Path Forward and Prospective Exploration Areas
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MOSS: RESERVES & RESOURCES
Mineral Reserves (1) (Effective July 1, 2021)
Ore
Gold
Silver
Contained Gold
Classification
(ktonnes)
(g/t)
(g/t)
(000s oz)
Proven
4,611
0.46
5.8
68.1
Probable
8,133
0.44
5.1
116.4
1,342.0
Proven + Probable
12,744
0.45
5.4
184.5
2,200.8
Mineral Resources (1) (Effective July 1, 2021)
ELEVATION
GOLD
Contained Silver
(000s oz)
858.8
Notes: Metal Prices used for Mineral Reserves: $1,525/oz
gold; $18.50/oz silver. Reserves are tabulated at a 0.21 g/t
gold cutoff grade. The topography date used for tabulating
the Mineral Reserve is 1 July 2021 Metric tonnages and
grades are reported: ktonnes are 1,000 metric tonnes; g/t is
grams per metric tonne. The Mineral Reserve estimate was
prepared by Jacob Richey, of Independent Mining
Consultants Inc. Numbers may not tally exactly due to
rounding. The Mineral Reserve estimate was prepared in
accordance with CIM Definition Standards. For more
information, please see the technical report titled "Technical
Report on the Mineral Resource, Mineral Reserve, and
Mine Plan for the Moss Mine" with an effective date of July
1, 2021, available on Elevation's website and on
www.sedar.com.
Cut-off Grade
Tonnage
Gold
Silver
Contained Gold
Classification
(g/t Au)
(ktonnes)
(g/t)
(g/t)
(000s oz)
Contained Silver
(000s oz)
Measured
0.15
8,398
0.40
5.1
107.4
1,389.0
Indicated
0.15
30,460
0.39
4.5
382.8
4,365.0
Measured + Indicated
0.15
38,857
0.39
4.6
490.2
5,754.0
Inferred
0.15
6,562
0.35
4.5
73.8
940.0
Notes: The Mineral Resource is inclusive of the Mineral
Reserve. Mineral Resources that are not Mineral Reserves
do not have demonstrated economic viability. The Mineral
Resource was prepared in accordance with CIM Definition
Standards. Metal prices used for the Mineral Resource:
$1,800/oz gold and $22.00/oz silver. Numbers may not tally
exactly due to rounding. Metric tonnages and grades are
reported: ktonnes are 1,000 metric tonnes; g/t is grams per
metric tonne. The Mineral Resource estimate was prepared
by Jacob Richey of Independent Mining Consultants Inc.
For more information, please see the technical report titled
"Technical Report on the Mineral Resource, Mineral
Reserve, and Mine Plan for the Moss Mine" with an
effective date of July 1, 2021, available on Elevation's
website and on www.sedar.com.
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