The Meliadine project had approximately 12.4 million tonnes of probable reserves grading 7.2 grams of gold per tonne, containing 2.9 million ounces of gold, as of December 31, 2011.
Meliadine Project
Mineral Reserve & 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) |
| Proven Reserves |
|
| Open Pit |
7.31 |
- |
- |
- |
- |
- |
8 |
34 |
| Probable Reserves |
|
| Open Pit |
5.80 |
- |
- |
- |
- |
- |
987 |
5,292 |
| Underground |
8.20 |
- |
- |
- |
- |
- |
1,882 |
7,142 |
| Total Probable Reserves |
7.18 |
- |
- |
- |
- |
- |
2,869 |
12,434 |
| Total Proven & Probable Reserves |
7.18 |
- |
- |
- |
- |
- |
2,877 |
12,468 |
| Indicated Resources |
|
| Open Pit |
3.14 |
- |
- |
- |
- |
- |
611 |
6,049 |
| Underground |
4.96 |
- |
- |
- |
- |
- |
1,048 |
6,572 |
| Total Indicated Resources |
4.09 |
- |
- |
- |
- |
- |
1,658 |
12,621 |
| Inferred Resources |
|
| Open Pit |
3.53 |
- |
- |
- |
- |
- |
551 |
4,857 |
| Underground |
7.50 |
- |
- |
- |
- |
- |
1,887 |
7,830 |
| Total Inferred Resources |
5.98 |
- |
- |
- |
- |
- |
2,438 |
12,687 |
*Mineral reserves are not a subset of mineral resources.
Please refer to the company press release dated February 15, 2012 for further details on the mineral reserves and resources. The technical information has been prepared under the supervision of, and reviewed by, Marc Legault P.Eng., Senior Vice-president Project Evaluations, and a “Qualified Person” for the purposes of National Instrument 43-101. The Qualified Person responsible for the Meliadine mineral reserves estimate is Dyane Duquette, P.Geo., Superintendent of Geology, Technical Services Group.