* 2008 production review and 2009 production outlook
* Sees 2009 silver production, up by 20 percent to the 2.7-2.9 million oz range
* Says first two quarters of silver production should be relatively flat
* Says plans to plans to invest up to US$16.8 million in capital projects
* Says in 2009 expects cash costs to average $7.50 to $8.00/oz
* Says met revised production target of 2.3 million oz silver in 2008
* Says upon completion of 2009 capital expansion projects guanacevi mines
production to reach 1000 tpd
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