43-101 2008 Technical Report On The La Fortuna Project, Durango ...

Table 4. Driving distances from Durango to the Property. ........................................................................12
Table 5. Maximum precipitation in a 24 hour period (mm) for Primo de Verdad.....................................13
Table 6. General stratigraphy of the El Castillo area. ................................................................................16
Table 7. Repeat assays performed internally by ALS-Chemex...................................................................30
Table 8. Data verification sample results from Howe’s 2002 site visit.......................................................31
Table 9. Castle Gold test heap leach results and observations. ...................................................................35
Table 10. Metcon gold-size fraction distribution of Heap 1 leached ore residue........................................36
Table 11. Metcon gold-size fraction distribution of Heap 2 head ore and leached ore residue. .................36
Table 12. Remaining Mineral Resources as of October 2007....................................................................42
Table 13. Comparison of Howe 2003 and Howe 2008 Reserve Estimates................................................47
Table 14. Ore – Waste Distribution and Average Gold Price – El Castillo ...............................................51
Table 15. Operating Cost Summary (US$). ...............................................................................................53
Table 16. Sensitivity Analysis....................................................................................................................56
Table 17. Sensitivity Analysis – Graphical Representation ........................................................................57
Table 18. Project Net Cash Flow at Selected Gold Prices .........................................................................57
Table 19. Financial scenario at $625/oz Au ................................................................................................59
Table 20. NPV differences at a 10% discount rate.....................................................................................60
Table 21. Gold Price Chart (1995-2008).....................................................................................................60
Table 22. Impact of Mine Schedule Optimization based on a 10% Discount Rate....................................61
Table 23. US$ - Mexican Peso Exchange Rate Chart (1990-2008) ...........................................................62
APPENDICES
APPENDIX A US$625/oz Au Optimum Pit Shell Level Plans
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