Total Mineral Resources are estimated at: 31.1 Mt @ 3.7 g/t Au for 3.72 Moz of contained gold.

Total Ore Reserves are estimated at: 5.3 Mt @ 3.1 g/t Au for 0.53 Moz of contained gold.

Resource Tabulation

Gold Resources June 2018

  Measured Resources Indicated Resources Inferred Resources Total Resources
Deposit Ore
t
'000s
Grade
g/t Au
Total
Oz Au
'000s
Ore
t
'000s
Grade
g/t Au
Total
Oz Au
'000s
Ore
t
'000s
Grade
g/t Au
Total
Oz Au
'000s
Ore
t
'000s
Grade
g/t Au
Total
Oz Au
'000s
Daisy Mining Centre                        
Daisy Complex 122 42.7 168 737 19.0 449 1,273 13.4 549 2,132 17.0 1,166
Fingals - - - 131 2.7 11 1,043 2.3 77 1,174 2.3 88
Costello - - - - - - 111 4.0 14 111 4.0 14
Lorna Doone - - - 686 2.0 44 641 3.5 72 1,327 2.7 116
Mirror/Magic 507 2.6 43 549 2.5 45 663 3.6 77 1,719 3.0 165
Wombola Pit - - - 47 3.1 5 20 4.0 3 67 3.3 7
Wombola Dam 13 3.2 1 164 2.6 14 120 3.0 12 297 2.8 27
Hammer & Tap - - - - - - 350 2.4 27 350 2.4 27
Sub Total 642 10.3 212 2,313 7.6 568 4,221 6.1 831 7,177 7.0 1,611
Imperial/Majestic Mining Centre                        
Majestic - - - 1,623 2.6 142 790 2.3 58 2,463 2.5 200
Imperial - - - 504 2.7 44 216 2.0 14 720 2.5 58
Sub Total - - - 2,177 2.7 186 1,006 2.2 72 3,183 2.5 258
Mount Belches Mining Centre                        
Maxwells 291 6.2 58 1,103 5.6 200 947 5.6 171 2,341 5.7 429
Santa Area - - - 3,788 2.5 302 1,165 3.1 117 4,953 2.6 419
Cock-eyed Bob 347 6.3 70 563 5.6 101 587 4.8 90 1,497 5.4 261
Rumbles - - - 351 2.2 24 851 2.2 59 1,202 2.2 83
Anomaly A - - - 232 1.9 14 44 1.7 2 276 1.8 16
Sub Total 638 6.2 128 6,037 3.3 641 3,594 3.8 439 10,269 3.7 1,209
Aldiss Mining Centre                         
Karonie - - - 3,595 1.8 213 620 1.5 30 4,215 1.8 243
Harry's Hill - - - 1,855 2.5 149 448 2.4 34 2,303 2.5 183
French Kiss - - - 646 2.7 55 808 1.7 45 1,454 2.1 100
Spice - - - 78 2.4 6 64 1.3 3 142 1.9 9
Tank/Atriedes - - - 236 1.4 11 604 1.5 29 840 1.5 39
Italia/Argonaut - - - 409 1.4 19 - - - 409 1.4 19
Sub Total - - - 6,819 2.1 452 2,544 1.7 141 9,363 2.0 593
 Randalls Mining Centre                        
 Lucky Bay  13 4.6  34 4.8 5 8 7.2 2 55 5.1 9
 Randalls Dam - 107 2.1 7 6 1.2 0 113 2.1 7
Sub Total 13 4.6 2 141 2.8 13 14 4.6 2 168 3.0 16
Stockpile Total  907  1.2 35  - - - - - - 907 1.2 35 
Total Mount Monger 2,200 5.3 377 17,488 3.3 1,860 11,379 4.1 1,485 31,067 3.7 3,721

 

Gold Reserves June 2018

  Proved Ore Reserves Probable Ore Reserves Total Ore Reserves
  tonnes
'000s
Grade Total
'000s
tonnes
'000s
Grade Total
'000s
tonnes
'000s
Grade Total
'000s
Daisy Mining Centre                  
Daisy Complex 144 7.7 36 250 6.8 55 394 7.2 91
Mirror/Magic - - -               - - - - -       -
Sub Total 144 7.7 36 250 6.8 55 394 7.2 91
 Imperial/Majestic Mining Centre                  
Imperial - - - - - - - - -
Majestic - - - 169 3.8 21 169 3.8 21
Sub Total - - - 169 3.8 21 169 3.8 21
Mount Belches mining Centre                  
Cock-eyed Bob 139 6.6 30 264 5.8 49 403 6.1 79
Maxwells 130 5.8 24 389 6.0 75 519 6.0 100
Sub Total 269 6.2 54 653 5.9 125 922 6.0 179
Aldiss Mining Centre                  
French Kiss  - - - 177 3.6 21 177 3.6 21
Karonie - - - 1,382 2.0 87 1,382 2.0 87
Harry's Hill (OP) - - -  1,305  2.2 93 1,305  2.2 93
Sub Total -  -  - 2,864 2.2 201 2,864 2.2 201
Stockpile Total 907 1.2 35 - - - 907 1.2 35
Total Mount Monger 1,319 2.9 124 3,937 3.2 402 5,256 3.1 526

The Mineral Resource and Ore Reserves estimates are produced in accordance with the 2012 Edition of the Australian Code for Reporting of Mineral Resources and Ore Reserves (the 2012 JORC Code).  Daisy Complex, Lorna Doone, Wombola Dam, Majestic, Imperial, Maxwells, Santa, Cock-eyed Bob/Anomoly A, Lucky Bay, Mirror/Magic, Rumbles, Karonie, Harry's Hill, French Kiss, Spice, Tank/Artredies.  The remaining Mineral Resource and Ore Reserve estimates were first prepared and disclosed under the 2004 Edition of the JORC Code and have not been updated since to comply with the 2012 JORC Code on the basis that the information has not materially changed since it was last reported.

The information in these tables that relates to Mineral Resources and Ore Reserves has been extracted from the ASX Announcement entitled "Mineral Resources and Ore Reserves Statement" dated 24 August 2018 which is available to view at www.silverlakeresources.com.au

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