Name this Mine
Instead of "Name this Tune" here is one called "Name this Mine"....answer at bottom.
Based on a 9904 metre reverse circulation and diamond drilling program completed between December 2003 and March 2004 and using a cut off grade of 1 g/t Au, consultants Hellman & Schofield Pty Ltd ("H&S") in a report dated June 2004, have estimated revised Measured and Indicated Resources of 28.82 million tonnes grading 2.0g/t Au for 1.84 million ounces gold, an increase of 22%.
Measured and Indicated Resources
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Resource Category Tonnes Grade Ounces
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Measured 15,533,000 2.1 1,054,000
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Indicated 13,286,000 1.8 787,000
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TOTAL 28,819,000 2.0 1,841,000
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Inferred Resources
An additional 0.51 million ounces remain in the Inferred Resources
category and are available for conversion into the Measured and
Indicated Resource category subject to additional infill drilling.
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Resource Category Tonnes Grade Ounces
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Inferred 7,942,000 2.0 509,000
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If you guessed Red Back's Chirano open pit mine, congratulations to you for knowing your mining history.
Note that these numbers were the result of a 22% increase from a previous estimate. Makes the potential for Kiaka look promising if we end up with an initial 43-101 anywhere close to, or even better than, the size of Chirano from 6 years ago.
eebler