43-101 2008 Technical Report On The La Fortuna Project, Durango ...
43-101 2008 Technical Report On The La Fortuna Project, Durango ...
43-101 2008 Technical Report On The La Fortuna Project, Durango ...
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Table 4. Driving distances from <strong>Durango</strong> to the Property. ........................................................................12<br />
Table 5. Maximum precipitation in a 24 hour period (mm) for Primo de Verdad.....................................13<br />
Table 6. General stratigraphy of the El Castillo area. ................................................................................16<br />
Table 7. Repeat assays performed internally by ALS-Chemex...................................................................30<br />
Table 8. Data verification sample results from Howe’s 2002 site visit.......................................................31<br />
Table 9. Castle Gold test heap leach results and observations. ...................................................................35<br />
Table 10. Metcon gold-size fraction distribution of Heap 1 leached ore residue........................................36<br />
Table 11. Metcon gold-size fraction distribution of Heap 2 head ore and leached ore residue. .................36<br />
Table 12. Remaining Mineral Resources as of October 2007....................................................................42<br />
Table 13. Comparison of Howe 2003 and Howe <strong>2008</strong> Reserve Estimates................................................47<br />
Table 14. Ore – Waste Distribution and Average Gold Price – El Castillo ...............................................51<br />
Table 15. Operating Cost Summary (US$). ...............................................................................................53<br />
Table 16. Sensitivity Analysis....................................................................................................................56<br />
Table 17. Sensitivity Analysis – Graphical Representation ........................................................................57<br />
Table 18. <strong>Project</strong> Net Cash Flow at Selected Gold Prices .........................................................................57<br />
Table 19. Financial scenario at $625/oz Au ................................................................................................59<br />
Table 20. NPV differences at a 10% discount rate.....................................................................................60<br />
Table 21. Gold Price Chart (1995-<strong>2008</strong>).....................................................................................................60<br />
Table 22. Impact of Mine Schedule Optimization based on a 10% Discount Rate....................................61<br />
Table 23. US$ - Mexican Peso Exchange Rate Chart (1990-<strong>2008</strong>) ...........................................................62<br />
APPENDICES<br />
APPENDIX A US$625/oz Au Optimum Pit Shell Level Plans<br />
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