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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
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