Investment Highlights - 3.48 million oz Au production (LOM)
- Initial 17 year mine life
- After-tax NPV of US$800M and 38% IRR ($1,300 gold)
- LOM cash costs of US$527/oz
- Fully functional road access
- CDN ~$122 M Cash - May 2013
- Significant Blue Sky Potential with over 400,000 acre land position
- Involved with the IFC of the World Bank Group
- Experienced Management
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Future Highlights - Infrastructure & Detailed Engineering of Aurora
- Aggressive Exploration on Prospective Targets at Aurora & Aranka
Scientific and technical information on this website has been reviewed and approved by Daniel Noone, BApSci (Geo), MBA a ‘qualified person’ as defined by NI 43-101. For additional information Please review our most recent technical report, titled "Updated Feasibility Study, Aurora Gold Project, Guyana, South America" dated January 29, 2013, which, along with all other previously filed technical disclosure, can be found on our website on the Technical Reports page in the Projects tab and at www.SEDAR.com |
Reserve Table
| January 2013 |
| Gold Price (US$) $1,300/oz |
Quantity (Mt) |
Grade (g/t) |
Gold
(M oz) |
| Proven |
| O/P saprolite |
0.168 |
2.64 |
0.014 |
| O/P fresh ore |
2.207 |
3.07 |
0.218 |
| Total |
2.375 |
3.04 |
0.232 |
| Probable |
| O/P saprolite |
4.955 |
1.70 |
0.270 |
| O/P fresh ore |
6.343 |
3.03 |
0.618 |
| U/G fresh ore |
25.851 |
2.84 |
2.357 |
| Total |
37.149 |
2.72 |
3.245 |
| Total P&P |
39.524 |
2.74 |
3.477 | Mine reserves are included in mineral resources. Cut-off grades of 0.30 and 0.50 g/t Au for O/P saprolite and fresh rock. U/G cut-off grade of 1.20 g/t Au. |