Investor Presentaiton
Historical Resource with Upside
SOURCE
CATEGORY*
GRADE opt (g/t)
TONS(TONNES) CUT-OFF opt (g/t)
OUNCES*
1987 FMC
(Disbrow, 1987)
"Geological Reserve"
0.057 (1.95)
3,006,595
(2,727,537)
0.035 (1.20)
171,375
0.055 (1.89)
1989 FMC
623,700
(565,811)
0.032 (1.10)
34,304
"Reserves"
(Mine Reserve Associates)
0.044 (1.51)
"Geological Resource"
0.0375 (1.29)
1,014,400
(920,248)
32,361,539
(29,357,894)
0.024 (0.82)
44,634
1996 AGR (Pincock Allen
Holt PAH - Sandefur, 1996)
0.003 -0.012
(0.1 -0.4)
1,217,704
"In-pit Geological
Resource"
0.0385 (1.32)
13,649,974
(12,383,048)
0.003 -0.012
(0.1-0.4)
525,938
1996 AGR (Independent
Mining Consultants)
"In-pit Potential
Mineable Resource"
0.036 (1.23)
15,031,000
(13,635,894)
0.011 (0.38)
542,620
Indicated
0.025 (0.87)
2012 LGT (Pratical Mining
Swanson et al. 2012)
21,003,440
(19,054,000)
0.004 (0.14)
529,300
Inferred
0.020 (0.69)
14,083,130
(12,776,000)
0.004 (0.14)
281,000
Measured & Indicated
0.024 (0.81)
24,222,402
(21,974,200)
0.006 (0.20)
569,631
2013 LGT (Pratical Mining)
Inferred
0.018 (0.61)
13,781,831
0.006 (0.20)
268,959
*All resources are considered historical in nature and should not be relied upon. Resources completed prior to 2013 either do not use categories as set out in in the CIM Definition Standards on Mineral Resources & Mineral Reserves (2014), and/or
are out dated due to subsequent drilling.
**The author of this Technical Report does not have enough information to verify the 2012 or 2013 Practical Mining resource estimates (which were internal estimates with no formal technical reports) as current mineral resources, therefore they are
considered historical in nature and should not be relied upon.
***opt = troy ounces per short ton, gpt or g/t = grams per metric tonne.
09
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