Operations » Reserves & Resources

MINERAL RESOURCES AS AT 30 JUNE 2009 (ABOVE 50% Fe)

Tallering Peak
Tonnes
(millions)
Fe%
SiO2%
AI2O3%
P%
  Measured
10.0 63.3 3.96 2.06 0.028
  Indicated
 3.6 59.5 7.21 2.92 0.055
  Inferred
 1.3 56.3 11.20 4.63 0.061
  Total 14.9 61.8 5.35 2.48 0.037


Extension Hill

 
Tonnes
(millions)
Fe%
SiO2%
AI2O3%
P%
  Measured
 13.8 58.1 6.77 2.15 0.062
  Indicated
 5.8 58.3 9.91 1.29 0.057
  Inferred
 2.5 61.7 5.33 1.52 0.061
  Total 22.1 58.6 7.43 1.85 0.061


Koolan Island

 
Tonnes
(millions)
Fe%
SiO2%
AI2O3%
P%
  Measured
7.0 60.8 7.19 1.92 0.024
  Indicated
 43.5 63.2 8.07 0.77 0.016
  Inferred
 17.2 62.6 8.45 0.87 0.017
  Total 67.7 62.8 8.26 0.98 0.018

 

  Total 104.7 61.8 7.67 1.38 0.030

 

The information in this report relating to Mineral Resources is based on information compiled by Rolf Forster, who is a member of the Australasian Institute of Mining and Metallurgy.

Rolf Forster is a consultant to Mount Gibson Mining Limited, and has sufficient experience relevant to the styles of mineralisation and type of deposit under consideration and to the activity he is undertaking to qualify as a Competent Person as defined in the December 2004 Edition of the "Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves".

Rolf Forster has consented to the inclusion of the matters in this report based on his information in the form and context in which it appears.

MINING RESERVES AS AT 30 JUNE 2009

Tallering Peak

 
Tonnes
(millions)
Fe%
SiO2%
AI2O3%
P%
  Proven
 9.8 62.6 4.49 2.23 0.027
  Probable
 2.4 58.5 7.66 3.46 0.030
Total
 12.2 61.8 4.59 2.25 0.027


Extension Hill

 
Tonnes
(millions)
Fe%
SiO2%
AI2O3%
P%
  Proven
 10.6 59.2 5.66 1.95 0.064
  Probable
 3.7 59.3 8.48 1.27 0.058
  Total 14.3 59.2 6.38 1.77 0.063


Koolan Island

 
Tonnes
(millions)
Fe%
SiO2%
AI2O3%
P%
  Proven
4.3 62.0 7.53 2.29 0.030
  Probable
 25.9 64.1 5.90 0.80 0.015
  Total 30.2 63.8 6.13 1.01 0.017

 

  Total 56.7 62.2 5.86 1.47 0.031

Note: Reserves exclude ore and product stocks

The information in this report relating to Ore Reserves is based on information compiled by Rolf Forster and Weifeng Li, who are both members of the Australasian Institute of Mining and Metallurgy.

Rolf Forster and Weifeng Li are consultants to Mount Gibson Mining Limited, and have sufficient experience relevant to the styles of mineralisation and type of deposit under consideration and to the activity which they are undertaking, to each qualify as a Competent Person as defined in the December 2004 Edition of the "Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves".

Rolf Forster and Weifeng Li have consented to the inclusion of the matters in this report based on their information in the form and context in which it appears.

 

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