Reserves

The updated estimation of the Group’s Ore Reserves for the four prospects – Pasir Manggu, Cikadu, Sekolah and Cibatu is in progress.

An update will be available in 2QFY2018 and the Group shall announce the Independent Qualified Person’s Report presenting the results of the Ore Reserves estimation as soon as practicable thereafter.

Below shows the summary of Reserves as of 31 May 2013.

Deposit Category Reserve(kt) Au(g/t) Au(kg) Au(‘000oz)
Pasir Manggu West Proved 103.2 5.89 607.3 19.5
Probable 455.8 6.59 3,001.5 96.5
Proved+Probable 559.0 6.46 3,608.8 116.0
Cikadu Probable 843.8 7.34 6,190.8 199.0
Sekolah Probable 433.2 7.85 3,402.5 109.4
Cibatu Probable 604.5 6.83 4,131.5 132.8
Total Proved 103.2 5.89 607.3 19.5
Probable 2,337.3 7.16 16,726.3 537.8
Proved+Probable 2,440.5 7.10 17,333.7 557.3

Source: IQPR report dated September 2013 prepared by SRK Consulting