Page 541 - NEWGEN21-Proceedings-Full

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Golden Highway mineral resource history

Year Company QP Area Cut-off Tonnes Grade Ounces
1988 Noranda Internal SW 1.24 192,250 2.02 12,500
1997 Barrick Internal SW 4.00 4,971,000 6.32 1,015,000
2008 Acrex Internal 55 0.50 7,857,000 1.52 384,700 Tower gold project
2008 Moneta George Cargill WJS 1.00 2,700,000 2.30 204,000

2010 Moneta SRK All Not completed • 2021 resource
2011 Moneta P&E Mining All 0.35/2.00 81,370,000 1.20 3,140,000
• Includes Garrison resources
2012 Moneta P&E Mining All 0.37/2.00 114,391,000 1.17 4,295,000
• Pre-2021: Golden Highway only
Indicated and Inferred Mineral Resources Growth • 2019-2020 resources: Micon International
2019 - 2021
Includes Garrison • December 2020 Garrison: Ausenco
+668% 8,400,000

• September 2020: PEA on South West deposit at
5,479,500
Golden Highway
• Underground by Micon (~80,000 oz/pa
production)

1,730,400
1,256,600 • December 2020: PEA on Garrison
• Open pit by Ausenco (~125,000 oz/pa
production)
January 2019 November December February 2021
2019 2020
monetagold.com 31
Indicated Resources Inferred Resources Total Indicated and Inferred Resources