Rosia Montana
Reported Mineral Reserves and Mineral Resources at Rosia Montana can be summarised as follows:
| Resources |
Tonnes (Mt) |
Au (g/t) |
Ag (g/t) |
Contained Au
M oz |
Contained Ag
M oz |
| Measured |
139.83 |
1.5 |
8 |
6.7 |
38.1 |
| Indicated |
210.52 |
1.2 |
4 |
7.8 |
26.8 |
| MEASURED & INDICATED |
350.35 |
1.3 |
6 |
14.6 |
64.9 |
| Inferred |
30.29 |
1.2 |
3 |
1.2 |
3 |
| Reserves |
Tonnes (Mt) |
Au (g/t) |
Ag (g/t) |
Contained Au
M oz |
Contained Ag
M oz |
| Proven |
112.45 |
1.63 |
9.01 |
5.9 |
32.6 |
| Probable |
102.47 |
1.27 |
4.55 |
4.2 |
15.0 |
| PROBABLE & PROVEN |
214.93 |
1.46 |
6.88 |
10.1 |
47.6 |
Footnote - Resources at 0.6g/t Au cut off, Reserves at $735/oz Au, $10.5/oz Ag
Source: "Technical Report on the Rosia Montana Gold Project Transylvania, Romania" dated March 4, 2009. The Mineral Resource and Mineral Reserve Estimates reported therein have been respectively estimated by Brett Gossage, MAusIMM, formally of Coffey Mining Pty. Ltd. and by John Marek, P.E., of Independent Mining Consultants, Inc. Link to Technical Report
Bucium
Reported Mineral Resources at Bucium Rodu-Frasin using 0.6g/t cut off and rounded to the nearest 100,000oz can be summarized as follows:
| Category |
Tonnes (Mt) |
Au (g/t) |
Ag (g/t) |
Contained Au
M oz |
Contained Ag
M oz |
| Indicated |
7.9 |
1.92 |
5 |
0.5 |
1.4 |
| Inferred |
35.4 |
1.16 |
3 |
1.3 |
3.3 |
Source: "Revised Resource Estimate for Rodu and Frasin Prospects" prepared by RSG Global dated November 2004, which is filed under the Company's SEDAR profile. The Mineral Resource Estimates reported therein have been estimated by Julian Verbeek, MAusIMM, of RSG Global in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum's standards and definitions and are dated as of November 2004. Link to Technical Report