Operations » Reserves & Resources

MINERAL RESOURCES AS AT 30 JUNE 2011 (ABOVE 50% Fe)

Tallering Peak
Tonnes
(millions)
Fe%
SiO2%
AI2O3%
P%
  Measured
4.95 62.10 4.38 2.49 0.03
  Indicated
 3.38 57.60 7.98 3.71 0.07
  Inferred
 0.63 55.80 12.60 2.98 0.06
  Total 8.96 60.00 6.32 2.98 0.05


Extension Hill

 
Tonnes
(millions)
Fe%
SiO2%
AI2O3%
P%
  Measured
 13.80 58.00 6.97 2.10 0.06
  Indicated
 6.46 58.00 8.93 1.71 0.06
  Inferred
 2.28 62.50 5.19 1.28 0.05
  Total 22.50 58.50 7.35 1.91 0.06


Koolan Island

 
Tonnes
(millions)
Fe%
SiO2%
AI2O3%
P%
  Measured
12.40 60.00 12.40 1.06 0.02
  Indicated
 45.60 64.20 6.58 0.77 0.01
  Inferred
 13.80 60.80 11.90 0.65 0.01
  Total 71.90 62.80 8.61 0.80 0.01

 

  Total 103.30 61.60 8.13 1.23 0.03

 

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 2011

Tallering Peak

 
Tonnes
(millions)
Fe%
SiO2%
AI2O3%
P%
  Proven
 3.67 62.70 4.19 2.19 0.03
  Probable
 1.69 57.90 7.71 3.79 0.05
Total
 5.35 61.20 5.30 2.69 0.04


Extension Hill

 
Tonnes
(millions)
Fe%
SiO2%
AI2O3%
P%
  Proven
 10.30 59.30 5.50 1.80 0.06
  Probable
 4.21 59.80 7.17 1.31 0.06
  Total 14.50 59.50 5.98 1.65 0.06


Koolan Island

 
Tonnes
(millions)
Fe%
SiO2%
AI2O3%
P%
  Proven
6.93 60.40 12.30 0.69 0.01
  Probable
 25.20 65.00 5.23 0.88 0.01
  Total 32.10 64.00 6.76 0.84 0.01

 

  Total 52.00 62.50 6.39 1.26 0.03

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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