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Reserve/Resource Summary & Technical Reports
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RESERVE CATEGORY |
Resource (Tonnes) |
Contained Metal Reserves |
|
Ag (oz) |
Pb (t) |
Zn (t) |
Ag Equiv.* (oz) |
|
Proven |
1,322,201 |
17,182,882 |
101,532 |
30,093 |
32,347,159 |
|
Probable |
4,820,408 |
46,171,138 |
283,305 |
87,466 |
89,224,423 |
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Total |
6,142,609 |
63,354,020 |
384,837 |
117,559 |
121,571,582 |
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RESOURCE CATEGORY |
Resource (Tonnes) |
Contained Metal Resources |
|
Ag (oz) |
Pb (t) |
Zn (t) |
Ag Equiv.* (oz) |
|
Ying Mining District Resources (Inclusive of Reserves) |
|
M & I |
5,126,734 |
68,957,225 |
419,332 |
128,037 |
132,255,074 |
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Inferred |
6,168,763 |
87,725,328 |
584,404 |
185,238 |
178,364,808 |
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GC Project Resources |
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M&I |
6,408,000 |
28,487,400 |
95,560 |
214,150 |
71,163,200 |
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Inferred |
7,892,000 |
30,774,200 |
114,570 |
213,380 |
75,962,400 |
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Silvertip Project Resources |
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Indicated |
1,976,664 |
25,263,518 |
151,215 |
204,585 |
58,779,927 |
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Inferred |
357,713 |
4,747,390 |
26,828 |
39,527 |
10,878,617 |
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Consolidated Resources (Reserves are INCLUDED in M&I) |
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M&I |
13,883,789 |
122,708,143 |
666,107 |
546,772 |
262,198,201 |
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Inferred |
14,520,659 |
123,246,918 |
725,802 |
438,145 |
265,205,825 |
* Based on Ying Mining District Technical Report filed February 2010; GC Technical Report from June 2009; and Silvertip Technical Report from February 2010. Ag equivalent for Ying District is calculated based on US$6.50/oz Ag, $0.40/lb Pb and $0.45/lb Zn. Ag equivalent for GC project is calculated based on US$12/oz Ag, $0.75/lb Pb and $0.75/lb Zn. Ag Equivalent at Silvertip is calculated using metal prices of US$12.13/oz Ag, US$728/oz Au, US$0.804/lb Pb and US$0.847/lb Zn and metal recoveries of 69.2% for silver, 80.4% for lead, 84.7% for zinc and 50% gold.
Technical Reports
2010 Ying
2010 Silvertip
2009 GC
2008 TLP/LM
2008 GC/SMT
2007 Ying/HPG
2006 Ying
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