20974 29Metals AR23 WEB V1 - Flipbook - Page 70
66
29Metals 2023 Annual Report
Mineral Resources & Ore Reserves Estimates continued
Mineral Resources
The 31 December 2023 Mineral Resources es琀椀mates for Golden Grove are set out in the table below and incorporate the results of
resource conversion, resource extension and grade control drilling completed since the cut-o昀昀 for the previous Mineral Resources
es琀椀mates for Golden Grove (31 May 2022 to 31 May 2023 for es琀椀mates other than Scuddles & Cervantes, or 31 May 2023 to
31 August 2023 for Scuddles, or 31 December 2022 to 31 August 2023 for Cervantes), deple琀椀on from produc琀椀on, updated resource
modelling and geological interpreta琀椀on, updates to the metallurgical and economic assump琀椀ons, and changes to cut-o昀昀 values.
JORC Code Table 1 disclosures for these es琀椀mates are set out in 29Metals’ December 2023 Mineral Resources and Ore Reserves
es琀椀mates ASX release dated 23 February 2024.
Grade
Project
Area
Deposit
Category
Gossan
Hill Mine
Gossan Hill
Main
Measured
14.2
1.7
2.4
0.7
Indicated
6.6
1.5
2.3
0.5
Inferred
0.9
1.3
2.4
0.3
21.8
1.6
2.4
Measured
2.2
2.1
5.7
Total
Xantho
Extended &
Europa
Hougoumont
Extended &
Oizon
Scuddles
Mine
Scuddles
Cervantes
Tonnes
Mt
Cu
%
Zn
%
Au
g/t
Contained Metal
Ag
g/t
Pb
%
Cu
kt
Zn
kt
Au
koz
Ag
koz
Pb
kt
25
0.2
245
343
336
11,431
29
25
0.2
98
155
108
5,403
13
23
0.2
12
23
10
687
2
0.6
25
0.2
355
521
455
17,521
44
0.6
24
0.2
47
128
43
1,692
4
21
Indicated
5.8
2.0
7.5
0.9
35
0.4
119
434
165
6,498
Inferred
1.5
1.9
5.0
0.7
31
0.2
29
78
34
1,534
4
Total
9.6
2.0
6.7
0.8
32
0.3
195
640
241
9,724
29
Measured
0.0
2.2
0.1
0.3
17
0.0
0
0
0
1
0
Indicated
4.7
2.1
2.4
0.5
22
0.2
98
111
76
3,241
8
1
Inferred
1.0
2.3
1.2
0.2
10
0.1
24
12
7
329
Total
5.7
2.1
2.2
0.5
20
0.2
121
123
83
3,571
9
Measured
6.7
1.7
4.0
0.6
35
0.3
114
272
139
7,551
20
Indicated
0.8
1.6
3.0
0.4
23
0.2
13
25
10
621
2
Inferred
0.1
0.9
4.0
0.1
9
0.0
1
4
0
26
0
Total
7.7
1.7
3.9
0.6
33
0.3
128
302
149
8,198
22
–
–
–
–
–
–
–
–
–
–
–
4.2
1.8
5.0
0.7
34
0.3
73
208
88
4,576
14
Measured
Indicated
Inferred
0.9
1.5
5.2
0.7
34
0.2
14
48
21
1,023
2
Total
5.1
1.7
5.0
0.7
34
0.3
87
256
109
5,599
16
Note:
Es琀椀mates reported in the table above, other than silver, are rounded to one decimal place. Es琀椀mates for silver are rounded to zero decimal places.
