Operations
Operations

Reserves and Resources - Total* - December 31, 2010


Tonnes
(million)
Gold
Ounces
(million)
Silver
Ounces
(million)
Reserves
Proven71.91.4671.6
Probable51.40.8847.4
Total P&P*123.32.34119.0




Resources
Measured90.91.7782.8
Indicated82.41.3063.0
Total M&I*173.43.07145.7
Inferred41.30.5519.5

*Total Reserves and Resources are an addition of Dolores and La Bolsa Reserves and Resources and do not account for different AuEq cutoffs. Please review the tables for Dolores and La Bolsa for additional information M&I is inclusive of P&P.


Reserves and Resources - Dolores Mine - December 31 2010


Tonnes
(million)
Gold
Grade
(gpt)
Gold
Ounces
(million)
Silver
Grade
(gpt)
Silver
Ounces
(million)
Aueq
Grade*
(gpt)
Reserves
Proven62.430.621.25434.268.54     1.28
Probable45.210.530.77031.645.981.14
Total P&P107.640.582.02433.1114.521.22







Resources (0.30 aueg gpt cutoff)
Measured80.100.601.53030.879.241.19
Indicated71.800.481.11626.160.270.98
Total M&I**151.900.542.64628.6139.511.09
Inferred27.630.380.32618.216.130.73

*52 to one gold to silver ratio, without regard to metallurgical recoveries.
**M&I is inclusive of P&P

Reserves and Resources - La Bolsa Project - August 9 2010


Tonnes
(million)
Gold
Grade
(gpt)
Gold
Ounces
(million)
Silver
Grade
(gpt)
Silver
Ounces
(million)
Reserves
Proven9.50.670.2010.13.1
Probable6.20.570.117.21.4
Total P&P15.60.630.329.04.5






Resources (0.20 gpt cutoff)
Measured10.80.700.2410.23.5
Indicated10.60.540.187.92.7
Total M&I21.50.620.439.06.2
Inferred13.70.510.227.63.3

*M&I is inclusive of P&P