2009-05-13

Minefinders Provides 2009 First Quarter Results and Details of Conference Call

http://finance.yahoo.com/news/Minefinders-Provides-2009-iw-15227875.html

The Company has scheduled an investor conference call for 1 p.m. Pacific Time (4 p.m. Eastern Time) on Thursday, May 14, 2009, to discuss its financial and operating results for the first quarter ended March 31, 2009.

Highlights include:
  • Successful commissioning of the Dolores Mine in Mexico, with commercial
    production achieved effective May 1, 2009;
  • First quarter production of 14,169 ounces of gold and 282,429 ounces of silver dore;
  • Commencement of positive cash flow from operations at Dolores in
    February 2009. First quarter proceeds were $16.098 million from the sale of 13,313 ounces of gold at a realized price of $939 per ounce and 273,381 ounces of silver at a realized price of $13.18 per ounce;

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