Investor Presentaiton
ORE RESERVE STATEMENT FOR QALA SHALLOWS (JORC 2012)
Reef Type
Ore Reserve
Tonnage
Grade
Category
(Mt)
(g/t)
Content
(kg)
Content
(oz)
Proved
0.37
3.38
1 260
40 400
K9A
Probable
0.45
2.32
1 040
33 400
Total K9A
0.82
2.80
2 300
Proved
0.46
2.94
1 340
Probable
1.72
2.91
4 990
73 800
43 200
160 600
Total K9B
2.17
2.92
6 330
203 800
Appendix 1: ORE RESERVE & MINERAL RESOURCE ESTIMATE STATEMENTS
Table 1: WBP (JORC) Ore Reserve²
K9B
Declared ore reserve of 3MT at 2.88g/t for 278 000oz, including Proved Ore
Reserve of 830,000t at 3.13g/t for 84,000oz²
Ore Reserve Notes:
1) No Inferred Mineral Resources are included in the Ore Reserves.
2) The evaluation used a gold price of US$1,750 per ounce and a rate of exchange of R15/US$.
WBP's Global Mineral Resource is made up of several gold bearing reefs across the
mining right area, a breakdown by reef and MRE category is detailed in Table 23.
MRE Notes:
Proved
0.83
3.13
2 600
1.
Grand Totals
Probable
2.17
2.79
Total
3.00
2.88
6 000
8 600
83 600
194 000
277 600
2.
Global MRE set at a 2.0g/t Au cut-off. Reported in accordance with the JORC Code of 2012.
Number differences may occur due to rounding errors.
3.
Mineral Resources are reported as inclusive of Ore Reserves
4.
Note: errors may occur due to rounding differences
The Inferred Mineral Resources have a high degree of uncertainty and it should not be
assumed that all or a portion thereof will be converted to Ore Reserves.
Table 2: WBP (JORC) Mineral Resource Estimate - by Reef (2g/t cut-off)³
Measured
Indicated
Inferred
Total
Reef
Bird Central & West
Bird - East
Tonnes (M) Grade (g/t) Ounces (M) Tonnes (M) Grade (g/t) Ounces (M) | Tonnes (M) Grade (g/t) | Ounces (M) Tonnes (M) Grade (g/t) Ounces (M)
0.04
3.73
0.00
0.89
2.51
0.07
0.44
2.86
0.04
1.38
2.66
0.12
2.22
4.30
0.31
2.00
4.74
0.30
0.42
4.48
0.06
4.63
4.51
0.67
K9B KRC
0.00
2.98
0.00
0.10
3.87
0.01
0.18
4.22
0.02
0.28
4.08
0.04
K9B KRE
1.93
4.37
0.27
6.21
4.14
0.83
2.35
5.51
0.42
10.50
4.49
1.52
K9A KRE
2.10
4.54
0.31
1.82
4.20
0.25
4.20
5.14
0.69
8.11
4.77
1.25
Main Reef Leader
0.72
5.81
0.14
0.15
8.34
0.04
0.09
7.54
0.02
0.96
6.36
0.20
Main
2.79
4.73
0.42
0.09
5.15
0.01
0.31
5.27
0.05
3.19
4.79
0.49
Total
9.81
4.60
1.45
11.26
4.19
1.52
7.98
5.10
1.31
29.05
4.58
4.28
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