Yamana Gold Inc (AUY)

[jimstr]

The drilling results and open ended potential at Magdalena and Amelia Ines show potential to expand the global resource base at Gualcamayo at higher grades and significantly improve the project economics. These results suggest the following benefits:

- Allows Yamana to oversize the plant and operations as part of the main QDD feasibility study, while Amelia Ines and Magdalena continue to be studied;

- Suggests a larger, higher-grade ore body for Amelia Ines and Magdalena;

- Provides additional options that include milling of higher-grade ore from Amelia Ines and Magdalena which would ultimately benefit the QDD Lower West targeted underground zone;

- Extension holes between Amelia Ines and Magdalena suggest that WHAT WERE CONSIDERED TWO SEPARATE ORE BODIES MAY TIE TOGETHER:and

- Extension holes at Amelia Ines toward QDD Lower West zone and at Magdalena toward the north and southeast suggest that the ore bodies are open and may be larger than currently anticipated.