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Marlin

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MARLIN

The Marlin mine is 100% owned by Montana Explorada de Guatemala, S.A., a wholly-owned subsidiary of Goldcorp. The Marlin Mine is a conventional milling operation with a combination of open pit and underground mining which began commercial production in December 2005.

Marlin mine is in the western highlands of Guatemala, 48 kilometers southwest of the city of Huehuetenango, approximately 300 kilometers northwest of Guatemala City. The project lies within a highly prospective land package of approximately 100,000 hectares that encompasses the main Marlin deposit and other important mineralized zones.

Marlin Drill Hole Data

Marlin La Hamaca Assays

Marlin Surface Assays

Marlin Underground Assays

Marlin West Vero Assays

OPERATING STATISTICS

Marlin (100%)	2005 (actual)	2006 (actual)	2007 (actual)	2008 (actual)
Ore milled tonnes (000's)	116	1,088	1,773	1,845
Grade Au g/t	6.49	4.92	4.55	4.54
Grade Ag g/t	80.00	75	84	90
Total Recovery Au %	82%	87%	88%	90%
Total Recovery Ag %	53%	60%	59%	61%
Total Production Au oz	23,900	161,000	227,200	241,400
Total Production Ag oz	154,600	1,598,400	2,837,300	3,287,500
Total Cash Costs US$/oz	$217	$209	$144	$191