LookingForward

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Looking Forward

Production in 2010 is expected to yield 95,000 – 105,000 ounces of gold and 1.4 – 1.6 million ounces of silver. Total cash cost net of by-product sales is forecast to be $390 to $410 per ounce sold in 2010.

The company’s Cerro San Pedro Sulfide project (“CSP Sulfide”), though still in its early stages, offers the potential to extend the life of the Cerro San Pedro mine through the development of a gold-silver-zinc-lead sulfide mineral resource amenable to a combination of open pit and underground mining and sulfide flotation process methods. Exploration is currently focusing on the portion of the sulfide zone as it extends from beneath the gold-silver oxide pit toward the area of historic underground mining 500 meters to the south.

Our commitment to operating in a socially responsible and sustainable manner is unwavering. We will continue to seek excellence in the management of health and safety, environment and sustainability, and consider this to be a key driver to achieve a productive and profitable business, while contributing in a meaningful way to the sustainable development of the communities in which we operate.