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DEVELOP GLOBAL LIMITED — Investor Presentation 2011
Nov 15, 2011
64801_rns_2011-11-15_c4d45130-efba-44e4-8265-11d1615a6133.pdf
Investor Presentation
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VENTUREX RESOURCES LIMITED: THE NEW AUSTRALIAN COPPER-ZINC DEVELOPER
Tim Sugden, Managing Director PPR Media Luncheon 16 November 2011
ASX Code: VXR
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Disclaimer
This presentation is not a prospectus nor an offer of securities for subscription or sale in any jurisdiction nor a securities recommendation. The information in this presentation is an overview and does not contain all information necessary for investment decisions. In making investment decisions, investors should rely on their own examination of Venturex Resources Limited and consult with their own legal, tax, business and/or financial advisers in connection with any acquisition of securities. The information contained in this presentation has been prepared in good faith by Venturex Resources Limited. However, no representation or warranty, express or implied, is made as to the accuracy, correctness, completeness or adequacy of any statements, estimates, opinions or other information contained in this presentation. To the maximum extent permitted by law, Venturex Resources Limited, its directors, officers, employees and agents disclaim liability for any loss or damage which may be suffered by any person through the use of, or reliance on, anything contained in or omitted from this presentation. Certain information in this presentation refers to the intentions of Venturex Resources Limited, but these are not intended to be forecasts, forward looking statements, or statements about future matters for the purposes of the Corporations Act or any other applicable law. The occurrence of events in the future are subject to risks, uncertainties and other factors that may cause Venturex Resources Limited’s actual results, performance or achievements to differ from those referred to in this presentation will actually occur as contemplated. The presentation contains only a synopsis of more detailed information published in relation to the matters described in this document and accordingly no reliance may be placed for any purpose whatsoever on the sufficiency or completeness of such information and to do so could potentially expose you to a significant risk of losing all of the property invested by you or incurring by you of additional liability. Recipients of this presentation should conduct their own investigation, evaluation and analysis of the business, data and property described in this document. In particular any estimates or projections or opinions contained herein necessarily involve significant elements of subjective judgment, analysis and assumptions and you should satisfy yourself in relation to such matters.
Competency Statement
The information in this report that relates to Exploration Results, Mineral Resources and Ore Reserves (excepting Sulphur Springs) in the Pilbara VMS Cu-Zn Project is based on information compiled or reviewed by Dr Tim Sugden BSc, PhD, and Mr Steven Wood who are Members of the Australasian Institute of Mining and Metallurgy. Dr Sugden and Mr Wood are full time employees of Venturex Resources Limited and have sufficient experience relevant to the style of mineralisation, type of deposit under consideration and to the activity being undertaking to qualify as Competent Persons as defined in the 2004 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Dr Sugden and Mr Wood consent to the inclusion in the report of the matters based on their information in the form and context in which it appears.
The information in this report that relates to Ore Reserves at Sulphur Springs is based on information compiled or reviewed by Mr David Clark who is a Member of the Australasian Institute of Mining and Metallurgy. Mr Clark is a full time employee of RMDSTEM Limited and has sufficient experience relevant to the style of mineralisation, type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2004 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Mr Clark consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.
The information in this report that relates to Brazil Exploration Results is based on information compiled by Mr Karl Weber who is a Member of the Australasian Institute of Mining and Metallurgy. Mr Weber is a fulltime employee of CMG Mineração Ltda, a wholly owned subsidiary of Venturex Resources Limited, and has sufficient experience relevant to the style of mineralisation, type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Mr Weber consents to the inclusion in the report of the matters based on their information in the form and context in which it appears.
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Key Project Areas
Advanced feasibility study for Australia’s next Cu-Zn VMS[1] mine
Exploring for large gold deposits in Brazil
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1 Volcanogenic Massive Sulphide
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Venturex: Investment Case
- Scarcity of Emerging Copper-Zinc Producers
Positioned to benefit from robust copper market and forecast zinc supply deficit
Management
A growing team of experienced project development professionals Quality Resources With Growth Through Exploration Large resource base and control of four VMS belts Location & Infrastructure
Low sovereign risk and developing in infrastructure-rich region Upside
Project expansion and gold discovery opportunities in Brazil
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Where are the New Copper-Zinc Producers?
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= $100m
OZL
PNA
JML
KZL
TGS
PEM
ABY
SRQ TZN
HGO BSM
SFR
IBG
CDU
DML VXR MII
RXM
FND
A RARE
MGO BTR
AOH TRO
SPECIES
ENR
SAVI
SWN TOVR
SMD PDZ
COPPER COPPER-ZINC ZINC
Producer
RE-
RATING
Developer
Explorer
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World Production Outlook
Robust demand/supply & price outlook for:
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Copper
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and Zinc
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Plus positive views on Gold, Silver and Lead…
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Source: CRU International; Brook Hunt; GS&PA Research estimates
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Directors & Senior Management
Mr Tony Kiernan, LLB - Non-Executive Chairman
Mr Kiernan is a solicitor with 35 years experience in management and operation of listed public companies. He is also Chairman of BC Iron and Uranium Equities, and a Director of Liontown Resources and Chalice Gold Mines.
Dr Allan Trench, BSc, PhD, MSc, MBA - Non-Executive Director
Dr Trench is a geologist/geophysicist with 20 years experience in the resources sector, and has extensive business consulting experience. He is Chairman of Navigator Resources and Acadian Mining, and Director of Pioneer Resources and Hot Chili.
Mr John Nitschke, BE(Min), MSc - Non-Executive Director
New Appointment
Mr Nitschke is a mining engineer with over 35 years experience in the mining industry with substantial experience in large resource companies. He is Chairman of TSX-V listed Continental Nickel and a Director of IMX Resources and Toro Energy.
Dr Tim Sugden, BSc, PhD - Managing Director
Dr Sugden has 24 years experience in resources industry including operations General Manager for Normandy and Newmont. He was co-founder and Director of Agincourt Resources and Nova Energy, and is Chairman of Newland Resources.
Mr Anthony Reilly, BEc - Executive Director
Mr Reilly has extensive international experience in financial markets, risk management and corporate finance. He was a senior Manager for Westpac in UK and was a founding Director of CMG Mineração.
Mr Ian Suckling, BAppSc (Min) - Chief Operating Officer
New Appointment
Mr Suckling has over 35 years experience as a Mining Engineer, including General Manager of Yandal Operations, General Manager Operations with Sino Mining International and most recently was Senior Director – Underground Mine Engineering for Newmont Mining Corporation.
Ms Liza Carpene, MBA, ACIS - Company Secretary
Ms Carpene has over 15 years experience in corporate administration, HR, IT and community relations with Normandy, Newmont, Agincourt and Oxiana. She has held extensive operational management roles in Australia and Indonesia.
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Pilbara Cu-Zn VMS Project Substantial Resources with Further Growth Potential
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TARGET
900,000
~800,000t
26.2 CuEQ
800,000
million CURRENT
RESOURCE
700,000
Tonnes @ ~550,000t
CuEQ
600,000 2.2% Cu
EQ
500,000
400,000
300,000
200,000
100,000
-
2008 2009 2010 2011+
2009 2010 2011 2012+
Copper (EQ) Metal Tonnes
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1 The exploration target is conceptual in nature and there has been insufficient exploration to define a Mineral Resource, and it is uncertain if further exploration will result in the determination of a mineral resource under the JORC Code.
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Control of 4 VMS Belts and all Major VMS Discoveries in the Pilbara xx Reason to Own VXR Shares
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Pie size represents contained metal in Mineral Resources expressed as CuEQ
Salt Creek
1.0Mt @ 4.9% CuEQ
Whim Creek
1.03mt @ 1.9% CuEQ
Sulphur Springs
19.3mt @ 2.2% CuEQ
Au
Ag
Pb
Cu
Zn
Mons Cupri
4.94mt @ 1.6% CuEQ
Liberty-Indee
0.66Mt @ 3.5% CuEQ
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Liberty-Indee
0.66Mt @ 3.5% CuEQ
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Source: Wood Mackenzie, Citi Investment Research and Analysis
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Near Surface High Grade Ore (Mons Cupri)
| Mons Cupri Mineral Resources Statement | ||||||||
| Tonnes x 1000 |
Cu % |
Zn % |
Pb % |
Ag g/t |
Au g/t |
CuEQ % |
||
| Measured | 1,273 | 1.5 | 1.7 | 0.8 | 41.1 | 0.3 | 2.4 | |
| Indicated | 3,286 | 0.7 | 1.1 | 0.4 | 17.7 | 0.1 | 1.2 | |
| Inferred | 48 | 0.7 | 0.6 | 0.1 | 9.0 | 0.0 | 0.9 | |
| Total | 4,607 | 0.9 | 1.3 | 0.5 | 24.1 | 0.1 | 1.5 |
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Mons Cupri South West – An Emerging Discovery?
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Mons Cupri South West – An Emerging Discovery?
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Footprint of
~ 5 million tonne VMS
target
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Chalcopyrite in Hole VWD10
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Cu-Zn Deposit
| ~~Sulphur Springs~~ | ~~Sulphur Springs~~ | ~~Sulphur Springs~~ | ~~Sulphur Springs~~ | ~~Sulphur Springs~~ | ~~Sulphur Springs~~ | ~~Sulphur Springs~~ | ~~Sulphur Springs~~ |
|---|---|---|---|---|---|---|---|
Sulphur Springs Mineral Resources Statement |
|||||||
| ~~L~~ Tonnes x 1000 |
~~on~~ Cu % |
~~g S~~ Zn % |
~~ecti~~ Pb % |
~~on~~ Ag g/t |
Au g/t |
CuEQ % |
|
| Measured | 4,260 | 1.7 | 3.4 | 0.2 | 18.2 | 0.0 | 2.5 |
| Indicated | 9,621 | 1.3 | 3.8 | 0.2 | 18.2 | 0.0 | 2.2 |
| Inferred | 5,154 | 0.7 | 2.0 | 0.2 | 13.9 | 0.0 | 1.3 |
| Total | 19,035 | 1.2 | 3.2 | 0.2 | 17.0 | 0.0 | 2.0 |
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Sulphur Springs Exploration Targets
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Salt Creek – A High Grade VMS System Additional High Grade Zinc/Copper Production Opportunity
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3.3m @
11.1% Cu
7.3m @
2.8% Cu 6.0m @
5.6% Cu
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Liberty-Indee: Multiple Drill Targets
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35% Cu
(Niton)
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500m
Gossan
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- 12kms of prospective horizon
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Numerous VTEM targets
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Liberty-Indee Evelyn Discovery
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Bankable Feasibility Study – Key Points
Significant new Copper-Zinc production centre
Incorporating ~40% of Mineral Resources
Targeting initial 9 year life
Annual throughput up to 1.5 million tonnes
Targeting annual production of:
20,000t Copper
40,000t Zinc
700,000oz Silver
Optimising use of existing infrastructure Export of concentrates via Port Hedland BFS completion date 1[st] Quarter 2012 First production 4[th] Quarter 2013
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Developing in an Infrastructure-Rich Region
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Concentrate
Export
Centralised Processing
Facility
Open Pit Mining
Mons Cupri
Whim Creek
Underground
Mining Operation
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Established Minesite Infrastructure
- Significant infrastructure in place
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Crusher
-
Power
-
Water
-
Roads
-
Accommodation village
-
Hotel
Path to fast track development
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Simple Open Pit Mining Plan
Massive sulphide ore present just below base of existing oxide pit Simple cut back, conventional open pit operation High Grade Cu-Zn Zone Low strip ratio Extensions at Mons Cupri North West Cu Stringer Zone
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Sulphur Springs: A Simple High Productivity Mine Planned production rate of 850,000tpa @ 3.0% Cu EQ
| SULPHUR SPRINGS PROBABLE RESERVE Domain Tonnes Cu % Zn % Pb % Ag g/t Cu EQ % Copper 4,255,000 2.1 3.7 0.2 17 3.1 Zinc 1,408,000 1.1 6.0 0.3 23 2.6 Total 5,663,000 1.9 4.3 0.2 18 3.0 Note: only 30% of total resource in reserve category |
|
|---|---|
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Planned Mill Throughput
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Target Annual Average Production Rates
Mons Cupri/Whim Creek ~650,00 tpa @ 2.1% CuEQ
18-20,000t Cu 38-40,000t Zn Mill Throughput ~1,500,000 tpa 3,600t Pb @ 2.7% CuEQ
Sulphur Springs ~850,000 tpa @ 3.0% CuEQ
700,000oz Ag 1,500oz Au
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Exceptional Metallurgy Highly Marketable Concentrates
| SULPHUR SPRINGS LOCKED CYCLE FLOTATION RESULTS |
SULPHUR SPRINGS LOCKED CYCLE FLOTATION RESULTS |
SULPHUR SPRINGS LOCKED CYCLE FLOTATION RESULTS |
SULPHUR SPRINGS LOCKED CYCLE FLOTATION RESULTS |
SULPHUR SPRINGS LOCKED CYCLE FLOTATION RESULTS |
SULPHUR SPRINGS LOCKED CYCLE FLOTATION RESULTS |
SULPHUR SPRINGS LOCKED CYCLE FLOTATION RESULTS |
SULPHUR SPRINGS LOCKED CYCLE FLOTATION RESULTS |
SULPHUR SPRINGS LOCKED CYCLE FLOTATION RESULTS |
SULPHUR SPRINGS LOCKED CYCLE FLOTATION RESULTS |
|---|---|---|---|---|---|---|---|---|---|
| MASS | COPPER | ZINC | SILVER | LEAD | |||||
| PRODUCTS RECOVERED | % | Grade % |
% dist |
Grade % |
% dist |
Grade ppm |
% dist |
Grade % |
% dist |
| Copper ReCl Concentrate 1-3 | 6.3 | 26.4 | 95.1 | 1.3 | 2.0 | 74 | 25.3 | 1.09 | 39.2 |
| Zinc ReCl Concentrate 1-3 | 6.3 | 0.5 | 1.9 | 58.9 | 90.3 | 56 | 19.1 | 0.22 | 7.7 |
| Zinc Rougher Tails | 87.4 | 0.06 | 3.0 | 0.36 | 7.7 | 12 | 55.6 | 0.11 | 53.1 |
| Calculated Head | 100.0 | 1.75 | 100.0 | 4.11 | 100.0 | 18 | 100.0 | 0.18 | 100.0 |
| Assay Head | 1.82 | 4.00 | 18 | 0.17 |
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Salt Creek – Direct Shipping Ore Potential Scoping study underway to lift planned zinc production to 60,000tpa
| Metal | Assay | Value/t | |||
|---|---|---|---|---|---|
| Zinc | 49.2 % | $1,035 | |||
| Lead | 7.1 % | $170 | |||
| Silver | 327 g/t | $423 | |||
| Gold | 4.1 g/t | $238 | |||
| Indium | 223 g/t | $169 | |||
| Total | $2,035 | ||||
| Based on metal prices on 12/9/11; $A/$US = 1.03 | |||||
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Near Term Production
Oct 2011 Oct 2012 Oct 2013 Mining Plant & Infrastructure Tailings Dam Board Approval Permitting Financing Project Execution Construction Production
Indicative timetable. Development subject to permitting and finance .
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Gold Exploration in Brazil A Developing Story…
-
CMG Mineração Ltda is an incorporated and registered Brazilian exploration company 100% owned by Venturex
-
Focused on discovery of large gold deposits
-
Established exploration team in Cuiabá
-
Projects in Mato Grosso and Tapajós gold district, Pará
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Large Land Holding in the Tapajós Largest alluvial gold province in Brazil, estimated production of 20-30 Moz 1978-1995
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Serra Verde Gold Project
Fofoca Velha, brecciated altered granite
High Grade Fofoca Velha Vein +100g/t
Spider veined granite
Doca Vein - Shaft Intensely sericitised, silicified Granite and vein material Doca Prospect Shaft
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Grande Canaã Gold Project
- 4 Exploration Licences
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Local mining activities have exposed
stockwork veined, sulphidised
granite.
10m @
1.27g/t Au
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VXR: The New Australian Copper-Zinc Developer
[] [The only emerging copper-zinc producer in Australia ]
Large resource base and enviable ground position
Existing infrastructure to reduce capital requirements
- Development decision early in 2012
Significant copper, zinc and silver production by late 2013
Multiple exploration/production upsides
- Potential for large gold discoveries in Brazil
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THANK YOU ANY QUESTIONS?
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Pilbara Resources & Reserves as at 1 Se tember 2011 p
MINERAL RESOURCES
ORE RESERVES
| Indicated 967 1.4 1.2 0.2 8.8 0.1 1.8 Probable 687 1.7 1.1 0.2 8.9 0.1 2.1 Inferred 4 0.5 2.3 0.6 13.9 0.1 1.1 Sub-total 972 1.4 1.2 0.2 8.8 0.1 1.8 Sub-total 687 1.7 1.1 0.2 8.9 0.1 2.1 Measured 1,273 1.5 1.7 0.8 41.1 0.3 2.4 Indicated 3,286 0.7 1.1 0.4 17.7 0.1 1.2 Probable 2,815 1.1 1.8 0.8 32.1 0.2 1.9 Inferred 48 0.7 0.6 0.1 9.0 0.0 0.9 Sub-total 4,607 0.9 1.3 0.5 24.1 0.1 1.5 Sub-total 2,815 1.1 1.8 0.8 32.1 0.2 1.9 Zn Indicated 475 0.2 14.1 4.4 107.1 0.5 6.4 Probable 361 0.2 12.8 4.2 109.2 0.5 6.0 Indicated 423 3.7 0.9 0.1 2.7 0.1 4.0 Probable 236 4.1 1.3 0.2 3.2 0.1 4.6 Inferred 105 3.5 0.1 0.0 1.5 0.0 3.6 Zn/Cu Sub-total 1,003 2.0 7.0 2.1 52.0 0.3 5.1 Sub-total 597 1.8 6.6 2.1 53.1 0.3 4.8 Indicated 453 2.2 4.5 0.4 42.0 0.9 4.0 Probable 361 2.2 4.5 0.4 40.7 0.9 4.0 Inferred 204 1.0 1.8 0.2 22.4 0.4 1.8 Sub-total 657 1.8 3.7 0.3 35.9 0.8 3.3 Sub-total 361 2.2 4.5 0.4 40.7 0.9 4.0 Measured 4,260 1.7 3.4 0.2 18.2 0.0 2.5 Indicated 9,621 1.3 3.8 0.2 18.2 0.0 2.2 Probable 5,663 1.9 4.3 0.0 18.0 0.0 3.0 Inferred 5,154 0.7 2.0 0.2 13.9 0.0 1.3 Sub-total 19,035 1.2 3.2 0.2 17.0 0.0 2.0 5,663 1.9 4.3 0.0 18.0 0.0 3.0 Measured 5,533 1.6 3.0 0.3 23.4 0.1 2.5 Indicated 15,226 1.2 3.3 0.4 20.6 0.1 2.2 Probable 10,123 1.7 3.6 0.4 25.0 0.1 2.8 Inferred 5,515 0.8 1.9 0.2 13.9 0.0 1.3 Total Sulphide Resources 26,274 1.2 3.0 0.3 19.8 0.1 2.1 Total Sulphide Reserves 10,123 1.7 3.6 0.4 25.0 0.1 2.8 MINERAL RESOURCES ORE RESERVES Location Tonnes x 1,000 Cu wt% Zn wt% Pb wt% Ag g/t Au g/t CuEQ wt % Salt Creek Cu Liberty- Indee CuEQ wt % Whim Creek Mons Cupri Tonnes x 1,000 Cu wt% Zn wt% Pb wt% All Locations JORC Classification JORC Classification Sulphur Springs Ag g/t Au g/t |
Indicated 967 1.4 1.2 0.2 8.8 0.1 1.8 Probable 687 1.7 1.1 0.2 8.9 0.1 2.1 Inferred 4 0.5 2.3 0.6 13.9 0.1 1.1 Sub-total 972 1.4 1.2 0.2 8.8 0.1 1.8 Sub-total 687 1.7 1.1 0.2 8.9 0.1 2.1 Measured 1,273 1.5 1.7 0.8 41.1 0.3 2.4 Indicated 3,286 0.7 1.1 0.4 17.7 0.1 1.2 Probable 2,815 1.1 1.8 0.8 32.1 0.2 1.9 Inferred 48 0.7 0.6 0.1 9.0 0.0 0.9 Sub-total 4,607 0.9 1.3 0.5 24.1 0.1 1.5 Sub-total 2,815 1.1 1.8 0.8 32.1 0.2 1.9 Zn Indicated 475 0.2 14.1 4.4 107.1 0.5 6.4 Probable 361 0.2 12.8 4.2 109.2 0.5 6.0 Indicated 423 3.7 0.9 0.1 2.7 0.1 4.0 Probable 236 4.1 1.3 0.2 3.2 0.1 4.6 Inferred 105 3.5 0.1 0.0 1.5 0.0 3.6 Zn/Cu Sub-total 1,003 2.0 7.0 2.1 52.0 0.3 5.1 Sub-total 597 1.8 6.6 2.1 53.1 0.3 4.8 Indicated 453 2.2 4.5 0.4 42.0 0.9 4.0 Probable 361 2.2 4.5 0.4 40.7 0.9 4.0 Inferred 204 1.0 1.8 0.2 22.4 0.4 1.8 Sub-total 657 1.8 3.7 0.3 35.9 0.8 3.3 Sub-total 361 2.2 4.5 0.4 40.7 0.9 4.0 Measured 4,260 1.7 3.4 0.2 18.2 0.0 2.5 Indicated 9,621 1.3 3.8 0.2 18.2 0.0 2.2 Probable 5,663 1.9 4.3 0.0 18.0 0.0 3.0 Inferred 5,154 0.7 2.0 0.2 13.9 0.0 1.3 Sub-total 19,035 1.2 3.2 0.2 17.0 0.0 2.0 5,663 1.9 4.3 0.0 18.0 0.0 3.0 Measured 5,533 1.6 3.0 0.3 23.4 0.1 2.5 Indicated 15,226 1.2 3.3 0.4 20.6 0.1 2.2 Probable 10,123 1.7 3.6 0.4 25.0 0.1 2.8 Inferred 5,515 0.8 1.9 0.2 13.9 0.0 1.3 Total Sulphide Resources 26,274 1.2 3.0 0.3 19.8 0.1 2.1 Total Sulphide Reserves 10,123 1.7 3.6 0.4 25.0 0.1 2.8 MINERAL RESOURCES ORE RESERVES Location Tonnes x 1,000 Cu wt% Zn wt% Pb wt% Ag g/t Au g/t CuEQ wt % Salt Creek Cu Liberty- Indee CuEQ wt % Whim Creek Mons Cupri Tonnes x 1,000 Cu wt% Zn wt% Pb wt% All Locations JORC Classification JORC Classification Sulphur Springs Ag g/t Au g/t |
Indicated 967 1.4 1.2 0.2 8.8 0.1 1.8 Probable 687 1.7 1.1 0.2 8.9 0.1 2.1 Inferred 4 0.5 2.3 0.6 13.9 0.1 1.1 Sub-total 972 1.4 1.2 0.2 8.8 0.1 1.8 Sub-total 687 1.7 1.1 0.2 8.9 0.1 2.1 Measured 1,273 1.5 1.7 0.8 41.1 0.3 2.4 Indicated 3,286 0.7 1.1 0.4 17.7 0.1 1.2 Probable 2,815 1.1 1.8 0.8 32.1 0.2 1.9 Inferred 48 0.7 0.6 0.1 9.0 0.0 0.9 Sub-total 4,607 0.9 1.3 0.5 24.1 0.1 1.5 Sub-total 2,815 1.1 1.8 0.8 32.1 0.2 1.9 Zn Indicated 475 0.2 14.1 4.4 107.1 0.5 6.4 Probable 361 0.2 12.8 4.2 109.2 0.5 6.0 Indicated 423 3.7 0.9 0.1 2.7 0.1 4.0 Probable 236 4.1 1.3 0.2 3.2 0.1 4.6 Inferred 105 3.5 0.1 0.0 1.5 0.0 3.6 Zn/Cu Sub-total 1,003 2.0 7.0 2.1 52.0 0.3 5.1 Sub-total 597 1.8 6.6 2.1 53.1 0.3 4.8 Indicated 453 2.2 4.5 0.4 42.0 0.9 4.0 Probable 361 2.2 4.5 0.4 40.7 0.9 4.0 Inferred 204 1.0 1.8 0.2 22.4 0.4 1.8 Sub-total 657 1.8 3.7 0.3 35.9 0.8 3.3 Sub-total 361 2.2 4.5 0.4 40.7 0.9 4.0 Measured 4,260 1.7 3.4 0.2 18.2 0.0 2.5 Indicated 9,621 1.3 3.8 0.2 18.2 0.0 2.2 Probable 5,663 1.9 4.3 0.0 18.0 0.0 3.0 Inferred 5,154 0.7 2.0 0.2 13.9 0.0 1.3 Sub-total 19,035 1.2 3.2 0.2 17.0 0.0 2.0 5,663 1.9 4.3 0.0 18.0 0.0 3.0 Measured 5,533 1.6 3.0 0.3 23.4 0.1 2.5 Indicated 15,226 1.2 3.3 0.4 20.6 0.1 2.2 Probable 10,123 1.7 3.6 0.4 25.0 0.1 2.8 Inferred 5,515 0.8 1.9 0.2 13.9 0.0 1.3 Total Sulphide Resources 26,274 1.2 3.0 0.3 19.8 0.1 2.1 Total Sulphide Reserves 10,123 1.7 3.6 0.4 25.0 0.1 2.8 MINERAL RESOURCES ORE RESERVES Location Tonnes x 1,000 Cu wt% Zn wt% Pb wt% Ag g/t Au g/t CuEQ wt % Salt Creek Cu Liberty- Indee CuEQ wt % Whim Creek Mons Cupri Tonnes x 1,000 Cu wt% Zn wt% Pb wt% All Locations JORC Classification JORC Classification Sulphur Springs Ag g/t Au g/t |
Indicated 967 1.4 1.2 0.2 8.8 0.1 1.8 Probable 687 1.7 1.1 0.2 8.9 0.1 2.1 Inferred 4 0.5 2.3 0.6 13.9 0.1 1.1 Sub-total 972 1.4 1.2 0.2 8.8 0.1 1.8 Sub-total 687 1.7 1.1 0.2 8.9 0.1 2.1 Measured 1,273 1.5 1.7 0.8 41.1 0.3 2.4 Indicated 3,286 0.7 1.1 0.4 17.7 0.1 1.2 Probable 2,815 1.1 1.8 0.8 32.1 0.2 1.9 Inferred 48 0.7 0.6 0.1 9.0 0.0 0.9 Sub-total 4,607 0.9 1.3 0.5 24.1 0.1 1.5 Sub-total 2,815 1.1 1.8 0.8 32.1 0.2 1.9 Zn Indicated 475 0.2 14.1 4.4 107.1 0.5 6.4 Probable 361 0.2 12.8 4.2 109.2 0.5 6.0 Indicated 423 3.7 0.9 0.1 2.7 0.1 4.0 Probable 236 4.1 1.3 0.2 3.2 0.1 4.6 Inferred 105 3.5 0.1 0.0 1.5 0.0 3.6 Zn/Cu Sub-total 1,003 2.0 7.0 2.1 52.0 0.3 5.1 Sub-total 597 1.8 6.6 2.1 53.1 0.3 4.8 Indicated 453 2.2 4.5 0.4 42.0 0.9 4.0 Probable 361 2.2 4.5 0.4 40.7 0.9 4.0 Inferred 204 1.0 1.8 0.2 22.4 0.4 1.8 Sub-total 657 1.8 3.7 0.3 35.9 0.8 3.3 Sub-total 361 2.2 4.5 0.4 40.7 0.9 4.0 Measured 4,260 1.7 3.4 0.2 18.2 0.0 2.5 Indicated 9,621 1.3 3.8 0.2 18.2 0.0 2.2 Probable 5,663 1.9 4.3 0.0 18.0 0.0 3.0 Inferred 5,154 0.7 2.0 0.2 13.9 0.0 1.3 Sub-total 19,035 1.2 3.2 0.2 17.0 0.0 2.0 5,663 1.9 4.3 0.0 18.0 0.0 3.0 Measured 5,533 1.6 3.0 0.3 23.4 0.1 2.5 Indicated 15,226 1.2 3.3 0.4 20.6 0.1 2.2 Probable 10,123 1.7 3.6 0.4 25.0 0.1 2.8 Inferred 5,515 0.8 1.9 0.2 13.9 0.0 1.3 Total Sulphide Resources 26,274 1.2 3.0 0.3 19.8 0.1 2.1 Total Sulphide Reserves 10,123 1.7 3.6 0.4 25.0 0.1 2.8 MINERAL RESOURCES ORE RESERVES Location Tonnes x 1,000 Cu wt% Zn wt% Pb wt% Ag g/t Au g/t CuEQ wt % Salt Creek Cu Liberty- Indee CuEQ wt % Whim Creek Mons Cupri Tonnes x 1,000 Cu wt% Zn wt% Pb wt% All Locations JORC Classification JORC Classification Sulphur Springs Ag g/t Au g/t |
Indicated 967 1.4 1.2 0.2 8.8 0.1 1.8 Probable 687 1.7 1.1 0.2 8.9 0.1 2.1 Inferred 4 0.5 2.3 0.6 13.9 0.1 1.1 Sub-total 972 1.4 1.2 0.2 8.8 0.1 1.8 Sub-total 687 1.7 1.1 0.2 8.9 0.1 2.1 Measured 1,273 1.5 1.7 0.8 41.1 0.3 2.4 Indicated 3,286 0.7 1.1 0.4 17.7 0.1 1.2 Probable 2,815 1.1 1.8 0.8 32.1 0.2 1.9 Inferred 48 0.7 0.6 0.1 9.0 0.0 0.9 Sub-total 4,607 0.9 1.3 0.5 24.1 0.1 1.5 Sub-total 2,815 1.1 1.8 0.8 32.1 0.2 1.9 Zn Indicated 475 0.2 14.1 4.4 107.1 0.5 6.4 Probable 361 0.2 12.8 4.2 109.2 0.5 6.0 Indicated 423 3.7 0.9 0.1 2.7 0.1 4.0 Probable 236 4.1 1.3 0.2 3.2 0.1 4.6 Inferred 105 3.5 0.1 0.0 1.5 0.0 3.6 Zn/Cu Sub-total 1,003 2.0 7.0 2.1 52.0 0.3 5.1 Sub-total 597 1.8 6.6 2.1 53.1 0.3 4.8 Indicated 453 2.2 4.5 0.4 42.0 0.9 4.0 Probable 361 2.2 4.5 0.4 40.7 0.9 4.0 Inferred 204 1.0 1.8 0.2 22.4 0.4 1.8 Sub-total 657 1.8 3.7 0.3 35.9 0.8 3.3 Sub-total 361 2.2 4.5 0.4 40.7 0.9 4.0 Measured 4,260 1.7 3.4 0.2 18.2 0.0 2.5 Indicated 9,621 1.3 3.8 0.2 18.2 0.0 2.2 Probable 5,663 1.9 4.3 0.0 18.0 0.0 3.0 Inferred 5,154 0.7 2.0 0.2 13.9 0.0 1.3 Sub-total 19,035 1.2 3.2 0.2 17.0 0.0 2.0 5,663 1.9 4.3 0.0 18.0 0.0 3.0 Measured 5,533 1.6 3.0 0.3 23.4 0.1 2.5 Indicated 15,226 1.2 3.3 0.4 20.6 0.1 2.2 Probable 10,123 1.7 3.6 0.4 25.0 0.1 2.8 Inferred 5,515 0.8 1.9 0.2 13.9 0.0 1.3 Total Sulphide Resources 26,274 1.2 3.0 0.3 19.8 0.1 2.1 Total Sulphide Reserves 10,123 1.7 3.6 0.4 25.0 0.1 2.8 MINERAL RESOURCES ORE RESERVES Location Tonnes x 1,000 Cu wt% Zn wt% Pb wt% Ag g/t Au g/t CuEQ wt % Salt Creek Cu Liberty- Indee CuEQ wt % Whim Creek Mons Cupri Tonnes x 1,000 Cu wt% Zn wt% Pb wt% All Locations JORC Classification JORC Classification Sulphur Springs Ag g/t Au g/t |
Indicated 967 1.4 1.2 0.2 8.8 0.1 1.8 Probable 687 1.7 1.1 0.2 8.9 0.1 2.1 Inferred 4 0.5 2.3 0.6 13.9 0.1 1.1 Sub-total 972 1.4 1.2 0.2 8.8 0.1 1.8 Sub-total 687 1.7 1.1 0.2 8.9 0.1 2.1 Measured 1,273 1.5 1.7 0.8 41.1 0.3 2.4 Indicated 3,286 0.7 1.1 0.4 17.7 0.1 1.2 Probable 2,815 1.1 1.8 0.8 32.1 0.2 1.9 Inferred 48 0.7 0.6 0.1 9.0 0.0 0.9 Sub-total 4,607 0.9 1.3 0.5 24.1 0.1 1.5 Sub-total 2,815 1.1 1.8 0.8 32.1 0.2 1.9 Zn Indicated 475 0.2 14.1 4.4 107.1 0.5 6.4 Probable 361 0.2 12.8 4.2 109.2 0.5 6.0 Indicated 423 3.7 0.9 0.1 2.7 0.1 4.0 Probable 236 4.1 1.3 0.2 3.2 0.1 4.6 Inferred 105 3.5 0.1 0.0 1.5 0.0 3.6 Zn/Cu Sub-total 1,003 2.0 7.0 2.1 52.0 0.3 5.1 Sub-total 597 1.8 6.6 2.1 53.1 0.3 4.8 Indicated 453 2.2 4.5 0.4 42.0 0.9 4.0 Probable 361 2.2 4.5 0.4 40.7 0.9 4.0 Inferred 204 1.0 1.8 0.2 22.4 0.4 1.8 Sub-total 657 1.8 3.7 0.3 35.9 0.8 3.3 Sub-total 361 2.2 4.5 0.4 40.7 0.9 4.0 Measured 4,260 1.7 3.4 0.2 18.2 0.0 2.5 Indicated 9,621 1.3 3.8 0.2 18.2 0.0 2.2 Probable 5,663 1.9 4.3 0.0 18.0 0.0 3.0 Inferred 5,154 0.7 2.0 0.2 13.9 0.0 1.3 Sub-total 19,035 1.2 3.2 0.2 17.0 0.0 2.0 5,663 1.9 4.3 0.0 18.0 0.0 3.0 Measured 5,533 1.6 3.0 0.3 23.4 0.1 2.5 Indicated 15,226 1.2 3.3 0.4 20.6 0.1 2.2 Probable 10,123 1.7 3.6 0.4 25.0 0.1 2.8 Inferred 5,515 0.8 1.9 0.2 13.9 0.0 1.3 Total Sulphide Resources 26,274 1.2 3.0 0.3 19.8 0.1 2.1 Total Sulphide Reserves 10,123 1.7 3.6 0.4 25.0 0.1 2.8 MINERAL RESOURCES ORE RESERVES Location Tonnes x 1,000 Cu wt% Zn wt% Pb wt% Ag g/t Au g/t CuEQ wt % Salt Creek Cu Liberty- Indee CuEQ wt % Whim Creek Mons Cupri Tonnes x 1,000 Cu wt% Zn wt% Pb wt% All Locations JORC Classification JORC Classification Sulphur Springs Ag g/t Au g/t |
Indicated 967 1.4 1.2 0.2 8.8 0.1 1.8 Probable 687 1.7 1.1 0.2 8.9 0.1 2.1 Inferred 4 0.5 2.3 0.6 13.9 0.1 1.1 Sub-total 972 1.4 1.2 0.2 8.8 0.1 1.8 Sub-total 687 1.7 1.1 0.2 8.9 0.1 2.1 Measured 1,273 1.5 1.7 0.8 41.1 0.3 2.4 Indicated 3,286 0.7 1.1 0.4 17.7 0.1 1.2 Probable 2,815 1.1 1.8 0.8 32.1 0.2 1.9 Inferred 48 0.7 0.6 0.1 9.0 0.0 0.9 Sub-total 4,607 0.9 1.3 0.5 24.1 0.1 1.5 Sub-total 2,815 1.1 1.8 0.8 32.1 0.2 1.9 Zn Indicated 475 0.2 14.1 4.4 107.1 0.5 6.4 Probable 361 0.2 12.8 4.2 109.2 0.5 6.0 Indicated 423 3.7 0.9 0.1 2.7 0.1 4.0 Probable 236 4.1 1.3 0.2 3.2 0.1 4.6 Inferred 105 3.5 0.1 0.0 1.5 0.0 3.6 Zn/Cu Sub-total 1,003 2.0 7.0 2.1 52.0 0.3 5.1 Sub-total 597 1.8 6.6 2.1 53.1 0.3 4.8 Indicated 453 2.2 4.5 0.4 42.0 0.9 4.0 Probable 361 2.2 4.5 0.4 40.7 0.9 4.0 Inferred 204 1.0 1.8 0.2 22.4 0.4 1.8 Sub-total 657 1.8 3.7 0.3 35.9 0.8 3.3 Sub-total 361 2.2 4.5 0.4 40.7 0.9 4.0 Measured 4,260 1.7 3.4 0.2 18.2 0.0 2.5 Indicated 9,621 1.3 3.8 0.2 18.2 0.0 2.2 Probable 5,663 1.9 4.3 0.0 18.0 0.0 3.0 Inferred 5,154 0.7 2.0 0.2 13.9 0.0 1.3 Sub-total 19,035 1.2 3.2 0.2 17.0 0.0 2.0 5,663 1.9 4.3 0.0 18.0 0.0 3.0 Measured 5,533 1.6 3.0 0.3 23.4 0.1 2.5 Indicated 15,226 1.2 3.3 0.4 20.6 0.1 2.2 Probable 10,123 1.7 3.6 0.4 25.0 0.1 2.8 Inferred 5,515 0.8 1.9 0.2 13.9 0.0 1.3 Total Sulphide Resources 26,274 1.2 3.0 0.3 19.8 0.1 2.1 Total Sulphide Reserves 10,123 1.7 3.6 0.4 25.0 0.1 2.8 MINERAL RESOURCES ORE RESERVES Location Tonnes x 1,000 Cu wt% Zn wt% Pb wt% Ag g/t Au g/t CuEQ wt % Salt Creek Cu Liberty- Indee CuEQ wt % Whim Creek Mons Cupri Tonnes x 1,000 Cu wt% Zn wt% Pb wt% All Locations JORC Classification JORC Classification Sulphur Springs Ag g/t Au g/t |
Indicated 967 1.4 1.2 0.2 8.8 0.1 1.8 Probable 687 1.7 1.1 0.2 8.9 0.1 2.1 Inferred 4 0.5 2.3 0.6 13.9 0.1 1.1 Sub-total 972 1.4 1.2 0.2 8.8 0.1 1.8 Sub-total 687 1.7 1.1 0.2 8.9 0.1 2.1 Measured 1,273 1.5 1.7 0.8 41.1 0.3 2.4 Indicated 3,286 0.7 1.1 0.4 17.7 0.1 1.2 Probable 2,815 1.1 1.8 0.8 32.1 0.2 1.9 Inferred 48 0.7 0.6 0.1 9.0 0.0 0.9 Sub-total 4,607 0.9 1.3 0.5 24.1 0.1 1.5 Sub-total 2,815 1.1 1.8 0.8 32.1 0.2 1.9 Zn Indicated 475 0.2 14.1 4.4 107.1 0.5 6.4 Probable 361 0.2 12.8 4.2 109.2 0.5 6.0 Indicated 423 3.7 0.9 0.1 2.7 0.1 4.0 Probable 236 4.1 1.3 0.2 3.2 0.1 4.6 Inferred 105 3.5 0.1 0.0 1.5 0.0 3.6 Zn/Cu Sub-total 1,003 2.0 7.0 2.1 52.0 0.3 5.1 Sub-total 597 1.8 6.6 2.1 53.1 0.3 4.8 Indicated 453 2.2 4.5 0.4 42.0 0.9 4.0 Probable 361 2.2 4.5 0.4 40.7 0.9 4.0 Inferred 204 1.0 1.8 0.2 22.4 0.4 1.8 Sub-total 657 1.8 3.7 0.3 35.9 0.8 3.3 Sub-total 361 2.2 4.5 0.4 40.7 0.9 4.0 Measured 4,260 1.7 3.4 0.2 18.2 0.0 2.5 Indicated 9,621 1.3 3.8 0.2 18.2 0.0 2.2 Probable 5,663 1.9 4.3 0.0 18.0 0.0 3.0 Inferred 5,154 0.7 2.0 0.2 13.9 0.0 1.3 Sub-total 19,035 1.2 3.2 0.2 17.0 0.0 2.0 5,663 1.9 4.3 0.0 18.0 0.0 3.0 Measured 5,533 1.6 3.0 0.3 23.4 0.1 2.5 Indicated 15,226 1.2 3.3 0.4 20.6 0.1 2.2 Probable 10,123 1.7 3.6 0.4 25.0 0.1 2.8 Inferred 5,515 0.8 1.9 0.2 13.9 0.0 1.3 Total Sulphide Resources 26,274 1.2 3.0 0.3 19.8 0.1 2.1 Total Sulphide Reserves 10,123 1.7 3.6 0.4 25.0 0.1 2.8 MINERAL RESOURCES ORE RESERVES Location Tonnes x 1,000 Cu wt% Zn wt% Pb wt% Ag g/t Au g/t CuEQ wt % Salt Creek Cu Liberty- Indee CuEQ wt % Whim Creek Mons Cupri Tonnes x 1,000 Cu wt% Zn wt% Pb wt% All Locations JORC Classification JORC Classification Sulphur Springs Ag g/t Au g/t |
Indicated 967 1.4 1.2 0.2 8.8 0.1 1.8 Probable 687 1.7 1.1 0.2 8.9 0.1 2.1 Inferred 4 0.5 2.3 0.6 13.9 0.1 1.1 Sub-total 972 1.4 1.2 0.2 8.8 0.1 1.8 Sub-total 687 1.7 1.1 0.2 8.9 0.1 2.1 Measured 1,273 1.5 1.7 0.8 41.1 0.3 2.4 Indicated 3,286 0.7 1.1 0.4 17.7 0.1 1.2 Probable 2,815 1.1 1.8 0.8 32.1 0.2 1.9 Inferred 48 0.7 0.6 0.1 9.0 0.0 0.9 Sub-total 4,607 0.9 1.3 0.5 24.1 0.1 1.5 Sub-total 2,815 1.1 1.8 0.8 32.1 0.2 1.9 Zn Indicated 475 0.2 14.1 4.4 107.1 0.5 6.4 Probable 361 0.2 12.8 4.2 109.2 0.5 6.0 Indicated 423 3.7 0.9 0.1 2.7 0.1 4.0 Probable 236 4.1 1.3 0.2 3.2 0.1 4.6 Inferred 105 3.5 0.1 0.0 1.5 0.0 3.6 Zn/Cu Sub-total 1,003 2.0 7.0 2.1 52.0 0.3 5.1 Sub-total 597 1.8 6.6 2.1 53.1 0.3 4.8 Indicated 453 2.2 4.5 0.4 42.0 0.9 4.0 Probable 361 2.2 4.5 0.4 40.7 0.9 4.0 Inferred 204 1.0 1.8 0.2 22.4 0.4 1.8 Sub-total 657 1.8 3.7 0.3 35.9 0.8 3.3 Sub-total 361 2.2 4.5 0.4 40.7 0.9 4.0 Measured 4,260 1.7 3.4 0.2 18.2 0.0 2.5 Indicated 9,621 1.3 3.8 0.2 18.2 0.0 2.2 Probable 5,663 1.9 4.3 0.0 18.0 0.0 3.0 Inferred 5,154 0.7 2.0 0.2 13.9 0.0 1.3 Sub-total 19,035 1.2 3.2 0.2 17.0 0.0 2.0 5,663 1.9 4.3 0.0 18.0 0.0 3.0 Measured 5,533 1.6 3.0 0.3 23.4 0.1 2.5 Indicated 15,226 1.2 3.3 0.4 20.6 0.1 2.2 Probable 10,123 1.7 3.6 0.4 25.0 0.1 2.8 Inferred 5,515 0.8 1.9 0.2 13.9 0.0 1.3 Total Sulphide Resources 26,274 1.2 3.0 0.3 19.8 0.1 2.1 Total Sulphide Reserves 10,123 1.7 3.6 0.4 25.0 0.1 2.8 MINERAL RESOURCES ORE RESERVES Location Tonnes x 1,000 Cu wt% Zn wt% Pb wt% Ag g/t Au g/t CuEQ wt % Salt Creek Cu Liberty- Indee CuEQ wt % Whim Creek Mons Cupri Tonnes x 1,000 Cu wt% Zn wt% Pb wt% All Locations JORC Classification JORC Classification Sulphur Springs Ag g/t Au g/t |
Indicated 967 1.4 1.2 0.2 8.8 0.1 1.8 Probable 687 1.7 1.1 0.2 8.9 0.1 2.1 Inferred 4 0.5 2.3 0.6 13.9 0.1 1.1 Sub-total 972 1.4 1.2 0.2 8.8 0.1 1.8 Sub-total 687 1.7 1.1 0.2 8.9 0.1 2.1 Measured 1,273 1.5 1.7 0.8 41.1 0.3 2.4 Indicated 3,286 0.7 1.1 0.4 17.7 0.1 1.2 Probable 2,815 1.1 1.8 0.8 32.1 0.2 1.9 Inferred 48 0.7 0.6 0.1 9.0 0.0 0.9 Sub-total 4,607 0.9 1.3 0.5 24.1 0.1 1.5 Sub-total 2,815 1.1 1.8 0.8 32.1 0.2 1.9 Zn Indicated 475 0.2 14.1 4.4 107.1 0.5 6.4 Probable 361 0.2 12.8 4.2 109.2 0.5 6.0 Indicated 423 3.7 0.9 0.1 2.7 0.1 4.0 Probable 236 4.1 1.3 0.2 3.2 0.1 4.6 Inferred 105 3.5 0.1 0.0 1.5 0.0 3.6 Zn/Cu Sub-total 1,003 2.0 7.0 2.1 52.0 0.3 5.1 Sub-total 597 1.8 6.6 2.1 53.1 0.3 4.8 Indicated 453 2.2 4.5 0.4 42.0 0.9 4.0 Probable 361 2.2 4.5 0.4 40.7 0.9 4.0 Inferred 204 1.0 1.8 0.2 22.4 0.4 1.8 Sub-total 657 1.8 3.7 0.3 35.9 0.8 3.3 Sub-total 361 2.2 4.5 0.4 40.7 0.9 4.0 Measured 4,260 1.7 3.4 0.2 18.2 0.0 2.5 Indicated 9,621 1.3 3.8 0.2 18.2 0.0 2.2 Probable 5,663 1.9 4.3 0.0 18.0 0.0 3.0 Inferred 5,154 0.7 2.0 0.2 13.9 0.0 1.3 Sub-total 19,035 1.2 3.2 0.2 17.0 0.0 2.0 5,663 1.9 4.3 0.0 18.0 0.0 3.0 Measured 5,533 1.6 3.0 0.3 23.4 0.1 2.5 Indicated 15,226 1.2 3.3 0.4 20.6 0.1 2.2 Probable 10,123 1.7 3.6 0.4 25.0 0.1 2.8 Inferred 5,515 0.8 1.9 0.2 13.9 0.0 1.3 Total Sulphide Resources 26,274 1.2 3.0 0.3 19.8 0.1 2.1 Total Sulphide Reserves 10,123 1.7 3.6 0.4 25.0 0.1 2.8 MINERAL RESOURCES ORE RESERVES Location Tonnes x 1,000 Cu wt% Zn wt% Pb wt% Ag g/t Au g/t CuEQ wt % Salt Creek Cu Liberty- Indee CuEQ wt % Whim Creek Mons Cupri Tonnes x 1,000 Cu wt% Zn wt% Pb wt% All Locations JORC Classification JORC Classification Sulphur Springs Ag g/t Au g/t |
Indicated 967 1.4 1.2 0.2 8.8 0.1 1.8 Probable 687 1.7 1.1 0.2 8.9 0.1 2.1 Inferred 4 0.5 2.3 0.6 13.9 0.1 1.1 Sub-total 972 1.4 1.2 0.2 8.8 0.1 1.8 Sub-total 687 1.7 1.1 0.2 8.9 0.1 2.1 Measured 1,273 1.5 1.7 0.8 41.1 0.3 2.4 Indicated 3,286 0.7 1.1 0.4 17.7 0.1 1.2 Probable 2,815 1.1 1.8 0.8 32.1 0.2 1.9 Inferred 48 0.7 0.6 0.1 9.0 0.0 0.9 Sub-total 4,607 0.9 1.3 0.5 24.1 0.1 1.5 Sub-total 2,815 1.1 1.8 0.8 32.1 0.2 1.9 Zn Indicated 475 0.2 14.1 4.4 107.1 0.5 6.4 Probable 361 0.2 12.8 4.2 109.2 0.5 6.0 Indicated 423 3.7 0.9 0.1 2.7 0.1 4.0 Probable 236 4.1 1.3 0.2 3.2 0.1 4.6 Inferred 105 3.5 0.1 0.0 1.5 0.0 3.6 Zn/Cu Sub-total 1,003 2.0 7.0 2.1 52.0 0.3 5.1 Sub-total 597 1.8 6.6 2.1 53.1 0.3 4.8 Indicated 453 2.2 4.5 0.4 42.0 0.9 4.0 Probable 361 2.2 4.5 0.4 40.7 0.9 4.0 Inferred 204 1.0 1.8 0.2 22.4 0.4 1.8 Sub-total 657 1.8 3.7 0.3 35.9 0.8 3.3 Sub-total 361 2.2 4.5 0.4 40.7 0.9 4.0 Measured 4,260 1.7 3.4 0.2 18.2 0.0 2.5 Indicated 9,621 1.3 3.8 0.2 18.2 0.0 2.2 Probable 5,663 1.9 4.3 0.0 18.0 0.0 3.0 Inferred 5,154 0.7 2.0 0.2 13.9 0.0 1.3 Sub-total 19,035 1.2 3.2 0.2 17.0 0.0 2.0 5,663 1.9 4.3 0.0 18.0 0.0 3.0 Measured 5,533 1.6 3.0 0.3 23.4 0.1 2.5 Indicated 15,226 1.2 3.3 0.4 20.6 0.1 2.2 Probable 10,123 1.7 3.6 0.4 25.0 0.1 2.8 Inferred 5,515 0.8 1.9 0.2 13.9 0.0 1.3 Total Sulphide Resources 26,274 1.2 3.0 0.3 19.8 0.1 2.1 Total Sulphide Reserves 10,123 1.7 3.6 0.4 25.0 0.1 2.8 MINERAL RESOURCES ORE RESERVES Location Tonnes x 1,000 Cu wt% Zn wt% Pb wt% Ag g/t Au g/t CuEQ wt % Salt Creek Cu Liberty- Indee CuEQ wt % Whim Creek Mons Cupri Tonnes x 1,000 Cu wt% Zn wt% Pb wt% All Locations JORC Classification JORC Classification Sulphur Springs Ag g/t Au g/t |
Indicated 967 1.4 1.2 0.2 8.8 0.1 1.8 Probable 687 1.7 1.1 0.2 8.9 0.1 2.1 Inferred 4 0.5 2.3 0.6 13.9 0.1 1.1 Sub-total 972 1.4 1.2 0.2 8.8 0.1 1.8 Sub-total 687 1.7 1.1 0.2 8.9 0.1 2.1 Measured 1,273 1.5 1.7 0.8 41.1 0.3 2.4 Indicated 3,286 0.7 1.1 0.4 17.7 0.1 1.2 Probable 2,815 1.1 1.8 0.8 32.1 0.2 1.9 Inferred 48 0.7 0.6 0.1 9.0 0.0 0.9 Sub-total 4,607 0.9 1.3 0.5 24.1 0.1 1.5 Sub-total 2,815 1.1 1.8 0.8 32.1 0.2 1.9 Zn Indicated 475 0.2 14.1 4.4 107.1 0.5 6.4 Probable 361 0.2 12.8 4.2 109.2 0.5 6.0 Indicated 423 3.7 0.9 0.1 2.7 0.1 4.0 Probable 236 4.1 1.3 0.2 3.2 0.1 4.6 Inferred 105 3.5 0.1 0.0 1.5 0.0 3.6 Zn/Cu Sub-total 1,003 2.0 7.0 2.1 52.0 0.3 5.1 Sub-total 597 1.8 6.6 2.1 53.1 0.3 4.8 Indicated 453 2.2 4.5 0.4 42.0 0.9 4.0 Probable 361 2.2 4.5 0.4 40.7 0.9 4.0 Inferred 204 1.0 1.8 0.2 22.4 0.4 1.8 Sub-total 657 1.8 3.7 0.3 35.9 0.8 3.3 Sub-total 361 2.2 4.5 0.4 40.7 0.9 4.0 Measured 4,260 1.7 3.4 0.2 18.2 0.0 2.5 Indicated 9,621 1.3 3.8 0.2 18.2 0.0 2.2 Probable 5,663 1.9 4.3 0.0 18.0 0.0 3.0 Inferred 5,154 0.7 2.0 0.2 13.9 0.0 1.3 Sub-total 19,035 1.2 3.2 0.2 17.0 0.0 2.0 5,663 1.9 4.3 0.0 18.0 0.0 3.0 Measured 5,533 1.6 3.0 0.3 23.4 0.1 2.5 Indicated 15,226 1.2 3.3 0.4 20.6 0.1 2.2 Probable 10,123 1.7 3.6 0.4 25.0 0.1 2.8 Inferred 5,515 0.8 1.9 0.2 13.9 0.0 1.3 Total Sulphide Resources 26,274 1.2 3.0 0.3 19.8 0.1 2.1 Total Sulphide Reserves 10,123 1.7 3.6 0.4 25.0 0.1 2.8 MINERAL RESOURCES ORE RESERVES Location Tonnes x 1,000 Cu wt% Zn wt% Pb wt% Ag g/t Au g/t CuEQ wt % Salt Creek Cu Liberty- Indee CuEQ wt % Whim Creek Mons Cupri Tonnes x 1,000 Cu wt% Zn wt% Pb wt% All Locations JORC Classification JORC Classification Sulphur Springs Ag g/t Au g/t |
Indicated 967 1.4 1.2 0.2 8.8 0.1 1.8 Probable 687 1.7 1.1 0.2 8.9 0.1 2.1 Inferred 4 0.5 2.3 0.6 13.9 0.1 1.1 Sub-total 972 1.4 1.2 0.2 8.8 0.1 1.8 Sub-total 687 1.7 1.1 0.2 8.9 0.1 2.1 Measured 1,273 1.5 1.7 0.8 41.1 0.3 2.4 Indicated 3,286 0.7 1.1 0.4 17.7 0.1 1.2 Probable 2,815 1.1 1.8 0.8 32.1 0.2 1.9 Inferred 48 0.7 0.6 0.1 9.0 0.0 0.9 Sub-total 4,607 0.9 1.3 0.5 24.1 0.1 1.5 Sub-total 2,815 1.1 1.8 0.8 32.1 0.2 1.9 Zn Indicated 475 0.2 14.1 4.4 107.1 0.5 6.4 Probable 361 0.2 12.8 4.2 109.2 0.5 6.0 Indicated 423 3.7 0.9 0.1 2.7 0.1 4.0 Probable 236 4.1 1.3 0.2 3.2 0.1 4.6 Inferred 105 3.5 0.1 0.0 1.5 0.0 3.6 Zn/Cu Sub-total 1,003 2.0 7.0 2.1 52.0 0.3 5.1 Sub-total 597 1.8 6.6 2.1 53.1 0.3 4.8 Indicated 453 2.2 4.5 0.4 42.0 0.9 4.0 Probable 361 2.2 4.5 0.4 40.7 0.9 4.0 Inferred 204 1.0 1.8 0.2 22.4 0.4 1.8 Sub-total 657 1.8 3.7 0.3 35.9 0.8 3.3 Sub-total 361 2.2 4.5 0.4 40.7 0.9 4.0 Measured 4,260 1.7 3.4 0.2 18.2 0.0 2.5 Indicated 9,621 1.3 3.8 0.2 18.2 0.0 2.2 Probable 5,663 1.9 4.3 0.0 18.0 0.0 3.0 Inferred 5,154 0.7 2.0 0.2 13.9 0.0 1.3 Sub-total 19,035 1.2 3.2 0.2 17.0 0.0 2.0 5,663 1.9 4.3 0.0 18.0 0.0 3.0 Measured 5,533 1.6 3.0 0.3 23.4 0.1 2.5 Indicated 15,226 1.2 3.3 0.4 20.6 0.1 2.2 Probable 10,123 1.7 3.6 0.4 25.0 0.1 2.8 Inferred 5,515 0.8 1.9 0.2 13.9 0.0 1.3 Total Sulphide Resources 26,274 1.2 3.0 0.3 19.8 0.1 2.1 Total Sulphide Reserves 10,123 1.7 3.6 0.4 25.0 0.1 2.8 MINERAL RESOURCES ORE RESERVES Location Tonnes x 1,000 Cu wt% Zn wt% Pb wt% Ag g/t Au g/t CuEQ wt % Salt Creek Cu Liberty- Indee CuEQ wt % Whim Creek Mons Cupri Tonnes x 1,000 Cu wt% Zn wt% Pb wt% All Locations JORC Classification JORC Classification Sulphur Springs Ag g/t Au g/t |
Indicated 967 1.4 1.2 0.2 8.8 0.1 1.8 Probable 687 1.7 1.1 0.2 8.9 0.1 2.1 Inferred 4 0.5 2.3 0.6 13.9 0.1 1.1 Sub-total 972 1.4 1.2 0.2 8.8 0.1 1.8 Sub-total 687 1.7 1.1 0.2 8.9 0.1 2.1 Measured 1,273 1.5 1.7 0.8 41.1 0.3 2.4 Indicated 3,286 0.7 1.1 0.4 17.7 0.1 1.2 Probable 2,815 1.1 1.8 0.8 32.1 0.2 1.9 Inferred 48 0.7 0.6 0.1 9.0 0.0 0.9 Sub-total 4,607 0.9 1.3 0.5 24.1 0.1 1.5 Sub-total 2,815 1.1 1.8 0.8 32.1 0.2 1.9 Zn Indicated 475 0.2 14.1 4.4 107.1 0.5 6.4 Probable 361 0.2 12.8 4.2 109.2 0.5 6.0 Indicated 423 3.7 0.9 0.1 2.7 0.1 4.0 Probable 236 4.1 1.3 0.2 3.2 0.1 4.6 Inferred 105 3.5 0.1 0.0 1.5 0.0 3.6 Zn/Cu Sub-total 1,003 2.0 7.0 2.1 52.0 0.3 5.1 Sub-total 597 1.8 6.6 2.1 53.1 0.3 4.8 Indicated 453 2.2 4.5 0.4 42.0 0.9 4.0 Probable 361 2.2 4.5 0.4 40.7 0.9 4.0 Inferred 204 1.0 1.8 0.2 22.4 0.4 1.8 Sub-total 657 1.8 3.7 0.3 35.9 0.8 3.3 Sub-total 361 2.2 4.5 0.4 40.7 0.9 4.0 Measured 4,260 1.7 3.4 0.2 18.2 0.0 2.5 Indicated 9,621 1.3 3.8 0.2 18.2 0.0 2.2 Probable 5,663 1.9 4.3 0.0 18.0 0.0 3.0 Inferred 5,154 0.7 2.0 0.2 13.9 0.0 1.3 Sub-total 19,035 1.2 3.2 0.2 17.0 0.0 2.0 5,663 1.9 4.3 0.0 18.0 0.0 3.0 Measured 5,533 1.6 3.0 0.3 23.4 0.1 2.5 Indicated 15,226 1.2 3.3 0.4 20.6 0.1 2.2 Probable 10,123 1.7 3.6 0.4 25.0 0.1 2.8 Inferred 5,515 0.8 1.9 0.2 13.9 0.0 1.3 Total Sulphide Resources 26,274 1.2 3.0 0.3 19.8 0.1 2.1 Total Sulphide Reserves 10,123 1.7 3.6 0.4 25.0 0.1 2.8 MINERAL RESOURCES ORE RESERVES Location Tonnes x 1,000 Cu wt% Zn wt% Pb wt% Ag g/t Au g/t CuEQ wt % Salt Creek Cu Liberty- Indee CuEQ wt % Whim Creek Mons Cupri Tonnes x 1,000 Cu wt% Zn wt% Pb wt% All Locations JORC Classification JORC Classification Sulphur Springs Ag g/t Au g/t |
Indicated 967 1.4 1.2 0.2 8.8 0.1 1.8 Probable 687 1.7 1.1 0.2 8.9 0.1 2.1 Inferred 4 0.5 2.3 0.6 13.9 0.1 1.1 Sub-total 972 1.4 1.2 0.2 8.8 0.1 1.8 Sub-total 687 1.7 1.1 0.2 8.9 0.1 2.1 Measured 1,273 1.5 1.7 0.8 41.1 0.3 2.4 Indicated 3,286 0.7 1.1 0.4 17.7 0.1 1.2 Probable 2,815 1.1 1.8 0.8 32.1 0.2 1.9 Inferred 48 0.7 0.6 0.1 9.0 0.0 0.9 Sub-total 4,607 0.9 1.3 0.5 24.1 0.1 1.5 Sub-total 2,815 1.1 1.8 0.8 32.1 0.2 1.9 Zn Indicated 475 0.2 14.1 4.4 107.1 0.5 6.4 Probable 361 0.2 12.8 4.2 109.2 0.5 6.0 Indicated 423 3.7 0.9 0.1 2.7 0.1 4.0 Probable 236 4.1 1.3 0.2 3.2 0.1 4.6 Inferred 105 3.5 0.1 0.0 1.5 0.0 3.6 Zn/Cu Sub-total 1,003 2.0 7.0 2.1 52.0 0.3 5.1 Sub-total 597 1.8 6.6 2.1 53.1 0.3 4.8 Indicated 453 2.2 4.5 0.4 42.0 0.9 4.0 Probable 361 2.2 4.5 0.4 40.7 0.9 4.0 Inferred 204 1.0 1.8 0.2 22.4 0.4 1.8 Sub-total 657 1.8 3.7 0.3 35.9 0.8 3.3 Sub-total 361 2.2 4.5 0.4 40.7 0.9 4.0 Measured 4,260 1.7 3.4 0.2 18.2 0.0 2.5 Indicated 9,621 1.3 3.8 0.2 18.2 0.0 2.2 Probable 5,663 1.9 4.3 0.0 18.0 0.0 3.0 Inferred 5,154 0.7 2.0 0.2 13.9 0.0 1.3 Sub-total 19,035 1.2 3.2 0.2 17.0 0.0 2.0 5,663 1.9 4.3 0.0 18.0 0.0 3.0 Measured 5,533 1.6 3.0 0.3 23.4 0.1 2.5 Indicated 15,226 1.2 3.3 0.4 20.6 0.1 2.2 Probable 10,123 1.7 3.6 0.4 25.0 0.1 2.8 Inferred 5,515 0.8 1.9 0.2 13.9 0.0 1.3 Total Sulphide Resources 26,274 1.2 3.0 0.3 19.8 0.1 2.1 Total Sulphide Reserves 10,123 1.7 3.6 0.4 25.0 0.1 2.8 MINERAL RESOURCES ORE RESERVES Location Tonnes x 1,000 Cu wt% Zn wt% Pb wt% Ag g/t Au g/t CuEQ wt % Salt Creek Cu Liberty- Indee CuEQ wt % Whim Creek Mons Cupri Tonnes x 1,000 Cu wt% Zn wt% Pb wt% All Locations JORC Classification JORC Classification Sulphur Springs Ag g/t Au g/t |
Indicated 967 1.4 1.2 0.2 8.8 0.1 1.8 Probable 687 1.7 1.1 0.2 8.9 0.1 2.1 Inferred 4 0.5 2.3 0.6 13.9 0.1 1.1 Sub-total 972 1.4 1.2 0.2 8.8 0.1 1.8 Sub-total 687 1.7 1.1 0.2 8.9 0.1 2.1 Measured 1,273 1.5 1.7 0.8 41.1 0.3 2.4 Indicated 3,286 0.7 1.1 0.4 17.7 0.1 1.2 Probable 2,815 1.1 1.8 0.8 32.1 0.2 1.9 Inferred 48 0.7 0.6 0.1 9.0 0.0 0.9 Sub-total 4,607 0.9 1.3 0.5 24.1 0.1 1.5 Sub-total 2,815 1.1 1.8 0.8 32.1 0.2 1.9 Zn Indicated 475 0.2 14.1 4.4 107.1 0.5 6.4 Probable 361 0.2 12.8 4.2 109.2 0.5 6.0 Indicated 423 3.7 0.9 0.1 2.7 0.1 4.0 Probable 236 4.1 1.3 0.2 3.2 0.1 4.6 Inferred 105 3.5 0.1 0.0 1.5 0.0 3.6 Zn/Cu Sub-total 1,003 2.0 7.0 2.1 52.0 0.3 5.1 Sub-total 597 1.8 6.6 2.1 53.1 0.3 4.8 Indicated 453 2.2 4.5 0.4 42.0 0.9 4.0 Probable 361 2.2 4.5 0.4 40.7 0.9 4.0 Inferred 204 1.0 1.8 0.2 22.4 0.4 1.8 Sub-total 657 1.8 3.7 0.3 35.9 0.8 3.3 Sub-total 361 2.2 4.5 0.4 40.7 0.9 4.0 Measured 4,260 1.7 3.4 0.2 18.2 0.0 2.5 Indicated 9,621 1.3 3.8 0.2 18.2 0.0 2.2 Probable 5,663 1.9 4.3 0.0 18.0 0.0 3.0 Inferred 5,154 0.7 2.0 0.2 13.9 0.0 1.3 Sub-total 19,035 1.2 3.2 0.2 17.0 0.0 2.0 5,663 1.9 4.3 0.0 18.0 0.0 3.0 Measured 5,533 1.6 3.0 0.3 23.4 0.1 2.5 Indicated 15,226 1.2 3.3 0.4 20.6 0.1 2.2 Probable 10,123 1.7 3.6 0.4 25.0 0.1 2.8 Inferred 5,515 0.8 1.9 0.2 13.9 0.0 1.3 Total Sulphide Resources 26,274 1.2 3.0 0.3 19.8 0.1 2.1 Total Sulphide Reserves 10,123 1.7 3.6 0.4 25.0 0.1 2.8 MINERAL RESOURCES ORE RESERVES Location Tonnes x 1,000 Cu wt% Zn wt% Pb wt% Ag g/t Au g/t CuEQ wt % Salt Creek Cu Liberty- Indee CuEQ wt % Whim Creek Mons Cupri Tonnes x 1,000 Cu wt% Zn wt% Pb wt% All Locations JORC Classification JORC Classification Sulphur Springs Ag g/t Au g/t |
Indicated 967 1.4 1.2 0.2 8.8 0.1 1.8 Probable 687 1.7 1.1 0.2 8.9 0.1 2.1 Inferred 4 0.5 2.3 0.6 13.9 0.1 1.1 Sub-total 972 1.4 1.2 0.2 8.8 0.1 1.8 Sub-total 687 1.7 1.1 0.2 8.9 0.1 2.1 Measured 1,273 1.5 1.7 0.8 41.1 0.3 2.4 Indicated 3,286 0.7 1.1 0.4 17.7 0.1 1.2 Probable 2,815 1.1 1.8 0.8 32.1 0.2 1.9 Inferred 48 0.7 0.6 0.1 9.0 0.0 0.9 Sub-total 4,607 0.9 1.3 0.5 24.1 0.1 1.5 Sub-total 2,815 1.1 1.8 0.8 32.1 0.2 1.9 Zn Indicated 475 0.2 14.1 4.4 107.1 0.5 6.4 Probable 361 0.2 12.8 4.2 109.2 0.5 6.0 Indicated 423 3.7 0.9 0.1 2.7 0.1 4.0 Probable 236 4.1 1.3 0.2 3.2 0.1 4.6 Inferred 105 3.5 0.1 0.0 1.5 0.0 3.6 Zn/Cu Sub-total 1,003 2.0 7.0 2.1 52.0 0.3 5.1 Sub-total 597 1.8 6.6 2.1 53.1 0.3 4.8 Indicated 453 2.2 4.5 0.4 42.0 0.9 4.0 Probable 361 2.2 4.5 0.4 40.7 0.9 4.0 Inferred 204 1.0 1.8 0.2 22.4 0.4 1.8 Sub-total 657 1.8 3.7 0.3 35.9 0.8 3.3 Sub-total 361 2.2 4.5 0.4 40.7 0.9 4.0 Measured 4,260 1.7 3.4 0.2 18.2 0.0 2.5 Indicated 9,621 1.3 3.8 0.2 18.2 0.0 2.2 Probable 5,663 1.9 4.3 0.0 18.0 0.0 3.0 Inferred 5,154 0.7 2.0 0.2 13.9 0.0 1.3 Sub-total 19,035 1.2 3.2 0.2 17.0 0.0 2.0 5,663 1.9 4.3 0.0 18.0 0.0 3.0 Measured 5,533 1.6 3.0 0.3 23.4 0.1 2.5 Indicated 15,226 1.2 3.3 0.4 20.6 0.1 2.2 Probable 10,123 1.7 3.6 0.4 25.0 0.1 2.8 Inferred 5,515 0.8 1.9 0.2 13.9 0.0 1.3 Total Sulphide Resources 26,274 1.2 3.0 0.3 19.8 0.1 2.1 Total Sulphide Reserves 10,123 1.7 3.6 0.4 25.0 0.1 2.8 MINERAL RESOURCES ORE RESERVES Location Tonnes x 1,000 Cu wt% Zn wt% Pb wt% Ag g/t Au g/t CuEQ wt % Salt Creek Cu Liberty- Indee CuEQ wt % Whim Creek Mons Cupri Tonnes x 1,000 Cu wt% Zn wt% Pb wt% All Locations JORC Classification JORC Classification Sulphur Springs Ag g/t Au g/t |
Indicated 967 1.4 1.2 0.2 8.8 0.1 1.8 Probable 687 1.7 1.1 0.2 8.9 0.1 2.1 Inferred 4 0.5 2.3 0.6 13.9 0.1 1.1 Sub-total 972 1.4 1.2 0.2 8.8 0.1 1.8 Sub-total 687 1.7 1.1 0.2 8.9 0.1 2.1 Measured 1,273 1.5 1.7 0.8 41.1 0.3 2.4 Indicated 3,286 0.7 1.1 0.4 17.7 0.1 1.2 Probable 2,815 1.1 1.8 0.8 32.1 0.2 1.9 Inferred 48 0.7 0.6 0.1 9.0 0.0 0.9 Sub-total 4,607 0.9 1.3 0.5 24.1 0.1 1.5 Sub-total 2,815 1.1 1.8 0.8 32.1 0.2 1.9 Zn Indicated 475 0.2 14.1 4.4 107.1 0.5 6.4 Probable 361 0.2 12.8 4.2 109.2 0.5 6.0 Indicated 423 3.7 0.9 0.1 2.7 0.1 4.0 Probable 236 4.1 1.3 0.2 3.2 0.1 4.6 Inferred 105 3.5 0.1 0.0 1.5 0.0 3.6 Zn/Cu Sub-total 1,003 2.0 7.0 2.1 52.0 0.3 5.1 Sub-total 597 1.8 6.6 2.1 53.1 0.3 4.8 Indicated 453 2.2 4.5 0.4 42.0 0.9 4.0 Probable 361 2.2 4.5 0.4 40.7 0.9 4.0 Inferred 204 1.0 1.8 0.2 22.4 0.4 1.8 Sub-total 657 1.8 3.7 0.3 35.9 0.8 3.3 Sub-total 361 2.2 4.5 0.4 40.7 0.9 4.0 Measured 4,260 1.7 3.4 0.2 18.2 0.0 2.5 Indicated 9,621 1.3 3.8 0.2 18.2 0.0 2.2 Probable 5,663 1.9 4.3 0.0 18.0 0.0 3.0 Inferred 5,154 0.7 2.0 0.2 13.9 0.0 1.3 Sub-total 19,035 1.2 3.2 0.2 17.0 0.0 2.0 5,663 1.9 4.3 0.0 18.0 0.0 3.0 Measured 5,533 1.6 3.0 0.3 23.4 0.1 2.5 Indicated 15,226 1.2 3.3 0.4 20.6 0.1 2.2 Probable 10,123 1.7 3.6 0.4 25.0 0.1 2.8 Inferred 5,515 0.8 1.9 0.2 13.9 0.0 1.3 Total Sulphide Resources 26,274 1.2 3.0 0.3 19.8 0.1 2.1 Total Sulphide Reserves 10,123 1.7 3.6 0.4 25.0 0.1 2.8 MINERAL RESOURCES ORE RESERVES Location Tonnes x 1,000 Cu wt% Zn wt% Pb wt% Ag g/t Au g/t CuEQ wt % Salt Creek Cu Liberty- Indee CuEQ wt % Whim Creek Mons Cupri Tonnes x 1,000 Cu wt% Zn wt% Pb wt% All Locations JORC Classification JORC Classification Sulphur Springs Ag g/t Au g/t |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MINERAL RESOURCES | ORE RESERVES | ||||||||||||||||
| Location | JORC Classification |
Tonnes x 1,000 |
Cu wt% |
Zn wt% |
Pb wt% |
Ag g/t |
Au g/t |
CuEQ wt % |
JORC Classification |
Tonnes x 1,000 |
Cu wt% |
Zn wt% |
Pb wt% |
Ag g/t |
Au g/t |
CuEQ wt % |
|
| him reek |
Indicated | 967 | 1.4 | 1.2 | 0.2 | 8.8 | 0.1 | 1.8 | Probable | 687 | 1.7 | 1.1 | 0.2 | 8.9 | 0.1 | 2.1 | |
| Inferred | 4 | 0.5 | 2.3 | 0.6 | 13.9 | 0.1 | 1.1 | ||||||||||
| W C |
Sub-total | 972 | 1.4 | 1.2 | 0.2 | 8.8 | 0.1 | 1.8 | Sub-total | 687 | 1.7 | 1.1 | 0.2 | 8.9 | 0.1 | 2.1 | |
| ns Cupri | Measured | 1,273 | 1.5 | 1.7 | 0.8 | 41.1 | 0.3 | 2.4 | |||||||||
| Indicated | 3,286 | 0.7 | 1.1 | 0.4 | 17.7 | 0.1 | 1.2 | Probable | 2,815 | 1.1 | 1.8 | 0.8 | 32.1 | 0.2 | 1.9 | ||
| Inferred | 48 | 0.7 | 0.6 | 0.1 | 9.0 | 0.0 | 0.9 | ||||||||||
| Mo | Sub-total | 4,607 | 0.9 | 1.3 | 0.5 | 24.1 | 0.1 | 1.5 | Sub-total | 2,815 | 1.1 | 1.8 | 0.8 | 32.1 | 0.2 | 1.9 | |
| t Creek | Zn | Indicated | 475 | 0.2 | 14.1 | 4.4 | 107.1 | 0.5 | 6.4 | Probable | 361 | 0.2 | 12.8 | 4.2 | 109.2 | 0.5 | 6.0 |
| Cu | Indicated | 423 | 3.7 | 0.9 | 0.1 | 2.7 | 0.1 | 4.0 | Probable | 236 | 4.1 | 1.3 | 0.2 | 3.2 | 0.1 | 4.6 | |
| Inferred | 105 | 3.5 | 0.1 | 0.0 | 1.5 | 0.0 | 3.6 | ||||||||||
| Sal | Zn/Cu | Sub-total | 1,003 | 2.0 | 7.0 | 2.1 | 52.0 | 0.3 | 5.1 | Sub-total | 597 | 1.8 | 6.6 | 2.1 | 53.1 | 0.3 | 4.8 |
| berty- dee |
Indicated | 453 | 2.2 | 4.5 | 0.4 | 42.0 | 0.9 | 4.0 | Probable | 361 | 2.2 | 4.5 | 0.4 | 40.7 | 0.9 | 4.0 | |
| Inferred | 204 | 1.0 | 1.8 | 0.2 | 22.4 | 0.4 | 1.8 | ||||||||||
| Li In |
Sub-total | 657 | 1.8 | 3.7 | 0.3 | 35.9 | 0.8 | 3.3 | Sub-total | 361 | 2.2 | 4.5 | 0.4 | 40.7 | 0.9 | 4.0 | |
| Measured | 4,260 | 1.7 | 3.4 | 0.2 | 18.2 | 0.0 | 2.5 | ||||||||||
| hur ngs |
Indicated | 9,621 | 1.3 | 3.8 | 0.2 | 18.2 | 0.0 | 2.2 | Probable | 5,663 | 1.9 | 4.3 | 0.0 | 18.0 | 0.0 | 3.0 | |
| Sulp Spri |
Inferred | 5,154 | 0.7 | 2.0 | 0.2 | 13.9 | 0.0 | 1.3 | |||||||||
| Sub-total | 19,035 | 1.2 | 3.2 | 0.2 | 17.0 | 0.0 | 2.0 | 5,663 | 1.9 | 4.3 | 0.0 | 18.0 | 0.0 | 3.0 | |||
| Locations | Measured | 5,533 | 1.6 | 3.0 | 0.3 | 23.4 | 0.1 | 2.5 | |||||||||
| Indicated | 15,226 | 1.2 | 3.3 | 0.4 | 20.6 | 0.1 | 2.2 | Probable | 10,123 | 1.7 | 3.6 | 0.4 | 25.0 | 0.1 | 2.8 | ||
| Inferred | 5,515 | 0.8 | 1.9 | 0.2 | 13.9 | 0.0 | 1.3 | ||||||||||
| All | Total Sulphide Resources |
26,274 | 1.2 | 3.0 | 0.3 | 19.8 | 0.1 | 2.1 | Total Sulphide Reserves |
10,123 | 1.7 | 3.6 | 0.4 | 25.0 | 0.1 | 2.8 |
==> picture [117 x 37] intentionally omitted <==
Mons Cupri / Whim Creek / Liberty-Indee: CuEQ = Cu + (Zn X 0.1947) + (Ag X 0.01104) + (Au X 0.483) Salt Creek: CuEQ = Cu + (Zn X 0.28) + (Pb X 0.26) + (Ag X 0.008) + (Au X 0.513) Sulphur Springs: CuEQ = Cu + (Zn X 0.2017) + (Ag X 0.01076)
CuEQ = Cu + (Zn X 0.28) + (Pb X 0.26) + (Ag X 0.008) + (Au X 0.513) CuEQ = Cu + (Zn X 0.2017) + (Ag X 0.01076)
==> picture [720 x 80] intentionally omitted <==
Contact Details
Tim Sugden
Managing Director T: +61 8 6389 7400
Liza Carpene
Company Secretary T: +61 8 6389 7400
Registered Office
Suite 3, Level 1, 127 Cambridge Street West Leederville WA 6007, Australia
Postal Address
PO Box 1444 West Leederville WA 6901, Australia
Website
www.venturexresources.com
ASX Code VXR
==> picture [117 x 37] intentionally omitted <==