Proven and probable gold reserves (non-attributable 100% basis)
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Proven reserves of 5.7 million tonnes grading 2.2 g/t representing 0.4 million ounes of gold. Probable reserves of 7.1 million tonnes grading 2.4 g/t representing 0.54 million ounces of gold.
Open pit Ore Reserves are reported at a gold price of $1 000/oz at an average cut-off of 0.80g/t, and include both dilution and ore loss factors. Open pit Ore Reserves were estimated by Shaun Gillespie, an officer of the company and Competent Person, under JORC and reviewed by Simon Bottoms, a Qualified Person under CIM.
Ore Reserve numbers are reported as per JORC 2012 and as such are reported to the second significant digit. Accordingly numbers may not add due to rounding. Ore Reserve estimates have been prepared according to JORC Code. The Qualified Person has reconciled the Ore Reserves to CIM Standards, and there are no material differences. Refer to the comments and disclaimer on page 22 of Randgold's Q4 2018 report.
0.95
Million Ounces
Measured and Indicated
gold resources (non-attributable 100% basis)
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Measured resources of 6.7 million tonnes grading 2.4 g/t representing 0.51 million ounces of gold. Indicated gold resources of 14 million tonnes grading 2.5 g/t representing 1.2 million ounces of gold.
Open pit Mineral Resources are the insitu Mineral Resources falling within the $1 500/oz pit shell reported at an average cut-off of 0.73g/t. Underground Mineral Resources are those insitu Mineral Resources below the NZ, $1 500/oz pit shell reported at a cut-off of 2.0g/t. All Tongon Mineral Resources were generated by Karamogo Diabate, an officer of the company, under the supervision of Simon Bottoms, an officer of the company and Competent Person under JORC and Qualified Person under CIM.
Mineral Resources numbers are reported as per JORC 2012 and as such are reported to the second significant digit. Accordingly numbers may not add due to rounding.
The Mineral Resource estimates have been prepared according to JORC Code. The Qualified Person has reconciled the Ore Reserves to CIM Standards, and there are no material differences. Refer to the comments and disclaimer on page 22 of Randgold's Q4 2018 report.
1.7
Million Ounces
Inferred
gold resources (non-attributable 100% basis)
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Inferred resources of 8.6 million pounds grading 2.8 g/t representing 0.77 million ounces of gold.
Open pit Mineral Resources are the insitu Mineral Resources falling within the $1 500/oz pit shell reported at an average cut-off of 0.73g/t. Underground Mineral Resources are those insitu Mineral Resources below the NZ, $1 500/oz pit shell reported at a cut-off of 2.0g/t. All Tongon Mineral Resources were generated by Karamogo Diabate, an officer of the company, under the supervision of Simon Bottoms, an officer of the company and Competent Person under JORC and Qualified Person under CIM.
Mineral Resources numbers are reported as per JORC 2012 and as such are reported to the second significant digit. Accordingly numbers may not add due to rounding.
The Mineral Resource estimates have been prepared according to JORC Code. The Qualified Person has reconciled the Ore Reserves to CIM Standards, and there are no material differences. Refer to the comments and disclaimer on page 22 of Randgold's Q4 2018 report.
0.77
Million Ounces