Continued exploration at Pilar is expected to increase mineral resources significantly while the gold project in Goiás State is being readied for production start-up in 2013. The property covers 590 square kilometres in the Crixas greenstone belt and is 80 kilometres south of the Chapada mine. The one million tonnes per year operation will initially involve underground mining, and gravity and carbon-in-leach processing and is already being built at capacity levels that are 30 percent higher than those contemplated in the feasibility study.

Annual Production (E)	120,000 oz. gold
Cash cost (E)	$430-460 per oz.
Gold mineral reserves	1.4 million oz. proven & probable
Gold mineral resources	116,000 oz. measured & indicated