Echo Bay Mines Ltd.

As of December 31, 2003, Echo Bay Mines Ltd was acquired by Kinross Gold Corporation. Echo Bay Mines, Ltd. engages in the exploration, development, mining, and processing of gold and silver, and related activities in the United States and Canada. It holds interests in various operating mines in Canada and the United States, including 50% interest in Round Mountain mine in Nevada, United States; 100% interest in Lupin mines in Nunavut Territory, Canada; and 100% interests in Kettle River mine in Washington, United States. The company was incorporated in 1964 and is based in Toronto, Canada. Echo Bay Mines, Ltd. is a wholly owned subsidiary of Kinross Gold Corporation, as of December 31, 2003.