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 31, 2022 Mineral Resources (100% Project Basis)

Area

Classification

Tonnes

(Millions)

Gold (g/t)

Contained Au

(Millions oz)

Open Pit

Measured

3.3

1.46

0.15

 

Indicated

28.6

1.66

1.52

 

Inferred

0.1

0.73

0.00

 

Total

32.0

1.63

1.68

Stockpiles

Measured

24.4

0.61

0.48

 

Indicated

0.0

0.00

0.00

 

Inferred

0.0

0.00

0.00

 

Total

24.4

0.61

0.48

Underground

Measured

13.0

2.70

1.13

 

Indicated

5.0

2.76

0.45

 

Inferred

32.8

2.39

2.52

 

Total

50.8

2.51

4.09

Total

Measured

40.7

1.35

1.76

Indicated

33.6

1.82

1.97

Inferred

32.9

2.39

2.52

Total

107.2

1.81

6.25

 

December 31, 2022 Ore Reserves (100% Project Basis)

Area

Category

Tonnes

(Millions)

Gold (g/t)

Contained Au

(Millions oz)

Open Pit

Proved

2.3

1.75

0.13

 

Probable

22.5

1.91

1.38

 

Total

24.8

1.89

1.51

Stockpiles

Proved

7.8

0.84

0.21

Underground

Proved

4.0

2.91

0.38

 

Probable

0.0

0.00

0.00

 

Total

4.0

2.91

0.38

Total

Proved

14.2

1.58

0.72

 

Probable

22.5

1.91

1.38

 

Total

36.7

1.78

2.10

The information in this report that relates to Mineral Resources estimates was based on information compiled by Mr James Woodward, a full-time employee of AngloGold Ashanti Australia Limited, who is a member of the Australasian Institute of Mining and Metallurgy. Mr Woodward 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 Woodward 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.