Table A: Weatherly Mining Namibia : Ore Reserves as at 30 June 2011
| Deposit | Reserve Category |
Reserve Tonnes and Grade | Contained Metal | |||||
|---|---|---|---|---|---|---|---|---|
| Tonnes | Cu (%) | Ag (g/t) | Au (g/t) | Cu (t) | Ag (kg) | Au (kg) | ||
| Otjihase | Proven | 2,913,962 | 1.67 | 7.07 | 0.30 | 48,688 | 20,623 | 872 |
| Probable | 287,600 | 1.01 | 7.57 | 0.15 | 2,895 | 2,177 | 42 | |
| Total | 3,201,562 | 1.61 | 7.12 | 0.29 | 51,583 | 22,800 | 914 | |
| Matchless (West Ext.) | Proven | – | – | – | – | – | – | – |
| Probable | 695,667 | 1.81 | – | – | 12,626 | – | – | |
| Total | 695,667 | 1.81 | – | – | 12,626 | – | – | |
| Grand Total (Proven+Probable) | 3,897,229 | 1.65 | 5.85 | 0.23 | 64,209 | 22,800 | 914 | |
Table B: Weatherly Mining Namibia : Mineral Resources as at 30 June 2011
| Deposit | Resource Category |
Insitu Tonnes and Grade | Insitu Metal | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tonnes | Cu (%) | Ag (g/t) | Au (g/t) | Pb (%) | Zn (%) | Cu (t) | Ag (kg) | Au (kg) | Pb (kg) | Zn (kg) | ||
| Otjihase | Measured | 3,474,246 | 2.37 | 8.91 | 0.42 | 0 | 0 | 82,272 | 30,956 | 1,464 | 0 | 0 |
| Indicated | 3,828,064 | 1.94 | 7.76 | 0.32 | 0 | 0 | 74,217 | 29,639 | 1,204 | 0 | 0 | |
| Inferred | 3,718,494 | 1.41 | 5.19 | 0.23 | 0 | 0 | 52,335 | 19,293 | 839 | 0 | 0 | |
| Total | 11,020,804 | 1.89 | 7.24 | 0.32 | 0 | 0 | 208,824 | 79,888 | 3,507 | 0 | 0 | |
| Matchless Western Extension |
Measured | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Indicated | 579,716 | 2.13 | 0 | 0 | 0 | 0 | 12,402 | 0 | 0 | 0 | 0 | |
| Inferred | 230,460 | 2.32 | 0 | 0 | 0 | 0 | 5,346 | 0 | 0 | 0 | 0 | |
| Total | 810,176 | 2.19 | 0 | 0 | 0 | 0 | 17,748 | 0 | 0 | 0 | 0 | |
| Tschudi | Measured | 4,428,000 | 1.10 | 11.15 | 0 | 0 | 0 | 48,490 | 49,359 | 0 | 0 | 0 |
| Indicated | 24,416,000 | 0.90 | 11.08 | 0 | 0 | 0 | 218,994 | 270,419 | 0 | 0 | 0 | |
| Inferred | 18,874,000 | 0.74 | 9.85 | 0 | 0 | 0 | 140,482 | 185,966 | 0 | 0 | 0 | |
| Total | 47,718,000 | 0.86 | 10.59 | 0 | 0 | 0 | 407,966 | 505,744 | 0 | 0 | 0 | |
| Tsumeb West | Measured | 35,255 | 2.45 | 13.00 | 0 | 0 | 0 | 864 | 458 | 0 | 0 | 0 |
| Indicated | 520,400 | 2.24 | 20.02 | 0 | 0 | 0 | 11,680 | 10,417 | 0 | 0 | 0 | |
| Inferred | 413,200 | 1.88 | 16.35 | 0 | 0 | 0 | 7,757 | 6,757 | 0 | 0 | 0 | |
| Total | 968,855 | 2.10 | 18.20 | 0 | 0 | 0 | 20,301 | 17,632 | 0 | 0 | 0 | |
| Tsumeb Tailings | Measured | 12,000,000 | 0.48 | 12.74 | 0 | 0.77 | 0.63 | 57,600 | 152,880 | - | 92,400 | 75,600 |
| Indicated | 0 | 0.00 | 0.00 | 0 | 0 | 0 | - | - | - | - | - | |
| Inferred | 0 | 0.00 | 0.00 | 0 | 0 | 0 | - | - | - | - | - | |
| Total | 12,000,000 | 0.48 | 12.74 | 0.77 | 0.63 | 57,600 | 152,880 | - | 92,400 | 75,600 | ||
| Grand Total (all categories) | 72,517,835 | 0.99 | 10.42 | 0.05 | 0.13 | 0.10 | 712,439 | 756,144 | 3,507 | 92,400 | 75,600 | |