| |
Gold Resources
| Category |
Tons
|
Gold Grade (ounce/ton)
|
Contained Ounces
|
| |
|
|
|
| Measured & Indicated |
|
|
|
| Briggs - 100 % (1) |
32,531,000
|
0.020
|
642,000
|
| Cecil R - Briggs Satellite - 100% (2) |
3,240,000
|
0.023
|
73,000
|
| Reward - 100% (3) |
11,003,000
|
0.024
|
259,000
|
| Columbia -- 100% (4) |
16,665,000
|
0.045
|
742,000
|
| Pinson - 30% (5) (6) |
752,000
|
0.424
|
320,000
|
| Total Measured and Indicated |
|
|
2,036,000
|
| Inferred |
|
|
|
| Briggs - 100%(1) |
15,313,000
|
0.017
|
264,000
|
| Cecil R - Briggs Satellite - 100% (2) |
5,144,000
|
0.019
|
99,000
|
| Reward - 100% (3) |
2,819,000
|
0.018
|
51,000
|
| Columbia -- 100% (4) |
10,705,000
|
0.042
|
454,000
|
| Pinson - 30% (5) (6) |
1,012,350
|
0.34
|
344,000
|
| Total Inferred |
|
|
1,212,000
|
- NI 43-101 Technical Report Briggs Project, March 30, 2009, updated February, 2010
- Cecil R press release dated, March 2, 2010
- NI 43-101 Technical Report Reward Gold Project, March 2008
- NI 43-101 Technical Report Columbia Project ,October 2009
- Pinson: Project Basis: Atna 30%, Barrick 70%
- NI 43-101 Technical Report Pinson Gold Property, December 2007
Gold Reserves
| Category |
Tons
|
Gold Grade (ounce/ton)
|
Contained Ounces
|
| |
|
|
|
| Briggs (1) - 100% Atna |
|
|
|
| Proven |
5,740,000
|
0.022
|
127,220
|
| Probable |
6,075,000
|
0.020
|
120,000
|
| Proven and Probable |
|
0.021
|
232,670
|
| Reward (2) - 100% Atna |
|
|
|
| Proven |
1,366,000
|
0.027
|
37,220
|
| Probable |
5,781,400
|
0.024
|
136,480
|
| Proven and Probable |
|
|
173,700
|
| Total Proven and Probable |
|
|
406,370
|
- Briggs 0.007 oz/ton incremental leach cutoff grade & US $845 gold price. 2.8:1 waste to ore ratio
- Reward > $1.0 net incremental value & US$845 per ounce gold price.2.8:1 waste to ore ratio
| |
