Mineral Resources as of 12.31.08

Categories
(1)

Tons
(M tons)

Silver
Grade
(oz/ton Ag)

Copper
Grade
(% Cu)

Contained
Silver
(Moz Ag)

Contained
Copper
(Mlbs Cu)

Troy Mine (2)

 

-Measured

42.2

1.42

0.70%

60.2

594.0

-Indicated

17.4

0.99

0.44%

17.1

152.8

Subotal

59.6

1.3

0.63%

77.3

746.8

Rock Creek(3)

 

-Inferred

137

1.67

0.74%

229

2022.00
Total
196.6
1.56

0.70%
306.3
2768.8

  1. Mineral resources have been categorized in accordance with the classifications defined by the Canadian Institute of Mining, Metallurgy and Petroleum.
  2. he estimated resources at the Troy Mine are based upon the N.I. 43-101 report and updated by Mr. Erickson, a Qualified Person in accordance with N.I. 43-101.  They are stated at (US) $20.02 NSR per ton cut-off.  Mr. Erickson is an employee of Revett and is not considered independent.
  3. These are from the Rock Creek N.I. 43-101 report and are stated at (US) $10.00 per ton ton cut-off.

Mineral Reserves (Troy Mine) as of 12.31.08


Categories
(1)


Tons
(M tons)
(2) (3)

Silver
Grade
(oz/ton Ag)

Copper
Grade
(% Cu)

Contained
Silver
(Moz Ag)

Contained
Copper
(Mlbs Cu)

Proven
4.0
1.34

0.69%
5.3
54.4

Probable
6.4
1.10

0.49%
7.1
63.3
Total
10.4
1.19

0.57%
12.4
117.7


  1. Mineral Reserves have been categorized in accordance with the classifications defined by the Canadian Institute of Mining, Metallurgy, and Petroleum (“CIMM”).
  2. Does not include resources contained in planned pillars. Only material scheduled to be extracted and milled included.
  3. The estimated mineral reserves were calculated by Mr. Larry Erickson, P Eng., a Qualified Person (“QP”) in accordance with Canadian National Instrument 43-101 (“NI 43-101”). They are stated using a cut-off grade of US$ 20.02 net smelter return per ton calculated at US$ 12.00/oz Ag and US$2.25/lb Cu. Mr. Erickson is an employee of Revett and is not considered independent.

Cautionary Note to U.S. Investors
United States investors are cautioned that terms such as "inferred mineral resources," indicated mineral resources" and "measured mineral resources" used in this website to describe our mineral properties are not recognized or accepted terms under rules and regulations promulgated by the United States Securities and Exchange Commission ("SEC"). "Inferred," "indicated" and "measured" mineral resources are not the same as "proven reserves" or "probable reserves" as defined by the SEC's rules and regulations, principally because they are less certain and may not be amenable to economic development. No investor should assume that all or any portion of the "inferred," "indicated" or "measured" mineral resources described in this website are equivalent to proven or probable reserves, or that additional exploration or development work will cause them to be categorized as such, or that we have concluded it is economically feasible to develop them. United States investors are urged to carefully consider the disclosures contained in the periodic reports and other information we file with the SEC, which can be found on the SEC's EDGAR website at www.sec.gov.


© Copyright 2010, Revett Minerals, Inc.