Atlantic Operations Overview
Atlantic Open Pits - Ore Reserves and Strip Ratios
Proved
Probable
Total
Strip Ratio
Tonnes
Grade
Ounces
Tonnes
Grade
Ounces
Tonnes
Grade
Deposit
(000's)
(g/t Au)
(000's)
(000's)
(g/t Au)
(000's)
(000's)
(g/t Au)
Ounces
(000's)
waste:ore
Fifteen Mile Stream
5,580
1.1
196
11,180
1.1
381
16,760
1.1
577
2.3
Beaver Dam
4,340
1.4
195
3,490
1.3
150
7,840
1.4
345
5.6
Sub-total- BD + FMS
9,920
1.2
391
14,670
1.1
531
24,600
1.2
922
3.4
Cochrane Hill
10,250
1.1
356
5,130
1.0
158
15,380
1.0
514
3.5
Total - BD + FMS + CH
20,170
1.2
747
19,800
1.1
689
39,980
1.1
1,436
3.4
Note: St Barbara Group's Ore Reserve estimates are as at 31 December 2022, extracted from the report titled 'Ore Reserves and Mineral Resources Statements as at 31 December 2022' released to the ASX on 22 February 2023.
Ore Reserves are based on a gold price of: Atlantic Gold (C$1,875/oz for Touquoy, C$1,948/oz for Beaver Dam and C$1,688/oz for Fifteen Mile Stream & Cochrane Hill) and Simberi (US$1,500/oz)
1.
2.
Cut-off Grades Atlantic Mining (0.3 g/t Au - 0.4 g/t Au), Simberi Oxide (0.4 g/t Au).
3.
Rounding may result in apparent summation differences between tonnes, grade and contained metal.
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