Financial Summary

Please note fiscal year end is March 31st

Financial Data (in thousands of US$)	2009	2008	2007
Revenues	$83,523	$108,363	$39,777
Net earnings	($15,997)	$59,937	$22,023
Cash flow from operations	$46,986	$79,786	$30,053
Net profit margin	N/A	55%	55%
Cash and Short Term Investments	$65,432	$84,239	$58,780
Total Assets	$205,202	$190,267	$94,151
Long-term debt	$0	$0	$0
Capital expenditures	$49,812	$44,035	$18,077
Production Data (in $US)
Silver sold (thousands of ounces)	4,189	3,961	1,935
Realized price net of VAT and smelter charge	$10.17	$11.28	$9.30
Lead sold (thousands of pounds)	53,066	49,624	26,262
Realized price net of VAT and smelter charge	$0.65	$0.98	$0.54
Zinc sold (thousands of pounds)	12,957	15,912	7,136
Realized price net of VAT and smelter charge	$0.41	$0.88	$1.07
Total cash cost for silver adjusted for by-product credits	($2.77)	($10.99)	($7.25)
Average Production Cost
Silver ($/ounce)	$4.34	$2.44	$2.38
Lead ($/pound)	$0.28	$0.21	$0.14
Zinc ($/pound)	$0.18	$0.19	$0.27
Head Grades of Run of Mine Ores
Silver (gram/tonne)	311.6	420.3	489.0
Lead (%)	5.6	7.4	8.9
Zinc (%)	1.9	2.7	3.2
Per Share Data
Earnings (loss)
Basic	($0.11)	$0.41	$0.15
Diluted	($0.11)	$0.40	$0.15
Cash flow	$0.31	$0.54	$0.21
Dividends paid	$0.08	$0.05	-
Shareholder Data
Basic shares outstanding (weighted average)	152,350,041	147,660,730	143,913,693
Warrants outstanding	0	3,742,119	3,751,869
Outstanding options	4,605,703	3,234,685	6,169,908
Fully diluted (weighted average)	152,350,041	150,954,072	149,674,056