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Exploration Expense (Tables)

9 Months Ended

Sep. 30, 2012

Notes to Financial Statements

Exploration Expense

(in thousands)		Three months ended September 30,								Nine months ended September 30,
		2012				2011				2012				2011
Geologic and field expenses		$	432			$	623			$	1,003			$	1,231
Administrative			81				76				274				210
Mt. Hamilton exploration			(6	)			1,025				308				2,045
Total exploration costs		$	507			$	1,724			$	1,585			$	3,486