Kalman

Multiple areas for the current resource to be extended, key areas include;

  • Northern Fault offset target mineralisation.
  • High grade Cu open at depth and to South (including 9m @ 20%Cu, 0.47g/tAu from 581m)
  • High Grade Mo open at depth and to South.
  • Anomalous Cu and Mo geochemistry extending to Python (12km to the south).
194,700 tonnes of Copper
294,900 oz of Gold
30,000 tonnes of Molybdenum

(pls refer to 2013 september acquisition proposal announcement and 2013 annual report)

Flight Along Kalman Orebody

Courtesy of Hamish Crowe.

Kalman Deposit Mineral Resource Estimate

(Reported at 0.3% CuEq cut-off above 100m RL and 1.0% CuEq cut-off below 100m RL)
Classification Mining
Method
Tonnes
t
CuEq
%
Cu
%
Au
ppm
Ag
ppm
Mo
%
Re
ppm
Inferred Open Pit 22,000,000 1.1 0.42 0.22 1.1 0.07 1.9
Inferred Underground 8,300,000 1.9 0.87 0.42 2.0 0.11 2.9
Total   30,000,000 1.3 0.54 0.28 1.3 0.08 2.2

- Note: (1) Numbers rounded to two significant figures - Note: (2) Totals may differ due to rounding - Note: (3) (CuEq = Cu + 0.594464Au + 0.010051Ag + 4.953866Mo + 0.074375Re)