Table 1. MEASURED & INDICATED GOLD MINERAL RESOURCES
|
Property |
Classification |
Tonnes |
Average Grade
(grams/tonne Au) |
Contained
Ounces of Gold |
|
Copperstone |
Measured + Indicated |
970,700 |
10.73 |
334,929 |
|
Fenelon |
Measured + Indicated |
47,927 |
19.61 |
30,217 |
|
TOTAL |
Measured + Indicated |
|
|
365,146 |
Table 2. ADDITIONAL INFERRED GOLD MINERAL RESOURCES
|
Property |
Classification |
Tonnes |
Average Grade
(grams/tonne Au) |
Contained
Ounces of Gold |
|
Copperstone |
Inferred |
189,604 |
10.87 |
66,000 |
|
Fenelon |
Inferred |
27,245 |
12.97 |
11,000 |
|
Taurus |
Inferred |
21,150,000 |
1.07 |
725,000 |
|
Northway |
Inferred (a) |
13,650,000 |
1.48 |
650,000 |
|
Gold Bar |
Inferred (b) |
1,475,000 |
3.12 |
148,000 |
|
TOTAL |
Inferred |
|
|
1,600,000 |
Resources shown in Table 2 are in addition to the Measured and Indicated resources shown in Table 1. All resources shown in Tables 1 and 2 are NI 43-101 compliant resources except (a) represents Bonanza’s 75% share of the total historic, non NI 43-101 compliant resources completed by Cyprus Canada Inc in 1994 and (b) historic, non NI 43-101 compliant resources recently shown to extend to the north and east with additional follow-up drilling planned (see Dec. 1, 2005 news release). Investors are cautioned not to rely upon these historic estimates.
Table 3. COPPERSTONE MINERAL RESOURCE (Cutoff grade = 5.1 g/t Au)
|
Zones |
Classification |
Tonnes |
Average Grade
(grams/tonne Au) |
Contained Ounces of Gold |
|
A, B, C and D |
Measured + Indicated |
970,700 |
10.73 |
334,929 |
|
A, B, C and D |
Inferred |
189,604 |
10.87 |
66,000 |
|
