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EL SAUZAL

El Sauzal is a conventional open pit, oxide milling operation which achieved commercial production in December 2004.  El Sauzal is approaching the latter years of its mine life and the planned decline in production is occuring. 

Gold production in 2009 was 204,000 ounces. 

OPERATING STATISTICS 

El Sauzal

2007

2008

2009

Tonnes ore mined (000's)

2,693

 2,525

2,480.2

Tonnes ore milled (000's)

2,165

 2,107

2,106.2

Grade Au g/t

4.65

4.28

3.17

Total Recovery Au %

94%

95%

94%

Total Production Au oz

306,900

274,200

203,800

Total Cash Costs US$/oz

$120

$149

$201