Meridian Gold Inc - First Quarter 2002 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

169 17.0 87,898 25 69

Jerritt Canyon

Nevada (30%)

 268 8.9 20,227 308 383

Beartrack

Idaho**

 . . 2,463 . .
Total attributable . . 110,588 78 128

*100% basis **Production from reclamation and closure activities

(Source: GFMS)