The Pierina mine is located in the Andean Cordillera in the Department of Ancash in north-central Peru, approximately 10
kilometers northwest of the city of Huaraz, at an altitude of approximately 4,100 metres.
The ore body is being mined as an open-pit, truck-and-loader operation. Ore is crushed and then transported via an overland conveyor to the leach pad area. Run-of-mine ore is trucked directly to a classic valley-fill type of leach pad.
In 2008, Pierina produced 400,000 ounces of gold at total cash costs of $284 per
ounce1. Proven and probable mineral reserves as of December 31, 2008 are
estimated at 683,000 ounces of gold2..