PLAN DE PRODUCCION

Mina Don Mario 1 (*) 2 3 4 5 6 7 8 9 10 11 12 Total

TMS 859 2,824 1,601 2,162 463 3,650 2,239 2,097 302 16,199
% Pb 3.41 3.41 3.41 3.41 3.41 3.41 3.41 3.41 3.41 3.41
% Zn 10.56 10.56 10.56 10.56 10.56 10.56 10.56 10.56 10.56 10.56
opt Ag 3.42 3.42 3.42 3.42 3.42 3.42 3.42 3.42 3.42 3.42 3.42 3.42 3.36
GOLDEN MOUNTAIN ATILUD
DESARROLLO Y PREPARACIONES
31 dias 28 dias 31 dias 30 dias 31 dias 30 dias 30 dias 31 dias 30 dias
DESARROLLO MINA SECCION 1 Días 2 Días 3 Días 4 Días 5 Días 6 Días 7 Días 8 Días 9 Dias 10 11 12 TOTAL
PRIMERA ETAPA
Rampa (Nivel 4250) m. 4.5x4 134 21.6 135.00
Galeria (Nv 4250) m. 3x3 31 5.0 80.00 12.90 15.00
Crucero m. 3x3 25 4.0
Galeria (Nv 4250) m. 3x3 0.0 46.50 7.50 35.00 5.65 15.00
Chimenea simple (Nv 4225) m. 1.2x2.4 0.00 0.0 20.00 0.00 40.00 14.29 46.00 21.70 170.00
Chimenea simple (Nv 4225) m. 1.2x2.4 0.00 0.0 20.00 7.14 20.00 0.00 46.00 21.70 170.00
SEGUNDA ETAPA m. 0.00
Rampa (Nivel 4225) m. 4.5 x 4 152.00 24.52 60.00 18.75
Ventana 1 (Nv 4225) m. 2.5 x 2.5 18.00 18.00 36.00 72.00
Chimenea simple (Nv 4225) m. 1.2 x 2.4 60.00 7.14 40.00 14.29
Galeria (Nv 4225) m. 3 x3 130.80 21.10 66.20 10.68
Crucero m. 3x3 12.40 2.00 12.60 2.03
TOTAL MTS. m. 190 20 95 92 195.40 221.40 124.20 0.00 96.00 0.00 0.00 0.00 1034.00

PREPARACIONES SECCION 1 2 3 4 5.00 6.00 7.00 8.00 9.00 10.00 11.00 12.00 TOTAL
PRIMERA ETAPA
Chimeneas (Nv 4250) 1.5 x 1.5 0.00 40.00 40.00
Subniveles (Nv 4250/ T1, T2, T3,T4) 1.1 x 2.4 32 0.00 35.0 10.94 95.4 29.81 9.60 3.00 21.00 87.50 31.25 37.20 11.63 404.33
Ventanas 2.5x2.5 18 0.00 18.0 0.00 72 0.00 0.00 21.00 72.00 201.00
inclinados 2.5x2.5 12.0 0.00 40 60.00 1.50 28.00 5.00 146.50
0.00
TOTAL m. 31 50 28 65 31 207 30 69.60 31 0 30 110 30 160 31 37 30 0 0 0 792
GOLDEN MOUNTAIN ATILUD
PLAN DE PRODUCCION Y CONCENTRADOS - 2014

1 (*) 2 3 4 5 6 7 8 9
Mineral de Cabeza TMS 859.32 2,824.30 1,601.29 2,161.72 463.03 3,650.17 2,239.31 2,097.48 302.48
% Pb 3.41 3.41 3.41 3.41 3.41 3.41 3.41 3.41 3.41
% Zn 10.56 10.56 10.56 10.56 10.56 10.56 10.56 10.56 10.56
oz/t Ag 3.42 3.42 3.42 3.42 3.42 3.42 3.42 3.42 3.42

Concentrado Pb-Ag TMS 12,020.64 6,815.34 6,815.34 9,200.59 1,970.75 15,535.67 9,530.86 8,927.19 1,287.40
% Pb 62.89 62.89 62.89 62.89 62.89 62.89 62.89 62.89 62.89
% Zn 17.02 17.02 17.02 17.02 17.02 17.02 17.02 17.02 17.02
oz/t Ag 77.24 77.24 77.24 77.24 77.24 77.24 77.24 77.24 77.24

% Recuperación % Pb 92.19% 92.19% 92.19% 92.19% 92.19% 92.19% 92.19% 92.19% 92.19%
% Zn 8.06% 8.06% 8.06% 8.06% 8.06% 8.06% 8.06% 8.06% 8.06%
% Ag 44.28% 44.28% 44.28% 44.28% 44.28% 44.28% 44.28% 44.28% 44.28%

Concentrado Zinc TMS 178.24 585.83 332.15 448.39 96.05 757.14 464.49 435.07 62.74
% Pb 0.70 0.70 0.70 0.70 0.70 0.70 0.70 0.70 0.70
% Zn 53.32 53.32 53.32 53.32 53.32 53.32 53.32 53.32 53.32
oz/t Ag 1.12 1.12 1.12 1.12 1.12 1.12 1.12 1.12 1.12

% Recuperación % Pb 3.45% 3.45% 3.45% 3.45% 3.45% 3.45% 3.45% 3.45% 3.45%
% Zn 84.83% 84.83% 84.83% 84.83% 84.83% 84.83% 84.83% 84.83% 84.83%
% Ag 4.42% 4.42% 4.42% 4.42% 4.42% 4.42% 4.42% 4.42% 4.42%

(*) Inicio del Proyecto Don Mario Setiembre 2014

DUCCION Y CONCENTRADOS - 2014

10 11 12 TOTAL
0.00 0.00 0.00 16,199.11
3.41 3.41 3.41 3.41
10.56 10.56 10.56 10.56
3.42 3.42 3.42 3.42

0.00 0.00 0.00 72,103.77

62.89 62.89 62.89 62.89
17.02 17.02 17.02 17.02
77.24 77.24 77.24 77.24

92.19% 92.19% 92.19% 92.19%

8.06% 8.06% 8.06% 8.06%
44.28% 44.28% 44.28% 44.28%

0.00 0.00 0.00 72,103.77

0.70 0.70 0.70 0.70
53.32 53.32 53.32 53.32
1.12 1.12 1.12 1.12

3.45% 3.45% 3.45% 3.45%

84.83% 84.83% 84.83% 84.83%
4.42% 4.42% 4.42% 4.42%
 PRECIOS
Plomo 2,259.00
Zinc 2,359.00 BALANCE METALURGICO MINA DON MARIO - INF.CORMIN JUL - 2012
PROYECCION DE VALORIZACION - MINA DON MARIO Plata 19.47 Actualizado a Agosto - 29 - 2014
Oro 1,285.75
3.42 3.41 10.56 CORMIN
E N S A Y E S % CONTENIDO METALICO RECUPERACIONES % VALOR E N S A Y E S % CONTENIDO METALICO RECUPERACIONES % VALOR
PRODUCTO TMS %Peso PRODUCTO TMS %Peso
ozAg %Pb %Zn Ag Pb Zn Ag Pb Zn $/t $ RC ozAg %Pb %Zn Ag Pb Zn Ag Pb Zn $/t $ RC
Mes 1 Mes 1
Cabeza 859.32 100.00 3.42 3.41 10.56 3,239.52 29.30 90.74 100.00 100.00 100.00 230.05 197,687 Cabeza 60,000.00 100.00 3.42 3.41 10.56 226,191.96 2,046.00 6,336.00 100.00 100.00 100.00 211.25 12,674,802
Conc. Plomo 42.96 5.00 77.24 62.89 17.02 3,657.39 27.02 7.31 90.79 92.19 8.06 1,889.39 81,162 20.00 Conc. Plomo 2,999.34 5.00 77.24 62.89 17.02 255,369.00 1,886.29 510.49 90.79 92.19 8.06 1,936.83 5,809,214 20.00
Conc. Zinc 144.38 16.80 1.12 0.70 53.32 178.24 1.01 76.98 4.42 3.45 84.83 807.09 116,525 5.95 Conc. Zinc 10,080.80 16.80 1.12 0.70 53.32 12,445.51 70.57 5,375.08 4.42 3.45 84.83 681.06 6,865,588 5.95
Relave 671.99 78.20 0.26 0.19 0.96 192.59 1.28 6.45 4.78 4.36 7.11 Relave 46,919.86 78.20 0.26 0.19 0.96 13,447.14 89.15 450.43 4.78 4.36 7.11
CABEZA CALCULADA 4,028.23 29.30 90.74 CABEZA CALCULADA 281,261.65 2,046.00 6,336.00
Mes 2
Cabeza 2824.30 100.00 3.42 3.41 10.56 10,647.23 96.31 298.25 100.00 100.00 100.00 230.05 649,731
Conc. Plomo 141.18 5.00 77.24 62.89 17.02 12,020.64 88.79 24.03 90.79 92.19 8.06 1,889.39 266,752 20.00
Conc. Zinc 474.52 16.80 1.12 0.70 53.32 585.83 3.32 253.01 4.42 3.45 84.83 807.09 382,979 5.95
Relave 2208.59 78.20 0.26 0.19 0.96 632.98 4.20 21.20 4.78 4.36 7.11
CABEZA CALCULADA 13,239.45 96.31 298.25

Mes 3
Cabeza 1601.29 100.00 3.42 3.41 10.56 6,036.66 54.60 169.10 100.00 100.00 100.00 230.05 368,378
Conc. Plomo 80.05 5.00 77.24 62.89 17.02 6,815.34 50.34 13.62 90.79 92.19 8.06 1,889.39 151,240 20.00
Conc. Zinc 269.04 16.80 1.12 0.70 53.32 332.15 1.88 143.45 4.42 3.45 84.83 807.09 217,138 5.95
Relave 1252.21 78.20 0.26 0.19 0.96 358.88 2.38 12.02 4.78 4.36 7.11
CABEZA CALCULADA 7,506.37 54.60 169.10
Mes 4
Cabeza 2161.72 100.00 3.42 3.41 10.56 8,149.38 73.71 228.28 100.00 100.00 100.00 230.05 497,304
Conc. Plomo 108.06 5.00 77.24 62.89 17.02 9,200.59 67.96 18.39 90.79 92.19 8.06 1,889.39 204,172 20.00
Conc. Zinc 363.20 16.80 1.12 0.70 53.32 448.39 2.54 193.66 4.42 3.45 84.83 807.09 293,132 5.95
Relave 1690.46 78.20 0.26 0.19 0.96 484.48 3.21 16.23 4.78 4.36 7.11
CABEZA CALCULADA 10,133.47 73.71 228.28
Mes 5
Cabeza 463.03 100.00 3.42 3.41 10.56 1,745.58 15.79 48.90 100.00 100.00 100.00 230.05 106,521
Conc. Plomo 23.15 5.00 77.24 62.89 17.02 1,970.75 14.56 3.94 90.79 92.19 8.06 1,889.39 43,733 20.00
Conc. Zinc 77.80 16.80 1.12 0.70 53.32 96.05 0.54 41.48 4.42 3.45 84.83 807.09 62,788 5.95
Relave 362.09 78.20 0.26 0.19 0.96 103.77 0.69 3.48 4.78 4.36 7.11
CABEZA CALCULADA 2,170.57 15.79 48.90
Mes 6
Cabeza 3650.17 100.00 3.42 3.41 10.56 13,760.65 124.47 385.46 100.00 100.00 100.00 208.88 762,430
Conc. Plomo 182.47 5.00 77.24 62.89 17.02 15,535.67 114.75 31.06 90.79 92.19 8.06 1,889.39 344,754 20.00
Conc. Zinc 613.28 16.80 1.12 0.70 53.32 757.14 4.29 327.00 4.42 3.45 84.83 681.06 417,676 5.95
Relave 2854.42 78.20 0.26 0.19 0.96 818.07 5.42 27.40 4.78 4.36 7.11
CABEZA CALCULADA 17,110.88 124.47 385.46
Mes 7
Cabeza 2239.31 100.00 3.42 3.41 10.56 8,441.91 76.36 236.47 100.00 100.00 100.00 211.25 473,048
Conc. Plomo 111.94 5.00 77.24 62.89 17.02 9,530.86 70.40 19.05 90.79 92.19 8.06 1,936.83 216,811 20.00
Conc. Zinc 376.23 16.80 1.12 0.70 53.32 464.49 2.63 200.61 4.42 3.45 84.83 681.06 256,237 5.95
Relave 1751.14 78.20 0.26 0.19 0.96 501.87 3.33 16.81 4.78 4.36 7.11
CABEZA CALCULADA 10,497.22 76.36 236.47
Mes 8
Cabeza 2097.48 100.00 3.42 3.41 10.56 7,907.22 71.52 221.49 100.00 100.00 100.00 232.42 487,500
Conc. Plomo 104.85 5.00 77.24 62.89 17.02 8,927.19 65.94 17.85 90.79 92.19 8.06 1,936.83 203,079 20.00
Conc. Zinc 352.40 16.80 1.12 0.70 53.32 435.07 2.47 187.90 4.42 3.45 84.83 807.09 284,421 5.95
Relave 1640.22 78.20 0.26 0.19 0.96 470.09 3.12 15.75 4.78 4.36 7.11
CABEZA CALCULADA 9,832.34 71.52 221.49
Mes 9
Cabeza 302.48 100.00 3.42 3.41 10.56 1,140.31 10.31 31.94 100.00 100.00 100.00 230.05 69,586
Conc. Plomo 15.12 5.00 77.24 62.89 17.02 1,287.40 9.51 2.57 90.79 92.19 8.06 1,889.39 28,569 20.00
Conc. Zinc 50.82 16.80 1.12 0.70 53.32 62.74 0.36 27.10 4.42 3.45 84.83 807.09 41,017 5.95
Relave 236.54 78.20 0.26 0.19 0.96 67.79 0.45 2.27 4.78 4.36 7.11
CABEZA CALCULADA 1,417.94 10.31 31.94
Mes 10
Cabeza #DIV/0! 3.42 3.41 10.56 - - - #DIV/0! #DIV/0! #DIV/0! #DIV/0! 0
Conc. Plomo 0.00 #DIV/0! 77.24 62.89 17.02 - - - #DIV/0! #DIV/0! #DIV/0! 1,936.83 0 #DIV/0!
Conc. Zinc 0.00 #DIV/0! 1.12 0.70 53.32 - - - #DIV/0! #DIV/0! #DIV/0! 681.06 0 #DIV/0!
Relave 0.00 #DIV/0! 0.26 0.19 0.96 - - - #DIV/0! #DIV/0! #DIV/0!
CABEZA CALCULADA - - -
Mes 11
Cabeza #DIV/0! 3.42 3.41 10.56 - - - #DIV/0! #DIV/0! #DIV/0! #DIV/0! 0
Conc. Plomo 0.00 #DIV/0! 77.24 62.89 17.02 - - - #DIV/0! #DIV/0! #DIV/0! 1,936.83 0 #DIV/0!
Conc. Zinc 0.00 #DIV/0! 1.12 0.70 53.32 - - - #DIV/0! #DIV/0! #DIV/0! 681.06 0 #DIV/0!
Relave 0.00 #DIV/0! 0.26 0.19 0.96 - - - #DIV/0! #DIV/0! #DIV/0!
CABEZA CALCULADA - - -
Mes 12
Cabeza #DIV/0! 3.42 3.41 10.56 - - - #DIV/0! #DIV/0! #DIV/0! #DIV/0! 0
Conc. Plomo 0.00 #DIV/0! 77.24 62.89 17.02 - - - #DIV/0! #DIV/0! #DIV/0! 1,936.83 0 #DIV/0!
Conc. Zinc 0.00 #DIV/0! 1.12 0.70 53.32 - - - #DIV/0! #DIV/0! #DIV/0! 681.06 0 #DIV/0!
Relave 0.00 #DIV/0! 0.26 0.19 0.96 - - - #DIV/0! #DIV/0! #DIV/0!
CABEZA CALCULADA - - -
GOLDEN MOUNTAIN ATILUD

CLEARANCE OF LEAD
expressed in U.S. dollars

PRODUCT: LEAD/SILVER CONCENTRATES LOT :

PRODUCER: CORPORACION CONTINENTAL - FACULTAD DE INGENIERIA CLOSE DATE : PRODUCER
VALUE DATE :

WMT: 2,867.38 PRICES LAWS Leyes Finales según Dirimencias

H2O: 10.000% 286.738 PB LOW 4LME 2314.410 $/FMT PB %: 62.89 AS %: 0.567
DMT: 2580.642 AG LONDON SPOT 1835.000 C$/OZ AG Oz/Tc: 77.24 SB %: 0.243
MURMA: 0.500% 12.903 AU LONDON FINAL 1259.910 $/OZ AU Oz/Tc: 0.000 BI %: 0.717
DMNT 2567.739 ZN %: 17.02
Elemento

PAYABLES PER DMT %

PB: 62.890 x 95% (MD 3 Unid.) = 59.890 % x 2314.410 $/FMT 1,386.100
AG. 85.142 -1.500 Oz/Dmt x 93.000% = 77.787 Oz/Dmt x 1706.550 C$/OZ 1,327.474
AU: 0.000 -0.048 Oz/Dmt x 85.000% = 0.000 Oz/Dmt x 1259.910 $/OZ 0.00
###
TOTAL PAYABLES US$ 2,713.574
DEDUCTIONS AG
TREATMENT CHARGE: 330.000
SCALE THE PRICE
PB: $/DMT 2314.410 -1600.000 $/Dmt x 714.410 $/Dmt x 0.150 $/DMT / 1.000 cts $/lb= 107.162
REFINING CHARGE Promedio Ag:
AG: 77.787 Oz/Dmt x 4.8 $/Oz 18.35 30 -11.65 0.1 = 282.756
AU: 0.000 Oz/Dmt x 8.00 $/Oz = 0.000
PENALTY:
AS : 0.567 % - 0.700 = 0.000 % x 4.00 $/DMT / 0.10% = 0.000
AS : 0.567 % - 0.300 = 0.267 % x 2.50 $/DMT / 0.10% = 6.675
SB : 0.243 % - 0.700 = 0.000 % x 4.00 $/DMT / 0.10% = 0.000
SB : 0.243 % - 0.300 = 0.000 % x 2.50 $/DMT / 0.10% = 0.000
BI : 0.717 % - 0.200 = 0.517 % x 1.50 $/DMT / 0.01% = 77.550
ZN : 17.020 % - 7.000 = 10.020 % x 2.00 $/DMT / 1.00% = 20.040
** Saldo para
TOTAL DEDUCTIONS US$ -824.183

VALUE US$/DMT 1,889.391

02/28/2018
Página 6
03:52:50
 CAPEX 2017

Rubro I Rubro II Rubro III DENOMINACION DE INVERSION 2,017

Convenios $67,143
COMUNIDADES APOYO SOCIAL
Apoyo Social Comunitario $20,000
Grupo Electrogeno Diesel 10 Hp/220V $2,000
ADMINISTRACION
Construccion y rehabilitacion Oficinas y campamento $5,000
INFRAESTRUCTURA GENERAL
Interconexion de la Unidad - Trasmision Voz y datos $1,500
Construccion de grifo $5,000
Administracion $100,643
PRIMERA ETAPA
Rampa $90,573
Crucero $12,187
Chimenea simple $340
SEGUNDA ETAPA
MINA DESARROLLOS AVANCE

Rampa $143,295
Crucero $12,187

Desarrollos Mina $258,582

PRIMERA ETAPA
Galeria
Chimenea $11,291
MINA PREPARACIONES AVANCE Ventanas $78,141
Subniveles $80,165
Inclinados $54,426
Preparaciones Mina $224,023
Bombas de agua y arrancadores (2) $10,000
Ventilador de 30,000 Cfm $20,000
MINA EQUIPOS GENERAL
Grupo electrogeno $30,000
Alquiler de compresoras (2) $40,000
Equipos Mina $100,000
Estudios de Impacto Ambiental $18,000
MEDIO AMBIENTE
SEGURIDAD Y Infraestructura Mina $5,000
MEDIO AMBIENTE Alarmas de contingencia Mina $1,000
SEGURIDAD EQUIPOS
Implementacion de sistema de Seguridad $3,000
Seguridad y Medio Ambiente $27,000
TOTAL GENERAL $710,248
GOLDEN MOUNTAIN ATILUD

CLEARANCE OF ZINC
expressed in U.S. dollars

PRODUCT: ZINC CONCENTRATES LOT :

PRODUCER: CORPORACION CONTINENTAL - FACULTAD DE INGENIERIA CLOSE DATE :
VALUE DATE :

WMT: 10030.679 PRICES LAWS Leyes Compositos

H2O: 10.000% 1003.068 ZN LOW 4LME (p) 2770.110 $/FMT ZN %: 53.32 AS %: 0.305
DMT: 9027.611 AG LONDON SPOT (p) 1835.000 C$/OZ AG Oz/Tc: 1.12 SB %: 0.144
MURMA: 0.500% 45.138 AU LONDON FINAL 1259.910 C$/OZ AU Oz/Tc: 0.000 FE %: 6.800
DMNT 8982.473 SIO2 %: 1.660
HG PPM: 12.000

PAYABLES PER DMT

ZN: 53.320 x 85% (MD 8 Unid.) = 45.320 % x 2770.110 $/FMT 1255.414
AG. 1.235 -3.000 Oz/Dmt x 70.000% = -1.236 Oz/Dmt x 1835.000 C$/OZ -22.681
AU: 0.000 -0.048 Oz/Dmt x 70.000% = 0.000 Oz/Dmt x 1259.910 C$/OZ 0.00
TOTAL PAYABLES US$ 1,232.733
DEDUCTIONS
TREATMENT CHARGE: 280.000
SCALE THE PRICE
ZN: $/DMT 2770.110 -1800.000 $/DMT 970.110 $/DMT x 0.150 $/DMT / 1.000 = 145.517

PENALTY:
AS : 0.305 % - 0.700 = 0.000 % x 4.00 $/DMT / 0.10% = 0.000
AS : 0.305 % - 0.300 = 0.005 % x 2.50 $/DMT / 0.10% = 0.128
SB : 0.144 % - 0.700 = 0.000 % x 4.00 $/DMT / 0.10% = 0.000
SB : 0.144 % - 0.300 = 0.000 % x 2.50 $/DMT / 0.10% = 0.000
FE : 6.800 % - 8.000 = 0.000 % x 2.00 $/DMT / 1.00% = 0.000
SIO2 : 1.660 % - 3.000 = 0.000 % x 2.00 $/DMT / 1.00% = 0.000
HG : 12.000 ppm - 50.000 = 0.000 % x 1.50 $/DMT / 10 ppm = 0.000

TOTAL DEDUCTIONS US$ -425.645

VALUE US$/DMT 807.088

02/28/2018
8
03:52:50
 OPEX 2017

1 2 3 4 5 6 7 8 9 10 11 12 Total 2017

Producción (ton/mes) 859 2,824 1,601 2,162 463 3,650 2,239 2,097 302 16,199

POR CENTRO DE COSTO

Mina 208,413 207,073 114,688 119,434 77,343 230,436 177,247 118,872 94,112 1,347,617

Costo fijo

Costo Variable

Tratamiento de Mineral 11,718 56,032 22,600 22,600 22,600 62,848 39,342 22,600 22,600 282,940

Costo fijo

Costo Variable

Medio Ambiente 2,500 0 0 0 0 0 0 0 0 2,500

Costo fijo

Costo Variable

Administracion 10,220 10,220 10,220 10,220 10,220 10,220 10,220 10,220 10,220 60,000

Costo fijo

Costo Variable

Asuntos Comunales 87,143 0 0 0 0 0 0 0 0 87,143

Costo fijo

Costo Variable

Ventas y Comercialización 0 152,435 61,321 61,321 61,321 171,011 106,950 61,321 61,321 737,000

Costo fijo

Costo Variable

TOTAL 319,994 425,760 208,829 213,575 171,484 474,515 333,759 213,012 188,253 2,517,200

372.38 151 130 99 370 130 149 102 622

GOLDEN MOUNTAIN ATILUD
FLUJO DE INGRESOS Y MARGEN OPERATIVO
1 2 3 4 5 6 7 8 9 10 11 12 TOTAL
PRECIO DE METALES
Plomo $/TMF 2,259.00 2,259.00 2,259.00 2,259.00 2,259.00 2,259.00 2,259.00 2,259.00 2,259.00 2,259.00 2,259.00 2,259.00 2,259
Zinc $/TMF 2,359.00 2,359.00 2,359.00 2,359.00 2,359.00 2,359.00 2,359.00 2,359.00 2,359.00 2,359.00 2,359.00 2,359.00 2,359
Plata $/Oz 19.47 19.47 19.47 19.47 19.47 19.47 19.47 19.47 19.47 19.47 19.47 19.47 19.47
Oro $/Oz 1,285.75 1,285.75 1,285.75 1,285.75 1,285.75 1,285.75 1,285.75 1,285.75 1,285.75 1,285.75 1,285.75 1,285.75 1,286

PRODUCCION MINERAL
TMS 859.32 2,824.30 1,601.29 2,161.72 463.03 3,650.17 2,239.31 2,097.48 302.48 0.00 0.00 0.00 16,199
% Pb 3.41 3.41 3.41 3.41 3.41 3.41 3.41 3.41 3.41 3.41 3.41 3.41 3.41
% Zn 10.56 10.56 10.56 10.56 10.56 10.56 10.56 10.56 10.56 10.56 10.56 10.56 10.56
oz/t Ag 3.42 3.42 3.42 3.42 3.42 3.42 3.42 3.42 3.42 3.42 3.42 3.42 3.42

CAPACIDAD TRATAMIENTO PLANTA

TMS/día 28 101 53 72 15 122 72 68 10 - - -

COSTO
Mina US$ 208,413 207,073 114,688 119,434 77,343 230,436 177,247 118,872 94,112 141,647 251,512 121,243 1,862,019
Tratamiento de Mineral US$ 11,718 56,032 22,600 22,600 22,600 62,848 39,342 22,600 22,600 31,181 67,429 22,600 404,150
Medio Ambiente US$ 2,500 0 0 0 0 0 0 0 0 0 0 0 2,500
Administración US$ 10,220 10,220 10,220 10,220 10,220 10,220 10,220 10,220 10,220 10,220 10,220 10,220 122,640
Asuntos Comunales US$ 87,143 0 0 0 0 0 0 0 0 0 0 0 87,143
Comercialización US$ 0 152,435 61,321 61,321 61,321 171,011 106,950 61,321 61,321 84,706 183,497 61,321 1,066,523
TOTAL US$ 230,351 273,325 147,508 152,254 110,163 303,504 226,809 151,692 126,932 183,048 329,161 154,063 2,388,810
US$/t 268.06 96.78 92.12 70.43 237.91 83.15 101.29 72.32 419.64 #DIV/0! #DIV/0! #DIV/0! 147.47

PRODUCCION CONCENTRADOS
Concentrado Pb-Ag TMS 859.32 2,824.30 1,601.29 2,161.72 463.03 3,650.17 2,239.31 2,097.48 302.48 0.00 0.00 0.00 16,199.11
Concentrado Zinc TMS 10,080.80 10,080.80 10,080.80 10,080.80 10,080.80 10,080.80 16,801.33 16,801.33 16,801.33 16,801.33 16,801.33 16,801.33 161,292.76
10,940.12 12,905.10 11,682.09 12,242.51 10,543.83 13,730.97 19,040.64 18,898.81 17,103.81 16,801.33 16,801.33 16,801.33 177,491.87
INGRESOS
Cc Plomo US$ 1,664,355.90 5,470,183.05 3,101,428.78 4,186,875.17 896,819.38 7,069,754.34 4,337,168.30 4,062,460.09 585,853.28 0.00 0.00 0.00 31,374,898.27
Cc Zinc US$ 6,865,587.59 6,865,587.59 6,865,587.59 6,865,587.59 6,865,587.59 6,865,587.59 11,442,645.98 11,442,645.98 11,442,645.98 11,442,645.98 11,442,645.98 11,442,645.98 109,849,401.45

MARGEN OPERATIVO
Ingresos US$ 8,529,943 12,335,771 9,967,016 11,052,463 7,762,407 13,935,342 15,779,814 15,505,106 12,028,499 11,442,646 11,442,646 11,442,646 141,224,300
Egresos US$ 230,351 273,325 147,508 152,254 110,163 303,504 226,809 151,692 126,932 183,048 329,161 154,063 2,388,810
MARGEN OPERATIVO NETO US$ 8,299,592.45 12,062,445.55 9,819,508.46 10,900,208.76 7,652,244.06 13,631,838.27 15,553,005.13 15,353,414.47 11,901,567.12 11,259,598.32 11,113,484.63 11,288,582.81 138,835,490.03
US$/t 9,658.33 4,270.95 6,132.24 5,042.39 16,526.28 3,734.58 6,945.43 7,319.93 39,346.54 #DIV/0! #DIV/0! #DIV/0! 8,570.56

(*) Inicio del Proyecto Don Mario Setiembre 2014

 Unidad Centro de Responsabilidad Elemento de costo CF-CV
Don Mario Mina Alquileres Fijo
Don Mario Mina Alquileres Fijo
Don Mario Mina Alquileres Fijo
Don Mario Mina Mano de Obra Fijo
Don Mario Mina Mano de Obra Fijo
Don Mario Mina Mano de Obra Fijo
Don Mario Mina Mano de Obra Fijo
Don Mario Mina Mano de Obra Fijo
Don Mario Mina Miscelaneos Fijo
Don Mario Mina Suminsitros Variable
Don Mario Mina Servicios Variable
Don Mario Mina Servicios Variable
Don Mario Mina Servicios Variable
Don Mario Mina Servicios Variable
Don Mario Mina Servicios Variable
Don Mario Mina Servicios Variable
Don Mario Mina Servicios Variable
Don Mario Mina Servicios Variable
Don Mario Mina Servicios Variable
Don Mario Mina Servicios Variable
Don Mario Mina Servicios Variable
Don Mario Mina Servicios Variable
Don Mario Mina Servicios Variable
Don Mario Mina Servicios Variable
Don Mario Mina Servicios Variable
Don Mario Mina Servicios Variable
Don Mario Mina Servicios Variable
Don Mario Mina Servicios Variable
Don Mario Mina Servicios Variable
Don Mario Mina Servicios Variable
MINA
Don Mario Planta Servicios Variable
Don Mario Planta Servicios Variable
Don Mario Planta Servicios Variable
Don Mario Planta Servicios Variable
Don Mario Planta Servicios Variable
Don Mario Planta Mano de Obra Fijo
Don Mario Planta Mano de Obra Fijo
Don Mario Planta Servicios Fijo
Don Mario Planta Miscelaneos Fijo
PLANTA
Don Mario Comercializacion Servicios Variable
Don Mario Comercializacion Servicios Variable
Don Mario Comercializacion Fijo
Don Mario Comercializacion Servicios Variable
COMERCIAL
Don Mario Medio Ambiente Servicios Fijo
Don Mario Medio Ambiente Servicios Fijo
Don Mario Medio Ambiente Servicios Fijo
Don Mario Medio Ambiente Servicios Fijo
Don Mario Medio Ambiente Servicios Fijo
Don Mario Medio Ambiente Servicios Fijo
MEDIO AMBIENTE
Don Mario Administracion Mano de Obra Fijo
Don Mario Administracion Mano de Obra Fijo
Don Mario Administracion Servicios Fijo
Don Mario Administracion Servicios Fijo
Don Mario Administracion Servicios Fijo
Don Mario Administracion Servicios Fijo
ADMINISTRACION
Don Mario Costo Oportunidad Fijo
Don Mario Asuntos Comunales Fijo
Don Mario Asuntos Comunales Fijo
COMUNIDAD
 Descripcion de labor US$ Unid Cant 1 2
Compresora 1050 50 hr 1 0 200
Grupo Electrógeno 150 Kw 15 hr 1 300 200
Camioneta 65 dia 1 30 31
Jefe de Mina 2360 mes 1 1 1
Supervisor de Seguridad 1770 mes 1 1 1
Chofer 42.5 dia 1 30 31
Compesorista 42.5 día 1 0 31
Vigilante 34 día 1 30 31
Viaticos 28 mes 2 60 62
Petroleo 4.54 gls 50 1500 1550
Bombeo 15000 mes 1 1 0
Cableado electrico hasta Nv. 4250 30000 mes 1 1 0
Nivel 4250 - Rehabilitacion 10 mt 1000 500 500
Galeria Nv 4250 388.76 mt 0 50
Chimenea doble (Nivel 4250 - Servic) 298.21 mt 0 0
Rampa (Nivel 4225) 496.54 mt 0 0
Ventana 1 (Nivel 4225) 388.76 mt 0 0
Chimenea simple (Nv. 4225) 282.27 mt 0 0
Galeria (Nv.4225) 388.76 mt 0 0
Refugios (Rampa 225) - 3 496.54 mt 0 0
Chimenea (Nivel 4250) 282.27 mt 0 20
Subnivel (Nv.4250 /T1,T2,T3,T4) 271.02 mt 0 0
Ventanas (NV.4250) -12 388.76 m. 0 0
Inclinados (Nv.4250) - 12 298.21 m 0 0
Chimenea (Niv. 4225) 282.27 m 0 0
Subnivel (Niv. 4225) 271.02 m 0 0
Ventanas (Niv. 4225) - 12 388.76 m 0 0
Inclinados (Niv. 4225) - 12 298.21 m 0 0
Rehabilitacion carretera Mina planta Az 4000 km 2 0 0
Explotacion (Tajo) 25 t 0 511

Transporte de mineral - San Valentín 15 tm 0 511

Analisis Pb, Zn, As, Sb, Bi 29.568 unid 10 10
Analisis Ag + Au 53.76 unid 5 5
Pruebas metalúrgicas 50 unid 0 2
Tratamiento de Mineral 48 tmh 0 511
Controlador volquetes 51 día 1 0 31
Peones 42.5 dia 2 60 62
Alquiler de Vivienda 0 mes 1 1
Viaticos 12 dia 5 150 155

Supervisión de Entrega de Concentrad 90.168 tmh 0 25.54440281

Analisis Pb, Zn, As, Sb, Bi 29.568 unid 0 20
Viaticos 50 viaje 4 0 80
Transporte de concentrado 35 tmh 0 111.3991945

Estudios de Impacto Ambiental 18000 unid 1 0

Infraestructura Mina 5000 Unid 0.5 0.5
Alarmas de contingencia Mina 1000 Unid 1
Implementacion de sistema de Segurid 3000 unid 0.5 0.5
Asesoria Medio Ambiente 3000 mes 1 0 0
Gastos de representación 400 mes 1 0 0

Gerencia - Ingeniería 2500 3 3 3

Administrativos 1360 2 2 2
Grupo Electrogeno Diesel 10 Hp/220V 2000 unid 1 1 0
Construccion y rehabilitacion Oficinas 5000 unid 1 1 0
Interconexion de la Unidad - Trasmisio 1500 unid 1 1 0
Construccion de grifo 5000 unid 1 1 0

Convenio 60000 Año 1 1 0

Convenio 7143 Año 1 1 1
Acuerdo por partes 0 mes 11 0 1
 HORAS - MES
3 4 5 6 7 8 9 10
200 200 200 200 200 200 200 200
200 200 200 200 200 200 200 200
30 31 31 28 31 30 31 30
1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1
30 31 31 28 31 30 31 30
30 31 31 28 31 30 31 30
30 31 31 28 31 30 31 30
60 62 62 56 62 60 62 60
1500 1550 1550 1400 1550 1500 1550 1500
0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0
70 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0
0 80 120 0 0 0 0 0
0 0 20 0 0 0 0 0
0 0 0 26 0 0 0 0
0 0 50 70 0 0 0 0
0 0 20 10 0 0 0 0
40 20 0 0 0 0 0 0
80 33 0 0 0 0 0 0
18 18 0 0 0 0 0 0
24 24 0 0 0 0 0 0
0 0 0 20 40 20 0 0
0 0 0 0 80 33 0 0
0 0 0 0 18 18 0 0
0 0 0 0 24 24 0 0
0 0 0 0 0 0 0 0
1274.84 2082.250667 2141.666667 2251.666667 2492.506667 2025.584 4133.333333 4000

1274.84 2082.250667 2141.666667 2251.666667 2492.506667 2025.584 4133.333333 4000

20 20 20 20 20 20 20 20
10 10 10 10 10 10 10 10
2 2 2 2 2 2 2 2
1274.84 2082.250667 2141.666667 2251.666667 2492.506667 2025.584 4133.333333 4000
30 31 31 28 31 30 31 30
60 62 62 56 62 60 62 60
1 1 1 1 1 1 1 1
150 155 155 140 155 150 155 150

63.72803616 104.0897256 107.0598748 112.5586699 124.5980319 101.257013 206.6213926 199.9561864

20 20 20 20 20 20 20 20
80 80 80 80 80 80 80 80
277.9180999 453.9355126 466.8883395 490.8685966 543.3722796 441.5820468 901.0763283 872.00935

0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0

3 3 3 3 3 3 3 3
2 2 2 2 2 2 2 2
0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0
1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1
 COSTO - MES
11 12 1 2 3 4 5 6
200 200 0 10000 10000 10000 10000 10000
200 200 4500 3000 3000 3000 3000 3000
31 30 1950 2015 1950 2015 2015 1820
1 1 2360 2360 2360 2360 2360 2360
1 1 1770 1770 1770 1770 1770 1770
31 30 1275 1317.5 1275 1317.5 1317.5 1190
31 30 0 1317.5 1275 1317.5 1317.5 1190
31 30 1020 1054 1020 1054 1054 952
62 60 1680 1736 1680 1736 1736 1568
1550 1500 6810 7037 6810 7037 7037 6356
0 0 15000 0 0 0 0 0
0 0 30000 0 0 0 0 0
0 0 5000 5000
0 0 0 19438 27213.2 0 0 0
0 0 0 0 0 0 0 0
0 0 0 0 0 39723.2 59584.8 0
0 0 0 0 0 0 7775.2 0
0 0 0 0 0 0 0 7339.02
0 0 0 0 0 0 19438 27213.2
0 0 0 0 0 0 9930.8 4965.4
0 0 0 5645.4 11290.8 5645.4 0 0
0 0 0 0 21681.6 8943.66 0 0
0 0 0 0 6997.68 6997.68 0 0
0 0 0 0 7157.04 7157.04 0 0
0 0 0 0 0 0 0 5645.4
0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0
4133.333333 4000 0 12775 31871 52056.26667 53541.66667 56291.66667
71378 74465.4 137351.32 152130.2467 181877.4667 131660.6867
4133.333333 4000 0 7665 19122.6 31233.76 32125 33775
20 20 295.68 295.68 591.36 591.36 591.36 591.36
10 10 268.8 268.8 537.6 537.6 537.6 537.6
2 2 0 100 100 100 100 100
4133.333333 4000 0 24528 61192.32 99948.032 102800 108080
31 30 0 1581 1530 1581 1581 1428
62 60 2550 2635 2550 2635 2635 2380
1 1 0 0 0 0 0 0
155 150 1800 1860 1800 1860 1860 1680
4914.48 38933.48 87423.88 138486.752 142229.96 148571.96
206.6213926 199.9561864 0 2303.287713 5746.229565 9385.562378 9653.374791 10149.19015
20 20 0 591.36 591.36 591.36 591.36 591.36
80 80 0 4000 4000 4000 4000 4000
901.0763283 872.00935 0 3898.971806 9727.133498 15887.74294 16341.09188 17180.40088
0 10793.61952 20064.72306 29864.66532 30585.82667 31920.95103
0 0 18000 0 0 0 0 0
0 0 2500 2500 0 0 0 0
0 0 1000 0 0 0 0 0
0 0 1500 1500 0 0 0 0
0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0
23000 4000 0 0 0 0
3 3 7500 7500 7500 7500 7500 7500
2 2 2720 2720 2720 2720 2720 2720
0 0 2000 0 0 0 0 0
0 0 5000 0 0 0 0 0
0 0 1500 0 0 0 0 0
0 0 5000 0 0 0 0 0
23720 10220 10220 10220 10220 10220
0 0 60000 0 0 0 0 0
1 1 7143 0 0 0 0 0
1 1 0 0 0 0 0 0
67143 0 0 0 0 0
190155.48 138412.4995 255059.9231 330701.664 364913.2533 322373.5977
270.8659482 200.0721056 158.8193339 170.3875113 143.1711019
OSTO - MES
7 8 9 10 11 12 TOTAL
10000 10000 10000 10000 10000 10000 110000
3000 3000 3000 3000 3000 3000 37500
2015 1950 2015 1950 2015 1950 23660
2360 2360 2360 2360 2360 2360 28320
1770 1770 1770 1770 1770 1770 21240
1317.5 1275 1317.5 1275 1317.5 1275 15470
1317.5 1275 1317.5 1275 1317.5 1275 14195
1054 1020 1054 1020 1054 1020 12376
1736 1680 1736 1680 1736 1680 20384
7037 6810 7037 6810 7037 6810 82628
0 0 0 0 0 0 15000
0 0 0 0 0 0 30000
10000
0 0 0 0 0 0 46651.2
0 0 0 0 0 0
0 0 0 0 0 0 99308
0 0 0 0 0 0 7775.2
0 0 0 0 0 0 7339.02
0 0 0 0 0 0 46651.2
0 0 0 0 0 0 14896.2
0 0 0 0 0 0 22581.6
0 0 0 0 0 0 30625.26
0 0 0 0 0 0 13995.36
0 0 0 0 0 0 14314.08
11290.8 5645.4 0 0 0 0 22581.6
21681.6 8943.66 0 0 0 0 30625.26
6997.68 6997.68 0 0 0 0 13995.36
7157.04 7157.04 0 0 0 0 14314.08
0 0 0 0 0 0 0
62312.66667 50639.6 103333.3333 100000 103333.3333 100000 726154.5333
141046.7867 110523.38 134940.3333 131140 134940.3333 131140 1532593.953
37387.6 30383.76 62000 60000 62000 60000 435692.72
591.36 591.36 591.36 591.36 591.36 591.36 6504.96
537.6 537.6 537.6 537.6 537.6 537.6 5913.6
100 100 100 100 100 100 1100
119640.32 97228.032 198400 192000 198400 192000 1394216.704
1581 1530 1581 1530 1581 1530 17034
2635 2550 2635 2550 2635 2550 30940
0 0 0 0 0 0 0
1860 1800 1860 1800 1860 1800 21840
164332.88 134720.752 267704.96 259108.96 267704.96 259108.96 1913241.984
11234.75534 9130.142345 18630.63773 18029.64941 18630.63773 18029.64941 130923.1166
591.36 591.36 591.36 591.36 591.36 591.36 6504.96
4000 4000 4000 4000 4000 4000 44000
19018.02978 15455.37164 31537.67149 30520.32725 31537.67149 30520.32725 221624.7399
34844.14513 29176.87398 54759.66922 53141.33666 54759.66922 53141.33666 403052.8165
0 0 0 0 0 0 18000
0 0 0 0 0 0 5000
0 0 0 0 0 0 1000
0 0 0 0 0 0 3000
0 0 0 0 0 0 0
 0 0 0 0 0 0 0
0 0 0 0 0 0 27000
7500 7500 7500 7500 7500 7500 90000
2720 2720 2720 2720 2720 2720 32640
0 0 0 0 0 0 2000
0 0 0 0 0 0 5000
0 0 0 0 0 0 1500
0 0 0 0 0 0 5000
10220 10220 10220 10220 10220 10220 136140
0 0 0 0 0 0 60000
0 0 0 0 0 0 7143
0 0 0 0 0 0 0
0 0 0 0 0 0 67143
350443.8118 284641.006 467624.9626 453610.2967 467624.9626 453610.2967 4079171.754
140.5989466 140.5229336 113.1350716 113.4025742 113.1350716 113.4025742 #DIV/0!