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tsl444

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tsl444

Re: None

Friday, 09/18/2009 3:42:09 PM

Friday, September 18, 2009 3:42:09 PM

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From the Denver presentation:

Highlights

•Discovered approximately 6 million aggregate ounces of gold within 3 advanced stage projects

•Completed construction of first gold processing plant, with expandable capacity, at a cost of approximately US$16 million

•Commenced mining and plant start up in August 2009. The Company is expected to reach a commercial level of production by the end of this year. Cash operating costs, at such time, are forecasted to be less than US$300 per ounce.

•All major capital expenditures have been made and the Company’s current cash position is approximately US$8 million

•Progressing contract discussions with Ecuador government

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