MINERAL RESERVES
| Mines and Projects |
Kiniero Mine (2)(4)
Guinea |
Samira Mine (2)(3)
Niger |
Mana Project (1)(2)
Burkina Faso |
Total |
Proven Mineral Reserves
Tonnes
Grade (g/t Au)
Ounces (5) |
549,000
3.30
59,000 |
10,339,800
1.81
600,100 |
8,558,000
3.10
828,900 |
19,447,300
2.30
1,488,000 |
Probable Mineral Reserves
Tonnes
Grade (g/t Au)
Ounces (5) |
1,721,000
4.50
250,200 |
2,281,200
1.85
135,800 |
1,265,900
2.35
95,700 |
5,268,100
2.80
481,700 |
Total Mineral Reserves
Tonnes
Grade (g/t Au)
Ounces (5) |
2,270,000
4.24
309,200 |
12,621,100
1.81
735,900 |
9,824,400
2.93
924,600 |
24,715,400
2.40
1,969,700 |
MINERAL RESOURCES
| Mines and Projects |
Kiniero Mine (2)(4)
Guinea |
Samira Mine (2)(3)
Niger |
Mana Project (1)(2)
Burkina Faso |
Total |
Measured Mineral Resources
Tonnes
Grade (g/t Au)
Ounces (5) |
645,000
2.50
52,900 |
12,976,000
1.14
476,900 |
2,165,900
1.90
132,000 |
15,786,900
1.30
661,800 |
Indicated Mineral Resources
Tonnes
Grade (g/t Au)
Ounces (5) |
7,415,000
2.90
683,000 |
20,390,400
1.15
751,800 |
2,709,200
2.13
185,800 |
30,514,600
1.65
1,620,600 |
Total Mineral Resources
Tonnes
Grade (g/t Au)
Ounces (5) |
8,060,000
2.84
735,900 |
33,366,400
1.15
1,228,700 |
4,875,100
2.03
317,800 |
46,301,500
1.53
2,282,400 |
| Mines and Projects |
Kiniero
Mine (2)
Guinea |
Samira
Mine (2)(3)
Niger |
Mana
Project (1)(2)
Burkina Faso |
Total |
Total Mineral Reserves
& Resources
Tonnes
Grade (g/t Au)
Ounces (5) |
10,330,000
3.15
1,045,100 |
45,987,400
1.33
1,964,600 |
14,699,500
2.63
1,242,400 |
71,016,900
1.86
4,252,100 |
| Mines and Projects |
Kiniero
Mine (2)
Guinea |
Samira
Mine (2)(3)
Niger |
Mana
Project (1)(2)
Burkina Faso |
Total |
Inferres Mineral Resources
Tonnes
Grade (g/t Au)
Ounces (5) |
975,000
3.20
101,000 |
12,732,300
1.46
597,800 |
25,297,100
2.30
1,867,100 |
39,004,400
2.05
2,565,900 |
The Company is presenting 100% of the reserves and resources of the mines in the above table as they are mostly attributable to it in accordance with its financial structure.
(1) The Company indirectly owns 90% of Semafo Burkina Faso S.A. which directly holds the interest in the Mana mine reserves and resources.
(2) Mineral reserves estimated using $650 per ounce of gold for the Samira Hill and Mana mines and $750 per ounce of gold for the Kiniero mine.
(3) Mineral reserves and resources at the Samira Hill Mine represent the combined reserves & resources of Société des Mines du Liptako (SML) S.A. and African Geomin Mining Develoment Corporation (AGMDC). The company indirectly owns 40% of SML and indirectly controls SML through its control of AGMDC pursuant to the company’s right to elect a majority of Board members of AGMDC.
(4) The Company indirectly owns 85% of Semafo Guinée S.A. which directly holds the interest in the Kiniero Mine reserves and resources.
(5) Rounding of numbers to the nearest hundred of tonnes may introduce slight differences in the figures representing the ounces contained.
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