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Company Response

4 Mar 2011

Author:
Deno Gold Mining

[PDF] Dundee Precious Metals response regarding concerns about contamination of rural land areas with waste from Kapan combine (Armenia)

The Artsvanik Tailings dam is the only operating facility in Norashenik and belongs to the Kajaran molybdenum mine. A small portion of that dam was rented by DGMC in 2005 to be temporarily used...In terms of area and impact it is about 0.4% of the total Kajaran TMF. The area leased is currently closed and in the last stages of recultivation and rehabilitation. This is being carried out by DGMC and has minimal influence, if any on adjacent rivers...At this time DGMC does not have a main discharge point to the Norashenik River. Deno Gold...does monthly audits and testing of all the discharges...

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