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Strategies & Market Trends : YellowLegalPad
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From: John McCarthy4/15/2006 4:15:31 PM
   of 1182
 
High River Gold Production Forecast

OZ of Gold Production

2005
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Total Production 158,000
HGR's Share 134,000 (85%)

Locations
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Zun-Holba 70,000
Irokinda 83,000
Placer 5,000
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Total Production 158,000
=========================

2006 Estimate
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2006 Production Outlook

For 2006, High River's share of gold production is expected to be approximately 127,000 ounces.

Production from Buryatzoloto's Zun-Holba and Irokinda mines and the seasonal placer operation is projected at 150,000 ounces at an estimated total cash cost of US $300 per ounce.

2007 Estimate
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The Company anticipates commercial production for both development projects in the first half of 2007, which will bring High River's total gold production to approximately 270,000 ounces in 2007,

and to more than 360,000 ounces in 2008.

biz.yahoo.com
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