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Lamaque Gold Project Reserves/Resources
| NI
43-101 Compliant
Reserves & Resources –
Updated June 2009 |
| Category |
Metric Tonnes |
Grade grams/tonne |
Gold Ounces |
| Proven & Probable Reserves |
7,736,181 |
4.56 |
1,134,971 |
| Measured & Indicated Resource |
8,305,551 |
4.81 |
1,283,891 |
| Inferred Resource |
19,680,673 |
4.95 |
3,130,779 |
| NI
43-101 Compliant
Reserves & Resources –
February 2009 |
| Category |
Metric Tonnes |
Grade grams/tonne |
Gold Ounces |
| Proven & Probable Reserves |
7,736,181 |
4.56 |
1,134,971 |
| Measured & Indicated Resource |
6,523,328 |
5.02 |
1,052,558 |
| Inferred Resource |
17,839,915 |
4.83 |
2,832,389 |
| NI
43-101 Compliant Reserves & Resources – January 2008 |
| Category |
Metric Tonnes |
Grade grams/tonne |
Gold Ounces |
| Proven & Probable Reserves |
7,736,181 |
4.56 |
1,134,971 |
| Measured & Indicated Resource |
3,687,308 |
5.27 |
624,201 |
| Inferred Resource |
17,839,915 |
4.83 |
2,832,389 |
San Juan Gold Mine Reserve/Resources
| San Juan - April 2008 |
| Category |
Tonnes |
Grade (g/t Au) |
Gold Ounces |
| Proven & Probable Reserves |
653,445 |
8.87 |
186,316 |
| Measured & Indicated Resource |
202,155 |
2.53 |
16,475 |
| Inferred Resource |
589,025 |
9.25 |
175,125 |
Note: The resource additions were
calculated using the Inverse Distance Weighted (IDW)
Power of "2" method at a cutoff grade of 2.1 g/t Au.
Resource gold ounces exclude reserve gold ounces. The
resource evaluations presented above were prepared by
Mr. Ross Burns, P Geo., LG, Vice President of
Exploration. This information was prepared under the
guidance of Mr. Burns, who is designated as a Qualified
Person under National Instrument 43-101, with the
ability and authority to verify the authenticity and
validity of the data.
Technical Reports
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