20974 29Metals AR23 WEB V1 - Flipbook - Page 79
2023 key
results
Chair letter and
CEO report
About
29Metals
Our
assets
Sustainability
& ESG Report
Mineral Resources
and Ore Reserves
Annual
Financial Report
75
Ore Reserves
The 31 December 2023 Ore Reserves es琀椀mates for Capricorn Copper are set out below and incorporate changes to the Capricorn
Copper Mineral Resources es琀椀mates (refer above), deple琀椀on for mining and processing, changes to cut-o昀昀 grades and economic
parameters, changes to stope and sub-level cave designs, and changes to dilu琀椀on and recovery assump琀椀ons.
JORC Code Table 1 disclosures are set out in 29Metals’ December 2023 Mineral Resources and Ore Reserves es琀椀mates ASX release
dated 23 February 2024.
Grade
Deposit
Esperanza South
Esperanza
Pluto
Greenstone
Mammoth Deeps
Mammoth Nth
Mammoth Remnants
Stockpile
Category
Proved
Cu
%
Contained Metal
Ag
g/t
As
ppm
Cu
kt
Ag
koz
As
kt
1.0
1.7
17
1,200
17
600
1
Probable
12.5
1.5
16
1,200
185
6,300
14
Total
13.5
1.5
16
1,200
202
6,900
16
–
–
–
–
–
–
–
Probable
Proved
0.2
2.1
10
2,200
4
100
0
Total
0.2
2.1
10
2,200
4
100
0
–
–
–
–
–
–
–
Probable
1.1
2.8
1
300
31
–
0
Total
1.1
2.8
1
300
31
–
0
–
–
–
–
–
–
–
Proved
Proved
Probable
0.0
1.8
1
200
0
–
0
Total
0.0
1.8
1
200
0
–
0
Proved
0.1
2.7
2
1,400
3
–
0
Probable
2.2
2.0
5
2,300
43
300
5
Total
2.3
2.0
4
2,300
45
300
5
–
–
–
–
–
–
–
Probable
Proved
0.6
1.4
3
800
8
100
0
Total
0.6
1.4
3
800
8
100
0
Proved
0.4
1.9
6
3,200
8
100
1
Probable
0.8
1.8
5
1,900
14
100
1
Total
1.2
1.9
5
2,400
22
200
3
Proved
0.1
1.3
9
900
2
0
0
Probable
Total
Total
Tonnes
Mt
Proved
–
–
–
–
–
–
–
0.1
1.3
9
900
2
0
0
2
1.8
13
1,700
30
700
3
Probable
17
1.6
12
1,300
280
6,900
22
Total
19
1.7
12
1,300
310
7,600
25
Note:
Es琀椀mates of ore tonnes and grade reported in the table above, other than aggregated total tonnes, and silver and arsenic grades, are subject to rounding to one decimal
place. Es琀椀mates for aggregated total tonnes and silver grade are rounded to zero decimal places and es琀椀mates for arsenic are rounded to the nearest 100ppm. Es琀椀mates of
contained silver and arsenic metal have been further rounded re昀氀ec琀椀ng rela琀椀ve con昀椀dence. Aggregate es琀椀mates of contained Cu metal have been rounded to the nearest
10kt, es琀椀mates of contained silver have been rounded to the nearest 100koz.
