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Gold/Mining/Energy : Cosigo Resources symbol CSG.v

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Dec 5 9:30 AM EST

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From: 3bar	7/13/2012 2:30:30 PM
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Just got off the phone with Barry . Did not write it down so it will be impressions from my memory . Good news . 1. We are almost assured to have the permit . 2. Senators from Brazil came to Canada for a first hand look at Reserves with development . Again we tried to show them our best . This was not a Cosigo sponsored project but some thing the Brazil Govt wanted to do . I think PDAC handled it . 3. The Brazil side as shown in the slide 3/4 down the page of the Corporate Presentation is a large structure . Aprox the large red oval . Same rocks as Machado , no MMI but will use channel samples and some soil samples . They think there is no need to spend the $ on a blanket MMI . Just use what info we learned from across the river . 4. Hold up was from the Environment Ministry . They went directly to the Minister of Mines and he now has the binder and the ball is rolling . Bad news 1. Hurry up and wait is still in play . End of July is the date for news . 2. Probably Oct before drills turn . Cheers !

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