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Re: PennyStockYoda post# 2794

Sunday, 11/17/2013 12:56:05 PM

Sunday, November 17, 2013 12:56:05 PM

Post# of 9445
Resource Estimates

In 2009, an extensive technical report was performed on the property. Based on assay data from the technical report, a resource estimate has been calculated for the deposit. Using the US Geological Survey Resource Classification, the deposit has been divided into three categories as show in the table below:

Category m3 Tonnes Oz./Ton Ounces/Au
Measured Reserves 360,000 720,000 0.0506 36,432
Indicated Resource 3,500,000 7,000,000 0.0337 235,900
Inferred Resource 27,000,000 54,000,000 0.0337 1,819,800

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