PEñASQUITO

PROJECT SUMMARY

The Peñasquito property, located in the mining state of Zacatecas, Mexico, possesses flat topography and excellent proximity to roads, power, rail, skilled labor and smelters.  It is composed of two main deposits called Peñasco and Chile Colorado containing gold, silver, lead and zinc deposits. At June 2007, proven and probable gold reserves increased 31% to 13.0 million ounces.  Silver reserves increased 50% to 864 million ounces while lead and zinc increased 60% to 2.67 million tonnes and 5.81 million tonnes respectively.  Measured and indicated gold resources, inclusive of proven and probable reserves, increased 39% to 17.8 million ounces. Measured and indicated silver resources increased 55% to 1.3 billion ounces. In May 2008, Peñasquito poured the first gold  from the oxide circuit. Full production of Peñasquito will be reached by late 2009.

Penasquito Drill Hole Data
 Penasquito and Noche Buena Collars
 Penasquito and Noche Buena Assays

Reserves and Resources
 Penasquito Reserves June 2007
 Penasquito Resources June 2007

Maps
 Peñasquito Maps November 2007
 Peñasquito Maps

Technical Reports
 Peñasquito Technical Report Dec 31, 2007