Meridian Gold Inc - First Quarter 2001 Mining Operations
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Mine Ore treated ('000 t) Grade (g/t) Gold production (oz) Cash cost (US$/oz) Total cost (US$/oz)

El Penon

Chile

182 13.0 72,272 50 105

Jerritt Canyon

Nevada (30%)

337 8.1 23,350 213 276

Beartrack

Idaho*

. . 5,648 . .
Total attributable . . 101,270 90 147

* production from reclamation and closure activities

(Source: GFMS)