Gammon Gold, Inc. is engaged in the mining, development, exploration and acquisition of resource properties. The Company owns and operates two producing mines in Mexico, the Ocampo mine in Chihuahua State, and the El Cubo mine in Guanajuato State, and also owns the Guadalupe y Calvo advanced exploration property in Chihuahua State, Mexico. The Company mined 72,566 tons of underground ore during the year ended December 31, 2008, for a total of 313,575 tons annually, or 857 tons per day (TPD). The Ocampo Mill Circuit processed 660,819 tons during 2008, at an average rate of 1,806 TPD. In addition, total tons processed during 2008, were 194,730 at an average of 2,117 TPD. Gammon Gold has a 100% interest in the Ocampo Gold-Silver Project located in Chihuahua, Mexico. The El Cubo Mine has three processing plants: the El Tajo Flotation Plant, the El Tajo Cyanide Plant, and the Chirimetera Flotation Plant.