Perseus Mining Announces Underground and Open Pit Reserve Growth at Yaoure - Seite 2

HIGHLIGHTS

• Indicated Mineral Resources at CMA underground have increased by 439 koz to 7.3 Mt at 4.17 g/t for 976 koz of contained gold, and Inferred Mineral Resources are estimated at 4.4 Mt at 3.4 g/t gold containing 485 koz of gold.
• Underground Probable Ore Reserves estimated to date total 4.9 Mt of ore grading 3.51 g/t gold and containing 559 koz of gold, which is an increase for FY23 of 2.7 Mt at 3.46 g/t gold containing 300 koz of gold.
• Yaouré open pit Indicated Mineral Resources have increased by 300 koz to 19.2 Mt at 1.27 g/t for 784 koz of contained gold, and Inferred Mineral Resources are estimated at 3.0 Mt at 1.3 g/t gold containing 124 koz of gold.
• Yaouré open pit Probable Ore Reserves have increased in FY23 by 6.9 Mt at 1.82 g/t for 403 koz of gold, for a total of 11.8 Mt at 1.49 g/t gold containing 565 koz of gold.
• Yaouré Gold Mine Ore Reserve increases at the CMA underground and the Yaouré open pit will extend the Yaouré Life of Mine (LOM) and all Ore Reserve additions are inside the mine fence and adjacent to the Yaouré processing facility. Perseus will prepare an updated LOM Plan for the Yaouré Gold Mine during the September 2023 Quarter.
  
  

Perseus’s Managing Director and CEO Jeff Quartermaine said:

“Since pouring first gold at Yaouré, this mine has repeatedly exceeded our expectations on almost every measure and made a very significant contribution to the success of our company. The discovery of extensions to the CMA orebody at depth and confirmation that these Mineral Resources can be economically developed is further evidence that not only is the Yaouré Gold Mine an outstandingly good operation, but that it will also continue to contribute benefits to all of our stakeholders, well beyond our initial estimates.

The results that have been announced today are associated with the first 400 metres down dip from the base of the CMA open pit. Three dimensional seismic surveys have confirmed that the CMA and associated structures continue at depth for a much greater distance underground and it will require further drilling to confirm that these structures are mineralised with economically mineable grades at depth. However, based on what we have seen to date, we are optimistic that once established, the underground operation at Yaouré will continue for many years into the future.