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Polyus Gold International Ltd.
Summary
| Project: | Panimba | |
|---|---|---|
| Deposit: | Panimba | |
| Location: | Russia | |
| Commodities: | Gold | |
| Date: | 3/20/2018 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 20-3-2018: Polyus Gold International Ltd. announces a Resource Estimation report for its Panimba deposit at the Panimba project. Year-end mineral resource statement, unchanged since last estimate. PJSC Polyus (LSE, MOEX - PLZL) ("Polyus", the "Company"), | |
| Resources: | (Resource, Total): 40Mt @ 2.0g/t Au for 2.6Moz 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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