Resource Dictionary

Indicated Mineral Resource

An ‘Indicated Mineral Resource’ is that part of a Mineral Resource for which quantity,

grade or quality, densities, shape and physical characteristics, can be estimated with a level

of confidence sufficient to allow the appropriate application of technical and economic

parameters, to support mine planning and evaluation of the economic viability of the

deposit. The estimate is based on detailed and reliable exploration and testing information

gathered through appropriate techniques from locations such as outcrops, trenches, pits,

workings and drill holes that are spaced closely enough for geological and grade continuity

to be reasonably assumed.