Silver Producer with a Golden Future

Overview

  • 7.9 million ounces gold equivalent M&I resources in 4 properties. Additional 1.6 million ounces gold equiv in Inferred resources.
  • Pallancata underground silver-gold mine in Peru (40% IMZ).
    • Produced 7.4 million silver ounces and ~26,000 gold ounces  in 2012.
    • Partnered with Hochschild Mining, the mine operator
  • Inmaculada underground gold-silver deposit in Peru (40% IMZ),  located near Pallancata Mine. 
    • M&I Resources of 930,000 ounces gold and 33 million ounces silver
    • Also partnered with Hochschild. Scheduled for production in H2 2014.
  • Goldfield and Converse gold deposits in Nevada, USA with 6.8M M&I gold equivalent  resource ounces (100% IMZ). Feasibility study completed for Gemfield deposit at Goldfield project in July 2012.
  • Ecuador:  Planned sale of assets (subject to government approvals) and exit from country.
  • 20 years operating in South America. Experienced management team with history of discoveries worldwide.
  • Strong balance sheet see latest financial statements.

Corporate Strategy

  • Increase cash flow and locate additional resources/reserves at Pallancata and Inmaculada in Peru.
  • Achieve production at Inmaculada in 2014 and Goldfield in 2015
  • Acquire additional low-cost gold-silver mining operations/development projects in the Americas.
  • Ecuador:  Sell assets and exit the country