Malku Khota: Flagship silver-indium-gold property in Bolivia. Disseminated silver mineralization occurs within sandstone and has been drilled over 3.5 km of the 15 km strike of the sandstone. Seventy seven drill holes to date with results such as 318 metres of 136 gpt silver in an enrichment hole on the Limosna Ridge.

Indicated Resource: Inferred Resource:

144.6 million oz silver	177.8 million oz silver
845,000 kg indium	968,000 kg indium

The resource is based on approximately 25,000 metres of drilling in 75 drill holes.
The mineralization is still open ended to the north and south of all three zones and at depth and drilling is continuing.

Initial metallurgy has shown excellent results using conventional leaching and the acid chloride process.

Other Properties

Laurani: Silver-gold prospect located 107 km south of La Paz, Bolivia; sampling of the high grade gold-silver mineralization at surface and underground has produced results such as: 4.6 m at 14.3 gpt gold and 214 gpt silver and 2.5 m at 10.4 gpt gold and 738 gpt silver in veins.

Escalones: Porphyry copper-gold prospect located 97 km southeast of Santiago, Chile; Significant skarn and porphyry copper mineralization has been drilled in 24 diamond drill holes; drill intercepts include intervals such as 203 metres averaging 0.81% copper and 0.08 gpt gold.

(SAC-TSX)

50.0 million shares outstanding (60.2 million fully diluted);

1^st Quarter, 2008 Cash Position: US$11.3 million

Rolling 52 week high: $1.25

Rolling 52 week low: $0.225