Challenges

• Maintain Production Target

  • ~2.5 mm ozs per annum through 2007

• Maintain Low Cash Costs

  • <$125 per ounce
  • Capture “steady state” savings

• Reduce Expected In-Pad Inventory

  • Solution management
  • Carbon columns

• Maintain Recoveries ᡾%

  • Additional carbon columns

• Transitional Ores

  • Separate leach pad in 2004

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