Reserves/Resource Statement

Ore Reserves and Mineral Resources

The Ore Reserves and Mineral Resources estimates for Tropicana are updated on an annual basis. AngloGold Ashanti and Regis Resources Limited provide full details of these estimates, including the applicable JORC statements, on their websites: www.anglogoldashanti.com and www.regisresources.com.au.

 

December 2020 Mineral Resources (100% Project Basis)

Area

Classification

Tonnes

(Millions)

Gold (g/t)

Contained Au

(Millions oz)

Open Pit

Measured

40.6

0.82

1.07

 

Indicated

50.5

1.40

2.28

 

Inferred

3.0

0.92

0.09

 

Total

94.2

1.14

3.44

Underground

Measured

1.7

2.97

0.17

 

Indicated

13.1

2.60

1.09

 

Inferred

36.1

2.54

2.94

 

Total

50.9

2.57

4.20

Total

Measured

42.3

0.91

1.24

Indicated

63.6

1.65

3.37

Inferred

39.1

2.41

3.03

Total

145.1

1.64

7.64

 

December 2020 Ore Reserves (100% Project Basis)

Area

Category

Tonnes

(Millions)

Gold (g/t)

Contained Au

(Millions oz)

Open Pit

Proved

21.6

1.09

0.76

 

Probable

24.7

2.04

1.62

 

Total

46.3

1.60

2.38

Underground

Proved

0.3

3.13

0.03

 

Probable

2.5

3.49

0.28

 

Total

2.8

3.45

0.31

Total

Proved

21.9

1.12

0.79

 

Probable

27.2

2.18

1.91

 

Total

49.1

1.71

2.69

The information in this report that relates to Mineral Resources estimates was based on information compiled by Mr Mark Kent, a full-time employee of AngloGold Ashanti Australia Limited, who is a member of the Australasian Institute of Mining and Metallurgy. Mr Kent has sufficient experience relevant to the type and style of mineral deposits under consideration, and to the activity which has been undertaken, to qualify as a Competent Person as defined in the 2012 edition of the JORC Code. Mr Kent consented to the release of the Mineral Resource estimated, based on the information in the form and context in which it appears in this report.