The conference call will also be webcast live at
www.glamis.com. A replay of the call and related
slides will be available on the Glamis
website beginning approximately two hours after the
conclusion of the live call. An audio-only replay of the call will be available for 10 days after
the call by dialing 1-
888-286-8010 in the U.S. and Canada or 1-
617-801-6888 outside the U.S. and
Canada. The replay pass code number is 85823722.
Glamis is a premier intermediate gold producer with low cost mines and development projects in
Nevada, Mexico and Central America. Plans call for growth to over 700,000 ounces of gold
production by 2007. Glamis’ gold production remains 100 percent unhedged.
Safe Harbor Statement under the United States Private Securities Litigation Reform Act of
1995: Except for the statements of historical fact contained herein, the information presented
constitutes
“forward-looking statements” within the meaning of the Private Securities Litigation
Reform Act of 1995 and
“forward-looking information” within the meaning of applicable Canadian
securities legislation. Forward-looking statements, include, but are not limited to those with
respect to, the price of gold, the estimation of mineral reserves and resources, the realization of
mineral reserves estimates, the timing and amount of estimated future production, costs of
production, capital expenditures, costs and timing of the development of new deposits, success of
exploration activities, Glamis’ hedging practices, permitting time lines, currency fluctuations,
requirements for additional capital, government regulation of mining operations, environmental
risks, unanticipated reclamation expenses, title disputes or claims limitations on insurance
coverage and the timing and possible outcome of pending litigation. Often, but not always,
forward-looking statements can be identified by the use of words such as
“plans”,
“expects”, or
“does not expect”,
“is expected”,
“budget”,
“estimates”,
“forecasts”,
“intends”,
“anticipates” or
“does not anticipate”, or
“believes”, or variation of such words and phrases or statements that
certain actions, events or results,
“may”,
“could”,
“would”,
“might” or
“will” be taken, occur or
be achieved. Forward-looking statements involve known and unknown risks, uncertainties and other
factors which may cause the actual results, performance or achievements of Glamis to be materially
different from any future results, performance or achievements expressed or implied by such
forward-looking statements. Such factors include, among others, the actual results of current
exploration activities, actual results of current reclamation activities, conclusions of economic
evaluations, changes in project parameters as plans continue to be refined, future prices of gold,
possible variations in ore grade or recovery rates, failure of plant, equipment or processes to
operate as anticipated, accidents, labor disputes and other risks of the mining industry, delays in
obtaining governmental approvals or financing or in the completion of development or construction
activities, as well as those factors discussed under Item 5 in the section entitled
“Risk Factors”
in
the Company’s Annual Information Form. Although Glamis has attempted to identify important
factors that could cause actual actions, events or results to differ materially from those
described in forward-looking statements, there may be other factors that cause actions, events or
results not to be as anticipated, estimated or intended. There can be no assurance that
forward-looking statements will prove to be accurate as actual results and future events could
differ materially from those anticipated in such statements. Accordingly, readers should not place
undue reliance on forward-looking statements contained herein.
