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Reserves & Resources

The 43-101 compliant mineral reserve at Kalukundi as of May 15, 2006 is as follows:
ClassificationTonnesCopper
grade
Copper
tonnes
Cobalt
grade %
Cobalt
tonnes
Proven6.6 million2.44%160,2680.69%45,119
Probable1.3 million2.02%25,7730.69%8,867
Total7.8 million2.37%186,0410.69%53,986

Note: These mineral reserves comprise essentially leachable oxide ores.

All stated Reserves are completely included within the quoted Resources.

The 43-101 compliant mineral resources at Kalukundi as of March 30, 2006 are as follows:
ClassificationTonnesCopper
grade
Copper
tonnes
Cobalt
grade %
Cobalt
tonnes
Measured to 150m9.65 million2.45%236,6250.61%59,031
Indicated to 150m2.46 million2.29%56,3340.61%15,088
Inferred from 150-200m15.02 million2.63%395,0440.58%87,120

Note: These mineral resource include both oxide and sulphide ores.

The above resources and reserves are based upon 78 core boreholes (9650 m). An additional 30 boreholes were drilled by Africo for geotechnical, condemnation and exploration purposes and were not used in the resource evaluation.

Global location

Global location of the Kalukundi Project, DRC

3D tour

Watch the 3d tour of the Kalukundi deposits

Watch the 3d tour of the Kalukundi deposits

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