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Projects

Miwah Project

Download the 43-101 report

NI 43-101 Resource Estimate

NI 43-101 Compliant Mineral Resource Estimate for Miwah Main Zone Deposit Mining Associates Pty Ltd. (Brisbane), May 2011

Cut-off
(Au g/t)

Ore
(‘000t)

Gold
(g/t)

Silver
(g/t)

Gold
(‘000 oz)

Silver
(‘000 oz)

Miwah Main Zone

Indicated

0.20

4,900

1.34

3.71

210

560

Inferred

0.20

99,100

0.92

2.63

2,930

8,380

Oxidation Classification

Oxide

0.20

1,900

0.50

1.35

30

80

Partial Oxide

0.20

75,900

0.98

2.76

2,390

6,740

Fresh

0.20

26,100

0.85

2.56

700

2,110

Total

0.20

103,900

0.85

2.68

3,140

8,960

* Gold equivalents have been calculated assuming the two year trailing average metal prices and used a gold price of $US1,185 per ounce, and a silver price of $US20 per ounce for a silver to gold equivalency ratio of 56.42:1. Gold (Au) recovery is assumed 95% and silver (Ag) recovery is assumed 85%.
* Based on 71 diamond drill holes the Inferred Resources, using a 0.20 g/t gold cut-off, are estimated at 103.9 million tonnes averaging 0.94 g/t gold and 2.68 g/t silver for 3.14 million ounces gold and 8.95 million ounces silver in near and at surface mineralization.