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LOSS ON GOLDEX MINE (Tables)

12 Months Ended

Dec. 31, 2012

Impairment loss on Goldex mine property, plant, and mine development		$237,110

Loss on underground ore stockpile		16,641

Supplies inventory obsolescence provision		1,915

Increase in environmental remediation liability		47,227

Loss on Goldex mine (before income and mining taxes) for the year ended December 31, 2011		$302,893

- Definition

Tabular disclosure for impairment of long-lived assets held and used by an entity which includes a description of the impaired long-lived asset and facts and circumstances leading to the impairment, aggregate amount of the impairment loss and where the loss is located in the income statement, method(s) for determining fair value, and the segment in which the impaired long-lived asset is reported.

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