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MIDROC Gold Mine Pvt. Ltd. Co. (MGOLD)

FUTURE GROWTH STRATEGIES

The company's 5-Year Strategic Exploration Plan has already been put in place and is being implemented. If the exploration programs are proven successful, the strategic plan envisages development of two new mining operations each with a mine life of around 10 years, commencing in the year 2010/11. The underground mine resources are planned to be developed and mined between 2007/08 and 2018.

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