Resources & Reserves
Summary of Mineral Resources, 31 October 2007
Weatherly currently has 695,219 tonnes of contained copper in resources, compliant to JORC.
Deposit |
Resources Category |
Insitu Tonnes and Grades |
Insitu Metal |
Tonnes |
Cu% |
Ag g/t |
pb% |
Au g/t |
Cu metal tonnes |
Ag metal ounces |
Pb metal tonnes |
Au metal ounces |
Tschudi |
Measured |
13,545,000 |
0.82 |
9.75 |
- |
- |
110,629 |
132,051 |
- |
- |
Indicated |
26,312,000 |
0.83 |
10.85 |
- |
- |
217,863 |
285,446 |
- |
- |
Inferred |
3,531,000 |
0.84 |
11.01 |
- |
- |
29,625 |
38,875 |
- |
- |
Total |
43,388,000 |
0.83 |
10.52 |
- |
- |
358,117 |
456,372 |
- |
- |
Tsumeb West |
Measured |
12,400 |
2.33 |
13.00 |
- |
- |
289 |
161 |
- |
- |
Indicated |
636,900 |
2.28 |
18.73 |
- |
- |
14,539 |
11,932 |
- |
- |
Inferred |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Total |
649,300 |
2.28 |
18.62 |
- |
- |
14,828 |
12,093 |
- |
- |
Matchless Western Extension |
Measured |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Indicated |
869,300 |
3.24 |
- |
- |
- |
28,165 |
- |
- |
- |
Inferred |
47,600 |
2.48 |
- |
- |
- |
1,180 |
- |
- |
- |
Total |
916,900 |
3.20 |
- |
- |
- |
29,346 |
- |
- |
- |
Kombat Asis West (12-15 Level) |
Measured |
4,790 |
2.74 |
8.34 |
0.10 |
- |
131 |
0 |
400 |
- |
Indicated |
79,640 |
2.16 |
4.43 |
0.12 |
- |
1,717 |
10 |
3,527 |
- |
Inferred |
143,640 |
2.17 |
7.37 |
0.12 |
- |
3,120 |
17 |
10,585 |
- |
Total |
228,070 |
2.18 |
6.36 |
0.12 |
- |
4,968 |
27 |
14,512 |
- |
Kombat Asis West (19-22 Level) |
Measured |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Indicated |
104,600 |
2.49 |
28 |
- |
- |
2,605 |
29,288 |
- |
- |
Inferred |
235,000 |
3.77 |
50 |
- |
- |
8,855 |
11,750 |
- |
- |
Total |
339,600 |
3.37 |
43 |
- |
- |
11,460 |
41,038 |
- |
- |
Kombat Asis Far West |
Measured |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Indicated |
1,641,900 |
2.29 |
- |
- |
- |
37,600 |
- |
- |
- |
Inferred |
572,800 |
2.29 |
- |
- |
- |
13,117 |
- |
- |
- |
Total |
2,214,700 |
2.29 |
- |
- |
- |
50,717 |
- |
- |
- |
Otjihase |
Measured |
3,494,900 |
2.38 |
9.03 |
- |
0.43 |
83,022 |
8,302 |
- |
1,493 |
Indicated |
4,596,700 |
1.92 |
7.64 |
- |
0.31 |
88,073 |
8,807 |
- |
1,443 |
Inferred |
4,076,300 |
1.34 |
5.06 |
- |
0.21 |
54,690 |
5,469 |
- |
848 |
Total |
12,167,900 |
1.86 |
7.17 |
- |
0.31 |
225,784 |
22,578 |
- |
3,784 |
GRAND TOTAL |
59,904,470 |
1.16 |
- |
- |
- |
695,219 |
532,108 |
14,512 |
3,784 |
*Undiluted resource tonnes inclusive of reserves
The resources reported are based on the "Ongopolo's Mineral Properties and Mines, Competent Persons Report and Technical valuation, 24 April 2006, Prepared by RSG Global on behalf of Weatherly International plc". The April 2006 Resources and Reserves have been depleted for the period 30 April 2006 to 30 October 2007 Run of Mine and updated to this 30 October 2007 Resource Statement. Minimal exploration or further evaluation work has been undertaken in the period to warrant a review of the RSG, Competent Persons Report of 24 April 2006, hence no attempt has been made to reinterpret, remodel and or reclassify the resources for the purpose of compiling this 30 October 2007, Resource Statement.
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