As of December 31, 2010, Lapa had 2.8 million tonnes of proven and probable reserves grading 7.4 grams of gold per tonne and containing 677,000 ounces of gold.
Lapa December 31, 2010 Mineral Reserves and Resources*
|
Gold
(g/tonne) |
Tonnes
(000s) |
Gold Ounces
(000s) |
| Proven Reserves |
7.24 |
1,122 |
261 |
| Probable Reserves |
7.56 |
1,709 |
416 |
| Proven & Probable Reserves |
7.43 |
2,831 |
677 |
| Indicated Resources |
4.10 |
1,770 |
233 |
| Inferred Resources |
8.27 |
454 |
121 |
*Mineral reserves are not a subset of mineral resources.
Please refer to the Company press release dated February 16, 2011 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., Vice-president Project Development, and a “Qualified Person” for the purposes of National Instrument 43-101. The Qualified Person responsible for the Lapa mineral reserves estimate is Normand Bédard P.Geo., the Superintendent of Geology for the Lapa Division.