The La India deposit had approximately 48 million tonnes of measured and indicated resources grading 0.7 grams of gold per tonne, and 32 million tonnes of inferred resources grading 0.7 grams of gold per tonne as of December 31, 2011.
La India Project
Mineral Resource Data |
| As of December 31, 2011 |
|
| CATEGORY & OPERATION |
Au
(g/t) |
Ag
(g/t) |
Cu
(%) |
Zn
(%) |
Pb
(%) |
Ag(oz)
(x000) |
Au(oz)
(x000) |
Tonnes
(x000) |
| Measured Resources |
|
| Open Pit |
1.06 |
- |
- |
- |
- |
- |
127 |
3,730 |
| Indicated Resources |
|
| Open Pit |
0.72 |
- |
- |
- |
- |
- |
1,023 |
44,496 |
| Measured & Indicated Resource |
0.74 |
- |
- |
- |
- |
- |
1,150 |
48,226 |
| Inferred Resources |
|
| Open Pit |
0.69 |
- |
- |
- |
- |
- |
715 |
32,125 |
Please refer to the company press release dated February 15, 2012 for further details on the mineral resources. The technical information has been prepared under the supervision of, and reviewed by, Marc Legault P.Eng., Senior Vice-president Project Evaluation, and a “Qualified Person” for the purposes of National Instrument 43-101. The Qualified Person responsible for the La India resources estimate is an independent consultant Matthew D. Gray, C.P.G. The Qualified Person responsible for the Tarachi resources estimate is an independent consultant Gary Giroux, P.Eng.