Rusoro Mining Ltd.
Rusoro Mining Ltd.

Reserves and Resources


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Rusoro Mining Ltd. Rusoro Mining Ltd.

Reserves and Resources



Reserves

Project

Tonnes (Mt)

Grade (g/t)

Gold ('000 oz)

Proven

 

 

 

Choco 10 *

2.70

2.7

234

Isidora

0.07

37.2

84

Probable

 

 

 

Choco 10 *

15.00

3.3

1,601

Isidora

0.11

28.8

101

Total P & P

17.88

3.5

2,020

 

Resources

 

 

 

Measured & Indicated Resources (inclusive of Reserves)

Project

Tonnes (Mt)

Grade (g/t)

Gold ('000 oz)

Measured

 

 

 

Choco 10 *

2.64

2.9

243

Isidora

0.11

29.1

100

Indicated

 

 

 

Choco 10 *

56.30

2.5

4,435

Increible

23.45

2.1

1,590

Isidora

0.36

19.8

230

Emilia

-

-

-

San Rafael / El Placer

0.64

19.4

399

Valle Hondo

3.50

0.9

101

Ceiba

-

-

-

Total M&I

87.00

2.5

7,099

 

Inferred Resources

Project

Tonnes (Mt)

Grade (g/t)

Gold ('000 oz)

Choco 10 *

42.90

2.2

3,020

Increible

17.53

2.0

1,100

Isidora

0.10

14.1

45

Twin Shear
1.20
12.5
482

Emilia

0.37

7.0

83

San Rafael / El Placer

0.70

23.2

523.5

Valle Hondo

47.00

0.9

1,360

Ceiba

1.55

9.2

458.5

Total Inferred Resources

111.35

1.9

7,072

 

 

 

 

Combined Summary - All Projects

 

 

Category

Tonnes (Mt)

Grade (g/t)

Gold ('000 oz)

Reserves P&P

17.88

3.5

2,020

Resources M&I

87.00

2.5

7,099

Resources Inf.

111.35

1.9

7,072

Estimation parameters for 43-101 reports by Micon International or Scott Wilson Roscoe Postle:  
1. Reserves and Resources are NI 43-101 compliant and follow the definitions for proven and probable reserves and Measured, Indicated and Inferred resource established by the CIM.
2. Interpretation and modeling completed on 25 metre to 12.5 metre spaced cross sections using Gemcom software.
3. Grade for Inc6 was interpolated using an inverse distance squared computation on two metre composites created using capped assays
4. Grades for Choco 10 and Valle Hondo resources were estimated using three-dimensional computerized models containing geological data and kriged estimated grades
5. Cut off used of 0.5 g/t for Inc6, Choco, and Valle Hondo / 4.0 g/t for underground zones at Ceiba, and 8.0g/t for Isidora, Emilia and SREP
6. SG values range from 1.7 to 2.0 for saprolite and 2.7 to 2.8 for hardrock.
7. Resources are inclusive of reserves.
8. For Choco 10 reserve and resource figures Rusoro's ownership is 95%.
9. Numbers may not add due to rounding.

 
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