December was the third consecutive month in whichthe Choco 10 mill achieved record gold production at historically lowcash costs. Recent production highlights and related (unaudited) costsinclude:- Record Quarterly Operations in Q4 2008. In Q4 2008, the Choco 10 millproduced 38,868 ounces of gold at a cost of US$358 per ounce marking thebest quarter in the history of the Choco 10 mill. The Choco 10 mill produced 14,261ounces of gold in December 2008. This marks the third consecutive monthof record gold production and can be attributed to high volumes of oreprocessed from the Choco 10 mine which produced 9,234 ounces of gold withthe other 5,027 ounces of gold coming from ore processed from the near-byIsidora gold mine.- Record December Monthly Cash Costs. The vastimprovement is the culmination of a number of initiatives which includeimprovements made to the haulage fleet availabilities, millavailabilities, modifications made to the primary mine haulage contractand optimization of the mine plan. 
- Rusoro Advances Environmental Permit for Increible 6 Deposit. This isRusoro's second major mining related approval as the Company has now beenapproved to move forward on its second new mining operation in less thana year. Ore from the Company's Increible 6 deposit is expected to beprocessed at the Choco 10 mill commencing in Q4 2009.Rusoro's President, George Salamis noted, "Our stated goal was to be cashpositive at the Choco 10 mill in 2008 and to do that for the full quarterat year end is both exciting and a tribute to Rusoro's operations teamwhose diligence has resulted in the operations reaching these milestones.To have achieved these results is a testament to the Company's ability tosuccessfully consolidate gold assets in Venezuela and successfully turnthem around by increasing efficiency and dealing with issues that plaguedthe operations under previous management. We will continue with a numberof initiatives that are on-going and the Company believes that it canmaintain and even further reduce some operational cash costs at themines."Rusoro CEO, Andre Agapov stated, "We are delighted with both ouroperational results and with the receipt of the Increible 6 approval.With the Choco 10 mill reaching these operational milestones and our planto bring the Increible 6 and San Rafael / El Placer mines on-stream overthe next year we intend to continue to execute our production growthstrategy to the benefit of our shareholders."Increible 6 PermitsThe Company is pleased to report that MIBAM has approved the study on thetechnical, financial, and environmental merits for the Company'sIncreible 6 Gold Project. The approval for the Certificate ofExploitation was published in Venezuela's Official Gazette on December23, 2008. The Exploitation Certificate is expected by the Company priorto January 23, 2009 at which time the application will be made for thePermit to Affect Natural Resources.
The permitting process remains ontrack for production from Increible 6 in 2009. Rusoro's 100 ownedIncreible 6 gold mine is located 6 km from the Choco 10 mill. It is theCompany's intention to process ore from Increible 6 at the Choco millcommercially in mid to late 2009. The Increible 6 mine is host to1,587,000 ounces indicated (23.5 Mt 2.11g/t Au) and 1,100,000 ouncesinferred (17.5 Mt 1.95g/t Au) (see News Release - Nov.
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