Argentina - Gualcamayo | Argentina (100% Yamana-owned)
The Gualcamayo mine, an open pit, heap leach, gold operation with three substantial zones of gold mineralization, is located in the northern San Juan province of Argentina. Commercial production began in 2009, after 20 months of construction. In 2010 a decision was made to develop the underground QDD Lower West deposit, located below the main open pit, which will increase expected annual production to over 190,000 ounces beginning in 2013.
| Production | 2010 | 2011E | 2012E |
|---|
| Gold (oz.) | 135,140 | 150-170,000 | 165-180,000 |
| Cash cost (per oz.) | $506 | | |
Mineral Reserves and Mineral Resources
Gold 2.4 million oz. proven & probable + 931,000 oz. measured & indicated
Strategic Mine Life (years): 9+
* Please refer to
www.yamana.com/Operations/ReservesAndResources for complete information relating to mineral reserves and mineral resources indicating tonnage and grade for the various mines and projects.