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Henderson Overview <br />• Production of high gualSy MoSt concelnrBts for molybdenum <br />chemical market. <br />• By- product MoS2 concentrate production from copper <br />properties used In molybdenum metallurgical market. <br />2000 budgeted production -20 million pounds <br />2000 actual production -27.5 million pounds <br />2005 forecast production - 32 million pounds <br />2000 and 2005 mine development- <br />2005 employment levels up 100 people or 35% <br />Henderson reserves <br />Reliable mserves` <br />• 165.8 million Ions @ 0,21% Me containing $98 million <br />ImuMS recoverable (underground mine) <br />Tysb[T�wiyn�r�r�nm, aimnr d+le <br />i <br />