Genco Resources Ltd.
Summary of Reserves and Resources

For further information please refer to Genco's News Release dated January 29, 2010 and/or NI 43-101 Technical Report dated January 29, 2010 (www.sedar.com)

La Guitarra and Temascaltepec Silver-Gold Mining District Reserves & Resources

Category

tonnes('000)

Ag g/t

Au g/t

eAg g/t

oz Ag

Oz Au

Oz eAg

Underground Reserves

Proven

577

208

1.50

292

3,858,000

27,800

5,417,000

Probable

1,608

209

1.45

290

10,804,000

74,900

14,992,000

Total Underground Reserves

2,185

209

1.46

291

14,662,000

102,700

20,409,000

La Guitarra Open Pit Reserves

Proven

2,615

87

0.80

132

7,314,000

67,200

11,097,00

Probable

4,209

77

0.72

117

10,419,000

97,300

15,833,000

Total Surface Reserves

6,824

81

0.75

123

17,733,000

164,500

26,930,000

Total Reserves

9,009

113

0.93

165

32,395,000

267,200

47,339,000

La Guitarra Open Pit Resources - 45 g/t eAg Cut-off

Measured

3,008

86

0.84

133

8,318,000

81,300

12,864,000

Indicated

5,972

76

0.77

119

14,594,000

147,800

22,851,000

Total M + I*

8,980

79

0.79

123

22,912,000

229,100

35,715,000

Inferred

2,683

75

1.00

130

6,408,000

86,600

11,257,000

Underground Inferred Resources

Total Underground Inferred

10,000

305

1.95

414

98,063,000

627,600

133,103,000

Total Inferred

12,683

256

1.75

354

104,471,000

714,200

144,360,000


The Qualified Persons under NI 43-101 who have prepared this Reserve & Resource estimate are Glen R. Clark, P.Eng. and John Thornton, SAIIM