Lexam VG Gold Resource Summary | Open Pit Resources | | | Cut-Off (gpt) | Tonnage (Mt) | Grade (gpt) | Gold (oz) | | | | Measured | | DT Main Zone | 0.50 | 0.45 | 2.44 | 35,500 | | | | | | | | Indicated | | Buffalo Ankerite | 0.51 | 3.82 | 2.37 | 292,800 | | Paymaster | 0.51 | 2.80 | 1.61 | 145,000 | | Fuller | 0.51 | 5.33 | 1.68 | 290,000 | | DT Main Zone | 0.50 | 0.17 | 2.43 | 13,500 | | Total Measured + Indicated | 12.57 | 1.91 | 776,800 | | | | Inferred | | | | | | | | Buffalo Ankerite | 0.51 | 2.74 | 2.31 | 203,400 | | Paymaster | 0.51 | 0.84 | 1.61 | 43,000 | | Fuller | 0.51 | 2.70 | 1.30 | 112,000 | | | | | | | | Total Inferred | 6.28 | 1.79 | 358,400 | | | | Underground Resources | | | Cut-Off (gpt) | Tonnage (Mt) | Grade (gpt) | Gold (oz) | | | | Measured | | DT Main Zone | 2.60 | 0.02 | 6.64 | 3,800 | | DT S-Zone | 2.00 | 0.34 | 5.50 | 59,800 | | Indicated | | Buffalo Ankerite | 2.57 | 3.27 | 4.76 | 500,200 | | Fuller | 2.57 | 0.33 | 5.76 | 61,000 | | DT Main Zone | 2.60 | 0.04 | 4.91 | 6,500 | | DT S-Zone | 2.00 | 0.42 | 4.52 | 60,400 | | Total Measured + Indicated | 4.41 | 4.88 | 691,700 | | | | Inferred | | Buffalo Ankerite | 2.57 | 2.81 | 4.05 | 367,100 | | Paymaster | 2.57 | 0.13 | 6.14 | 26,000 | | Fuller | 2.57 | 0.84 | 4.97 | 135,000 | | DT Main Zone | 2.60 | 0.07 | 4.20 | 9,600 | | DT S-Zone | 2.00 | 0.39 | 4.68 | 58,200 | | Total Inferred | 4.24 | 4.35 | 595,800 | | | | | Total Measured + Indicated (Open Pit and Underground) 1,468,500 | | Total Inferred (Open Pit and Underground) 954,200 | DT - Davidson Tisdale property, gpt - grams per tonne, Mt - million tonnes; oz - ounces. Numbers may not add due to rounding. The above resource estimates represent net Lexam ounces, calculated at the following property ownership interests: 100% for Buffalo Ankerite, Davidson Tisdale and Fuller, 60% for Paymaster. The resource estimates for Buffalo Ankerite, Paymaster, Fuller and Davidson Tisdale Main Zone are available in the report "Technical Report and Updated Resource Estimate on the Buffalo Ankerite, Fuller, Paymaster, and Davidson Tisdale Gold Deposits - Porcupine Mining Division, North-Eastern Ontario, Canada NTS 42E 12/SW for Lexam VG Gold Inc, 181 Bay St, Suite 4750, Toronto, Ontario, M5J 2T3" (PDF 24.4 MB) dated June 21, 2013. The resource estimate for Davidson Tisdale S-Zone is available in the report "Davidson Tisdale Gold Property, Timmins, Ontario Technical Report" dated November, 2003. To view more technical reports on Lexam's properties please visit our Technical Reports page. | |