E$DB$>H92#]*[FO(/^&E/C
M5_TCT^,'_@[\&_\`S04?\-*?&K_I'I\8/_!WX-_^:"OB*DW4J.;ZNY]O3@J=
M-0716^XX+X"?\I;OVD/^R/\`PP_]*_%]?4%?'W[''C3Q#X\_X*E?M):YXH^$
M_B#P7=K\*OAG"=%\2W.G2W.T77BPB7=I]W=0[&W$`>9NRIRH&"?L&H+"BBB@
M`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"
MBBB@`HHHH`****`"OESX`_\`*73]I7_LD?PO_P#2GQ;7U'7RY\`?^4NG[2O_
M`&2/X7_^E/BV@#ZCHHHH`*HZOH<6K:AI=_).R'2[YKF-5'#DP30X/H,3$_4"
MKU%)I/<32:U,K7]$U_5[J)M,\:76EVZ(?-2RM('DD;L=TR.`/;;SZBL:3X)^
M"=5U*+6?&HO/$MU;RF2W;7[HS0Q-G(*6P"VZD'D,(PW"\_*,==14RIPD_>5_
MZ[$2I4YOWE?U_P`M@HHHJS0****`"BBB@`HHHH`\6^.'PWTCP]XZC^(F@1_9
MY-=C:+7;>)%$=Q-&JB*Y/?S`@,3'^)1&#_JUKE*[_P#:)FF'B+0;<,WEMINH
M.PR=NX2V8!/OAFQ]37G^CV>I>+_$B>"_"4L,FH;HVOF(\P:?`^[$\J!E.#L8
M*I*[V&`>I%K8A[C+N[M;"UDOKZYCAAA0O+-*X544#)8D\``=Z?'(DJ"6)PRL
M`593D$>M>D^$_P!D[X1Z+?1:_P",-+;Q?K$0'EZGXHCBN/)(=''DP!%@A*O&
MK!D0/D<L3S7S_P#'GP3\3_A#^TKIOAOX"^#=+L_#NN0VQCT#[//'8W9<3I(8
M60.MI-%.MJCJB+&T>HQR%,6\\@7,'*SN**Q(O'>DVNO0>#/%EO<Z!K\T.]=$
MUN!K>:3&`WE%@$N%!.-\3.I(.#P<3^+Y?%3:2-*\"Z*^HZUJ,Z6FF6<<R(6=
MS\TF7(`$:!Y6Y^[&U4(MV&LZ1JLUU;:9JEO<265QY%Y'#,K-!+M#;'`/RMM9
M3@\X8'O5FO0O$?[)?PUU'PII>E^%HAH6M:)"BZ?XDT^VC6XE90VX704*+J.1
MG=W1^"[EP5?#CRG^V-1\->(8_A[\2H8-,\1MY@AMP66'441F'GVK/_K%9%WE
M`2\8)#=,E)W&U8U*K:MJ0TNU69;62XEEGBM[6VAQOGGE=8XXUS@99V5<D@#.
M20*LDA068X`ZFNC_`&=OAI8>-/$-O\?M3UB[FM[5+BT\-:6"!:$$JK7[*5RT
MW$L:,#M$;OP2_P`HW8$KG>?`SX93_#GPHTVOB*37]6D6YUNXCVL`^W"0JP4$
MQQK\JCU+-U<D]K114%A1110`4444`%%%%`!1110`4444`%%%%`!1110`4444
M`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`'RY\`?^4NG[2O_`&2/X7_^
ME/BVOJ.OESX`_P#*73]I7_LD?PO_`/2GQ;7U'0`4444`%%%%`!1110`4444`
M%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`5
M\N?`'_E+I^TK_P!DC^%__I3XMKZCK\H[_P")O_!6OQ[_`,%LOVO?"O\`P3IM
M/V=([?P5X<^&NB^('^-<>O!Y;>32K_4;5K<Z8Q#/YU_J"R%PHV+;!1D2,P!^
MKE%?`'_'4U_U8!_Y>]'_`!U-?]6`?^7O0!]_T5\`?\=37_5@'_E[T?\`'4U_
MU8!_Y>]`'W_17P!_QU-?]6`?^7O1_P`=37_5@'_E[T`??]%?`'_'4U_U8!_Y
M>]'_`!U-?]6`?^7O0!]_T5\`?\=37_5@'_E[T?\`'4U_U8!_Y>]`'W_17P!_
MQU-?]6`?^7O1_P`=37_5@'_E[T`??]%?`'_'4U_U8!_Y>]'_`!U-?]6`?^7O
M0!]T^*?`7@7QRL*>-O!>DZP+8L;<:KIT5P(MV-VWS%.W.T9QUP/2G>%/`_@K
MP':3Z?X'\'Z7HUO=7/VBY@TG3X[=)IMB)YC+&H#-LC1=QYPBCH!7PI_QU-?]
M6`?^7O1_QU-?]6`?^7O0!]_USGQ<\,^,/%_PXU;0/A[XJ71-=FM=VCZG)%OC
MAN$(=!(N,F)BH20+ABCMM*M@CXC_`..IK_JP#_R]Z/\`CJ:_ZL`_\O>@#Z:^
M";6GQ"^&*_`W]I/2-%O]>M4/V[PSJVJQZM<1P8CEC2Y9@0\T2RHGF;G:15BN
M"RF;8O7>"/V>/A=\/]=A\2:#8:G+=6ID^PMJGB"\O5M0ZA6V+/*XSC<`YRZB
M1U#!#MKX!UO]E7_@XD^(GQ;C^.'C/7?V(]"\2:3I,?\`9%]X:B\:2?:[RVE9
M[59P\L8C01SWUNTJ[R8+Z>-HI0R>7VW_`!U-?]6`?^7O0!]_UB_$#X>^$_B=
MX;D\*^,M,^TVK2I+$R2M'+;S(<I+%(I#1R*>0RD'J.A(/PU_QU-?]6`?^7O1
M_P`=37_5@'_E[T`>\V7[.7QC@\5VWP]UO4K;5O"K"1[GQ?)?"&_:W7=LMY+>
M)%4W#$Q`R(5B=!.VV)A'&_T!86%AI5A!I>EV4-M:VT*Q6UM;QA(XHU`"HJCA
M5````X`%?`W_`!U-?]6`?^7O1_QU-?\`5@'_`)>]%[A:Q]_T5\`?\=37_5@'
M_E[T?\=37_5@'_E[T`??]%?`'_'4U_U8!_Y>]'_'4U_U8!_Y>]`'W_17P!_Q
MU-?]6`?^7O1_QU-?]6`?^7O0!]_T5\`?\=37_5@'_E[T?\=37_5@'_E[T`??
M]%?`'_'4U_U8!_Y>]'_'4U_U8!_Y>]`'W_17P!_QU-?]6`?^7O1_QU-?]6`?
M^7O0!]_T5\`?\=37_5@'_E[T?\=37_5@'_E[T`??]%?`'_'4U_U8!_Y>]'_'
M4U_U8!_Y>]`'W_17P!_QU-?]6`?^7O1_QU-?]6`?^7O0!]_T5\`?\=37_5@'
M_E[T?\=37_5@'_E[T`??]%?`'_'4U_U8!_Y>]'_'4U_U8!_Y>]`'W_17P!_Q
MU-?]6`?^7O1_QU-?]6`?^7O0!]_T5\`?\=37_5@'_E[T?\=37_5@'_E[T`??
M]%?`'_'4U_U8!_Y>]'_'4U_U8!_Y>]`'W_17P!_QU-?]6`?^7O1_QU-?]6`?
M^7O0!]_T5\`?\=37_5@'_E[T?\=37_5@'_E[T`>N?`'_`)2Z?M*_]DC^%_\`
MZ4^+:^HZ_./_`()!_$W]L7Q[_P`%//VR/"O[=MI\-(_B+X*\.?#'1=1?X21Z
M@-%EMY+37-1@:,Z@QG9_+OPKE@HW*0!@;F_1R@`HHHH`****`"BBB@`HHHH`
M****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`H
MHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BB
MB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****
M`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`
M****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`H
MHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BB
MB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****
M`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`
M****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@#_
!V3\_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>5
<FILENAME>graphic3.jpg
<DESCRIPTION>GRAPHIC 3
<TEXT>
begin 644 graphic3.jpg
M_]C_X``02D9)1@`!`0$`8`!@``#_X0!P17AI9@``24DJ``@````$`!H!!0`!
M````/@```!L!!0`!````1@```"@!`P`!`````@#`P#$!`@`9````3@``````
M``!@`````0```&`````!````141'05)I>F5R(%-O9G1W87)E(%-U:71E`/__
MVP!#``(!`0$!`0(!`0$"`@("`@0#`@("`@4$!`,$!@4&!@8%!@8&!PD(!@<)
M!P8&"`L("0H*"@H*!@@+#`L*#`D*"@K_VP!#`0("`@("`@4#`P4*!P8'"@H*
M"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*
M"@K_P``1"`"M`L8#`2(``A$!`Q$!_\0`'P```04!`0$!`0$```````````$"
M`P0%!@<("0H+_\0`M1```@$#`P($`P4%!`0```%]`0(#``01!1(A,4$&$U%A
M!R)Q%#*!D:$((T*QP152T?`D,V)R@@D*%A<8&1HE)B<H*2HT-38W.#DZ0T1%
M1D=(24I35%565UA96F-D969G:&EJ<W1U=G=X>7J#A(6&AXB)BI*3E)66EYB9
MFJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&Q\C)RM+3U-76U]C9VN'BX^3EYN?H
MZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$!`0$!`0````````$"`P0%!@<("0H+
M_\0`M1$``@$"!`0#!`<%!`0``0)W``$"`Q$$!2$Q!A)!40=A<1,B,H$(%$*1
MH;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF)R@I*C4V-S@Y.D-$149'2$E*4U15
M5E=865IC9&5F9VAI:G-T=79W>'EZ@H.$A8:'B(F*DI.4E9:7F)F:HJ.DI::G
MJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4U=;7V-G:XN/DY>;GZ.GJ\O/T]?;W
M^/GZ_]H`#`,!``(1`Q$`/P#]_****`"BBB@`HHHH`****`"BBB@`HHHH`***
M*`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH
M`****`"BBB@#\4/C!KFG'QK\<_CY^T-^UW^VW<22_MLW/PA^'G@#]GKXR2V,
M://I=C=64$=G<W,,**999H\HXP7C&S`9A'J7AWP+X-\=^`?!?QE\<?\`!7;X
M?V_Q&^(FD>"M!\0^,/C=9PZ?'JFHS>5;K*\.J22*G#NQ5&(5&PI.`5^)O_(T
MWW_:;/P[_P"FO3*^R_\`@N7_`,@_]D?_`+/G^'/_`*475`'Y/?$/_@J[_P`$
MJ_AIX_USX<>(/VV?^"J\E_X?UBZTV]DM?CE:M$TT$K1.4+:F"5+(<$@''85I
M?`K_`(*:_P#!+G]H/XW>#?@)X+_;@_X*H6VL>-_%6G:!I-SJ?QSMTMHKF\N8
M[:)Y634798P\BEBJL0`<*3Q7Q-_PZYTG]KGXG?$CXM6G_!3+]E7X<3'XH^(+
M2\\(_%SXFW>@ZQ9R1ZA-AFADL&CEC="DBRP22QX?8661)(T[3]G7_@E/%^RI
M^U]\"/C.O_!2O]D[XE?8OCYX*M_^$3^$_P`7FUC6KCS=<M$\R*U-I'N1,[G;
M<-J@GGI0!^E6@>$_#'CV]UQOA%K_`/P6`\::3H7BO5?#TGB3PU\:[*2PN[O3
M[R6SN3"\NJQNR":%P"R*>.0.E>:_M!_M5_L"?LQ?`KX>_'CXM?MI?\%2K*U^
M(NO^*-&L-`3XZQ?VEIEYH%Y!9WT=Y&U^L<9\V=0FR20G8^X)@`_I]_P1/_Y-
M,\7?]G!_$G_U*]2K\7?^"BW[)6G_`+8WP+^"/PSN?VK_`(0?"6X@^-_Q_N[;
M5OC/XHN-&TV\V^++$-#'=QVLT22@'<%E,>X<*6/%`"?\/D_^"2G_`$>I_P`%
M7O\`P]]I_P#+2O??AY\9OV1/C)\.OA3X]^"G[4'_``57\8W7QDU7Q-8>#_"^
M@?'6W?4]^A1VTMZ\T<FHI&J;+I60K(Y(CDW!?EW?G+_PX+_ZS4?L`?\`B1W_
M`-PU]^_\$8OAS_PI[X^?L(?"?_A//#?BG_A&OB7\?M-_X27P=JGV[2=5\G3-
M/3[39W&U?/MWQN23:-RD'`H`Y7_@I!^TYX4_8.^#WV[7_&'_``52\*^.O$]G
M=Q_#BW^*_P`?8[#1[V[@,`F>XELM0N)S'"MQ'(8T0-*=L8>+>98_UW_X(6?$
M;XA_%S_@DG\#OB1\5_'FM>*/$6K>$WFU77_$6J37M[>R?:YUWRSS,TDC8`&6
M).`!VK\OO^#Y?_D#?LR?]?7C'_T'1:_2C_@WI_Y0O_L_?]B8_P#Z67%`'V91
M110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%
M%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444
M`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`
M4444`%%%%`!1110`4444`%%%%`!1110!^)OQ-_Y&F^_[39^'?_37IE?9?_!<
MO_D'_LC_`/9\_P`.?_2BZKXT^)O_`"--]_VFS\._^FO3*^R_^"Y?_(/_`&1_
M^SY_AS_Z475`"?\`!$_X$?`_QK_P3OT#Q+XR^#7A35M1N/B%X^^T:AJ?AVVG
MGEV^,];5=SNA9L*H`R>``.U/_P""NGP0^"W@3X,?"K7_``1\(/"VCWZ?M._#
M1$O=+\/6UO,JGQ-9`@/&@89'!P>0<5XI_P`$J/VL_P!N_P"&7[%]AX(^#'_!
M*7Q9\2_#5E\0O'/]F^-=-^*_AC3(-1W^+M8DDVVU]>1W$?ER.\1WH-QB++E6
M4GI/VX_B5_P56_:T^'7A'P3HO_!%KQCI$GAKXM>%/%\TUU\;_!KK-#I.K6]]
M)`NW4.'D2$HI/`+`G@8(![?_`,$3_P#DTSQ=_P!G!_$G_P!2O4J^%_V0/AS\
M//BK^V!^S#X.^*'@+1?$FD3?$_\`::>72M?TJ&\MG9?$%F58QS*RD@\@XR*]
MX_8/^)7_``58_9$^#>L?#+Q!_P`$6?&.K3ZK\2?%/B87-G\;_!JI'%JNLW6H
M1PX:_P`EHTN`C'@$H2,`X'AO[.7P4_X*Z?!+X^?"3XRZI_P2)\37D'PX\4_%
MC5KVPM_C/X0#W:^+M1@O+:-&.H``VZQ%)"1\Q(*XZ4`?J1_PP=^PY_T9E\*/
M_#=Z9_\`&*_++]F#P]H'A+_@K1^SKX6\*:%9Z7IFG?M,_M,V^GZ=IUJD%O;0
MI!:!8XXT`5%`&`H``K[?_P"&[_\`@J!_T@P\=?\`A]?!?_R?7PE^QSK_`(M\
M5_\`!4/]F7Q1X]^'USX2UO4OVC/VE+G5O"]YJ$%W+I-P]M9L]J\]NS0RLA.T
MO&S(2,JQ&#0!Y[_P?+_\@;]F3_KZ\8_^@Z+7Z4?\&]/_`"A?_9^_[$Q__2RX
MK\U_^#Y?_D#?LR?]?7C'_P!!T6OTH_X-Z?\`E"_^S]_V)C_^EEQ0!]F4444`
M%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4
M444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!11
M10`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%
M`!1110`4444`%%%%`!1110`4444`?B;\3?\`D:;[_M-GX=_]->F5]E_\%R_^
M0?\`LC_]GS_#G_THNJ^-/B;_`,C3??\`:;/P[_Z:],K[+_X+E_\`(/\`V1_^
MSY_AS_Z475`'\EG[7/\`R==\3O\`LH>M?^ETU>>U_41_P3*_8L_X*2_%_P#9
M%M/B!\!/^"J^F_#?PC??$'QN-'\%77[.VBZ\^FA/%NKQRC[==3K+,))EEF^8
M#9YNP<**Z#]LSX%_\%@?V1?`7A7QQ)_P6.T77QXF^*7ACP>;8?LK>'+;[,-7
MU2"P-UN\Y]YB$QD$>!O*;=R9W``_E7HK^JC]BKX%_P#!8']L+X3ZO\45_P""
MQNB^'_[*^(?B7PO]B_X97\.7/FC2=7NM.%QO\Y-OFBW$NS!V%]NY]NX^,?`3
MXC_\%@_CC\<_A;\&$_X*G:'I@^)/B;XH:0=2/[-7AR4Z?_PB&H0V:R"/<OF_
M:Q+YA&Y?)V[09<[J`/YOJ_=C_@W_`/\`D8O^"=7_`&-_QU_]-&G5^EO_``[A
M_P""PG_2<;1/_$1O#G_R37Q]^Q3X<\;^#O\`@II^R_X2^)GQ!3Q;XCTS]HC]
MI.UU[Q1'HL6G+J]VEK9K+="UA)CMQ(X+>4A*KG`)H`X/_@^7_P"0-^S)_P!?
M7C'_`-!T6OTH_P"#>G_E"_\`L_?]B8__`*67%?FO_P`'R_\`R!OV9/\`KZ\8
M_P#H.BU^E'_!O3_RA?\`V?O^Q,?_`-++B@#[,HHHH`****`"BBB@`HHHH`**
M**`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHH
MH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@
M`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"
MBBB@`HHHH`_$WXF_\C3??]IL_#O_`*:],K[+_P""Y?\`R#_V1_\`L^?X<_\`
MI1=5\:?$W_D:;[_M-GX=_P#37IE?9?\`P7+_`.0?^R/_`-GS_#G_`-*+J@"K
M_P`$5_VD?V=OA]_P3TT'PGX]^/?@O0]5MOB#X^-SIFK^*;2VN(@WC/6W7=')
M(&7*LK#(Y!!Z&G_\%:OVB/V?OB1\'?A5X9^'GQU\&Z]J3_M.?#5X].T;Q1:7
M4[JOB:Q+$1QR%B`.3@<`9K^?/5?^"N__``R]XX\8_`O_`(=@_L@?$3^P_B%X
MD_XK'XI?!7^U]>U#SM8O+C_2KO[7'YOE^;Y2?*-L44:\[<GI/V>?^"L8_:P_
M:]^!/P6/_!-']DKX:_;OCWX*G'BWX2_!O^QM;MO*UVSDV177VJ3:CXVNNT[E
M)''6@#^AG_@B?_R:9XN_[.#^)/\`ZE>I5\.?L:>./!/P[_;&_9@\4?$'QCI6
MA:9%\3OVFUEU'6=1BM8%9O$%F%!DE95!)Z#/-?<?_!$__DTSQ=_V<'\2?_4K
MU*OQ+_X*5?M,C]DGX5?L_?&7_AGWX8_$W[-\<?VA;;_A%?B[X4_MK19?-\46
M2^:]KYD>Z1.J-N^4\X-`']%7_#8O[(O_`$=/\./_``N+#_X]7Y2?LS:UHWB3
M_@K=^SQXA\.ZO:ZA87O[3G[3,UE?6-PLL,\;06A5T="592.A!(K\I/\`A_I_
MUA7_`&`/_$<?_NZOOW_@C%\1O^%P?'S]A#XL?\('X;\+?\)+\2_C]J7_``C7
M@[2_L.DZ5YVF:>_V:SM]S>1;IG:D>X[5`&3B@"Y_P?+_`/(&_9D_Z^O&/_H.
MBU^E'_!O3_RA?_9^_P"Q,?\`]++BOS7_`.#Y?_D#?LR?]?7C'_T'1:_2C_@W
MI_Y0O_L_?]B8_P#Z67%`'V91110`4444`%%%%`!1110`4444`%%%%`!1110`
M4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1
M110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%
M%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110!_.9_
MP5%\?_\`!0[P)XK^)_P$_92_8/\`C/J'B2U_;LO?C'H'Q+TSX7W]]IULEGI>
MGVNFFU!M98;QGN([B1BX,2K!&-LOG'RO!_%G[;__``<V_&?Q[\-?$7[47[-/
MQI^(>A_#/XHZ)X[TSPQ=_L\G3(KG4=,G\V$//8:5#,%*M(A&XC$F=I(&/ZJZ
M*`/XF_C5^P!_P4<^*?QD\6_$[3O^"</QVLK?Q'XFO]4@LY_A7K$CP)<7$DJQ
MLPM0&*AP"0`"1G`K6_97_8J_X*/?LY?M/?#C]H6__P"":7QUUB#P'X]T?Q%-
MI,7PPUB![U+*]AN3`LIM'$9<1;0Y5MN[.#C%?VG44`?RK^!OV\O^#H[X+-X@
MT/\`9V^`?QI\$>&-<\9:SXCA\,6G[."W\5C<:G?S7UPB3WNDS3NOFSOC>YP,
M#@<5X[^U)X&_X*T?M;?LT?#+X'_%#_@FI\:'UKX?>-/&VOW?BJV^$^KQ'6G\
M17=E>S>9;I:".*1+F"Y.8]L92:-1&AC+/_8510!_#I_P[$_X*4_](]/CE_X:
M;6?_`)&KZH^%WB;_`(+4_LX?";X$^%?V6_\`@GW\</!OB_X(:GXOO].\;/\`
M!Z_U![J37Q;Q3QBUNM/DA5$M[94!978M*Y&S:M?UQT4`?Q[_`+<VI_\`!PS_
M`,%)H/#%M^VI^S3\<?&B>#GO&\-C_AGZ73OL9NA")_\`CPTV#S-WV>'[^[&S
MY<9.?Z4O^"$G@'QY\+O^"1GP,\`?$[P1K'AO7M+\)/%J>A^(-+FLKRT?[7.V
MV6&95>,D$$!@,@@]"*^MJ*`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@
M`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"
MBBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`**
M**`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHH
MH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@
M`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"
MBBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`**
M**`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHH
MH`****`"BLGQ'XZ\(>$=8T'0/$OB"WLKWQ1JSZ9X>MIVPU_>):7-ZT,?JPMK
M2YEQ_=A8]JUJ`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****
M`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`
M****`"BBB@#\I_\`@LW^T?\`M_\`[$W[56E_%3]EO]I/Q;J/@SPQ\.+GXF^/
M?A1<Z5IMU!JFF:9XET2SU"TMYWM#<6T36>JS2.WF'RTM24*D\?>WQ\_;6^$7
MP7_8AUK]NS2-5B\1>%+?P1'XA\+FPE*GQ%]JB1M-MK8E<F2\EFMH8AC+/<(,
M9.*\C^-G@?P=\4?^"O\`X4^&/Q!T"UU?0?$/[(/CS3-<TF\3=%>6=QX@\,Q3
M0R+W1XV=2.X)KXC_`."85M\=O&?QD\-?\$-?B[IFL3:-^QU\7-2\4>+?$]^\
MR#7_``]8R0W7@JV9D)3=-=7Z7XA;"K;Z'`HSN8*`>]_\$"_VE?VY/C'\2/VF
M_@Q^W1\?SX^\0?"?X@Z?H$-U'H]E9V]I/Y%Q]L2`6L,6Z+ST(4OD[47IDU^C
M]?F7_P`$))8W_;\_X*&A)%)'[1O(!SCYKX?S!_*OT;^(OQ!\&?"7X?:[\5?B
M/XA@TCP]X9T:ZU;7M5NL^5965O$TT\[X!.U(T9C@$X4T`?FO_P`%K/VL/V^/
M@Q\<KGQ-_P`$Y_B7J\Z_`KX;Q_$SX]>$;Z"RFT2^T8:C#':Z:7>!I[>YGM;7
M6;F0)+$1;63%<O)&1^B7P`^./P\_:9^!_A+]H;X3:JU[X:\:^';36M$N)%"R
M&WN(EE19%!.R10VUT)RCJRGD&OBG_@GY^RE^U#\:/@]XC_;7\5_M$W7@?6_V
MF]8D\:^(_",O@71]4^S:-<0);:+I<TUS`7D6'1XK-'B;A99+@8)9B>._X((:
MKXD_8E^,?QL_X(;_`!8\17%[=_!O7&\4?"+4+Y"CZQX-U.03!X\*%;R+B=?-
M920)KUXQ_JC@`_27Q;X>?Q7X<NO#T7B#4=*:Y0*NHZ1.L5S`00=R,RL`>,<@
MC!(Q7Y1_L&?\%%?VTOV;?VK=%\%?M_?'+5?B+\%OCE\1?%'@?X4_$'5?#]C;
M2^$?$VB>(=3TR#2M1FLK>".0ZC;VL,B2%1NF^6.-$CN9%_6VOS]_9G_8L^#/
M_!0?_@E+\2OV3_COI;3:)XG^-7Q.2&^M^+G2[Q/&^LO;7UNW:6&4*X!^5P"C
MAD=U8`]XM?C+\3Y/^"M%]^SV_B^8^"XOV=;3Q%'H'V:'RUU1]>N+9KGS-GF[
MC"BIMW[,#.W.37T1-'YT31%V7<I&Y#@C/<'L:_*'_@CG\9OVH_&?_!4GQG^S
MU^W!I$P^+7P,_9_M_!'BCQ)YK26_BZWBUU[BPUN%Y#YC_:;2XA9V<`L^7(0R
M&*+]8*`/Q\^-O[?O[>O_``3^_P""CGQ8^)7B;XX:]\2OV7?A!XO\+>'_`(G>
M$M:T>TEU/PWINOZ1#=1Z[!<VELDLZ6MWE&B?>S1RHGS&0S0_H'^T!\>M?M/C
MG^RU;_"+XAVUSX4^)OQ&U*VU:XTJ2"YM=<TL>#->U*V*3`,#$9[6UG62)AN"
M+R58@^/?LI^#O!?Q0_X*9_M^_#+Q]H-EK6AZZW@+3-?T:_B$L-Y:7'A,1S02
MH>&1XW92IZAC7R=^S?H'QT_8"_X*C_LZ_P#!'GXK6_B#Q'X`\-_%#Q'XT_9Q
M^(NHHC++X5?P;XEAN=#N91CS+JQN;J%5/),4NXK!$UK'0!^R5?"G[4/QJ_:?
M^!G_``6F_91^!OAS]I_Q'?\`PX^-G_"=R^*OA_J>AZ+]CM3I&@FXM5MKF&PC
MO0OG3!V$MQ)DQ)SC(/W77Y\_\%"R/^']/_!.\9_Y8?%G_P!1F&@#]!J_-;_@
MKYXR_P""FGP1_:B\`7__``3G_:%U^_O[CP1XH\<ZU\'=9T6RU&P\50Z#>Z&9
M-*M"+4WD$EQ;ZE=+B.5F=H88XA$[^;7Z4U\L_'@@?\%?OV<<]_@Y\3?_`$K\
M)T`<+^T3_P`%*=,^._\`P13UK_@H?^Q)\1+C2+C4?#MA=Z5>BW@EN]%O#J%M
M!=V<T<J/'YT3--"^5921N0LK(Y^X*_$7_@L_\&?B#_P2TO?BIJGP;\)ZA?\`
M[.?[6U];+XKT6RO,P>`OB"+RWF74HXG($=IJ,<#)*%Z2)]Y5AM;>3]NJ`/B+
M_@LW^WE\</V9!\%/V3_V3-9L='^+'[1OQ)A\*>&_%&I:.NH0^&=/#PI?:N+9
MSLN)+?[5;,L<@,9#.S`[0K;7QW_89_;Z\+?#=_%?[$G_``4R\?W/Q/L;NVFM
M;7XS/I%YX9UN/[5&]S!>P6FCB2V5H1(JM9B)E)`&W.Y?)_\`@X+_`&=?C;J$
M_P"SO_P45_9\^&6N>.-<_9D^*\.OZYX+\-P&2_U30+F6U-^+=%#,\@^QP*0J
MMB.660\1G/%_\%?O^"@?_!(?]N7_`())?$W5=`_:5^"WBKQ-+\/;^[\!Z!XC
MUS3HO$>GZCM!58+"[9;RUN]\:C8$5V*C@@C(!^H/AB3Q)+X;T^7QG:6,&L-8
MQ'58-,N'EMH[G8/-6)W1&>,/N"LRJQ7!*@\"]7@G_!*FSN]/_P""7G[-UA?V
MLD$\'P$\'QS0S(5>-UT2T!5@>00000>E>]T`%>#_`/!36]^(?A;]@_XL?%7X
M2?%W7_!7B?P/\.M<\1Z#K6@"V=A=V6GSW$22Q74,L4L+/&H="H)4G:R-AA[Q
M7A7_``5#DCA_X)G?M$S32*B)\"O%Q9F.``-&N\DF@#YF_9&T#XZ_%_\`X);^
M`_VS?CO_`,%6OC!X4UGQ/\,K37M:UPVWAA+"PN[F$.I2W.BDN@D=%2(,7DRJ
M@L[`G[T^&^F>,]$^'>@Z-\1_$=OK'B*TT6UAU[5[2U\B*^O4A59YTC_Y9J\@
M9@O\(8#M7Y$?\$\M"_X-V/%?_!+SX0Z3^T)XV_9/\-?$8_#G29?$7B!M9\,:
M;XLT[58HTD-PUP2+J.\25`QWY9B"'#AF4_K#^SU\:_"O[2GP"\#_`+1G@73]
M0M-$\?\`@_3/$FC6NK1)'=0VM]:QW423+&[HLH250P5W4,"`S#D@'QM_P<5_
M'G]J?]CO_@GIXE_:]_93_:B\2>!M>\,76F6:Z18Z%HE[8:@MW?PVTDDWVZPG
MG614E.TPS1@%02IK[YK\Y/\`@ZY_Y0C?$W_L.>'/_3S:5]#^+/\`@K[_`,$V
MM&ATJT\#_MH_"_QUK6N>*M%T#2/"W@3XC:/J>J7EUJ6I6VGQ-';176]TC>Y6
M64KDI#%(^#MP0#Z4K\_[']H3]JGX>_\`!PKI7[#^J_M.^(_%'PO\0?L\7?CP
M>&=>T/1(_P"S]1?6+FT2*"XLM/MYVMXXH%"+-)*^68L[\8_0"ORM_:B^/'P.
M_9U_X.E_`_Q!_:"^,OA3P+H#?L9M:+KGC'Q#;:99F=_$.HE(O.N71-[!6(7.
M3M..E`'ZI5B_$/PMKGC7P7?^%O#7Q(UKPA?7D02W\2>'8+&6]L2&!WQ+?VUS
M;DD`K^\AD&&.`#@CROX&?\%$OV0OVG_CQJ?P!_9J^-OASXA7^B^$8?$&L:UX
M)U^SU33+.&6Z>VBMWN+:5U%PS1NYBZJ@5FQO3=[=0!\1_P#!!+]IW]HW]JS]
MD/Q?XX_:@^+ESXV\1Z)\9O$7AZWURZT>QL7>RLGABA4PV4,,*G&YB0F26.2:
M^T/$>OZ3X4\/7_BG7KH06.FV<MU>SD$^7%&A=VP.3A037YZ?\&RLT,W[$/Q)
M:&57`_:1\9Y*MGK<0D?H0?QK[X^*WP_TSXL_"[Q+\*];F,=EXFT"\TJ[D4$E
M8KB!X7(`()P'/<?44`?!_P#P3!\7_M1_\%<_V;+G]OSXS?M3>._AYX=\=>)M
M83X7?#KX97FGV5OX?T:UNGL8WN;B2SDN+Z]::UG9WED,'.4@C5M@[G_@FI^V
M?\<O%7[7_P"T3_P32_:F\:6GBWQ?\"=;TV]\-^/4LX;2[\1^'=6M_MEI]M@M
MH8K9;RVCDABEE@2*.3S4VPJ8W>3Q3_@@K^U#\#_V%?V"++_@G?\`MR?%+PS\
M'_BI\$-;UZS\3^'OB)XCMM)-[9SZK=W\.JV;W3QK=6+I=;5N(BR'RRV=KH3J
M_P#!)3P-=?M(_P#!5K]K7_@K+X6\-ZI;?#3Q]_8/A+X5Z]J5D]NGB>VT^PM8
M+[4;57VF6S:6S@,,X4I)O=58-%(H`/O[X_>'/BIXP^!/C3PC\"_&UOX:\;:K
MX3U&S\'^)+N$2Q:3JDMM(EK=NA1PZQ3,DA4JP;9@@YK\^_V\F_:W_9?_`&Q_
MV3_V>_`'_!1[XRW6B_&?QSJFB^,[G5K?PQ)=&"VLX98W@9-%187+LVX[2""0
M`O&/TRK\Z/\`@L)-#'_P5`_X)ZQR2JK-\7/$!52V"?\`B7VX_F0/Q%`'UQ^S
MK\"_CW\%_B7XQE^(7[5/B;XD^#M6TO2&\*VWC*#3AJ.CWT;WPU`;["QM4>"5
M'L"F\.X>.89"[<[/[47PV^-OQ:^&]KX'^!/QQNOAUJ%SXBT^36/%.F6=O/?P
M:5'<+)=Q6@N89H%N)8U,2O+$Z*')VD@5Z-10!^:%U=_M80_\%P+;_@G0G_!1
M#XQ?\(#+^S0?'S7!B\-_VC_:W]N-8[?._L;;Y'D@?N]F[?\`-OQ\M?<W[+_P
MN^-7P@\$ZMX/^-WQ[U'XCW(\3WEQH'B+6K2UAOETIRIM[>Y%I;P0M+'\ZETC
M4,,'KD#XPO\`_E:ULO\`LQD_^I5)7Z,4`%%%%`'AO[6?_)?/V8?^RY:A_P"H
M'XMKW*O#?VL_^2^?LP_]ERU#_P!0/Q;7N5`!117F7[:/@?PW\1_V2/B3X-\8
M6D]SIEWX+U$WEK!?36_VA4@>3RG:%T9XG*!9(B2DL;/'(KQNZ,`>FU7EU?28
M-6@T";5+=+ZYMY;BVLFG432PQ-&LDBIG<RHTL09@,*94!QN&?E+P3X&TA?VV
M?@7XRL9;RVUC6OV4_%EG=:FMT\K0I%?^"S%Y4<V^&(AII&(5`';!</@8^9='
M\1?&7_AG7X*?$#X8?MC^(3XO\&_L8_$+4=9\426FCZCJFGZU81>#3+HURDMD
MT*^5=QL+A)XS>!XBC2ABY`!^H^JZKI>A:7<ZYKFI6]G96=N\]Y>7<RQQ01(I
M9Y'=B`JJH)+$@``DU4\*>-/!WCS2EUWP/XLTS6;%TB=+S2K^.XB9988YXF#Q
MD@AX9HI5.?F25&&0P)\5_P""@VFZAXW_`&.+JWMO%&H:*U]KGAHW$^E06DKL
MDFLV*O&5NX)XF0ASD,AR!@\$@^!R_%/Q#\)?VL_B?\.O&_[2EW\,/`NK_$74
M+CQ#\7;M]&M99M9L_`?@6.PL))M0M)+&-KB&?5+XA84+-HX5=L0EB<`^^:*_
M/KX1?MO_`+5WC*#PGKWQ:\8OX6^*M[XA^&5DG[/PT>TLUUG2=9TS19_$&J"T
MNH7U1OL<E_XA<R0W"Q0?\(P%D4B&^\_WO_@FC\7O&OQ/_9H\)ZW\<?V@AXQ^
M(7BGPK8^+=4TRYL-/L9M(L+M/)@CCM;2*-EMR]M.1--O:2?[259(U2"$`^BJ
M*^"?^"F'@WQ1I?Q[\:>+/@KI_B23QIKG[&7Q%BCD\-WEW+J<OV>]\/"&+3D1
MR8KD++.85@"LT\N[EVS7F7Q/\/\`[&/C3QOXETOX-?$GX"Z'^SI%XF\%3Z?=
M:_X7@USX<R>+SIGB47UO-!:SP6*$V9\-R#?<01&Y%J`[7,T<<@!^H=5Y]6TJ
MUU&WT>YU.WCN[M)'M;6291),J8WE%)RP7<N2.FX9ZU^46O\`CSX4^./"&H>-
M?$O@3PGX0^)L_P`._`2?LG:#I$*V\,3PZG=06Q\,(%1A9SWL<<LZP*K-IMQ8
MB\46YB6OKG_@JYXB^(OPM\$?#?X]_"2$_P#"0^&O'MQINFNED9S+>:UH.JZ)
MI5LRC_EE)KM_H@<G@!0QX4T`?3>D^,/".OI92:%XITZ]74;:2XT]K2^CD%U#
M&R+))'M)WHK2("RY`+J#U%:-?EG%_;?[&GBWQ]\&_P!GBWNO#ME^RQI]MHVG
M:U>V+SPV'@[QUXJT/4[W5$\Q)(_*TFRTW5E#,CQPKI^^2-HP4;UVR_:G^)W@
MKXJ_"[0]>_;\\+_$W0_&EQ'I]II_PLUOP\^NS2WGB#4;:VU!K)[.4ZIIL$!M
M[6XN;-[9K8Z1>7+Q3H\PM`#[OKG_`(<?%GX5_&/0Y/$_PB^)GA_Q5IL5PUO+
MJ'AO68+Z!)E^]&9(790P[KG(KQ'_`(),ZIJFJ?L#?#__`(23XOZKXRUJUTE+
M7Q#=:[=6LM[INH1`)<6%P;>&(K-%(&#I,#.KEA(Q(P/C#]F_0OCA^SM^Q?\`
MLF_M7ZA^T-X6\*Z3XU^$G@'P+XA\66'A%-)@\,>&U\-WNH6<NJW]Y-?03ROJ
MBZ9IT5S+#%%%_:=RD4:2WJO&`?J[5>75]*AU6'0IM3MTOKFWEN+>R:91++%&
MT:R2*F<LJ-+$&8#"F1`<;AGX;\:?'S]J[PEJNB^++?\`:VL_$.F^';[X+Z5=
MCPUX<TP:1XPE\2^(+;2=7U!Y&AEE6"6"X6XM$M9XA%)R[SQL(QX[XJ_:P^-T
MOCS0OCMI'QK_`+7\?:=\#?&3^-M$&CVEPWPK$_C'PC#JT:I:VI:5].LEN'$%
MQ'<2[M)5Y%F\XAP#]3JYWQ]\7_A+\*9-,A^*/Q1\.^&GUJ\%IHZ:_K<%F;^X
M)4"&$3.OFR$LH"KDY8<<U\Q_!/XH_&KQ_P#'?X1^`]-_;ATKQQX3U?POX\\3
M7WB'P%:Z/=PZZFGZSX=AL;">[6W>,I!%JEY`[VRV\D@6,LPD1G>M_P`%#_BG
MX2_97^)=Y^U-X#^-7@&Y^(UG\-_L%W\"_&=_;M>^/])CO)9[>RT=`_VNUU*>
MY::VA>**XANY7B@EMY7CMY;<`^QZ*^&?^$Q^+4'QV^)OP@^''[8VO:;K?B']
MIK3](U*&2QT6^O/#&D7'@^.^0VEO)9XA\SRPL,ERLZ9M4<K,?M(GY#6_VROV
MK=*^'?Q$^(3_`+6GA2VUKPSXP_LSQQ\.7TVRFU3X>:4WC>TLIM:DC$"RVUG:
M:!)=W3W5W'<P31?9KY2L*N+@`_16JUWK&D6%[:Z;?:I;0W-](R6-O-.JO<,J
M%V5%)RY"JS$#.`">@KXD\,?%B;PK^U%\$?BG\9?^"A&CZ_X8E^$?Q1NKGQ%I
M.J:/!X=UF.TUO0YH4DE6'9+/;6)E666)XR3I4TJI`C74;^V_M]1II?P-TC]I
M_P`/M'-=?!GQ19>/K>YC0S?\2JWCEM]:,2+_`*Z630KS5XHE'666,C)`H`]O
ML]6TK4+J[L;#4[>>>PF$-]##,K-;R&-9`D@!RC%'1P#@[74]"#5BOS8U+]JC
MQ/\`"CQ!X.\1^'_C)J>@>*/C9X_T#QQ<:,VFZ39V^OZ)KGBW3])L(94O89KZ
M\OK?P]#86DT-DL:VBQR3W,\3269/3ZM^TK^W-H'@;QK\6O#GQ;O_`!3K%S'\
M;K'P5X!M/!-G<6T$WAW6KZWT1HX[>!;V]O`MHD103>7.D@3RC+BX(!^@%%?!
M_B[]J/5=)UO1X=)_X*I:7J'PH\0^&O%VL:5\9=-M/#<QM=4LH-`%CH4UW';O
M87<I6YUJ_$,4$%S-%"B`,MI/)/;^''[=?QF\3?%O3/@/\5_'D/A+X@>)?BGH
M<*^`(=/MAJ6E^'KKX>V6H74R0RQ/)]DCUPWT0O90R?:8C:F0D"&@#[EHK\]]
M<_;9_:YF\(Z#X@\7?%+3O!.B>'O&VD?#;XS^+[SPTEE9Z/X@M;+5Y=6U6.:Z
MBE2WTV[OU\.VEM<R(\:QZC,"%=HYX?8OV?/C!\1[?XQPP?'/]LW1=>\.:5\-
M_!=IIMWI&GZ99Z7XPU_67O(SJ"RA'D?SS;VOV:&VF2/=/,2LH>%80#Z&\;_%
MGX5_#.]TK3?B/\3/#_A^YUVZ-MHEOK>LP6CZA.`"8H%E=3*X!!VID\CBI/$G
MQ-^&_@WQ'HW@[Q?\0=#TK5_$<TD7A[2M2U:&"YU22,*72WB=@T[*&4D("1N&
M>HKXJ_X*SZKIMA^TA\-=&U?]I#X4_"JV\2?!#XEZ#-XH^,F@QZCI$Z7=UX55
M[%()=0LD>YD17=`[S*4@F!MI024R?V9->_9UGTOQ+\/_`/@H'X?M?`=Y\5?`
M7P^N?!?A+XK:^T&K?V%#H5BL&BQW5P()[C4=.U[^UI76)5N8+F_@G*Q/=0Y`
M/T'K#\"_$[X:_%"TO;_X9_$+0_$4&FZA)8ZC-H6K0W:6MTF-\$AB9@DBY&4;
M##(R.:\I_;8U76OC9_P3O^,S?LQ:T_B/6=5^&'B>P\+R>$;_`,R>\U%+2ZM_
ML]K-"WRW'VA&A5E.4E'JN*\8^*O[3_[".DZ)X;^*W[)G[2GACP]>ZY=>'/!&
MIZW\/M8T:*+3-)C@U>YTK3]1^WB2TT6V21+U$>:V:X#&2TMX_/G10`?;-%?G
ME\.?VL?VQOBKX+^'?Q4N_CO/HL3?!/X$^*=:T33O#>G>5K&J>)M>O;365N&N
M+5I(H)+>&-52!H7C;YE9,$-EZS_P49^+$_COQMH?PS^/VHZCI$5_>V_B*^UJ
MST1+GX?VEOX]TW1+[4%@@MV6P6RTN_OKK;JCW$@CTZVGNK>V_P!(BF`/T:LM
M4TS4GN(].U&"X:UG,%TL$RN890`Q1\'Y6PRG!YPP]:+K5=,LKNVT^]U*"&>]
M=DLX)9E5YV52[*@)RQ"J6(&<`$]!7Y8?%;]M[Q)^SA\"OB-XI^$_[8-W=:S=
M:]\3O$/A/Q'-I6A6]AXJNM(LM,>U@GEFMRMPW[Q88K73H5FU##S))#'$[G[@
M_P""A<%WX6^!MC^TKHUIYNH_!/Q39^.T98#,ZZ;:K+;ZVL48!,DTFA7>KPQ*
M.?-ECQD@"@#VVSUC2-1N[O3]/U2VGGT^98;^"&=6>VD:-9%20`Y1BCHX!P2K
MJ>A%<XGQY^!LOQ4?X%Q_&?PFWC>./S)/!R^(K8ZJJ>4)MQM-_G`>41)G;]PA
MNAS7YD_M01Z!JEIX=^.?QUE^%5MX3^+7@3XB?$!)OC)I5P^B:O?S3Z!#H=C)
M"MQ`;;6SX7@AM+>YB+W4"0:FT<$X:51]!_L$_'O0]2_;7^.O@+Q%\6_!?A37
MO$OQ&TC5H_@WXE=#XP+O\.?",CR(QO@S1Q".2.3%K)EK:8F7@[0#[?KF](^,
M?PB\0?$/4/A%H/Q4\-WWBS2;;[1JGABSURWEU&SAS&/,EME<RQIF6+YF4#]X
MG]X9^2/^"F-U^S);?&KP)J#W^@'XTZ?XY^'=QIMA>^<=>N=!_P"$J^>+P^9&
M\N.9W6Y%[]G1FELT,5V8XFMIHJ?PA^(_[-G@CXJ>,?V1+GXM_"3XP_!B^T7Q
MIXH\0JBVE_>>`XVU07NJV7B"199K>\M;BYO;K9)-';W"FQ*3+?OY]U$`?<]%
M?.G_``2]^!WAOX1?LQ#QQHGPATOP%<_%;7[GQU?^#='T*+2X=$COHX4T_3WM
M(42*"XMM+M].M;C8H$ES;SRG<TK,2@#Z+HHHH`****`"BBB@`HHHH`****`"
MBBB@`HHHH`****`"BBB@`JJFA:)'JSZ]'HUHM](FR2]6W42LN`,%\9(P!QGL
M/2K5%`!1110`4444`%%%%`!1110`4444`%%%%`!1110!6U+1=&UD0C6-)MKO
M[/,)8/M,"R>7(.CKN!PP]1S5FBB@`HHHH`****`"BBB@`HHHH`\-_:S_`.2^
M?LP_]ERU#_U`_%M>Y5X;^UG_`,E\_9A_[+EJ'_J!^+:]RH`****`"C`]***`
M"@@'@C-%%`!@9SCGUK(L_`7@[3_'FH_$^R\/6\?B#5](LM+U+5E7]]<6=I+=
M2VT#'^[')>W;*/6=ZUZ*`"C`'0444`%%%%`!1@9W8Y'>BB@`P!T'6BBB@`HH
MHH`****`#`SNQR>]&!G=CD]Z**`,KQSX'\)?$SP3J_PX\>Z!;:KH6OZ7<:;K
M.EW:;HKNTGB:*:%QW5XW92/1C6K110`4444`&`.`****`"LKQ5X(\)^.(K"#
MQ=H-OJ":9JMOJ5@MPF1!=P-OAF7_`&D;D'L:U:*`"@@'DCITHHH`RO!'@?PC
M\-_#%KX+\">'[;2]*LM_V6QM$VQQ[W:1\#U+LS'U+$UJT44`%%%%`!1110`4
M444`%``!)`Z]:**`"BBB@`HKY[_:T_:B^+/@;]H3X4?L=?L\Z1H47C3XJV^N
MZD?%?BVQDO=+\.Z5I$5L]S/)9P7-M->S2RWEM#%"DT0&^21Y`(@DGH?P`?\`
M:C@L=<T7]J+_`(0>]O+'5MGA_P`1>!;>[LX-7L6B1A)-874L[V4J2%XR@N;A
M7"!PR[MB@'H-%?-G[7W[9'B[]E;]J[X"^!_$7B?P+I?PU^*&NZSI/BO5/$RR
M6MUI4MGH>H:C#-%=M<I;JDLMO!"5DCR/F`9C*OEV_P!F7]M^P_:5_;0^-'P'
M\"^)?!^O^#?ASX4\':AHGB#POJ*WDES=:J=8^U1S31S/$0@L(-BJJLN]RQ;<
MNT`^B**XG]I/XPZ+^SY^S[XT^./B'5TL;3PGX9O-4DN&TUKTYAA9U1+9986N
M9&8*B0K(C2NRHK`L#7EW_!.+]K#XO?M,?"[Q'X6_:E\`Z/X0^,WPT\77/AOX
MH>%-!G9[*VN=D=W97=H7D>1[2YL+FTGCD<\LTB]8S0!]#T5\X_\`!5[]JOXN
M?L1?L0^)_P!J+X--X5?4_#&H:2DUMXPTR>YLY8+S4[6Q<DP75NT107/F[BS#
M$94@9W#`_9,_;E^(GQF_;+\7?LO2Z[X&^)_A30O`=KXAB^,GPHM'AT;3]1DO
MI;5_#EXIOKY!J`CC6Z&V=6\EOFB3Y6<`^K:*X[XQ67[0&H6^@VG[/_B7P?I$
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M.`>X45\[_P#!27]I;XM_LH?"/PM\4/AAXI\$Z3;ZA\3?#?AGQ!>>.=$GN[6U
MM-6U6UT]KP/%?6@B%N+AIVWL5=8]I,>=XR_V#_VTO'O[2_QD^+/PGU?5/!?C
MCPY\/Y=';0/C)\,[6X@T'7GOH9I9M-5)9[J/[79".'S6M[NX1ENXBZVS_NB`
M?3E%?.__``4F_:6^+7[)_P`(?"_Q2^&/BKP3I-O?_$SPWX:\07GCG1)[NUM+
M35M5M=/:\WQ7]H(1;BX:=M[%76/:3'G>.A_9-^-OB7XUZUXRN%_:'^$WQ+\.
M:%>6>G6>M_"^SGMVLM3\IIKRRNU:]O8F*0RV$J/',&_TB1'B3RU>0`]GHKYI
M_P""DG[3WQ^_9?T_X0W'P*N/!P?XB?&W0/`>J?\`"6^'[N^%M%JDKQB[B%O>
MVWS1;"?+;(DW8W)C)N_"3]JWXN:3^V_J7[`W[1OAS0[O6IOAJOCGP7X]\(6D
MUGI^M6$=ZEC?6D]C<33R65U;SS6Q7;<7"3Q7`?,+(T9`/HFBBB@`HKX^_9>_
MX*+?$3XH?MU^*_V;OBKX>\.VW@;Q&-;F_9[\9:9$UK+XE'A_4/[-\0V=Q%-=
M2%[BWNG0PO"JI<6T4EP`JD*OUUJNIV.BZ9<ZSJ<_E6UI`\UQ+M)V(JEF.`"3
M@`].:`)Z*^0_V5OVC_\`@H1^UQ\&O`7[9OP]T?X46/@/Q[>6^HVGPRUO2M0B
MUNU\.33E4NFUN*]DMVO/LVRY^S?V>(]S&#S\CSC]:ZIJ5EHVFW&L:E/Y5M:0
M/-<2;2=B*I9C@9)P`>E`$]%?(?[*W[2'_!0C]K?X,^`/VS?A_HWPGLO`GCVZ
MM]1M_ACK.F:A%K=IX=GG98[HZW%>2V[WGV?9<FU_L]4W,8//!7SC]:ZGJ-EH
M^FW&K:C-Y=O:P/-/)M)VHH+,<#).`#TH`GHKX&G_`."E_P"U7H7_``3YLO\`
M@KIXE\->"#\*KFPMO$-U\*++P_<GQ';>&Y[Y8%N!K+:E]EENUM9$O3;_`&%%
M+!K429Q<U]\T`%%>`?L'?M)?%[]H'4?C9X6^,L/ALW_PK^-=YX+T^^\,:9<6
M<-_:0Z1I5ZL\D4]Q.R2E[^4$!]H54')!9NO_`&(OC7XI_:4_8O\`A#^T9XYT
M_3[36_'_`,+]`\2:Q:Z3$\=K#=7VG074J0K([NL0>5@H9V8*`"S'D@'J%%?'
M7B__`(*%?&;X'?\`!12Y_9^^-OA'P]<_!O4[G1]$TOQ[H>GW$%[X<\0ZJL[Z
M;:ZJLEQ(CVET;=[:.[B5`MW)!%)&BS(Y]Z_9=^-7B+XY>%_%6N>)=*LK230?
MB7XD\.6J6(<+);:=J<]I%(V]C^\9(E9L8&XG``XH`]+HKY._X*B_M/?MB_L5
M_`;Q[^U5\*KKX:W'A3PCHNB_V9H'B'PWJ%W?ZA?W.J"TNFDN(;^WC@A2.>V:
M-1%(S,LNYE!4#W[X/6?[0NGMK]I\??$O@W5PNK*?#%_X0T*ZTW=8FVAW+<P7
M%U=8F%Q]H`9)=K1^7\JL&R`=G17R_P#\%/OVQ_CW^R7X%\.S_LL?#W1O''C>
M_DU/5[GP-J-E<2S7WA[2;&2]U2>%[>57@<!;>UBD,4ZM=ZE91,@$I=?H'X5?
M$[P3\:_A?X<^,GPUUI=2\.^+-"M-9T'4$0J+FRN84FAE`8`C=&ZG!`(SS0!O
MT5\??M^?M_\`QN_8;_:9^'B77@S1/$/P<U7POK?B#XHW-CH5Z^N>%-'TZ]T6
MQGU>-H9I$N[:&77+>XN$%NKQ6MK<R!GVX'L'P._:3U;XN_M,?%CX016^D2Z!
MX&L_#5SX?U?39&D>_CU*QEN7=WW%'4%%V%``5/.>#0![#17C7[9'CC]I_P"%
M_@34_BG\"M7\"6FA^%/`NOZWXC7Q9H-[J%U=W=K##+96ULEO=VRQ1.JWOFRN
MSLI6`+&VYV7%_8`^+G[4W[0WP+\`?M'?&S5?`,NA?$?X5:!XFL-,\*^';VPN
MM(O[VU2ZFMI'N+VY2ZA"3(J2*L+`Q,65@XV`'O\`17S!_P`%&?VVO&W['^N?
M#'2++4/"_@OPIXXUV\T_Q3\:?'^D7.H>'_!KQP*UG#>0V]S:E3>SOY23RW,$
M$7E.79BR(WN'P&U+QSK7PET77/B+\3?"'C/4K^W:Z'BGP%HLNGZ1J5M([/;R
MVT$M[>LJF!H@6^TRAV!=2JL$4`Z^BBB@#PW]K/\`Y+Y^S#_V7+4/_4#\6U[E
M7AO[6?\`R7S]F'_LN6H?^H'XMKW*@`HHKR+]LS]H7Q%^SC\//#_B/PM!X?%W
MX@\=Z1X=%[XIOGM["P6\N!&UQ*R<G:,X7*Y8@;A0!Z[17R%\!/\`@K5\-?B!
M=A?C!IVF>&K>6QG>TO/#=[=^(+6Y^S>)M:T&XU)9K:T'EZ.#IEM<?VE,D5O$
MFHP^<\>Y&?V[4?VROV;](\2ZSX6U3XAO;RZ%;ZE+?7\VB7JZ?(VGQ>;?06]\
M8?LUW<6Z+(9;>"22:,P3AD!@E"`'I]%>/:!^WK^RQXK\,W7BSPQ\0-0U&WM]
M9ATRUM;'PCJLM[JTLUNUU!+IUHML;C5+:6VCFN([NTCFMY8+>>5)&C@E9.U^
M&_QR^%GQ>>W/PT\5+K$%YX6TSQ'9WUI9S?9;C3-0-P+2>.<H(I-_V68^6K%T
M"J750Z%@#K**^2O"?_!46?QMX'F^)OA;X'V.IZ%K=QH=M\/9=+^(=C/=W<NM
M:E;66CG5[0()M(CNX[R'48WC6\(L(YY'5)TCM9=WQ3_P4@T3X<?!?5?%_P`1
M_A3=0^.=!^(+^#-7\!:%JPOA_:,<,=[+-#>-%$KVBZ7(NI&:2.)_)_=F(7!6
MW(!],451\47'B:T\-:A=>"](L=0UB*QE?2;#5-1>SMKFY"$Q1RSQPS/#&S[0
MTBQ2E02P1R-I^9K/_@H?\2]'\(7OBCQ]^R[$T.G_`!\T7X8W6J^#O'4>HZ4L
ME]J.E:9)J"W%U:V<TL=O?ZF]D\4=NSBXL+E"55?,H`^IZ*\KU']JKPU#^USI
M7[).B^&[O4+VX\,W>JZYKT4@6TTB5#";>Q8D?O;B:)Y9C&A+01I"\H47=N9)
M?VIOC?\`$GX#>!6\<>`OA#IOB2TL;6[O_$6I>(/&]MH.FZ196T#2L\MQ*DKF
M60@)&HB\K.XRS0*`S`'I]%?.FF?M^-XV^,?A_P"&'PR^$(NDOK+1;C7[;Q/X
MJMM$URS?48$NFMK73+A2UY<6%G+#>W\32P-#;SIY'VN8FW'%Z)_P5:FN_!GA
M7QOKO[.]Q9V_Q:\,:3XA^!MM;^)EGFU_3]1UG1M(@;4Q]G5=(>.?Q%HTLR(U
MYL@N960S20/#0!]?T5YU^SC\=K_XVZ1XETSQ;X+C\-^+?`WBN;PYXST"WU7[
M?!9WRVUM>1-!<^5$9X9K*]L[F-VCC?9<JKQQNK(MS]I_XO7O[/G[-/Q#^/>F
M^'TU:X\$>!M7U^WTJ2<Q+>O9V<MPL)<*Q0.8PNX*2,YP>E`'<T5\^?##]O#X
M61>$]+O?C#\</`FLW^M7[):7OPMBO=7TRRA!LHB;VX@69+()->Q!IKAXH@LJ
M,2`&([NX_:Y_9Z@BUAXOB`;F30++6+K6;2PTB[N;BTBTN\%G>;X8HFD#+.=J
M)MW3@,T(D168`'I%%>&_M<_MDW/[.'B;P[\./"'@31]?\3^(]&U/5[2U\2>-
M;?P]I_V2QFL;=X?ML\<B_;)[G4[*"V@9525GD+2Q+&6.9H7[=>H:Q\7[+P[<
M_!>6R\#:C\1)?`%KXMN/$,37H\116$MU,CV,<;(+))8)K#[0MRTIO$P+<VY%
MV0#Z%HKR[]F;]J?PG^U)<^/;KP-HEU#I/@SQLWA^PUBX;]WKL:Z?97?V^W&`
M?LSM=LD4G*SQQ+/&S131L<C]H#]HKXT?!3XL>!/"6D?!?PQKWA_QYXST_P`-
MZ;=CQ[<6VL&XE2>YO)([$Z8]N\=K86EY>-NO(V>.UD51YA1'`/:**\*\"_MS
M:%JWP>^(/Q<^)_PJUOP>_@#QK/X:G\,W5]9WNHZA>D6HLK:`6TK0R7=W)>VL
M$5NDK[IYDB#L6%=]^S-\91^T9^S?\/OVA!X:;11X[\$:3XB&CO>K<FP^VV<5
MSY!E4!92GF[-X`#;<@#-`';T5\Q:C_P40\3>!1XQT3XQ?LWW&A>(]!TSPM=Z
M)X=T[Q?:ZB]S<>(M4?2=*TN_G15@TZ_-ZL:3*'N+5$F$L5U<JDA2AXH_X*0^
M*?#W@[PL;?X/^"[GQ-XHM=:U+3V_X7+8IX7O]*TVXL+9[JSUSR")I)[C5;"V
M@@FM[=WGDE#^5'%YS@'U917SIX3_`&_)/$'QNTSP!J_P<DTCPWK?Q&N/A]IF
MM7?B2!M23Q+;Z)/K$\%Q8(ACCM5BM;F!9X[F6229$*P&WD6ZKZ%U`WXL)SI:
M0M="%OLRW#$1F3!VAB`2%SC)`)Q0!-17Q99_\%;KP^`+#XKZI\$%M_#MS^RG
M_P`+8GOFU@ADUG^SO[3_`.$<"&/_`%HLEEG+D@A%4E/F%>E?M%?\%$?A7\!_
MA-XP\3IJ-IJ/B+P7H5Q?ZE:S6][;:1.;.>"#45@U-[?[/<?99)MLRQ.[PLC)
M(J,CA0#Z)HK@_!W[2WP<\>-IEOX<U_4#=:KXAN-#CTV^\.7]I>6>H0V;WSV]
MY;SP)+8,;5!.AN5B$D<L#H6%Q"9.8^(O[?O[)?PI^(EY\)_&OQ4DB\1:?J0T
MV[TNP\.ZC>NFH/81ZA!89MK>16O+BVD5[:U!,UV5D2W25XY$4`]CHKRC1/VW
M_P!F+Q'J?A;2]$^(\MPWC+1M+U31;E/#]_\`9DMM2DEBT\W4Y@\JP>YFAE@B
MBNFBDDF0PJID^2J.D_\`!0;]CO6H=?O[3XUVD6G^&M`OM;U36KW3;NVTXV%C
M,+?4)X+R6%;>[%G.R0W8@DD:TDD1)Q$SJ"`>RT5XW;_MJ_!SQ%!I_B#PKXTM
M+;2[;Q#J6E^++?Q1HVIZ5J>GO9Z3+J4D:V5Q:I,LGD""Y`F6-9+299HFD$D7
MF.T3]OC]E3Q+X:NO%GA[XC7E[:P7>GP6<5KX4U1[G6%OU=[*YTRW%MYVJVEP
MD4[Q7=FDUO(EK<NLA6WF*`'L5%>1:;^W=^REK=GX:U/0?BNFHV?BQ[1=)O\`
M3M&O;BV3[5?MI]HUU-'"R6*W%XDEO`URT2SRQ2)&7,;A>#\,_MZ:[XCOVL+W
MPSX<T-5U73+07FL:M<>4YN/&]QX;,*^5`[>?(D*M""`AN)TCD9(]TJ@'TS17
M@_Q5_P""C7[-'PR^&_Q$^(%OK.L:[+\.?">N>(+S1]+\.7HFUBVTE_)O_P"S
MI)84BOU@N#%!/+`[Q6SSQ>>\0=2>A^'G[8/PY^)?[26N_LR:%X6\86^KZ#X%
MT/Q3-J&K>#=0LK22VU.;48HHB]Q`GE2I_9[EEDV9+E%W207"1`'J]%>/0?M[
M?LIW4VM6UG\2[F>;0Y88Y8(/#.I/)J)EOI+",Z<BVY;55-U$\.ZR$ZA@`2-R
MYC\1?\%!?V0/">@:3XG\0?&.*WL]7M+J[5SHU\SZ=:VEXMCJ%SJ$:P%]+@L;
MIA!>S7@ACL),K=-`00`#V6BN1^#OQS^&GQZT34==^&FKWLZ:/J\FEZO9ZKH=
MYIEY87:1QR^5/:WL44\):&:"="Z`2PW$,R%HY4=B@#S7]K;]D3Q1\9OBO\,O
MVH?@KX]LO#GQ+^$=SJ@\.RZW9376E:MIVI6Z0W^FWL,,L3[)/)MY(YU):"6!
M'"2+OC?TWX57GQQU#3[B[^-_AWPII-TWE"TL/"FLW.H1IA/WK/<7%M;%LO\`
M=41+M4<EB>.KHH`\:_:!_9BU[XR?M-_`3X\:9XHL[*S^$'BK6]6U+3YX7:74
M$OM`OM+1(F'"%7NUD.[JJ$#FCX5_LR>(/A]^VY\8/VJ;WQ5:76G?$KPGX0TF
MPTF.%UFL7T<ZOYK.Q^5ED_M&,KC!&QLCH3[+10!Y-^U5^S=?_M0?\()X)UKQ
M,MIX*T7QS:>(O&FD1-+'<:VM@DEQIUM'-$RM`(M46PO6=3N/V!8_NR-CC?`_
M["UQ\%OV\W_:S^"GC>:R\/>+?AX/#GQ0\+:SJ-U>R:M=6=QYVD:G%/.TDGG0
M)/>VS*[[##.FT905]%T4`>'?\%(/V3_$G[;_`.QQXI_9F\)>,[/P_J&OWVC7
M%OJVH6KS10_8M7L[]@41@QW+:L@(/!<'G&*9\#/V4/&7[.G[5/Q"\??#7Q_9
MK\*?B9N\0:MX`N[(^=HWC!Y5%WJ%A,I`6VOHOWMQ;R!B+J,S1L/M$RU[I10`
M5X;_`,$X/V3/$'[#O['WAW]FGQ1XQL]?OM%UC7KV;5+"U>&*4:AK5]J2J$<D
MC8MVL9)/)0G@'%>Y44`>(?\`!17]E_QC^V-^R7K7P#^'_B?3='UB]\0^'=5L
M;_5TD:V5M,UVPU0QOY7S@.MF8P1G!<'M6_\`"/PY^T:?BEJ_CKXR:%\.-)LK
MO0[:SBA\'_:;J_O9HYI75[F[GAA/DQ)(RQPA&PT\S;AN"UZA10!Y%^V;^SAK
M_P"T[X!\)>$/#OB:TTJ;P[\6O"'BZ:>\A9UE@T?6[34I85"\AY$MF12>`S#/
M%8G[('[(&K_L:>./'_@KX:>(].3X-^(]9/B'P3X(CMY(Y/!VI74DDFJ6=KR8
MAITT["ZBA01B"6>X55*,@3WBB@#Q?]NW]G/Q[^TU\(-"\)?#+Q!I&G:WX<^)
MGA;Q?9/K@E^RW#:/K-KJ7V=VA!=!)]F\O>`=N[.#BMWX'^'?V@K#QQXJ\3_&
M;0?AYI5GK%OISV5GX)^T37,]]&+B.YNKRYFAA,NZW&GPQIL)C%J^78.J1^ET
M4`>`?\%"?V4/B)^U;X2^&D?PN\3:)IVK_#?XT^'?'L4/B!9OLVHKIDLDALR\
M(9H3)O`$FU]N,[&Z4_X5_LB^.!^V1J7[=7Q^^(.F:GXJ/P_'@OPGX<\,Z=-;
MZ;H&DO>K>W1=YIG>]NYYXK?=<;(%6.".-8L[Y']\HH`*YCXU:'\3/$_P?\4>
M&?@OXQM?#OB[4M`N[3PUXBOK3[1%I5])"R0WC0D$3")V63RS@/LVD@,2.GHH
M`^1?BE_P2B\!Z)\+?A)I?[(/BC4?!_B_X%^)=%U'X=:KKOB+4+ZU6TM4%G?:
M?<1O*W[B\TZ2Z@E\D1LS2(Y/RX/UO<6\%W`]K=0)+%*A22.10RNI&""#P01V
MI]%`'S!^R+^RW^U-^PU\.-._95^%?B7P1XN^&'AZ>:+P1JWB>ZOK/6]`TM[H
MRQZ?<1Q1S1:IY$<CQQSB2S)2.)71B&D;Z<NK6VO;:2RO;=)H9D*2Q2H&5U(P
M5(/!!'&*?10!\P_LD_LO_M3?L._#?3?V5/A7XC\#^+?AAX=FFA\$:OXGN[^T
MUS0=+>Z,L6GW$<<<\6J>1%(\4<XDLR4BA5XV8/(WTQJ%A9ZK83Z7J$`EM[F%
MHIXFZ.C`A@?J":FHH`^%]1_X);_';6/V![/_`()-:I\8-`D^#]LUII,_C]8I
M5\37'A2"]2X&D&R$7V1+QH(ULSJ0FV[2TPLE?"C[HHHH`^8_!G[,7[5/[.7Q
M,^-.K_LX>)/A_J6C?&7QQ_PEUI=^,A?0W7A'5I=)M-/N&:&W#IK-N6L+:=(/
M-T]UW2QF9LK(OL_[-GP2T/\`9G_9U\`_LX>&-7NM0TWX?^"M*\-Z??WX43W,
M%C:16L<LFP!=[+$&.`!DG`KM:*`/"O'W[#7P^^-GB;XV:7\>+#3_`!)X(^,W
MA31]#U/PY+`RO#':17<;OYF<K)NN$DBD3:\3Q!U(9582?\$\OV7/B9^Q_P#L
MY+\&_B_\9W^(7B`>*M:U.\\93V8@N-42[OYIXI;A1Q]H,3IYK#(:3><G.3[C
M10!X9_P4G_9-\1_MR?L5>-?V6?"7C"QT#4/%*Z>+?5]1M7FA@^SZC;7;;D0A
MCN6`J,'@L#VKW.BB@#Q.\_9"M_'G[57B3]I3XN>);F[V>'+#PY\/-/T'6+_3
MGT734?[7?R22V\Z%YKR\,/F*/W?E:58<;T8U!^P%^R7K_P"Q%\)M>_9XM_%E
MCJ7@?3O'.JWWPJL+:"5)=`\/WDWVN/2)FD9S+]FN)KJ.*3<<P>0I`*&O<Z*`
M/,?'?[/:^._VI?"'QWU:]L;C1_#_`,,?%GA/4M`O+3S?M_\`;-]X?N`YW90Q
MJFC2HZ,#N^T+V!SY7_P3I_X)TZA^P!XP^*-IIGQ;N_$?@SQ)J.EP_#?1]3,D
MMWX6T*R@D2WTAKF1F>YAM_.:&!G+.MO%"C,=@Q]144`<G\>_AS>?&'X%^-/A
M'IVJ16-QXI\)ZCI$%[-$72W>YM9(5D9006"EP2`02!6+^Q[\$M4_9H_9(^%O
M[..N:[;ZI>_#_P"'.B>&[S4[2)HXKN6QL(;5YD5LE5=HBP!Y`(!KT:B@#BOC
M&OQQ>"QB^$'A;P5KMI-YT/B'1_&.IW-DMQ"X4+Y4\%O<@8&\,CPL'##YEP=W
MG/\`P3K_`&);7]@_X*ZY\+K/Q+:7,?B+Q_K'BL:%H5BUGH?AG^T)A*=)TBU9
MW-M8PD95`0&DDFD5(1((8_>Z*`"BBB@#A?BW\%S\4O'WPO\`'`\2_8/^%;^.
MKCQ&;7[%YO\`:/FZ#J^D>1NWKY./[4\[?A\^1LVC?O3NJ**`"O.?VD_V>[']
MHS1O"N@:KK%M;6GAWQ[I7B.YM[S2A=QWR64ID^S%&=0N\X&\[MN,[6KT:B@#
MQ/X[?L>)\9[OXGWEMXVMM+;XA_!R+P':L=$$QTD+)J;M<@B5/-1OMZ`PC9_Q
M[`ESN&SSGQ]_P31\0^._#=_\*I/C5IUIX.MO%7CKQ7X3CC\+RMJ=IK7BBTUR
M"Y-U/]L$5S:P-XCU61(DAA=PUHAD0VTDEU]944`?*WQS_P"":%A\6_BG_P`+
MB@\:>'9K[3M2\-7^@^'O$_@E=1T?S-+T[6M,FBNX/M"?:(Y[37+H1[3&;:>*
M&;]^$,3?0/P[\+>,O"4-IHM_=>%[?0[+PUI]I9Z+X=\.R6:VM_'YPNGC<W#H
M+1E-NL-N(E:+RI"TLHD58NHHH`^'/"?_``1UU'P1H'@OPSX.^-?AO0[?X/Z)
M_97PBDTCX>M$\42^)M*UZ*36<7P_M%\Z3#:R>3]E:47FHS[T>\5;?K?'/_!*
M+P1\9O!/BK5OB_\`$/5!\2O%VM:QJ-UXQ\&:WK.@VUF-073(&LUM;#48FN(%
MM-$TF)A/*_F2VAG"Q>9Y2_6U%`')^"?"7Q$\(>$M3\+3>,],O1;,8/!=Q<:?
M>S2V5DEM%'`FH37-]--J=P)5D>2Y\R%I5=05#JTK^8_\,-Z=;?LB>"?V6=/^
M(LOG^%O&7A/Q/K'BNZTM7GU_4]*\2V/B&_NYXUD4+/J-W:W#RR!B$DO7DVOM
MV-[U10!\Z>-O^"=G@B7]HH?M5_![QQKOAKQD?[7O[A+_`,7>(KW2+[6;JTM;
M:WO+G38M6M[>6&);2%9+9519XXXX]T?E1LO=?M%?"/XQ_%_X<P^!O"WC?P)'
M'?:9<V'BS2_&OP^DUG2=62:#8'^S+?0/'Y<P$HC:5UDCWQ-M9TN(O4:*`/CX
M?\$L-2TCQ7:R^'?C7876E:@_PTN?&^J^*/"AU#Q'K5YX,O(;BUF_M#[2B+]I
M6WA5]\+F%FNI(R6N?W5/3O\`@E7X\3P5X#\&:I^T?IC_`/"E?!6E>&/@U?0^
M"I-\-M8:[H6KPS:RK7Q&H2/_`,(UHUO*+<V88)>RH8C=11VGV;10!YM^S?\`
M`K6O@U'XT\4>-O%MKK?BKXB^-I?$WBF^TW36L[-9_L5GIUM!;PO+*ZI%8:=8
MPLS2,99(I)<1B011Z/[3OP<F_:)_9L^(7[/UOXD71I/'7@?5O#R:N]E]I%B;
MVSEMA.8@Z>:$\W=LWINVXW+G([BB@#YP_:__`&)OBY^TRVCZ)X;_`&EW\.^'
MK7PZNFZIHEQI5[/%/,+NVF:\5+;4+:.5WB@>`I=I<H@D5XA&1,MQ:\`?L9?$
M7X1_&3XE_M%?#;XTZ(GC+XK6$Q\57&N>"WN;*2_M9?+T&X$,-[`XCLM.+64T
M*RJ;S9#.'MI%E$WT+10!X'^U]^QIK?[0_CW0/BMX)\3^$;'6]%\">*?!\EKX
MZ\#G7M.GT[75L!<R&!;JW/FQMI\(`+F.6&:Z@95\\31<5X!_X)H^(/`E_P"'
M?ALOQY-_\*O#/CEO%EGH5YH\W]O7-X^CRV4L4VJI=+D/>SSZFTR0I,TLGE[M
MNYG^L:*`/GC]F_\`8#TO]C_Q;KFJ_L\?$?4K;1O$/B>PGN]`\7:]X@UZ&RT2
MVT>UL!I]HMYJ[107/FVD4B7IC8I!BU\IDCB9/0]7^!-SXD_:ET;]HCQ'XK2Y
ML?"W@R[T?PMX;6PP+2]OKF*2^U&24R$22&&UM((0L:-"C7HWR"Z*Q^B44`>%
M)^P7\-O$EKXMT[XJ^(=:U6#Q!\6I?'FDR>'-?U/P]=:1=M80V21K=:=>132;
M420[MRJ?-'[O**U:_P"Q3^S+KO['O[/_`(,_9O3XD?\`"1Z%X,\!Z1HUI=WT
M5])?3ZC;I*M[=M/=WUR4M9<V_D62`+:+$\:R21M%'!Z]10!\B>-_^":?Q"^-
MVG>,[KX_?&[PGK6M>(]!\)VD=UI_PU-O8:I?^']9_M>TO]:L6OF745>9+>&2
MVC>W`@%S&DBBX3[/4U#_`()A^.9_'VJ_'NV^)_@"X\<^(KGQ<NKZ=KWPRDOO
M#-O:^(+'1+*XCM[`WZ2B55T"SDED><K>/=ZGNCA^VJ;;[&HH`^3OAK_P2]T'
MP!\;_AY\1;C7_"6H6/PP:Q?0]>?X?PIXQU@6GAHZ#!;ZMK8F+7L2B2>Z+"%'
M=S;1Y5+9_M'UC110!\@/_P`$F=%?X/+\*O\`A=MUE/CI)XY2\&AKY:Z.]LVD
M-X?\GS2/+/AYWTSS\YWG[1Y>?W=7+S_@F'91>'_C%\/?#FO^"K32?B==>(-3
MTGQ'+\/P_B+1=1U:\.I2K<7B7*?VE:)J4D]PL++$?),5L6(B\UOK.B@#R#X&
M_`/XL?"GQ+XC\<ZO\2_#E]J?Q"^(3>)_B%!:^%)HH'1-!L](MK33R;PM;LBZ
M98223S_:/-*W"K'")8_(RX_V,I/^%[7/QFN/B#!+%<?'-/B)_93Z)G:%\#)X
M66R\PS8+!T%Z)]O'$7EY'G5[G10!\@>&O^"97Q.\,Q_#?PLO[4QO/#'@&'PN
MW]CSZ)?QQRW.D:M+J$LL5O'J:VBM=!H(S)-!/+#]F)5W$BK#L>)/^"::Z]\.
M]%^'T7Q6LH(=+^$WC/P7</\`\(J&2[DU_4M)OGO6C^T`#RSICJT1+&8W)8NF
MPA_J>B@#YN^)7[`%[X_\7>.O%,/Q>CL_^$T\9ZEKRP'P^9#9?:_`]KX6$.[[
M0OF;&MOM>_"[@_D[1M\XX'QW_9`D\%?$CP[^U#X9\8WD6J^"['PAI_A>STCX
M=7.LPV$NF0>)["XGGL;.YCGN()['Q1=PK'"5:VDBBF)F0-&/K"B@#XM_9=_X
M)Y>//#NL>!_VC?B-8^$;CQ==^'8;/QQHGCSP1;7]U9K'KVJZS:3V,MM<F+3+
M]/[9O8[A(VNH&D,'ER;;7=<=D_\`P3DOI%1&^,\7R>)=#U;/_"-GG^SO'C^+
M#%_Q\_\`+16^Q[OX"/.PW^IKZ@HH`^1-2_X)D^+_`!%\*=8^!&N_'G34\+V_
MPA\:?#[P.;/PBXO-/L]?>`)<W<CW9%U):06T4(5!"LY+R/L+*L?I&G?L]?M"
MZ5\>];_:,T?XL^#+77?%?PY\+^&=?M+GP;=W-I#)H^K:I>//;JNH1/MGM]9O
M(0KOF&2*"4F9=\)]SHH`^9O#W[$OQG\,_"WPW\+;?XW^';R+X7>,K?6_A%J%
MUX2N$DM+2)[N%=.U-$O0MYMTZ[>T6XC\D[PMPT3%/+?.F_X)K7^J_#KQ5X0\
M2_&2SO;[QEX2\9:7K%ZWA3]PMQXBUN35IWC@-R<6\1D\A8"Q,B(K/(7+%OJJ
MB@#A?A'\%Y/A;X_^*/CA_$POQ\2/'5OXC2U%EY7]FB+0-(TC[.6WMYV3I9FW
/X3'G[-I\O>Y7=44`?__9
`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
