SEGMENTED INFORMATION (Tables)

9 Months Ended

Sep. 30, 2014

Schedule of the financial information relating to the Company's segments

										Corporate
	Argentina			Mexico			U.S.			& Other			Total
	(in thousands)
For the three months ended September 30, 2014
Gold and silver sales	$	—		$	8,853		$	—		$	—		$	8,853
Production costs applicable to sales	—			(10,997		)	—			—			(10,997		)
Mine construction costs	—			(567		)	—			—			(567		)
Mine development costs	—			(31		)	—			—			(31		)
Exploration costs	(190		)	(1,201		)	(851		)	(64		)	(2,306		)
General and administrative expenses	(210		)	(910		)	(50		)	(1,379		)	(2,549		)
Impairment of mineral property interests and property and equipment	—			—			—			—			—
Loss on investment in Minera Santa Cruz S.A. (net of amortization)	(4,441		)	—			—			—			(4,441		)
Operating loss	(4,915		)	(5,936		)	(2,392		)	(1,506		)	(14,749		)

For the nine months ended September 30, 2014
Gold and silver sales	$	—		$	31,620		$	—		$	—		$	31,620
Production costs applicable to sales	—			(30,424		)	—			—			(30,424		)
Mine construction costs	—			(1,723		)	—			—			(1,723		)
Mine development costs	—			(1,754		)	—			—			(1,754		)
Exploration costs	(940		)	(4,077		)	(2,368		)	(238		)	(7,623		)
General and administrative expenses	(563		)	(2,418		)	(163		)	(5,845		)	(8,989		)
Impairment of mineral property interests and property and equipment	(120,398		)	—			—			—			(120,398		)
Income on investment in Minera Santa Cruz S.A. (net of amortization)	150			—			—			—			150
Operating loss	(122,474		)	(11,134		)	(4,846		)	(6,231		)	(144,685		)

As at September 30, 2014
Investment in Minera Santa Cruz S.A.	203,614			—			—			—			203,614
Mineral property interests	337,806			11,018			172,702			—			521,526
Total assets	544,628			58,865			173,259			6,708			783,460

										Corporate
	Argentina			Mexico			U.S.			& Other			Total
	(in thousands)
For the three months ended September 30, 2013
Gold and silver sales	$	—		$	11,778		$	—		$	—		$	11,778
Production costs applicable to sales	—			(7,907		)	—			—			(7,907		)
Mine construction costs	—			(662		)	—			—			(662		)
Mine development costs	—			(85		)	—			—			(85		)
Exploration costs	(631		)	(1,148		)	(634		)	(162		)	(2,575		)
Income on investment in Minera Santa Cruz S.A. (net of amortization)	2,040			—			—			—			2,040
Impairment of mineral property interests and property and equipment	—			—			(6,287		)	—			(6,287		)
Gain on sale of assets	10			—			40			—			50
Operating income (loss)	1,131			393			(8,499		)	(1,870		)	(8,845		)

For the nine months ended September 30, 2013
Gold and silver sales	$	—		$	35,735		$	—		$	—		$	35,735
Production costs applicable to sales	—			(26,778		)	—			—			(26,778		)
Mine construction costs	—			(662		)	—			—			(662		)
Mine development costs	—			(654		)	—			—			(654		)
Exploration costs	(14,110		)	(5,582		)	(2,086		)	(288		)	(22,066		)
Income on investment in Minera Santa Cruz S.A. (net of amortization)	252			—			—			—			252
Impairment of investment in MSC	(95,878		)	—			—			—			(95,878		)
Impairment of mineral property interests and property and equipment	(27,729		)	—			(6,287		)	—			(34,016		)
Gain (loss) on sale of assets	(316		)	—			(6,428		)	3			(6,741		)
Operating loss	(139,297		)	(2,627		)	(17,102		)	(7,840		)	(166,866		)

As at December 31, 2013
Investment in Minera Santa Cruz S.A.	212,947			—			—			—			212,947
Mineral property interests	458,203			11,984			172,781			—			642,968
Total assets	674,269			54,131			177,248			17,418			923,066

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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