Resources and Reserves
Resources and Reserves
Deposit |
Class |
Tonnes |
Cu |
Au |
CuEq |
Cu |
Au |
CuEq |
Mount Hope |
Indicated |
6.9 |
1.6 |
0.2 |
1.8 |
111,400 |
53,900 |
123,200 |
Inferred |
3.3 |
1.3 |
0.2 |
1.5 |
44,600 |
24,200 |
49,800 |
|
Sub-total |
10.3 |
1.5 |
0.2 |
1.7 |
156,000 |
78,100 |
173,000 |
|
Trekelano |
Indicated |
|
|
|
|
|
|
|
Inferred |
5.2 |
1.4 |
0.4 |
1.6 |
71,800 |
60,100 |
84,900 |
|
Sub-total |
5.2 |
1.4 |
0.4 |
1.6 |
71,800 |
60,100 |
84,900 |
|
Nil Desperandum |
Indicated |
3.3 |
1.2 |
0.2 |
1.4 |
39,800 |
22,000 |
44,600 |
Inferred |
1.0 |
1.4 |
0.4 |
1.7 |
13,900 |
11,400 |
16,300 |
|
Sub-total |
4.3 |
1.3 |
0.2 |
1.4 |
53,700 |
33,400 |
60,900 |
|
Lady Fanny |
Indicated |
1.7 |
1.4 |
0.2 |
1.5 |
23,300 |
11,500 |
25,800 |
Inferred |
1.4 |
1.2 |
0.3 |
1.4 |
17,500 |
11,600 |
20,100 |
|
Sub-total |
3.1 |
1.3 |
0.2 |
1.5 |
40,800 |
23,200 |
45,800 |
|
Mt Birnie |
Indicated |
|
|
|
|
|||
Inferred |
0.4 |
1.4 |
0.2 |
1.5 |
6,300 |
2,300 |
6,800 |
|
Sub-total |
0.4 |
1.4 |
0.2 |
1.5 |
6,300 |
2,300 |
6,800 |
|
Duchess |
Indicated |
|
|
|
|
|||
Inferred |
3.7 |
0.7 |
0.1 |
0.8 |
26,300 |
11,300 |
28,800 |
|
Sub-total |
3.7 |
0.7 |
0.1 |
0.8 |
26,300 |
11,300 |
28,800 |
|
Greater Duchess |
Indicated |
11.9 |
1.5 |
0.2 |
1.6 |
174,500 |
87,500 |
193,600 |
Inferred |
15.0 |
1.2 |
0.3 |
1.4 |
180,400 |
120,800 |
206,700 |
|
Total |
26.9 |
1.3 |
0.2 |
1.5 |
354,900 |
208,300 |
400,300 |
Notes:
- Note – Rounding discrepancies may occur.
- Note – Mount Hope is 100% CNB, Nil Desperandum, Mount Birnie and Duchess are 82.5% CNB, Lady Fanny is 82.5-100% CNB.
- Note – The inclusion of Trekelano is subject to completion of the Trekelano Acquisition. Refer to ASX release dated 28 November 2024 for details.
- Note – The CuEq calculation is CuEq= Cu% + (Au_ppm * 0.7) and is based on September 2023 spot prices of US$8,500/t for copper and US$1,950/oz for gold, exchange rate of 0.67 and recovery of 95% copper and 90% gold as demonstrated in preliminary metallurgical test work carried out in 2023. It is the Company’s opinion that all the elements included in the metal equivalents calculation have a reasonable potential to be recovered and sold.
