Our Current Resource
足球比赛买球 has defined a 1.65 million-ounce Indicated Resource (6.9Mt at 7.44 g/t gold), and a 0.366 million-ounce Inferred Resource (1.8Mt at 6.26 g/t gold) at the 足球比赛买球 Mine.1
Mineral Resource Statement for 足球比赛买球 Mine Property*
Resource Classification | Tonnes | Grade (Au g/t) |
Contained Gold (oz.) |
Indicated | 6,909,900 | 7.4 | 1,653,000 |
Inferred | 1,819,300 | 6.3 | 366,200 |
* August 10th 2022 News Release Titled “足球比赛买球 Announces Updated Mineral Resource Estimate for 足球比赛买球 Mine”: http://www.talipogluyapi.com/puregold-announces-updated-mineral-resource-estimate-for-puregold-mine/
Mineral Resource Statement Notes
- Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability. There is no certainty that all or any part of the Mineral Resources will be converted into Mineral Reserves in the future.
- Mineral Resources are stated as undiluted tonnes and grade above a 3.38 g/t gold cut-off grade captured within Mineable Stope Optimizer (“MSO”) shapes (see description below) and have been adjusted to account for all mining depletion to the end of December 2021, and exclude material within a 2-metre buffer applied to the hanging wall and footwall of mined stope voids and a 20-metre crown pillar. All quantities are rounded to the appropriate number of significant figures; consequently, sums may not add up due to rounding.
1The 足球比赛买球 Mine has a 1.65 million-ounce Indicated Resource (6.9Mt at 7.44 g/t gold) and a 0.366 million-ounce Inferred Resource (1.8Mt at 6.26 g/t gold). The Mineral Resource Estimate has an effective date of December 31, 2021, and was prepared by SRK Consulting (Canada) Inc. (“SRK”) in accordance with the National Instrument 43-101 Standards and Disclosure for Mineral Projects (“NI 43-101”) for its 100% owned 足球比赛买球 Mine near Red Lake, Ontario. Mineral Resources are estimated using 95% recovery and are reported at a 3.38 g/t gold cut-off.. See the Company’s News Release titled “足球比赛买球 Announces Updated Mineral Resource Estimate for 足球比赛买球 Mine” dated August 10, 2022 for further information, available at www.talipogluyapi.com or under the Company’s Sedar profile at www.sedar.com