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OUR GOAL IS TO MAINTAIN THE GROUP’S POSITION AS THE WORLDS LARGEST PRIMARY SILVER COMPANY, PRODUCING 65 MILLION OUNCES OF SILVER AND 500,000 OUNCES OF GOLD BY 2018

Underground Exploration

> San Julián
Ownership	Minera Fresnillo, S.A. de C.V. (100% Fresnillo plc)
Location	Chihuahua/Durango border
Indicated and inferred resources	153.8 Silver (Moz), 780,000 Gold (oz)

> Centauro Deep
Ownership	Minera Penmont (56% Fresnillo plc, 44% Newmont USA Limited)
Location	Sonora, below Centauro main pit at Herradura
Indicated and inferred resources	1.4 Gold (Moz)

> Minera Juanicipio
Ownership	56% Fresnillo plc, 44% MAG Silver
Location	Zacatecas, 8km SW of the Fresnillo mine
Indicated and inferred resources	108.7 Silver (Moz), 340,000 Gold (oz)

> Las Casas-Rosario
Ownership	Minera La Ciénega, S.A. de C.V. (100% Fresnillo plc)
Location	Durango
Indicated and inferred resources	34.4 Silver (Moz), 365,000 Gold (oz)