The newest resource definition was completed according to JORC 2012 code by the industry-leading consulting company Xenith. The data used for the resource definition were based on our three large drilling programs since 2014 (details see in exploration).
The defined mineral resources are located in EL 28291, and a total of 144 million tonnes of resources was defined, of which 139.2 million tonnes are on measured and indicated basis.
Table of Resource Estimate Summary (by Xenith)
Note to resources calculation
Total HM% cut-off at 3% on a dry basis
Ore bodies less than 0.5 m are excluded from the resource definition
Slimes less than 53 millimetres are excluded from the resource definition
Resources outside of EL28291 are excluded from the resource definition
AAPA impacted zone are excluded
Resource classification based on data point (drill hole) density
Resource classification map within EL 28291 (by Xenith). Yellow highlighting current producing area within 3 Mining Licenses
Bird's-eye view of the production area within three Mining Licenses
Production is currently focused on three mining licenses, ML 27422, ML 29402 and ML 31403, which only cover a small proportion of the resources defining area (see Mining and Processing for details).