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Reserves & Resources

Mineral Reserve

Combined Main and Northwest Deposits as at December 31, 2010 – includes gold and overall cut-off grade of 0.28% total copper

  Leach Ore Mixed Float Sulphide
Class Ore (Mt) TCu (%) AsCu (%) Au (g/t) Ore (Mt) TCu (%) AsCu (%) Au (g/t) Ore (Mt) TCu (%) Au (g/t)
Total Proved 20.42 2.02 1.42 0.19 17.83 0.97 0.19 0.33 27.84 0.73 0.12
Total Probable 45.32 1.99 1.41 0.21 50.40 1.10 0.23 0.19 118.80 0.82 0.10
Total Reserve 65.74 2.00 1.41 0.20 68.23 1.07 0.22 0.23 146.641 0.80 0.11

The final pit designs utilized to identify the Mineral Reserve as at December 31, 2010, have been developed by independent consulting Mining Engineer, Anthony Cameron of A&J Cameron and Associates based in Perth Australia. Anthony Cameron is a qualified person under 43-101 and holds the following valid qualifications: BE (Mining), Grad Dip Bus, M Comm. Law and is a fellow of the AusIMM.

Mineral Resource

Combined Main and Northwest Deposits as at December 31, 2010

Cut-off Grade
TCu (%)
Tonnage (Mt) TCu (%) AsCu (%) Au (g/t)
Measured Resource
0.3 74.4 1.16 0.51 0.17
0.5 50.2 1.53 0.73 0.21
Indicated Resource
0.3 282.1 1.08 0.41 0.12
0.5 167.1 1.54 0.63 0.17
Total Measured/Indicated
0.3 356.5 1.10 0.44 0.13
0.5 217.3 1.54 0.66 0.18
Inferred Resource
0.3 161.4 0.75 0.20 0.04
0.5 77.6 1.15 0.34 0.06

This Mineral Resource as at December 31, 2010 has been prepared and verified by independent geologist Gayle Hanssen of the consulting group DMS based in Harare Zimbabwe. Gayle Hanssen is a qualified person under 43-101 and holds the following valid qualifications: BSc (Hons) Natal – Pr.Sci.Nat and is a member of SACNASP.