Fazenda Brasileiro - Maria Preta

YAMANA GOLD INC. announced updates on several of its properties, to include; Mercedes, Mexico - Expansion of the new Diluvio zone within the Lupita vein system and extension of the Lagunas zone, a bonanza grade area in the Barrancas vein system. Pilar, Brazil - Deposit continues to be open along strike and down dip with a further down dip extension that almost doubles dip length from 450 to 850 metres. Fazenda Brasileiro, Brazil - Increase in size and confirmation of continuity of the Lagoa do Gato deposit and CLX2 deposit.

During the quarter ended, the mine produced 24,143 ounces of gold in the quarter and 96,092 ounces of gold in the year ended December 31, 2008.

Total gold production was 23,344 oz at a cash cost of US$492 per ounce.