Reserves & Resources

Ore Reserves

Table 1: Ore Reserve summary – January 2019
Proved Probable Total
(As at January 2019) Tonnes (Mt) Grade (g/t Au) Gold (oz) Tonnes (Mt) Grade (g/t Au) Gold (oz) Tonnes (Mt) Grade (g/t Au) Gold (oz)
Kunche 8.0 1.51 388,600 0.9 1.65 47,900 8.9 1.52 436,500
Bepkong 2.4 1.65 124,400 0.7 1.41 31,300 3.0 1.59 155,800
Aduane 0.2 1.11 7,100 0.2 1.11 7,100
Julie 1.2 2.11 83,600 3.6 2.24 258,600 4.8 2.21 342,200
Julie West 0.4 3.59 49,300 0.4 3.59 49,300
Danyawu 0.1 4.63 10,500 0.1 4.63 10,500
Josephine 0.3 1.29 13,800 0.3 1.29 13,800
Manwe 0.2 1.91 13,100 0.2 1.91 13,100
Total 11.6 1.60 596,700 6.4 2.09 431,500 18.0 1.77 1,028,200

Values have been rounded.

Mineral Resources

Table 2: Mineral Resource Estimate – JORC Code 2012 – Updated 19 June 2019
Measured Indicated Measured + Indicated Inferred Grand Total
Deposit Cut-Off Au g/t Tonnes (Kt) Au g/t Ounces Tonnes (Kt) Au g/t Ounces Tonnes (Kt) Au g/t Ounces Tonnes (Kt) Au g/t Ounces Tonnes (Kt) Au g/t Ounces
Wa-Lawra:
Kunche 0.5 8,835 1.6 446,000 3,404 1.3 145,000 12,239 1.5 591,000 7,616 1.0 255,700 19,855 1.3 846,500
Bepkong o/c 0.5 3,163 1.8 185,000 728 1.4 33,000 3,704 1.7 218,000 462 1.4 20,000 4,354 1.7 237,900
Bepkong u/g 2.0 16 4.3 2 1,270 4.1 165,000 1,286 4.1 168,000 1,138 3.1 112,000 2,424 3.6 279,700
Aduane 0.5 322 1.2 12,800 322 1.2 12,800 1,491 1.3 59,900 1,812 1.3 72,700
Kunche NW 0.5 694 1.1 25,400 694 1.1 25,400
Yagha 0.5 333 1.3 13,400 333 1.3 13,400
Wa East:
Julie 0.5 1,490 2.1 101,000 9,300 1.9 572,100 10,790 1.9 673,000 6,360 1.7 352,000 17,150 1.9 1,025,000
Collette 0.5 1,690 1.5 79,000 1,690 1.5 79,000
Julie West 1.0 455 4.0 58,900 455 4.0 58,900 68 2.4 5,100 523 3.8 64,100
Danyawu 1.0 105 4.2 14,200 105 4.2 14,200 38 1.5 1,800 143 3.5 16,000
Alpha/Bravo 1.0 148 4.2 20,000 148 4.2 20,000
Josephine 1.0 709 1.5 34,500 709 1.5 34,500 580 1.5 28,600 1,290 1.5 63,100
Manwe 1.0 257 2.1 17,300 257 2.1 17,300 192 1.5 9,400 450 1.9 26,700
Total 13,504 1.7 732,002 16,550 2.0 1,052,800 29,867 1.8 1,787,700 20,810 1.5 982,300 50,866 1.7 2,769,500

Note: Values have been rounded.

A lower cut-off of 0.5g/t Au was used for Kunche, Bepkong o/c (open-cut), Aduane, Julie and Collette.

A lower cut-off of 1.0g/t Au was used for Julie West and Danyawu.

A lower cut-off of 2.0g/t Au was used for Bepkong u/g (underground).

For details of Ore Reserve Estimates and Supporting information as per JORC Code 2012, see ASX Announcement of 30 January 2019

For details of Mineral Resource Estimates and supporting information as per JORC Code 2012, see ASX Announcement of 2 July 2019