Gatsuurt Reserve and Resource Estimate

RESERVE AND RESOURCES

The following table shows Gatsuurt’s estimated gold reserves and resources at December 31, 2017:

  TONNES
(000s)
GRADE
Grams/tonne
CONTAINED GOLD
OUNCES
(000s)
Proven -- -- --
Probable 15,356 2.7 1,316
Total reserves 15,356 2.7 1,316
Measured -- -- --
Indicated 10,988 1.9 678
Total measured and indicated resources 10,988 1.9 678
Inferred resources 3,812 2.1 263