Resources
Central Tanami Project Mineral Resources by tenement
as at 30 September 2011
| Deposit | Measured | Indicated | Inferred | Total | Ounces | ||||
| Tonnes | Grade (g/t) | Tonnes | Grade (g/t) | Tonnes | Grade (g/t) | Tonnes | Grade (g/t) | ||
| MLS153 | 1,051,000 | 2.2 | 3,046,000 | 2.2 | 849,000 | 2.7 | 4,946,000 | 2.3 | 365,000 |
| MLS167 | 2,709,000 | 3.4 | 2,613,000 | 2.9 | 2,050,000 | 2.9 | 7,373,000 | 3.1 | 728,000 |
| MLS168 | 854,000 | 2.2 | 314,000 | 1.6 | 1,094,000 | 1.6 | 2,262,000 | 1.8 | 133,000 |
| MLS180 | 545,000 | 3.3 | 872,000 | 2.7 | 269,000 | 2.0 | 1,685,000 | 2.8 | 151,000 |
| MLSA172 | 1,096,000 | 2.7 | 176,000 | 1.8 | 142,000 | 2.7 | 1,415,000 | 2.6 | 119,000 |
| ML22934 | 500,000 | 4.1 | 995,000 | 4.3 | 2,101,000 | 4.9 | 3,596,000 | 4.6 | * 535,000 |
| Stockpiles | 1,700,000 | 0.9 | 1,700,000 | 0.9 | 48,000 | ||||
| TOTAL | 8,455,000 | 2.6 | 8,016,000 | 2.7 | 6,505,000 | 3.3 | 22,977,000 | 2.8 | 2,079,000 |
Notes to accompany Table -
- Resource estimations completed using MineMap, Vulcan and Micromine software packages comprising a combination of ellipsoidal inverse distance and ordinary kriging grade interpolation methods.
- Grade estimation was constrained to material within >0.7g/t mineralisation outlines.
- Variable gold assay top cuts were applied based on geostatistical parameters and historical production reconciliation.
- Resources reported above 0.7g/t block model grade.
- *Resources reported above 1.0g/t block model grade.
- Stockpile figures from previously reported Otter Gold Mines NL 2001 Mineral Resource estimate less recorded treatment by Newmont Asia Pacific.
- Tonnes and ounces rounded to the nearest thousand and grade rounded to 0.1g/t. Rounding may affect tallies.
- The information in this report pertaining to Mineral Resources for the Central Tanami Project was compiled by Mr Bill Makar (MAusIMM), Consultant Geologist - Tanami Gold NL, Mr Michael Thomson (MAusIMM), Resource Geologist for Tanami Gold NL, Mr Steven Nicholls (MAIG), former Senior Geologist for Tanami Gold NL, Mrs Claire Hillyard (MAusIMM), contract Geologist for Tanami Gold NL and Mr Peter Ball (MAusIMM), Director of Datageo Geological Consultants. Mr Makar, Mr Thomson, Mr Nicholls and Mr Ball have sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration to qualify as Competent Persons as defined in the December 2004 edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code). Mr Makar, Mr Thomson, Mr Nicholls, Mrs Hillyard and Mr Ball consent to the inclusion in this report of the matters based on their information in the form and context in which it appears.