Big cost reduction forcastedJan to Sept 2009 production of 57,812 oz at cash
cost of US$616/oz
? 2009E production of 85,530oz at cash costs of
US$552/oz
? 2010E budgeted production of 120,000 oz at
cash costs of US$401/oz
? Oxides represent only 10% of the ore (remaining
90% are sulphide), Oxide recovery rate of 45%
achieved to date, the recovery rate on crushed
sulphide ore will be 70%
? Updated ITR will be released by year-end 2009