|
Parys Mountain Mineral Resource estimate at $80 per tonne GMPV* Cut-Off |
|||||||
|
Zone |
Category |
Tonnes |
Cu % |
Pb % |
Zn % |
Ag g/t |
Au g/t |
|
Engine |
Indicated |
489,000 |
1.38 |
2.61 |
4.99 |
92.8 |
0.5 |
|
|
Inferred |
121,000 |
1.74 |
3.42 |
6.74 |
70.0 |
0.5 |
|
Deep Engine |
Inferred |
618,000 |
1.95 |
1.90 |
4.22 |
23.0 |
0.2 |
|
White Rock |
Indicated |
1,625,000 |
0.34 |
2.05 |
3.84 |
33.0 |
0.5 |
|
|
Inferred |
534,000 |
0.38 |
1.93 |
4.04 |
41.0 |
0.4 |
|
Garth Daniel |
Inferred |
299,000 |
2.06 |
3.07 |
6.43 |
75.0 |
0.2 |
|
Northern |
Inferred |
2,542,000 |
1.48 |
0.56 |
0.94 |
6.0 |
0.4 |
|
Total |
Indicated |
2,114,000 |
0.58 |
2.18 |
4.11 |
46.0 |
0.5 |
|
|
Inferred |
4,114,000 |
1.46 |
1.20 |
2.40 |
20.0 |
0.3 |
Source: Micon. GMPV (gross mineral product value) based on Cu $3.50/lb, Pb $1.00/lb, Zn $0.90/lb,
Ag $33/oz, Au $1700/oz.
*GMPV is the sum of the products of the metal prices shown, with a 65% gross recovery factor and the various block grades to produce a single Gross Metal Product Value (“GMPV”) value for each block. Micon reported the mineral resources by category following the guidelines of the JORC Code, for a range of GMPV cut-off values from $0 per tonne to $200 per tonne. This resource is shown for an $80 GMPV Cut-Off.