Results: MCGold
Mineral resources
Category Tonnes Au g/t Au oz Cu %
Inferred
Main Zone 3,216,000 1.61 166,200 0.04
North Zone 24,000 1.32 1,000 0.12
Total 3,240,000 1.61 167,200 0.04
Notes:
1. CIM definitions were followed for Mineral Resources.
2. Mineral Resources are estimated at a cut-off grade of 1.0 g/t Au
3. Mineral Resources are estimated using an average long-term gold price of US$500 per
ounce, and a US$/C$ exchange rate of 1:1.20.
Scott Wilson RPA considers its estimates to be in accordance with the CIM Standards on Mineral Resources and Mineral Reserves. For mineral resource estimation,Scott Wilson RPA considered a 1.0 g/t cut-off at a gold price of US$500/oz, and an exchange rate of 1.2 C$/US$.
The effect of cut-off selection is very important and has a tremendous impact on tonnage.