 |
NI-43-101 Compliant Reserves and Resources as at December 31, 2007.
|
Reserves - Proven & Probable
|
|
Description
|
Tonnes
|
Ag g/t
|
Au g/t
|
Ag oz
|
Au oz
|
|
Proven
|
|
|
|
|
|
|
Guanacevi
|
82,941
|
447
|
0.65
|
1,192,567
|
1,724
|
|
Total Proven
|
82,941
|
447
|
0.65
|
1,192,567
|
1,724
|
|
Probable
|
|
|
|
|
|
|
Guanacevi
|
1,140,933
|
354
|
0.61
|
13,002,592
|
22,309
|
|
Guanajuato
|
103,000
|
209
|
1.40
|
694,000
|
4,650
|
|
Total Probable
|
1,243,933
|
342
|
0.67
|
13,696,592
|
26,959
|
|
Total Proven & Probable
|
1,326,874
|
349
|
0.67
|
14,889,159
|
28,684
|
* Cut-off grade for Proven & Probable Reserves is 250 g/t Ag for Guanacevi
& 215 g/t Ag-Equivalent for Guanajuato
|
Resources - Measured and Indicated
|
|
Description
|
Tonnes
|
Ag g/t
|
Au g/t
|
Ag oz
|
Au oz
|
|
Measured
|
|
|
|
|
|
|
Guanacevi
|
15,046
|
224
|
0.35
|
108,524
|
167
|
|
Total Measured
|
15,046
|
224
|
0.35
|
108,524
|
167
|
|
Indicated
|
|
|
|
|
|
|
Guanacevi
|
1,187,452
|
347
|
0.73
|
13,248,207
|
27,928
|
|
Guanajuato
|
42,000
|
194
|
2.10
|
262,000
|
2,900
|
|
Cometa
|
600,000
|
39
|
1.00
|
752,000
|
19,000
|
|
Total Indicated
|
1,829,452
|
242
|
0.85
|
14,262,207
|
49,828
|
|
Total Measured & Indicated
|
1,844,498
|
242
|
0.84
|
14,370,730
|
49,995
|
|
Resources - Inferred
|
|
Tonnes
|
Ag g/t
|
Au g/t
|
Ag oz
|
Au oz
|
|
Guanacevi
|
844,754
|
313
|
0.58
|
8,512,517
|
15,862
|
|
Guanajuato
|
321,000
|
218
|
2.00
|
2,245,000
|
21,060
|
|
Cometa
|
1,150,000
|
39
|
1.00
|
1,440,000
|
37,000
|
|
Total Inferred
|
2,315,754
|
164
|
0.99
|
12,197,517
|
73,922
|
|
