|
Total Mineral Resource Estimate
|
Cut-off 0.55 g/t
|
Tonnes
(millions)
|
Grade
(grams/tonne)
|
Total Contained Gold (troy ounces)
|
|
Indicated Mineral Resource
|
2.3
|
1.16
|
87,374
|
|
Inferred Mineral Resource:
|
4.0
|
1.16
|
150,579
|
|
Total Mineral Resources
|
6.3
|
1.16
|
273,953
|
Source: NI 43-101 Technical Report, April 2009 Watts Griffis and McOuat
Notes:
- The mineral resources are classified as indicated and inferred, and comply with the CIM mineral resource definitions referenced in National Instrument 43-101.
- Base case assumes a gold price of US$ 700/oz gold and US$ exchange rate of $1.18.
- Mineral resources that are not mineral reserves do not have demonstrated economic viability.
- The quantity and grade of reported inferred resources in this estimation are conceptual in nature and there has been insufficient exploration to define these inferred resources as an indicated or measured resource and it is uncertain if further exploration will result in upgrading them to an indicated or measured resource category.
- The tonnages and grades quoted are undiluted. Gold grades were capped at values ranging from 10 g/t to 100 g/t based on statistical analysis.
View the Gowest NI 43-101 Technical Report, April 2009 by Watts Griffis and McOuat
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