Gold/Copper Grades Grade Summary El Valle/Boinas/Carles (Cut off grade 0.2g/ton gold), pages 183 - 184 of technical report
Gold Grade (g Au/t) Copper Grade (% Cu)
Measured and Indicated 4.84 0.65
Inferred 4.88 0.39
Life of Mine Production (page 207 of technical report for all years)
2013 2014 2015
Tonnes 720,619 711,771 690,086
Au Eq g/t 3.7 5.0 4.6
Au g/t 3.1 4.2 3.8
Cu % 0.5 0.6 0.6
Ag g/t 10.0 13.2 12.1
Notes:
Gold grade for first have of 2013 has exceeded expected 3.11 g/t despite processing of lower grade ore from shaft and drift development. Gold grades are expected to increase in the second half of 2013.
Tonnages proceseed may increase with anticipated mill capacity expansion