Project Reserves & Resources
Jaguar Project Ore Reserves: 1 September 2010
| Classification | Tonnes | Cu % | Zn % | Ag g/t | Au g/t |
| Bentley Underground: Stage 1 & 2 (Sept 2010) | |||||
| Massive Direct Feed | |||||
| Proved | - | - | - | - | - |
| Probable | 1,890,000 | 1.46 | 10.7 | 130 | 0.62 |
| Footwall Stringer Indirect Feed | |||||
| Proved | - | - | - | - | - |
| Probable | 560,000 | 1.46 | 1.72 | 23 | 0.24 |
| Total Probable: Bentley (Sept 2010) | 2,450,000 | 1.46 | 8.64 | 106 | 0.53 |
| Jaguar Underground & Surface Stockpile Reserve (July 2010) | |||||
| Proved | 486,000 | 3.4 | 6.8 | 92 | - |
| Probable | 368,000 | 2.5 | 4.5 | 71 | - |
| Less mining depletion Jul/Aug 2010 | 69,100 | 3.85 | 8.14 | 112 | - |
| Jaguar Underground Mine plus Surface Stockpiles (Sept 2010) | |||||
| Proved | 416,900 | 3.3 | 6.6 | 89 | - |
| Probable | 368,000 | 2.5 | 4.5 | 71 | - |
| Total Proved & Probable: Jaguar (Sept 2010) | 784,900 | 2.9 | 5.6 | 81 | - |
| TOTAL JAGUAR PROJECT SUMMARY RESERVE (SEPT 2010) | |||||
| PROVED | 416,900 | 3.3 | 6.6 | 89 | - |
| PROBABLE | 2,818,000 | 1.6 | 8.1 | 101 | 0.46 |
| TOTAL PROVED & PROBABLE RESERVES: JAGUAR PROJECT (SEPT 2010) | 3,234,9000 | 1.8 | 7.9 | 99 | 0.4 |
Jaguar Project Resource Summary: 1 July 2010
| Classification | Tonnes | Cu % | Zn % | Pb % | Ag g/t | Au g/t |
| Measured | 511,000 | 4.7 | 10.4 | 0.7 | 141 | - |
| Indicated | 3,555,000 | 1.9 | 7.8 | - | 104 | - |
| Inferred | 614,000 | 1.4 | 0.8 | - | 26 | - |
| Sub Total Measured & Indicated | 4,066,000 | 2.2 | 8.2 | - | 109 | - |
| Jaguar Project Summary | 4,680,000 | 2.1 | 7.2 | - * | 98 | - * |
* Insufficient data across Resources for calculation of global grades
Jaguar Project Mineral Resources by Deposit: 1 July 2010
| Mineralisation Type | Classification | Tonnes | Cu % | Zn % | Pb % | Ag g/t | Au g/t |
| Jaguar Resource (July 2010) | |||||||
| Massive | Measured | 476,000 | 5.0 | 10.8 | 0.8 | 148 | - |
| Massive | Indicated | 306,000 | 3.2 | 6.1 | 0.6 | 96 | - |
| Massive | Inferrred | 6,000 | 3.2 | 8.5 | 0.7 | 82 | - |
| Sub Total In-Situ Resource | 788,000 | 4.3 | 9.0 | 0.7 | 127 | - | |
| Surface Stockpiles | Measured | 35,000 | 1.5 | 4.0 | 0.3 | 46 | - |
| Total | Measured | 511,000 | 4.7 | 10.4 | 0.7 | 141 | - |
| Total | Indicated | 306,000 | 3.2 | 6.1 | 0.6 | 96 | - |
| Total | Inferred | 6,000 | 3.2 | 6.5 | 0.7 | 82 | - |
| TOTAL JAGUAR UNDERGROUND RESOURCE | 823,000 | 4.2 | 8.8 | 0.7 | 124 | - | |
| Bentley Mineral Resource (November 2010) | |||||||
| Massive | Indicated | 1,328,000 | 1.9 | 15.4 | 1.0 | 184 | 0.8 |
| Stringer | Indicated | 975,00 | 1.7 | 2.3 | 0.1 | 34 | 0.3 |
| TOTAL BENTLEY UNDERGROUND RESOURCE | 2,303,600 | 1.8 | 9.9 | 0.6 | 122 | 0.6 | |
| Massive Sulphide | Inferred | 576,000 | 3.0 | 11.7 | 0.9 | 231 | 1.2 |
| Stringer Sulphide | Inferred | 166,000 | 1.8 | 1.5 | 0.1 | 55 | 0.5 |
| TOTAL INFERRED | 742,000 | 2.7 | 9.4 | 0.7 | 191 | 1.0 | |
| TOTAL INDICATION + INFERRED | 3,045,600 | 2.0 | 9.8 | 0.6 | 139 | 0.7 | |
| *Note: Cut-off grades used are 0% for massive sulphide and 0.5% Cu for stringer mineralisation. | |||||||
| Teutonic Bore Resource (August 2010) | |||||||
| Massive | Indicated (transitional) | 20,000 | 4.3 | 11.7 | 1.1 | 200 | - |
| Massive | Indicated (fresh) | 132,000 | 1.7 | 16.7 | 1.5 | 223 | - |
| Sub Total Massive | Indicated | 152,000 | 2.1 | 16.0 | 1.4 | 220 | - |
| Stringer | Indicated | 719,000 | 1.5 | 0.7 | - | 23 | - |
| Stringer | Inferred | 608,000 | 1.4 | 0.7 | - | 25 | - |
| Sub Total Stringer | Indicated & Inferred | 1,478,000 | 1.5 | 2.2 | - | 44 | - |
| Surface Stockpiles | Indicated | 75,000 | 2.2 | 6.1 | - | 147 | - |
| Total | Indicated | 946,000 | 1.7 | 3.6 | - | 65 | - |
| Total | Inferred | 608,000 | 1.4 | 0.7 | - | 25 | - |
| TOTAL TEUTONIC BORE RESOURCE | 1,553,000 | 1.6 | 2.5 | - * | 43 | - * | |
* Insufficient data across Resources for calculation of global grades
Stockman Project Mineral Resources: September 2009
| Mineralisation Type | Classification | Tonnes | Cu % | Zn % | Pb % | Ag g/t | Au g/t |
| Currawong & Wilga Resource | |||||||
| Massive & Stringer | Indicated | 11,383,000 | 2.1 | 4.6 | 0.7 | 39 | - |
| Massive & Stringer | Inferred | 1,118,000 | 1.8 | 2.6 | 0.5 | 27 | - |
| Total Stockman Resource | 12,501,000 | 2.1 | 4.4 | 0.7 | 38 | - | |













