Fact Sheet
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The Soledad and Dipolos development project is located approximately 9 kilometres northwest of the Herradura mine. Access is currently provided by a small gravel road from the mine site and a new road is currently being designed for construction during 2008. The mineralisation at Soledad and Dipolos is located along the same strike of the Mojave-Sonora Mega-Shear zone as the Herradura mine. As with Herradura, the Fresnillo Group's interest in Soledad and Dipolos is held through the Penmont joint venture (56 per cent. owned by Fresnillo and 44 per cent. owned by Newmont). The ore deposits are characterised by extensive shear fabrics containing mineralised quartz veins and they are currently open at depth.

An aggressive development drilling plan is currently underway to define the limits of the mineralisation in order to site the leach pads, dump site and plant facility. At the same time, metallurgical studies, engineering designs, baseline environmental studies and preliminary construction plans are under development. The pre-stripping of the Soledad and Dipolos pits is anticipated to begin during 2008. Anticipated annual production is expected to be in the range of 3.5 million tonnes to 5 million tonnes of ore by 2010 producing approximately 100,000 attributable ounces of gold each year.