Reserves and Resources
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Reserves and Resources
Reserves |
Project |
Tonnes (Mt) |
Grade (g/t) |
Gold ('000 oz) |
Proven |
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|
|
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 |
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Resources |
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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 |
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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 |
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Combined Summary - All Projects |
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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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