Advertisement
The varying cutoffs used in the resource model are given below:
--------------------------------------------------------------------------Cutoff IndicatedAgEq Tonnes AgEq Ag Au Zn Pb(g/t) (000's) (g/t) (g/t) (g/t) (%) (%)--------------------------------------------------------------------------Reported 5,564 132.4 102.8 0.59 0.85 0.56--------------------------------------------------------------------------20.0 10,463 85.9 65.7 0.40 0.85 0.4540.0 6,201 125.1 96.6 0.57 1.03 0.5760.0 4,042 165.7 129.7 0.72 1.11 0.6580.0 2,884 204.5 162.4 0.84 1.12 0.72100.0 2,183 241.5 194.5 0.94 1.07 0.75150.0 1,239 333.4 275.4 1.16 0.87 0.81200.0 804 420.4 354.5 1.32 0.69 0.83--------------------------------------------------------------------------Cutoff Inferred Tonnes AgEq Ag Au Zn PbAgEq(g/t) (000's) (g/t) (g/t) (g/t) (%) (%)--------------------------------------------------------------------------Reported 1,531 95.1 58.0 0.74 0.63 0.34--------------------------------------------------------------------------20.0 4,701 54.7 35.3 0.390 0.75 0.2840.0 2,229 84.5 52.8 0.633 1.03 0.3760.0 1,253 112.2 68.3 0.879 1.11 0.4380.0 788 137.7 82.0 1.114 1.20 0.50100.0 514 163.8 94.8 1.380 1.16 0.51150.0 226 217.5 126.2 1.823 1.35 0.59200.0 98 276.6 176.7 1.998 1.37 0.61--------------------------------------------------------------------------------------------------------------------------------------------------Cutoff IndicatedAgEq Tonnes Ag Au Zn Pb(g/t) (000's) (000's oz) (000's oz) (000's lbs) (000's lbs)------------------------------------------------------------------------Reported 5,564 18,385 106.0 104,711 69,208------------------------------------------------------------------------20.0 10,463 22,097 135.6 196,690 103,88640.0 6,201 19,253 113.6 140,242 78,49560.0 4,042 16,854 93.7 98,488 57,99580.0 2,884 15,065 78.0 71,258 45,564100.0 2,183 13,649 66.1 51,651 36,136150.0 1,239 10,969 46.2 23,726 22,038200.0 804 9,163 34.1 12,254 14,698------------------------------------------------------------------------Cutoff Inferred Tonnes Ag Au Zn PbAgEq(g/t) (000's) (000's oz) (000's oz) (000's lbs) (000's lbs)------------------------------------------------------------------------Reported 1,531 2,854 36.4 21,122 11,554------------------------------------------------------------------------20.0 4,701 5,328 58.9 77,312 29,31040.0 2,229 3,780 45.4 50,392 18,22560.0 1,253 2,750 35.4 30,689 11,96480.0 788 2,079 28.2 20,819 8,696100.0 514 1,566 22.8 13,152 5,727150.0 226 917 13.2 6,710 2,916200.0 98 556 6.3 2,958 1,312------------------------------------------------------------------------1. Ag equivalent grade = Ag grade + (Au grade (i) 50) (Rounding may cause apparent discrepancies).2. Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability. There is no certainty that all or any part of the estimated Mineral Resources will be converted into Mineral Reserves. All Mineral Resources have been classified in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum (CIM), CIM Standards on Mineral Resources and Reserves, Definitions and Guidelines prepared by the Standards Committee on Reserve Definitions and adopted by the CIM Council on December 11, 2005 and updated on November 27, 2010.3. Mineral Resources tonnage and contained-metal have been rounded to the nearest thousand and numbers might not add due to rounding.4. Two cutoffs are given for reporting the resources: 40g/t AgEq for elevations above 270m, and 100g/t AgEq for elevations below 270m elevation. Average elevation at Pinguino is 400 metres above sea-level.5. MDA reports resources at cutoffs that are reasonable for deposits of this nature given anticipated mining methods and plant processing costs, while also considering economic conditions.6. Grades presented are in situ and have been diluted to 3m by 6m by 4m (high) blocks.
