v2.4.0.8

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (USD $)	12 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
Sales	$ 261,089	$ 433,554
Cost of sales	1,545,067	1,496,867
Gross loss	(1,283,978)	(1,063,313)
Operating expenses:
Impairment of mining rights	12,136	380
Salaries and wages	226,707	160,232
General and administrative	1,820,175	1,394,148
Professional fees	289,200	174,306
Operating Expenses	2,348,218	1,729,066
Operating loss before the undernoted	(3,632,196)	(2,792,379)
Amortization of deferred finance costs and 9 (a))	(219,016)	(100,189)
Fair value adjustment relating to warrants	0	(741,812)
Imputed interest expense	(534,098)	(312,748)
Net Loss for the year	(4,385,310)	(3,947,128)
Foreign exchange translation adjustment for the year	(8,943)	(185,860)
Comprehensive loss for the year	$ (4,394,253)	$ (4,132,988)
Weighted average number of common shares outstanding-basic and diluted	10,627,484	9,515,509
Loss per share - basic and diluted	$ (0.41)	$ (0.41)

Amount of noncash expense included in interest expense to issue debt and obtain financing associated with the related debt instruments. Alternate captions include noncash interest expense.

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Chile Mining Technologies Inc. 10-K