Located just 11 kilometres east of LaRonde, the Lapa mine will begin production in mid-2009. Probable gold reserves of 1.1 million ounces are expected to support annual production of 115,000 ounces over a seven-year mine life. Lapa has further ore potential at depth, and we continue to drill on the property. 2008 In Review   While the main activity at Lapa was the lateral and vertical development, the first test stope was mined during the fourth quarter of 2008. Overall, drilling and blasting performance, which began in December, met expectations. Ore from Lapa will be trucked to the LaRonde processing facility, which is being modified to treat the ore, recover the gold and store the tailings. Construction will be completed in the second quarter of 2009. Outlook By the end of January 2009, approximately 31,000 tonnes of ore had been stockpiled on surface, grading 8.9 grams of gold per tonne. The processing plant, located 11 kilometres to the West at the LaRonde minesite, was nearing completion. Commissioning is expected to start during the second quarter of 2009. The broken ore has been transported and stockpiled at the LaRonde site. The addition to the plant at LaRonde is scheduled for completion in the second quarter of 2009. Lapa is expected to begin gold production in the second quarter, with output for the partial year estimated to be approximately 55,000 ounces at estimated total cash costs of $438 per ounce. 2009 exploration at Lapa will focus on resource conversion and in the deeper regions of the orebody.