Reserves & Resources

North Island Mineral Resource

Mineral Resources:

Copper: 1.83 Billion lbs Gold: 3.2 Million oz Molybdenum: 57.8 Million lbs
Tonnes, ‘0000 Grade  Contained Metal
Cu,
%
Au,
g/t
Mo,
%
Re,
ppm
Cu Eq,
%
Cu,
B lb
Au,
M oz 
Mo,
M lb
Re,
Kg x 1000
Cu Eq,
B lb
Au Eq,
Moz
Red Dog
Indicated 36,568 0.21 0.38 0.005 0.52 0.22 0.45 4.0 0.42 0.99
Inferred 1,774 0.20 0.30 0.003 0.39 0.01 0.02 0.1 0.02 0.04
Hushamu
Indicated 305,180 0.24 0.28 0.008 0.54 0.543 1.62 2.75 53.8 165 2.92 6.97
Inferred 189,640 0.19 0.24 0.007 0.35 0.36 0.79 1.46 29.3 66 1.49 3.56
Total
Indicated 341,743 0.24 0.29 0.008 0.48 0.44 1.83 3.2 57.8 165 3.34 7.96
Inferred 190,788 0.19 0.24 0.007 0.35 0.36 0.80 1.42 29.4 66 1.51 3.60

For Cu and Au eq., the commodity prices used are as follows: UU$ 3.10/lb Cu, US$1300/oz Au and US$9.00/lb Mo. Assumed 100% recovery.

Contact Investor Relations