Yamana Gold Reports Fourth Quarter and Year End Results-Record 2007 Revenue and Earnings, Increased Mineral Reserves, Operational and Exploration Update

Yamana Gold Reports Fourth Quarter and Year End Results-Record 2007 Revenue and Earnings, Increased Mineral Reserves, Operational and Exploration Update

TORONTO, ONTARIO–(Marketwire – March 25, 2008) – YAMANA GOLD INC. (TSX:YRI)(NYSE:AUY)(LSE:YAU) today announced its financial and operating results for the fourth quarter and year ended December 31, 2007 and provided a progress update on its strategic plan. Financial results reflect the activities of Meridian Gold and Northern Orion only since their acquisition in October, 2007 and not for the full quarter or year. All dollar amounts are expressed in US dollars unless otherwise specified.

 

Operational Highlight
– Commercial production declared at the Chapada copper-gold project in February 2007, on budget and ahead of schedule.

 

Mineral Reserves and Resources
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Property            Qualified Persons for      Qualified Persons for
                    Mineral Reserves           Mineral Resources
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Chapada             Michael G. Hester,         Michael G. Hester,
                    FAusIMM, Vice President,   FAusIMM, Vice President,
                    Principal Mining Engineer, Principal Mining Engineer,
                    Independent Mining         Independent Mining
                    Consultants Inc.           Consultants Inc.

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