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Resource Table

JORC Mineral Resource Statement

As at 30 June 2015

On 12 August 2015 the Company announced a significant resource update for the Talang Santo Mine in compliance with the 2012 JORC Code. As at 20 June 2015, the Total Mineral Resource for the Talang Santo deposit was 1.4 million tonnes at 8 g.t Au and 22 g/t Ag for 360,000 ounces of gold and 1,012,000 of silver.

This represents a 27% increase in contained gold, with an additional 77,000 ounces of gold over the previous Talang Santo Mineral Resource after allowing for depletion by mining. 

Classification Tonnes (Kt) Gold (Au) g/t Au ounces (Koz) Silver (Ag) g/t Ag ounces (Koz)
Talang Santo
Measured 197 10.8 68 25 155
Indicated 468 11.1 167 22 326
Inferred 739 5.2 124 22 531
Subtotal 1,403 8.0 360 22 1,012
           
Way Linggo          
Measured 318 14.4 147 174 1,784
Indicated 170 6.3 34 61 333
Inferred 14 12.1 5 88 39
Subtotal 502 11.5 186 134 2,156
Grand Total 1,905 8.9 546 52 3,168

 

Competent Person Statement
The information in this report that related to the Way Linggo Project Mineral Resource, exploration results, data quality, geological interpretations, potential for eventual extraction and estimates of exploration potential, is based on and fairly represents information complied under the supervision of Scott Huffadine, who is a member of the Australasian Institute of Mining and Metallurgy and a Director and full time employee of Kingsrose Mining Limited. Mr Huffadine has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 edition of the "Australiasian Code for Reporting Exploration Results, Mineral Resources and Ore Reserves." Mr Huffadine consents to the inclusion in this report of the matter based on his information in the form and context in which it appears. 
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