Mineral Resource Estimate
Table 1: Woodlark Global Resource Estimate
Category |
Tonnes (Million) |
Grade g/t Au |
Ounces (Thousand) |
---|---|---|---|
Measured | 21.24 | 1.10 | 754 |
Indicated | 18.94 | 0.98 | 597 |
Inferred | 6.80 | 1.00 | 222 |
Total | 47.00 | 1.04 | 1,573 |
Resource Estimations were undertaken for the Kulumadau, Busai, Woodlark King and Munasi deposits by independent consultants, MPR Geological Consultants of Perth, using drilling information from several generations of exploration.
Mineral Reserve Estimate
Table 6: Woodlark Global Reserve Estimate
Total by Deposit |
Category |
Tonnes (Mt) |
Grade g/t |
Ounces (oz) |
---|---|---|---|---|
Busai | Proven Probable |
9.3 4.3 |
1.03 0.87 |
307,300 120,900 |
Kulumadau | Proven Probable |
7.4 5.2 |
1.37 1.17 |
324,700 196,900 |
Woodlark King | Proven Probable |
1.9 0.8 |
1.06 0.84 |
65,00 22,800 |
Total Ore Reserve | Proven Probable Total |
18.6 10.4 28.9 |
1.17 1.02 1.12 |
697,00 340,600 1,037,600 |