MINERAL RESOURCES
Central Tanami Project Joint Venture Mineral Resources as at 30 June 2021 (50% Tanami)
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.
-
Variable gold assay top cuts were applied based on geostatistical parameters and historical production reconciliation.
-
Resources reported above relevant cut-offs based on economic extractions, varying between 0.7g/t Au and 2.5g/t Au block model grade.
-
Resources reported above relevant cut-offs based on economic extractions, varying between 0.7g/t Au and 2.5g/t Au block model grade.
-
Tonnes and ounces rounded to the nearest thousand and grade rounded to 0.1g/t. Rounding may affect tallies.
- On 4th of August 2015, an unincorporated joint venture (“JV”) was formed between the Company and Northern Star Resources Limited who purchased an initial 25% interest in the Company’s CTP. On 14 September 2018, the Company exercised the first put option available to it under the JV to sell a further 15% in the CTP. As a result of the completion of the 50/50 CTP Joint Venture with Northern Start the Company holds a 50% interest in the Mineral Resources stated in this table as at 30 September 2021.