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Shanta Gold is a low cost gold producer with significant resource upside, within and surrounding its New Luika Gold Mine, with additional development opportunities in Tanzania

Reserves & resources statement

Total NLGM Reserves (as at 31 December 2016)

Deposit and classification Ore tonnes (kt) Ore grade (g/t Au) Contained metal (koz)
Bauhinia Creek      
Probable Reserve 1,263 6.24 253
Luika      
Probable Reserve 466 4.88 73
Ilunga      
Probable Reserve 660 5.56 118
Total Ore Reserve - Underground 2,389 5.79 445
Ilunga OP      
Probable Reserve 188 2.75 17
Elizabeth Hill OP      
Probable Reserve 734 1.34 32
Jamhuri OP      
Probable Reserve 101 2.05 7
Shamba OP      
Probable Reserve 232 2.17 16
Total Ore Reserve - Open Pits 1,255 1.76 71
Total Ore Reserve - Open Pits + Underground1 3,644 4.40 515


Deposit and classification Ore tonnes (kt) Ore grade (g/t Au) Contained metal (koz)
Total Ore Reserve - Underground 2,389 5.79 445
Total Ore Reserve - Open Pits 1,255 1.76 71
Total Ore Reserve - Open Pits + Underground1 3,644 4.40 515


Singida as at June 2009

  Measured Indicated Inferred Total
Cut-off
Grade
(g/t)
Tonnes Grade
(g/t)
Ounces Tonnes Grade
(g/t)
Ounces Tonnes Grade
(g/t)
Ounces Tonnes Grade
(g/t)
Ounces
0.0 7.02Mt 2.13g/t 481koz 4.50Mt 1.03g/t 149koz 10.50Mt 1.19g/t 402koz 22.02Mt 1.46g/t 1,032koz
0.5 4.77Mt 3.04g/t 466koz 2.82Mt 1.54g/t 140koz 7.09Mt 1.65g/t 376koz 14.68Mt 2.08g/t 983koz
1.0 3.32Mt 4.05g/t 432koz 1.87Mt 1.96g/t 118koz 4.21Mt 2.28g/t 309koz 9.40Mt 2.84g/t 858koz
1.5 2.52Mt 4.94g/t 401koz 1.18Mt 2.38g/t 90koz 2.61Mt 2.91g/t 245koz 6.32Mt 3.63g/t 736koz