Bisha Main | Resources & Reserves

Proven and Probable Reserves

Per March 2011 Technical Report. For 2012 oxide gold production guidance, click here. An updated resource and reserve statement is expected in mid-2012 incorporating 2011 drilling.

  Ore Type Ore
(kt)
Au
(g/t)
Ag
(g/t)
Cu
(%)
Zn
(%)
  Supergene (2013 - 2016)
Proven 844 0.80 43.47 4.92  
Probable 6,537 0.77 31.29 3.77  
Combined (cut-off ~ 0.50 % Cu*) 7,382 0.78 32.68 3.90  
  Primary (2016 - end of mine)
Proven 521 0.78 52.51 0.91 8.09
Probable 15,759 0.72 44.12 0.97 5.31
Combined (cut-off ~ 0.75 % Zn*) 16,279 0.72 44.40 0.97 5.40
Total Proven 2,298 2.80 36.77 2.07 1.98
Total Probable 26,015 1.69 39.09 1.55 3.26
  Total Combined 28,313 1.78 38.90 1.60 3.15
*Cut-off is based on NSR, Oxide = $29.03/t, Supergene = $26.57/t, Primary = $26.68/t, cut-off grade values shown above are approximate and may be affected by other metal values in the deposit.

Based on US $1,015/oz Au, $15.85/oz Ag, $2.40/lb Cu, $0.92/lb Zn per March 2011 Technical Report out of total of 40Mt resources.