BRD: Black Fox Update

KERRY SMITH, Haywood Securities (02/24/2011)
"On Wednesday, Brigus announced that construction of Black Fox's ventilation and service raise was completed on February 12, 2011. . .and expects underground production to reach 800 tpd in Q211. Current company guidance for 2011 is 102–112 Koz. gold at a cash cost of US$550–$600/oz.; however, the new mine plan suggests 104 Koz. . .we are currently modeling 110 Koz. in 2011."

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