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Los Filos

- Geology

- Mining

Joint Ventures / Partnerships

LOS FILOS

The Los Filos mine consists of two open pit mines (Los Filos and El Bermejal) with common heap leach, wet plant and ancillary facilities. Los Filos is located in the Nukay mining district of central Guerrero State in southern Mexico. Commercial production for Los Filos commenced January 1, 2008.

Gold production for 2008 totaled 214,000 ounces. Los Filos is forecast to produce an average of 300,000 ounces of gold per year.

MINERAL RESERVES AND RESOURCES*

Proven & Probable Reserves

Category	m tonnes	g Au/t	m ounces
Gold	277.47	0.63	5.64

Mineral Resources

Measured and Indicated	m tonnes	g Au/t	m ounces
Gold	84.37	0.54	1.47

Inferred	m tonnes	g Au/t	m ounces
Gold	73.49	0.56	1.33

*All Mineral Reserves and Mineral Resources have been estimated as of December 31, 2007 in accordance with the Definition Standards on Mineral Resources and Mineral Reserves of the Canadian Institute of Mining, Metallurgy and Petroleum, as required by National Instrument 43-101.

Los Filos Drill Hole Data