X hits on this document

462 views

0 shares

0 downloads

0 comments

107 / 124

16.15 RESOURCE ESTIMATE

The Star Kimberlite geological model and Mineral Resource Estimate are based on 285 surface diamond core drillholes, 213 underground diamond core drillholes, 10,547.87 carats recovered from 66,545.09 dry tonnes of underground bulk sampling and 103 LDD holes, of which 96 LDD holes reported diamond sampling data. All reported resources are contained within a conceptual floating-cone pit shell (Figure 16.8). P&E are of the opinion that the sampling protocols, geological modelling and diamond valuation are adequate for Mineral Resource Estimation, and that the methodologies and classification used in this Resource Estimate are in line with standard industry practice. Mineral Resource Estimates are tabulated in Tables 16.9.1, 16.9.2 and 16.9.3.

Cantuar

11,507

15.03

1,729

Pense

8,002

15.64

1,251

EJF Inner

80,516

16.60

13,362

EJF Outer

32,120

9.67

3,106

MJF

18,617

5.42

1,009

LJF

896

4.00

36

TOTAL Indicated

151,659

13.51

20,493

Cantuar

426

7.84

33

Pense

3,178

13.99

445

EJF Inner

2,672

15.86

424

EJF Outer

19,857

10.87

2,158

MJF

1

4.96

0

LJF

30

3.58

1

TOTAL Inferred

26,164

11.70

3,061

Inferred

Class

UNITS

Tonnes

Grade

Carats

x 1000

cpht

x 1000

Table 16.9.1: Mineral Resource Statement for the Star Diamond Project including the 100% Shore-owned portion of the Star Kimberlite and the FalC-JV portion (Star West). Reported at an internal cut-off of CAD$5.08 for the Cantuar, Pense, Early Joli Fou (EJF), Mid Joli Fou (MJF) and Late Joli Fou (LJF) kimberlite units. 1,2,3,4,5,6

Indicated

  • (1)

    Mineral resources are accumulated within an optimized floating-cone pit shell.

  • (2)

    Mineral resources which are not mineral reserves do not have demonstrated economic viability. The estimate of mineral resources may be

materially affected by environmental, permitting, legal, title, taxation, socio-political, marketing or other relevant issues. (3) The quantity and grade of reported inferred resources in this estimate are conceptual in nature. There is no guarantee that all or any part of the mineral resource will be converted into a mineral reserve.

  • (4)

    1.0 millimetre bottom cut-off assumed.

  • (5)

    WWW High scenario.

  • (6)

    Due to rounding, figures may not add up to the totals shown.

P&E Mining Consultants Inc. NI 43-101 Technical Report No 159 Shore Gold Inc. - Star Diamond Project Resource Estimate Update

Page 92 of 109

Document info
Document views462
Page views462
Page last viewedMon Jan 23 21:40:39 UTC 2017
Pages124
Paragraphs4911
Words42686

Comments