Reserve and resource growth and mine life extension · Group-wide gold reserves as at 30 June 2021 of 666,000 ounces ( oz ) grading 2.99 g/t (JORC compliant); · Gold reserves at NLGM of 423,000 oz grading 2.99 g/t, up from 382,000 oz grading 2.98 g/t as at 31 December 2020 (net of mining depletion); · Group-wide gold resources of 3,215,000 oz grading 3.62 g/t (JORC compliant in Tanzania and NI43-101 in Kenya); o New Luika (Tanzania): 1,129,000 oz grading 2.73 g/t; o Singida (Tanzania): 904,000 oz grading 2.38 g/t; o West Kenya Project (Kenya): 1,182,000 oz grading 12.6 g/t; and, · Reserve-based mine life extended to 2026 at NLGM and 2029 at Singida. Transformational production increases from 2023 with significant upside potential
PJSC Polyus Ore Reserves and Mineral Resources Update PJSC Polyus (LSE, MOEX - PLZL) ( Polyus , the Company ) announces its Ore Reserves and Mineral Resources estimates as at 31 December 2020, in accordance with JORC Code 2012. The Company s total Proved and Probable Ore Reserves have increased 71% to 104 million ounces of gold, compared to 61 million ounces of gold as at 31 December 2019. The updated estimate primarily reflects the inclusion of Ore Reserves for Sukhoi Log as well as additions at several operating mines, derived from a comprehensive drilling program across the Company s asset portfolio launched in 2018. The Measured, Indicated and Inferred Mineral Resources are estimated at
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