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Resources & Reserve
Advanced Projects
Passendro Gold Project
Exploration
Mali
Senegal
Mozambique


All resources / reserves NI 43-101 compliant; based on 100% ownership

Category/Country

Tonnes



(Mt)

Grade



(g/t Au)

Gold Content



(oz)

Passendro – CAR

31.5

2.0

2,027,000

Indicated

21.7

1.6

1,104,000

Inferred

 

 

 


Proven

3.5

1.8

207,505

Probable

20.0

1.9

1,238,670

Total Reserve

23.5

1.9

1,446,175




Additional Low Grade

(0.8 to 0.3 g/t Au) cut-off within the Main Zone Pit



Category/Country









Tonnes




(Mt)









Grade




(g/t Au)









Gold Content




(oz)

Main Zone Pit

 

 

 

Indicated

27.5

0.5

458,000

Inferred

35.5

0.5

550,000

Technical Information:  All resources and reserves are based on 100% ownership. All estimates have been prepared under the guidelines of National Instrument 43-101 and accompanying documents 43-101.F1 and 43-101.CF.

Passendro:  Resource as of June 2009 (press release June 18, 2009); cut-off grades vary from 1.2 g/t Au, 1.0 g/t Au and 0.8 g/t Au; additional low grade resource (press release June 18, 2009) halo around higher grade mineralisation lies within 0.3-0.8 g/t Au; Proven and Probable Reserve (Press release April 2, 2008) included in Measured and Indicated Resource.