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Florida Mine Adits

2005 Bulk Sample
4,400 tonnes mined with av. head grade per tonne of 8.3 grams of gold 165 grams of silver

Florida Quartz Vein

Key Infrastructure Available

Road Access with availability of water and electricity

Property Terrain - Mine Area

Mill Production Jan. 07

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Project Development Accomplishments

The following is a summary overview of the achievement since the Company first acquired a right to earn an interest in the Mina Real Project in January 2006:

Florida Mine Site:
  • Complete about 1,500 additional meters of development mining at the Florida Mine Site
  • Upgraded access road to mine site
  • Development of concrete portals to mine entrances
  • Mined and stockpiled about 17,000 tonnes of mineralized material
  • Completed approx. one kilometer of road access from Florida mine site to high-grade Tajos Cuates vein structure

Infrastructure Development:

  • Completed construction and establishment of field offices and base camp for mining and exploration
  • Completed on-site housing for mill management and employees
  • Established an on-site asay lab
  • Constructed approximately 3.5 kilometers of new roadway from base camp to mill site
  • Constructed approximately 3.5 kilometers of new roadway from base camp to mill site
  • Upgraded segments of main access road to base camp
  • Established corporate offices in Tepic, Mexico

Mill Construction:

  • Obtained all environmental approval and permitting for mill and tailings pond
  • Power lines to mill site upgraded to handle well in excess of 300 tonnes/day capacity
  • Completed site preparation, civil works and construction of 200 tonne/day conventional mill
  • Completed construction of tailings pond with 10 year capacity

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