Mineral Resources
A JORC-compliant Inferred Mineral Resource of approximately 130,000 ounces of gold has been defined using a 0.5 g/t Au cut-off, providing a solid foundation for future growth. This initial resource, estimated in 2010 by Geosure Exploration & Mining Solutions Pty Ltd. provides a credible starting point and confirms the technical validity of the Project, while leaving considerable scope for future upgrades and expansion.
Source: Independent technical report on Sao Domingos gold project, prepared 15 October 2013, by Geosure Exploration & Mining Solutions Pty Ltd. The Mineral Resource Estimate was prepared by Mr. Michael Montgomery of Geosure Exploration & Mining Solutions Pty Ltd, a Competent Person as defined by the JORC Code (2004 Edition).
Mapping and geophysics indicate that the mineralised structure continues for at least 500m west of the current drilling, beyond the defined 400m resource strike length. This untested extension has the potential to more than double the strike extent of known mineralisation, representing a major opportunity for resource growth.