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Site Responsibility Report

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Plutonic

Plutonic Gold Mine is an underground operation. It is located on the Plutonic Well Greenstone Belt, approximately 180 kilometers northeast of Meekatharra, Western Australia, and approximately 13 kilometers from the Great Northern Highway.

The original process plant (PP1) was upgraded to a three stage crushing circuit in 1994 and in 1996 the addition of a complete second circuit (PP2) was instigated. In the past PP1 has been used for treating primary ore and PP2 for treating oxide ore, however at the end of June 2004 these circuits were combined. Processing facilities consist of a crushing and milling circuit and a leaching circuit, which operate in parallel. 




Responsible Cyanide Management

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In 2007, Plutonic produced 208,000 ounces of gold at a total cash cost of $483 per ounce1. Proven and probable mineral reserves as of December 31, 2007 are estimated at 1.8 million ounces of gold2.


Proven and Probable Reserves (at $575 per ounce)

 Tons (000's)

 Grade (ounces/ton)

 Contained Ounces (000's)

12,111

0.151

1,824


Measured and Indicated Resources (at $650 per ounce)

 Tons (000's)

 Grade (ounces/ton)

 Contained Ounces (000's)

18,819

0.144

2,704

 
1 Click here for more information regarding the calculation of total cash cost.

2 Click here for more information regarding reserve and resource measurements.