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Competent Person’s Statement
The Paddington Mineral Resource statement, with
the exception of the Mount Pleasant Mineral Resource estimate,
has been compiled by Mr Ian Copeland who is a Member of the
Australasian Institute of Mining and Metallurgy and qualifies
as a Competent Person as defined in the 2004 Edition of the
Australasian Code for Reporting of Exploration Results, Mineral
Resources and Ore Reserves.
Mr Ian Copeland was a full time staff member of Norton Gold
Fields and consents to the inclusion in the release of the
matters based on the information in the form and context in
which it appears.
The Mount Pleasant Mineral Resource estimate, with the exception
of the Homestead Mineral Resource estimate, has been compiled
with the consent of Mr David Williams, who is a Member of
the Australasian Institute of Mining and Metallurgy and qualifies
as a Competent Person as defined in the 2004 Edition of the
Australasian Code for Reporting of Exploration Results, Mineral
Resources and Ore Reserves. Mr David Williams is a full time
staff member of CSA Australia Pty Ltd and consents to the
inclusion in the release of the matters based on the information
in the form and context in which it appears.
The Homestead Mineral Resource estimate was
compiled with the consent of Mr Ian Copeland. The Mineral
Resource estimate is provided inclusive of Ore Reserves. Cut-off
grades used to estimate the Mineral Resource vary by deposit,
ranging from 0.7g/t Au up to 1.0g/t Au. Note rounding errors
may occur in the tabulation of the Mineral Resource estimate.
Measured Resources are 0.65Mt at 1.7 g/t for 35,000 oz, Indicated
Resources are 41.82Mt at 2.0 g/t for 2,717,000 oz and Inferred
Resources of 33.45Mt at 2.1 g/t for 2,271,000 oz. Proven Reserves
are 0.12Mt at 1.2 g/t for 4,500 oz, and Probable Reserves
are 18.22Mt at 1.8 g/t for 1,047,700 oz.
The information in this report that relates to the Mineral
Resources of Bellamel Mining Limited is based on information
provided by Mr Matthew Wood who is a Member of the Australian
Institute of Mining and Metallurgy. Mr Wood was the Chairman
of Bellamel Mining Limited. Mr Wood has sufficient experience
which is relevant to the style of mineralisation and type
of deposit under consideration and to the activity which he
is undertaking to qualify as a Competent Person as defined
in the 2004 Edition of the "Australian Code for Reporting
of Exploration Results, Mineral Resources and Ore Reserves".
Mr Wood consents to the inclusion in the report of the matters
based on his information in the form and context in which
it appears. Measured Resources are 13.30Mt at 1.15 g/t for
491,485 oz, Indicated Resources are 15.17Mt at 1.35 g/t for
658,380 oz and Inferred Resources of 45.38.30Mt at 1.12 g/t
for 1,628,065 oz.
The information in this report that relates
to the Mineral Resources of the Mount Morgan Mine Project
was prepared in accordance with the 2004 Edition of the Australasian
Code for Reporting of Exploration Results, Mineral Resources
and Ore Reserves (JORC Code) by Troy Lowien, Resource Geologist,
of consultants Coffey Mining Pty Ltd, who is a Member of The
Australasian Institute of Mining and Metallurgy (AusIMM) and
has a minimum of five years of experience in the estimation,
assessment and evaluation of Mineral Resources of this style
and is the Competent Persons as defined in the JORC Code.
Troy Lowien conducted the geological modeling, statistical
analysis, variography, grade estimation and report preparation.
This report accurately summarises and fairly reports his estimations
and he has consented to the resource report in the form and
context in which it appears.
The information on the mineral resources relating to the Norton
Gold Mine is based on information compiled by Mr Alasdair
Murray who is a member of the Australian Institute of Geoscientists.
Mr Murray has the relevant experience in relation to
the mineralisation being reported on to qualify as a Competent
Person as defined by the Australasian Code for Reporting of
Mineral Resources and Reserves. Mr Murray is a consultant
to the Company and consents to the release of this information
in the form in which it appears.
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