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SAN MARTIN

Reclamation and closure activities are ongoing at San Martin as 2007 represented the last full year of commercial production.  The closure phase includes backfilling, waste encapsulation, recontouring, revegetation and final leach and rinse on the leach pads.  As the site becomes rehabilitated, Goldcorp will cede the land to the San Martin Foundation for commercial agricultural projects. 

OPERATING STATISTICS

San Martin

2005
(actual)

2006
(actual)

2007
(actual)

Ore mined tonnes (000's)

5,200

4,022

2,599

Ore Processed tonnes(000's)

5,198

4,023

2,975

Grade Au g/t

0.68

0.78

0.77

Total Recovery Au %

59%

55%

53%

Total Production Au oz

81,500

59,600

45,300

Total Cash Costs US$/oz

$294

$350

$479