View Presentation - Dia Bras Exploration
View Presentation - Dia Bras Exploration
View Presentation - Dia Bras Exploration
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<strong>Dia</strong> <strong>Bras</strong> 2009 Challenges & Priorities<br />
Bolivar<br />
■ Raise financing for construction of a mill near the Bolivar Mine (US$6.5 M)<br />
� Process at Malpaso Mill 200 tpd high-grade material from Bolivar and<br />
generate positive cash flow at forecasted metal prices<br />
� <strong>Exploration</strong> program to expand and upgrade resources<br />
� Further reduction of direct operating costs<br />
Cusi<br />
� Metallurgical testing has been completed showing silver recovery of 85%<br />
by combined flotation and cyanidation methods<br />
� Start Cusi operations in August 2009 at 6,000 tpm with the flotation<br />
circuit and in parallel build the cyanidation system (US$1.5 M)<br />
� <strong>Exploration</strong> program to expand and upgrade resources<br />
� Expand production to 15,000 tpm by late 2010 by mining high grade silver<br />
from Promontorio<br />
Position the Company for the commodity markets recovery and pursue<br />
M&A activities to enhance the value of the Company<br />
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