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Hochschild Miningplc

PART2
Explorationandbusiness
developmentupdate

June2010

1
Ourexploration
focus

2
Wherearewe?

Historically HOC has focused on Epithermal Low Sulphidation


veins

These deposits contain on average 60% Ag, 40% Au in value

Typically they are mined underground and have limited formal


LOMs

Some unusually large ones occur (Vanguardia: 10 MM Au oz


eq, Peon: 12 MM Au oz eq, Fresnillo: 20 MM Au oz eq), but on
average they have 2-3 MM Au oz eq

Exploration at HOC focuses not only on Epithermal Low


Sulphidation veins (Company maintainers), but also on
Epithermal High Sulphidation disseminated deposits & Cu (Au)
Porphyries (Company makers)

3
DepositType:EBITDAgenerationpotential

Exploration Average EBITDA by Deposit Type Typical HOC


focus operations
350 30
Average EBITDA / yr # of deposits
300 25
EBITDA (US$ / yr)

250

# of deposits
20
200
15
150
10
100
50 5
0 0

Intrusive (non-
Intermediate
IOCG

Orogenic BIF
Turbidite/Black S

Paleoplacer
Carlin

Skarn/Carbonate

Epithermal Low
Epithermal High

Sulphidation
Porphyry

Greenstone/Volcanic

VMS
Epithermal Alkalic

Epithermal

Sulphidation
Sulphidation

Replacement

porphyry)
Orogenic

Orogenic
EverydeposittypehasadistinctEBITDAgenerationcapacity
CurrentfocusinEpithermalLow/IntermediateSulphidations tendtoyieldlowerEBITDAcontributions
Porphyry,Carlin,HSEandOrogenic depositstendtoyieldhigherEBITDAcontributions
Additionally,asseenbefore,theyalsoyieldhigherNPVperouncemultiples

Source:MetalsEconomicsGroup
4
(www.metalseconomicsgroup.com)
5
years years

-
25
50
75
100

25
50
75
100
Sukhaybarat Antapite
Kemess Ishihuinca

yrs
Central Martha
Pierina Shila-Paula
Wharf Diablito
Angovia San
Morila Topia
Bronzewing Quiruvilca
Ruby Hill

Average = 10.7
Colombia
La Coipa
Ares
Corrales

Average = 17.8 yrs


Julcani
Reefton
Recuperad
Kalsaka
Bogoso/Pres Mina
Lega Dembi Pallancata

Source:MetalsEconomicsGroup
Gedabek Pimenton
La Libertad G uanajuato

(www.metalseconomicsgroup.com)
Reserve LOM

Ity Kettle R-B


Berezitovoye Encantada

Reserve LOM
San Andres Pogo
C Creek- Arcata
Laverton N. Senora
Voro Guanacevi
Lefa Corridor El Penon
Kumtor San Jose
Bonikro G uanajuato
La Herradura La
El Chanate
San Martin
North Mara
Co-O
Resource LOM

El Castillo
Penjom Silver
Chatree Zaruma
Resource LOM

Maricunga Caylloma
Soledad- Rossi
Sadiola Hill Troy Mine
Samira Hill Greens
Ahafo Cubo-
Hidden La Cienega
Siguiri San Dimas
Chapada Morococha
Boddington Fresnillo
Choco Huaron
Navachab Lucky
Andacollo
Deposittype:Formallifeofmine

Bolanos
Sukari
Middelvei
Maikainzoloto
Bereznyaki
High

Porphyry
(ELS) type deposit

LOM for Epithermal


LOM for Epithermal

Veins (ELS) & Au (Cu)


Sulphidation
Low Sulphidation Veins
RealoperatinglifeofEpithermalLowSulfidation
Veins(ELS)exceedsreportedLOM
CurrentLOM(years) OperatingLife
Operation
Reserves Resources (years)

Ares 1.4 3.6 12


Arcata 3.0 4.3 46
Orcopampa 1.9 1.8 45
Quiruvilca 1.3 7.2 86
Caylloma 10.2 4.0 500
Huarn 15.1 9.4 90
Shila Paula 0.5 0.2 20
CerroVanguardia 23.9 23.9 12
Martha 0.4 0.6 8
CerroBayo 1.9 1.3 8
Fresnillo 13.7 7.9 460

6
Source:MetalsEconomicsGroup
(www.metalseconomicsgroup.com)
Growth:Greatergoldexposure

Operation Gold Silver


Approx.MarketSizeinAuEq.(Ag 700Moz Ag(12Moz
90Moz Au(5.4Boz Ag)
Eq.) Au)
MarketValueinUS$
US$81Billion
US$8Billion
#ofPrimaryDeposits 660Aumines 59Agmines
(%ofTot.Prod.) (90%ofTot.Prod.) (35%ofTot.Prod.)
PreciousMetalComponent
98%(100%) 87%(74%)
Average(Mode)
Source:MetalsEconomicGroup(MEG),Mar2009
Note:Pricesusedforcalculations,GoldUS$900/OzandSilverUS$12.0/Oz

Golduniversehaslessounces,butrepresentsahighervalue
Golddepositstendtohaveamuchhigherpreciousmetalpremiumthansilverdeposits

7
Investinginourgrowthstrategy

Greenfieldexplorationexpenditureismorethantwicetheindustryaverage.Intermediate
majorcompaniesspendonaverageUS$14MMperyearingreenfield activities(MEG2009)

* Greenfield includes advanced projects


8
Asolidteam

Greenfield
27 geologists who collectively hold
15postgraduatedegrees
23 support staff to ensure our
geologistsfocusonexploration
Brownfield
40 geologists who collectively hold
10postgraduatedegrees
8 support staff to ensure our
geologistsfocusonexploration

9
Weareintherightlocation
HSE Au
Pueblo Viejo (38.9
Moz) Porphyries

Lagunas Norte (13.7 Yanacocha (46.7 Moz) Cerro Corona (4.4


Moz) Moz)
Pierina (8.7 Moz)

Veladero (20.0 Moz) Marte-Lobo (6.5 Moz)


Pascua Lama (37.4
Moz) Andacollo (10
Moz)

Cerro Casale (33.0


Moz)

These deposit types occur geographically in the Andes of Chile and Peru and opening up the
field isconsistentwithourclusterstrategy
WehaveexperienceofHSEdeposits(Sipan)
OuracquisitionofSWGhasgivenusexposuretoCu(Au)porphiries insouthernPeruinatleast3
earlystagetargets

10
Highqualityprojectpipeline
CURRENTOPERATIONS Peru
Ares GRC ElAguila* Argentina
Arcata Moris Chile
Pallancata LakeShoreGold* Mexico
SanJos Canada

COMPANYMAKERS Mines COMPANYMAINTAINERS

Projectdevelopment Azuca
Resourcedelineation Inmaculada
Crespo

Victoria AstanaFarallon
Mercurio Drilltargets CerroBlanco
7projectsin3countries

Josnitoro Guerrero
Apacheta Prospects
Numerousprospectsinseveralcountries

Generative
556,482hectaresin4countries

11
*Hochschild owns38%ofLakeShoreGoldand30%ofGRC
Ourcurrentminesand
developmentprojects

12
Maintainingandincreasingourresourcesbase

Minelifeofmainoperations
(years)
20%increaseinresourceLOM
20%
20% to7.1yearsin2009

Resourcescalculatedusing
samecutoffgradesas
reserves

Highconversionratioof
resourcestoreserves

*
2008LOMrestatedtoreflect2009capacity
13
ResourcesM+I+IatDecember2009
100%minesandprojectbasis

TotalResources:Measured,indicatedandinferred
Tonnage (Mt) Ag (g/t) Au(g/t) Ag Eq (g/t) Ag Eq (Moz)

Main operations 15.6 422 2.88 594 298.3


Arcata 4.6 456 1.42 541 79.4
Pallancata 6.6 409 1.73 512 108.9
SanJos 4.4 406 6.08 771 110.0
Other operations 2.8 59 2.59 215 19.2
Ares 1.0 149 4.74 434 14.7
Moris 1.7 4 1.28 81 4.5
Advanced projects 25.6 81 0.65 155 127.3
Azuca 3.7 288 1.31 366 44.1
Crespo 17.8 39 0.65 78 44.7
SanFelipe 4.0 78 0.04 299 38.5
Other investments 10.0 83 5.33 403 130.5
Timmins LSG(1) 4.1 0 7.95 477 63.5
InmaculadaIMZ(2) 5.9 142 3.50 351 66.9
TOTAL 54.0 179 2.27 331 575.0

TOTALATTRIBUTABLE 43.5 167 1.68 288 402.7

Note: Resources include undiscounted reserves


(1)Source: SEDAR Updated 43-101 on Timmins Mine, Oct 2009
14
(2) Source: SEDAR International Minerals reported increased resource estimate at Inmaculada Project, Feb 2010
Arcata

ARCATA

15
Arcata

NORTH ZONE
NE ANOMALIE
(2.0 Moz Au
Eq / 120 Moz
Ag Eq)

BROWNFIELD
POTENTIAL
NORTH ZONE RESOURCE
DEV.
SOUTH ZONE

ANCASCOCHA

SOUTH ZONE
(5.4 Moz Au Eq /
CALVARIO 324 Moz Ag Eq)

LOURDES
Arcata:Continuallyfindingnewveins(Luzvein)

Quartz-Calcite-
Rodocrosite-Ag
Sulfosalts.
1.50 m @ 670 g/t Ag 1.8
g/t Au

17
Pallancata

18
Pallancata:Explorationsareas

Resources 2010
Brownfield 2010

PA
RA
L EL
A
CI
M
O
ID
E

19
Pallancata:WestVein

20
Pallancata:NWExploration(XC700)

KEY

VEINS
Veins

Veins Projected

DRILLS
Executed
2010 Program

LABORS

Programmed Labor

21
PallancataEastVein:ResourcestobeDeveloped

KEY
DDH executed by Oro
Vega
KEY
DDH executed by
Resource to be
developed
HOCPLC
Resource developed
Width(mt) Au(g/t)
Ag(g/t)

22
Pallancata:VirgendelCarmenVein(Resource
Development)

t
Faul
rred
Infe
KEY

DDH executed by Oro


Vega
RESOURCES
DDH executed by
HOCPLC

Marginal Width(mt) Au(g/t)


Ag(g/t)
Inferred
23
Pallancata:Brownfield

EXPLORATI
ON
SERVITUDE
2010 AREAS
MINE
2009
PROJECTS
2010 Ag
PROJECTS
2011
PROSPECTS Ag
VARIOUS High Sulphidation
PROSPECTS

Ag Ag

Pallancata East Side


SW

South

5
K Pallancata East Side
M

24
SanJos

ARCATA

25
SanJos

26
SanJos:Geophysicalanomalies

27
SanJos:Saavedra WestProject
Inferred Resources
59,190.00 MT @ 9. g/t Au;
860 g/t Ag.
2.75 Moz Ag_equivalent

DDH-01 twin hole to EP-12


for assurance.
DDH-02 evaluate possible
extension of mineralized
system in underlying
andesites.

AREA ID ESTE NORTE AZ INCL METROS


DDH-01 2402366 4824678 225 45 130
DDH-02 2402420 4824737 225 65 130
DDH-03 2401910 4825173 225 45 190
SaavedraOeste-920m
DDH-04 2402203 4824863 225 50 150
DDH-05 2402245 4824918 225 60 170
DDH-06 2402004 4825001 225 60 150
TOTAL 920

28
Advancedprojects

29
AqualitylandpackageinPeru

1.0 Moz
Au Eq
Anab

2.1 Moz
Au Eq

2.6 Moz
4.2 Moz Au Eq
Au Eq
4.2 Moz
Au Eq
Orcopampa

30
Advancedprojects:Azuca (Peru)

100%ownedproject

Resources of 44 moz Ag eq. Scoping


studyexpectedtobeginin2010

97kmfromArcata

Explorationupside:maindrillingresults

Reserves&Resources
Tonnes Grade(g/t Grade(g/t MAgeq Oz
(MM) Ag) Au)
Inferred 4.3 288 1.31 44

31
Advancedprojects:Azuca (Peru)

In20093newmineralizedveinsystemswereidentifiedanddrilled:Yanamayo,Vivianand
Marcela.

TotalResources:3.75MT@288g/t Ag,1.3g/t Ag(44.1Moz Ag_eq).

2010drillingprogramme commencedinApril2010afterrainyseasonandnewpermits.

32
Advancedprojects:Azuca (Peru)

ReasonswhyAzuca willbeamine:

Aimingtoincreaseourexpectedresourcebaseto60MMozAgeq byQ32010
Scopingstudyunderway
Goodinfrastructureandaccesibility
Synergieswithcurrentoperations

Projectnextsteps
2010 2011
Azucatimetable
Q2 Q3 Q4 Q1 Q2 Q3 Q4
Resourceadditions
Scopingstudy
Engenieringstudies
Undergroundexplorations

33
Advancedprojects:Crespo (Peru)

100%ownedproject

Resourcesof45moz Ageq. Targetof60moz Ag


eq.byDecember2010
Only39kmfromArcata
Reserves&Resources
Tonnes(MM) Grade(g/t Grade(g/t MozAgeq
Ag) Au)
Measured& 9.5 40 0.58 22.7
Indicated
Inferred 8.3 38 0.74 22.0

Highergradeareas
Width(m) Au(g/t) Ag(g/t)
7.40 11.9 1,050
9.00 9.3 326

9.00 3.1 355

34
Advancedprojects:Crespo (Peru)

Excellentlocation,closetoourmines

Crespo Resource:17.8MT@0.65g/t Au,44.8g/t Ag(0.4


Moz Au & 25.6 Moz Ag). 0.8 Moz Au equiv. 0.30 g/t Au
cutoff.

HistoricalmetallurgicalstudiesbyNewmontoveroreto1
inch show recoveries of 7380% for gold and 750% for
silver.

During 2010 our exploration will focus on maximizing


resourcesatCrespo andidentifing highgradestructures:

Advanceatunnelatthebaseofthehilltoevaluatethe
real grade of this mineralization (experience indicates
itmaybehigherthandrillresults).
TransferprojecttooperationsinJulywith+60Moz Ag
equivalentresources.

35
Crespo:Besthistoricalintercept

13.50 m @ 12.70 g/t 7.38 m @ 29.40 g/t Au


Au Eq Eq

Oxides

Sulfurs
500 m

Geological Potencial
>540,000 MT Key
High grade intercepts
High grade (1 2010 Program (2700 m)
Structure) Oxide- Sulfurs Limit

36
Advancedprojects:Crespo (Peru)

ReasonswhyCrespo willbeamine

Nearby Anabi projects ( 1 M oz Au @ 0.7g Au/t) in production (500 US$/oz Au cash


cost)
Epithermalhighsulphidation depositshavelowcapex perounce
Goodinfrastructureandaccessibility
Synergieswithcurrentoperations

Projectnextsteps
2010 2011
Crespotimetable
Q2 Q3 Q4 Q1 Q2 Q3 Q4
Resourceadditions
Scopingstudy
Engineeringstudies
Undergroundexplorations

37
Advancedprojects:Inmaculada (Peru)

Tonnes Au(g/t) Ag(g/t)


HOCownsa49%interest (MM)

IMZownsremaining51%;canearn70% Indicate 1.2 3.9 122


interestbycompletingandfundinga d
feasibilitystudybySeptember2013and Inferred 4.7 3.4 147
issuing200,000sharestoHOC
Total 5.9 3.5 142

38
Companymakers

39
CompanyMakers:Victoria(Chile)

JVwithIronCreekCapitalCorp.alongthehighly
prospectiveDomeyko faultzone
36,050hectares
Righttoearnin60%
Drillinginitiatedin2009atVaquillas
disseminatedAuAgtarget,recognised800m
alongstrike
Significantinterceptsofhighgradematerial
Width Au(g/t) Ag(g/t)
(m)

8.00 10.5 30
2.00 28.6 74

40
40
Victoria:Vaquillas Target Disseminatedsystem

Vaquillas
Interpretation
North Soil Magnetometry
Section
Key
2010 Drilling (MHC)
Pit Section Drilling traces 2010
2009 Drilling (MHC)
Drilling traces 2009
Historical drilling
Section
South Fault
Section Pit limit
Soil Anomaly
Low magnetic
Outcrop

41
Victoria:VidaTarget

42
Victoria:VidaTargetVCNRC10004

198-206m: 8m @ 10.15 g/t Au and 29.13 ppm Ag

E E

(includes

43
CompanyMakers:Josnitoro (Per)

100%ownedproject
10,500hectares
Potential:+2moz Aueq.
Mineralisedcuarcites withvisiblegold;
mineralisationstartsatsurface
Drillingtostartin2010

44
CompanyMakers:Mercurio (Mxico)

Generative work identified 36,388 hectares of


prospective open ground between two high
grademines:
Sombrerete: produced 210 moz Ag eq.
(700 g/t Ag and 1.5 g/t Au) between
1545and2000
Fresnillo: produced 1,100 moz Ag (700
g/t Agand0.6g/t Au)between1553and
2004

786m of diamond drilling completed. Multiple
short intercepts intersected with pyrite and
sulphides (ranging to ~5% sulphide, sporadic)
from84to203m. 25
kilometers
Diamond drilling initiated with a total of 418m
drilled during the month. Multiple short
intervals of veining and sulphides were
encounteredinthefirsttwoholes.

45
CompanyMakers:Apacheta Project Largest
alterationinSouthPeru

9000Hectares 100%owned
project
30km2alterationzone

46
Company
Makers:
Intrusiv Shales &
Guerrero
e Sandston
e Project
CorazndeTinieblasnorth
reduction
Intrusiv MAINAREASOFINTEREST
e
Limestone SKARNMINERALIZATION
Areawithgoldanomalies
identifiedthrough
geochemicalstudiesof
thestreamsediments
Intrusiv Guerreroprojectshowssimilarcharacteristicsto
e othersimilardepositslikeNukay,LosFilos and
Bermejal:
Hostrock
Intrusioncomposition
Tectonicenvironment
5 kilometres
EmplacementLevel
Intrusiv
Natureofmineralisation(Skarns,hornfels)
e CorazndeTinieblassouth
reduction
47
Company
maintainers

48
CompanyMaintainers:CerroBlanco(Per)

100%ownedproject

AuAgepithermalveins,lowsulphidation

Veinsinoldmineworkingssampledaveraging:

Width Au(g/t) Ag(g/t)


(m)

Vn1 0.80 11.6 67


Vn4 0.80 6.4 392
Vn6 1.00 8.9 584
3,200mdiamonddrillingstartinginJune2010

49
CerroBlanco:ExplorationCluster

722500 723000 723500

N
100%owned project
8341500

8341500
AuAg Epithermal Veins,LowSulphidation
EIAinpreparation,landowners permits in
V-7
progress.
8341000

8341000
79

V-6
70
80 Ground mag and IP/Resistivity arrayto be
78

V-5
80 donein2010
80
8340500

8340500
3,200mDiamondDrilling starting inJune
V-4

77
2010
78
V-3
V-2 80
722500 723000 723500
V-1
80
75 250 m.

V-3V-2
V-1
V-4
V-5

V-6

V-7

50
CerroBlanco:ProjectVein4

Seccion
Longitudinal

52
54

53
20
6 66 67

55
58 57 5 20

20
5820 20 20 20 20

20
59
2 0 61

0
20 0

2
Entrance to old
02
6
26

63
20

64
20 labour
65
20
20

Nro M. A.M Au g/T Ag g/T As ppm


2052 0.85 8.02 613 78
2053 0.90 16.6 813 221
2054 0.80 4.77 355 64
2055 0.75 2.18 126 44
2056 0.90 1.89 345 70
2057 0.80 1.79 98 114
2058 0.85 6.78 560 74
2059 0.90 2.35 167 291
2060 0.70 1.66 148 50
2061 0.65 1.34 200 138
2062 0.65 4.29 319 72
2063 0.90 11.2 277 88
2064 0.90 4.4 456 68
2065 0.95 12.5 651 89
Quartz 2066
2067
0.80
0.90
14.4
4.56
811
172
60
138
0.83 6.41 391.60 105.84

51
CompanyMaintainers:AstanaFarallon (Per)

100%ownedproject

AuAgepithermalintermediatesulphidation (Farallon),andhighsulphidation (Astana)

3,050m.ofdiamonddrillingstartedinMay2010

52
AstanaFarallon:ExplorationCluster

Prospect 100% HM.


775000-E 776000-E 777000-E


Au-Ag Epithermal Intermediate
N Sulphidation (Farallon), and High
LO
ASTANA A
L Sulphidation (Astana).
R 8361000-N
FA
Landowner permit granted until end of
diamond drilling campaign

8360000-N
Detailed EIA in progress
500 m.
3,050 m. of diamond drilling started in
May 2010, once EIA is approved

53
AstanaFarallon:Firstpassdrillprogram

5000
FAR-003
FAR-006 FAR-005
2.00 2.16 90.50
2.00 0.77 1.70
177 2.35 22.80
4900 FAR-008
2.25 0.63 81.40
PROYEC
TO R A M PA DDH-02 DDH-04
4800 DDH-01
PROYECTO GALERIA NIV. 4780
DDH-03
4700
SONDAJES ANTIGUOS 100 m.
SONDAJES PROGRAMADOS 2010

54
CopperProjects

55
FormerSouthwestern copperproperties

56
Jasperoide:(700hectares) highgradecopper
manto
OutstandingCuandAutargets
Criticaltoconsolidatewith
Zamin Greatiam 10&70claims.
113m@1.13%Cu,0.32g/t Au
Zamin GreatiamAu70
Includes31m(85116)@3.37%Cu,0.46g/t

22m@2.44%Cu,0.72g/t Au
FlatlyingenrichedCuzone
Hochschild
1.2m@27.2g/t Au
Vertical(?)epithermalgoldevent.
Trench24:11m@19.50g/t Au
Zamin Greatiam 10
10MTofenrichedCuox?
CU
! < 500 ppm +1.0MozAunotunrealistic
! 5 00 - 5 000 ppm
! 5 000 - 10000 ppm
! > 10000 ppm

57
Jasperoide:EWSection

58
CorporateDevelopment

59
LakeShoreGold
Ownership:38%
LargelandpropertiesintheprolificTimminsGoldCampin
Ontario,Canada
Rapidlyevolvingtoproductionstagein2010,commercial
productionexpectedinQ42010
Potentialtoproduceover300,000ouncesofgoldby2013
Lowcostproduction
Reserves&Resources

43101 Tonnes Grade KOz


compliant (MM) (g/t Au) Au
Timmins 43101 4.3 7.15 1.0
BellCreek Non43101 0.5 7.91 0.2
Vogel Non43101 1.6 12.20 0.6
Schumacher Non43101 0.2 5.99 0.0
GoldRiver 43101 4.2 3.30 0.4
Trend
TOTAL 10.7 6.50 2.2

Source:PublicinformationfromLakeShoreGoldCorp.
60
LakeShoreGold

Explorationupside:

Area Width(m) Au(g/t)


ThunderCreek 83.40 12.75
TimminsMine 22.50 8.84

BellCreekComplex 14.40 12.67

Latestdevelopments:
2010Expectedproduction:50Koz fromTimminsand15Koz
fromBellCreekandThunderCreek
Companyanticipatesending2010atmonthlyproduction
rateof10Koz
CurrentlyworkingtowardspreparingNI43101compliant
resourceestimatesforBellCreekandThunderCreek
BellCreekMillexpansion:Phaseone(from1,500to2,000
tpd)inprogress,completionscheduledforQ42010
ThunderCreek:
200Ldriftdriven850mts(75%complete)
650Ldriftdriven280mts(35%complete)

Source:PublicinformationfromLakeShoreGoldCorp.
61
LakeShoreGold:GoldRiverTrend

62
LakeShoreGold:BellCreekComplex

63
GoldResourceCorporation

LocatedinsouthernMexico,30%ownership
Production target of 70,000 ounces of gold in
first12monthscommercialproduction
Commercial production expected to begin in
2010
Latestdevelopments:
February: El Aguila Mill produced its first
gold and silver concentrate and
announcementofanexplorationprogramme
expansionof6,000mts
April: El Aguila Mill shipped its first
concentrateforsaletoCormin Mexico
May: GRC continues to rampup nearing
Commercial Production at the El Aguila
project
(1)Operationsneedtoachieve+80%metallurgicalrecovery
rangeat+80%throughputcapacity

64 64
GoldResourceCorporation

Explorationupside
Width(m) Au(g/t) Ag(g/t)
0.73 9.87 598.0
0.55 0.07 91.4
0.64 14.20 80.4
0.30 9.05 57.0
0.73 0.49 136.0
Source: Company press release 02-jun-2010 (El Aguila
project)

EstimatesofinplacemineralizedmaterialattheArista
deposit(ElAguila Project):
Tonnes Au Moz Au
Ag(g/t) Cu% Pb % Zn%
(million) (g/t) Eq
3.0 6.50 506.0 0.60 2.24 6.75 2.3
Source: Company press release 01-dec-2009

65
GoldResourceCorporation(GRC):Significant
potential
ElAguila openpit Arista vein

66

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