Investors

Reserves & Resources

Yamana’s Mineral Reserve and Mineral Resource Estimates as at December 31, 2009

Mineral Reserves (Proven and Probable)





Gold

Proven Reserves

Probable Reserves

Total Proven & Probable


Tonnes

Grade

Contained

Tonnes

Grade

Contained

Tonnes

Grade

Contained


(000's)

(g/t)

oz. (000's)

(000's)

(g/t)

oz. (000's)

(000's)

(g/t)

oz. (000's)

Alhue/Minera Florida

1,504

4.27

207

2,148

5.97

412

3,652

5.27

619

Alumbrera (12.5%)

38,750

0.40

498

1,250

0.29

12

40,000

0.40

510

Chapada

166,312

0.22

1,166

153,102

0.20

992

319,414

0.21

2,158

C1-Santa Luz

13,452

1.63

706

10,336

1.44

479

23,788

1.55

1,184

El Peñón

1,142

5.60

206

7,374

7.27

1,724

8,516

7.05

1,930

Ernesto/Pau a Pique

2,279

3.86

283

4,827

2.75

427

7,106

3.11

710

Fazenda Brasileiro

1,864

2.64

158

291

2.87

27

2,155

2.67

185

Gualcamayo

16,792

0.86

464

51,155

1.14

1,868

67,947

1.07

2,332

Jacobina

12,695

1.99

811

9,733

2.33

731

22,428

2.14

1,542

Mercedes

-

-

-

3,445

5.63

624

3,445

5.63

624

Sub Total Gold Mineral Reserves

254,790

0.55

4,498

243,661

0.93

7,296

498,451

0.74

11,794

Agua Rica

347,831

0.25

2,818

449,892

0.21

2,965

797,723

0.23

5,783

Total Gold Mineral Reserves

602,621

0.38

7,316

693,553

0.46

10,261

1,296,174

0.42

17,577











Silver








Tonnes

Grade

Contained

Tonnes

Grade

Contained

Tonnes

Grade

Contained


(000's)

(g/t)

oz. (000's)

(000's)

(g/t)

oz. (000's)

(000's)

(g/t)

oz. (000's)

Alhue/Minera Florida

1,504

22.69

1,097

2,148

50.22

3,467

3,652

38.88

4,564

El Peñón

1,142

273.79

10,053

7,374

200.50

47,530

8,516

210.33

57,583

Mercedes

-

-

-

3,445

62.36

6,908

3,445

62.36

6,908

Sub Total Silver Mineral Reserves

2,646

131.07

11,150

12,967

138.90

57,905

15,613

137.57

69,055

Agua Rica

347,831

3.83

42,775

449,892

3.46

49,989

797,723

3.62

92,767

Total Silver Mineral Reserves

350,477

4.79

53,925

462,859

7.25

107,894

813,336

6.19

161,822











Copper








Tonnes

Grade

Contained

Tonnes

Grade

Contained

Tonnes

Grade

Contained


(000's)

(%)

lbs (mm)

(000's)

(%)

lbs (mm)

(000's)

(%)

lbs (mm)

Alumbrera (12.5%)

38,750

0.39

333

1,250

0.32%

9

40,000

0.39

341

Chapada

166,312

0.33

1,192

153,102

0.30%

1,014

319,414

0.31

2,206

Sub Total Copper Mineral Reserves

205,062

0.33

1,525

154,352

0.30%

1,023

359,414

0.32

2,547

Agua Rica

347,831

0.57

4,386

449,892

0.43%

4,285

797,723

0.49

8,670

Total Copper Mineral Reserves

552,893

0.48

5,911

604,244

0.40%

5,308

1,157,137

0.44

11,217











Zinc






Tonnes

Grade

Contained

Tonnes

Grade

Contained

Tonnes

Grade

Contained


(000's)

(%)

lbs (mm)

(000's)

(%)

lbs (mm)

(000's)

(%)

lbs (mm)

Alhue/Minera Florida

1,504

1.39

46

2,148

1.62%

77

3,652

1.52

123

Total Zinc Mineral Reserves

1,504

1.39

46

2,148

1.62%

77

3,652

1.52

123











Molybdenum








Tonnes

Grade

Contained

Tonnes

Grade

Contained

Tonnes

Grade

Contained


(000's)

(%)

lbs (mm)

(000's)

(%)

lbs (mm)

(000's)

(%)

lbs (mm)

Alumbrera (12.5%)

38,750

0.013

11

1,250

0.015

0.4

40,000

0.013

11

Sub Total Moly Mineral Reserves

38,750

0.013

11

1,250

0.015

0

40,000

0.013

11

Agua Rica

347,831

0.035

268

449,892

0.033

327

797,723

0.034

596

Total Moly Mineral Reserves

386,581

0.033

279

451,142

0.033

328

837,723

0.033

607


Mineral Resources (Measured, Indicated and Inferred)


Gold

Measured Resources

Indicated Resources

Total Measured & Indicated

Inferred Resources


Tonnes

Grade

Contained

Tonnes

Grade

Contained

Tonnes

Grade

Contained

Tonnes

Grade

Contained


(000's)

(g/t)

oz. (000's)

(000's)

(g/t)

oz. (000's)

(000's)

(g/t)

oz. (000's)

(000's)

(g/t)

oz. (000's)

Alhue/Minera Florida

882

5.48

155

1,247

5.28

212

2,129

5.37

367

2,746

6.12

541

Amancaya

-

-

-

-

-

-

-

-

-

1,390

7.90

351

C1-Santa Luz

10,498

1.65

557

11,534

1.50

555

22,032

1.57

1,112

4,830

1.40

217

Chapada

45,710

0.14

206

139,672

0.12

539

185,382

0.13

745

186,801

0.11

661

El Peñón

613

12.23

241

3,046

7.73

757

3,659

8.48

998

3,846

8.42

1,040

Ernesto/Pau a Pique

204

6.28

41

1.793

1.44

83

1,997

1.93

124

4,459

1.79

257

Esquel

-

-

-

4,700

15.00

2,286

4,700

15.00

2,286

900

9.90

274

Fazenda Brasileiro

481

2.31

36

1,303

2.94

123

1,784

2.77

159

1,862

3.48

208

Gualcamayo

5,967

1.30

249

14,630

1.18

553

20,597

1.21

802

20,826

0.92

615

Jacobina

7,995

2.20

565

8,259

3.27

867

16,254

2.74

1,433

16,480

2.36

1,252

Jeronimo (57.3%)

-

-

-

636

7.97

163

636

7.97

163

1,776

7.10

401

La Pepa

15,750

0.61

308

133,682

0.57

2,452

149,432

0.57

2,760

37,900

0.50

620

Mercedes

-

-

-

1,056

3.77

128

1,056

3.77

128

1,827

6.11

359

Pilar de Goias (Jordino)

-

-

-

1,782

4.95

284

1,782

4.95

284

5,475 

5.56

979 

Pilar de Goias (Ogo, Tres Buracas)

-

-

 

 

-

-

 -

 

-

-


 -

 

-

4,900 

1.38

219

Sub Total Gold Mineral Resources

88,100

0.83

2,358

323,340

0.87

9,002 

411,440 

0.86

11,361

296,018

0.84

7,994

Agua Rica

64,169

0.17

361

248,108

0.16

1,299

312,277

0.17

1,660

651,000

0.12

2,512

Total Gold Mineral Resources

152,269

0.56

2,719

571,448

0.56

10,300

723,717

0.56

13,021

947,018

0.35

10,506














Silver










Tonnes

Grade

Contained

Tonnes

Grade

Contained

Tonnes

Grade

Contained

Tonnes

Grade

Contained


(000's)

(g/t)

oz. (000's)

(000's)

(g/t)

oz. (000's)

(000's)

(g/t)

oz. (000's)

(000's)

(g/t)

oz. (000's)

Alhue/Minera Florida

882

18.17

515

1,247

28.24

1,132

2,129

24.07

1,647

2,746

55.11

4,865

Amancaya

-

-

-

-

-

-

-

-

-

1,390

73.00

3,270

El Peñón

613

300.96

5,928

3,046

205.99

20,172

3,659

221.89

26,100

3,846

257.84

31,880

Esquel

-

-

-

4,700

23.00

3,523

4,700

23.00

3,523

900

21.00

575

Mercedes

-

-

-

1,056

49.80

1,690

1,056

49.80

1,690

1,827

58.46

3,435

Sub Total Silver Mineral Resources

1,495

134.05

6,443

10,049

82.07

26,517

11,554

88.81

32,960

10,709

127,87

44,025

Agua Rica

64,169

2.38

4,911

248,108

2.74

21,823

312,277

2.66

26,734

651,000

2.30

48,139

Total Silver Mineral Resources

65,664

5.38

11,354

258,157

5.82

48,340

323,821

5.73

59,694

661,709

4.33

92,164














Copper










Tonnes

Grade

Contained

Tonnes

Grade

Contained

Tonnes

Grade

Contained

Tonnes

Grade

Contained


(000's)

(%)

lbs (mm)

(000's)

(%)

lbs (mm)

(000's)

(%)

lbs (mm)

(000's)

(%)

lbs (mm)

Chapada

45,710

0.18

181

139,672

0.20

616

185,383

0.20

797

186,801

0.20

823

Sub Total Copper Mineral Resources

45,710

0.18

181

139,672

0.20

616

185,383

0.20

797

186,801

0.20

823

Agua Rica

64,169

0.49

700

248,108

0.40

2,178

312,277

0.42

2,878

651,000

0.34

4,880

Total Copper Mineral Resources

109,879

0.36

881

387,780

0.33

2,794

497,660

0.34

3,675

837,801

0.31

5,703














Zinc








Tonnes

Grade

Contained

Tonnes

Grade

Contained

Tonnes

Grade

Contained

Tonnes

Grade

Contained


(000's)

(%)

lbs (mm)

(000's)

(%)

lbs (mm)

(000's)

(%)

lbs (mm)

(000's)

(%)

lbs (mm)

Alhue/Minera Florida

882

1.3

27

1,247

1.50

41

2,129

1.45

68

2,745

1.51

92

Total Zinc Mineral Resources

882

1.3

27

1,247

1.50

41

2,129

1.45

68

2,745

1.51

92














Molybdenum










Tonnes

Grade

Contained

Tonnes

Grade

Contained

Tonnes

Grade

Contained

Tonnes

Grade

Contained


(000's)

(%)

lbs (mm)

(000's)

(%)

lbs (mm)

(000's)

(%)

lbs (mm)

(000's)

(%)

lbs (mm)

Agua Rica

64,169

0.01

40

248,108

0.01

165

312,277

0.01

206

651,000

0.03

488

Total Moly Mineral Resources

64,169

0.01

40

248,108

0.01

165

312,277

0.01

206

651,000

0.03

488


Yamana Gold Inc. Mineral Reserve and Mineral Resource Reporting Notes:

  1. Metal Prices and Cut-off Grades:

    Mine

    Mineral Reserves

    Mineral Resources

    Alhue/Minera Florida

    $825 Au, $14.00 Ag, $0.75 lb Zn

    2.5 g/t Au cut-off

    Alumbrera (12.5%)

    $919 Au, $1.80 Cu, $12.00 Mo, 0.22% Cu EQ cut-off

    N/A

    Amancaya

    N/A

    1.0 g/t Au EQ OP, 3.4 g/t Au EQ UG

    Chapada

    $825 Au, $2.25 Cu, $3.62 NSR cut-off

    0 .17% Cu EQ cut-off

    C1-Santa Luz

    $750 Au, 0.5 g/t Au cut-off

    0.5 g/t Au cut-off

    El Peñón

    $825 Au, $14.00 Ag, variable cut-off

    3.9 or 5.0 g/t Au EQ

    Ernesto/Pau-a-Pique

    $825 Au, 1.0 g/t UG, 0.3 g/t Au OP cut-off

    0.3 g/t OP, 1.0 g/t IG

    Fazenda Brasileiro

    $776 Au, 1.5 g/t Au cut-off

    1.5 g/t cut-off

    Gualcamayo

    $825 Au, QDD 0.15 g/t Au, AIM 0.5 g/t Au
    QDDLW 1.0 g/t Au cut-off

    QDD 0.15 g/t Au, AIM 0.5 g/t Au,
    1.0 g/t Au QDD LW

    Jacobina

    $825 Au; 1.1 g/t Au cut-off

    0.5 g/t Au cut-off

    Jeronimo (57.3%)

    N/A

    5.0 g/t Au cut-off

    La Pepa

    N/A

    0.3 g/t Au cut-off

    Mercedes

    $825 Au, $14.00 Ag; 3.0 g/t Au EQ cut-off

    2.0 g/t Au EQ cut-off

    Pilar (75%)

    N/A

    2.0 g/t Au cut-off

    Agua Rica

    $425 Au, $1.10 Cu; 0.2% Cu and $3.74 cut-off

    0.2% Cu cut-off


  2. All mineral reserves and mineral resources have been calculated in accordance with the standards of the Canadian Institute of Mining, Metallurgy and Petroleum and NI 43-101, other than the estimates for the Alumbrera mine which have been calculated in accordance with the JORC Code which is accepted under NI 43-101.

  3. All mineral resources are reported exclusive of mineral reserves.

  4. Mineral resources which are not mineral reserves do not have demonstrated economic viability.

  5. Mineral reserves and mineral resources are reported as of December 31, 2009.

  6. For the qualified persons responsible for the mineral reserve and mineral resource estimates, see the qualified persons chart below:

Property

Qualified Persons for Mineral Reserves

Qualified Persons for Mineral Resources

Alhué/ Minera Florida

Stuart Collins, P.E., Scott Wilson Roscoe Postle Associates Inc.

Chester M. Moore, P.Eng., Scott Wilson Roscoe Postle Associates Inc.

Alumbrera

Julio Bruna Novillo, AusIMM, Xstrata Plc

Julio Bruna Novillo, AusIMM, Xstrata Plc

Amancaya

Not applicable

Chester M. Moore, P.Eng., Scott Wilson Roscoe Postle Associates Inc.

Chapada

Marco Antonio Alfaro Sironvalle, MAusIMM, Corporate Manager, Reserves, Yamana Gold Inc.

Marco Antonio Alfaro Sironvalle, MAusIMM, Corporate Manager, Reserves, Yamana Gold Inc.

C-1 Santa Luz

Enrique Munoz Gonzalez, MAusIMM, Metalica Consultores S.A.

Marco Antonio Alfaro Sironvalle, MAusIMM, Corporate Manager, Reserves, Yamana Gold Inc.

El Peñón

Stuart Collins, P.E., Scott Wilson Roscoe Postle Associates Inc.

Chester M. Moore, P.Eng., Scott Wilson Roscoe Postle Associates Inc.

Ernesto/ Pau-a -Pique

Renato Petter, P. Eng., Technical Services Director, Yamana Gold Inc.

Rogerio Moreno, MAusIMM, Principal Geologist, MCB Servicos e Mineracao Ltda.

Esquel

Not applicable

Robin J. Young, P. Geo., Western Services Engineering, Inc.

Fazenda Brasileiro

Renato Petter, P. Eng., Technical Services Director, Yamana Gold Inc.

Rogerio Moreno, MAusIMM, Principal Geologist, MCB Servicos e Mineracao Ltda.

Gualcamayo

Renato Petter, P. Eng., Director of Technical Services, Yamana Gold Inc.

Ronald G. Simpson, P. Geo., GeoSim Services Inc. and Marco Antonio Alfaro Sironvalle, MAusIMM, Corporate Manager, Reserves, Yamana Gold Inc.

Jacobina

Renato Petter, P. Eng., Technical Services Director, Yamana Gold Inc.

Rogerio Moreno, MAusIMM, Principal Geologist, MCB Servicos e Mineracao Ltda.

Jeronimo

Not applicable

Chester M. Moore, P. Eng., Scott Wilson Roscoe Postle Associates Inc.

La Pepa

Not applicable

Chester M. Moore, P. Eng., Scott Wilson Roscoe Postle Associates Inc.

Mercedes

David Sprott, B.Sc, M.Sc., P.Eng., Associate and Senior Mine Engineer, Golder Associates Ltd.

Greg Walker, P.Geo., Senior Manager, Resources Estimation, Yamana Gold Inc.

Pilar

Not applicable

Greg Walker, P.Geo., Senior Manager, Resources Estimation, Yamana Gold Inc. and Pamela L. De Mark, P.Geo., Senior Consultant, Snowden Mining Industry Consultants Inc.

Agua Rica

Renato Petter, P. Eng., Director of Technical Services, Yamana Gold Inc.

Evandro Cintra, Ph.D., P. Geo., Senior Vice President, Technical Services, Yamana Gold Inc.