Stock Symbol

Marmato Resource Estimate

MARMATO MEASURED AND INDICATED GOLD AND SILVER MINERAL RESOURCES - 8 March 2010
MEASURED RESOURCES
  GOLD SILVER
Cut off grade g/t Au Type Tonnes (000s) Grade g/t Au Ounces (000s) Grade g/t Ag Ounces (000s)
0.30 Gold 37,222 1.04 1,242 7.99 9,559
INDICATED RESOURCES
0.30 Gold 207,887 0.93 6,249 5.75 38,398
TOTAL MARMATO MEASURED AND INDICATED MINERAL RESOURCES
0.30 Gold 245,109 0.95 7,490 6.09 47,956
TOTAL MARMATO INFERRED MINERAL RESOURCES
  GOLD SILVER
Cut off grade g/t Au Type Tonnes (000s) Grade g/t Au Ounces (000s) Grade g/t Ag Ounces (000s)
0.30 Gold 75,810 0.92 2,232 5.51 13,432

The estimates are based on over 80,000 meters of diamond drilling in 379 holes and using a cutoff grade of 0.3 g/t Au.  

Scott E. Wilson of Scott E. Wilson Consulting Inc. is the independent qualified person as defined by National Instrument 43-101 and has prepared or reviewed the above information. He is a Certified Professional Geologist and member of the American Institute of Professional Geologists and a Registered Member of the Society of Mining and Metallurgy and Exploration Inc. Quality assurance and quality control procedures for assays and sampling were followed in accordance with the requirements of NI 43-101.