
CARABAYA
Resource Estimates
In 2009, an extensive Technical Mining Report was performed on the property by Shaft and Tunnel Engineering Services. Based on assay data from the report, a resource estimate has been calculated for the deposit. Using the US Geological Survey Resource Classification, the deposit has been divided into three categories as show in the table below:
Category m3 Tonnes Oz./Ton Ounces/Au
Measured Reserves 360,000 720,000 0.0506 36,432
Indicated Resource 3,500,000 7,000,000 0.0337 235,900
Inferred Resource 27,000,000 54,000,000 0.0337 1,819,800
