Mineral Resources and Ore Reserves
24GOLDPAW Investment PTY LTD
Gold Division (WA Operating Mines)
Mineral Resource Statement - Rounded for Reporting
30/06/2019
|
| Project |
Tonnes ('000s) |
Grade |
Ounces Au ('000s) |
| Measured |
|
|
|
| CMGP (MGO & CGO) |
3,328 |
3.11 |
333 |
| FGP |
753 |
2.76 |
67 |
| Sub-Total |
4,081 |
3.04 |
399 |
| Indicated |
|
|
|
| CMGP (MGO & CGO) |
60,817 |
2.26 |
4,414 |
| FGP |
15,436 |
1.89 |
938 |
| Sub-Total |
76,252 |
2.18 |
5,352 |
| Inferred |
|
|
|
| CMGP (MGO & CGO) |
44,647 |
2.07 |
2,978 |
| FGP |
5,829 |
2.07 |
389 |
| Sub-Total |
50,476 |
2.07 |
3,367 |
| Total |
|
|
|
| CMGP (MGO & CGO) |
108,791 |
2.21 |
7,725 |
| FGP |
22,018 |
1.97 |
1,394 |
| Grand Total |
130,809 |
2.17 |
9,118 |
24GOLDPAW Investment PTY LTD
Gold Division (WA Operating Mines)
Ore Reserve Statement - Rounded for Reporting
30/06/2019
|
| Project |
Tonnes ('000s) |
Grade |
Ounces Au ('000s) |
| Proven |
|
|
|
| CMGP (MGO & CGO) |
1,814 |
2.43 |
142 |
| FGP |
891 |
2.55 |
73 |
| Sub-Total |
2,705 |
2.47 |
215 |
| Probable |
|
|
|
| CMGP (MGO & CGO) |
23,379 |
2.73 |
2,054 |
| FGP |
5,473 |
1.99 |
350 |
| Sub-Total |
28,852 |
2.59 |
2,404 |
| Total |
|
|
|
| CMGP (MGO & CGO) |
25,193 |
2.71 |
2,196 |
| FGP |
6,364 |
2.07 |
423 |
| Grand Total |
31,558 |
2.58 |
2,620 |
COMPETENT PERSONS STATEMENTS
The information in this report that relates to Exploration Targets, Exploration Results and Mineral Resources is based on information compiled Mr Jake Russell B.Sc. (Hons) MAIG. Mr Russell has sufficient experience which is relevant to the styles of mineralisation and types of deposit under consideration and to the activities which they are undertaking to qualify as a Competent Person as defined in the 2012 Editions of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC 2012)”. Mr Russell consents to the inclusion in this report of the matters based on his information in the form and context in which it appears. Mr Russell is a full time senior executive of the Company and is eligible to, and may participate in short-term and long-term incentive plans of the Company as disclosed in its annual reports and disclosure documents.
The information in this report that relates to Ore Reserves is based on information compiled by Mr Anthony Buckingham B.Eng (Mining Engineering) MAusIMM. Mr Buckingham has sufficient experience which is relevant to the styles of mineralisation and types of deposit under consideration and to the activities which they are undertaking to qualify as a Competent Person as defined in the 2012 Editions of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC 2012)”. Mr Buckingham consents to the inclusion in this report of the matters based on his information in the form and context in which it appears. Mr Buckingham is a full time senior executive of the Company and is eligible to, and may participate in short-term and long-term incentive plans of the Company as disclosed in its annual reports and disclosure documents.
The information is extracted from the report entitled ‘2019 Annual Update of Mineral Resources & Ore Reserves’ created on 4 October 2018 and is available to view on 24goldpaw’s website (www.24goldpaw.net) and the ASX (www.asx.com.au). The company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and, in the case of estimates of Mineral Resources or Ore Reserves, that all material assumptions and technical parameters underpin-ning the estimates in the relevant market announcement continue to apply and have not materially changed. The company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original market announce
