Investor Presentaiton
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BK11 NI 43-101 Inferred Resource Statement - effective 15.8.2015*
tangomining
17.4 million tonnes (Mt) Inferred Resource containing a total of 780,820 carats ("cts") of which approximately 9.0
Mt (Kimberlite Facies K2U, K2L and K3) averages 6.8 cts per hundred tonnes ("cpht") for a total of 608 000 cts,
with higher-grade areas being identified at 9.8 cpht.
BK11 contains good quality white diamonds in the top 10% of global gem diamond production in terms of value
per ct.
The recovery of a 1.5 ct high quality Type lla D colour diamond is significant as it indicates the presence of top
quality stones within the BK11 kimberlite, with the potential for large +100 ct stones.
Based on the 2015 market, diamond valuation experts advise price of US$260/ct and
an upside price of US$285/ct.
Av.
Facies Code
Confidence Level
MPH wt. av
Grade (cpht)
Volume
SG
Tonnes
(m³)
Tonnes
(Rnd Dwn)
Carats Dilution
%
1.5 ct high
quality Type
BK11 Kimberlite Pipe facies (Om to 150m bgl)
lla D colour
diamond
C
K1
Inferred Resource
Inferred Resource
1.11 683,954 2.48
K2U
K2L
K3
Inferred Resource
Inferred Resource
Inferred Resource
5.79
K4
Inferred Resource
3.00
CRB
Inferred Resource
2.00
Total 1
4.49
2.34 146,594 2.05
8.23 1,072,124
2.05
9.76 378,148 2.04
2,776,319 227
512,752 2.29
2,117,137 2.35
7,687,028 2.27
1,696,207 1,690,000 18,801 17
300,517 300,000 7,010 27
2,197,853 2,190,000 180,285 27
771,423 770,000 75,180 15
6,302 244 6,300,000 365,010 74
1,174,202 1,170,000 35,134 68
4,975,272 4,970,000 99,400 88
17,417,719 17,390,000 780,820
*see News Release dated 24.8.2015
TGV.TSXV
13.7 ct
diamond
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