The G-9 project is envisioned to have an initial production output target of 120 million pounds of zinc, 15 million pounds of copper and 1 million ounces of silver per year, 6 million pounds of lead and 9,000oz of gold. The mine will start with the higher grade portion with an approximate production profile of 15% zinc and 2% copper. It is a straightforward project, with a conventional flotation plant and a small mine footprint. Furthermore, metallurgical tests have shown that excellent recoveries can be anticipated from the higher grade G-9 mineralization. The project is conveniently located within a ravine, with the natural topography creating a compact site for mining and tailings storage. The project utilizes off-the-shelf mining and processing equipment and at a 1,500 tonnes per day rate does not require a large workforce to operate.

Farallon is in the process of finalizing a debt financing package with Rothschild of London that will provide $70 million of debt financing to augment the $80 million equity financing completed in December 2006. This will independently fund the project to production, no partners or joint ventures will be required.