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UMZ |
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The geological resources for the UMZ estimated in early 2005 and audited by Pincock, Allen & Holt ("PAH") in a technical report prepared in accordance with NI 43-101 remain unchanged (a copy of PAH's technical report is available on SEDAR and at www. As outlined in previous public filings, the UMZ has the potential to produce in excess of 100,000 ounces per annum of gold equivalent production (based on the following prices: $1 per pound of copper, $400 per ounce of gold and $6 per ounce of silver) and could further extend the life of the Don Mario mine by up to 8 years. As previously reported (see Press Release dated February 14, 2005), the estimated grades and tonnages for the various UMZ ore types in the indicated mineral resources category are as follows: |
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