Northgate acquired the Stawell Gold Mine in February 2008.  Since the acquisition, Northgate has invested $7 million towards an aggressive exploration plan in order to identify new underground resources in order to extend the mine-life.  Production for 2008 is show below:
 

	Q1	Q2	Q3	Q4E	2008E
Gold production (ounces)	28,363	22,807	20,956	33,000	105,000
Net cash cost ($/oz)	536	627	668	299	482
* Net Cash Cost for Q4 and full year 2008 assumes exchange rate of A$/US$0.65.