RESERVES AND RESOURCES
Ore Reserve and Mineral Resource
Beadell has mineral resources of approximately 3.7 million ounces and reserves of approximately 1.5 million ounces, with over 2,500km² of highly prospective contiguous gold exploration tenements in Brazil.
Ore Reserves
The Company’s Proved and Probable Ore Reserves as at 30 June 2017 was 25.1 million tonnes @ 1.83 g/t gold for 1.47 million ounces including underground reserves of 3.0 million tonnes @ 3.61 g/t gold for 345,000 ounces and stockpiles of 3.6 million tonnes at 0.66 g/t gold for 77,000 ounces.
As at 30 June 2017 (scroll left and right to view full table)
Brazil | Proved Reserve | Probable Reserve | Total Ore Reserve |
Cut-off g/t |
||||||
Tonnes (‘000) | Grade
g/t Au |
Ounces (‘000) | Tonnes (‘000) | Grade
g/t Au |
Ounces (‘000) | Tonnes (‘000) | Grade
g/t Au |
Ounces (‘000) | ||
Urucum Open Pit Oxide | 374 | 1.21 | 15 | 180 | 1.18 | 7 | 554 | 1.20 | 21 | 0.7 |
Urucum East Open Pit Oxide | – | – | – | 151 | 1.71 | 8 | 151 | 1.71 | 8 | 0.7 |
Tap AB Open Pit Oxide | 2,384 | 2.16 | 166 | 2,024 | 1.76 | 115 | 4,408 | 1.98 | 280 | 0.6 |
Tap C Open Pit Oxide | 362 | 1.08 | 13 | 191 | 0.99 | 6 | 553 | 1.05 | 19 | 0.6 |
Total Oxide | 3,120 | 1.92 | 193 | 2,545 | 1.66 | 136 | 5,666 | 1.80 | 329 | |
Urucum Open Pit Primary | 4,446 | 1.69 | 241 | 5,246 | 1.81 | 306 | 9,692 | 1.76 | 547 | 0.8 |
Urucum East Open Pit Primary | – | – | – | 16 | 1.50 | 1 | 16 | 1.50 | 1 | 0.7 |
Urucum Underground Primary | – | – | – | 2,972 | 3.61 | 345 | 2,972 | 3.61 | 345 | |
Tap AB Open Pit Primary | 1,274 | 2.00 | 82 | 1,188 | 1.72 | 66 | 2,462 | 1.86 | 147 | 0.8 |
Tap C Open Pit Primary | 229 | 1.31 | 10 | 387 | 1.44 | 18 | 615 | 1.39 | 28 | 0.8 |
Total Primary | 5,949 | 1.74 | 333 | 9,808 | 2.33 | 735 | 15,757 | 2.11 | 1,068 | |
Urucum Open Pit Total | 4,820 | 1.65 | 256 | 5,425 | 1.79 | 312 | 10,245 | 1.73 | 568 | |
Urucum East Open Pit Total | – | – | – | 167 | 1.69 | 9 | 167 | 1.69 | 9 | |
Urucum Underground Total | – | – | – | 2,972 | 3.61 | 345 | 2,972 | 3.61 | 345 | |
Tap AB Open Pit Total | 3,658 | 2.10 | 248 | 3,212 | 1.75 | 180 | 6,870 | 1.94 | 428 | |
Tap C Open Pit Total | 591 | 1.17 | 22 | 577 | 1.29 | 24 | 1,168 | 1.23 | 46 | |
Total Oxide and Primary | 9,069 | 1.80 | 526 | 12,353 | 2.19 | 871 | 21,422 | 2.03 | 1,397 | |
Open Pit Stockpile | 1,985 | 0.66 | 42 | – | – | – | 1,985 | 0.66 | 42 | 0.5 |
Spent Ore Stockpile | 1,311 | 0.61 | 26 | – | – | – | 1,311 | 0.61 | 26 | 0.5 |
ROM Expansion Stockpile | 345 | 0.80 | 9 | – | – | – | 345 | 0.80 | 9 | 0.5 |
Total Stockpiles | 3,642 | 0.66 | 77 | – | – | – | 3,642 | 0.66 | 77 | 0.5 |
Total Brazil | 12,711 | 1.47 | 603 | 12,353 | 2.19 | 871 | 25,064 | 1.83 | 1,473 |
Mineral Resources
The Company’s Measured, Indicated and Inferred Mineral Resources as at 30 June 2017 was 63.5 million tonnes @ 1.82 g/t gold for 3.73 million ounces.
As at 30 June 2017 (scroll left and right to view full table)
Brazil | Measured | Indicated | Inferred | Total |
Lower Cut-off g/t |
||||||||
Tonnes (‘000) | Grade g/t Au | Ounces (‘000) | Tonnes (‘000) | Grade g/t Au | Ounces (‘000) | Tonnes (‘000) | Grade g/t Au | Ounces (‘000) | Tonnes (‘000) | Grade g/t Au | Ounces (‘000) | ||
Urucum Open Pit Oxide | 678 | 1.15 | 25 | 344 | 1.08 | 12 | 70 | 0.97 | 2 | 1,091 | 1.12 | 39 | 0.5 |
Urucum East Open Pit Oxide | – | – | – | 200 | 1.88 | 12 | 9 | 1.58 | 0 | 209 | 1.87 | 13 | 0.5 |
Tap AB Open Pit Oxide | 2,870 | 2.18 | 201 | 3,889 | 1.76 | 220 | 796 | 1.11 | 28 | 7,554 | 1.85 | 450 | 0.5 |
Tap C Open Pit Oxide | 566 | 0.97 | 18 | 312 | 0.90 | 9 | 88 | 0.70 | 2 | 966 | 0.92 | 29 | 0.5 |
Duckhead Open Pit Oxide | 89 | 4.24 | 12 | 140 | 1.74 | 8 | 60 | 1.56 | 3 | 289 | 2.47 | 23 | 1.0 |
Total Oxide | 4,202 | 1.90 | 256 | 4,885 | 1.66 | 261 | 1,022 | 1.10 | 36 | 10,109 | 1.70 | 553 | |
Urucum Open Pit Primary | 5,783 | 1.54 | 286 | 7,120 | 1.71 | 393 | 393 | 1.57 | 20 | 13,296 | 1.63 | 698 | 0.5 |
Urucum East Open Pit Primary | – | – | – | 211 | 1.45 | 10 | 84 | 0.94 | 3 | 295 | 1.30 | 12 | 0.5 |
Urucum Underground Primary | 260 | 4.06 | 34 | 2,634 | 4.24 | 359 | 8,839 | 2.15 | 611 | 11,733 | 2.66 | 1,004 | 1.2 |
Tap AB Open Pit Primary | 2,356 | 1.74 | 132 | 4,176 | 1.57 | 210 | 1,053 | 1.34 | 45 | 7,584 | 1.59 | 388 | 0.5 |
Tap AB Underground Primary* | 22 | 1.49 | 1 | 1,025 | 2.30 | 76 | 3,653 | 3.19 | 375 | 4,700 | 2.99 | 452 | 1.2 |
Tap C Open Pit Primary | 482 | 1.22 | 19 | 1,980 | 1.22 | 78 | 1,044 | 1.35 | 45 | 3,507 | 1.26 | 142 | 0.5 |
Duckhead Open Pit Primary | 115 | 2.28 | 8 | 264 | 2.26 | 19 | 262 | 1.81 | 15 | 641 | 2.08 | 43 | 1.0 |
Total Primary | 9,018 | 1.66 | 480 | 17,409 | 2.04 | 1,144 | 15,329 | 2.26 | 1,114 | 41,756 | 2.04 | 2,738 | |
Urucum Open Pit Total | 6,460 | 1.50 | 311 | 7,464 | 1.69 | 404 | 463 | 1.48 | 22 | 14,387 | 1.59 | 737 | 0.5 |
Urucum East Open Pit Total | – | – | – | 411 | 1.66 | 22 | 92 | 1.00 | 3 | 503 | 1.54 | 25 | 0.5 |
Urucum Underground Total | 260 | 4.06 | 34 | 2,634 | 4.24 | 359 | 8,839 | 2.15 | 611 | 11,733 | 2.66 | 1,004 | 1.2 |
Tap AB Open Pit Total | 5,225 | 1.98 | 333 | 8,065 | 1.66 | 430 | 1,849 | 1.24 | 74 | 15,139 | 1.72 | 837 | 0.5 |
Tap AB Underground Total* | 22 | 1.49 | 1 | 1,025 | 2.30 | 76 | 3,653 | 3.19 | 375 | 4,700 | 2.99 | 452 | 1.2 |
Tap C Open Pit Total | 1,048 | 1.09 | 37 | 2,292 | 1.18 | 87 | 1,133 | 1.30 | 47 | 4,473 | 1.19 | 171 | 0.5 |
Duckhead Open Pit Total | 205 | 3.14 | 21 | 404 | 2.08 | 27 | 322 | 1.76 | 18 | 930 | 2.20 | 66 | 1.0 |
Total Oxide and Primary | 13,220 | 1.73 | 736 | 22,293 | 1.96 | 1,405 | 16,351 | 2.19 | 1,150 | 51,865 | 1.97 | 3,291 | |
Open Pit Stockpile | 1,985 | 0.66 | 42 | – | – | – | – | – | – | 1,985 | 0.66 | 42 | 0.5 |
Spent Ore Stockpile | 1,311 | 0.61 | 26 | – | – | – | – | – | – | 1,311 | 0.61 | 26 | 0.5 |
ROM Expansion Stockpile | 345 | 0.80 | 9 | – | – | – | – | – | – | 345 | 0.80 | 9 | 0.5 |
Marginal Ore Stockpiles | 1,586 | 0.44 | 22 | – | – | – | – | – | – | 1,586 | 0.44 | 22 | 0.3 |
Total Stockpiles | 5,228 | 0.59 | 99 | – | – | – | – | – | – | 5,228 | 0.59 | 99 | |
Tartaruga | – | – | – | – | – | – | 6,451 | 1.63 | 337 | 6,451 | 1.63 | 337 | 0.5 |
Total Brazil | 18,448 | 1.41 | 835 | 22,293 | 1.96 | 1,405 | 22,802 | 2.03 | 1,487 | 63,544 | 1.82 | 3,727 |
*The June Tap AB Underground Resource includes 173,000 tonnes @ 4.68 g/t of Inferred Oxide in the Inferred Primary Category.