Growth Ambitions and Development Update slide image

Growth Ambitions and Development Update

Stage 2: Iron Blow And Mt Bonnie VMS Deposits Table 1: Iron Blow Mineral Resources by JORC Classification as at 03 May 2017 JORC Classification Lode AuEq Cut- Tonnage Zn off (g/t) (Mt) Pb (%) Cu (%) Ag (g/t) Au (g/t) ZnEq (%) AuEq (g/t) (%) East Lode 1.0 0.80 7.64 1.83 0.30 275 2.90 20.64 15.53 Indicated West Lode 1.0 1.28 4.14 0.33 0.31 60 1.73 8.84 6.66 Total Indicated 2.08 5.49 0.91 0.30 143 2.19 13.39 10.08 East Lode 1.0 0.02 0.48 0.34 0.16 132 6.01 13.65 9.43 West Lode 1.0 0.02 0.76 0.96 0.13 109 1.02 5.90 4.44 FW Gold 1.0 0.21 0.25 0.07 0.03 16 2.03 3.48 2.62 HW Gold 1.0 0.04 0.06 0.09 0.01 6 1.68 2.57 1.94 Inferred Interlode 1.0 0.04 0.21 0.03 0.07 8 1.66 2.79 2.10 Gold Interlode Base 1.0 0.12 3.52 0.32 0.14 35 0.69 5.87 4.42 Metal Total Inferred 0.45 1.11 0.18 0.07 27 1.71 4.38 3.30 Total Indicated + Inferred Mineral 2.53 4.71 0.78 0.26 122 2.10 11.79 8.87 Resource Total Contained Metal (t) 119,200 19,700 6,650 9.9Moz 170.9koz 298,000t 721.5koz Table 2: Mt Bonnie Resource Mineral Resources by JORC Classification as at 08 February 2017 JORC Domain Classification Cut-off grade Tonnage (kt) Zn (%) Pb (%) Cu (%) Ag (g/t) Au (g/t) ZnEq (%) AuEq (g/t) Indicated Indicated Inferred Oxide/Tran sitional Fresh Total Indicated Oxide/Tran sitional 0.5g/t Au 195 0.94 2.43 0.18 171 3.80 11.50 9.44 1% Zn 1,180 4.46 0.94 0.23 121 1.02 9.60 7.88 1,375 3.96 1.15 0.23 128 1.41 9.87 8.11 0.5g/t Au 32 0.43 1.33 0.29 74 2.28 6.37 5.23 Inferred Fresh 1% Zn 118 2.91 0.90 0.15 135 0.54 7.61 6.25 Inferred Ag Zone 50g/t Ag 21 0.17 0.03 0.04 87 0.04 2.36 1.94 Total Inferred 171 2.11 0.87 0.16 118 0.80 6.73 5.53 1,545 3.76 Resource 58,000 Total Indicated + Inferred Mineral Total Contained Metal (t) See next page Notes Relating to Mineral Resources and ASX releases 09 February and 03 May 2017 for further information 1.12 0.22 127 1.34 9.53 7.82 17,300 3,400 6.3Moz 66.8koz 147,000t 388.5koz PNX METALS 32
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