Tomingley Gold Operations Mineral Resources and Ore Reserves – 30 June 2020
The following tables detail the Mineral Resources and Ore Reserves for TGO (excluding the Roswell and San Antonio deposits) as at 30 June 2020.
TGO Mineral Resources (as at 30 June 2020)
| Deposit | Measured | Indicated | Inferred | Total | Total Gold | ||||
|---|---|---|---|---|---|---|---|---|---|
| Tonnage | Grade | Tonnage | Grade | Tonnage | Grade | Tonnage | Grade | ||
| (Kt) | (g/t Au) | (Kt) | (g/t Au) | (Kt) | (g/t Au) | (Kt) | (g/t Au) | (Koz) | |
| Open Pittable Resources (cut off 0.50g/t Au) | |||||||||
| Wyoming One | 624 | 1.8 | 428 | 1.3 | 107 | 0.7 | 1,159 | 1.5 | 57 |
| Wyoming Three | 86 | 2.0 | 16 | 1.3 | 33 | 1.4 | 135 | 1.7 | 8 |
| Caloma | 897 | 1.6 | 1,016 | 1.2 | 824 | 1.2 | 2,719 | 1.3 | 115 |
| Caloma Two | 64 | 2.3 | 812 | 2.0 | 26 | 1.4 | 902 | 2.0 | 58 |
| Sub Total | 1,653 | 1.6 | 2,272 | 1.6 | 990 | 1.2 | 4,915 | 1.5 | 238 |
| Underground Resources (cut off 1.3g/t Au) | |||||||||
| Wyoming One | 664 | 2.8 | 1,390 | 2.9 | 427 | 2.8 | 2,481 | 2.9 | 228 |
| Wyoming Three | 46 | 2.2 | 24 | 2.0 | 20 | 1.9 | 90 | 2.1 | 6 |
| Caloma | 158 | 2.6 | 129 | 2.0 | 465 | 1.9 | 752 | 2.0 | 50 |
| Caloma Two | – | 0.0 | 785 | 2.4 | 426 | 2.0 | 1,211 | 2.3 | 88 |
| Sub Total | 868 | 2.8 | 2,328 | 2.7 | 1,338 | 2.2 | 4,534 | 2.6 | 372 |
| Total | 2,521 | 1.8 | 4,600 | 2.2 | 2,328 | 1.5 | 9,449 | 1.9 | 610 |
*apparent arithmetic inconsistencies are due to rounding
TGO Ore Reserves (as at 30 June 2020)
| Deposit | Proved | Probable | Total | Total Gold | |||||
|---|---|---|---|---|---|---|---|---|---|
| Tonnage | Grade | Tonnage | Grade | Tonnage | Grade | ||||
| (Kt) | (g/t Au) | (Kt) | (g/t Au) | (Kt) | (g/t Au) | (Koz) | |||
| Open Pittable Reserves (cut off 0.50g/t Au) | |||||||||
| Wyoming One | 0 | 0.0 | 0 | 0.0 | 0 | 0.0 | 0 | ||
| Wyoming Three | 0 | 0.0 | 0 | 0.0 | 0 | 0.0 | 0 | ||
| Caloma | 450 | 1.7 | 119 | 1.2 | 569 | 1.6 | 30 | ||
| Caloma Two | 0 | 0.0 | 0 | 0.0 | 0 | 0.0 | 0 | ||
| Stockpiles | 207 | 0.8 | 0 | 0 | 207 | 0.8 | 6 | ||
| Sub Total | 657 | 1.1 | 119 | 1.2 | 776 | 1.4 | 36 | ||
| Underground Reserves (cut off 1.3g/t Au) | |||||||||
| TGO underground | 573 | 1.9 | 1,618 | 2.0 | 2,191 | 2.0 | 140 | ||
| Sub Total | 573 | 1.9 | 1,618 | 2.0 | 2,191 | 2.0 | 140 | ||
| Total | 1,230 | 1.8 | 1,737 | 1.9 | 2,967 | 1.8 | 176 | ||
*apparent arithmetic inconsistencies are due to rounding
These Mineral Resources and Ore Reserves were reported to the ASX on 18 August 2020 in accordance with the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC 2012). Any differences to those tables are corrections to typographical errors; the assumptions and parameters detailed in that report are unchanged. Mineral Resources are wholly inclusive of Ore Reserves.
Competent Persons
The TGO Mineral Resource estimates is based on, and fairly represents, information which has been compiled by Mr Craig Pridmore, Geology Manager Tomingley Gold Operations, who is a Member of the Australasian Institute of Mining and Metallurgy and an employee of Alkane Resources Ltd. Mr Pridmore has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity that is being undertaken to qualify as a Competent Person as defined in JORC 2012.
The TGO Open Pit Ore Reserve estimate is based on, and fairly represents, information which has been compiled by Mr John Millbank (Proactive Mining Solutions), an independent consultant, who is a Member of the Australasian Institute of Mining and Metallurgy. Mr Millbank has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity that is being undertaken to qualify as a Competent Person as defined in JORC 2012.
The TGO Underground Ore Reserve estimate is based on, and fairly represents, information which has been compiled by Mr Christopher Hiller (Hiller Enterprises Pty Ltd), an independent consultant, who is a Member of the Australasian Institute of Mining and Metallurgy. Mr Hiller has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity that is being undertaken to qualify as a Competent Person as defined in JORC 2012.