GREY:ALXDF - Post by User
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Dansulon Mar 13, 2013 9:22am
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Post# 21121700
Update for Akasaba project
Update for Akasaba project
The updated Current Resource, which more than doubled the original estimates in less than one year (see Press Release March 27, 2012), is summarized as follows:
Table 1. NI 43-101 Gold Resources at Akasaba
| Indicated Resources | Inferred Resources |
Zone | Tonnage | Au Grade (g/t) | Contained Gold (oz.) | Tonnage | Au Grade (g/t) | Contained Au (oz.) | Cu Grade (%) | Contained Cu (Kg) | Cu in Gold Equiv. (oz.) (2) |
Underground | 653,929 | 5.79 | 121,657 | 1,537,973 | 5.51 | 272,385 | | | |
Main Pit(1) | 3,009,214 | 1.37 | 132,475 | | | | | | |
Satellite Pit(1) | | | | 285,374 | 1.76 | 16,153 | | | |
West Zone Pit | | | | 14,863,740 | 0.69 | 332,074 | 0.41 | 61,255,885 | 342,108 |
| | | | | | | | | |
Totals | | | 254,132 | | | 620,612 | | 61,255,885 |
GLTA,
Dan