Pakrut Gold Project
JORC Code-Compliant Resource Estimate >Completed by SRK Consulting China Ltd in June 2013
Total JORC Code-compliant resources of 4,720,000oz Au, assuming a 0.5g/t cut-off grade, have been defined at the Pakrut gold project. The Pakrut deposit remains open and is expected to yield further JORC Code-compliant resources over time.
Summary of Mineral Resources as of 28 February 2013
| Cut-Off (g/t Au) | Measured | Indicated | Measured + Indicated | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Mt | Au (g/t) | Au (koz) | Mt | Au (g/t) | Au (koz) | Mt | Au (g/t) | Au (koz) | |
| 0.5 | 18.57 | 3.16 | 1,889 | 10.02 | 2.05 | 660 | 28.59 | 2.77 | 2,549 |
| 1.0 | 18.06 | 3.23 | 1,874 | 7.91 | 2.39 | 608 | 25.97 | 2.97 | 2,482 |
| 1.5 | 14.93 | 3.64 | 1,748 | 5.97 | 2.49 | 534 | 20.90 | 2.40 | 2,283 |
| 3.0 | 6.55 | 5.47 | 1,152 | 1.80 | 4.18 | 243 | 8.36 | 5.19 | 1395 |
| 5.0 | 2.49 | 8.24 | 659 | 0.26 | 7.87 | 65 | 2.74 | 8.21 | 724 |
| Cut-Off (g/t Au) | Inferred | ||
|---|---|---|---|
| Mt | Au (g/t) | Au (koz) | |
| 0.5 | 41.19 | 1.64 | 2,171 |
| 1.0 | 30.16 | 1.96 | 1,902 |
| 1.5 | 18.14 | 2.45 | 1,428 |
| 3.0 | 2.87 | 4.37 | 403 |
| 5.0 | 0.56 | 8.64 | 154 |
Summary of Ore Reserves as of 28 February 2013
| Zone No. | High Grade (Au≥1.6g/t) |
Economic (1.0g/t≤Au＜1.6g/t) |
Total | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Tonnes (kt) |
Au (g/t) | Au (kg) | Tonnes (kt) |
Au (g/t) | Au (kg) | Tonnes (kt) |
Au (g/t) | Au (kg) | |
| Proved | |||||||||
| 1 | 11,805 | 3.6 | 42,623 | 3,236 | 1.3 | 4,190 | 15,041 | 3.1 | 46,813 |
| 3 | 271 | 3.3 | 902 | 409 | 1.2 | 485 | 680 | 2.0 | 1,387 |
| Subtotal | 12,076 | 3.6 | 3,645 | 3,645 | 1.3 | 4,676 | 15,721 | 3.1 | 48,200 |
| Probable | |||||||||
| 1 | 2,161 | 2.8 | 6,106 | 620 | 1.3 | 799 | 2,781 | 2.5 | 6,906 |
| 3 | - | - | - | 6 | 1.1 | 7 | 6 | 1.1 | 7 |
| Subtotal | 2,161 | 2.8 | 6,106 | 627 | 1.3 | 806 | 2,787 | 2.5 | 6,913 |
| Proved + Probable | |||||||||
| 1 | 13,966 | 3.5 | 48,729 | 3,856 | 1.3 | 4,990 | 17,822 | 3.0 | 53,719 |
| 3 | 271 | 3.5 | 902 | 416 | 1.2 | 492 | 686 | 2.0 | 1,394 |
| Total | 14,237 | 3.5 | 49,631 | 4,272 | 1.3 | 5,482 | 18,508 | 3.0 | 55,113 |