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Polyus Gold International Ltd.

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Summary

Project:

Kuranakh

Deposit:Kuranakh
Location:Russia
Commodities:Gold
Date:3/20/2018
Report Code:JORC
Report Type:Resource Estimation
Project Stage:Active Mining & Production
Report details:20-3-2018: Polyus Gold International Ltd. announces a Resource Estimation report for its Kuranakh deposit at the Kuranakh project. Updated mineral resources and ore reserves. PJSC Polyus (LSE, MOEX - PLZL) ("Polyus", the "Company"), the largest gold produ
Resources:(Reserve, P+P): 141Mt @ 1.0g/t Au for 4.4Moz Au contained at project
CP/QP:[Resources]: Ingvar Kirchner (AMC Consultants Pty Ltd.)
ABSTRACT:PJSC Polyus (LSE, MOEX - PLZL) ("Polyus", the "Company"), the largest gold producer in Russia, announces the results of its Ore Reserves and Mineral Resources review as at 31 December 2017 in accordance with JORC Code 2012. Polyus' Proved and Probable (P&P) Ore Reserves are estimated at 68 moz of gold. The Measured, Indicated and Inferred (MI&I) Mineral Resources stand at 190 moz, including 58 moz of Inferred Mineral Resource for Sukhoi Log, one of the world's largest undeveloped gold deposits. Polyus retains its status of the second largest company by attributable gold reserves and attributable gold resources among the world's largest gold mining companies.

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