20974 29Metals AR23 WEB V1 - Flipbook - Page 67
2023 key
results
Chair letter and
CEO report
About
29Metals
Our
assets
Sustainability
& ESG Report
Mineral Resources
and Ore Reserves
Annual
Financial Report
63
Group Mineral Resources and Ore Reserves Estimates
Mineral Resources
Mineral Resources es琀椀mates at the Group level are the aggrega琀椀on of 31 December 2023 Mineral Resources es琀椀mates for
Golden Grove, Capricorn Copper and Redhill, as reported in subsequent sec琀椀ons of this release. Mineral Resources es琀椀mates have
been depleted for produc琀椀on to 31 December 2023.
2023
Grade
Category
Measured
Asset
Golden Grove
Capricorn Copper
Red Hill
Total
Indicated
Zn
%
Au
g/t
Ag
g/t
23.6
1.8
3.2
0.7
7.3
1.8
–
–
–
–
–
–
30.9
29
417
753
542
21,913
10
134
–
–
2,337
–
–
–
–
–
550
753
542
24,251
Grades not addi琀椀ve
4.6
0.6
28
455
1,229
563
23,910
1.9
–
–
10
698
–
–
11,371
–
–
–
–
–
Golden Grove
8.6
–
–
–
–
1,153
1,229
563
35,281
25
131
326
147
6,922
5,277
Grades not addi琀椀ve
63.5
1.5
3.8
0.5
21.0
1.7
–
–
8
352
–
–
4.3
1.7
–
0.3
33
71
–
40
4,611
554
326
187
16,810
33.9
Grades not addi琀椀ve
Golden Grove
59.2
1.7
3.9
0.7
28
1,002
2,309
1,252
52,745
Capricorn Copper
64.8
1.8
–
–
9
1,186
–
–
19,049
4.3
1.7
–
0.3
33
Red Hill
Total
128.3
Grades not addi琀椀ve
Category
71
–
40
4,611
2,260
2,309
1,292
76,405
2022
Golden Grove
Capricorn Copper
Red Hill
24.7
1.7
3.2
0.7
29
422
787
563
22,604
7.4
1.8
–
–
7
130
–
–
1,682
–
–
–
–
–
–
–
–
–
24,285
Total
32.0
552
787
563
Golden Grove
26.5
1.7
4.7
0.6
28
444
1,244
521
23,824
Capricorn Copper
34.2
2.0
–
–
9
668
–
–
10,366
–
–
–
–
–
–
–
–
–
34,190
Red Hill
Grades not addi琀椀ve
Total
60.7
1,112
1,244
521
Golden Grove
10.3
1.6
4.3
0.6
30
161
442
199
9,785
Capricorn Copper
20.6
1.7
–
–
8
343
–
–
5,215
4.3
1.7
–
0.3
33
Red Hill
Total
Measured,
Indicated &
Inferred
Ag
koz
1.7
Total
Inferred
Au
koz
27.0
Capricorn Copper
Indicated
Zn
kt
36.6
Red Hill
Measured
Cu
kt
Capricorn Copper
Red Hill
Measured,
Indicated &
Inferred
Cu
%
Golden Grove
Total
Inferred
Tonnes
Mt
Contained Metal
Grades not addi琀椀ve
Grades not addi琀椀ve
35.2
71
–
40
4,611
576
442
239
19,612
Golden Grove
61.4
1.7
4.0
0.7
28
1,027
2,473
1,284
56,213
Capricorn Copper
62.2
1.8
–
–
9
1,141
–
–
17,263
4.3
1.7
–
0.3
33
71
–
40
4,611
2,240
2,473
1,323
78,087
Red Hill
Total
127.9
Grades not addi琀椀ve
Note:
Es琀椀mates reported in the table above are subject to rounding (one signi昀椀cant 昀椀gure). Addi琀椀onal elements – Pb, Co, As, S and Fe – not shown in the table above are
reported in underlying Mineral Resources es琀椀mates for assets (where applicable).
