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Firestone Releases Positive Preliminary Economic Assessment for the Torlon Hill Zinc-Lead-Silver Deposit, Guatemala

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The process plant proposed has been based on a three stage crushing and screening, DMS pre concentration, then milling of the DMS concentrate. The mill product will then by subjected to differential floatation to generate both a zinc and lead concentrate. The concentrates will then be washed, dewatered and shipped from the site.

ProMet has concept designed the location for deposition of slimes and tailings. All materials to be mined at Torlon would be oxidized forms of mineralization.

Estimated power requirements for the site infrastructure were estimated at 3000kW that is envisioned to be supplied by four 1000 kVA diesel generating units with a fifth for standby.

-------------------------------------------------------------------------Operating cost summary------------------------------------------------------------                                Total MonthlyItem                                Cost (US$)    % of Total------------------------------------------------------------Fixed costs------------------------------------------------------------Overheads                      $        2 353             1%------------------------------------------------------------Sub Total                      $        2 353             1%------------------------------------------------------------------------------------------------------------------------Variable costs------------------------------------------------------------Power                          $      238 021            62%------------------------------------------------------------Water                          $       13 129             3%------------------------------------------------------------Reagents                       $       49 270            13%------------------------------------------------------------Grinding Media (Primary and Secondary Mills)              $        7 492             2%------------------------------------------------------------Mill Liners (Primary and Secondary Mills)              $        4 911             1%------------------------------------------------------------Crusher Liners                 $       11 090             3%------------------------------------------------------------Laboratory Costs               $       20 899             5%------------------------------------------------------------Maintenance Costs              $       38 074            10%------------------------------------------------------------Concentrate Transport          $            -------------------------------------------------------------Sub total                      $      382 886            99%------------------------------------------------------------------------------------------------------------------------Total                          $      385 239              $ 7.49 per ROM-----------------------------------------------------------------------------------------------------------------Cash Costs per ton processed                           US$----------------------------------------Mining                            $ 7.09----------------------------------------Processing                        $ 7.49----------------------------------------Slimes                            $ 0.12----------------------------------------Fixed                             $ 5.09----------------------------------------Off Mine                          $12.58----------------------------------------Capex Inc Financing              $ 10.04----------------------------------------TOTAL COST/TON ROM                $42.42----------------------------------------

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